Press Release
The importance of sustainability: Why eco-friendly blockchains are the future

As more and more decentralized applications (DApps), such as GameFi, DeFi, NFTs, and more, are being developed, heated discussions about the environmental impact of blockchain and cryptocurrency have reignited once more. Especially after China’s crackdown on cryptocurrency mining activities, public debates about blockchain and crypto-related energy consumption rates have reached a climax.
Proof of Work’s environmental impact
Since the birth of Bitcoin, the Proof of Work (PoW) consensus mechanism has always been fundamental to the security of blockchain networks. This consensus is reached through computing power, commonly referred to as hash rate.
Over time as blockchain technology is being adopted by the world, the energy consumption rate of the entire blockchain network has skyrocketed, leading to significant environmental costs. The University of Cambridge estimates that Bitcoin mining consumes about 130 TWh per year, accounting for about 0.1% of the world’s total primary energy consumption.
As far as DApp development is concerned, energy consumption-related environmental issues are mostly derived from Ethereum mining, since Ethereum is a PoW blockchain with the largest ecosystem full of projects in varying sizes. With the recent London hard fork, the transition to Ethereum 2.0-a complete Proof of Stake (PoS) blockchain, will be completed as early as 2022. As a result, the current energy consumption per transaction on Ethereum is about 35 kWh, which is equivalent to the energy consumption of a single person in developing countries for 3 days.
The true cost of DApp transactions
While mass crypto adoption is happening around the world, DApps and their applicability will eventually catch up. New projects such as wealth management applications, lending platforms, decentralized exchanges (DEX), NFT-inspired metaverses, and more, that are gradually taking over social media and our lives are the ultimate proof. If you have been paying attention to what’s happening around you, the crypto community’s passion and loyalty towards decentralized, immutable technology are clearly reflected in the real world.
That is certainly good news for crypto enthusiasts, but for the environment, it’s an entirely different story. Take NFTs for example. Memo Atken, a digital artist and engineer, estimates that the true cost of an NFT is much higher than a typical energy consumption of a transaction on Ethereum (35 kWh). He believes that NFT-related transactions will cost much more because all NFTs have to be minted and exchanged multiple times on the blockchain.
He is certainly correct. In fact, an NFT’s creation and distribution do not only consist of a simple mint and sale process. There will be many subsequent transactions made by collectors and traders, which makes the average carbon footprint of each NFT close to 340kWh (an average of 211 kg of CO2), equivalent to a single person’s energy consumption in a developed country for more than a month.
Why eco-friendly blockchains are favored by developers
In early 2021, several public blockchains underwent considerable ecosystem expansion, such as ThunderCore, Solana, Polkadot, and Binance Smart Chain. These blockchains’ ecosystems are in full bloom, as decentralized projects like DAOs, Oracles, Token Bridges, DeFi protocols, NFT marketplaces, blockchain games, and more, are being deployed consistently. There are many reasons for the expansion of these networks, but one thing they all have in common is that none of them utilize a PoW consensus mechanism (meaning zero physical mining facilities are used). Instead, novel mechanisms, such as PoS, that allow on-chain staking and other models to replace PoW are applied.
Among them, the ThunderCore blockchain uses the state-of-the-art PoS consensus mechanism, PaLa, which not only solves the “scalability trilemma”, but also supports the chain’s entire ecosystem with cheap renewable energy. ThunderCore is an eco-friendly public blockchain, and its CO2 emissions, resulting from on-chain transactions, are reduced by more than 10,000x. For example, its block creation does not require the support of large amounts of energy resources like Bitcoin and Ethereum do. ThunderCore is also EVM compatible, which allows the rapid migration and deployment of Ethereum projects. With low gas fees (<$0.00001), sub-second confirmations, and 4,000+ TPS, ThunderCore has become a platform favored by developers from the world over.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Rhode Island Author Tony Jones Announces New Book Exploring Blockchain Technology
RHODE ISLAND, United States, 3rd Sep 2026 – Rhode Island-based author and media professional Tony Jones has announced the release of a new book exploring blockchain technology and its potential applications in modern digital systems.

The book examines blockchain-based technology and discusses topics including transparency, security, accessibility, digital records, and public confidence. It provides readers with an overview of how blockchain systems work and explores considerations surrounding their use in large-scale technology applications.

As blockchain technology continues to develop across a range of industries, the publication offers readers an opportunity to learn more about the technology and its characteristics, including the ways information can be recorded, managed, and accessed through blockchain-based systems.
The book reflects Jones’s interests in communications, technology, psychology, and public engagement. His work explores subjects at the intersection of technological innovation and society.
The new book is available through Barnes & Noble.

About Tony Jones
Tony Jones is a Rhode Island-based author and media professional with interests spanning communications, technology, psychology, and public engagement. His work explores ideas at the intersection of innovation and society.
Publication Details
Author: Tony Jones
Subject: Blockchain technology
Availability: Barnes & Noble
Learn more about the book:
https://www.barnesandnoble.com/w/making-a-case-for-holding-political-elections-on-the-blockchain-tony-jones/1149089731
LinkedIn:
https://www.linkedin.com/in/tonyjonesinri/
Media Contact
Organization: Tony Jones
Contact Person: Tony Jones
Website: https://www.tonyjones.org/
Email: Send Email
State: RHODE ISLAND
Country:United States
Release id:48592
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About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Tazapay Now Live on the Borderless.xyz Network For Seamless Money Movement to Asia Pacific and Latin America
New York, New York, September 3rd, 2026, FinanceWire
Tazapay is live on the Borderless.xyz, putting nine additional markets, local-rail payouts, and stablecoin settlement behind the single connection
Borderless, the global stablecoin orchestration and liquidity network, today announced that Tazapay is live on its network. Tazapay, headquartered in Singapore and licensed there as a Major Payment Institution by the Monetary Authority of Singapore, brings payouts and collections over domestic rails in markets including Singapore, India, Indonesia, the Philippines, Thailand, and Australia, along with Brazil, Mexico, and Colombia in Latin America.
Businesses paying into these markets have typically run a separate provider relationship per market, each with its own contract, compliance file, and settlement timing, with correspondent banking layering fees and delays underneath. Through the Borderless network, clients reach Tazapay’s coverage over the connection they already operate. Payouts arrive as local currency in the recipient’s own bank account as a domestic transfer rather than an international wire, and collections run in reverse through virtual accounts with local account details in domiciles including Singapore, Australia, the UK, and the UAE.
With Tazapay live, Borderless clients can turn on nine additional markets without a sourcing cycle, a new integration, or additional negotiations. The Borderless network connects 19+ locally licensed providers across 113+ countries through a single API.
“The demand we’re seeing from enterprises and fintechs across Asia Pacific is unmistakable. Businesses there want to move money faster and at lower cost, and our clients want to reach them,” said Alex Garn, Chief Product Officer at Borderless. “This is exactly what we built Borderless to do: extend the network’s reach across Asia Pacific and its depth in Latin America, and hand it to every client through the connection they already run, with Tazapay’s local rails behind every corridor.”
“Expanding globally shouldn’t mean navigating a fragmented payments landscape market by market,” said Rahul Shinghal, CEO of Tazapay. “Through this partnership, Borderless clients get Tazapay’s infrastructure, including local collection and payout rails, virtual accounts, and modern settlement options, through a single API. We’ve spent years building that depth across APAC, and putting it within reach of more businesses is what makes entering a new market genuinely simpler.”
Tazapay corridors are available to Borderless clients today. Businesses can contact the Borderless team to enable them on their routing.
About Borderless
Borderless is a global stablecoin orchestration and liquidity network. Its single API connects wallet infrastructure to 19+ licensed stablecoin providers across 113+ countries and 72+ fiat currencies, giving businesses the speed of an aggregator with the economics of going direct. Borderless is SOC 2 Type II certified and headquartered in New York. Users can learn more at borderless.xyz.
About Tazapay
Tazapay is a cross-border payments platform headquartered in Singapore and licensed as a Major Payment Institution by the Monetary Authority of Singapore. It provides local collections and payouts, virtual accounts, and stablecoin settlement for businesses operating internationally. Users can learn more at tazapay.com.
Contact
Sarah Cohen
SJC PR
sarah@sjc-pr.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
DWF Labs Expands Global Regulatory Footprint with BVI Virtual Asset Service Provider Approval
Road Town, Tortola, British Virgin Islands, September 3rd, 2026, Chainwire
DWF Labs, an established, market-tested investor and market maker built to strengthen digital asset market infrastructure at scale, today announced an expansion of its global regulatory footprint with a group entity granted Virtual Asset Service Provider (VASP) regulatory approval from the British Virgin Islands Financial Services Commission (BVI FSC).
Granted under the BVI’s Virtual Assets Service Providers Act 2022, the approval authorizes DWF Labs as a registered VASP, to provide the exchange of one or more forms of virtual assets, as well as to participate in, and provide financial services related to an issuer’s offer and/or sale of a virtual asset.
The approval enables institutional clients access to DWF Labs’ integrated OTC trading and market making capabilities, including spot trading across thousands of digital assets and stablecoins, through a regulated BVI entity. It also strengthens the company’s ability to deliver investment, incubation and ecosystem development services to support token issuers and digital asset projects on a global scale.
The BVI has established itself as a leading jurisdiction for decentralized ledger deployments and structured real-world asset (RWA) tokenization. The territory now represents nearly 10% of the global tokenization US treasuries market, with $1.5 billion in distributed value. BVI-domiciled entities also facilitate more than $1.2 billion in active, circulating stablecoins – figures underpinned by more than 24,700 stablecoin asset holders and weekly transfer volumes of $694.1 million. These figures (Source: rwa.xyz treasuries and stablecoins) reflect the strength of both the regulatory and market infrastructure DWF Labs is now positioned to operate within.
Heng Lee, Managing Director and Partner at DWF Labs said, “The Virtual Asset Service Provider (VASP) approval from the British Virgin Islands Financial Services Commission (BVI FSC) is a key step in responsibly expanding and delivering DWF Labs’ regulated digital asset services to international institutional clients.”
“As the digital asset market and industry continue to mature, and adoption increases, this addition to our regulatory framework will enable us to deliver a broader range of solutions, products, and services, while reinforcing our focus upon transparency and governance.”
DWF Labs will continue to expand its regulatory footprint across key global markets, supporting its international growth strategy and commitment to operating within robust regulatory frameworks.
About DWF Labs
Established in 2022, DWF Labs is an investor and market maker, focused on giving builders the capital, liquidity, expertise, and partnerships needed to take ideas from concept to scale. DWF Labs is among the world’s largest high-frequency digital asset trading organizations, active on more than 80 centralized and decentralized exchanges. The firm supports over 20% of CoinMarketCap’s Top 100 projects and 35% of its Top 1,000, and has worked with more than 1,000 blockchain companies across Layer 1 and Layer 2 networks, DeFi, gaming, AI, payments, infrastructure, and tokenization.
The firm’s work is organized across four business lines: Liquidity (institutional market making and liquidity provision), Investment and Incubation (strategic capital and token advisory for emerging projects), Ecosystem Development (go-to-market support), and OTC and Structured Markets (tailored trading solutions for institutions, funds, and protocol treasuries). DWF Labs also founded and incubated Falcon Finance, a synthetic dollar and universal collateralization protocol.
DWF Labs operates a globally distributed team on a 24/7/365 basis.
For more information, visit www.dwf-labs.com, or follow DWF Labs on X, LinkedIn, and Telegram.
Contact
DWF Labs
press@dwf-labs.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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