FINSERV
transactions and day trading . Hyperscale Computing currently uses 10 % of the world ' s electricity , and that number is increasing rapidly . It , in many ways , keeps fossil fuel plants online because of their persistent need for energy . It ' s time to scale more affordable and sustainable methods like zero-carbon and batchable computing powered by renewables ."
The bottom line Fintech is impacting the financial sector in disruptive ways , and this is only set to increase in the coming years . With its focus on sustainability , fintech has the potential to help solve some of the world ' s most pressing issues .
" Every fintech has the potential to be sustainable to some degree , and any efforts , however small , that help us move towards that goal should be welcomed . Nature and social inclusion need everyone ' s attention and contribution ," added Eimantas Matulaitis , Head of Partnerships at
Foros .
In conclusion , it is imperative for the fintech sector to take a closer look at sustainable development and contribute to the effort of combatting social , environmental , and governance issues .
“ It ' s time to scale more affordable and sustainable methods like zero-carbon and batchable computing powered by renewables ”