🍃Environmental Considerations
Pangea is deeply committed to environmental sustainability, recognising the vital role digital platforms play in reducing ecological footprints. The core of Pangea's environmental strategy lies in its digital-first approach, which inherently reduces the need for physical resources and minimises waste. By facilitating digital governance and transactions, Pangea significantly reduces paper usage and the carbon footprint associated with traditional bureaucratic processes. [Ref#22]
Moreover, Pangea's infrastructure is designed to be energy-efficient, utilising advanced technologies that require less power compared to traditional data centres. The platform also supports using renewable energy sources in its operations and among its partners. Pangea is exploring implementing blockchain solutions that are more energy-efficient than traditional models, recognising the environmental concerns associated with some blockchain technologies. [Ref#23]
The platform's infrastructure annual energy usage has been modelled and estimated using this formula:
EnergyAnnual(kWh) = 8.7w(aUb+c)
U=number of citizens
8.7=Annual kWh per server
w = 50 watts (average server)
a = 0.03 (server efficiency)
b = 0.5 (economies of scale factor)
c = 30 (minimum servers)
Image 1 compares Pangea’s energy consumption per citizen with that of Bitcoin, Ethereum, and Google, highlighting Pangea's efficiency. Furthermore, Pangea plans to offset its environmental impact by investing in carbon credits, contributing to a net negative carbon footprint.
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