The virtual world has come a long way since Second Life and WoW. With the invention of blockchain, we can create fully-functional digital economies that are decentralized and trustless. In other words: no middlemen, just people exchanging goods in an open marketplace with their peers. An economy is essentially any system that facilitates the exchange of goods or services using digital currency as a medium of exchange. Because they are essentially virtual economies, they are often called “virtual currencies” or “e-currencies” – but these systems have vast growth potential regardless of what you call them. Over 1,500 digital tokens are currently being used as a form of currency in some economies.
The explosion of data and the rise of data-driven businesses has created an unprecedented demand for data center resources. This growth in data has also created a need for more efficient operations.
The demand for data will only increase, as companies become more data-driven every day. Data centers must be flexible, scalable and efficient to handle this data volume and make more efficient use of computing resources.
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In 2021, we observed as the global economy rebounded while grappling with mounting climate change related extreme weather events, the ongoing COVID-19 pandemic, supply chain issues and a global energy supply crunch.
This is what we can expect in the remainder of the year ahead in 2022:
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As demands for climate change action grow, business leaders have both a humanitarian and economic duty to take action. As a Member of Parliament of the United Kingdom Sebastien Coe said, “This is not going to be business as usual. This is business unusual.”
Climate change poses not only an existential threat to the well-being and survival of humanity but also creates new and devastating risks and challenges for businesses and the economy. These risks have the potential to drastically increase the cost of doing business, disrupt global supply chains and create billions of dollars in damage to infrastructure.
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Benjamin Liker and Thomas R. Ward
Wind, solar, geothermal, and hydroelectric power generation all offer renewable energy with benefits and drawbacks. However, transitioning the world to purely renewable energy may be a bigger task than we anticipate due to supply chain, primary environmental, and deployment issues. Those problems notwithstanding, the world still needs to drastically reduce carbon emissions while preserving other ecological resources. There are four key metrics that point to why nuclear is a smarter energy source.
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Benjamin Liker and Thomas R. Ward
As noted in the Executive Summary (https://www.linkedin.com/pulse/climate-solutions-avoiding-carbon-traps-other-misbranded-tom-ward/?published=t), COP26 is 26th annual high-level meeting of leaders which several agreements are debated, such as the keystone “Paris Accords” (https://www.c2es.org/content/history-of-un-climate-talks/). According to the UK Law Society (For details see https://www.lawsociety.org.uk/topics/climate-change/reflecting-on-cop26-what-were-the-key-outcomes),
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Avoiding “Carbon Traps” and Other Misbranded Environmental Efforts
An Executive Summary by Benjamin Liker and Thomas R. Ward
Climate change and environmental degradation are the existential threats of our time— perhaps of all time. In all our history as humans on this earth, never has there been such a need for urgent action by all of us, for all of us. Environmental activists have been shouting from the treetops for over a century, governments have slowly begun to shift toward “green” thinking in the past decade, and finally, the private sector has been catching on in recent years as well. Terms like “ESG” and “sustainability” have become buzzwords in the media, government, and corporate landscapes in an attempt to center planet-conscious actions in a world where market forces and social movements dominate headlines and executive decision-making.
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The year 2020 changed a lot of things; one aspect of our lives that was tremendously affected was the way we interacted with each other. Due to the COVID-19 pandemic, the global economy’s reliance on IT became stronger, making the need for digital infrastructures like data centers more critical than ever before.
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Data centers are becoming more indispensable by the minute as we head towards a future in which data is at the core of everything we do. Although modern data centers have unbelievable capacity and sophistication and have made significant contributions to environmental sustainability, they are not immune or invincible to extreme weather and climate conditions.
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