Big Data Can Help Bring Sustainability in Web3

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There is little doubt that the discussion of a The future is built on Web3 and the appearance of the metaverse will increase in the coming years. Along with it, the urgency around developing sustainability initiatives will also increase.

The potential of the metaverse is huge. Experts talk about a whole new reality that exists in a purely digital space. This Web3 architecture will pave the way for collaboration, communication, and socialization in ways we still have a hard time imagining.

The focus of this new technological revolution will be big data. The sheer volume of data that users will generate in the Web3 age means that intelligent insights are not far away. Importantly, the rise of big data can also help solve some of the world’s biggest sustainability problems.

Before we look at how Web3 can help deliver sustainability, we should consider speculating on how environment can be affected by metaverse. With large numbers of people around the world choosing to spend most of their time connected to the digital world, we could see fuel use drop as fewer people have the need to travel. However, the sheer computing power required to fully immerse the user in the metaverse would be enormous, with Intel announced that computers would need to be 1,000 times more powerful than they are today to meet the additional requirements.

This will no doubt put environmental issues at the forefront when the metaverse emerges. But can Web3 and the rise of big data help alleviate sustainability concerns – and even contribute to improving the world’s green certification? Let’s dive deeper into how big data can pave the way for a more eco-friendly platform the future in the age of Web3:

Refined product lifecycle assessment

One way that businesses have been using big data analytics as a means to improve their green certification is through the development of product lifecycle assessments that can assess the overall environmental impact. production line, product use and subsequent disposal.

These reviews help shed light on the product timeline transparently, ensuring accountability. Factors such as the extraction of materials from the environment, the manufacturing process, the stage of use, and what happens to the product at the end of its life can all be precisely burdens on the environment, but Big data can provide clarity throughout each stage.

In the context of Web3, such deep data analytics seem heavy on the processing power that will be used to run these comprehensive assessments. But cloud-based data storage can help alleviate this problem as businesses no longer use local disks.

Based on EY dataAlthough internet traffic and data center volume increased 16.9x and 9.4x respectively between 2010-2020, data center energy efficiency increased by only 1.1 times over the same time frame.

This gives the data center industry the opportunity to become more environmentally friendly, with the provision of cloud computing lower cost per gigabyte and higher data redundancy – promote further expansion of the cloud to accommodate data in the Web3 age.

With businesses transitioning to more sustainability-focused innovation, advanced lifecycle impact assessments can help create balanced strategies that are fully functional in the cloud.

One of the biggest challenges facing business sustainability is the broader impact of a company’s carbon footprint. For example, in the case of the carbon footprint of the multinational pharmaceutical company GSK, only 20% is within the company’s own boundarieswith 80% coming from indirect emissions such as the use of its products.

Big data will help shed light on this dimmer aspect of Sustainability by revealing more nuanced aspects of the corporate world’s relationship with the environment.

Like Convert Web3 At the heart, we can see big data platforms providing insights into how existing physical products can be replicated in the digital world and the abundance of data usage. from customers as they live, work and socialize online will help provide much-needed insight into how businesses are actually helping to care for the environment.

The natural world is an incredibly complex place, and big data in the Web3 age will generate a lot of insight into how ESG-conscious companies can tailor their existing goods and services into a vibrant digital environment as a means of reinforcing information about their environment.

Sustainability is Gambled

Big data can also help create a more sustainability-focused user base among the billions of users who are eventually expected to embrace the metaverse.

This could be an important step forward in the fight against climate change, as a recent study of 2 billion social media posts found that one The biggest barrier to a sustainable future is behavior. With users increasingly willing to normalize climate conditions, these conditions may become easier to ignore.

Big data can overcome this mindset by helping to develop rich Web3 experiences that anticipate the downsides of our behavior and create virtual reality learning opportunities that put audiences into action. Sustainable processes can lead to greater awareness, more environmentally focused purchasing habits and a stronger desire to avoid bad habits when it comes to recycling and energy consumption.

Gaming will be a the focus of the metaverseand we’ve seen gamified sustainable solutions being developed with the purpose of helping the environment.

There is perhaps no stronger example of in-game sustainability than Alóki, an NFT-based blockchain game in which users can build their own virtual paradise based on a 3D LIDAR scan of the forest. real Costa Rican jungle. Alóki’s founders, Maurycy Krzastek and Bartek Lechowski, purchased the real-world land that will become the Alóki Sanctuary in Costa Rica for $30 million, and now user actions in the game can help Plant trees and nurture wildlife in the 750-acre stretch of jungle.

With big data helping companies understand users affection towards sustainability based on their actions in the metaverse, it could become a lot easier to help users learn in an immersive and gamified way.

While the transition to life in the established metaverse is a long one, the laying of the groundwork is happening right now. For the sake of a prosperous future, big data and sustainability must be central to the growth of this brave new digital frontier.

Dmytro Spilka is the head wizard at Solvid.


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