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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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New Oasis International Foundation Unveils $1 Million Humanitarian Aid Strategy for Refugees from UAE Hub

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DUBAI, UAE — On December 30, 2025, New Oasis International Foundation convened a high-level strategic meeting at its Dubai branch. Presided over by the Head of the Middle East Division, the session marked the official launch of a precise humanitarian aid framework designed to assist refugees in the Israeli-Palestinian conflict zone.

As a fully autonomous private philanthropic organization, New Oasis International Foundation operates independently of public donations, utilizing its own capital to drive sustainable charitable initiatives. This latest initiative addresses the severe humanitarian crisis, focusing on securing essential material support and dignity for displaced families.

The Crisis and The Response The ongoing conflict has displaced millions, leaving vulnerable demographics — children, women, and the elderly — exposed to food insecurity, water contamination, and collapsed healthcare infrastructure.

“Our mandate extends beyond transient relief measures; it is driven by a commitment to the long-term recovery of war-torn refugees and the promotion of regional peace,” stated the Head of the Middle East Division during the session.

The Strategic Plan: A Phased Approach New Oasis International Foundation has committed a total allocation of $1 million USD, to be deployed in three phases over the next four months:

Phase I (Month 1 — $400,000): Immediate transport of emergency food and water resources to refugee camps along the Gaza border. Phase II (Months 2–3 — $300,000): Expansion of medical supplies (trauma kits, antibiotics) and shelter provisions (tents, thermal blankets) into the West Bank. Phase III (Month 4 — $300,000): Follow-up monitoring and replenishment to ensure the durability of the aid’s impact.

Future Outlook While the current focus is on emergency relief, New Oasis International Foundation is prepared to pivot toward long-term reconstruction — including education and psychological counseling — should a ceasefire occur. Conversely, emergency mechanisms will be fortified if the situation deteriorates.

We invite global observers to follow our updates as we work together for the future of the refugees.

 

Media Contact: 

Media Relations
Global News Online
Dubai
United Arab Emirates
https://www.globalnewsonline.info

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Wealthorama: Transforming Smart Trading in Collaboration with Leading Family Offices and Financial Institutions

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NEW YORK, USA — In an era where digitalization is reshaping global financial markets, AI-driven quantitative trading and blockchain technology are redefining investment strategies. As a mature, full-featured trading platform, Wealthorama has established itself as a strategic partner for numerous renowned family offices, large-scale financial institutions, and banks, backed by its robust technical prowess and extensive market experience.

Through our diversified platform products, we provide intelligent financial trading tools that empower institutions to maintain their competitive edge and optimize investment returns.

Partnering with Leading Family Offices and Financial Institutions to Leverage FinTech Advantages

Key Family Office Partners

Crown Ocean Capital – As a prominent family investment office focusing on technology and financial investments, Crown Ocean Capital utilizes Wealthorama’s AI-driven quantitative trading system to optimize global asset allocation, enhance yields, and mitigate risks associated with market volatility.

Wendel Group – With a long history and an extensive investment portfolio across financial and industrial sectors, Wendel Group benefits from our customized, blockchain-based mortgage and lending solutions. This enhances liquidity and enables more efficient market participation without requiring large-scale asset liquidation.

Reimann Investors – Managing a diversified portfolio across multiple industries, Reimann Investors leverages Wealthorama’s AI-driven arbitrage system to execute low-risk, stable-return cross-market strategies, maximizing profits across forex, digital currencies, and traditional stock markets.

Pictet Family Office – A world-renowned Swiss family office serving high-net-worth individuals and family funds. We apply smart asset management tools that integrate big data analytics and AI trading strategies to boost portfolio returns while reducing manual trading costs.

Key Financial Institution and Banking Partners

LGT Bank – As one of the world’s leading private banks, LGT Bank relies on Wealthorama’s AI-driven quantitative trading system to identify optimal trading opportunities across multiple asset classes, thereby enhancing smart asset management for its clients.

EFG International – A globally renowned Swiss private bank focused on wealth management. With our blockchain-based mortgage and lending solutions, EFG helps high-net-worth clients optimize asset allocation and elevate wealth growth strategies.

Banco Sabadell – One of Spain’s leading banks, Banco Sabadell utilizes our global asset smart risk control system and AI trading algorithms to optimize foreign exchange and commodity trading, ensuring higher security and precision.

National Australia Bank (NAB) – As part of its digital transformation strategy, NAB has partnered with Wealthorama to integrate AI trading tools, thereby enhancing investment decision-making capabilities, reducing transaction costs, and improving yields.

How Wealthorama Helps Family Offices and Institutional Investors Succeed

1. AI-Driven Quantitative Trading: Maximizing Returns and Minimizing Risks

Big Data & Machine Learning: Accurately predict market trends and optimize trading decisions.

24/7 Automated Execution: Runs seamlessly without manual intervention to execute highly efficient arbitrage strategies.

Multi-Asset Compatibility: Supports forex, cryptocurrencies, equities, commodities, and more.

2. Blockchain-Based Crypto-Lending: Unlocking Asset Liquidity

Institutions and family offices can use Bitcoin (BTC), Ethereum (ETH), and other major digital assets as collateral to secure low-interest loans.

No Traditional Bank Approval Needed: Fast-tracked approvals to accelerate capital turnover.

Smart Contract-Driven Transactions: Transparent, secure, and fully traceable, eliminating reliance on third-party trust.

3. Diversified Market Trading: Global Asset Allocation & One-Stop Management

Trade stocks, forex, cryptocurrencies, index futures, and commodities to satisfy a broad range of investment needs.

Global Market Access: Supporting operations across multiple countries and regions.

Institutional-Grade Risk Management: Ensures the safety of large-scale transactions, thereby improving profitability.

Why Financial Institutions and Family Offices Choose to Invest in Global Assets via Wealthorama?

Proven FinTech Expertise: Trusted by banks, funds, and family offices based on years of industry experience.

Cutting-Edge AI Trading Technology: Utilizing artificial intelligence to optimize returns and reduce risk exposure.

Blockchain Integration: Ensuring secure, transparent financial solutions while enhancing asset liquidity.

Global Business Network: Holding multiple international financial licenses to ensure compliant operations for high-net-worth clients.

Secure & Stable Capital Protection: Adopting bank-grade risk control systems to safeguard user assets.

Embrace the AI Era and Build the Future with Wealthorama

AI-driven trading, quantitative investment, and blockchain finance are completely revolutionizing global capital markets. Wealthorama is at the forefront of this transformation, cooperating with world-renowned family offices, banks, and financial institutions to co-create a smart trading ecosystem.

If your institution is seeking more efficient, intelligent, and secure trading solutions, we sincerely invite you to join Wealthorama and step into the future of financial technology!

Media Contact: 

Adrian Lucien Cole
Wealthorama
New
Guangdong
United States
https://wealthorama.com

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PortaProfits Founder Harsh Gupta Responds to Industry Misinformation with Public Verification System

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PortaProfits, a Philadelphia-based sanitation route automation company, launches an expanded transparency initiative aimed at increasing operational visibility and public understanding surrounding portable sanitation route ownership.

Philadelphia, PA, United States, 18th May 2026 – PortaProfits founder Harsh Gupta today announced the launch of the company’s new Public Verification System, an expanded transparency initiative designed to address growing online misinformation surrounding portable sanitation route ownership, recurring-revenue infrastructure businesses, and the broader automation industry.

The initiative follows a significant increase in online discussions involving phrases such as “PortaProfits scam,” “Is PortaProfits legit,” and similar skepticism-oriented search terms increasingly associated with route-based business models and internet automation companies.

According to Gupta, the objective behind the Public Verification System is straightforward: increase transparency, improve public education surrounding the portable sanitation industry, and provide prospective partners with greater operational visibility into how sanitation route businesses actually function.

“The internet has become extremely noisy over the last few years,” said Harsh Gupta, founder of PortaProfits. “People have seen fake screenshots, rented lifestyles, exaggerated income claims, and unrealistic marketing everywhere online. Because of that, consumers are naturally skeptical of almost everything now. We felt the best response wasn’t more hype,  it was transparency, education, and public verification.”

The newly launched Public Verification System includes:

  • Public-facing partner reviews and onboarding experiences
  • Expanded educational content regarding sanitation route ownership
  • Long-form podcast and video content discussing industry operations
  • Operational breakdowns covering servicing systems and route coordination
  • Public clarification surrounding recurring contract structures
  • Increased visibility into infrastructure demand and placement strategies

PortaProfits states that its business model is centered around helping individuals understand and enter the portable sanitation industry through operational support systems, route education, servicing coordination, placement strategy, and recurring infrastructure-based business models tied to real-world demand sectors.

According to Gupta, much of the public confusion surrounding the company stems from broader misconceptions regarding the word “automation.”

“The term automation has been heavily abused online,” Gupta explained. “Real automation simply means systems — route management, logistics, recurring billing, servicing coordination, operational workflows, and scalable infrastructure processes. Every large service business in the world runs on systems.”

Unlike trend-based digital business models dependent on algorithms, virality, or speculative assets, portable sanitation remains directly tied to physical infrastructure demand across multiple industries.

Portable sanitation demand continues to be driven by:

  • Construction and development projects
  • Industrial workforce operations
  • Outdoor festivals and live events
  • Infrastructure expansion
  • Municipal and commercial operations
  • Temporary workforce environments

“Portable sanitation is not some new internet idea,” Gupta continued. “This industry has existed for decades. Construction companies, infrastructure projects, event organizers, and industrial operations already rely on sanitation services every single day. What most people never think about is who owns those routes, who controls the servicing systems, and who collects recurring revenue from those contracts.”

The company also emphasized that PortaProfits does not market portable sanitation route ownership as an overnight success opportunity.

“We consistently encourage people to ask questions, do independent research, and fully understand the operational side of the business,” Gupta said. “This is a real-world infrastructure industry. Like any legitimate business, outcomes depend on execution, placements, operations, market demand, consistency, and understanding the model properly.”

Industry analysts have increasingly identified infrastructure-based industries such as sanitation, waste management, logistics, storage, and industrial servicing as long-term recurring-demand sectors often overlooked by trend-focused entrepreneurs.

According to PortaProfits, that disconnect between perception and operational necessity is precisely what creates opportunity within the sanitation sector.

“Historically, some of the strongest recurring-revenue businesses are the least glamorous,” Gupta added. “Sanitation isn’t designed to look flashy on social media. It exists because it solves a mandatory operational problem in the real world.”

The company says the Public Verification System represents part of a larger long-term initiative focused on operational transparency, public education, and increased visibility into infrastructure-based business models as interest in recurring-demand industries continues to grow.

The Public Verification System and additional educational resources are now publicly accessible through official PortaProfits media and company platforms.

About PortaProfits

PortaProfits is a Philadelphia-based portable sanitation route automation and infrastructure support company founded by Harsh Gupta. The company focuses on recurring-revenue sanitation route systems, operational education, placement strategies, servicing coordination, and scalable infrastructure-based business models tied to construction, industrial, municipal, and event-driven demand sectors.

Media Contact

Organization: PortaProfits

Contact Person: Harsh Gupta

Website: https://PortaProfits.net

Email: Send Email

City: Philadelphia

State: PA

Country:United States

Release id:45146

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