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Dual Impact of Crypto Industry Technologies on the Energy Poverty

Чижевська, М.Б.

Recent years have been important for the active development of blockchain and cryptocurrency. The industry is constantly in the top news. The last half of 2021 brought us another trend: the metaverse (or metauniverse, as some prefer). To combine our real life, work, and exciting technology, the metaverse has captured the public imagination. In the work, the authors emphasize that, even though the metaverse is still at the beginning of its development, crypto is already playing a central role. The metaverse is growing at a rapid pace, projects continue to evolve to connect more aspects of our digital lives and blockchain plays a crucial role in this development. The paper states that the potential of this technology is expected to be growing in the coming years, in particular in solving the problem of free access to the energy market for small producers. This will not require a lot of computing power but instead can bring significant energy savings, considerably impacting the reduction of energy poverty

English

2023-02-28

blockchain

Київський університет імені Бориса Грінченка

Dual Impact of Crypto Industry Technologies on the Energy Poverty / M. Chyzhevska, N. Romanovska, A. Ramskyi, V. Venger, A. Desiatko // CPITS 2023: Workshop on Cybersecurity Providing in Information and Telecommunication Systems, February 28, 2023. – Kyiv, 2023. – Vol. 3421. – P. 293–299.