Web3 and Sustainability

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The promise of digital asset ownership and transfer through Web3 technologies has been countered with concern for its significant energy consumption. To manage this sustainability issue while still encouraging innovation requires collective action on technology, tracking, and policy.

In the summer of 2022, Intel and the Linux Foundation hosted a roundtable of stakeholders from across the Web3 ecosystem to discuss how various communities define and practice sustainability. The roundtable discussed solutions across different dimensions, such as more computationally efficient blockchains, the use of green energy, and implementing technical and accounting standards. The report summarizes three areas of action: governance of ecosystems, cultivation of knowledge, and greater advocacy for infrastructure innovation.

Author: Kirsten Sandberg

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Open source communities are at the heart of an explosion of technical innovation, where industry leaders, engineers, and end users are collectively creating and improving the digital infrastructure on which the global economy depends.

With an extensive community of members, connections with thousands of companies, and hundreds of thousands of open source contributors, professionals, solution providers, and users, the Linux Foundation is in a unique position to investigate the growing scale of open source collaboration, and provide insights into emerging technology trends, best practices, and global impact of open source projects.

By leveraging project databases and networks, and through a commitment to best practices in quantitative and qualitative methodologies, Linux Foundation Research is designed to be the go-to repository for open source insights for the benefit of organizations and governments the world over.