Iota, Dell, BioE, and ClimateCHECK join hands to develop real-time carbon footprint tracking technology
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The Iota Foundation, which provides distributed ledger technology ecosystem, has collaborated with Dell Technologies to develop data-driven solutions for real-time tracking of carbon footprints.
The tech-giant Dell announced the partnership with Iota, BioE and climate-change and betterment technology company ClimateCHECK via a tweet. This partnership aims at developing solutions on top of Project Ivarium and Dell’s in-house DCF (Data Confidence Fabric) initiatives.
Dell conceptualised the project Alvarium in 2019 to utilise vetted data from the “trust fabric†or DCF across heterogeneous systems. Iota has been an active participant in it.
The head of sustainability at the Iota Foundation, Matthew Yarger, stated, “Transparency and trust in data are paramount for addressing global issues of climate change and transitioning to climate action.â€
Yarger shared the initiative’s details that the four companies have together built an integrated digital measurement, reporting and verification (MRV) tool.