Blockchain Press Releases
Europe Hyperscale Data Center Market Industry Outlook & Forecast 2023-2028, the Market to Cross More than $39.6 Billion by 2028 – Arizton
CHICAGO, July 11, 2023 /PRNewswire/ — According to Arizton’s latest research report, the Europe hyperscale data center market will grow at a CAGR of 5.72% during 2022-2028.
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The Europe hyperscale data center market is one of the most developed markets globally. Investments in hyperscale data centers across FLAP and Ireland data center markets in Europe grew significantly. These markets are the largest in terms of IT infrastructure procurement. Hyperscale data center operators are involved in the rapid expansion of their cloud platforms across Europe. Hyperscale data centers are large mission-critical facilities that support robust and scalable applications. Also, these data center variants are often associated with big data-producing companies. Google, Oracle, AWS, Apple, and Microsoft are some of the major hyperscale companies operating data centers with a global presence. Similarly, Tencent is another major cloud company.
Europe Hyperscale Data Center Market Report Scope
|
Report Attributes  |
Details |
|
Market Size (2028) |
USD 39.69 Billion |
|
Market Size (2022) |
USD 28.42 Billion |
|
CAGR by Revenue (2022-2028) |
5.72 % |
|
Market Size – Area (2028) |
4.36 Million Square Feet |
|
Power Capacity (2028) |
882 MW |
|
Base Year |
2022 |
|
Forecast Year |
2023-2028 |
|
Market Segmentation |
Infrastructure, IT Infrastructure Electrical Infrastructure, Mechanical Infrastructure, Cooling Systems, Cooling Technique, General Construction, Tier Standards, and Geography |
|
Geographic Analysis |
Western Europe, Nordics, and Central & Eastern European Countries |
|
Market Dynamics |
· Cloud-Based Services Adoption to Drive the Market · Shift From On-Premises to Cloud and Colocation · The advent of IoT & Big Data Technologies · Government Support for Data Center Development · Growing Submarine and Inland Connectivity · Adoption of OCP and Hyperscale Infrastructure |
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Market Key Trends
High Adoption of Artificial Intelligence
- Artificial intelligence is making inroads across Europe. Governments and businesses are taking multiple initiatives to implement and utilize the potential of artificial intelligence.
- Countries like Germany, the U.K., and many others have already developed national strategies for AI, and few other countries are taking concrete steps to deploy AI.
- Spain launched AI regulatory sandbox in June 2022.
- Portugal has launched an AI-based i4.0 program to improve the technology environment in the country.
Sustainability Initiatives Attracting Data Center Operators
- European Union is continuously working towards making energy consumption completely green with new laws and regulations.
- Countries like U.K., France, and others have already signed Paris Agreement; therefore, it is binding on them to eliminate fossil fuel as an energy source and replace existing power capacity with renewable energy.
- The Climate Neutral Data Center Pact has also prompted operators to move towards 100% renewable energy by 2030.
- Governments across Europe are moving towards renewable energy and reducing dependence on fossil fuel-based energy sources.
- The U.K. government is moving towards 100% renewable energy by 2035.
- Germany wants to have net-zero carbon emissions by 2060.
The Western Europe Hyperscale Data Center Market by Investment to Reach $30.10 Billion by 2028
The UK, France, Spain, and Germany are leading destinations for data center development. At the same time, there are also emerging markets, such as Ireland, with projects from Facebook, Equinix, Digital Realty, and CyrusOne; Italy, with projects from Equinix & Vantage Data Centers; and Switzerland, with projects from Interxion (Digital Realty) and Equinix. The Europe hyperscale data center market will also witness the continuous adoption of cloud services among SMEs due to the heightened interest shown in the digital transformation of businesses through solutions, such as IoT, Big data, and AI. The data center market in Western Europe is witnessing investment contributions from global and local data center service providers. The demand for smart devices and growth internet penetration will also fuel the growth of colocation data centers and corresponding infrastructure in the region. Data centers in Western Europe are built to support OCP rack infrastructure solutions. This is aided by the growth of ODM solutions in the market.
Countries such as Spain, Portugal, Luxembourg, and Greece will likely contribute to the Western European data center market in the upcoming years. Therefore, hyperscale investments in these countries will majorly boost the investment opportunities for vendors.
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Key Market Participants
- Microsoft, Google, and Meta are major investors in the Europe hyperscale data center market in terms of cloud players.
- Equinix, Digital Realty, Vantage Data Centers, CyrusOne, and NTT are major colocation operators in developing hyperscale facilities across the Europe hyperscale data center market.
- Eaton, Vertiv, Schneider Electric, and others are investing in lithium-ion-based UPS systems. Also, these companies are providing electrical infrastructure for hyperscale development across Europe.
- Companies like Eaton, Vertiv, Schneider Electric, and many others are supplying Lithium-ion based UPS systems, smart-grid solutions, and new switchgears compatible with different sources of power supplies.
- Companies like Ferrovial, Arup, RED, ISG, M+W Group, and others will see increased demand for developing hyperscale data center facilities.
Market Vendors
Key Data Center IT Infrastructure Providers
- Arista Networks
- ATOS
- Broadcom
- Cisco Systems
- Dell Technologies
- Extreme Networks
- Fujitsu
- Hitachi Vantara
- Hewlett Packard Enterprise (HPE)
- Huawei Technologies
- IBM
- INSPUR
- Juniper Networks
- Lenovo
- MiTAC Holdings
- NEC Corporation
- NetApp
- Pure Storage
- Quanta Cloud Technology (Quanta Computer)
- Super Micro Computer
- Wistron Corporation
Key Data Center Support Infrastructure Providers
- 3M
- ABB
- Airedale International Air Conditioning
- Aermec
- Alfa Laval
- Aksa Power Generation
- Carrier
- Caterpillar
- Condair
- Climaveneta
- Cummins
- D’HONDT THERMAL SOLUTIONS
- Daikin Applied
- Delta Electronics
- Eaton
- ebm-papst
- EMICON INNOVATION AND COMFORT
- Enrogen
- Flaktgroup
- Grundfos
- Güntner
- Gesab
- HiRef
- HITEC Power Protection
- Honeywell International
- Johnson Controls
- Kohler-SDMO
- KyotoCooling
- Legrand
- Mitsubishi Electric
- Munters
- NetNordic
- Nlyte Software (Carrier Global Corporation)
- Perkins Engines
- Piller Power Systems
- Reillo Elettronica (Riello UPS)
- Rittal
- Rolls-Royce
- Schneider Electric
- Siemens
- Socomec
- STULZ
- Trane (Ingersoll Rand)
- Vertiv
Prominent Construction Contractors
- AECOM
- AODC
- AEON Engineering
- ARC:MC
- Ariatta
- ARSMAGNA
- Artelia
- Arup
- Aurora Group
- Atkins
- Basler & Hofmann
- BENTHEM CROUWEL ARCHITECTS
- Bouygues Construction
- Callaghan Engineering
- CAP INGELEC
- Coromatic (E.ON)
- Deerns
- Designer Group
- Dipl.-Ing. H. C. Hollige
- Dornan
- DPR Construction
- Etop
- EYP MCF
- Ferrovial
- Fluor Corporation
- Free Technologies Engineering
- Future-tech
- Granlund Group
- GreenMDC
- Gottlieb Paludan Architects
- Haka Moscow
- ICT Facilities
- IDOM
- IMOS
- ISG
- JCA Engineering
- JERLAURE
- Kirby Group Engineering
- Linesight
- M+W Group
- Mace
- Mercury
- Metnor Construction
- MT Hojgaard
- Nicholas Webb Architects (NWA)
- Norma Engineering
- Oakmont Construction
- PM Group
- Power Quality Control (PQC)
- Quark
- Ramboll Group
- RED
- Royal HaskoningDHV
- STARCHING
- STO Building Group
- STRABAG
- STS Group
- Sweco
- TPF Ingénierie
- TTSP
- Turner & Townsend
- Warbud
- Winthrop Engineering and Contracting
- YIT
- ZAUNERGROUP
Prominent Data Center Investors
- Amazon Web Services (AWS)
- Apple
- Aruba
- atNorth (Partners Group)
- Colt Data Centre Services (COLT DCS)
- CyrusOne
- DATA4
- DigiPlex (IPI Partners)
- Digital Realty
- Echelon Data Centres
- EcoDataCenter
- Equinix
- Facebook (Meta)
- Global Switch
- Green Mountain
- Iron Mountain (IO)
- Ixcellerate
- Kevlinx
- Microsoft
- NTT Global Data Centers
- Orange Business Services
- Rostelecom Data Centers (RTK-DC)
- T5 Data Centers
- Vantage Data Centers
- Verne Global
- Virtus Data Centres (ST Telemedia Global Data Centres)
- Yondr
- Global Technical Realty
- Stratus DC Management
Market Segmentation
Infrastructure
- IT Infrastructure
- Electrical Infrastructure
- Mechanical Infrastructure
- General Construction
IT Infrastructure
- Server Infrastructure
- Storage Infrastructure
- Network Infrastructure
Electrical Infrastructure
- UPS Systems
- Generators
- Transfer Switches & Switchgears
- PDUs
- Other Electrical Infrastructure
Mechanical Infrastructure
- Cooling Systems
- Racks
- Other Mechanical Infrastructure
Cooling System
- CRAC & CRAH Units
- Chiller Units
- Cooling Towers, Condensers & Dry Coolers
- Economizers & Evaporative Coolers
- Other Cooling Units
Cooling Technique
- Air-based Cooling Technique
- Liquid-based Cooling Technique
General Construction
- Core & Shell Development
- Installation & Commissioning Services
- Engineering & Building Design
- Fire Detection & Suppression
- Physical Security
- DCIM/BMS Solutions
Geography
- Western Europe
- The UK
- Germany
- France
- Netherlands
- Ireland
- Italy
- Spain
- Other Western European Countries
- Nordics
- Denmark
- Sweden
- Norway
- Finland
- Central & Eastern European Countries
- Poland
- Other Central & Eastern European Countries
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Key Questions Answered in the Report:
- How big is the Europe hyperscale data center market?
- What is the growth rate of the Europe hyperscale data center market?
- What is the estimated market size in terms of area in the Europe hyperscale data center market by 2028?
- What are the key trends in the Europe hyperscale data center market?
- How many MW of power capacity is expected to reach the Europe hyperscale data center market by 2028?
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Table of Content
1. REPORT COVERAGE
1.1. WHAT’S INCLUDED
1.2. SEGMENTAL COVERAGE
1.2.1. MARKET SEGMENTATION BY INFRASTRUCTURE
1.2.2. MARKET SEGMENTATION BY ELECTRICAL INFRASTRUCTURE
1.2.3. MARKET SEGMENTATION BY MECHANICAL INFRASTRUCTURE
1.2.4. MARKET SEGMENTATION BY COOLING SYSTEM
1.2.5. MARKET SEGMENTATION BY COOLING TECHNIQUE
1.2.6. MARKET SEGMENTATION BY GENERAL CONSTRUCTION
- MARKET AT A GLANCE
- INFRASTRUCTURE SEGMENTATION
- GEOGRAPHICAL SEGMENTATION
- PREMIUM INSIGHTS
5.1. KEY HIGHLIGHTS
5.2. KEY TRENDS THAT IMPACT EUROPE HYPERSCALE DATA CENTER MARKET
5.3. GEOGRAPHICAL ANALYSIS
5.4. SEGMENTAL ANALYSIS
5.5. KEY MARKET PARTICIPANTS
- MARKET OPPORTUNITIES & TRENDS
6.1. ADOPTION OF ARTIFICIAL INTELLIGENCE
6.2. SUSTAINABILITY INITIATIVES ATTRACTING DATA CENTER OPERATORS
6.3. DEVELOPMENT OF DISTRICT HEATING CONCEPT
6.4. INNOVATIVE CONSTRUCTION TECHNIQUES OF DATA CENTERS
- MARKET GROWTH ENABLERS
7.1. CLOUD-BASED SERVICE ADOPTION
7.2. SHIFT FROM ON-PREMISES TO CLOUD & COLOCATION
7.3. ADVENT OF IOT & BIG DATA TECHNOLOGIES
7.4. GOVERNMENT SUPPORT FOR DATA CENTER DEVELOPMENT
7.5. GROWTH IN SUBMARINE & INLAND CONNECTIVITY
7.6. ADOPTION OF OCP & HYPERSCALE INFRASTRUCTURE
- MARKET RESTRAINTS
8.1. SUPPLY CHAIN DISRUPTIONS
8.2. INCREASED CARBON EMISSIONS FROM DATA CENTERS
8.3. LACK OF SKILLED WORKFORCE
8.4. SECURITY CHALLENGES
- MARKET LANDSCAPE
9.1. MARKET OVERVIEW
9.2. INVESTMENT: MARKET SIZE & FORECAST
9.3. AREA: MARKET SIZE & FORECAST
9.4. POWER CAPACITY: MARKET SIZE & FORECAST
- INFRASTRUCTURE
10.1. MARKET SNAPSHOT
10.2. KEY HIGHLIGHTS
10.3. IT INFRASTRUCTURE
10.3.1. MARKET OVERVIEW
10.3.2. INVESTMENT: MARKET SIZE & FORECAST
10.4. ELECTRICAL INFRASTRUCTURE
10.4.1. MARKET OVERVIEW
10.4.2. INVESTMENT: MARKET SIZE & FORECAST
10.5. MECHANICAL INFRASTRUCTURE
10.5.1. MARKET OVERVIEW
10.5.2. INVESTMENT: MARKET SIZE & FORECAST
10.6. GENERAL CONSTRUCTION
10.6.1. MARKET OVERVIEW
10.6.2. INVESTMENT: MARKET SIZE & FORECAST
- IT INFRASTRUCTURE
11.1. MARKET SNAPSHOT
11.2. SERVER INFRASTRUCTURE
11.2.1. MARKET OVERVIEW
11.2.2. INVESTMENT: MARKET SIZE & FORECAST
11.3. STORAGE INFRASTRUCTURE
11.3.1. MARKET OVERVIEW
11.3.2. INVESTMENT: MARKET SIZE & FORECAST
11.4. NETWORK INFRASTRUCTURE
11.4.1. MARKET OVERVIEW
11.4.2. INVESTMENT: MARKET SIZE & FORECAST
- ELECTRICAL INFRASTRUCTURE
12.1. MARKET SNAPSHOT
12.2. UPS SYSTEMS
12.2.1. MARKET OVERVIEW
12.2.2. INVESTMENT: MARKET SIZE & FORECAST
12.3. GENERATORS
12.3.1. MARKET OVERVIEW
12.3.2. INVESTMENT: MARKET SIZE & FORECAST
12.4. TRANSFER SWITCHES & SWITCHGEAR
12.4.1. MARKET OVERVIEW
12.4.2. INVESTMENT: MARKET SIZE & FORECAST
12.5. PDUS
12.5.1. MARKET OVERVIEW
12.5.2. INVESTMENT: MARKET SIZE & FORECAST
12.6. OTHER ELECTRICAL INFRASTRUCTURE
12.6.1. MARKET OVERVIEW
12.6.2. INVESTMENT: MARKET SIZE & FORECAST
- MECHANICAL INFRASTRUCTURE
13.1. MARKET SNAPSHOT
13.2. COOLING SYSTEMS
13.2.1. MARKET OVERVIEW
13.2.2. INVESTMENT: MARKET SIZE & FORECAST
13.3. RACKS
13.3.1. MARKET OVERVIEW
13.3.2. INVESTMENT: MARKET SIZE & FORECAST
13.4. OTHER MECHANICAL INFRASTRUCTURE
13.4.1. MARKET OVERVIEW
13.4.2. INVESTMENT: MARKET SIZE & FORECAST
- COOLING SYSTEM
14.1. MARKET SNAPSHOT
14.2. CRAC & CRAH UNITS
14.2.1. MARKET OVERVIEW
14.2.2. INVESTMENT: MARKET SIZE & FORECAST
14.3. CHILLER UNITS
14.3.1. MARKET OVERVIEW
14.3.2. INVESTMENT: MARKET SIZE & FORECAST
14.4. COOLING TOWERS, CONDENSERS & DRY COOLERS
14.4.1. MARKET OVERVIEW
14.4.2. INVESTMENT: MARKET SIZE & FORECAST
14.5. ECONOMIZERS & EVAPORATIVE COOLERS
14.5.1. MARKET OVERVIEW
14.5.2. INVESTMENT: MARKET SIZE & FORECAST
14.6. OTHER COOLING UNITS
14.6.1. MARKET OVERVIEW
14.6.2. INVESTMENT: MARKET SIZE & FORECAST
- COOLING TECHNIQUE
15.1. AIR-BASED COOLING
15.1.1. MARKET OVERVIEW
15.1.2. INVESTMENT: MARKET SIZE & FORECAST
15.2. LIQUID-BASED COOLING
15.2.1. MARKET OVERVIEW
15.2.2. INVESTMENT: MARKET SIZE & FORECAST
- GENERAL CONSTRUCTION
16.1. MARKET SNAPSHOT
16.2. CORE & SHELL DEVELOPMENT
16.2.1. MARKET OVERVIEW
16.2.2. INVESTMENT: MARKET SIZE & FORECAST
16.3. INSTALLATION & COMMISSIONING SERVICES
16.3.1. MARKET OVERVIEW
16.3.2. INVESTMENT: MARKET SIZE & FORECAST
16.4. ENGINEERING & BUILDING DESIGN
16.4.1. MARKET OVERVIEW
16.4.2. INVESTMENT: MARKET SIZE & FORECAST
16.5. FIRE DETECTION & SUPPRESSION
16.5.1. MARKET OVERVIEW
16.5.2. INVESTMENT: MARKET SIZE & FORECAST
16.6. PHYSICAL SECURITY
16.6.1. MARKET OVERVIEW
16.6.2. INVESTMENT: MARKET SIZE & FORECAST
16.7. DCIM/BMS SOLUTIONS
16.7.1. MARKET OVERVIEW
16.7.2. INVESTMENT: MARKET SIZE & FORECAST
- GEOGRAPHY
For a detailed table of contents, click: https://www.arizton.com/market-reports/europe-hyperscale-data-center-market?details=tableOfContents
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DUBAI, UAE, Nov. 15, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, opens up the November arena for the Bybit Crypto Titans trading competition. Available for users in select regions, a prize pool of 55,000 USDT will be available for a limited time only.
From now to Nov. 30, eligible traders can level up their trading strategies and amplify their winning chances by inviting friends to share two prize pools in two simple steps: register for the event at the Grand Arena, and invite friends and trade.
Battlefields: Once in the Arena, users can pick their battlefields. Up to 30,000 USDT are up for grabs in the Team Battlefield ranked by total trading volume, while another 15,000 USDT is reserved for traders in the Solo Battlefield competing by PnL(%).
More perks: Additionally, top traders and leaders will receive extra perks. Participants will receive a bonus 5 USDT for every new qualified referee, and the first 50 Team Leaders whose team exceeds a threshold amount in trading volume will be entitled to a 100 USDT bonus.
“As trading volumes overall are climbing, we are seeing so many talented traders in our community with a knack for navigating fast-moving markets. This event gives some of them an incentive to share their passion with their friends, and there is room for rewards for the solo trading pros to shine as well,” said Joan Han, Sales and Marketing Director of Bybit.
Market sentiment and activities have been trending up in recent weeks globally, and the enthusiasm is shared among users in niche markets. While traders rush to capture opportunities in a heated market, the Crypto Titans competition encourages users to bring out the best trading game and hone their trading skills for healthier returns.
Find out more about Bybit’s Crypto Titans: November Showdown, terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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Blockchain Press Releases
Blockchain for Good Alliance Hosts Web3 Oscar, Celebrating Innovators Advancing UN’s Sustainable Development Goals
DUBAI, UAE, Nov. 14, 2024 /PRNewswire/ — The highly anticipated Web3 Oscar, a prestigious event hosted by the Blockchain for Good Alliance (BGA), celebrating blockchain projects driving real-world impact aligned with the UN’s 17 Sustainable Development Goals (SDGs). Industry leaders gathered in Bangkok to honour innovators shaping a sustainable future.
The event was part of BGA’s November lineup, featuring two major initiatives for global change through blockchain: the Sustainable Innovation Summit and the Web3 Oscar Awards.
Sustainable Innovation Summit: A Hackathon for Social Impact
Held from September 9 to November 11, 2024, the Sustainable Innovation Summit hosted a hackathon with a $100,000 prize pool, inviting participants worldwide to create blockchain solutions addressing key issues such as poverty, clean water access, and gender equality. The summit concluded with a Demo Day at the Grand Hyatt Erawan in Bangkok, where finalists showcased their projects to blockchain pioneers, investors, and industry leaders, with opportunities for incubation support and equity-free funding.
Rising Stars
In a cinematic presentation style, 10 shortlisted projects from across the globe, participating in the Sustainable Innovation Summit’s 17 SDGs Challenge, took the stage. Each team presented their blockchain solutions to address sustainability challenges, telling the story of a “hero” confronting a global crisis (one of the 17 SDGs), with blockchain as the “tool” they wield for change.
Winners for the 17 SDGs Challenge:
- 1st Place: Grand Social Impact Award 🥇 EthicHub
- 2nd Place: Outstanding Social Innovation Award 🥈 Plastic Odyssey
- 3rd Place: Emerging Impact Award 🥉 ResearchHub
Rising Star Awards (top 10 projects, in no specific order):
- Wavy Health
- LAKE (LAK3)
- KulaDAO
- erable°
- arkreen
- UCO Network
- Edu3Labs
Web3 Oscar Awards: Honouring Leaders in Blockchain for Social Good
Coinciding with the hackathon’s Demo Day on November 11, the BGA Web3 Oscar Award recognizes individual contributions to blockchain for social good across three categories, with up to 7 total winners.
Each category highlights individual efforts aligning with BGA’s mission.
The Collaboration Bridge Award honours individuals who have played a vital role in guiding the strategic direction of the Blockchain for Good Alliance (BGA). This year’s recipients are:
- Harn, CEO of Trigger Asset Management
- Mariana de la Roche Wills from INATBA (International Association for Trusted Blockchain Applications) and de la Roche W. Consulting
The Public Welfare Contribution Award celebrates individuals who have harnessed #BlockchainForGood. This award was presented to:
- BreeAnne Yek, Consultant at The Verdant Room
- Milica Dimitrijevic from Positiveblockchain.io
These individuals have demonstrated remarkable dedication, guidance, and pioneering work, significantly advancing the mission of the Blockchain for Good Alliance (BGA) in promoting sustainable development through blockchain technology.
In her closing remarks, Helen Liu, Co-founder and COO of Bybit and founder of BGA, explained how blockchain can bring people together to make a real difference worldwide. Her vision for leveraging blockchain to create worldwide impact was both inspiring and forward-thinking.
About Blockchain for Good Alliance (BGA)
The Blockchain for Good Alliance (BGA) is a long term collaborative non-profit initiative with key partners with the main aim to contribute to societal good by using blockchain technology to solve real world problems. By convening leaders, innovators, and organisations from across the blockchain community, BGA seeks to drive innovation, collaboration, and action towards a more sustainable and equitable world.
For more information
Email: [email protected]
Website: www.blockchainforgood.xyz
Twitter: www.twitter.com/chainforgood
Photo – https://mma.prnewswire.com/media/2558063/Blockchain_Good_Alliance_Hosts_Web3_Oscar_Celebrating_Innovators_Advancing_UN_s.jpg
Logo – https://mma.prnewswire.com/media/2386817/Blockchain_For_Good_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/blockchain-for-good-alliance-hosts-web3-oscar-celebrating-innovators-advancing-uns-sustainable-development-goals-302305827.html
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