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Faster. Higher. Stronger. Together. With these golden lines, we witnessed the start of the first Olympics that is getting organized in an odd year, credits to which goes to COVID-19. There’s a lot of expectations attached to the Tokyo Olympics. But, here, Exhibit has come to discuss how technology is influencing this entire Olympics that is going on in the Land of the Rising Sun. Through this article, you will come to know in what domain technology is making its space in the Tokyo Olympics.

Clean Energy Enlightens

After signing the Paris Climate Agreement in the year 2015, many were feeling it as a utopian thought that clean energy can make a huge proportion that too in near times. But, you need to give credit to the Japanese, who have ensured that the Olympics Village in Tokyo gets electricity with the use of solar and wind energy. It means that every stadium is getting whatever power is from the wind that is blowing in the region, in addition to the Sun rays that show the first drop in the country every morning.

Winners Get Old Phones

What? And, will the winners happily accept it? That’s not worth considering the amount of effort they are pouring into every single match to come into the top three positions. Well, all you need is a bit of patience. For the Tokyo Olympics, this time, the medals have been formed by using the old phones. Experts have extracted the essential elements and metals like gold, silver, and copper from old cellular devices to transform them into medals. Through these devices, more than 5000 medals have been created. It depicts the environmental consciousness developed in recent times.

Reduce Reuse & Recycle

The Tokyo Olympics will surely create a legendary benchmark for future generations through which they can learn how to organize events by maintaining sustainable development and judicious use of resources. It’s known for sure that this gala of games will demand a huge number of sporting equipment and other essential gadgets. And, almost 99% of these goods have been made by recycling and reusing.

Driverless Taxis Take Me to the Stadium

Yeah, this will be another technical antique thing present during this Olympics. Many driverless taxis are running at present on the roads of Tokyo that can take you directly to the stadium. All you need is your smartphone, through which you will scan the code present on the doors of these taxis that will open the gate for you and let you get inside.

Hello, Let Me Translate it for You

Many robots installed in the Olympics village will assist in many things like translating the Japanese language into the language that you understand. If you want to bring your grandfather and grandmother to the stadium, who will bring baggage with them, these robots will help them take these bags.

Ohh Drone You Beauty

If you remove the word drone from the heading, you must have heard such statements many times during a cricket match commentary. But this, commentators, will attach such statements with drones. Why? Check the opening ceremony again and see what a bunch of 1800 drones did during the inauguration program. You will surely appreciate it.

Final Word

Technology has formed a perfect blend with the Tokyo Olympics and has clearly indicated what it can do when there is a good intention to serve the society without compromising with sustainable development and mitigating climate change.

Is it a hoax? Is it a pressing issue? Certainly, yes. Who should know? We should. This blog will incorporate a deeper look into this topic. Carbon footprint is the entire quantity of greenhouse gas emissions produced by a product or service during its manufacture, use, and disposal. It comprises carbon dioxide, the most prevalent gas released by humans, as well as other gases such as methane, nitrous oxide, and fluorinated gases, all of which trap heat in the atmosphere and contribute to global warming. Transportation, housing, and food account for the majority of an individual’s carbon footprint.

Some people do require this cosmic energy, which is expensive due to the cutthroat premise of proof-of-work blockchains. Cryptographic money exchanges are documented by a conveyed group of excavators, who are aided by block rewards rather than being saved in a central data store. These specialized computers are competing in a computational challenge to create new squares by solving cryptographic puzzles.

Cryptographic money proponents agree that this framework has a number of advantages over other monetary systems since it does not rely on a trusted intermediary or weak link. Regardless, the mining puzzles necessitate multiple energy-intensive calculations.

Because of the calculations required for mining, digital currencies consume a lot of energy. According to the most recent estimates, the network consumes as much energy in a year as in Argentina. China, which generates the majority of its energy from coal, is home to 65 percent of crypto diggers.

Supporters have downplayed the energy consumption of cryptocurrencies, claiming that mining operations tend to concentrate around areas with surplus renewable energy like solar energy.

Sun-based energy, which is a common fuel source, could only supply 40% of framework electricity before utilities were forced to cover key concerns with higher power bills. Regardless of whether mining is included in a close planetary system, energy suppliers – whether utilities or autonomous elements – can influence the exchange between power and mining expenses.

Solar is now the world’s cheapest energy source; however, it is experiencing deployment obstacles due to its intermittent power supply and system congestion. It’s a flexible load alternative that might help solve a lot of the grid’s intermittency and congestion issues by allowing networks to deploy a lot more renewable energy.

The more solar deployment will likely lower these generation technologies’ cost curves even further, bringing them closer to zero marginal cost energy production and zero carbon footprint.

The Levelized Cost of Energy (LCOE) for solar power has decreased by 71 percent over the previous decade, making sustainable power the most cost-effective and environmentally benign option. The current unsubsidized costs of solar power are 3-4 cents per kWh.

As a result, sun-oriented energy is currently less valuable than coal and gaseous gasoline. Sunlight-based crypto mining has reached cost parity with both geothermal and hydroelectric power, which are both relatively inexpensive at roughly 3-5 cents per kWh. Market experts have argued that success necessitates development but that this comes at the cost of environmental degradation, which is regrettable but inescapable. Our current situation is frequently viewed as an extra cost or a corporate externality. The production of air pollution as a result of ingesting petroleum derivatives is a negative externality.

Carbon sequestration by trees, on the other hand, is a positive externality. In our current financial situation, these externalities are not fully expressed. Anyway, there has been solid protection from this commodification and value labelling of nature. These arrangements are top-down and planned in an approach to restricting harm. They are built to contrarily build up individuals to do less awful.

Also read- https://www.exhibit.tech/crypto/revolutionizing-agriculture-with-blockchain/

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Blockchain mining with a carbon-free footprint