The UK’s plans to explore its own central bank digital currency (CBDC) is a testament to the increasingly mainstream adoption of cryptocurrencies and the realization of its potential to truly revolutionize the way we move money around the world today. Rishi’s Sunak's recent announcement claimed that a Britcoin could tackle some of the challenges of popular cryptocurrencies, such as bitcoin – i.e., from a regulatory and volatility point of view. However, Joe Baguley, VP, and CTO, EMEA at VMware believes the chancellor must also consider the sustainability cost of introducing Britcoin en-masse and how it could foil the government’s green ambitions due to the unjustifiably high environmental burden of cryptocurrencies. Joe joins me on Tech Talks Daily in a conversation about the fundamental mistake the founders of bitcoin made by building the cryptocurrency on a proof-of-work blockchain which consumes an incredible amount of energy. We also discuss why we cannot unpick the environmental problems proof of work blockchains have caused by plugging renewable resources into powering them. If the UK considers its own CBDC seriously, it must learn from the industry’s early mistakes and ensure that it is green by design. We explore what building a more sustainable blockchain ecosystem would look like and the role that VMware will play in a new future of work from any device, location, and time.
Om Podcasten
The speed of technological change continues to race ahead at breakneck speed, but it will never move this slowly again.
In 2024, businesses and their employees will be expected to get to grips with AI, Machine Learning, Quantum Computing, Extended Reality, Cloud Computing, Edge Computing, Sustainable Tech, Green Computing, Cybersecurity, 5G, Blockchain, Crypto, IoT, Autonomous Everything, Human Augmentation, Data Sovereignty, Privacy, AI ethics and the Digital Transformation of everything.
Navigating these uncharted digital waters can feel daunting and overwhelming for business leaders, IT teams, and employees in every sector. Especially when scrolling down newsfeeds full of hype, buzzwords, and confusing technical jargon/acronyms. Does this sound familiar? Welcome to Tech Talks Daily, a podcast uniting business and technology.
Tech Journalist Neil C. Hughes brings you the latest insights into business technology, digital transformation, and the evolving business landscape and IT. This technology podcast focuses on real-world applications and business strategies around digital transformation.
From AI's impact on business operations to navigating the complexities of cloud computing and cybersecurity, Neil explores how technology reshapes industries and redefines personal and business success in 2024.
The lineup of guests includes tech leaders, CEOs, entrepreneurs, visionaries, and even the occasional celebrity who has walked the path of tech innovation. High-profile guests share their startup stories, their journey through digital transformation, and how technology has revolutionized their businesses and lives.
Whether you want to understand how to harness technology for business growth or stay informed, Tech Talks Daily is your daily dose of inspiration and insight. Join the conversation and be part of a community shaping the future of business and technology.