Enterprise blockchain adoption may grow as hybrid use cases evolve – TechCrunch

While crypto markets remain volatile, enterprise blockchain adoption is continuing to grow as businesses find new use cases for the technology, according to Daniela Barbosa, general manager of blockchain and identity and Hyperledger executive director at The Linux Foundation.

One of the biggest demands over the past two years has been “hybrid use cases,” Barbosa said. Some businesses are using layer-1 blockchains and permissioned distributed networks to meet business needs, she noted.

Hyperledger is an open source platform, derived from The Linux Foundation, that aims to help traditional industries like finance to use and deploy blockchain technology. It works with almost 150 organizations including crypto-native firms, traditional financial institutions, technology companies and retail businesses. Some of the foundation’s members include JP Morgan, IBM, American Express, CVS Health, Cisco, Visa, ConsenSys, Walmart and T-Mobile.

Businesses find the technology valuable “because they’re building networks, sometimes with competitors or peers, and using a distributed ledger helps facilitate business processes they have,” Barbosa noted.

Businesses can perform instant settlements and transact with privacy by showing third parties that a transaction occurred while omitting the internal details. “Distributed ledgers allow companies and competitors to work together in a trusted environment and still have that privacy element as well,” Barbosa added.

And the technology doesn’t just help big companies, but smaller businesses, too, Barbosa noted.

Supply chains using blockchain technology can benefit anyone from farmers to major businesses, she added.

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Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

PRESS RELEASE
Published January 29, 2023

The first blockchain project under the HyperLedger was HyperLedger Besu, as it can operate on the public blockchain.

Deploy HyperLedger Besu node is a Java-based Ethereum client known as Pantheon. A modular design of Hyperledger Besu and the platform’s focus is on open development and deployment.

This article is focused on the use cases of HyperLedger Besu, and the details are below –

Use Cases of HyperLedger Besu –

1. Creation of the World’s largest permissioned public blockchain –

The HyperLedger Foundation team worked with LACChain to solve the problem of permissioned public blockchain infrastructure through the usage of HyperLedger Besu.

The Inter-American Development Bank (IDB) struggled to find the right balance between permissionless public blockchains and permissioned private blockchains with different projects. Handling other networks comes with various issues like accountability, compliance, and technical support. And because of those challenges, IDB couldn’t expand the project into enterprise-level projects.

There is an Innovation Laboratory for IDB, which is named IDB Lab, which finds solutions to the problems of IDB. IDB Lab explored similar issues throughout Latin America and the Caribbean (LAC ).

The organization was looking for an alternative, and permissioned public networks seem like an answer which will benefit other blockchains without the drawbacks. Because a successful blockchain network already existed in the EU, IDB funded a project to create LACChain.

2. A platform to provide financial benefits –

One of the barriers to entry into the Crypto space is understanding Crypto assets. From buying the Crypto assets to safely transacting them on the blockchain network.

To solve this barrier, Public Mint, a Fintech firm with offices in the US, UK, and Europe, imagined a blockchain ecosystem that can be accessible by non-experts. The solution will help the companies to transact with the users quickly.

Initially, Public Mint began into fiat currencies. And the first challenge of the Public Mint was to unite the blockchain network with fiat currencies like the US dollar.

The Public Mint created its system in a way that when someone invests in the system, it makes a synthetic dollar, and when someone takes the synthetic dollar out of the Public Mint Wallet, it is destroyed.

The next challenge for the Public Mint was a selection of a technology stack. Thus, the company decided to go with Ethereum-based technology called Pantheon and now HyperLedger Besu.

The Public Mint provides an Ethereum-compatible blockchain without using its native cryptocurrency, Ether. They can do this because a fork was created out of HyperLedger Besu in the sense that the leading Ethereum network was running, but the network didn’t run on Ether; instead, it ran on US dollars. Thus, the developers of Public Mint can utilize its portal to reach a bigger audience by using USD.

Blockchain node hosting like Zeeve helps with the deployment of the HyperLedger Besu node.

Conclusion –

The HyperLedger Besu can help from permissioned public networks to help the companies with the Ethereum-based technology and upgrade them for enterprise-grade projects.

It can help in different sectors only if the company knows exactly where the problem is and what help they seek from HyperLedger Besu.

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

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TheExpressWire

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Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

PRESS RELEASE
Published January 29, 2023

The first blockchain project under the HyperLedger was HyperLedger Besu, as it can operate on the public blockchain.

Deploy HyperLedger Besu node is a Java-based Ethereum client known as Pantheon. A modular design of Hyperledger Besu and the platform’s focus is on open development and deployment.

This article is focused on the use cases of HyperLedger Besu, and the details are below –

Use Cases of HyperLedger Besu –

1. Creation of the World’s largest permissioned public blockchain –

The HyperLedger Foundation team worked with LACChain to solve the problem of permissioned public blockchain infrastructure through the usage of HyperLedger Besu.

The Inter-American Development Bank (IDB) struggled to find the right balance between permissionless public blockchains and permissioned private blockchains with different projects. Handling other networks comes with various issues like accountability, compliance, and technical support. And because of those challenges, IDB couldn’t expand the project into enterprise-level projects.

There is an Innovation Laboratory for IDB, which is named IDB Lab, which finds solutions to the problems of IDB. IDB Lab explored similar issues throughout Latin America and the Caribbean (LAC ).

The organization was looking for an alternative, and permissioned public networks seem like an answer which will benefit other blockchains without the drawbacks. Because a successful blockchain network already existed in the EU, IDB funded a project to create LACChain.

2. A platform to provide financial benefits –

One of the barriers to entry into the Crypto space is understanding Crypto assets. From buying the Crypto assets to safely transacting them on the blockchain network.

To solve this barrier, Public Mint, a Fintech firm with offices in the US, UK, and Europe, imagined a blockchain ecosystem that can be accessible by non-experts. The solution will help the companies to transact with the users quickly.

Initially, Public Mint began into fiat currencies. And the first challenge of the Public Mint was to unite the blockchain network with fiat currencies like the US dollar.

The Public Mint created its system in a way that when someone invests in the system, it makes a synthetic dollar, and when someone takes the synthetic dollar out of the Public Mint Wallet, it is destroyed.

The next challenge for the Public Mint was a selection of a technology stack. Thus, the company decided to go with Ethereum-based technology called Pantheon and now HyperLedger Besu.

The Public Mint provides an Ethereum-compatible blockchain without using its native cryptocurrency, Ether. They can do this because a fork was created out of HyperLedger Besu in the sense that the leading Ethereum network was running, but the network didn’t run on Ether; instead, it ran on US dollars. Thus, the developers of Public Mint can utilize its portal to reach a bigger audience by using USD.

Blockchain node hosting like Zeeve helps with the deployment of the HyperLedger Besu node.

Conclusion –

The HyperLedger Besu can help from permissioned public networks to help the companies with the Ethereum-based technology and upgrade them for enterprise-grade projects.

It can help in different sectors only if the company knows exactly where the problem is and what help they seek from HyperLedger Besu.

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

WRITTEN BY

TheExpressWire

Related:

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Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

PRESS RELEASE
Published January 29, 2023

The first blockchain project under the HyperLedger was HyperLedger Besu, as it can operate on the public blockchain.

Deploy HyperLedger Besu node is a Java-based Ethereum client known as Pantheon. A modular design of Hyperledger Besu and the platform’s focus is on open development and deployment.

This article is focused on the use cases of HyperLedger Besu, and the details are below –

Use Cases of HyperLedger Besu –

1. Creation of the World’s largest permissioned public blockchain –

The HyperLedger Foundation team worked with LACChain to solve the problem of permissioned public blockchain infrastructure through the usage of HyperLedger Besu.

The Inter-American Development Bank (IDB) struggled to find the right balance between permissionless public blockchains and permissioned private blockchains with different projects. Handling other networks comes with various issues like accountability, compliance, and technical support. And because of those challenges, IDB couldn’t expand the project into enterprise-level projects.

There is an Innovation Laboratory for IDB, which is named IDB Lab, which finds solutions to the problems of IDB. IDB Lab explored similar issues throughout Latin America and the Caribbean (LAC ).

The organization was looking for an alternative, and permissioned public networks seem like an answer which will benefit other blockchains without the drawbacks. Because a successful blockchain network already existed in the EU, IDB funded a project to create LACChain.

2. A platform to provide financial benefits –

One of the barriers to entry into the Crypto space is understanding Crypto assets. From buying the Crypto assets to safely transacting them on the blockchain network.

To solve this barrier, Public Mint, a Fintech firm with offices in the US, UK, and Europe, imagined a blockchain ecosystem that can be accessible by non-experts. The solution will help the companies to transact with the users quickly.

Initially, Public Mint began into fiat currencies. And the first challenge of the Public Mint was to unite the blockchain network with fiat currencies like the US dollar.

The Public Mint created its system in a way that when someone invests in the system, it makes a synthetic dollar, and when someone takes the synthetic dollar out of the Public Mint Wallet, it is destroyed.

The next challenge for the Public Mint was a selection of a technology stack. Thus, the company decided to go with Ethereum-based technology called Pantheon and now HyperLedger Besu.

The Public Mint provides an Ethereum-compatible blockchain without using its native cryptocurrency, Ether. They can do this because a fork was created out of HyperLedger Besu in the sense that the leading Ethereum network was running, but the network didn’t run on Ether; instead, it ran on US dollars. Thus, the developers of Public Mint can utilize its portal to reach a bigger audience by using USD.

Blockchain node hosting like Zeeve helps with the deployment of the HyperLedger Besu node.

Conclusion –

The HyperLedger Besu can help from permissioned public networks to help the companies with the Ethereum-based technology and upgrade them for enterprise-grade projects.

It can help in different sectors only if the company knows exactly where the problem is and what help they seek from HyperLedger Besu.

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

WRITTEN BY

TheExpressWire

Related:

  • No Related Posts

Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

PRESS RELEASE
Published January 29, 2023

The first blockchain project under the HyperLedger was HyperLedger Besu, as it can operate on the public blockchain.

Deploy HyperLedger Besu node is a Java-based Ethereum client known as Pantheon. A modular design of Hyperledger Besu and the platform’s focus is on open development and deployment.

This article is focused on the use cases of HyperLedger Besu, and the details are below –

Use Cases of HyperLedger Besu –

1. Creation of the World’s largest permissioned public blockchain –

The HyperLedger Foundation team worked with LACChain to solve the problem of permissioned public blockchain infrastructure through the usage of HyperLedger Besu.

The Inter-American Development Bank (IDB) struggled to find the right balance between permissionless public blockchains and permissioned private blockchains with different projects. Handling other networks comes with various issues like accountability, compliance, and technical support. And because of those challenges, IDB couldn’t expand the project into enterprise-level projects.

There is an Innovation Laboratory for IDB, which is named IDB Lab, which finds solutions to the problems of IDB. IDB Lab explored similar issues throughout Latin America and the Caribbean (LAC ).

The organization was looking for an alternative, and permissioned public networks seem like an answer which will benefit other blockchains without the drawbacks. Because a successful blockchain network already existed in the EU, IDB funded a project to create LACChain.

2. A platform to provide financial benefits –

One of the barriers to entry into the Crypto space is understanding Crypto assets. From buying the Crypto assets to safely transacting them on the blockchain network.

To solve this barrier, Public Mint, a Fintech firm with offices in the US, UK, and Europe, imagined a blockchain ecosystem that can be accessible by non-experts. The solution will help the companies to transact with the users quickly.

Initially, Public Mint began into fiat currencies. And the first challenge of the Public Mint was to unite the blockchain network with fiat currencies like the US dollar.

The Public Mint created its system in a way that when someone invests in the system, it makes a synthetic dollar, and when someone takes the synthetic dollar out of the Public Mint Wallet, it is destroyed.

The next challenge for the Public Mint was a selection of a technology stack. Thus, the company decided to go with Ethereum-based technology called Pantheon and now HyperLedger Besu.

The Public Mint provides an Ethereum-compatible blockchain without using its native cryptocurrency, Ether. They can do this because a fork was created out of HyperLedger Besu in the sense that the leading Ethereum network was running, but the network didn’t run on Ether; instead, it ran on US dollars. Thus, the developers of Public Mint can utilize its portal to reach a bigger audience by using USD.

Blockchain node hosting like Zeeve helps with the deployment of the HyperLedger Besu node.

Conclusion –

The HyperLedger Besu can help from permissioned public networks to help the companies with the Ethereum-based technology and upgrade them for enterprise-grade projects.

It can help in different sectors only if the company knows exactly where the problem is and what help they seek from HyperLedger Besu.

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

WRITTEN BY

TheExpressWire

Related:

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Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

PRESS RELEASE
Published January 29, 2023

The first blockchain project under the HyperLedger was HyperLedger Besu, as it can operate on the public blockchain.

Deploy HyperLedger Besu node is a Java-based Ethereum client known as Pantheon. A modular design of Hyperledger Besu and the platform’s focus is on open development and deployment.

This article is focused on the use cases of HyperLedger Besu, and the details are below –

Use Cases of HyperLedger Besu –

1. Creation of the World’s largest permissioned public blockchain –

The HyperLedger Foundation team worked with LACChain to solve the problem of permissioned public blockchain infrastructure through the usage of HyperLedger Besu.

The Inter-American Development Bank (IDB) struggled to find the right balance between permissionless public blockchains and permissioned private blockchains with different projects. Handling other networks comes with various issues like accountability, compliance, and technical support. And because of those challenges, IDB couldn’t expand the project into enterprise-level projects.

There is an Innovation Laboratory for IDB, which is named IDB Lab, which finds solutions to the problems of IDB. IDB Lab explored similar issues throughout Latin America and the Caribbean (LAC ).

The organization was looking for an alternative, and permissioned public networks seem like an answer which will benefit other blockchains without the drawbacks. Because a successful blockchain network already existed in the EU, IDB funded a project to create LACChain.

2. A platform to provide financial benefits –

One of the barriers to entry into the Crypto space is understanding Crypto assets. From buying the Crypto assets to safely transacting them on the blockchain network.

To solve this barrier, Public Mint, a Fintech firm with offices in the US, UK, and Europe, imagined a blockchain ecosystem that can be accessible by non-experts. The solution will help the companies to transact with the users quickly.

Initially, Public Mint began into fiat currencies. And the first challenge of the Public Mint was to unite the blockchain network with fiat currencies like the US dollar.

The Public Mint created its system in a way that when someone invests in the system, it makes a synthetic dollar, and when someone takes the synthetic dollar out of the Public Mint Wallet, it is destroyed.

The next challenge for the Public Mint was a selection of a technology stack. Thus, the company decided to go with Ethereum-based technology called Pantheon and now HyperLedger Besu.

The Public Mint provides an Ethereum-compatible blockchain without using its native cryptocurrency, Ether. They can do this because a fork was created out of HyperLedger Besu in the sense that the leading Ethereum network was running, but the network didn’t run on Ether; instead, it ran on US dollars. Thus, the developers of Public Mint can utilize its portal to reach a bigger audience by using USD.

Blockchain node hosting like Zeeve helps with the deployment of the HyperLedger Besu node.

Conclusion –

The HyperLedger Besu can help from permissioned public networks to help the companies with the Ethereum-based technology and upgrade them for enterprise-grade projects.

It can help in different sectors only if the company knows exactly where the problem is and what help they seek from HyperLedger Besu.

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

WRITTEN BY

TheExpressWire

Related:

  • No Related Posts

Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

PRESS RELEASE
Published January 29, 2023

The first blockchain project under the HyperLedger was HyperLedger Besu, as it can operate on the public blockchain.

Deploy HyperLedger Besu node is a Java-based Ethereum client known as Pantheon. A modular design of Hyperledger Besu and the platform’s focus is on open development and deployment.

This article is focused on the use cases of HyperLedger Besu, and the details are below –

Use Cases of HyperLedger Besu –

1. Creation of the World’s largest permissioned public blockchain –

The HyperLedger Foundation team worked with LACChain to solve the problem of permissioned public blockchain infrastructure through the usage of HyperLedger Besu.

The Inter-American Development Bank (IDB) struggled to find the right balance between permissionless public blockchains and permissioned private blockchains with different projects. Handling other networks comes with various issues like accountability, compliance, and technical support. And because of those challenges, IDB couldn’t expand the project into enterprise-level projects.

There is an Innovation Laboratory for IDB, which is named IDB Lab, which finds solutions to the problems of IDB. IDB Lab explored similar issues throughout Latin America and the Caribbean (LAC ).

The organization was looking for an alternative, and permissioned public networks seem like an answer which will benefit other blockchains without the drawbacks. Because a successful blockchain network already existed in the EU, IDB funded a project to create LACChain.

2. A platform to provide financial benefits –

One of the barriers to entry into the Crypto space is understanding Crypto assets. From buying the Crypto assets to safely transacting them on the blockchain network.

To solve this barrier, Public Mint, a Fintech firm with offices in the US, UK, and Europe, imagined a blockchain ecosystem that can be accessible by non-experts. The solution will help the companies to transact with the users quickly.

Initially, Public Mint began into fiat currencies. And the first challenge of the Public Mint was to unite the blockchain network with fiat currencies like the US dollar.

The Public Mint created its system in a way that when someone invests in the system, it makes a synthetic dollar, and when someone takes the synthetic dollar out of the Public Mint Wallet, it is destroyed.

The next challenge for the Public Mint was a selection of a technology stack. Thus, the company decided to go with Ethereum-based technology called Pantheon and now HyperLedger Besu.

The Public Mint provides an Ethereum-compatible blockchain without using its native cryptocurrency, Ether. They can do this because a fork was created out of HyperLedger Besu in the sense that the leading Ethereum network was running, but the network didn’t run on Ether; instead, it ran on US dollars. Thus, the developers of Public Mint can utilize its portal to reach a bigger audience by using USD.

Blockchain node hosting like Zeeve helps with the deployment of the HyperLedger Besu node.

Conclusion –

The HyperLedger Besu can help from permissioned public networks to help the companies with the Ethereum-based technology and upgrade them for enterprise-grade projects.

It can help in different sectors only if the company knows exactly where the problem is and what help they seek from HyperLedger Besu.

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

WRITTEN BY

TheExpressWire

Related:

  • No Related Posts

Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

PRESS RELEASE
Published January 29, 2023

The first blockchain project under the HyperLedger was HyperLedger Besu, as it can operate on the public blockchain.

Deploy HyperLedger Besu node is a Java-based Ethereum client known as Pantheon. A modular design of Hyperledger Besu and the platform’s focus is on open development and deployment.

This article is focused on the use cases of HyperLedger Besu, and the details are below –

Use Cases of HyperLedger Besu –

1. Creation of the World’s largest permissioned public blockchain –

The HyperLedger Foundation team worked with LACChain to solve the problem of permissioned public blockchain infrastructure through the usage of HyperLedger Besu.

The Inter-American Development Bank (IDB) struggled to find the right balance between permissionless public blockchains and permissioned private blockchains with different projects. Handling other networks comes with various issues like accountability, compliance, and technical support. And because of those challenges, IDB couldn’t expand the project into enterprise-level projects.

There is an Innovation Laboratory for IDB, which is named IDB Lab, which finds solutions to the problems of IDB. IDB Lab explored similar issues throughout Latin America and the Caribbean (LAC ).

The organization was looking for an alternative, and permissioned public networks seem like an answer which will benefit other blockchains without the drawbacks. Because a successful blockchain network already existed in the EU, IDB funded a project to create LACChain.

2. A platform to provide financial benefits –

One of the barriers to entry into the Crypto space is understanding Crypto assets. From buying the Crypto assets to safely transacting them on the blockchain network.

To solve this barrier, Public Mint, a Fintech firm with offices in the US, UK, and Europe, imagined a blockchain ecosystem that can be accessible by non-experts. The solution will help the companies to transact with the users quickly.

Initially, Public Mint began into fiat currencies. And the first challenge of the Public Mint was to unite the blockchain network with fiat currencies like the US dollar.

The Public Mint created its system in a way that when someone invests in the system, it makes a synthetic dollar, and when someone takes the synthetic dollar out of the Public Mint Wallet, it is destroyed.

The next challenge for the Public Mint was a selection of a technology stack. Thus, the company decided to go with Ethereum-based technology called Pantheon and now HyperLedger Besu.

The Public Mint provides an Ethereum-compatible blockchain without using its native cryptocurrency, Ether. They can do this because a fork was created out of HyperLedger Besu in the sense that the leading Ethereum network was running, but the network didn’t run on Ether; instead, it ran on US dollars. Thus, the developers of Public Mint can utilize its portal to reach a bigger audience by using USD.

Blockchain node hosting like Zeeve helps with the deployment of the HyperLedger Besu node.

Conclusion –

The HyperLedger Besu can help from permissioned public networks to help the companies with the Ethereum-based technology and upgrade them for enterprise-grade projects.

It can help in different sectors only if the company knows exactly where the problem is and what help they seek from HyperLedger Besu.

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Where is the use cases in this article??? Explain The Use Cases Of Hyperledger Besu

WRITTEN BY

TheExpressWire

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The Linux Foundation Reflects on Open Source’s Role in Climate Change Challenges

At the UN’s COP27 climate summit in November, “observer status” was granted to representatives from the Linux Foundation’s nonprofit Green Software Foundation, and from its Hyperledger Foundation, a not-for-profit umbrella project for open source blockchains and related tools.

So what happened? From the Linux Foundation’s blog:At COP27, one thing that was clear to many is that the complexity of the climate crisis and the pace of change needed will require open source approaches to problem-solving and information sharing — only then will we achieve the required global collaboration to collectively reduce carbon emissions and adapt our communities to survive extreme climate events. We believe that the Linux and Hyperledger Foundations have a role to play in this quickly evolving ecosystem….

The Linux Foundation is committed to exploring how open source data models, standards, and technologies can enable a decarbonized economy. The lessons we learned at COP27 clarified that there is a crucial opportunity for us to contribute to this effort by developing open source solutions that provide accurate, curated, up-to-date, accessible, and interoperable emissions data, as well as open source tools that enable asset owners, asset managers, banks, and real economy companies to accelerate Net Zero-aligned resilient investment and finance in the companies and projects that are climate-sustainable; enable real economy companies to accelerate their transition through Paris-aligned R&D, product development, and CapEx; provide regulators the information needed to manage systemic risk across the economy; empower policymakers and civil society to press for change more effectively.

We are excited to be part of this important movement! By taking a leadership role in this space with our projects, standards, and protocols, we hope to support global climate action in meaningful ways.

The blog post also shared an update from the representative from the Green Software Foundation, a non-profit creating “a trusted ecosystem of people, standards, tooling and best practices for green software.” [T]the tech sector has a significant carbon footprint comparable to the shipping industry. For digital technologies to be true enablers for emissions reductions, there’s a clear need to ensure that when we replace a process with a digitized one, it gets us closer to our climate targets.


To support this end, at COP27, Green Software announced several initiatives to support this goal, from a free, certified Green Software for Practitioners course, as well as the Software Carbon Intensity specification, a standardized protocol to measure the carbon emissions of software to achieve wide industry and academic adoption, a pattern library for engineers to adopt in their own software designs, along with a month-long global hackathon, Carbonhack, demonstrating these techniques and the impact they can have in reducing emissions from information technologies.

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