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

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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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Sergey Baburov and the Coffee Navigator team to attend International Coffee Week in Trieste

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Kazakhstan, 8th Sep 2026 – Sergey Baburov and the team behind the Coffee Navigator analytics platform plan to attend TriestEspresso Expo 2026, which will take place in Trieste, Italy, on October 21–23. The team will focus on the development of private-label coffee production and its impact on local market structures.

Sergey Baburov and the Coffee Navigator team

TriestEspresso Expo is an international B2B trade show dedicated to espresso and the coffee industry. Exhibitors include green coffee suppliers, roasting companies, equipment manufacturers, packaging providers, and service companies.

In 2026, the organizers will introduce private label as a dedicated area for the first time under the name Custom Coffee Industry. The section is designed to bring manufacturers together with buyers from retail, hospitality and foodservice, distribution, and e-commerce.

For Coffee Navigator, this segment is of particular interest as an indicator of market development. The team plans to examine contract manufacturing models, minimum order quantities, opportunities for custom recipe development and packaging, as well as differences in requirements across retail, HoReCa, and e-commerce channels.

The main objectives of the visit are to:

  • study cooperation models between brand owners and contract manufacturers;
  • compare product and packaging requirements across different sales channels;
  • assess how contract manufacturing can make it easier to launch new coffee brands;
  • collect data for further analysis of local coffee markets.

“Private label is often seen simply as another product category. What interests us more is what sits behind it: how easy it is for a company to launch a new product, how much of the process is handled by the manufacturer, and what different sales channels expect from suppliers. These details can reveal a great deal about how a market is structured and how developed it is,” says Sergey Baburov, founder of Coffee Navigator.

The team plans to compare the data collected at the exhibition with the indicators Coffee Navigator already uses to assess local markets. Following the visit, the company will prepare an analytical summary on the development of private label in the coffee industry and its potential impact on the emergence of new brands and the level of market competition.

Company Name: Coffee Navigator
Contact Person: Sergey Baburov
Email: pr@hydecoffee.kz 
Phone: +77079429922 
Website: https://hydecoffee.kz 

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Organization: Coffee Navigator

Contact Person: Sergey Baburov

Website: https://hydecoffee.kz

Email: Send Email

Country:Kazakhstan

Release id:48925

The post Sergey Baburov and the Coffee Navigator team to attend International Coffee Week in Trieste appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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BMC Advances Prime Growth Strategy PGS in Nigeria Under Babajide David Awolowo

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Blue Meridian Capital (BMC) is advancing the Prime Growth Strategy (PGS) framework in Nigeria, with the initiative entering its live-market execution phase on 8 September. Led by Babajide David Awolowo, the framework focuses on high-frequency quantitative trading, direct market access and disciplined intraday execution as part of a broader approach to structured capital-market participation.

Nigeria, 8th Sep 2026 – As global investors continue to assess opportunities across emerging African markets, attention is increasingly turning towards the role of quantitative infrastructure in improving execution discipline and market participation. In Nigeria, the latest development of the Prime Growth Strategy (PGS) is bringing this discussion into sharper focus.

Led by Babajide David Awolowo, the framework entered its live-market execution phase on 8 September. Its underlying approach combines high-frequency quantitative trading models with DMA-based execution, using predefined rules and data-driven processes rather than relying primarily on discretionary market judgement. 

At the centre of the framework is the analysis of short-term pricing movements and order-book conditions. The system is designed to process market data at high speed, analyse short-term pricing conditions and support execution decisions within predefined parameters. Positions are structured around intraday activity, with the framework designed to avoid carrying positions overnight.

This approach reflects a broader shift within institutional trading towards automated execution, where technology, market data and risk parameters play an increasingly important role in determining how capital is deployed.

Structured capital leverage is also incorporated into the PGS framework to support capital efficiency. Rather than treating leverage as a standalone return mechanism, the model combines it with systematic hedging processes, predefined exposure limits and systematic risk controls intended to manage downside exposure during trading activity.

Awolowo’s recent work has focused on the strategic application of institutional quantitative methods to Nigerian market conditions, including how data-driven execution, risk frameworks and market-access technologies may support more structured participation.

The framework also places emphasis on full-depth order-book data and rapid execution capabilities. These tools are intended to help identify short-lived market imbalances that may be difficult to capture through conventional manual trading processes.

According to the project’s underlying approach, the objective is not to depend on directional market forecasts, but to create a more systematic process around data analysis, execution discipline and risk management.

As technology becomes increasingly embedded in capital-market infrastructure, frameworks such as PGS illustrate how quantitative methods may contribute to a more structured form of market participation. The development also reflects growing interest in how established institutional trading concepts can be adapted to the operational characteristics of emerging financial markets.

About Blue Meridian Capital (BMC)

Blue Meridian Capital (BMC) is a UK-based asset management firm focused on institutional quantitative trading and structured market strategies. Its approach incorporates high-frequency quantitative models, direct market access infrastructure, API-based execution, structured capital management and systematic risk controls. BMC focuses on applying data-driven trading methodologies to different market environments while emphasising execution discipline, intraday positioning and technology-supported risk management. Through initiatives including Prime Growth Strategy (PGS), the firm explores how research, quantitative methods, investment discipline and technology-supported processes may contribute to more structured participation across global and emerging capital markets.

Media Contact

Organization: Blue Meridian Capital (BMC)

Contact Person: Amara Okeke

Website: https://bluemeridiancap.com/

Email: Send Email

Country:Nigeria

Release id:48919

The post BMC Advances Prime Growth Strategy PGS in Nigeria Under Babajide David Awolowo appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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The “Everlasting Battery” Inside Your Joints:UConn Professor’s Self-Powered Healing Material just Got Acquired

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MINNEAPOLIS, MN, September 8th, 2026, FinanceWire

A material that turns your own movement into medicine has just landed a corporate home. PetVivo Holdings (OTCQX: PETV), a veterinary biotech and biomedical device company focused on treating osteoarthritis in dogs and horses, has acquired PiezoBioMembrane (PBM) — a startup built around a biodegradable implant that generates electricity from the everyday force of a joint in motion, and uses that charge to help regrow cartilage from the inside out. The material is the invention of Thanh Nguyen, a professor of mechanical engineering in UConn’s College of Engineering, who founded PBM in 2021 to advance new implementation methods for his work with piezoelectric materials — substances that convert mechanical force into electrical energy. These materials are typically ceramics: hard, brittle, and poorly suited for medical use. But Nguyen’s lab developed new forms that are so , flexible, and biodegradable, breaking down naturally within the body over time. wound healing, The materials have already shown strong potential across a range of medical applications, including tissue regeneration, implanted force sensors, and targeted drug delivery in tumor treatment. How It Works biodegradable ultrasound for In the case of arthritis, Nguyen explains, the piezoelectric materials function as an off-the-shelf product that can be implanted or injected directly into the ailing joint — with no drugs, chemicals, or cells required. The everyday force exerted on the joint generates a small electrical charge, which helps regrow healthy cartilage, mimicking the body’s natural use of electricity to regenerate tissue. “The body can be electrically stimulated to regrow,” Nguyen says. PBM’s materials “act like a battery — an everlasting battery that works whenever there is a force applied, and vanishes safely inside the body over time.” PetVivo’s Vision for the Acquisition PetVivo Holdings CEO John Lai expressed enthusiasm for the merger’s potential to improve the lives of companion animals globally. “PBM has developed a compelling functional biomaterials platform with the potential to support the development of multiple medical device and therapeutic product lines across both human and animal health markets,” Lai said in a press release. “By combining PBM’s scientific innovation with PetVivo’s product development capabilities, commercialization experience, regulatory expertise, and public company infrastructure, we believe we can accelerate theadvancement of technologies that may serve as the foundation for numerous future products and strategic opportunities.” For Nguyen, the deal is a chance to scale technology that could eventually benefit both animals and people. “PetVivo is an animal health company, but they do have a big passion: pushing the technology towards clinical trials for human use,” Nguyen says. “That aligned perfectly with my passion for developing technology that has an impact on human life. That is why I am excited about this merger, which facilitates my passion.” A Track Record of Innovation Nguyen’s research sits at the intersection of medicine, micro/nanotechnology, and biomaterials. His inventions have earned him publications in prominent scientific journals and media coverage from outlets including NPR. Nguyen founded PBM during the COVID-19 pandemic, a er realizing the material he had developed could be used to create an especially effective, biodegradable face mask — one where the mechanical force of breathing generated an electrical charge that provided an extra layer of protection against viruses. PBM is not Nguyen’s only venture in the acquisition pipeline. His other startup, Single-Time Microneedles (STM), is also currently undergoing an acquisition process. STM has pioneered stable, efficient vaccine delivery technology in the form of an adhesive patch. shelfNguyen’s focus on biodegradable materials has translated into a remarkably diverse range of medical applications. He has received five R01 grants from the National Institutes of Health (NIH) supporting research in cartilage regeneration, bone regeneration, HIV antibody delivery systems, and biodegradable ultrasound technology to boost the effectiveness of chemotherapy for brain cancer. “Whatever we are working on, we want to show that it works very well in vitro and in vivo,” Nguyen says. “Then, when we are at the point of commercialization, we set up a startup or license the technology — or maybe team up with an industry partner.” Thanh Nguyen is a professor of mechanical engineering in UConn’s College of Engineering. (Courtesy of Thanh Nguyen

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Monica Brennan
New to The Street
Monica@NewtoTheStreet.com

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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.

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