IOTA Foundation partners with Dell Technologies to combat climate change and develop a data-driven solution to track carbon footprints in real time.
IOTA partners with Dell to track carbon footprints in real time
Iota Foundation is partnering with Dell Technologies, BioE and ClimateCHECK to fight climate change together through real-time carbon footprint monitoring. Here is the announcement from Dell Technologies:
— Dell Edge & Telecom (@Dell_Edge) June 6, 2022
“We’ve partnered w/ @Iota, BioE, & @ClimateCHECK to develop real-time carbon footprint tracking through a #data confidence fabric! Hear how #ProjectAlvarium accurately tracks carbon footprints w/ #DellTech Edge solutions”.
This is Iota Foundation’s involvement as a non-profit distributed ledger technology ecosystem provider. In fact, the internal projects of Dell’s Data Confidence Fabric (DCF) and Project Alvarium, aim to create specifically a data-driven solution using Iota.
Iota and the data-driven solution to monitor the carbon footprint in real time
Project Alvarium, involving Iota, was first conceived by Dell in 2019, using verified DCF, or “‘trust fabric”, data in heterogeneous systems. Now, the project and the four companies have developed an integrated digital measurement, reporting and verification (MRV) tool.
In this regard, Mathew Yarger, Head of Sustainability at the Iota Foundation, said:
“Transparency and trust in data is paramount for addressing the global issues of climate change and transitioning to climate action. […] 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”.
In practice, the digital MRV can collect data from sensors and manual input and process it through Dell PowerEdge servers to ultimately provide near real-time information on the carbon footprint of BioE’s sustainable energy and composting plant.
Kenya and green mining
Speaking of fighting climate change, Kenya’s largest energy operator, KenGen, recently announced plans to attract Bitcoin mining operators to use the excess geothermal energy the country produces.
In practice, KenGen claims that 86% of its energy is derived from renewable sources such as geothermal, hydro and wind power, and that some of this energy remains untapped.
By starting crypto mining in the country, KenGen could increase the environmental sustainability of this activity, which is still seen as energy-intensive.