Author: Rhys Gregory

Newport City Council declared an ecological and climate emergency at its full council meeting yesterday evening. A motion declaring an emergency, which was unanimously approved was proposed by Councillor Jane Mudd, leader of the council, and seconded by Councillor Jason Hughes, cabinet member for sustainable development. In passing the motion, the council recognised that climate change is one of the defining issues of our generation, one that needs all of us working together to tackle it. As well as declaring an ecological and climate emergency, the motion commits the council to: continue the good work that we have started and…

Newport City Council has teamed up with a new prize draw app to offer residents the chance to win prizes just for using litter bins. Litter Lotto is a monthly prize draw which offers participants the chance to win prizes ranging from £5 to £10,000. Players can take part by downloading the Litter Lotto app and uploading a picture of themselves disposing of their litter (or someone else’s) into a bin. Each player will receive one entry into the monthly prize draw for each picture they upload. While funding for the prizes comes from Litter Lotto’s corporate partners, the council…

A culinary contest, pitting Cardiff’s best healthy cooks against each other, is back. Cardiff Council’s Money Advice team, in partnership with Food Cardiff, is on the look out for 50 households ready to rise to the challenge of producing nutritious, delicious dishes based on recipes developed by theCardiff and Vale UHB Nutrition and Dietetics team. The initiative will begin in early December and follows a successful healthy cooking project run earlier this year when challengers were tasked with creating a week’s supply of delicious family meals by following the online video tutorials or easy-to-follow, budget-friendly recipe cards. The fifty households…

Climate Change Minister Julie James has just revealed details of a pilot scheme to tackle the impact second home ownership is having on some Welsh communities. Speaking in the Senedd, the Minister confirmed the pilot will bring together a range of actions to address the impacts large numbers of second homes and short-term holiday lets can have. The Minister told MSs that Dwyfor had been chosen for a pilot which will launch in January with support from Gwynedd Council. The first phase of the pilot will build on the practical support Welsh Government is already providing to address affordability and…

Bitcoin has reached a historic high after seasons of turmoil. The massive spike in the price of the significant Cryptocurrency has sparked discussion about its prospects. There will be difficult questions to confront. We don’t know if bitcoin has any value, but we’ll see how important it is in this argument. Genuine cryptocurrency enthusiasts believe Bitcoin is the future currency, while skeptics feel it will crash at a particular juncture. Bitcoin is the focus of several disputes, with opposing opinions on perhaps the most straightforward fundamental issues. Bitcoin, for example, was intended to be a financial mechanism, but it is…

What are Cryptocurrencies, and how do they cooperate? Digital currencies are financial benchmarks that operate on a common assumption without a central bank, such as the Monetary Authority. They are sophisticated in that, unlike the US dollar, they have no physical framework and no central depository. The decentralized concept of computerized payment forms anticipates PCs using cryptography, a technological encoding, and interpretation of data to authenticate transactions and attempt to prevent falsification. In comparison to traditional monetary standards, which rely on a trusted, objective observer, for instance –, a Mastercard organization or financial institution, to ensure that the investments are…

When the euphoria around a new technology hits a tipping point, such as with blockchain technology, it’s easy to miss the possible merits and disadvantages. It has the potential to play a critical role in cost reduction, particularly for financial companies. As a result, by the close of 2025, the blockchain’s corporate value-add will be worth billions. Furthermore, because blockchain technology offers significant benefits to the corporate sector, it is seen as a game-changer in a variety of industries. It may be essential in terms of information security, but it isn’t a panacea for all business woes. If you’re going…

Blockchain technology is a type of accounting software. It is focused on the transmission of financial assets and the maintenance of an appropriate accounting ledger. Accountancy is primarily involved with the collection and distribution of economic data and the analysis of such data. A large part of the vocation involves determining or trying to measure estate legal rights and responsibilities and preparing how to use the financial resources effectively. For auditors, blockchain gives clarity about ownership rights and the presence of liabilities, and the potential for significant efficiency gains. Blockchain technology and other technological developments like machine learning increase transaction-oriented…

In cryptocurrency, off-chain transactions take place on a particular network that moves the value of cryptocurrencies outside the blockchain. Off-chain transactions are becoming very popular nowadays because they are low-cost and provide many other benefits. These transactions take place outside or beyond the blockchain system itself. For example, it can replace the private keys of an existing wallet rather than transferring funds or value. It may also take place using a coupon-based third-party interlocutor. In contrast, these transactions require much lower fees to change transactions, and the settlement can be done almost immediately. They also maintain greater enormity and can…

Introduction Bitcoin has been making headlines since its birth in 2009. It has been successful in drawing the attention of everyone due to the steep rise it has seen in market valuation through the last decade. From establishing transparent white paper organizations to making early investors billionaires, Bitcoin has intrigued a lot of queries among enthusiasts, the majority of it centering on the methods in which the masses can purchase it.  This blog aims at enlightening the readers regarding the same. What is bitcoin? For the minority of the people who are still unaware, Bitcoin is a consensus decentralized peer-to-peer…