The issue of the environmental impact of blockchain systems is complex. Blockchain can be an energy-intensive technology – sometimes requiring a huge amount of processing power and consumption. At Fnality, we have adopted a specific mechanism for our network of payment systems, which minimises energy consumption by design to overcome the sustainability challenges often presented by distributed ledger technology (DLT) – while unlocking the many benefits that it offers.

In this blog, we explain the consensus mechanism adopted by Fnality and why this supports a key organisational goal of promoting sustainability and environmental stability.

Recently, the Fnality ESG (Environmental, Social & Governance) Community of Practice organised a live Q&A session with Meghan Foreman-Purves, Head of Legal, Europe for CIBC (Canadian Imperial Bank of Commerce). It was a session that all of us at Fnality found insightful and inspiring, so we are delighted to share Meghan's experiences and advice around topics such as leadership, overcoming career obstacles, and parenthood in the workplace with a broader audience in this blog post.

Meghan was, until very recently, a Director of CIBC’s UK regulated subsidiary, and has recently been welcomed to the Fnality Community as CIBC’s Board Observer and Shareholder Representative.