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Tag Archives: Reduce

IKEA Will Reduce 80% of Gas Emissions from Its Stores by 2030, Approved by SBTi

IKEA, the world’s largest furniture retail company based in Sweden which focuses on selling ready-to-assemble furniture and home accessories, has had the Science-Based Targets Initiative (SBTi) approve its plans to reduce greenhouse gas (GHG) emissions from its stores and other operations by 80 percent by 2030. Unrealistic Targets Are Difficult to Back up Scientifically Large conglomerates often resort to environmental ...

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if Implemented Right, Blockchain Will Dramatically Reduce Costs for Banks

Blockchain technology has the potential to revolutionize transaction banking according to a study by major global management consultancy firm Bain & Company, Cointelegraph auf Deutsch reports today, June 14. According to Bain, “transaction banking revenues tend to be less volatile than other types of banking revenues, and bankers can cross-sell products, which is critical for client loyalty.” Bain concludes in ...

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Blockchain Will Reduce Dominance of Tech Giants Over Consumers’ Daily Lives

Blockchain technology can transform many business models known today. Distributed ledgers are making vast inroads among various sectors and industries. Especially in the technology industry, powerhouses such as Google, Facebook and Amazon may be on the brink of losing their dominant position. Tech Companies Embrace Blockchain For most technology firms, innovative technologies are always worth checking out. This also means ...

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A Startup Uses Bitcoin to Reduce Friction of Doing Business in Africa

Bitcoin can make a positive impact on the financial industry. This is especially true when it comes to regions where financial hardship has become the new normal. Companies such as BitPesa try to disrupt the negative financial cycle in Africa by introducing Bitcoin-based solutions. Africa Needs Cryptocurrency Fighting financial hardship in Africa is no easy feat. Money is difficult to ...

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Company to Open Mining Centers in Unused Buildings Across Swiss Alps to Reduce Energy Costs

A company believes it has found a way to reduce the impact that blockchain-driven businesses and mining for cryptocurrencies have on the environment: open specialist facilities in the Swiss Alps. According to Swiss Alps Energy AG – or SAE for short – the energy-intensive nature of mining is one of the biggest issues facing the blockchain community today. Meanwhile, thousands ...

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Samsung Eyes Blockchain Technology to Reduce Supply Chain Overhead Costs

Blockchain technology is making inroads in many different industries. Samsung, a global technology leader, is now keeping a close eye on this technology. The company plans to incorporate distributed ledgers to manage its global supply network. Samsung also shows a keen interest in manufacturing cryptocurrency mining equipment. The Impact of Blockchain Technology Cryptocurrencies have introduced the world to how blockchain ...

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CNET’s Halsey Minor Utilizes Unused Computing Energy and Blockchain Tech to Reduce Video Broadcasting Costs – The Merkle

Producing and distributing video is anything but cheap. As blockchain technology is hailed as the go-to solution for a host of today’s technological problems, decentralization mania couldn’t have come at a better time for video. Why? Because the enormous amount of energy required to store, compute, encode, network and stream video is massive. Halsey Minor, the CEO of the VideoCoin Network, has ...

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