{"id":25157,"date":"2021-05-26T15:13:00","date_gmt":"2021-05-26T12:13:00","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=25157"},"modified":"2026-03-27T22:29:50","modified_gmt":"2026-03-27T19:29:50","slug":"threefold-takes-on-blockchain-decentralization-and-sustainability-at-aibc-summit-in-dubai","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/threefold-takes-on-blockchain-decentralization-and-sustainability-at-aibc-summit-in-dubai\/","title":{"rendered":"ThreeFold takes on blockchain decentralization and sustainability at AIBC Summit in Dubai"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>26th May 2021, Dubai, United Arab Emirates<\/strong>&nbsp;\u2013 Yesterday, ThreeFold co-founder Kristof de Spiegeleer spoke at the AIBC Summit in Dubai with a strong message to the blockchain community around sustainability. Blockchains simply use too much energy, and ThreeFold has the solution.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cOur technology was designed to tackle the root issues of the current Internet,\u201d says de Spiegeleer. \u201cToday, people are being turned into products, this was well illustrated in the documentary \u2018The Social Dilemma.\u2019 Beyond that, the Internet\u2019s infrastructure is extremely power-hungry, and most blockchains are living on top of that infrastructure. Blockchains represent the movement for decentralization, and they should do better than this. At ThreeFold, we offer an alternative path. Will you take it?\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In February, it was reported that \u2018Bitcoin consumes more electricity than Argentina,\u2019 and the topic of blockchain\u2019s unsustainability has been a recurring theme in the news and in social media conversations recently.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also, most blockchains still use centralized cloud providers like AWS to host their nodes and web3 workloads. On the ThreeFold Grid, blockchain communities benefit from a truly decentralized infrastructure, improving their technology\u2019s resilience and making it censorship-resistant.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With partners including CasperLabs, DigiByte, and Polygon, ThreeFold now steps into the bold position of empowering blockchains to become not only more sustainable, but actually planet positive.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ThreeFold recently released information on how their infrastructure saves up-to 90% on energy consumption compared to existing models. And now, to regenerate our planet, they commit to farming 3x the amount of carbon credits as the grid consumes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThreeFold is the engine for a planet positive and data sovereign Internet,\u201d says de Spiegeleer. \u201cWe\u2019re not a company, but more like a group of humans trying to help other humans, bringing advanced technology led by a strong mission.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To learn more about ThreeFold, visit their website at threefold.io. You can also follow ThreeFold on Twitter, join their Telegram, and read their documentation on Github.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>26th May 2021, Dubai, United Arab Emirates&nbsp;\u2013 Yesterday, ThreeFold co-founder Kristof de Spiegeleer spoke at the AIBC Summit in Dubai with a strong message to the blockchain community around sustainability. Blockchains simply use too much energy, and ThreeFold has the solution. \u201cOur technology was designed to tackle the root issues of the current Internet,\u201d says [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":25158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"1","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":446,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[442,446],"tags":[],"class_list":["post-25157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-apps","category-computers","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- 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