Cryptocurrencies have gained significant attention in recent years, creating both excitement and skepticism within the financial world. As these digital forms of currency continue to gain traction, the challenges of integrating them into existing financial systems become increasingly apparent. In order to fully understand these challenges, it is necessary to examine the basics of cryptocurrencies and the structure of traditional financial systems. Understanding Cryptocurrencies and Financial Systems Before delving into the challenges, it is crucial to have a grasp of the fundamentals of cryptocurrencies and financial systems. Cryptocurrencies, such as Bitcoin and Ethereum, operate on blockchain technology, a decentralized ledger…
Author: Rhys Gregory
In recent years, the world has witnessed a digital revolution in finance, with cryptocurrency emerging as a prominent player in this transformative landscape. Cryptocurrencies like Bitcoin, Ethereum, and Ripple have gained widespread attention, captivating both investors and enthusiasts alike. While these cryptocurrencies have various use cases, one of the most fundamental aspects of their existence is their role as transactional currencies. In this exploration, we delve into the intricacies of transaction cryptocurrencies, shedding light on their significance in the realm of digital finance. II. Cryptocurrency: A Brief Overview Cryptocurrency, as the name suggests, is a form of digital or virtual…
Popular Swansea pub, The Dunvant, on Dunvant Road, has now reopened to the public following an exciting six-figure renovation designed to revitalise the existing site and give it a brand-new look and feel. The Dunvant closed its doors at the beginning of September and has now reopened as a Greene King pub, following completion of major works both inside and out, reaffirming the popular Swansea pub as a central community space. The inside of the pub has received a complete makeover to rejuvenate the pub and create a modern, welcoming atmosphere. Attractive new décor and new cosy furnishings create a modernised, vibrant…
Entries are now open for the Principality Cardiff Half Marathon 2024 and runners are encouraged to sign up quickly to avoid disappointment. All 5,000 discounted early bird entries were snapped up by keen pre-registrants in just a matter of hours this morning, meaning the race is now on to secure a spot for 2024. The 21st edition of the event will take place on Sunday 6 October next year and Run 4 Wales anticipates this will be the earliest ever sell-out in the race’s history. The event has completely sold out for the past six years, so it’s important participants…
An annual celebration of Cardiff’s world-famous arcades is returning to the Welsh capital, with exclusive events, entertainment and discounts. City of Arcades Day – which first launched in 2018 by the Business Improvement District, FOR Cardiff – is returning on Saturday, November 18, 2023. The event promotes Cardiff as a unique retail and leisure destination, by raising awareness of the seven arcades in the heart of the city. Cardiff is home to the highest concentration of Victorian, Edwardian and contemporary shopping arcades in the UK. These distinctive retail destinations offer shoppers a unique experience, at a time when people are…
Wales Tech Week bursts off the blocks: 4,000 people expected at three-day event with 75+ Exhibitors, five stages, demo zones, and more The much-anticipated Wales Tech Week has officially kicked off today at the International Convention Centre in Newport, with an extraordinary global showcase of Welsh innovation, thanks to more than 75 exhibitors, a diverse array of expert panels, international link ups and around 4000 registered attendees set to experience three action-packed days. With an expansive exhibition area, five dedicated stages, multiple demo zones, and an outstanding lineup of speakers, attendees can expect to be immersed in the latest tech…
Small businesses across large areas of Wales are being offered support with tech research and development from experts at the University of South Wales (USW). CEMET – the Centre of Excellence in Mobile and Emerging Technologies, which is based at USW – has been successful in securing funding to run a project which will support start-ups, micro companies, SMEs, and social enterprises, through a bespoke six-to-eight-week fully-funded programme. The funding for the programme has come from the UK Shared Prosperity Fund (UKSPF), which CEMET has secured from a number of local authorities across Wales, including Neath Port Talbot, Swansea, Carmarthenshire,…
The first new modular homes on an innovative development to help tackle the immediate shortage of affordable housing in Cardiff are ready to welcome their new residents. Development partner Wates Group has handed over four new apartments on the former Gasworks site at Ferry Road to the Council, as well as a new community building and on-site office. The pre-manufactured homes are part of a scheme that will ultimately deliver 155 highly energy-efficient properties in phases at Ffordd Y Rhaffau, Grangetown. The new modular homes, will help to alleviate pressures on local homelessness services and increase the availability of temporary…
Swansea is on track to have 300 new life-saving defibrillators in place in communities across the city by the end of the year. The latest round of installations has seen 40 defibrillators located in Swansea’s Pay & Display Car Parks thanks to funding from the council. Swansea Council has teamed-up with the charity Heartbeat Trust UK to install 300 easily accessible defibrillators covering all its wards as it aims to become the UK’s first ‘Defib-friendly’ city. As well as this training on how to use them is taking place across Swansea thanks to the British Heart Foundation Cymru and St…
A new Swansea residents rewards app has been launched, giving access to offers in shops and restaurants and information about what’s on in Swansea city centre. Funded by Swansea Council and run by Swansea Business Improvement District (BID), the Big Heart of Swansea app is now available to install for free on mobile devices from app.bigheartofswansea.co.uk The new app replaces the old Big Heart of Swansea app. As well as access to exclusive offers for Swansea residents, the app also includes a searchable directory of city centre businesses, along with their opening hours, locations and directions to get to them.…