Articles from February 2025

Video Explainer: What are Defra’s new potential landfill policies?

How much do you know about Defra’s new potential landfill policies? Watch our video explainer to learn what changes could be on the horizon.

Last week, the Department for Environment, Food and Rural Affairs (Defra) published its response to a consultation on policies that will stop biodegradable waste from being sent to landfill.

The original Call for Evidence ran for seven weeks, from 26 May to 14 July 2023 and received 62 responses.

It sought evidence and data to help support the development of policies that will achieve the near elimination of biodegradable waste being sent to landfill from 2028.

Watch our video explainer to understand all you need to know about the long-awaited consultation response.

Do you want to advance your career through credentials that will help you stand out in the industry?

Access the latest industry trends and gain credentials that will help you stand out in your job role, through CIWM’s Environmental Permitting Operators Certificate.

Find out more about the Certificate today.

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Influencers to urge young people not to vape as part of government campaign

disposable vapes

Influencers will urge young people not to vape as part of the UK Government’s nationwide campaign to highlight the health risks associated with vaping.

The Love Your Lungs campaign aims to highlight the harms of vaping and nicotine addiction to13 to 18 year olds.

The campaign will roll out primarily on social media and use influencers to speak directly to younger audiences.

Last year, the UK Government announced the sale of disposable vapes will be banned from June 2025, as part of the “first step” on the road towards a circular economy.

10-year study to shed light on youth vaping

electronic cigarettesThe Department of Health and Social Care also announced a 10-year study to investigate long-term health effects of vaping on young people’s health and wellbeing, alongside wider influences on adolescent health.

The £62 million research project into adolescent health, funded by UK Research and Innovation, will track 100,000 young people aged 8 to 18 years over a decade.

The research will collect data on behaviour, biology and health records to understand what affects young people’s health and wellbeing, including the impact of vaping.

Minister for Public Health and Prevention, Ashley Dalton, commented: “We know that vaping can be a useful tool to quit smoking, but it’s crucial we have clear evidence on the long-term health harms, especially for young people.

“This landmark series of studies, combined with our first nationwide youth vaping campaign, will help drive evidence-based, decisive action to protect our children’s future.”

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EU countries to establish EPR schemes for textiles

European Union

European Union countries have agreed to establish extended producer responsibility (EPR) schemes for textiles.

The European Parliament and Council have reached a provisional agreement on new measures to prevent and reduce waste from food and textiles across the EU.

According to the deal, EU countries would have to establish EPR schemes that ensure producers that make textiles available in any EU country would have to cover the costs for their collection, sorting and recycling.

The new rules would cover products such as clothing and accessories, footwear, blankets, bed and kitchen linen, curtains, and hats.

At Parliament’s initiative, EU countries may also set up EPR schemes for the producers of mattresses.

Negotiators also agreed that member states should address ultra-fast fashion and fast fashion practices when setting out the financial contributions to the EPR schemes.

Producers would be required to pay fees under EPR 30 months after the entry into force of the directive. Micro-enterprises would need to comply with the EPR requirements 12 months later.

The provisions would apply to all producers, including any using e-commerce tools, and irrespective of whether they are established in an EU country or outside the EU.

Rapporteur Anna Zalewska (ECR, PL) commented: “During the final negotiations round, Parliament succeeded to secure provisions making sure that food waste and textiles waste as part of the municipal waste will be further reduced.

“We succeeded in ensuring feasible and realistic provisions for member states to implement food waste reduction policies and we managed to ensure that the agriculture sector will not be negatively impacted.”

Food waste reduction targets

food wasteNegotiators also agreed to introduce binding food waste reduction targets to be met at a national level by 31 December 2030.

The targets require EU nations to reduce food waste in food processing by 10% and by 30% per capita in retail, restaurants, food services and households.

The European Parliament said the targets would be calculated in comparison to the amount generated as an annual average between 2021 and 2023.

Following Parliament’s request, EU countries would have to take measures to ensure that economic operators which have a significant role in the prevention and generation of food waste facilitate the donation of unsold food.

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Chemical recycling of plastics 101: Demystifying the process

chemical recycling of plastics

CIWM Early Careers Ambassador Dr. Bryan Ng, founder and CEO of Repolywise, a start-up company transforming waste plastics to new plastics, demystifies the process of chemical recycling for plastics.

Dr. Bryan Ng, founder and CEO of Repolywise.

Only 9% of the plastic that has ever been produced has been recycled. The most frequently seen approach to recycle plastics is mechanical recycling, which shreds plastic waste into small pieces before re-melting (extruding) them into new products – but it has a few limitations.

Firstly, the waste stream needs to be thoroughly sorted. Secondly, due to unavoidable contamination during the sorting step, this can reduce the quality of recycled plastics, and cannot always be used for food contact.

The value proposition of chemical recycling to the waste management industry is to transform plastics into chemical feedstock as fossil fuel substitutes. This is done using more energy than for mechanical recycling, with the upside of virgin-grade recycled plastics coming when they reach end-markets.

What is the chemical recycling process?

Plastics produced from fossil fuels are called virgin-grade plastics, the cleanest and highest grade possible. In the production process, fossil fuels will be cracked (Step 1) into monomers. These monomers are small molecules such as ethylene, propylene, or ethanediol. Through polymerization, the monomers will be transformed into plastics (Step 2).

After consumption (Step 3) they become waste plastics, which we throw into our “mixed recycling” bin every day. Some portion of the mixed recycling stream will then be sorted and sent for mechanical recycling (Step 4).

The -lysis suffix from various chemical recycling technologies originates from Greek, meaning “loosening, dissolving”. When applied to the context of chemical recycling it indicates what has driven the degradation of plastics.

Pyrolysis is the most well-known example of chemical recycling. It is a process using heat to break the strong carbon-carbon bonds dominant in most of mainstream plastics (HDPE, LDPE, PP). This is performed normally in the absence of oxygen to avoid combustion.

The major product of such processes is an oily substance (pyrolysis oil), which is intended to be a substitute for naphtha. Commonly the pyrolysis oil are mixed with fossil-derived naphtha to be cracked into monomers for new plastics production.

Solvolysis, hydrolysis, enzymolysis are processes involving solvent, water and enzymes respectively. They targeting carbon-nitrogen or carbon-oxygen bonds (amide or ester linkage) present in polyester (e.g. PET) and polyamides (e.g. Kevlar). Common output of these processes are monomers directly useful for the production of new plastics.

Hydrogenolysis uses hydrogen molecules to break the carbon-carbon bonds present in mainstream plastics (HDPE, LDPE, PP).

It is also the technology I am working on – an “atomic scissors” to selectively degrade common plastics into propane, which can be used to build virgin-grade PP. It is a process of reduced energy costs and improved efficiency.

Chemical recycling technologies are designed to be complimentary to mechanical recycling, as it addresses some of the limitations of mechanical recycling.

It would take some time for the technologies to upscale and commercialise, before a fully circular economy can be created for plastics where no plastics need to be landfilled or incinerated.

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Up to £346m of social value created through technology reuse in 2023/24

reuse

Up to £346 million of social value was created due to product reuse enabled by the resource and waste management sector in 2023/24, according to a new CIWM report.

The new report, funded by the Chartered Institution of Wastes Management (CIWM) and produced by Tech-Takeback, found that between £120 million and £346 million of social value was created through product reuse enabled by the resource and waste management sector in 2023/24.

The report focuses on technology reuse for digital inclusion and assesses the social value of wider reuse activities.

CIWM said the research shows the “key role” the resource and waste management sector can play in supporting the UK Government’s commitment to moving to a circular economy and accelerating the net zero transition.

The Institution said the resource and waste management sector can help create new jobs in the repair and reuse economy, reduce household expenditure by offering “high-quality” reused items at low prices, and cut carbon emissions by reducing the need for new product manufacturing.

The sector can also assist people back into employment by reducing digital exclusion by providing reused electronics, such as laptops, CIWM said.

Finally, CIWM said the sector can increase the capture of rare earth metals from the disassembly of end-of-life products.

The Executive Summary of the report is available to read now.

Commenting on the launch of the report, Lee Marshall, CIWM’s Director of Innovation & Technical Services, said: “Waste policy has not always been strong on reuse activities, and it will need to strengthen if we are to move towards a more circular economy.

“By demonstrating the social value associated with reuse activities, we can hopefully accelerate the move toward them becoming more mainstream than they currently are.”

The report also estimates that there are currently around 20 million unused laptops stored in UK homes, which have the potential to generate up to “£44 billion in social value”.

The research used three different tools (TOMS, HACT, and LOOP) to measure the potential social value of technology and other reuse activities.

It found that each of these tools has a different intended function, which means they provide differing assessments of the level of social value a reuse activity will generate.

As a result, CIWM said there is still a high degree of complexity when it comes to measuring social value, with no single tool providing a complete picture.

The report recommends that organisations use two different tools to give as complete a picture as possible.

Jodi Harford, Chief Operating Officer at Tech-Takeback, said the report demonstrates that reuse is more than just an alternative to recycling, calling it a “powerful catalyst for community transformation”.

“Our social value calculations show that every reused item, whether a piece of tech or another everyday product, can create jobs, reduce costs, and boost well-being,” Harford said.

A report last year by CIWM showed that reuse and repair are “likely to create the most jobs in the sector” over the next ten years.

Alongside the report, Tech-Takeback has produced a guide to support reuse organisations measure and articulate the social value generated by their activities.

The full report is available to read here and an Executive Summary can be found here.

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Why is 2025 the Best Year to Become a Certified Blockchain Professional?

The 21st century has witnessed the emergence of a plethora of new technologies and innovations. Blockchain technology is one of the most promising technological inventions that have come into existence today. This is evident from the fact that the global blockchain market has been expanding at a rapid pace. Moreover, in the future, the market is expected to scale to new heights and transform the existing technological arena. 

Due to the rising popularity of blockchain technology, there has been a surge in the demand for a competent blockchain-certified professional in almost every company. If you are passionate about blockchain technology, you must definitely consider attaining blockchain professional certification. It is undoubtedly one of the best decisions that you can make at the moment. This is because by becoming a Certified Blockchain Professional, you can be equipped with top skills, prowess, and expertise to master the technology. Let us dive into the world of blockchain to understand why 2025 is the best year to become a certified blockchain professional.

Certified Enterprise Blockchain Professional Certification

Who is a Certified Blockchain Professional?

A Certified Blockchain Professional is a professional who possesses thorough knowledge as well as expertise relating to Blockchain technology. They are competent and capable enough to leverage the technology for the purpose of creating applications for enterprises. Today a blockchain-certified professional is considered to be an asset for an organization.

Now that you know about a Certified Blockchain Professional, you may be wondering, ‘How do you become a blockchain professional? If yes, the answer is quite simple. You need to enroll yourself in a top blockchain professional certification program.

It will certainly act as the ultimate pathway that will help you become a certified blockchain professional. You do not have to feel intimidated by the technology since the certification program will ensure your mastery in the domain.

Responsibilities of a Certified Blockchain Professional

If you plan on becoming a Certified Blockchain Professional, it is essential to get familiar with their roles and responsibilities. The insight will definitely serve as guidance and help you in your career path. Moreover, you can refer to these areas to identify the specific area that interests you. As there is a broad range of blockchain developer jobs available today, you need to be very pragmatic while deciding your career path.

However, some of the fundamental responsibilities of a blockchain-certified professional are:

Ability to Develop Smart Contracts 

One of the chief responsibilities of a Blockchain Professional revolves around smart contracts. That’s right! You need to be able to develop these contracts, which serve as the foundation of Blockchain technology. Although you may not be directly involved in the coding process, you may have to work with the technical team and add value to the smart contract development process. 

Developing Blockchain-based Solutions 

As a certified blockchain professional, you must utilize your knowledge of blockchain to develop, design, and implement robust blockchain-based solutions. In the current era, enterprises across diverse industries are in search of highly competent and talented blockchain professionals.

Working on Blockchain Architecture 

A Blockchain professional has to work on Blockchain architecture by evaluating the existing processes. This process is essential to effectively integrate Blockchain solutions for enterprises. You will have to conduct research and evaluation activities so that you can integrate advanced tools and technologies into blockchain networks. 

Handling Security and Compliance Requirements 

In the evolving Blockchain realm, Certified Blockchain Professionals need to implement solid cryptographic security measures. Such a step is instrumental to ensure data integrity and security. Additionally, these professionals need to ensure that all the necessary compliance-related requirements are effectively met by enterprises. 

Using Soft Skills 

Having a career in the Blockchain realm is not just about handling technical processes and operations. You also need to possess top soft skills in diverse areas, such as communication, multi-tasking, and collaboration. You will have to utilize these skills while working in teams and developing top-notch Blockchain solutions.

The responsibilities that Certified Blockchain Professionals perform may undergo change in the future. Due to the evolving nature of Blockchain technology, it is imperative for you to consider enrolling in a top blockchain professional certification program. The certificate that you will earn will serve as the ultimate proof of your skills, knowledge, and expertise in blockchain technology. Thus, it will definitely give you an edge over professionals who do not have the certification.

Build your identity as a certified blockchain expert with 101 Blockchains’ Blockchain Certifications designed to provide enhanced career prospects.

Most In-demand Skills of a Blockchain Professional

Now is the best time to dive into the realm of Blockchain technology if you want to excel as a Blockchain professional. There are numerous opportunities available today that you can exploit to learn and grow as a professional. 

In order to make the most of the promising career path, you need to possess certain skills and capabilities. You need to start cultivating and strengthening these skills so that you can make a mark as a top-certified blockchain professional. 

Expertise in Top Programming Languages 

It is a must for certified blockchain professionals to possess solid knowledge of Programming Languages such as C++, Java, Python, etc. You need to master these areas so that you can understand which one to use for which blockchain solution. It will certainly strengthen your foundation as a competent and capable blockchain professional. 

Proficiency in Cryptography 

A talented blockchain professional must have solid knowledge in the area of cryptography. This is because an insight into this area is necessary to ensure that a secure blockchain environment is in place. You need to have a strong understanding of diverse cryptography concepts such as keys, wallets, digital signatures, etc. Moreover, you should be able to understand how to utilize public cloud cryptography for preventing unauthorized access to data. 

Insight into Web development 

It is not possible to imagine blockchain technology without web development. Because both of them go hand in hand. If you wish to become the best Certified Blockchain Professional, you must have a strong foundation in web development. Most importantly, you must possess knowledge relating to comprehensive aspects relating to web development. It will certainly help you develop top blockchain web applications.  

Solid understanding of data structures 

It is a must to have an insight into data structures for a Blockchain Professional. This is because the blockchain network is entirely made of data structures. As a Blockchain Professional, you need to constantly work with these structures. So, you should have a solid grasp of how data structures work, their designing aspects, and their exact role in Blockchain technology. 

As the blockchain landscape is full of promise and potential, the level of competition has intensified for professionals. If you wish to stand out from the crowd and grow as a Blockchain Professional, you must certainly become a blockchain-certified professional. The certification program will equip them with the top skills that employers search for in their potential Blockchain Professionals.

Start learning Blockchain with World’s first Blockchain Career Paths with quality resources tailored by industry experts Now!

Future Potential of a Certified Blockchain Professional

The future of a Certified Blockchain Professional is really bright at the moment. In fact, in the current era when Blockchain technology is booming, the Blockchain Professional certification can act as a catalyst and help you capture the attention of potential employers for all the right reasons. 

The blockchain professional certification will ensure that you have the necessary prowess and expertise for the best blockchain developer jobs. Moreover, you can apply your expertise as well as knowledge in the practical setting to grow professionally.

As the adoption of blockchain technology is increasing in the business world, the demand for Blockchain Professionals is expected to rise. Today, organizations are not looking for any Blockchain Professionals. They are specifically searching for Certified Blockchain Professionals who can leverage the innovative technology to the fullest. 

If you wish to seize the opportunity and have a bright career in the blockchain domain, you must certainly consider becoming a certified blockchain professional. The certification can give rise to new career pathways for you, and you can have a promising career in the attractive blockchain environment. 

Bottom Line

Although the Blockchain market is relatively young, it has shown immense potential within a short span do time. As Blockchain technology is full of promise, its adoption has rapidly increased over diverse fields and domains. Such a trend has automatically increased the demand for certified blockchain professionals. 

Now is the best time for blockchain professionals to get their certificates and enter the blockchain industry. A top certification will not only aid you cultivate the identified in-demand skills, but expertise relating to blockchain technology, it will surely boost your confidence as a professional. You will be able to capitalize on the opportunities that exist in the industry and achieve your professional dreams.

Advance your Career with Blockchain & Web3 Skills

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101 Blockchains Rejoins Paris Blockchain Week 2025 as an Official Partner

101 Blockchains was an official partner of Paris Blockchain Week 2024. We are excited to announce that 101 Blockchains rejoins Paris Blockchain Week 2025 for the second time. The amazing collaboration can shed light on the true potential of blockchain and help the technology gain further momentum.

It is definitely a time for the members of the 101 Blockchains community to celebrate. The top event can shape the growth pathway of blockchain as well as shed light on its revolutionary power. Let us explore how the unique collaboration can boost the existing crypto space.

Join Paris Blockchain Week 2025 to celebrate the rise of blockchain and web3! As an official partner, 101 Blockchains members can leverage this groundbreaking collaboration to their advantage. Use code mp9V1B to save 15% on your registration.

A Glimpse into Paris Blockchain Week 2025

Paris Blockchain Week is known as the ultimate flagship web3 event that takes place in Europe. It is the ultimate destination where top members of the blockchain community come together to create transformational blockchain solutions. That’s right! In the current era, when blockchain is undoubtedly a transformational force in the web3 realm, it is among the most happening events.

Paris Blockchain Week 2025 will be held from April 8 – 10, 2025. During these three days, you can enjoy unmatched access to top industry leaders, crypto investors, and web3 innovators. These members will come together and share visionary insights by being a part of dynamic panels. So, it is an amazing opportunity to witness the transformation of blockchain by global blockchain experts.

Agenda of the Paris Blockchain Week 2025

The Paris Blockchain Week 2025 event has been carefully crafted so that you can witness the revolution of the future of blockchain right before your eyes. During the 3-day period, some of the most happening topics will be covered, including AI, open finance, regulations, and MiCA. Apart from these subjects, other areas that the blockchain elite will also cover include corporate Web3, CBDCs, infrastructure, custody, and payments.

AgentX is a major part of the event. It is basically a disruptive agent-led conference revolving around AI and decentralization. Moreover, exclusive events such as Bitcoin for Investors, the RWA Voyage, and DePIN Central will be held. These interactions and engagements will play a catalytic role and ensure that the Paris Blockchain Week 2025 is characterized by collaboration, innovation, and transformational impact. By being a part of the event, you also have the opportunity to have premium experiences like LP Breakfast and the VIP dinner beneath the Pyramide du Louvre.

Paris Blockchain Week 2025

Who Will be Attending the Event?

Paris Blockchain Week 2025 will be attended by a host of respected people in the web3 environment. Some of the attendees who will be gracing the event are:

  • Anthony Scaramucci of SkyBridge
  • Charles Hoskinson of Input | Output
  • Meltem Demirors of Crucible
  • Eric Anziani of Crypto.com
  • Wiebke Ståhl of Bugatti International
  • Chris Donovan of the NEAR Foundation
  • Yoni Assia of eToro
  • Alex Matsuo of Amazon Web Services
  • Silvio Micali of MIT
  • Coty De Monteverde of Santander

By gracing the special event, these attendees will share their valuable expertise as well as insights relating to blockchain and web3. By listening to their wise words and ideas, one can get an insight into the immense potential of web3 as well as blockchain.

Amazing Opportunity for Startups

The Paris Blockchain Week 2025 is an amazing opportunity for startups that wish to make a mark in the dynamic blockchain arena. The good news is that the event’s ‘Start in Block Competition’ is now officially open. That’s not all! Moreover, entry to the competition is totally free. So, the owners of startups have the breathtaking opportunity to present their startups before top-tier investors. Thus, you will get the opportunity to pitch your unique idea to over 500 top venture capitalists, industry leaders, and the entire Web3 ecosystem. By connecting with the top-tier audience, you can witness your startup skyrocket.

You will have an amazing chance to secure funds since the total value of venture capital may reach $ 10 billion in the event. Wait, there is still more for you! You have the opportunity to win $ 10 million in prizes, grants, funding, credits, and more. It is the perfect platform that you can dream of if you wish to dive into the realm of blockchain.

Start your learning journey with top learning resources and develop the most in-demand skills in Blockchain, Web3, and other advanced technologies with 101 Blockchains Skill Paths.

How Can the Blockchain Community Extract High Value From the Event?

The blockchain community, including the members of 101 Blockchains, can get the best value from Paris Blockchain Week 2025. If you are a 101 Blockchains community member, you certainly have the option to buy tickets for the event with a 15% discount. Furthermore, you can choose the category based on your preference. Moreover, you can get a discount by using the coupon – mp9V1B. As 101 Blockchains is the official partner of Paris Blockchain Week 2025, you will have the opportunity to witness the transformational event while enjoying a discount.

By taking advantage of the offers that 101 Blockchains has in store for the community members, you can have a magical experience. You can be a part of the historic event without straining your budget. You can purchase the tickets at a discounted price and witness how the trajectory of blockchain technology will take form.

Final Words

The global blockchain community is certainly looking forward to Paris Blockchain Week 2025. It will surely serve as the ultimate pedestal where experts, leaders, and innovators will come together to help blockchain technology reach new heights. It is the time when the chief industry leaders will showcase unity to foster innovation in the blockchain domain.

One can expect that thousands of visitors will be a part of the event that can make history in the blockchain and web3 environment. In order to witness the remarkable event, blockchain enthusiasts have the amazing chance to purchase tickets at a discounted rate from 101 Blockchains. Join today and save 15% with coupon mp9V1B.

Advance your Career with Blockchain & Web3 Skills

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City of London aiming to become “fully circular” by 2040

City of London

The City of London Corporation says it is aiming to become “fully circular” by 2040 as part of its strategy to reduce waste and recycle building materials.

The City of London is a historic financial district, known colloquially as the Square Mile, where both the Stock Exchange and the Bank of England are located.

The area is approximately 1.12 square miles and governed by the City of London Corporation as its local authority.

The Circular Economy Framework and Action Plan outline the Corporation’s plans to embed circular principles in major construction projects and improve recycling facilities.

The Framework also outlines plans to make it easier for residents, businesses, and visitors to adopt circular practices while in the Square Mile.

Chairman of the City Corporation’s Port Health and Environmental Services Committee, Mary Durcan, said: “This framework is a game-changer for the Square Mile. It builds on our commitment to innovation and sustainability, creating a greener, cleaner City for everyone.

By adopting circular economy principles, we’re not just reducing waste, we’re unlocking economic opportunities…

“By adopting circular economy principles, we’re not just reducing waste, we’re unlocking economic opportunities, fostering collaboration, and ensuring that the City remains a world-leading hub for business and culture.”

The Framework aligns with the Corporation’s Climate Action Strategy, which aims for net zero carbon emissions across its full value chain, and the entire City of London, by 2040.

The organisation has already launched several circular economy projects including regular “Give and Take” days, where City residents can donate unwanted books, clothes and electrical items for reuse.

Chairman of the City Corporation’s Planning and Transportation Committee, Shravan Joshi, said: “The City of London’s global reputation as a financial and cultural capital is underpinned by our ability to lead on sustainability.

“This framework exemplifies how forward-thinking policies can drive real change, making the Square Mile a model for circularity and a magnet for sustainable investment.”

The post City of London aiming to become “fully circular” by 2040 appeared first on Circular Online.

The Impact of AI on Cryptocurrency Trading

In the 21st century, Artificial Intelligence (AI) has been identified as one of the major forms of disruptive technologies. It has revolutionized diverse domains such as finance, healthcare, retail, manufacturing, and many more. A specific area that has been significantly impacted by AI is cryptocurrency trading, which involves selling and buying a diverse type of cryptocurrency on an exchange.

The integration of AI capabilities in cryptocurrency has created the opportunity to experience the best of both worlds. That’s right! AI technology has bolstered the level of automation in cryptocurrency trading. If you think that the impact of AI is limited to automation, you are certainly mistaken. This is because AI technology has been reshaping every dimension of cryptocurrency trading, including decision-making, efficiency, as well as risk management. If you wish to explore how AI is redefining cryptocurrency trading, let us dive into the topic. 

Want to get an in-depth understanding of crypto fundamentals, trading and investing strategies? Enroll now in the Crypto Fundamentals, Trading And Investing Course

Transformational Role of AI in Cryptocurrency Trading

In the present times, AI has been transforming the manner in which cryptocurrency trading takes place. In fact, the convergence of AI technology and cryptocurrency has the potential to redefine the financial landscape. AI for cryptocurrency trading has certainly been amazing news for the entire cryptocurrency community.

It is true that the cryptocurrency trading process is quite complex in nature. The lack of understanding of the underlying operations can act as a nightmare for investors. However, thanks to the integration of AI, you do not have to worry about these things. By using AI for crypto trading, you can engage in smart and strategic investing operations in the crypto world.

The synergy of AI with cryptocurrency has led to significant enhancements. Although both forms of digital technologies are still in their nascent stage, their fusion has simplified and streamlined cryptocurrency trading. Whether you are a novice or an experienced individual in the crypto realm, you need to broaden your understanding of the transformational power of AI.

Certified AI Professional Certification

How AI is Shaping Cryptocurrency Trading?

Today, AI technology has become indispensable in cryptocurrency trading. If you are concerned about the unpredictable behavior that creates risks, you can breathe a sigh of relief. This is because the fusion of AI with cryptocurrency trading offers robust solutions. Some of the ways AI is influencing cryptocurrency trading include: 

  • Advancement of Market Analysis

The fusion of AI with cryptocurrency trading has made it possible to leverage innovative machine learning (ML) capabilities. By employing ML algorithms, you can assess a humongous volume of data. As a result, you can gain valuable insights that can help you make well-informed trading decisions. Market analysis is undoubtedly one of the main areas that has undergone a transformation because of the addition of AI in the crypto world. 

  • Simplification of Risk Assessment

Risk assessment can be quite complicated in the cryptocurrency setting due to the volatile market conditions. However, you do not have to worry about it, thanks to artificial intelligence. You can easily leverage AI capabilities since it excels in the evaluation of risks. That’s not all. By strategically using AI for cryptocurrency trading, you can optimally manage your portfolio.

  • Automation of Trading Strategies

By employing AI technology, you can definitely automate trading strategies. If you are wondering how, the answer is quite straightforward. You can make use of a top AI cryptocurrency trading bot for automation purposes. The best thing is that the tool can help you by streamlining trading operations on your behalf as well as executing trading strategies with utmost precision.

  • Enhancement in Security

In the digital world, including the cryptocurrency arena, one cannot ignore cybersecurity risks and threats. However, the integration of AI in cryptocurrency has led to the augmentation of security. That’s true! By strategically incorporating AI capabilities, it has become possible to curb risks. This is possible since AI can support pattern recognition, which can make the detection and mitigation of suspicious activities better way. 

The synergy of AI and cryptocurrency has certainly revolutionized cryptocurrency trading for the better. You can engage in trading operations in the crypto sphere without any worry. Thus, if you are looking for an answer to the question, ‘Can I use AI for crypto trading?’ The answer is yes. AI can definitely enhance your trading experience within the crypto realm. Moreover, you have the option to use an AI crypto trading app that can further simplify your experience.

Dive deeper into the world of cryptocurrencies and understand the technologies powering them alongside through Cryptocurrency Skill Path

Strategic Role of AI Cryptocurrency Trading Bots

The emergence of AI Cryptocurrency Trading Bots has been a major development when it comes to cryptocurrency trading. In order to understand its role, you first need to understand what exactly it is. An AI cryptocurrency trading bot is an automated system that possesses AI capabilities as well as functionalities.

The bot is not only able to assess the cryptocurrency market data but also execute trade activities on behalf of users. By strategically utilizing the tool, you surely have the chance of earning significant returns. Some of the unique ways in which these AI-based bots are reshaping cryptocurrency trading include:

  • Replacing Manual Processes with Automated Processes 

One of the chief capabilities of these bots is that they facilitate the automation of cryptocurrency trading processes. You do not have to conduct market analysis manually, as the bot will do it for you along with the execution of trading operations.  Moreover, you can efficiently manage your portfolio without requiring any sort of manual intervention. 

  • Locating Patterns from Data 

An AI cryptocurrency trading bot is capable of assessing real-time data as well as historical data to identify patterns. By using the bot, you will be able to understand how correlations exist among diverse cryptocurrency assets. The functionalities of the bot will assist you in making strategic decisions in the context of cryptocurrency trading.

  • Learning as well as Adaptation Ability 

One of the best things about these AI-based bots is that they are able to learn from their past interactions. Thus, their performance can certainly get better with the passage of time. These bots can adapt to dynamic market conditions and help you make well-informed decisions relating to cryptography trading.

  • High Level of Objectivity 

When humans make decisions in the cryptography trading context, they are likely to be influenced by emotions such as greed or fear. However, when these decisions are made by AI cryptocurrency trading bots, the possibility of such emotional biases is eliminated. So, you must rest assured while using these AI-based bots. This is because they will certainly make objective decisions that are based on concrete data. 

In recent times, the popularity of AI cryptocurrency trading bots has reached new heights. Both experienced and new investors who engage in cryptocurrency trading have been leveraging these innovative tools to simplify trading operations. You can also consider utilizing these technology-driven tools to leverage the capabilities of AI in the crypto domain. 

Embrace the technological leap and global adoption that awaits in the upcoming bull run of 2024-2025 with Crypto Bull Run Ready Career Path.

Growing Potential of AI in the Crypto Realm 

Within a short span of time, AI has been playing a major role in the crypto world. In the future, there is further potential to adopt AI capabilities as well as functionalities in diverse areas of cryptocurrency trading. It can further revolutionize the cryptocurrency landscape and the processes that are carried out within its realm. 

In the future, further integration of AI in the cryptocurrency realm can enhance transparency and efficiency. As both AI and cryptocurrency technologies are rapidly advancing, one has to keep one’s fingers crossed. The ongoing evolution in the domain of AI may lead to unparalleled access as well as the emergence of new possibilities for the audience at the global level.

Nevertheless, it is equally important to remember that certain challenges may arise due to the combination of AI with cryptocurrency trading. Some of the chief concerns include technical complexities, ethical concerns, and regulatory complications. It is necessary to focus not only on the opportunities but also on the identified areas of concern. By doing so, a balanced approach can be in place that may help unlock breathtaking possibilities and opportunities in the crypto setting.

Conclusion 

In the context of cryptocurrency, artificial intelligence has been acting as a catalyst that is reshaping the cryptocurrency trading practice. In fact, the integration of AI capabilities and functionalities has surely broadened the horizon of the crypto landscape by giving rise to a host of new possibilities and opportunities. 

The adoption of AI for crypto trading has been a boon for the entire crypto community. In the future, the evolving AI capabilities may further stir up the crypto world. In the crypto domain, you have the opportunity to leverage AI capabilities and mechanisms so that you can gain a competitive advantage while engaging in trading operations.

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*Disclaimer: The article should not be taken as, and is not intended to provide any investment advice. Claims made in this article do not constitute investment advice and should not be taken as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this article. Do your own research!

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Bitcoin Transaction Fees – Explained

Within Bitcoin networks, the role of Bitcoin transaction fees is indispensable. These fees are made to ensure that the processing of transactions takes place in an effortless and efficient manner. That’s not all! By paying Bitcoin transaction fees, users ensure that miners get incentives for playing their role perfectly. 

Initially, when the fee concept came into existence, its purpose was to prevent the possibility of spam transactions. However, with the passage of time and the rising popularity of Bitcoin, its role has gained high prominence. If you are a user of Bitcoins and you are engaged in Bitcoin transactions, it is a must to learn about Bitcoin transaction fees. 

BTC transaction fees make sure to incentivize miners. They basically receive these incentives for validating transactions. Moreover, miners also engage in subsidizing the reducing block subsidy, thereby supporting network security.

The Bitcoin transaction fees guide can help users understand how their fee is put to use. Let us get into the topic to answer the question – How does the Bitcoin transaction fee work?

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An Overview of Bitcoin Transaction Fees

Users of bitcoins want their transactions to be included in the bitcoin network. In order to do so, you need to pay a network fee or BTC transfer fee to miners. By making the payment, you can ensure that your transaction has been included within the network in a timely manner.

The higher the fee that is paid, the greater the possibility of instant processing. As there is limited block space available, users pay BTC transaction fees. It is undoubtedly a smart move that gives rise to a win-win situation for both miners and bitcoin users. The miner receives the reward once the validation of a new block is complete.

Determining Bitcoin Transaction Fees

In order to determine Bitcoin transaction fees, certain variables must be taken into account. The two most important factors that you need to bear in mind are size and the demand for block space. The size is the data volume relating to the particular transaction. The block space demand that has been made by the user is equally important and can influence the fee that has to be paid.

Typically, if a user wants their transaction to be confirmed immediately, they need to pay a higher btc transfer fee. This is because there exist certain limits that have to be taken into consideration. A block can encompass a specific volume of data. Thus, the number of transactions that can be processed in a block is limited. Users who want to engage in large transactions generally have to pay a hire fee.

In the historical sense, btc transaction fees fall within the range of $ 0.50 and $ 2.50. However, the fee amount has a tendency to surge during high demand. By using a BTC transaction fee calculator, you can get an idea about how much fee you may have to pay for your Bitcoin transaction.

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Challenges and the Ways to Mitigate Them

The concept of Bitcoin has undoubtedly revolutionized the traditional payment mechanism. It has given rise to a plethora of benefits such as high transparency, speed, and security. However, you must remember that certain challenges may arise within Bitcoin networks while paying Bitcoin transaction fees.

  • Bitcoin Transactions are Stuck.

One of the most common challenges arises when Bitcoin transactions get stuck. It might certainly be a major hassle for bitcoin users. Although the specific problem may not always arise there exists this possibility. In case a large number of transactions are pending in the Bitcoin network and your btc transfer fee is low then there is a chance that your transaction may get stuck. This is because minors may give preference to transactions that are more profitable. 

You can mitigate the challenge by focusing on the timing of your transaction. You need to avoid certain times, especially when there may be congestion in the network. Similarly, you also have the option to consider technical solutions to the challenge. You can utilize Bitcoin wallets that have the ‘replace-by-fee’ function. This function will certainly allow you to substitute a low-fee transaction with a transaction with a higher fee.

  • Expensive Nature of Small-Value Payments 

As already understood from the bitcoin transaction fees explained guide, btc transaction fees are not related to the transaction value. Instead, the fee is influenced by the data size as well as the fee priority that has been allocated by the sender. Hence it means that a very expensive transaction which is worth hundreds or thousands of dollars may cost a few cents. On the other hand, payments having a small value may be quite expensive in case these transactions have a high-priority fee.

You can adopt a number of strategies to offset the high price. One of the most effective strategies involves batching transactions which have a small value together. Such an approach can help combine them together to form larger transactions. These transactions can be sent on the Bitcoin network when the fee is low.

Although certain challenges may arise while paying Bitcoin transaction fees, you need to be smart when it comes to mitigating them. By adopting the right mitigation strategy, you can engage in Bitcoin transactions without having to worry about the fee value. With the right approach, you can keep a tab on your Bitcoin transaction fee. 

  • Setting Bitcoin Transaction Fee in Bitcoin wallet

A Bitcoin user may be able to set their BTC transaction fee. However, it mainly depends on the wallet that they use. There are a number of web wallets that do not give users any control over fees. Instead, users need to pay a predetermined fee for their transactions. 

However, the users of a majority of self-custodial wallets have the option to customize the fee that they have to pay for Bitcoin transactions. Such wallets have a number of fee settings as well as options for setting custom fees. Users can choose the fee that they wish to pay, and it will determine the speed at which transactions are processed. You can also use tools that are available online to make sure that you can choose the most suitable and reasonable fee. 

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Saving on Bitcoin Transaction Fee

The realm of Bitcoin is certainly extremely lucrative in nature. However, in order to derive maximum value from it, you must know how to engage in Bitcoin transactions wisely. There are a few tips and tricks that can help you save on bitcoin transaction fees. 

Some of the best tips that you can definitely follow are:

  • Choosing the Appropriate Time – Generally, the BTC transaction fees are higher when a large number of users are processing their transactions. You may choose to delay your transaction when there is lower demand. 
  • Comparing Fees from Diverse Service Users – Diverse service providers charge different fees to users. You can make a proper comparison and choose the fee that perfectly suits your budget.
  • Using the Lightning Network – The lightning network has come into existence to speed up payments. You can make use of the network to reduce the processing time. That’s not all! The good news is that the fee is also lower when using the lightning network.

By using these simple ways, you can certainly save the Bitcoin transaction fee that you need to pay for your Bitcoin transaction. You can pay the amount that suits your pocket, and the miners will receive an incentive for the work they do. As the popularity of cryptocurrencies, especially bitcoins, is on the rise, you need to broaden your insight into how Bitcoin transactions work and the role of Bitcoin transaction fees. 

Read about untraceable Bitcoin transactions and learn how to cover your tracks effectively.

Final Words

The concept of bitcoin transaction fees is of high relevance not only for investors but also for miners. The ‘Bitcoin transaction fees explained’ guide has provided insight into how Bitcoin transaction fees work. 

By paying the right amount of fee, you can ensure that your transaction can be processed in a timely manner by the miner. However, at the same time, it is necessary for you to know that there are certain techniques that can help you save on the fee that you need to pay for your bitcoin transactions. 

Now that you have a comprehensive insight into BTC transaction fees, you can plan to engage in Bitcoin transactions at the right time. As the Bitcoin landscape is undergoing rapid change, it is essential for you to be alert when paying the btc transfer fee. 

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*Disclaimer: The article should not be taken as, and is not intended to provide any investment advice. Claims made in this article do not constitute investment advice and should not be taken as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this article. Do your own research!

The post Bitcoin Transaction Fees – Explained appeared first on 101 Blockchains.