Iota Foundation joins Dell to develop real-time carbon footprint tracking

Share This Post

The Iota Foundation joined Dell along with ClimateCHECK and BioE to fight climate change using real-time carbon footprint data.

Iota Foundation, a non-profit distributed ledger technology ecosystem provider, partnered with tech giant Dell Technologies to develop a data-driven solution for the real-time tracking of carbon footprints. 

Edge solutions from Dell Technologies announced the onboarding of Iota, climate-change-focused technology company ClimateCHECK, and BioE, to develop a solution on top of Dell’s in-house initiatives: Data Confidence Fabric (DCF) and Project Alvarium.

Iota has been an active participant in Project Alvarium, which was first conceptualized by Dell Technologies in 2019 to utilize vetted data from the DFC or “trust fabric” across heterogeneous systems. Matthew Yarger, head of sustainability at the Iota Foundation, stated:

“Transparency and trust in data is paramount for addressing the global issues of climate change and transitioning to climate action.”

Sharing details about the initiative, Yarger explained that the four companies together developed an integrated digital measurement, reporting and verification (MRV) tool.

In conjunction with Project Alvarium, the digital MRV can pick up data from sensors and manual input and process it through Dell PowerEdge servers to ultimately deliver near real-time insights into the carbon footprints of BioE’s sustainable energy and composting facility. Yarger added:

“We’re now able to track and verify data around climate change and how we’re actively trying to address it at a level that’s never been achieved before.”

Related: Kenyan energy company entices Bitcoin miners with geothermal power

KenGen, an energy company from Kenya recently invited Bitcoin (BTC) miners to run their operations using its renewable power capacity.

As Cointelegraph reported, KenGen generates 86% of its energy through renewable geothermal sources. Local reports suggest that KenGen plans to rent out space from its Olkaria facility, situated at a volcanic site.

The acting director of geothermal development at KenGen, Peketsa Mwangi, too confirmed the company’s intent to host Bitcoin miners in Kenya:

“We’ll have them here because we have the space and the power is near, which helps with stability.”

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Price Forecast: Q4 Outlook Indicates Parabolic Move Toward $120,000

For the past five days, the Bitcoin price has remained locked in a narrow range between $62,000 and $64,000, following a surge of bullish sentiment triggered by the US Federal Reserve’s (Fed)

Analysts Link Silver Bull Market to Upcoming Macroeconomic Crisis

Analysts from the Kobeissi Letter, a global capital markets commentary, have assessed that the behavior of silver, which is experiencing a larger bull market than gold, may forecast a significant

SEC chair Gensler reaffirms Bitcoin’s commodity status, criticizes industry’s disregard of rules

US Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated that Bitcoin is not classified as a security, providing a critical clarification amid ongoing regulatory scrutiny of the

Bitcoin On The Brink: Predictions Range From $56K To $180K As Analysts Eye Breakout

The price of Bitcoin has been a heated issue recently since different financial institutions project different future images of it Bitcoin is valued about $63,000 as of September 26, 2024; it shows

Crypto.com Unveils AI-Powered SDK for Blockchain Developers

Cryptocom has introduced a new artificial intelligence (AI) tool designed to aid developers in integrating natural language capabilities with blockchain functions The new software development kit

Bitcoin Peaks At Highest Value In 2 Months Above $65,000: Bull Run Predictions

For the first time in nearly two months, Bitcoin (BTC) has surpassed the $65,000 mark, marking a significant recovery following two notable downturns in August and September During these crashes,