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‘Ethereum Fails’ Without These 3 Changes, Says Vitalik Buterin – Decrypt

If Ethereum is to expand how it's used, it will need to undergo three major transitions or risk undermining its own future, said Ethereum co-founder Vitalik Buterin.

In a blog post published on Friday, Buterin laid out his ideas for what it will take to help Ethereum mature if it is to expand in use. Calling them The Three Transitions, Buterin said they would need to evolve around transitions in layer-2, or L2, scaling solutions, a move to smart contract wallets, and greater privacy for fund transfers.

Buterins proposals bump into what has been called the "blockchain trilemma." A blockchain's most important traits are being decentralized, secure, and scalable, but it can only usually achieve two of these three.

To overcome this, Buterin said that it is acknowledged that these transitions would be challenging to coordinate, but said they were needed for Ethereum to survive.

Of the three, Buterin singled out a need to expand use of L2 solutions called rollups as an important part of this transition. An ordinary L2 function processes transactions off of the main Ethereum blockchain, or the L1.

A rollup is a scaling solution that bundles these transactions and then validates a proof of them as a much smaller piece of data on the mainnet to keep it from getting too clogged. As a result, the cost of an Ethereum transaction can be lower.

"Layer 2s are critical to the success of Ethereums vision of the world computer. Without L2s, Ethereum wont scale," CEO of OP Labs and co-founder of Ethereum scaler Optimism Karl Floersch told Decrypt. "Without scale, Ethereum will never be able to support the worlds compute demand, and until the worlds compute is fully supported, we cant fully realize Ethereums vision."

Critically, said Buterin, the version of Ethereum that does not address the move to rollups "fails," adding that transaction costs would only surge in the face of a bull run and encourage more centralization on its blockchain.

"The solution isn't simply 'move users off of mainnet.' Rather, the solution lies in extending the capabilities of the Ethereum network," Floersch said. "This means that instead of thinking about it as a migration from mainnet, we can think about it as load balancing the demand for Ethereum mainnet with other highly secure OP chains."

Eli Ben-Sasson, co-founder of the Israeli-based company StarkWare behind layer-2 scaling solutions StarkEx and StarkNet, said Buterin was right in his diagnosis of what it would take to see an expanded Ethereum.

He said his company was already using the smart contract wallets as part of its StarkNet, and believes more of this type of scaling is over the horizon.

Having the leadership from Vitalik which both appreciates the excitement of this moment and urges the community to get on board is a big part of what will propel Ethereums success, Ben-Sasson told Decrypt.

Buterin said the move to smart contract wallets has some "technical issues" to work through but is "not a large burden" to address.

With a smart contract, contracts automatically execute their terms when predefined conditions are met, and Buterin said they would make some processes easier like covering transactions for non-ETH tokens.

Of the three transitions, Buterin expressed concern that meeting privacy concerns would be among the bigger challenges. He said that without enough data privacy measures in place, users concerned about this will stay away from Ethereum.

Without [privacy], Ethereum fails because having all transactions available publicly for literally anyone to see is far too high a privacy sacrifice for many users," said Buterin.

To address this, Buterin suggested using "stealth address" to help protect user identities, but these methods are still maturing because of issues around cost and functionality.

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'Ethereum Fails' Without These 3 Changes, Says Vitalik Buterin - Decrypt

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How Is Fragmented Blockchain Interoperability Solved By LayerZero … – Cryptopolitan

LayerZero is an innovative protocol that solves the blockchain ecosystems most significant challenge: interoperability. With the proliferation of blockchains, developers have a variety of platforms on which to run their smart contracts, but this freedom has come at a cost. Each chain is isolated, forcing users to silo their liquidity and limiting their options to move liquidity and state between walled ecosystems. LayerZero presents a solution to this problem by providing a trustless omnichain interoperability protocol that enables direct transactions across all chains.

Blockchain fragmentation refers to the existence of multiple separate and independent blockchain networks that operate in isolation. It arises because of the proliferation of blockchains, each with rules, consensus mechanisms, and protocols. As a result, these fragmented blockchains are not inherently interoperable, making it challenging to communicate seamlessly, transfer assets, or share data between them.

Blockchain fragmentation occurs because of various factors, including pursuing specific use cases, scalability limitations, governance models, and diverging design choices. For instance, Ethereum, Binance Smart Chain, and Polkadot are examples of blockchain networks that operate independently and are considered fragmented. Each network has its own set of features, token standards, and community ecosystems, which can hinder interoperability and collaboration.

The lack of standardized protocols and conventions across fragmented blockchains further contributes to the challenge. Interacting with multiple blockchains often requires the implementation of specific bridges or middleware to establish compatibility and facilitate communication between them.

Here are the obstacles presented by Blockchain fragmentation:

Blockchain fragmentation creates siloed ecosystems where different blockchain networks operate independently, hindering interoperability. These isolated chains impede the seamless transfer of assets and data across platforms. For example, consider the fragmented landscape of various public blockchains like Ethereum, Binance Smart Chain, and Polkadot. Interoperability between these networks is often complex and requires specific bridges or middleware.

Fragmentation limits the efficiency of asset transfers between blockchains. Each blockchain typically supports its native tokens, and transferring assets between chains involves multiple steps, exchanges, and associated costs. This fragmentation hinders the fluid movement of assets and complicates cross-chain transactions. As a result, users need help to navigate fragmented ecosystems and execute seamless asset transfers.

Blockchain fragmentation leads to the creation of data silos, where vital information is scattered across multiple chains. This fragmentation restricts access to comprehensive and unified data, making it challenging for applications and services to leverage the full potential of blockchain technology. Additionally, redundant data storage across fragmented chains consumes additional resources, impacting scalability and efficiency.

Fragmented blockchains lack standardized protocols and conventions, making it difficult to establish a common framework for interoperability. Each blockchain network follows its rules, consensus mechanisms, and smart contract languages, requiring significant effort to bridge the differences and facilitate seamless communication. This lack of standardization further complicates achieving interoperability.

LayerZero presents a solution to the problem of blockchain fragmentation by providing a trustless omnichain interoperability protocol. An omnichain interoperability protocol refers to a protocol or framework that facilitates seamless communication, interaction, and interoperability among multiple blockchain networks, regardless of their specific characteristics or underlying technologies. The term omnichain signifies the ability to operate across various chains, including public, private, and consortium blockchains.

The concept of omnichain interoperability recognizes the diverse landscape of blockchain networks and the need for cohesive frameworks that enable them to work together effectively. By transcending individual blockchain boundaries, an omnichain interoperability protocol paves the way for new opportunities, innovation, and realizing the full potential of decentralized systems across various sectors, including finance, supply chain, healthcare, and more.

At the core of LayerZero is an assertive, low-level communication primitive upon which a diverse set of cross-chain applications can be built. Using this primitive, developers can implement seamless inter-chain applications, like a cross-chain DEX or multi-chain yield aggregator. This enables users to merge fragmented pockets of liquidity while entirely using applications on separate chains.

One of the key features of LayerZero is its trustless nature. The protocol does not require users to trust any central entity or intermediate token. Instead, it leverages two independent, untrusted off-chain entities an Oracle and a Relayer to achieve valid delivery without requiring costly cross-chain state machine replication or intermediary tokens.

LayerZero comprises several essential components that work in tandem to facilitate trustless omnichain interoperability. These components include the LayerZero Endpoints, an Oracle, and a Relayer.

LayerZero Endpoints serve as the interface between the user and LayerZero. Each chain within the LayerZero network has its own LayerZero Endpoint, which is implemented as a series of on-chain smart contracts. The purpose of an Endpoint is to enable users to send messages via the LayerZero protocol backend, ensuring accurate delivery. A LayerZero Endpoint is divided into four modules: Communicator, Validator, Network, and Libraries. The core functionality of the Endpoint is provided by the Communicator, Validator, and Network modules, while support for new chains is added through additional Libraries.

The Oracle is a third-party service responsible for independently retrieving a block header from one chain and transmitting it to another. In practice, LayerZero uses applications like Chainlink, a leading provider of decentralized oracle networks.

The Relayer is an off-chain service that functions similarly to an Oracle. However, instead of retrieving block headers, it retrieves proof for a specified transaction. To ensure accurate delivery, it is required that the Oracle and Relayer be independent of each other for any message sent using the LayerZero protocol.

By utilizing these components within a carefully designed protocol, LayerZero can deliver messages accurately between different chains with no costly cross-chain state machine replication or intermediary tokens.

The LayerZero protocol includes several steps to ensure the accurate delivery of messages between chains. Here is a description of the steps involved in the valid delivery of a single LayerZero message based on the projects whitepaper:

Here is a more straightforward explanation:

When a User Application sends a transaction from chain A to chain B, the transaction is routed through the endpoint on chain A. The endpoint notifies the User Application specified Oracle and Relayer of the transaction and its destination chain.

The Oracle sends the block header to the endpoint on chain B, following which the Relayer presents the transaction proof. The destination chain validates the proof, and the transaction is forwarded to the destination address.

LayerZero allows for the development of a wide range of cross-chain applications. By utilizing LayerZero, developers can create their applications without concern for the differing semantics between inter- and intra-chain transactions, while users can freely move liquidity across chains. Here are some specific examples of cross-chain applications that can be built using LayerZero:

Decentralized Finance, or DeFi, is one of the blockchain ecosystems most prominent and rapidly evolving sectors. LayerZero is crucial in enabling interoperability among various DeFi protocols and platforms. LayerZero facilitates the seamless transfer of assets, liquidity, and data across different DeFi applications by bridging the gap between fragmented blockchains. This interoperability fosters composability, allowing users to leverage the strengths of other protocols and unlock new financial opportunities within the DeFi space.

One of the core applications of LayerZero is facilitating cross-chain asset transfers. With LayerZero, users can seamlessly transfer digital assets across different blockchain networks, such as cryptocurrencies and tokens. This capability eliminates the need for complex intermediaries, multiple exchanges, and associated fees, providing users with a streamlined and efficient experience. Whether transferring tokens between Ethereum and Binance Smart Chain or other blockchain combinations, LayerZero simplifies the process and enhances liquidity across diverse ecosystems.

LayerZeros interoperability features enable the development of multi-blockchain applications where functionalities span multiple chains. This application scenario allows developers to leverage the strengths of different blockchains, combining their unique features and capabilities to create powerful decentralized applications (DApps). LayerZeros lightweight message passing and authentic message delivery ensure efficient communication and collaboration between chains, promoting scalability and expanding the possibilities of DApp development.

LayerZero finds useful applications in the domain of supply chain management. By connecting various blockchain-based supply chain platforms, LayerZero facilitates the secure and transparent exchange of data, goods tracking, and transaction verification. This interoperability enhances supply chain operations traceability, efficiency, and trustworthiness, reducing fraud and counterfeiting and improving overall supply chain visibility.

LayerZeros ability to enable seamless communication between blockchains also extends to data exchange. It allows for secure and efficient data transfer across different chains, facilitating cross-chain data collaborations and fostering data interoperability. This application can be instrumental in domains such as healthcare, where sensitive patient data can be securely exchanged and accessed by authorized parties across multiple blockchain networks.

LayerZero enables the creation of a cross-chain decentralized exchange (DEX) that only deals in native assets. In contrast to existing DEX designs that issue wrapped tokens or use intermediary sidechains, a DEX built using LayerZero to transmit messages between chains can be constructed such that liquidity pools exist on both chains. Users can simply deposit their native assets in one pool and withdraw native assets from another. LayerZeros messaging primitive is versatile enough to enable direct bridges, automated market making, and any other derivation.

Current yield aggregators generally operate within single-chain ecosystems. A yield aggregator that employs LayerZero for cross-chain transactions would allow for strategies that access the best opportunities across all ecosystems, increasing access to high-yield opportunities and enabling users to capitalize on market inefficiency.

These are just a few examples of the many possibilities that LayerZero enables. By leveraging LayerZero, developers can build complex cross-chain applications without sacrificing trustlessness or introducing complex intermediate chains/smart contracts. Given the power of trustless cross-chain transactions, we eagerly anticipate the innovative new applications that the community will develop.

As LayerZero continues to evolve and gain support from prominent industry players, we can expect further advancements and expanded applications. The protocols ability to connect fragmented blockchains opens up possibilities for collaboration, scalability, and the development of new decentralized systems.

With LayerZero, the vision of a seamlessly interconnected blockchain ecosystem becomes a reality, offering new opportunities for collaboration, improved financial systems, and enhanced data management. The possibilities are vast, and as we embark on this transformative journey, the impact of LayerZero on the blockchain industry is poised to be truly revolutionary.

Yes, LayerZero is compatible with various blockchain networks, allowing seamless integration and interoperability.

LayerZero offers advantages such as lightweight message passing, configurable trustlessness, and seamless interoperability, which overcome the limitations of traditional blockchain solutions.

Yes, LayerZero enables communication between private and public blockchains, bridging the gap and facilitating interoperability between different networks.

LayerZero's interoperability capabilities make it suitable for cross-border transactions and foster global collaborations by connecting blockchain networks across geographical boundaries.

Yes, LayerZero's configurable trustlessness allows users to customize the level of trust and security based on their specific business requirements, providing flexibility and adaptability.

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Embracing Decentralization: Is Nostr the Answer to Social Network … – Techopedia

Social media plays a crucial role in the cultural, political, social, and economic aspects of our digitally-connected lives. Controversies like the FacebookCambridge Analytica data scandal where personal data was used for political advertising and censorship tactics used on popular sites like Twitter have forced users to look for better alternatives.

To bridge this gap, several decentralized social media platforms have emerged. These aim to empower users by granting them control over their data, removing advertisements, and banning social media addiction-inducing algorithms. Out of the lot, a protocol called Nostr has stood out, amassing thousands of users.

Is Nostr the answer to social network concerns? What about other alternative decentralized social media platforms like Bluesky and Mastodon?

In this article, we try to answer these questions.

Nostr (Notes and Other Stuff, Transmitted by Relays) is an open protocol on top of which developers can create censorship-resistant social media applications. The Nostr Manifesto was first published in November 2019 by its pseudonymous creator Fiatjaf.

Remember that Nostr is not a social media platform like Twitter, Instagram, and Facebook. It provides the infrastructure needed to create a decentralized social media network.

Iris, Damus, Nos, Amethyst, and Gossip are among the many social media applications built on Nostr. These are also called clients.

Relays are the critical components in the Nostr protocol. They are backend servers that allow various social media platforms to send messages to one another. Relays can store user posts and messages, enabling seamless interaction across platforms.

Users can connect to multiple relays to save their account details, posts, and social interactions. Connecting to several relays ensures that a user always has access to their data in case a relay goes offline or gets censored. Nostr also allows users to run their own private relay to remove doubts about becoming censorable. At the time of writing, 218 Nostr relays were online.

Each user account on Nostr has a public-private key pair. You can think about public keys as usernames with which you can search for your friends Nostr profile. Your private key is your password.

Users can jump between various decentralized social applications built on Nostr using their public-private keys. If you get kicked out of platform ABC, then you can move all your posts, messages, and followers to another platform XYZ and carry out business as usual.

Although there are a lot of similarities between the Nostr protocol and blockchain protocols, Nostr is not a blockchain. It is simply a set of rules. Nostr, however, does draw inspiration from blockchain protocols like Bitcoin in championing decentralization and interoperability.

Just like the Bitcoin network, Nostr is not owned by any corporation. Changes to the protocol are pitched, discussed, and approved by the community in the form of Nostr Implementation Possibilities (NIPs) on GitHub.

According to Greg Heartsfield, Nostr tries to solve the problem of publishing short notes (and other stuff) on the Internet.

Twitter solved this problem neatly, then complicated it through API and client restrictions, advertising, and a clumsy interface. Finally, they fully unsolved it by inserting themselves as the arbiters of what speech is allowed.

The loss of trust in centralized platforms like Twitter and the increasing degree of censorship practised on social media platforms has prompted developers like Fiatjaf to create decentralized social media protocols. In the Nostr Manifesto, Fiatjaf noted several problems with Twitter, namely ads, algorithms, banning and shadow-banning users, and spamming.

Nostr has seen an influx of new users since 2022. This came during a turbulent time for Twitter which saw Elon Musk buy the microblogging platform for $44 billion. During Musks Twitter reign, the company has made a slew of changes that sparked the ire of some users. It implemented anti-free speech moves like censoring links to external websites, discontinuing free access to the Twitter Application Programming Interface (API), and suspending the Twitter accounts of prominent journalists.

As the masses flocked to decentralized social platforms on Nostr, the total number of users on the protocol measured by profiles with bio and contact list skyrocketed from about 800 on 7 December 2022 to over 315,000 by the first week of June 2023.

Endorsements from Twitter co-founder and Block CEO Jack Dorsey have also helped increase Nostrs reach and visibility. Dorsey not only tweets about Nostr on a frequent basis, but he has also donated 14 BTC worth over $381,000 at the time of writing to Nostr creator Fiatjaf.

Other famous names like Edward Snowden have also voiced their support for Nostr. The crypto community, in particular, has shown an affinity for Nostr, given similar principles of decentralization that the two communities uphold.

Furthermore, recent improvements on Nostr, allowing users to send BTC to each other via the Lightning Network, have attracted Bitcoiners to the protocol.

Social platforms based on Nostr are not the only decentralized options available out there.

Decentralized social media apps are fairly new, and most of them are still a work in progress. User experience on Nostr socials is not at the same level as mature centralized platforms like Twitter and Instagram.

Lens Protocol only allows access to members based on their eligibility criteria.

Nostr users have to keep their private keys secure to ensure that their accounts are not hacked. Saving private keys on internet-connected devices opens up the risk of hacking, while private keys written on paper can be misplaced.

The same stands for crypto wallet owners who have to manage their private keys. Blockchain-based Lens Protocol requires crypto wallets for log-in.

Any project needs a steady income to keep the lights on. In the case of Nostr, there are no ad revenues for developers to bank on. Instead, its developers are currently dependent on philanthropic aid from supporters. Although, the protocol has seen upcoming server-hosting services that charge BTC fees.

According to Forbes, Nostr could have centralization risks. The article noted that creator Fiatjaf has given only seven people the power to add features to the Nostr Github repository.

While the idea of a decentralized social network is appealing, given the promises of account portability, zero ads, and zero algorithms, it is important to remember that we are still some time away from mainstream adoption.

Most of the decentralized socials available today are not feature-packed and user-friendly enough to provoke the migration of millions of Twitter and Instagram users for the sake of decentralization.

However, enthusiasm among developers and early adopters is encouraging.

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Embracing Decentralization: Is Nostr the Answer to Social Network ... - Techopedia

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The Meaning of Community in Crypto Discussed at Consensus 2023 – Yahoo Finance

Do users actually care whats under the hood of an app?

Cryptocurrencies censorship resistance and global reach have been the main value proposition of this technology for people not interested in sheer speculation. However, just the existence of technology is not enough: for it to really spread, empower and benefit those who need it most, there has to be infrastructure, products and services that will turn a shiny concept into the actual reality of peoples lives.

This article is excerpted from CoinDesks inaugural Consensus @ Consensus Report, the product of intimate, curated group discussions that took place at Consensus 2023. Click here to download the full report.

Grassroot adoption is all about making sure you target everyday people, Tricia Wang, co-founder of the Crypto Research and Design Labs (CRADL), said during the interactive session Grassroots Innovation: Realizing Cryptos Empowerment Promise for Social Inclusion at Consensus 2023.

See also: What Kind of Culture Are We Building in Web3? | Opinion

Further, sometimes crypto developers will have to be obsessively pragmatic, meaning they are culturally attuned to solutions that may work for one group of users but not another, rather than being dogmatic about cryptos highfalutin ideals.

What are the winning design principles founders should focus on if they want to meaningfully impact users lives?

Should builders prioritize scaling their products as broadly as possible or helping users understand how the product works to the maximum possible extent?

Should crypto and blockchain integration be explicit or stay under the hood?

Should decentralization be immediate or take place over time?

A range of considerations goes into these choices

Click here to download the full Consensus @ Consensus report.

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Expedite the Action Plan for Reconciliation – President – Newsfirst.lk

President Ranil Wickremesinghe convened a discussion at the Presidential Secretariat yesterday afternoon (08) to address the Action Plan for Reconciliation. During the meeting, the President instructed the relevant departments to expedite the drafting of legislation necessary for the plans implementation.

The progress of initiatives within five key areas -legislation, institutional activities, land issues, prisoner release, and power decentralization, was also reviewed.

The discussion encompassed several important topics. The implementation of the Truth and Reconciliation Commission (TRC), the establishment of a National Land Council, and the formulation of a National Land Policy were among the matters addressed.

Additionally, the President emphasized the need for enhanced operations of the Office of Missing Persons, including digitization efforts and the issuance of Certificates of Absence for individuals who had previously disappeared without trace.

Furthermore, President Wickremesinghe instructed the relevant parties to complete the ongoing initiatives to establish the Office of Reparations and the Office for National Unity and Reconciliation within the next two to three months. A comprehensive report on the progress of these programs was also requested.

Regarding land-related issues, particular attention was given to resolving problems associated with displaced persons resettlement, releasing privately held lands for public use, and addressing Mahaweli lands concerns. The President emphasized the urgency of taking immediate action to settle these land-related issues and tasked the officials with devising effective mechanisms for their resolution.

To address the release of prisoners and amnesty matters, the President instructed the relevant officials to submit a detailed report through the Ministry of Justice.

The discussion also covered topics such as power decentralization, provincial-level development plans, and the appointment of a Provincial Ombudsman. These matters were thoroughly deliberated upon to ensure effective governance and progress at the provincial level.

PMD

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Beyond the Yuck Factor: Cities Turn to ‘Extreme’ Water Recycling – Yale Environment 360

In downtown San Francisco, in a cavernous garage that was once a Honda dealership, a gleaming white-and-blue appliance about the size of a commercial refrigerator is being prepared for transport to a hotel in Los Angeles.

There, this unit, called a OneWater System, will be installed in the basement, where its collection of pipes will take in much of the hotels graywater from sinks, showers, and laundry. The system will clean the water with membrane filtration, ultraviolet light, and chlorine, and then send it back upstairs to be used again for nonpotable uses.

And again. And again.

There is no reason to only use water once, said Peter Fiske, the executive director of the National Alliance for Water Innovation, a division of the Lawrence Berkeley National Laboratory, in Berkeley. Just as natural systems use and reuse water repeatedly in a cycle driven by the sun, he said, we now have technologies to enable us to process and reuse water over and over, at the scale of a city, a campus, and even an individual home.

While centralized water reuse for nonpotable purposes has been around for decades, a trend called the extreme decentralization of water and wastewater also known as distributed water systems, or on-site or premise recycling is now emerging as a leading strategy in the effort to make water use more sustainable.

The concept is to equip new commercial and residential buildings as well as districts, such as neighborhoods and universities, with on-site recycling plants that will make water for nonpotable use cheaper than buying potable water from a centralized source. By driving down demand for potable water, which is costly to filter, treat, and distribute, the units will help manage water more efficiently. It is, many experts believe, the future of water. Eventually its hoped that buildings will be completely self-sufficient, or water neutral, using the same water over and over, potable and nonpotable, in a closed loop.

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Its not just a pipe dream. Proof of concept is unfolding in San Francisco, which in 2015 required all new buildings of more than 100,000 square feet to have on-site recycling systems. So far, six blackwater and 25 graywater systems are using the technology, and many others are in the works. (Blackwater comes from toilets, dishwashers, and kitchen sinks; graywater comes from washing machines, showers, and bathtubs.) The headquarters of the San Francisco Public Utilities Commission has a blackwater system, called the Living Machine, that treats its wastewater in engineered wetlands built into the sidewalks around the building, then uses it to flush low-flow toilets and urinals. The process reduces the buildings imported potable supply by 40 percent.

Recycling graywater alone can save substantial amounts of water. Using it to flush toilets and wash clothes reduces demand for new water by about 40 percent. Using recycled water for showers would eliminate another 20 percent of water demand, though the safety of that practice is being researched and is not yet permitted in San Francisco.

Ryan Pulley of Epic Cleantec holds a beaker of graywater. Right: A beaker of potable treated graywater. Ted Wood

To demonstrate its technology, Epic Cleantec, a water recycling company, has even brewed a beer called Epic OneWater Brew with purified graywater from a 40-story San Francisco apartment building.

With the meagdrought and water crisis on the Colorado, the Rio Grande, and other Western rivers, extreme decentralization is making its way to other places in the American West, including Colorado, Texas, and Washington State. And decentralized projects are ongoing in Japan, India, and Australia. There are serious pressures on fresh water supplies around the world, with climate change exacerbating shortages. A recent study found that more than half the worlds lakes have lost significant amounts of water over the last 30 years. By 2050, the UN estimates that 5 billion people could be subjected to water shortages.

This is the future of water for everybody, Newsha Ajami, director of Urban Water Policy at Stanfords Water in the West program, said of decentralized water systems and recycling. Its a slow-moving process, but at the end of the day considering all the scarcity a lot of communities are going to pick this up as a way of having economic development while having water security.

San Franciscos recycling systems are not water neutral. The largest building with an on-site system is the Salesforce Tower, a 61-story office, hotel, and residential tower that opened in 2018 and is the tallest building in San Francisco. Built by the Australian company Aquacell, the system cleans 30,000 gallons of sewage, sink, shower, and other wastewater each day and uses it for irrigation and toilet flushing, saving an estimated 7.8 million gallons of water a year. Thats the equivalent of the annual use of 16,000 San Franciscans, the company says. Outside water is still needed for potable uses. (In New York, the Domino Sugar Refinery redevelopment project, currently under construction on the Brooklyn waterfront, will recycle 400,000 gallons of blackwater a day.)

The San Francisco Public Utilities Commission, the water provider, estimates that there are a total of 48 reuse systems in operation and 29 more projects being planned in the city. By 2040, the agency says, its Onsite Water Reuse program will save 1.3 million gallons of potable water each day.

The technology for these buildings to capture and treat all their water to potable standards already exists. But the safety of direct reuse of recycled wastewater is still being studied, and U.S. regulations so far do not allow that. A fully circular system, in which water is reused on-site for both potable and nonpotable uses, is at least five to 10 years away in this country, experts say.

Alternative water sources available in a typical urban building. Pacific Institute

Centralized recycled water systems, by contrast, have been used for decades, though they too have rapidly grown as a solution to water shortages. Orange County, California, for example, is home to the worlds largest water recycling facility. It cleans 130 million gallons of blackwater a day in a process called indirect potable reuse. Highly treated wastewater, which would normally have been discharged into the ocean, is put through an advanced three-step purification process that includes micro-filtration, reverse osmosis, and disinfection with ultraviolet light and hydrogen peroxide. The output is injected into nearby groundwater, to be pumped up and treated to drinking-water standards by local utilities.

In water-short Singapore, the massive Changi Water Reclamation Plant cleans and purifies 237 million gallons of wastewater a day to potable standards.

But the new reuse paradigm fundamentally rethinks water systems, localizing them in much the same way that households and districts with rooftop and community solar have transformed energy systems away from centralized power plants.

The vanishing Rio Grande: Warming takes a toll on a legendary river. Read more.

New buildings and neighborhoods, said Fiske, of the National Alliance for Water Innovation, may someday no longer need to hook up to sewer lines and water supplies. People will be able to build without regard to connections to water infrastructure, simply by using the same water again and again in a virtually closed loop. The water that falls on the roof in most places in the world will be enough to sustain a home, predicts Fiske, citing a recent study that found that this approach could save at least 75 percent of water demand.

Premise recycling not only saves water, it can also save the cost of pumping water over long distances and the costs associated with digging up streets for replacement and installation of pipelines. Water is heavy, said Fiske, And we live on a planet with gravity. So use water where you live over and over again.

While in some situations decentralized systems are expected to save money by reducing the energy needed to pump water, in others situations they could require more electricity to pump water through a building.

The increased prevalence of water recycling will allow water to be cleaned to varying standards or different flavors according to its intended use, a concept called fit for purpose. Water to flush toilets, for example, doesnt need to be cleaned as thoroughly as drinking water.

The recycling systems being built in San Francisco are widely considered a success, and representatives from water-stressed cities around the world have come here to study the approach.

Epic Cleantec has designed a system that will provide 30,000 gallons a day for the Park Habitat office building, under construction in San Jose. Its blackwater system will be used to irrigate a living green wall on the towers 20-story exterior. The system collects water from rain, cooling towers, showers, toilets, and sinks, then circulates it through a multistep treatment process in the basement. The solids are separated, sterilized, and turned into a soil amendment.

A rendering of the Park Habitat office building, now under construction in San Jose, which will use treated wastewater to irrigate a living green wall. Hayes Davidson / Westbank

San Francisco has written the playbook and de-risked the whole process by smoothing the regulations needed to build these systems, said Aaron Tartakovsky, who founded Epic Cleantec with his father, Igor, and is its CEO. The technology to do this has been around for a long time. What has prevented the adoption of the technology has been regulatory hurdles. Without any established framework there was no way to get this done. What cities and states are doing is coming up with a clear playbook for how these systems can be operated safely and efficiently.

Tartakovsky said the systems Epic Cleantec is building cost from a few hundred thousand to a few million dollars. The return on investment takes about seven years, he says. After that, there are considerable ongoing savings on water and sewer costs that vary from building to building.

Heather Cooley, director of research for the Pacific Institute in Oakland, an independent organization that studies water sustainability, and an author of a report on distributed systems and water resilience, believes premise systems are essential for Californias water future. These on-site and distributed systems are an exciting addition to the range of tools to meet weather challenges, she said. They will help build resilience. However, she added, theres no silver bullet. Theyre not going to be applied in every building everywhere.

It might seem counterintuitive that the San Francisco Public Utilities Commission requires new buildings to reduce their consumption of city water: After all, the commission is in charge of selling that resource. But San Francisco has a policy of densification in the urban core. As three- and four-story buildings are replaced with 10- and 12-story buildings, the cost of building new water infrastructure and finding new water sources is soaring.

Premise recycling is also taking place in what are known as districts. The University of California, Davis, has a blackwater system used for irrigation, and new neighborhoods are rising with their own closed-loop recycling systems. In San Diego, for example, developers are building a large district system to recycle blackwater at a shopping center thats being converted into an office campus.

Neighborhood scale is the right scale for sustainability for recycled water, said Claire Maxfield, director of the San Francisco office of Atelier Ten, a London-based architecture firm.

Orange County, California's wastewater recycling plant, the largest in the world, puts treated wastewater through a three-step purification process. Mario Tama / Getty Images

Maxfield led the sustainability team that helped design an 11-acre mixed-use district system for Mission Rock, a neighborhood now under construction next to the San Francisco Giants ballpark. It will collect blackwater from a main sewer, filter it, then send it to all 17 of the neighborhoods buildings to be used for irrigation and toilet flushing. It works really well, and it works really cost effectively at the neighborhood scale, said Maxfield. It shares the cost, its good for resilience and environmental justice. Its better than telling everybody to solve this on their own.

A recent study found this approach to water recycling adds about 6 percent to the cost of a single home and 12 percent to the cost of a multifamily dwelling. But as the number of people using these systems increases, economies of scale come into play, making recycled water far less expensive than city water.

The Hydraloop, created in Holland, is one home-based technology on the market, a kind of water washing machine. It recycles up to 95 percent of a households water, disinfecting shower and washing machine flows to irrigate lawns, flush toilets, and fill swimming pools. Overall water consumption declines by 25 to 45 percent. A company in Vancouver makes a product called RainStick, which recycles shower water over and over while you shower.

What are the barriers to even wider-scale residential changes? The yuck factor, experts say. When we talk about reuse theres a lot of fear among builders and architects, said Maxfield, though she believes they can be overcome.

A quiet revolution: Southwest cities learn to thrive amid drought. Read more.

Thats why, she said, decentralization of water and waste systems appears to be destined to play a major role in a water-stressed world. No one talked about carbon 20 years ago in the design of buildings, Maxfield said. And now everyone does. Water is going to have that moment.

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Beyond the Yuck Factor: Cities Turn to 'Extreme' Water Recycling - Yale Environment 360

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Crypto Woes – Inkstick – Inkstick

The latest breach in crypto in the wild fleeting hope that another does not happen before this is published is the attack on Tornado Cash. The attacker took over the decentralized autonomous organizations platform and gained access to reroute transactions. Ignoring all the things wrong with Tornado like the fact that it was blacklisted for allowing hackers to launder $7 billion the attack is a reminder of the high stakes and low standards of security in the crypto ecosystem.

In May alone which was a quiet month for crypto hacks at least $14.1 million was lost to three attacks on major crypto platforms. DAI, which was responsible for $6.5 million of that figure, was hacked for the third time since its inception. In April, $12.5 million was lost, according to Rekt, which tracks breaches and incidents in the crypto ecosystem.

In the first quarter of 2023, at least $370 million was lost and even that is a record low in comparison to the $5 billion lost in the last quarter of 2022. The global cryptocurrency market was valued at $4.67 billion in 2022 and is expected to expand at a compound annual growth rate of 12.5% from 2023 to 2030, according to Grandview Research.

Most of cryptos growth has been fueled by the promise of investing in the worlds next financial system and for a number of benefits over the traditional financial system. Transactions and the inherent value of cryptocurrencies are controlled by the general public instead of a central authority, such as a bank. The promise is that since it gives the public the power that is often vested in governments, it is much more private, and ironically, more secure. Crypto bros and investors tout that it is the future of money.

In fact, the entire premise of what is called Web3 a generation of open-source and interconnected decentralized applications powered by blockchain architecture, which is also touted as the future of the internet is based on the tenets of decentralizing authority and offering more privacy, and security.

SECURITY WOES

Crypto wants to be the worlds next money, but it is a security nightmare. Despite the allure of decentralization and anonymity, the world of cryptocurrency remains plagued by significant security vulnerabilities.

The scale of cryptocurrency breaches is alarming. These breaches expose the vulnerabilities present in exchange platforms, wallets, and even smart contracts. Sophisticated phishing attacks, malware, and insider threats further exacerbate the risks faced by crypto users.

And the fallout of these hacks is devastating. Apart from the fact that many of these incidents lead to assets being moved from the accounts of legitimate users, they also lead to a crash in the value of the main cryptocurrencies of the platform affected, wiping out millions sometimes billions in market value.

I just woke up one day and my money was gone, said Kareem Babatunde, a crypto user in Nigeria. You lose assets and then the remaining assets you dont lose, lose their value.

The same characteristics that make crypto attractive for investors, make them glaring red on the heatmap of threat actors. its a lucrative pursuit for hackers and threat actors, said Eric Jardine, Cybercrimes Research Lead at Chainalysis, a company that provides data, intelligence, and forensics on cryptocurrency. The open-source software that many of the platforms run on makes it easy for hackers to find vulnerabilities they can later explore.

And of course, since the crypto wallets where stolen assets are sent are anonymous and the platform isnt regulated, it can be hard to track and retrieve funds, and much harder to tie incidents to an identity.

Chainanalysis has sometimes worked with law enforcement to track stolen funds by looking at how money moves from the accounts, which is of course recorded on a public ledger. The same public ledger that promises anonymity becomes a public record that tracks every transaction. Chainanalysis tracks every transaction until the stolen fund is sent to a wallet with an identity, often at the point when it needs to be converted into actual money.

But not everyone has access to this tool, and threat actors can find ways around this too.

The issue remains that the crypto ecosystem itself needs to prevent the breaches before they happen. The security issue isnt due to a particular problem or code. Its much more due to how the ecosystem is, especially at the moment, Jardine said.

The one-stop check for security might mean regulations that enforce Know Your Customer protocols, security troubleshooting, and enforcements that hold platforms to specific security standards. But the entire premise of crypto has been built almost entirely on things that do not align well with regulations.

But regulations or no regulations, the crypto ecosystem would be better off without so many security incidents. The ecosystems next challenge is to find a way to fix that without becoming regulated.

In response to the vulnerabilities in the crypto ecosystem, industry initiatives and best practices are emerging. The emphasis on education and user awareness is also growing, with organizations offering resources to help individuals navigate the crypto landscape much more safely. But these initiatives only respond to known vulnerabilities. For an industry so young, theres still a lot of vulnerabilities, continued Jardine. It would seem only time can fix these problems.

As cryptocurrencies continue to evolve, finding the delicate balance between privacy, security, and user empowerment remains crucial.

Olatunji Olaigbe is a freelance journalist and Columnist with Inkstick. Hes a winner of the 2021 IOM West and Central Africa Migration Journalism Awards.

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Crypto Woes - Inkstick - Inkstick

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iDenfy partners with P100 – The Paypers

Lithuania-based fraud management service provider iDenfy has partnered with Poland-based cryptocurrency and financial service platform P100.

In the company press release, iDenfy officials talked about the importance of seamless onboarding and straightforward ID verification processes for crypto users, particularly given the decentralised nature of digital assets. As cryptocurrencies were founded on the principles of decentralization and inclusivity, they aim to support financial freedom while giving users more control over their assets.

Offering the best of both worlds, iDenfys solution is able to provide a seamless customer journey while combatting fraud by leveraging a multi-level security system encompassing both Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures.

P100s goals and ambitions are in line with a security-first approach, which is why the financial service provider decided to implement iDenfys full-stack ID verification and AML screening software. P100 hopes that the identity verification integration will boost user confidence in the company by demonstrating its commitment to safeguarding accounts.

P100s app now has a new account creation process, which leverages iDenfys solutions to verify the identities of aspiring users and conduct cross-checks against various databases, including global sanctions lists, watchlists, and politically-exposed person (PEP) lists.

If iDenfys system detects that a potential customer belongs to a high-risk category, such as being on a sanctions list or being identified as a known money launderer, it provides an instant notification to P100. P100 can then take proactive measures to prevent the user in question from registering on the platform. Compliance officers stand to benefit the most from this automated procedure, as they are already burdened with keeping up with evolving regulations and handling large data amounts.

Some of the key highlights of the P100 app include access to a personal IBAN, a debit card, and a currency exchange. These features were designed to allow users to manage their finances and cryptocurrencies on a single centralised platform. The companys own encryption technology works in tandem with iDenfys software to provide security and sustain user confidence that their cryptocurrencies are safe.

iDenfy has partnered with multiple companies in 2023 with the aim of improving their onboarding processes. One such a business is rental services company June, which adopted iDenfys solutions in May 2023.

As a growing prop-tech company, June receives thousands of applications from individuals interested in renting with them. Until the iDenfy partnership, the company's application review process was entirely manual. Following this collaboration, customers interested in renting apartments via June gained the option to take a picture of their ID document and benefit from instant onboarding onto the June platform without the need for internal team supervision.

For more information about iDenfy, please check out their detailed profile in our dedicated, industry-specific Company Database.

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iDenfy partners with P100 - The Paypers

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Paediatric Clinical Trials Market is projected to grow at a CAGR of 6.3% by 2033: Visiongain – Yahoo Finance

Visiongain Reports Ltd

As per the report by Visiongain, the Paediatric Clinical Trials Market was valued at US$20,189.9 million in 2022 and is projected to grow at a CAGR of 6.3% during the forecast period 2023-2033.

Visiongain has published a new report entitledPaediatric Clinical Trials Market:- Forecasts by Indication (Infectious Disease, Oncology, Autoimmune/Inflammatory Diseases, Respiratory Disorders, Mental Health Disorders, Other Indications), by Phase (Phase 1, Phase 2, Phase 3, Phase 4), Market Segment by Study Design (Interventional Studies, Observational Studies) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis

Lack of awareness and knowledge gap with respect to efficacy and safety of drugs in paediatrics have led to increased use of off-label medications for treatment. The treatment flow is majorly based on the patient journey of adults that risk the well-being and health of children. Furthermore, paediatric clinical trials are required across ages from new-borns to 18 years and focused in therapy areas specific for this age group. Also, challenges in these trials persist such as heterogeneity, the informed consent, and age-specific studies. Owing to these factors, there is need to enhance paediatric clinical research.

Download Exclusive Sample of Report

Paediatric Clinical Trials Market Report 2023-2033

How has COVID-19 had a Significant Negative Impact on the Paediatric clinical trials Market?

COVID-19 presents an opportunity for the Paediatric Clinical Trials Market players to play an expanded role in care. Due to the pandemic, many clinical trials were halted that resulted in delaying the clinical trial study process and further added cost burden to the companies. However, the pandemic has opened further avenues for decentralized clinical trials and virtual trials. This presents an opportunity for wider pool of patients affected by the disease and more validation of clinical endpoints. Due to the pandemic, access to patients for recruitment and enrolment have been hampered hence identifying patients has been a major challenge. Furthermore, due to uncertainty over the effects of COVID-19 on children has limited the participation and interest of parents/guardians in enrolling children for trials.

Story continues

How will this Report Benefit you?

Visiongains 233-page report provides 118 tables, 165 charts, and graphs. Our new study is suitable for anyone requiring commercial, in-depth analyses for the paediatric clinical trials market, along with detailed segment analysis in the market. Our new study will help you evaluate the overall global and regional market for Paediatric clinical trials. Get financial analysis of the overall market and different segments including indication, phase, study design, and capture higher market share. We believe that there are strong opportunities in this fast-growing paediatric clinical trials market. See how to use the existing and upcoming opportunities in this market to gain revenue benefits in the near future. Moreover, the report will help you to improve your strategic decision-making, allowing you to frame growth strategies, reinforce the analysis of other market players, and maximise the productivity of the company.

What are the Current Market Drivers?

High Prevalence of Diseases Among Children

Most common preventable and treatable infectious diseases in children include malaria, pneumonia, diarrhoea, HIV and tuberculosis. High mortality and prevalence of such diseases is expected to drive market growth as there is increasing need for novel therapies. Pneumonia, diarrhoea and malaria accounted for 30% deaths among children below 5 years in 2019. Pneumonia is responsible for around 700,000 children annually across the globe. Diarrhoea accounted for 480,000 deaths among young children while malaria caused deaths of 274,000 children globally. Owing to such high prevalence, number of companies are focusing of developing new products and thus conducting clinical trial studies to enhance treatment options among children.

Usage of Decentralized Clinical Trials (DCTs)

Majority of paediatric clinical trials are adopting decentralization due to patient participation challenges. According to Clinical Trial Arena, 11.6% paediatric clinical studies have decentralization compared to 8% non-paediatric studies. Furthermore, based on therapy area, metabolic diseases have 14.4% decentralization vs 7.5% in non-paediatric studies in high income countries. Major reasons for high decentralization in metabolic diseases such as diabetes is that patients can self-monitor that requires less assistance. Such advantages can be further expanded to several therapy areas and help drive market growth.

Download Exclusive Sample of Report

Paediatric Clinical Trials Market Report 2023-2033

Where are the Market Opportunities?

Increase in investments for paediatric research showcases a significant opportunity for various national and international organizations. In 2020, global investments in Paediatric TB were US$ 91 million (10% of overall spending) which was 56% rise compared to 2019. However, the R&D expense on Paediatric research in TB is low which presents a broad opportunity for companies. Furthermore, according to an analysis, of the 20 pharmaceutical companies considered with total R&D projects of 1,073 only 69 or 6% were focused on children agedbelow 12 years. This showcases ample space for development and investments in paediatric clinical trials market.

With the advent of digitization, number of support services and technologies have been developed and introduced for paediatric clinical trials. Digital communication is widely been adopted in clinical trials for ease of asking questions by participants, discussions with the investigators, remote submission of informed consent, translation of supportive material in any language, and bond with communities through apps on personal devices. Furthermore, increasing use of cloud-based Software as a Service (SaaS) solution for activities such as capturing of patient reported outcomes data, remote monitoring, and telehealth services for supporting trial participants from the comfort of their homes. Such technologies will help to boost clinical trial process and also streamline complicated tasks.

Competitive Landscape

The major players operating in the paediatric clinical trials market are BMS, Charles River Laboratories, LabCorp Drug Development, GSK, ICON plc, IQVIA Inc., Novartis, Pfizer Inc., PPD Inc., Premier Research, QPS Holdings, Syneos Health, and The Emmes Company, LLC. These major players operating in this market have adopted various strategies comprising M&A, investment in R&D, collaborations, partnerships, regional business expansion, and new product launch.

Recent Developments

In May 2022, BMS received FDA approval for azacitidine (Vidaza) for paediatric patients with newly diagnosed juvenile myelomonocytic leukemia (JMML).

In March 2022, ViiV Healthcare received FDA approval for fixed dose combination of abacavir, dolutegravir and lamivudine for the treatment of paediatric patients weighing 10kgs to 25 kgs with HIV-1.

To access the data contained in this document please email oliver.davison@visiongain.com

To find more Visiongain research reports on thePharmasector, click on the following links:

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: oliver.davison@visiongain.com

About Visiongain

Visiongain is one of the fastest-growing and most innovative independent market intelligence providers around, the company publishes hundreds ofmarket research reportswhich it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports, which cover 10-year forecasts, are hundreds of pages long, with in-depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets with a lot of synergies. These markets include automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customised and syndicated market research reports offer a bespoke piece of market intelligence customised to your very own business needs.

Contact:

Oliver DavisonVisiongain Reports LimitedTelephone: +44 (0) 20 7336 6100Email: oliver.davison@visiongain.comWeb: http://www.visiongain.com

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Paediatric Clinical Trials Market is projected to grow at a CAGR of 6.3% by 2033: Visiongain - Yahoo Finance

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Outlook on the Oman Data Center Market to 2028: Increasing Demand for Migration to Cloud Platforms by Various Sectors Attracts Local and Global Cloud…

Company Logo

Omani Data Center Market

Omani Data Center Market

Dublin, June 09, 2023 (GLOBE NEWSWIRE) -- The "Oman Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The Oman data center market is expected to grow at a CAGR of 9.60% from 2022-2028.

Key Highlights

The increasing demand for migration to cloud platforms by various sectors attracts local and global cloud service providers in the Oman data center market. For instance, Global Cloud Service operators such as AWS, Microsoft, Oracle, and Google have a presence with local operators in Oman.

In December 2022, the Ministry of Transport, Communications and Information Technology (MTCIT) in Oman signed a Memorandum of Understanding (MoU) with Amazon Web Services (AWS) for the launch of cloud service data centers in the country.

Regarding 5G connectivity, telecom operators like Omantel, Ooredoo, Nokia, Ericsson, and Vodafone are working towards deploying 5G technology in the country.

The government has launched its strategies, such as Vision 2040 and National Energy Strategy, which aim to generate around 30% of the electricity from renewable energy sources by 2030.

In August 2022, the Ministry of Housing and Urban Planning, part of Oman Vision 2040, was involved in developing three smart cities in the country. The smart cities are expected to be developed in Salala, Nizwa, and Suhar in Oman.

Reasons to Buy

Market size available in the investment, area, power capacity, and Oman colocation market revenue.

An assessment of the data center investment in Oman by colocation, hyperscale, and enterprise operators.

Investments in the area (square feet) and power capacity (MW) across states in the country.

A detailed study of the existing Oman data center market landscape, an in-depth industry analysis, and insightful predictions about industry size during the forecast period.

Snapshot of existing and upcoming third-party data center facilities in Oman

The Oman data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.

A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.

Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.

A transparent research methodology and the analysis of the demand and supply aspects of the industry.

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VENDOR LANDSCAPE

The Oman data center market has the presence of several local and global operators, such as Equinix, Ooredoo, Datamount, Cloud Acropolis, and Oman Data Park.

The prominent growth potential of the industry has also attracted several new entrants; for instance, Gulf Data Hub is expanding its footprints across the Middle Eastern region, where the company also has two pipeline projects in Oman.

EXISTING VS. UPCOMING DATA CENTERS

REPORT COVERAGE:

This report analyses the Oman data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments.

The segmentation includes:

IT Infrastructure

Servers

Storage Systems

Network Infrastructure

Electrical Infrastructure

UPS Systems

Generators

Switches & Switchgears

PDUs

Other Electrical Infrastructure

Mechanical Infrastructure

Cooling Systems

Racks

Other Mechanical Infrastructure

Cooling Systems

CRAC & CRAH Units

Chiller Units

Cooling Towers, Condensers & Dry Coolers

Other Cooling Units

General Construction

Core & Shell Development

Installation & Commissioning Services

Engineering & Building Design

Fire Detection & Suppression Systems

Physical Security

Data Center Infrastructure Management (DCIM)

Tier Standard

Tier I & Tier II

Tier III

VENDOR LANDSCAPE

Major Vendors

IT Infrastructure Providers

Data Center Construction Contractors & Sub-Contractors

AECOM

DC Pro Engineering

Direct Services

Hill International

Turner & Townsend

Support Infrastructure Providers

Data Center Investors

Equinix

Ooredoo

Oman Data Park

Datamount

CloudAcropolis

New Entrants

KEY QUESTIONS ANSWERED:

How much is the Oman data center market investment expected to grow?

What is the growth rate of the Oman data center market?

How many data centers have been identified in Oman?

What are the driving factors for the Oman data center market?

Who are the key investors in the Oman data center market?

Key Attributes:

Report Attribute

Details

No. of Pages

92

Forecast Period

2022 - 2028

Estimated Market Value (USD) in 2022

$247 Million

Forecasted Market Value (USD) by 2028

$428 Million

Compound Annual Growth Rate

9.6%

Regions Covered

Oman

Key Topics Covered:

1. Existing & Upcoming Third-Party Data Centers in Oman1.1. Historical Market Scenario1.2. 5+ Unique Data Center Properties1.3. Data Center It Load Capacity1.4. Data Center White Floor Area Space1.5. Existing Vs Upcoming Data Center Capacity by Cities1.6. Cities Covered1.6.1. Muscat1.6.2. Other Cities1.7. List of Upcoming Data Center Projects in Oman

2. Investment Opportunities in Oman2.1. Microeconomic and Macroeconomic Factors in Oman 2.2. Investment Opportunities in Oman2.3. Investment by Area2.4. Investment by Power Capacity

3. Data Center Colocation Market in Oman3.1. Colocation Services Market in Oman3.2. Retail Vs Wholesale Data Center Colocation3.3. Colocation Pricing (Quarter Rack, Half Rack, Full Rack) & Add-Ons

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Outlook on the Oman Data Center Market to 2028: Increasing Demand for Migration to Cloud Platforms by Various Sectors Attracts Local and Global Cloud...

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