IOTA is partnering with tech giant Dell to produce a carbon footprint monitoring resolution

The Iota Foundation, the organization behind the IOTA blockchain, has partnered with tech giant Dell Technologies to produce a information-driven resolution for true-time carbon footprint monitoring.

The afternoon of 06/06. Dell Technologies’ Edge Computing and Telecommunications Solutions Division announced the union of the Iota Foundation, a technological innovation organization centered on climate alter ClimateCHECK, and BioE, to jointly produce a resolution based mostly on the inner initiatives of Dell Data Confidence Fabric (DCF) and Project Alvarium.

In truth, in February 2021, the Iota Foundation actively participated in the Alvarium venture collectively with numerous other technological innovation giants this kind of as Intel and Linux. Alvarium was to start with conceived by Dell Technologies in 2019 to use DFC censored information on heterogeneous methods.

Sharing details of his latest idea, Matthew Yarger, Head of Automation at the Iota Foundation, explains that the four companies have come together to develop a digital integration (MRV) tool for measurement, reporting and verification.

In collaboration with the Alvarium project, MRV is able to extract data from sensors, manually enter and process it through the Dell PowerEdge server to ultimately provide near real-time information on markings. ease.

Basically, the carbon footprint is the total amount of greenhouse gas emissions that result from the production, use and end of life of a product or service, including substances that damage the environment such as carbon dioxide (CO2) , methane (CH4), etc.

Overall, this is indeed a significant step forward for IOTA in connecting with the traditional world to create practical applications for blockchain technology. Previously, the platform was selected by the European Commission as one of five entities entering Phase 2 of the European blockchain services infrastructure (EBSI) technology development campaign.

However, in terms of project construction, IOTA appears to be slowing slowly from what accelerated by the protocol in the fourth quarter of 2021, through a series of new developments such as beta implementations for Smart Contract, launched the Shimmer test network modeled on Kusama and Polkadot and launched Assembly, a potential decentralized Web3 platform to expand the IOTA ecosystem, successfully raising $ 100 million in just 1 week of its first release.

Interestingly, the Iota Foundation’s move is quite coincident with the carbon restriction trend of many popular blockchain projects today, moving towards the goal of using modern blockchain technology to contribute to climate sustainability, and then affirming the position. of the platform brand globally.

When the bear market cycle began to take shape in early 2022, there were many such examples. Typically, the presence of billionaire Mark Cuban when he commits to periodically repurchase $ 50,000 of carbon on KlimaDAO (KLIMA), VeChain (VET) builds a blockchain platform that improves carbon data reporting, and Polygon (MATIC) has announced it will move towards its goal of being carbon neutral in 2022.

The carbon theme was also tapped into the “Super trick” behind WeWork by raising $ 70 million for its own blockchain project. More specifically, Elrond (EGLD), the platform that just suffered a “ground” price slump on Maiar DEX, has become the first “no” carbon blockchain in Europe.

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