The merge is expected to reduce etheriums energy consumption by approximately 99 point nine percent. In a recent note, bank of america used the example of an insurance company that could use the block chain to do out mutual fund policies. The only problem with proof of stake protocols at this stage is that they don't have similar avenues for dealing with banks and other financial institutions.
In today's episode for 14th September 2022 we offer an oversimplified explanation of the Ethereum Merge.