Recently, the massively popular cryptocurrency Ethereum has developed an intelligent solution to reduce its energy consumption drastically. Currently, just one transaction uses as much electricity as powering a home for a whole month. This new update would take seconds for a single transaction and use only microwatts of electricity. This move is not only environmentally … [Read more...] about Crypto Going Green: Ethereum Innovates Technology To Dramatically Cut Energy Use
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Has Cryptocurrency Increased the Need for Accountants?
Cryptocurrency is a hot item in the world of accounting. As the popularity of these decentralized currencies grows, accountants analyze how new tech and standards will change the way they work. Facing disruptions in the financial sector, professional accountants have to adapt to the ways crypto alters business practices. From education to auditing, cryptocurrencies offer new … [Read more...] about Has Cryptocurrency Increased the Need for Accountants?
Understanding the Environmental Impact of Cryptocurrency
Bitcoin and Dogecoin are household names in the west. They appeal to various individuals because of their alignment with technological evolution. Decentralizing our currency can positively affect financial security and impact environmental conservation. The Paris Agreement On his first day in office, President Biden signed the U.S. onto the Paris Agreement. The signing … [Read more...] about Understanding the Environmental Impact of Cryptocurrency
Everything You Need to Know about Crypto Wallets – A Detailed Guide
Defining Cryptocurrency & Crypto Wallets The cryptocurrency was once thought to be just a technology demonstrated, but today, discussions are underway whether or not to accept cryptocurrency as a valid method of payment. The endorsements by big names like Elon Musk have been instrumental in changing the perception and fate of cryptocurrency. Although a lot of people might … [Read more...] about Everything You Need to Know about Crypto Wallets – A Detailed Guide
How IT Startups can Benefit from Tracking Their Crypto Assets
From Tesla to PayPal, it's clear that big companies are getting more involved with the crypto market daily. It doesn't come as a surprise that many startups are turning to digital assets, especially those in IT. Many of them already introduced employee payment in crypto. The rapid growth of currency choice provides plenty of options to expand your portfolio. Whether we're … [Read more...] about How IT Startups can Benefit from Tracking Their Crypto Assets
