As in many economic fields, also in the ecology blockchain aims to create transparent and traceable operations. Blockchain can be used to track and verify transactions, without the need for a centralized intermediary. This makes it particularly suitable for solar energy, which is produced in a decentralized way by solar panels installed on the roofs and land of private citizens. Many experiments in the world want to prove that energetic communities can be an everyday reality. Maybe with blockchain everything can be simplify.

Solar energy with photovoltaic (PV) converts sunlight directly into electricity, while solar thermal uses sunlight for heating purposes. Both forms have their unique advantages and applications and provide future society with clean energy sources.

"Blockchain technology - reported Gree.org - is a decentralized and transparent digital ledger. It uses cryptographic algorithms and consensus mechanisms to verify and record transactions. Smart contracts, enable automated and self-executing agreements without the need for intermediaries.

Indeed, one of the main advantages of blockchain for solar energy is the possibility of creating a peer-to-peer market for energy exchange between producers and consumers. Currently, solar energy produced by photovoltaic panels is sold to the electricity grid at fixed prices, which often do not reflect the real value of the energy based on supply and demand.

The advantages

Blockchain technology offers many advantages in the solar energy sector by improving transparency, efficiency, and security of energy transactions. Here is a detailed analysis of how this technology can be applied:

  1. Tracking the Origin of Solar Energy:
    • Blockchain allows the creation of an immutable record of energy transactions. This record can document the entire production and distribution chain of solar energy, ensuring that the energy purchased by consumers indeed comes from renewable sources.
    • This is particularly important for consumers and businesses aiming to reduce their environmental footprint and support clean energy. With a blockchain-based system, it is easy to verify the origin of energy and ensure it has been produced sustainably.
  2. Smart Contracts for Energy Exchange:
    • Smart contracts are self-executing programs with the terms of the agreement written into the code. In the context of solar energy, they can automate the process of energy exchange between producers and consumers.
    • For example, a smart contract could be configured to automatically purchase solar energy from a producer when the price of energy on the electrical grid exceeds a certain level. This ensures that producers receive a fair and stable price for their energy, improving market efficiency.
  3. Creating a More Resilient and Secure Energy Network:
    • Traditional energy grids are often centralized and vulnerable to cyberattacks and service interruptions. Blockchain enables the creation of a decentralized network of energy microgrids.
    • These microgrids can operate autonomously, enhancing the overall resilience of the network. In the event of a large-scale interruption, the microgrids can continue to function independently, ensuring a continuous energy supply.
    • Additionally, the inherent decentralization and transparency of blockchain reduce the risk of fraud and manipulation. Each transaction is immutably recorded and can be easily verified, increasing trust in the energy system.

In summary, implementing blockchain in the solar energy sector not only improves the traceability and reliability of energy but also promotes the automation and security of energy transactions, contributing to a more sustainable and robust energy market.

Case studies

Green.org underlines some case study in real world, witnessing several examples which demonstrate the successful integration of solar energy and blockchain technology. One example is the Brooklyn Microgrid project in New York. This project utilizes blockchain to enable peer-to-peer energy trading among residents, creating a self-sufficient and sustainable community.

Another example is the Energo project in Thailand. It combines blockchain technology with solar energy to provide affordable and reliable electricity to rural communities. This initiative empowers local residents and reduces energy poverty through decentralized energy generation and distribution.

SOURCE: Green.org

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Address poisoning is a type of attack aimed at holders of cryptocurrencies. It's a kind of attack where someone watches a blockchain for transactions, then sends a small amount of crypto to an address that looks very similar to the original one.

Address poisoning can indeed be a significant concern in the crypto space. It's a form of phishing attack where attackers try to trick users into sending funds to a fraudulent address by creating one that looks very similar to a legitimate one. This is often done by making slight modifications to the characters or using visually similar characters.

For example, they might change a lowercase "L" to an uppercase "i" or add an extra character that's hard to notice at a glance. Unsuspecting users might not notice the difference and end up sending their funds to the attacker's address instead of the intended recipient.

To mitigate the risk of falling victim to address poisoning, users should always double-check the addresses they are sending funds to, preferably by using copy-and-paste rather than typing them manually. Additionally, using hardware wallets or wallets with built-in address verification mechanisms can provide an extra layer of security. It's also essential for crypto users to stay informed about common phishing tactics and remain vigilant when conducting transactions.

How to protect yourself from "Address Poisoning":

Address poisoning is quite a tricky issue in the crypto space. This attack involves the creation of a crypto address that looks like the original one by attackers, with the aim of deceiving the owner of the original address, inducing him to make a transaction to the wrong address.
Address poisoning takes advantage of the fact that many cryptocurrency transactions and wallets have long strings of characters that are difficult to verify at a glance.
In fact, attackers changes only a few characters in the middle. The goal is to deceive the user, pushing him to send funds to the wrong address during copy and paste.

Pratice advices to protect yourself from Address Poisoning

To protect your wallet from Address Poisoning there are several good practices to follow:

Final Considerations


By taking proactive measures to protect your transactions and informing yourself in advance about potential risks, you can significantly reduce the risk of falling victim to such attacks. By adopting these proactive measures and staying vigilant, individuals can better safeguard their crypto transactions against address poisoning and other malicious activities.

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More than a year and a half after the FTX exchange's bankruptcy a new proposal to repay victims of the 2022 crash, was unveiled. FTX now promises to refund all creditors and says the plan is "subject to finalization and approval" by the U.S. Bankruptcy Court for the District of Delaware. Some experts say that may not be enough.

FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors recover 118% of their claims - in cash - within 60 days of court approval, according to new documents filed Tuesday evening, shared also by Coindesk.
FTX's available assets would now be between 14 and 16.3 billion dollars, thanks to the intense fund recovery activity through the liquidation of collateral (and non-collateral) assets of the company.
Only creditors who hold claims of less than $50,000 will be entitled to the 118% recovery.

According to FTX's plan, other non-government creditors will recover 100% of their claims plus interest of up to 9% to compensate them “for the time value of their investments.” The deal is still subject to approval by the Delaware bankruptcy court overseeing the bankruptcy case. The proposed payments are higher than previous estimates from FTX Assets, which in October said it expected to repay only 90% of client funds.

From the creditors side, the conditions are not so positive. Wired reported that "some creditors of the bankrupt crypto exchange FTX are preparing to reject a plan that would see them recover 118 percent of the money they lost. The proposal is far less generous than it might seem, they claim".

SOURCE: Coindesk, Wired

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Talking practically, when we use AI is a matter of fact that we

Laura Rosell is an academic copy editor. She works with professional writing and she wrote an article discussing the "dark side" of AI and the risks connected to a limitless use of AI "writing assistants". That’s the focus of Ilaria Vanni’s latest interview about the consequences of the use of AI. “You don't know what you don't know”. That’s the big danger, according to Rosell, when the use of AI is not made by someone who’s not skilled enough to write. If you can't even fix a spelling mistake or put a period in the right place, you probably would benefit a lot from professional help with your writing”, Rosell said.

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Binance founder has been sentenced for 4 months in prison. The cryptocurrency trading platform created in 2017 by Changpeng Zhao said to be ready to cover at all costs.

Binance founder Changpeng Zhao was sentenced to four months in prison for putting profits before the law. The company was found guilty of unintentionally helping to finance several criminal activities around the world. Zhao, who is 47 and has a personal fortune of nearly $40 billion, pleaded guilty on the last day of April and will now have to spend several months in prison in the United States, as well as pay large fines.

"The sentence, handed down in a US federal court in Seattle, is far lighter than the three years prosecutors had argued for" - CNN journalist Allison Morrow says

“Words cannot explain how deeply I regret my choices that result in me being before the Court,” he said in a letter to the judge. “Rest assured that it will never happen again.”

CNN also reported that Binance agreed to pay more than $4 billion in fines and other penalties as part of a coordinate settlement with the federal government last fall. The company admitted to engaging in anti-money laundering activities, unlicensed money transmitting and sanctions violations.

Zhao according to Bloomberg, agreed to step down as CEO and pay $200 million in fines.

SOURCE: Binance.com, CNN News

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The cryptocurrencies economical revolution redefines the frontiers of the global market, with unprecedented challenges and opportunities. The regulation of this emerging sector represents an ideological and practical battleground, with various governments and international bodies trying to find a balance between safeguarding financial stability, protecting consumers and supporting innovation. Some nations have adopted a rigorous stance, introducing restrictive measures to mitigate potential risks. Others like Singapore and Switzerland have stood out for their open and inspiring regulatory frameworks, becoming hubs for blockchain-based businesses and positively influencing the global digital economy. International cooperation will be crucial in the fight against money laundering and terrorist financing which are the most dangerous risks of this new exchange system.

By 2030, blockchain is expected to generate one million new open source software engineering jobs. The most in-demand blockchain careers for 2024 include developers, project managers, solution architects, UX/UI designers, quality assurance engineers and data analysts.

Blockchain related jobs

Blockchain-related job opportunities are constantly evolving thanks to the growing adoption and diversification of blockchain technology applications across various industries. Here are some of the new job opportunities that may emerge:


These are just some of the new job opportunities connected to blockchain. Blockchain technology is still evolving, and there are many more possibilities that could emerge as the technology continues to mature and be adopted into new industries.

Cryptocurrencies related jobs

Cryptocurrencies have given rise to a wide range of new jobs and professional opportunities. Here are some examples:

These are just a few examples of jobs created by cryptocurrencies, but the landscape is constantly evolving as technology advances and cryptocurrencies become increasingly adopted across different industries and sectors.

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Bounds and links are a fundamental law in everything, as mother nature teaches us everyday. But most of the time in life and market fields we prefer dealing with competitors or, worse, we call them enemies. None of the above for Mark Zukerberg. We talk about an important collaboration between Disney and Epic Games and now there's another one behind the corner, or we have to say "on the horizon". In fact, Meta CEO recently announced that it will open up its Quest 3 OS to third-party companies, allowing other manufacturers to build their own mixed reality headsets based on its software. This is a move that will probably influence the virtual and augmented reality sector, also due to the fact that there are already important companies that have embraced Quest OS, specially renamed Meta Horizon OS.

The operation

The call for the other companies includes at the moment ASUS' Republic of Gamers (ROG) brand, which is working on a new "performance gaming" headset, Xbox and Lenovo which is developing devices for "productivity, learning and entertainment". Zuckerberg revealed this operation in a short video, that you can watch in an interesting post by Arun Prasath S, an important entrepreneur. Meta also states that it is working on a limited edition Xbox-inspired Quest headset. In this regard, it is worth mentioning that Microsoft and Meta recently collaborated to bring Xbox cloud gaming to Quest. Meta is also calling on Google to bring the 2D Play Store to Meta Horizon OS and adds that it will make software developed through Quest App Lab available in the Horizon Store. Finally, Meta is developing a new framework to allow mobile developers to create mixed reality apps. This strategy should help bring more content into the Meta Horizon OS ecosystem which could become a sort of Android for mixed reality.

In the official communication Meta said:

"Meta Horizon OS is the result of a decade of work at Meta to build a next-generation computing platform. To pioneer standalone headsets, we developed technologies like inside-out-tracking and self-tracked controllers. To allow for more natural interaction systems and social presence, we pioneered hand, eye, face and body tracking. And for mixed reality, we built a full stack of technologies for blending the digital and physical worlds, including high-resolution Passthrough, Scene Understanding and Spatial Anchors. This long-term investment that began on the mobile-first foundations of the Android Open Source Project has produced a full mixed reality operating system used by millions of people. 

Developers and creators can take advantage of all these technologies to create mixed reality experiences. And they can reach their audiences and grow their businesses through the content discovery and monetization platforms built into Meta Horizon OS, including the Meta Quest Store, which we’ll rename the Meta Horizon Store".

Someone said this is the "resurrection of metaverse", we prefer to say that collaborations always bring important revolution. Maybe this is the new path for the metaverse to become part of our everyday life.

SOURCE: Meta

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Bitcoin is ready to open another chapter. For the most popular cryptocurrency, born in 2009 from the idea of ​​a programmer who calls himself Satoshi Nakamoto is coming a new important revolution: the fourth halving. The halving established by the four-year cycle of the asset will inevitably change its acquisition and use methods. In fact, a halving of daily emissions is expected: 6.25 Bitcoins will no longer be created for each block of transactions, but 3.125. With very important consequences.

The halving involves a decrease in the creation of Bitcoin, which from today goes from 900 to 450. The cryptocurrency therefore becomes increasingly scarce, in other words it can be said it will become "a more scarse than gold", said SkyTg 24.

Scenario

The price of Bitcoin now stands at around $64,500, close to the record recorded in November 2021, before the new peak reached last month, triggered precisely by the wait for the halving appointment . The halving will inevitably define new balances, especially in the medium and long term. As always, we encourage you to weigh every decision, not based solely on short-term forecasts. Looking back, after each Halving we have witnessed an impressive growth in the value of bitcoin.

SOURCE: SKYTG24

IMAGE CREDITS: André François McKenzie

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Deputy Treasury Secretary Wally Adeyemo recently discussed the use of cryptocurrency and digital assets by terrorist groups. Adeyemo aims at struggling against crypto crime by creating a stable regulatory environment . Before the Senate Banking Committee Adeyemo said:

“As we take steps to cut terrorist groups and other malign actors off from the traditional financial system, we are concerned about the ways these actors are using cryptocurrencies to try and circumvent our sanctions. For example, five years ago, al-Qaeda and affiliated terrorist groups, largely based out of Syria, operated a Bitcoin money laundering network using social media platforms to solicit cryptocurrency donations. After receiving virtual currency, they laundered the proceeds through various online gift card exchanges to be able to purchase what they needed to advance their violent agenda.”

Adeyemo proposals

Us Deputy proposals include secondary sanctions aimed at foreign providers of digital assets involved in illicit financing, extraterritorial jurisdiction to pursue companies undermining national security, and the introduction of a new secondary sanctions tool. These measures aim to enhance authorities' ability to combat financial crimes in the cryptocurrency sphere and address the increasing use of digital assets for illegal funding.

The first proposal's goal is to prevent these suppliers from facilitating illegal activities and cut off their access to the international banking system. By increasing the accountability of digital asset platforms and service providers, this policy aims to make it more challenging for individuals to exploit cryptocurrencies for unlawful purposes.

Adeyemo's second proposal calls for extending jurisdiction beyond national borders in cases where companies using digital assets to undermine national security are abusing the financial system. This expansion would enable US law enforcement to pursue and punish foreign criminals utilizing cryptocurrencies for illegal activities, regardless of their location. The intention is to ensure that entities and individuals involved in illicit financing cannot evade accountability by exploiting the global nature of digital assets, thereby reducing jurisdictional gaps.

These proposed reforms reflect a concerted effort by the US Treasury Department to bolster enforcement mechanisms against the misuse of cryptocurrencies for criminal purposes. By targeting both foreign providers and those abusing digital assets to undermine national security, the aim is to create a more robust regulatory framework to combat financial crimes in the cryptocurrency space.

SOURCES: CNBC, Blockchain News

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