FinNext is a podcast that focuses on the rapidly evolving world of Cryptocurrencies, NFTs, and the digital currency market. Tune in to join the conversation as we explore the exciting world of FinNext.
This is a Mint production, brought to you by HT Smartcast.
NFT’s are powered by blockchain and most often, are Ethereum based. Did you know that the energy consumed by Ethereum every year is the same as that of Nigeria’s annual energy consumption? The amount of energy consumed by cryptocurrencies makes us wonder how much is the NFTs impact the environment.
Let’s try and answer two key issues here:
1 What is their effect on the environment?
2. How can we reduce the impact?
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14 Jul 2023
Two Biggest Technologies of Our Time | Blockchain and IoT
Lately, a lot of people have been talking about blockchain. A few years ago, it was the Internet of Things, or, IoT. IoT soon became the most adopted technology of our time. It is now being matched in popularity by Blockchain!
Today, the IoT industry stands at over $470 bn, while the blockchain industry is in its initial phase at $4.9 bn. But what if the two most powerful technologies came together?
In this episode, we’ll talk about
1. IoT
2. Blockchain
And how two of these biggest technologies can integrate to create efficient solutions across industries.
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30 Jun 2023
Blockchain: The future of finance?
How is blockchain affecting finance? The world's finance industry is worth around 22.6 trillion dollars. That is 20–25% of the world economy. Thus, any new technology will always try to disrupt the financial space. The Internet changed the way we did banking forever, and now blockchain, with its decentralization and transparency, is trying to do so. As per a PwC report on Global Fintech, 77% of financial institutions are expected to use or try out blockchain in their production systems. In this episode, we will explore four ways in which blockchains are creating change in the financial space.
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