ITSI

Behind Blockchain: How it Works and its Use Beyond Bitcoin

Over the past five years, blockchain has become a household term. Popularized by its use in cryptocurrencies such as Bitcoin, blockchain technology will soon revolutionize the finance industry. However, its functions and ability to permanently record exchanges of information can be applied to other industries, changing how individuals, companies, and governments interact with one another.  …

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The Electric Vehicle revolution will be only as strong as the weakest link

Launched this week, the UK’s new transport decarbonisation plan is designed to cut pollution in the transport sector, with the aim to reach zero carbon emissions by 2050. One measure included in the scheme is the new “ZEV mandate”, which requires of British carmakers that a minimum proportion of the cars they produce be electric. …

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In seeking a Green Recovery from the pandemic we should set realistic expectations

Last year, likely for the first time in living memory, global energy demand fell compared to the previous year. In 2020, as flights were grounded, factories temporarily closed and commuters consigned to their homes, global energy demand is estimated to have declined by 4%. Only one part of global electricity markets continued to grow. According …

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The Next Revolution in Urbanisation will come from Sustainable Smart Cities

Smart cities no longer belong to science fiction. Fuelled by the rise of emerging technologies, especially artificial intelligence and the Internet of Things (IoT), many are presently under development. Governments are investing in cloud-based Information and Communication Technologies (ICT) to transform everyday elements of urban life into next-generation intelligent systems. The next revolution of urban …

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Bitcoin needs smart regulation

The question of how Bitcoin should be regulated depends on a broader and more important question, namely that of whether or not Bitcoin is fundamentally good – for society, for the economy, and for the environment. In recent weeks attention has been focused squarely on the latter question, following Elon Musk’s decision to discontinue Bitcoin …

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