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Renewable energy offers a bright future for investors

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As humanity continues to evolve and technology along with it, there is one constant that cannot seem to be outrun: the dependence on energy. From the earliest days of cavemen discovering fire to today’s extensive power grids, energy has always been the lifeblood of human advancement. However, in recent decades, the downsides of producing these large amounts of energy have become apparent. From finite resources like fossil fuels, through the pollution brought upon by coal burning, to the dangers of nuclear energy – the world is in dire need of clean, sustainable energy in order to keep going.

Polluted skies and bodies of water, continued depletion of natural resources, and an ongoing increase in non-renewable energy consumption have brought the human race to the edge of catastrophe. However, there are numerous entities fighting these phenomena by creating new means of sustainable energy production and deploying significant infrastructure to support it. The world has run on non-renewable energy for too long, and a growing number of companies and governments are realising that clean energy must be more widely adopted.

The sustainable energy industry has the potential to completely revolutionise the global energy sector – and carries an exciting investment opportunity, as the renewable energy market is expected to reach a massive $2.1 trillion by 2025¹. It is no wonder, then, that both veteran energy corporations and innovative new companies are exploring, developing and implementing new, sustainable means of producing energy.

The damage is done

It is quite clear that the energy sources that have powered the world since the beginning of the industrial revolution are finite and that non-renewable energy will eventually run out. While this might sound ominous, it is actually a good opportunity for well-established energy firms and sustainable energy entrepreneurs to generate new revenue streams from sustainable energy sources.

After all, the world will never stop needing energy. On the contrary, as technology advances and more aspects of our daily lives become technology-dependent, one can assume that global power consumption will likely continue to rise. Investing in sustainable energy solutions will not only be positive for the environment, it may very well be one of the most promising investment opportunities.

Cleaning up the future

So how can humanity restore the damage and set a course to a cleaner future? The answer is multifaceted. There are numerous industries that are part of the ongoing pollution of the globe, all of which now have players that are trying to reverse the damage. Some focus on energy production methods that are more environmentally friendly, as these become the preferred energy source in some countries², while others focus on improving the way existing industries produce and consume energy.

Naturally, an emphasis is placed on producing energy from coal and fossil fuel alternatives, such as solar energy and wood fiber, as they offer reduced emissions of greenhouse gases. These go alongside improved electrical infrastructure, that increases efficiency of energy consumption and is constructed using environmentally-friendly methods and materials. Another major cause of emission is the transportation industry, which is being revolutionised with an ongoing shift to electric vehicles and constant innovation in battery charging.

Investing in clean energy

As stated before, the sustainable energy sector is expected to reach a market cap of more than $2 trillion over the next few years. Naturally, as humanity progresses towards cleaner and greener means of energy production, the financial aspect of the renewable energy sector will grow, and an increasing number of investment opportunities will arise. To give its clients exposure to this sector, eToro created the RenewableEnergy CopyPortfolio, which offers a diversified, long-term investment strategy in clean energy. To follow its performance, you can add the CopyPortfolio to your Watchlist on eToro.

Add RenewableEnergy to Watchlist

The RenewableEnergy CopyPortfolio offers a thematic investment opportunity in renewable energy companies, comprising various stocks of organisations operating across multiple segments of the industry, in different locations around the world.

The Portfolio was created with diversity in mind, offering stocks from solar energy pioneers, such as SolarEdge, waste management companies, such as Renewi, and several other companies covering sectors relevant to the sustainable energy industry.

Sources:

https://www.alliedmarketresearch.com/renewable-energy-market

https://www2.deloitte.com/insights/us/en/industry/power-and-utilities/global-renewable-energy-trends.html

This content is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

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ETOROX DEVELOPS CODE TO TOKENIZE ASSETS ON LIBRA BLOCKCHAIN

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Thursday 20 June 2019

Facebook’s Libra project marks a seismic moment for global finance. As the dust begins to settle after Tuesday’s announcement, both the crypto and traditional finance industry are busy grappling with the challenges and opportunities presented by Libra.

eToroX Labs Blockchain Science team, comprising Chief Blockchain Scientist Dr. Omri Ross, Peter Emil Jensen, and Johannes Rude Jensen, was quick off the mark to investigate how eToro’s tokenized assets (and the technology behind them) would work on Libra’s initial prototype, and how well it suited the existing specification.

Dr. Omri Ross, eToro’s Chief Blockchain Scientist, comments: “The prototype of the Libra blockchain – the testnet – launched on Tuesday and is in beta mode until the launch in H1 2020. We were excited to explore a test implementation of eToro’s tokenized assets on Libra in Move IR.”

By exploring Libra’s capabilities, and using Move IR (the intermediate representation of what will eventually be the final programming language), they successfully managed to implement an initial version of eToros tokenized assets on the Libra Network.

Using a previous specification targeting the Ethereum blockchain, the team wrote and executed a basic implementation for creating digital assets (tokenization capabilities) on Libra.

Top two takeaways:

  1. In Move, resources (data structure types) cannot be moved or copied — an extremely constructive and beneficial capability, especially for digital assets, since it prevents accidental duplication…
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Facebook has launched a white paper today for it’s planned cryptocurrency – Libra

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11 things you need to know:

  1. Libra’s mission is to enable a simple global currency and financial infrastructure the empowers billions of people.
  2. Libra is a stablecoin which will launch in H1 2020. This will be fully backed by a reserve of real assets (a basket of bank deposits and short-term government securities). The balance of the basket can be changed if needed to offset major price fluctuations.
  3. Facebook won’t control Libra. They get one vote like other founding members of the independent Libra Association headquartered in Switzerland. This provides a level of decentralization and they hope to have 100 well geographically distributed and diverse members by launch. Other founding members include MasterCard, Visa, PayPal and Uber as well as not-for-profits such as Women’s World Banking and academic institutions. They have all invested $10million each.
  4. It is built on the Libra blockchain which is open-source and any developer can build smart contracts using the Move code language. Move was created to prevent assets from being cloned, to facilitate exchange into fiat and to make it easier to write blockchain code that follows an author’s intention without introducing unintended bugs. The prototype of the blockchain – the testnet – launched today so it’s in beta mode until the launch in H1 2020.
  5. The Libra blockchain is managed by nodes, which are servers that help operate the blockchain. Each founding…
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Cryptocurrency Exchange Analysis: eToroX Exchange Review June 2019

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eToroX is a crypto exchange that is a subsidiary of eToro social trading platform. eToroX has been granted a distributed ledger technology (DLT) licence from the Gibraltar Financial Services Commission (GFSC). eToroX represents a bridge between the traditional investing and the new digital world.

  1. Supported currencies

eToroX offers 17digital assets: 5 cryptocurrencies and 10 Tokenized Assets. eToroX is in the midst of creating numerous variations of tokenized and digital assets. Seems like eToroX added the most popular cryptocurrencies to the current listings on its platform. The same strategy has also been used by other exchanges, in their early stages. eToroX’s current range of trading pairs and tokenized assets is surprisingly sizable, considering it was only released recently.

  1. eToroX exchange Fees & Limits

Trading fees refer to the actual cost of carrying out a trade (buying/selling) on eToroX exchange. The fees associated with a cryptocurrency exchange play an important role for users in evaluating the cost of trading relative to other exchanges in the market. Exchange fees currently are:

Withdrawal…

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