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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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Solli Rothschild Launches Research Initiative on Personal Names, Trademarks and Digital Identity

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After a Personal Experience at the Intersection of Names, Trademarks and Domain Names, Solli Rothschild Opens a Broader Conversation About Who Owns the Meaning of a Name

Norway, 12th Sep 2026 – Entrepreneur and investor Solli Rothschild has launched an independent research and discussion initiative examining the increasingly complex relationship between personal names, trademarks, domain names, digital identity and commercial brands.

The initiative grew partly from Rothschild’s own experience at the intersection of a personal surname, commercial identity and intellectual-property rights. Rather than focusing exclusively on an individual dispute, the project seeks to examine a broader question emerging as entrepreneurs increasingly build companies, reputations and international digital identities around their own names.

A surname can carry several meanings at the same time. It can represent family heritage and personal identity while also becoming associated with businesses, products, professional services, websites, publications and trademarks. In an increasingly digital and international economy, those different forms of identity can sometimes meet in ways that are difficult to define using traditional distinctions between a person and a brand.

Rothschild’s research will explore how personal names function when they enter commercial life, including questions surrounding personal-name trademarks, domain names, commercial reputation, consumer perception and the distinction between legitimate personal identity and potential commercial confusion. The research will also consider how these issues differ across jurisdictions and how the growth of social media, digital platforms and artificial intelligence may change the way individuals establish and protect their identities.

From Personal Experience to a Broader Research Question

The subject became particularly relevant to Rothschild after experiencing first-hand how a person’s surname can intersect with trademark and domain-name proceedings. That experience prompted her to look beyond the immediate circumstances and investigate a wider set of questions affecting entrepreneurs, trademark owners and individuals who build businesses around their own names.

The initiative will examine when a personal name begins functioning as a commercial identifier, whether a personal reputation can develop independently from an established corporate brand, how businesses built around shared surnames can coexist, and how domain-name disputes involving genuine personal names should be considered.

The research will draw on intellectual-property law, trademark practice, domain-name jurisprudence and the experience of entrepreneurs operating internationally. WIPO’s published materials, for example, recognize that personal names can in certain circumstances acquire trademark significance through commercial use, while registered personal-name trademarks can provide a basis for UDRP proceedings. 

An Invitation to the Intellectual-Property Community

Rothschild intends to develop the initiative as an open research discussion and plans to invite trademark attorneys, intellectual-property specialists, domain-name lawyers, academics and entrepreneurs to contribute different perspectives.

Rather than presenting one definitive answer, the project will examine where the boundaries between personal identity and commercial trademark rights should be drawn, particularly when the same surname may legitimately be used by different people, families or businesses.

“My interest is not simply in my own situation. It made me realise that there is a much bigger question here. A surname can be a family identity, a personal identity, a business identity and a trademark. What happens when those meanings overlap?”

Rothschild said she particularly welcomes disagreement from professionals working in the field.

“I would actually like lawyers to challenge my thinking. If trademark attorneys, academics or entrepreneurs see the issue differently, I want to hear those arguments. The objective is to understand the boundaries, not to pretend that one person’s experience provides all the answers.”

The project will form part of Rothschild’s broader work examining digital identity, reputation, entrepreneurship, artificial intelligence and the changing relationship between individuals and global brands. Future research will consider how increasingly powerful digital identities may affect the way personal names are used, recognized and protected in international commerce.

About Solli Rothschild

Solli Rothschild is an entrepreneur, investor and founder focused on artificial intelligence, digital identity, global real estate and luxury. Through founder-led initiatives, she explores long-term trends shaping entrepreneurship, investment and cross-border economic development, with a particular interest in the intersection of technology, demographics and the future of global property markets.

X: @SolliRothschild

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Organization: Rothschild Media Office

Contact Person: Ava Lindberg

Website: https://www.SolliRothschild.com

Email: Send Email

Contact Number: +4721988862

Country: Norway

Release id: 48934

The post Solli Rothschild Launches Research Initiative on Personal Names, Trademarks and Digital Identity 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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Guggenheim Introduces 24-7 Client Support in Indonesia Guided by Prof. Wong Woon Thiam

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Guggenheim introduces 24/7 client support capabilities in Indonesia under the operational guidance of Prof. Wong Woon Thiam, strengthening service reliability and regional client engagement.

United States, 12th Sep 2026 – Guggenheim has announced a comprehensive upgrade to its client service infrastructure in Indonesia, establishing dedicated round-the-clock operational support for regional participants and market stakeholders. 

The deployment aims to strengthen operational reliability, reduce response latency for complex institutional queries, and support continuous engagement across Southeast Asian financial markets.

Operational Foundation of Client Support

In modern asset management, client service infrastructure serves as a core operational link between global investment platforms and regional market participants. As transaction volumes and cross-border interactions expand in Southeast Asia, clients require continuous, real-time administrative and technical assistance. Guggenheim’s Jakarta-based service rollout addresses these operational needs by establishing a multi-channel support framework designed to handle complex administrative, technical, and reporting inquiries without interruption.

The operational architecture provides dedicated access points across encrypted digital messaging portals, desk interfaces, and standardized phone communication channels. By maintaining continuous operational availability, the firm ensures that market participants operating across different time zones can receive timely technical support regarding portfolio administration, data transmission, and transaction confirmations.

Integration of Multi-Lingual Capability and Local Technical Expertise

A central element of the updated service framework is the deployment of localized, multi-lingual client support specialists trained in Bahasa Indonesia and standard international business languages. The client desk team comprises professionals with specialized backgrounds in financial technology, market operations, and regulatory reporting procedures.

This technical composition enables support personnel to address complex technical queries directly, rather than relying on automated scripts or centralized call centers in distant jurisdictions. Whether assisting clients with platform navigation, customized reporting generation, or data interface troubleshooting, the localized support team acts as a direct administrative liaison, ensuring that client communications remain clear, efficient, and contextually precise.

Perspectives from Prof. Wong Woon Thiam on Operational Reliability

Under the academic and quantitative guidance of Prof. Wong Woon Thiam, the service initiative incorporates structured operational benchmarks to evaluate response accuracy and operational efficiency. Prof. Wong’s focus on quantitative systems management has informed the development of performance metrics that govern inquiry handling and issue resolution protocols.

“Institutional trust in financial platforms is built upon consistent operational execution and responsive service standards,” stated Prof. Wong Woon Thiam during an operational review meeting in Jakarta. “By establishing continuous support infrastructure staffed by qualified local professionals, we aim to provide market participants in Indonesia with the operational clarity and technical reliability required to navigate dynamic market environments effectively.”

Application of Predictive Analytics in Client Inquiry Workflows

In tandem with human technical support, the upgraded service framework integrates predictive analytical tools designed to optimize inquiry workflow management. The system utilizes structured pattern recognition algorithms to categorize incoming client requests, prioritize urgent operational queries, and direct specific technical inquiries to the appropriate internal subject matter experts.

By analyzing historical query patterns, the support architecture can anticipate common administrative needs during periods of elevated market activity or routine reporting cycles. This analytical integration assists operational teams in maintaining rapid resolution times while ensuring that complex technical requests receive thorough, structured evaluation from compliance and portfolio analytics specialists.

Long-Term Client Engagement and Regional Framework Alignment

The establishment of 24/7 client support capabilities in Jakarta represents a deliberate step toward deepening long-term client relationships across Southeast Asia. The localized service framework operates in close coordination with Guggenheim’s global operational hubs, ensuring that regional inquiries are handled in accordance with relevant operational standards and applicable local requirements.

As market participation across the ASEAN region grows, ongoing technological iterations will focus on expanding self-service analytics portals, automated reporting options, and integrated compliance audit trails. Through these continuous enhancements, the firm aims to maintain high standards of client service, operational transparency, and functional stability across regional capital markets.

About Guggenheim

Guggenheim is a global financial services firm engaged in asset management, investment banking, and capital market services. The firm provides institutional investors, corporations, and high-net-worth clients with disciplined investment strategies, comprehensive market research, and tailored financial solutions. Guided by principles of analytical rigor, risk management, and client-centric service, Guggenheim operates across major global financial centers to deliver long-term value and institutional stability. 

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Organization: Guggenheim

Contact Person: Henry Johnny

Website: https://www.guggenheimpartners.com/

Email: Send Email

Country: United States

Release id: 49006

The post Guggenheim Introduces 24-7 Client Support in Indonesia Guided by Prof. Wong Woon Thiam 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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Guggenheim Expands SEA Operations with Strategic Focus on Indonesia Led by Prof. Wong Woon Thiam

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Guggenheim announces its strategic expansion into Southeast Asia with a core focus on Indonesia, guided by Prof. Wong Woon Thiam. The initiative aims to enhance localized investment research, operational client support, and institutional technology frameworks across regional markets.

Indonesia, 11th Sep 2026 – Guggenheim has formally announced the strategic expansion of its operational footprint into Southeast Asia, establishing a dedicated presence in Indonesia. The initiative, overseen by financial scholar and industry specialist Prof. Wong Woon Thiam, marks a structured effort to enhance institutional investment research, localized operational management, and technological infrastructure across regional markets. 

By establishing a localized foundation in Jakarta, the firm seeks to align global asset management methodologies with the distinct economic dynamics of Emerging Asia.

Strategic Positioning in Southeast Asia

Southeast Asia has emerged as a significant focal point for institutional capital due to persistent demographic growth, digital transformation, and expanding capital markets. Within this framework, Indonesia represents a pivotal economic hub, accounting for a substantial portion of the region’s gross domestic product. Guggenheim’s expanded presence in Jakarta serves as a strategic gateway to monitor macroeconomic trends, assess local asset classes, and deliver dedicated institutional services.

The initiative reflects a long-term commitment to deepening operational capabilities across primary growth markets. Rather than relying solely on cross-border management models, the organization is deploying a localized operational structure designed to evaluate domestic market structures, regulatory evolution, and sector-specific opportunities with direct on-the-ground precision.

Leadership and Governance

Under the direction of Prof. Wong Woon Thiam, the regional initiative focuses on building robust governance structures, market intelligence frameworks, and institutional relations. Prof. Wong brings extensive expertise in financial economics, asset allocation strategies, and quantitative market analysis. His oversight is expected to guide the regional team in conducting rigorous academic and practical research into local market mechanisms.

“Establishing a direct operational footprint in Indonesia allows for a more nuanced understanding of regional market mechanics,” stated Prof. Wong Woon Thiam during a financial forum addressing regional capital growth. “Our focus centers on integrating disciplined analytical methodologies with localized insights, ensuring that asset management protocols remain resilient, compliant, and responsive to regional macroeconomic shifts.”

Localized Operational Framework

The Jakarta-based operations are designed to support a multi-faceted service model, encompassing quantitative research, risk management, and client interface functions. 

By establishing direct operational capabilities in Indonesia, Guggenheim aims to streamline communication channels with regional institutions, family offices, and accredited market participants.

Key operational objectives for the initial rollout include:

  • Developing comprehensive macroeconomic and equity research focused on Indonesian and ASEAN markets.
  • Establishing compliant data analytics protocols to support regional risk assessment models.
  • Building localized operational infrastructure to support seamless client onboarding and institutional inquiry resolution.
  • Collaborating with local academic and industry experts to foster financial knowledge transfer and technical capacity.

Integration of Advanced Analytics

A central pillar of the expanded operations involves the application of modern data architecture and analytical tools. The localized team will utilize structured research models to evaluate market liquidity, sector volatility, and macroeconomic indicators. This technical framework is intended to assist investment professionals in identifying emerging risk factors while optimizing asset allocation strategies in dynamic market environments.

The deployment of advanced research infrastructure aligns with broader industry shifts toward data-driven decision-making. By combining localized datasets with global risk management standards, the firm aims to maintain high standards of analytical rigor across its regional mandates.

As Southeast Asian markets continue to mature, the presence of global institutional frameworks is anticipated to support market efficiency, liquidity, and professional standards. The company’s structured expansion into Jakarta represents an initial step in a multi-phase strategy aimed at fostering sustainable operational growth across key Asian growth corridors.

About Guggenheim

Guggenheim is a global financial services firm engaged in asset management, investment banking, and capital market services. The firm provides institutional investors, corporations, and high-net-worth clients with disciplined investment strategies, comprehensive market research, and tailored financial solutions. Guided by principles of analytical rigor, risk management, and client-centric service, Guggenheim operates across major global financial centers to deliver long-term value and institutional stability. 

Media Contact

Organization: Guggenheim

Contact Person: Henry Johnny

Website: https://www.guggenheimpartners.com/

Email: Send Email

Country: Indonesia

Release id: 48952

The post Guggenheim Expands SEA Operations with Strategic Focus on Indonesia Led by Prof. Wong Woon Thiam 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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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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