Don’t believe me? Well, then show me a case study where blockchains worked at scale. Just one.

Scalable blockchain network Casper announced the launch of its new Casper Accelerate Grant Program on Nov. 23, created to support developers and innovators who are building apps to support infrastructure, end-user applications, and research innovation on its blockchain.

The environment is now a global priority, evidenced by the threat of increasing carbon dioxide emissions reaching 414.72 parts per million, a new record high in 2021, as reported by the National Oceanic and Atmospheric Administration's Climate in the United States. With the impact of these emissions on climate change in mind, many countries have publicized their mission to lower their carbon emissions. For example, the United States has openly communicated its plan for environmental commodity measurement through the Bureau of Economic Analysis.

Blockchain venture capital inflows sharply decreased in October from the previous month. According to <a href="https://research.cointelegraph.com/">Cointelegraph Research</a>, the number of individual deals dropped from 93 to 69 monthly.

Energy poverty is currently one of the major concerns of national governments, with first-world countries facing severe energy shortages. For example, a Eurostat report showed <a target="_blank" href="https://energy.ec.europa.eu/topics/markets-and-consumers/energy-consumer-rights/energy-poverty-eu_en">35 million European Union (EU) citizens</a>, accounting for 8% of the EU population, could not use house heaters during the 2020 winter. Furthermore, the Russia-Ukraine war and supply chain disruptions led to inflationary pressures, resulting in unaffordable energy prices.&nbsp;

The Bank of Japan (BoJ) has planned experiments on a digital yen with three megabanks and regional banks in the country, Nikkei reported on Wednesday.

Singapore-based DBS bank, the largest lender in Southeast Asia, has said it is the first bank in Asia to complete an intraday repurchase transaction on a blockchain-based network.&nbsp;

Asset managers Apollo Global Management and Hamilton Lane are launching investment vehicles on the blockchain using technology developed by fintech company Figure.

Masterblox, a Lisbon-based crypto marketing company, has pledged to bring greater gender parity to the world of web3. Masterblox CEO Isabella Händel is on a mission to highlight the shortage of women working in the industry in a bid to foster greater inclusivity.

Finastra, a provider of financial software apps, announced on Tuesday a partnership with Fragmos Chain, a blockchain technology platform, which will enable the digitalization of over-the-counter (OTC) derivatives.