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Blockchain, from energy villain to hero

The technology consumes more energy than the whole Argentina, however it boosts a US$ 1 trillion market and can be disruptive to accounting and information security

Blockchain technology can change the world as we know it. By the end of 2018, the cryptocurrency market, which exists thanks to it, should be worth US$ 1 trillion. It is an innovation that uses information decentralization for safety and transparency. The problem is its energy demand: tech applications across the world could consume more energy than the whole Argentina in one year. Great universities and companies race against timeto develop the first Green Blockchain algorithm.

Content published in May 30, 2018

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