# Banking system consumes two times more energy than Bitcoin: research

# Banking system consumes two times more energy than Bitcoin: research

“# Banking system consumes two times more energy than Bitcoin: research ” Amid the ongoing concerns over Bitcoin’s (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin network. Michael Novogratz’s cryptocurrency firm Galaxy Digital released a report Friday titled “On Bitcoin’s Energy Consumption: A Quantitative Approach…

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# The way of the stablecoin: A journey toward stability, trust and decentralization

# The way of the stablecoin: A journey toward stability, trust and decentralization

“# The way of the stablecoin: A journey toward stability, trust and decentralization ” Bitcoin (BTC) and other cryptocurrencies have opened the doors to a whole new world of finance. In their most basic form, cryptocurrencies allow people to transact in a fully trustless, transparent and efficient manner, cutting out the centralized intermediaries and counterparty…

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# Gold-as-a-currency: Kinesis launches blockchain-backed monetary system in Indonesia

# Gold-as-a-currency: Kinesis launches blockchain-backed monetary system in Indonesia

“# Gold-as-a-currency: Kinesis launches blockchain-backed monetary system in Indonesia ” Kinesis, a gold-backed monetary system based in the Cayman Islands, has launched a Sharia-compliant version of its product in Indonesia, setting the stage for wider acceptance of its blockchain solution in the world’s largest Muslim-population country.  The product, PosGO Syariah, is described as the first…

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