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Digital wallets have emerged as a key component of the digital revolution that has transformed the landscape of transactions. They enable users to store and manage payment and personal information (such as credit cards, health and government-issued ID cards, airline tickets, and sports and entertainment venue tickets) on their smartphones and wearable devices with enhanced convenience, improved security, and greater control over their finances and data. However, as digital wallets become more prevalent, they also pose significant challenges to the security and management of digital identities and their impact on privacy and personal data.
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The energy used to power proof-of-work blockchain technologies is essential to their security. Many in the permissionless blockchain ecosystem will attest that energy consumption “is a feature, not a bug.” As the effects of climate change worsen, investments in digital assets that use more electricity will become increasingly unattractive. To understand how this technology can be used for good, such as advancing digital inclusion and universal payments and perhaps even promoting sustainability advancements, we must first understand its energy usage and develop more effective methods for verifying carbon offset claims. To help further this understanding, in July of 2022, in collaboration with Intel, Linux Foundation Research hosted a roundtable to discuss the opportunities to create sustainable blockchain infrastructure and to better understand the impact of blockchain technology on the environment. Additionally, the roundtable addressed how we can reduce that impact, and how blockchain technology itself can help reduce our own carbon footprints and provide mechanisms to incentivize our consumer choices so that they are more sustainable by default.The roundtable brought together experts and stakeholders from across the Web3 ecosystem to discuss how various Web3 communities define and practice sustainability. The outcome of this roundtable resulted in the recently published report, Web3 and Sustainability: How We Can Reduce the Climate Impact of Blockchains; How Blockchains Can Help Reduce Our Own.
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In this edition, we’re excited to share updates on the launch of the OpenWallet Foundation, a new survey and reports from LF Research on Web3 Sustainability and Enterprise Open Source, and great deals on LF Training & Certification courses. As always, we’re keeping you updated on the latest community news and events.
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See Zephyr RTOS in Action at Embedded World on March 14-16 in Nuremberg, Germany SAN FRANCISCO, February 23, 2023 – Today, the Zephyr® Project announced that Blues Wireless, IRNAS, and Sternum have joined as Silver members just as the real-time operating system (RTOS) has hit widespread adoption in products. Members such as Google, Meta, Oticon […]
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In today’s digital age, open source development has become a vital component of software development. With more and more organizations relying on open source software for their operations, it is essential to have an effective and impactful enterprise open source development strategy in place.
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Strong performances from “Avatar”, “Pinocchio,” and “Top Gun: Maverick” lead the effects and animation pack in 2023, many of whose studios and digital effects companies use open source software.
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Image: IBM
The 2023 Call for Code program has been launched by Call for Code Creator, David Clark Cause, IBM, the United Nations Human Rights, and the Linux Foundation. This year, the program aims to challenge global developers, students, and startups to develop AI-powered technology projects that will address sustainability issues such as reducing pollution, improving resource management, and protecting biodiversity.
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