Article: The energy ecosystem should move to make the ‘energy internet’ a reality

Hardware, Innovation, Web 3.0

The energy ecosystem should move to make the ‘energy internet’ a reality

These are just a few of the myriad ways in which an open, any-to-any energy internet will promote innovation, stimulate competition and generate big wins. No one can predict exactly what those big wins will be, but there will surely be many, and they will accrue to the benefit of all.

That’s why even without a crystal ball, we should all commit ourselves to digitalization, decentralization, decarbonization, democratization and diversity. In so doing, we’ll build the energy internet together, and enable a fair, affordable and clean energy future.

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Article: Balancing data rights is about protecting human rights

Data, Open Source

Balancing data rights is about protecting human rights 

Governments and their citizens can no longer avoid these questions, as we work together to tackle climate change, racial injustice, gender inequality and other defining challenges of our age. We need to establish policies and practices that show how to govern data for the public good, while keeping those in power in check. This kind of commitment can help restore public trust and maximize benefits, from closing gender and racial gaps to dealing effectively with future pandemics. It will not be easy, but it will be worth it.

Article: Open data will catalyse the UK’s progress to net-zero

Data, Governance, Open Source

Open data will catalyse the UK’s progress to net-zero

A similar ‘pooling’ of data is needed to help us reach net-zero emissions targets, said Starks. “When it comes to energy distribution in the United Kingdom, for instance, we have large power stations, innumerable wind turbines, and countless microgeneration solar panels. At the consumer level, there are smart meters, too. So, in practice we’ve got millions of data bits flying around at any given moment, within a highly complex ecosystem. The breadth of available information is increasing exponentially.”

This will create challenges in the future for the UK. For example, how will local authorities digest the data effectively, in order to plan the installation of environmentally friendly heat pumps? How will they know whether there’s enough capacity on the local energy grid, and what the transmission constraints are? Bringing all the necessary information together is, and will be, incredibly complex. Clearly, improved access and sharing of the relevant data is essential to country-level sustainable transitions, and to delivering the green industrial revolution.

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Article: How blockchain technology is fixing payments today and what comes next

Blockchain, Innovation, Money

How blockchain technology is fixing payments today and what comes next

Once we recognize that the blockchain future we’ve all been dreaming about is actually here, right now, we have to ask ourselves whether we are creating long-term solutions

Open networks allow innovation from the many rather than the few. Open networks ensure that anyone can build upon, improve and challenge the technology and push the market to consider the next idea. Open networks promise interoperability and allow for continual ideation and progression. If we were to start building this technology in a silo, on closed networks that can’t work together, we would risk putting ourselves right back where we started. By working together in the open to connect traditional financial rails with digital ones, we can reap the benefits and work through shared challenges.

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Article: Blockchain Applications and the War for Talent

Blockchain, Innovation

Blockchain Applications and the War for Talent

New and emerging blockchain-enabled technology solutions will enable more progressive ways of designing employee rewards and more effective ways of managing employees and contractors. As companies seek to gain a competitive edge emerging from the global pandemic, blockchain technology can be a  tool for employers to differentiate themselves and win the war for talent.

It is time for finance and HR executives to explore how these technologies may play a role in improving the effectiveness of human capital management and ultimately driving long-term value creation.

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Article: What if we Gave Users Control of Their Own Digital Identity?

Decentralized Internet, Web 3.0

What if we Gave Users Control of Their Own Digital

This is sometimes called decentralized or self-sovereign identity and it represents a radical shift in the power dynamic between service providers, identity providers and users.

It’s not just a pipe dream either – but a rising current in the sector. In early 2020, Gartner proposed that “decentralized identity and the renewed interest in protecting privacy and data ownership will be transformational. There is a reasonable indication that the winners in the next decade will be those that figure out the new formulas for adopting a decentralized identity.”

Decentralized identity could put users in control of their own identity. It reduces their level of risk when the next mega breach hits, releases businesses from the burden of storing personal information and as a result, improves compliance with privacy regulations.

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Article: Proximity announces strategic relationship with ITS Technology Group to deliver fibre network

Dark Fiber, Hardware

Proximity announces strategic relationship with ITS Technology Group to deliver fibre network

John Hall, Managing Director – Colocation, Proximity Data Centres, said: “Diverse, high-speed carrier fibre networks connected to high-quality Edge colocation data centres like Proximity’s are going to be essential for ensuring thousands of businesses in the Liverpool City Region get reliable access to low latency, highly responsive applications and services. The dark fibre infrastructure is pivotal to all of this and we are therefore delighted to support ITS in bringing this game-changing project to fruition.

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Article: Digitalization of Energy in the IIoT Era

Hardware, Open Source, Software

Digitalization of Energy in the IIoT Era

In Tesla’s VPP vision, digital twin models represent various Internet of Things (IoT) elements. The digital twin modelling software is based on two essential open-source projects: Kubernetes and Akka. Breck clarified that the combination of Akka and Kubernetes is essential as the first can handle more major failures the second can handle minor (or in need of fine approach).

We definitely live through interesting times and it seems that the future is much closer than it looked before, mainly thanks to companies dedicating much effort to innovate and crate breakthroughs. There is a saying about modern problems needing modern solutions, but this does not necessarily apply in this case. We have an old problem and solutions coming from the future; we just hope that they will soon collide and provide the best possible outcome for the planet and Humanity as a whole.

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Article: The positive impact of continuous IoT-enabled connectivity on supply chains

Data, Hardware

The positive impact of continuous IoT-enabled connectivity on supply chains

The Continuously Connected Supply Chain revolves around one single solution: attaching a discreet IoT device that tracks goods in real-time, transmitting critical data such as temperature and location, allowing for an alert or notification to be sent the moment any of the necessary parameters cannot be met.

Currently, only vehicles and shipping containers connected through GPS trackers give any oversight of where items are at different points in the journey. But thus far the tracking of individual goods has yet to materialise; without access to this real-time data, inbound goods can be easily decoupled from outbound. In the absence of individual product tracking some businesses also become victim to criminal activity and miss the opportunity to take corrective measures through the rapid responses or systemic changes that tracking through IoT permits.

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Article: How Can Blockchain Technology Help the Gambling Industry?

Blockchain, Innovation

How Can Blockchain Technology Help the Gambling Industry?

Blockchain could help the gambling industry because it is a transparent technology. If casinos implemented blockchain, the wins, losses, and transactions would be recorded. Punters could also see the payout of a specific game. Anonymity is another aspect of blockchain and how if applied to the gambling world, more trust could form between players and operators. Blockchain technology could provide players with the chance to hide their identity through the use of payment wallets. Blockchain transaction process times are also very fast, which could help the entire online gambling sector see improvements.

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