Segments: Byte Into IT: Understanding The Environmental Impacts Of Blockchain — Triple R 102.7FM, Melbourne Independent Radio
Byte Into IT: Understanding The Environmental Impacts Of Blockchain It’s easy to think that cryptocurrencies have minimal impact on the environment as they don’t require printing of anything physical. However, Professor Yang Xiang joins the Byte Into IT crew to explain the technologies and processes, like blockchain, can use an extraordinary amount of computer power, and therefore electricity. According to the Dean of Swinburne’s Digital Research and Innovation Capability, research that shows that “one Bitcoin transaction would generate the carbon dioxide equivalent to 707,000 swipes...