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Over the last several years, non-fungible tokens NFTs and cryptocurrencies have exploded in popularity. While the mining of digital currencies such as Bitcoin started in , trading activity on platforms like Coinbase and mainstream sales of NFTs have risen significantly during the pandemic. However, as NFTs and cryptocurrencies grow in daily use, trade, and adoption, so do their significant energy usage, environmental impact, and overall sustainability. Both Bitcoin and NFTs rely on blockchain technology — decentralized public digital ledgers — that is constantly recorded and updated on millions of specially built computers that maintain the network.

New Bitcoins and other cryptocurrencies are also minted after the purpose-built computers solve increasingly complex math puzzles known as "hashing algorithms. Most of this energy comes from fossil fuel sources in places offering cheap prices. And while digital currencies only make up a fraction of global transactions, their energy consumption has already become a serious concern of financial regulators , energy providers, and government agencies. A new report from Bloomberg estimates the machines that mine Bitcoin located around the world consume about as much power as all of Bangladesh, a country of more than million people.

The Cambridge Bitcoin Electricity Consumption Index estimates cryptocurrency uses more energy than entire nations like Sweden and Malaysia. China's dominance in crypto mining The location of mining facilities is also a huge consideration. He has been working in Distributed Ledger Technology for several years. Leemon has a PhD from Carnegie Mellon and has served as a professor, a research scientist and started two startups that were acquired.

Joshua L. Boehm Associate Attorney, Perkins Cole LLP Josh guides innovative companies through the complex regulatory issues associated with designing new products, particularly in fintech. He has helped clients launch cutting-edge platforms powered by blockchain tokens and issue blockchain-based securities.

Previously he received degrees from the University of Zurich and Stanford. His research focuses on designing cryptographic protocols using the blockchain. Jordan is also the co-chair of the Smart Contracts Alliance and well-known member of the cryptocurrency community. Jordan has reviewed over altcoins and identified multiple exploits in coins.

Neil Gandal Professor of Economics, Tel Aviv University Professor Gandal has published numerous empirical papers in the economics of information technology, the economics of the software and internet industries, and the economics of cybersecurity. He has a 20 year career in cryptography and security. His research focuses on verifiable computation, threshold and proactive security and distributed cryptographic protocols. His research focuses on applied cryptography and decentralized systems. Bryan Ford.

His research lies in-between computer systems, computer security and applied cryptography. He is particularly interested in decentralised trust systems. His research interests include multiagent systems, machine learning, and algorithmic game theory. He is also the co-Founder of BSafe.

Cofounder of ERGO - the upcoming blockchain platform. His interests are cryptography, zero knowledge, pseudo-random generation, secure protocols, mechanism design, and distributed ledgers.

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