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UBIRCH: Sustainability and Blockchain can be Compatible

Stephan Noller, CEO of UBIRCH, chats to Matt Hatton of Transforma Insights in this short interview as part of this exclusive series on the sustainability of emerging technologies for 6GWorld.

UBIRCH is a cybersecurity company using blockchain systems to secure IoT data. Blockchain has a reputation for being environmentally unfriendly; can it be a force for good, however?

Transforma Insights: Sustainability in New & Emerging Technologies

Sponsored by InterDigital, Transforma Insights' new report shows the impact that emerging technologies will have on sustainability within the telecoms sector and other sectors. The cost-benefits are complex and vary significantly, but overall digitalisation should support a much smaller ecological footprint.

In total, new technologies such as Artificial Intelligence and the Internet of Things will save approaching 1.8 PWh of electricity in 2030, and an additional 3.5 PWh of (hydrocarbon) fuel use, resulting in total savings of 5.3 PWh of energy. Offset against this benefit is 653TWh of electricity consumption required to power solutions deployed using new technologies.

For comparison, the total electricity consumption of the global ICT industry is forecast to increase to around 8 PWh by 2030, meaning that together new technologies will generate energy savings equal to around 58% of the total power consumption of the ICT industry.

Download the whole report here.

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