The IOTA Foundation, a non-profit provider of a distributed ledger technology ecosystem, has partnered with tech giant Dell Technologies to develop a data-driven, real-time carbon footprint solution.
Edge Solutions from Dell Technologies announced the engagement of IOTA, climate change technology company ClimateCHECK, and BioE to develop a solution based on Dell’s internal Data Confidence Fabric (DCF) and Project Alvarium initiatives.
— Dell Edge & Telecom (@Dell_Edge) June 6, 2022
IOTA has been an active contributor to the Alvarium project, a concept pioneered by Dell Technologies in 2019 to leverage validated data from DFC or “fabric of trust” in heterogeneous systems. Matthew Yarger, Head of Sustainability at the IOTA Foundation, said:
“Transparency and trust in data is paramount to addressing the global challenges of climate change and the transition to climate action.”
Sharing details about the initiative, Yarger explained that the four companies have worked together to develop an integrated digital measurement, reporting, and verification (MRV) tool.
Combined with Project Alvarium, the digital MRV can collect sensor data and manually enter it 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 facility. Yarger added:
“Now we can track and verify data on climate change and how we are actively trying to address this issue at a level that has never been seen before.”
Kenyan Energy Company Attracts Bitcoin Miners With Geothermal Power
KenGen, an energy company from Kenya, recently invited bitcoin (BTC) miners to run their operations using their renewable energy sources.
According to Cryptooshala, KenGen generates 86% of its energy from renewable geothermal sources. Local reports suggest that KenGen plans to rent space at its Olkaria facility, located on a volcanic site.
Peketsa Mwangi, acting director of development for geothermal energy at KenGen, also confirmed the company’s intention to host bitcoin miners in Kenya:
“We’ll have them here because we have space and electricity nearby, which helps with stability.”
Credit : cointelegraph.com