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Sri Lanka’s ICT/BPM country Brand the “Island of Ingenuity” – IOI, was promoted at the Digital ICT Week in Luxembourg from 13th to 17th September 2021. Sri Lanka Export Development Board (EDB) together with the Embassy of Sri Lanka in Brussels organized the participation of seven (7) Sri Lankan companies at the ICT Spring Europe...
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...
Monday 15th March / presented by Jeff Bullen Non-fungible tokens (NFT) and blockchain pose an untold threat to the environment. Miners of blockchain tend to set up in places with cheap energy, which generally translates to carbon pollution – and it requires an enormous amount of energy. Popular bitcoin Ethereum’s annual energy use is roughly on par with all of Ireland's annual energy use. Without regulation, skyrocketing bitcoin prices could lock the world into years of increased fossil fuel mining, large emissions and resource scarcity. Dean of Swinburne...
Motive Capital Corp Announces Closing of Initial Public Offering, including Underwriters’ Over-Allotment Option Motive Capital Corp Announces Closing of Initial Public Offering, including Underwriters’ Over-Allotment Option Motive Capital Corp (the Company) today announced the closing of its initial public offering of 41,400,000 units, including 5,400,000 units pursuant to the full exercise of the underwriters over-allotment option, at a public offering price of $10.00 per unit. Each unit consists of one Class A ordinary share of the Company and one-third of one warrant. Each whole warra...