[HIGHLIGHT] What is the Carbon Footprint of Distributed Ledger Technology (aka blockchain)?

As blockchain technology, or distributed ledger technology, becomes increasingly popular, Dr Christine Chow, Head of Stewardship at HSBC Global Asset Management, asked the important question of “What about the energy that is used to run blockchain? Is it proof of work or proof of stake?”. Dr Bo Bai, Chairman and Co-founder of CTX, then explains more about this and how CTX has calculated the carbon footprint of 1 Bitcoin and 1 Ether.

The full report on this can be viewed at https://www.ctx.sg/#/research?id=23

The full webinar can be viewed at https://www.youtube.com/watch?v=TognAscp2nA

Let’s keep the conversation going…to learn more about Carbon Neutrality Tokens, say hello to us at contact@ctx.sg or visit us at https://www.ctx.sg.

The MVGX platform is operated by MetaVerse Green Exchange Pte. Ltd. (“MVGX”) and its subsidiaries, including Cyberdyne Tech Services Pte. Ltd. (“CTS”). MVGX is regulated by the Monetary Authority of Singapore as a capital markets services (CMS) licensee for dealing in capital markets products and providing custodial services, and a Recognised Market Operator (RMO). MVGX only serves non-retail customers under its RMO and CMS license in Singapore. The provision of digital payment token services, including the operation of a digital payment token platform, under the MVGX platform is undertaken by CTS, which is under an exemption from holding a licence under the Payment Service Act.