IOTA joins blockchain for the United Nations to serve billions of people and companies with superior technology
Source: Tobias Arhelger – Shutterstock
- IOTA and other blockchain technologies in the BC100+ initiative also seek to bring much-needed changes to the energy infrastructure, the global food system.
- The global initiative BC100+ raises awareness of blockchain’s potential for sustainability and social impact.
It is a big win for the stakeholders of the IOTA ecosystem as the IOTA Foundation has become part of the Blockchain for the UN Charter Values and the SDGs Action Plan 100+.
Under the leadership of HE Csaba Körösi, President of the 77th UN General Assembly, the global initiative BC100= seeks to bring together the blockchain ecosystem to the broader efforts of UN agencies and other global initiatives.
⚡️ #IOTA joins BC100+, a global @UN initiative under high protection of @UN_PGAwhich explores the potential of blockchain and #DLT technology to deal with systemic problems such as inequality, poverty and #Climate changes.
— IOTA (@iota) 16 January 2023
By bringing together a range of organizations across multiple sectors, the BC100+ global initiative is raising awareness of blockchain’s potential for sustainability and social impact. It also explores the potential of blockchain technologies to address global issues of climate change, inequality and poverty by rebuilding trust and strengthening communities at a global level.
As we know, the IOTA Foundation has been working with global partners to develop technologies that can provide sustainable and real impact. Being a part of this BC100+ initiative shows that IOTA has great trust and transparency among large organizations.
Harnessing the power of IOTA and other blockchain technologies in the BC100+ initiative also seeks to bring much-needed changes to energy infrastructure, the global food system, as well as biodiversity protection. In collaboration with IOTA and other partners, BC100+ will develop a comprehensive roadmap to address critical societal and sustainability challenges and drive systematic transformation forward using blockchain technology.
IOTA’s contribution to Noble Initiatives
This is not the first time IOTA has been part of a larger global initiative. In the past, IOTA has collaborated with several such initiatives across various societal issues.
For example, the bIOTAsphere projects from IOTA seek to collaborate with various partners worldwide towards a common goal of net-zero emissions. By leveraging blockchain technology, bIOTAsphere offers a fully collaborative and non-profit collaboration where different communities can interact. Similarly, other participating actors can leverage IOTA’s open, secure, public and immutable protocol to build a sustainable infrastructure.
No spam, no lies, just insight. You can unsubscribe at any time.
Using a proven value of Directed Acyclic Graph (DAG), bIOTAsphere also seeks to commercialize IOTA applications. The main goal of bIOTAsphere is to “demonstrate innovation of existing business models through proof of concepts and collaborate with industry leaders to take these innovations forward”.
Furthermore, IOTA has also partnered with Gold Standard and ClimateCHECK to drive the digital transformation of the carbon market. The aim of this initiative is to improve the availability, data quality and resource mobilization of the carbon markets. These three actors will work together to improve the supply side, the demand side and the interoperability of the carbon market.
Crypto News Flash does not endorse and is not responsible or liable for the content, accuracy, quality, advertising, products or other materials on this site. Readers should do their own research before taking any action related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damages or losses caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned.