Dell Technologies has recently joined hands with IOTA Foundation. The main purpose of this partnership is to develop data-driven solutions, mainly for real-time carbon footprint tracking. Edge Solutions, managed by Dell, recently made the joint venture of IOTA, ClimateCHECK, and BioE public. The primary aim of this partnership is to establish certain solutions directly linked to Dell’s in-house activities. These activities include Project Alvarium as well as Data Confidence Fabric.
Over time, IOTA has managed to establish its name as a faithful partner of Dell Technologies. The platform has issued immense support for the progression of Project Alvarium. The idea for the project was presented by Dell back in 2019. Dell had envisioned the seamless utilization of vetted information from DFC.
— Dell Edge & Telecom (@Dell_Edge) June 6, 2022
How Will the Partnership Benefit Dell and IOTA?
The Head of sustainability at IOTA, Matthew Yarger, recently issued a statement that highlighted the importance of trust and transparency while managing data. This transparency would further make it possible to highlight and address climatic issues as well as transition to climate action. On the other hand, Yarger also made it clear that the four organizations have achieved the development and implementation of a Digital Measurement, Reporting, and Verification (MRV) tool.
Apart from Project Alvarium, the MRV tool would enable these four firms to identify and detect data from different sensors as well as numerous manual inputs. Such data would eventually end up getting processed through the seamless use of Dell’s PowerEdge. This process would end up providing real-time analysis and insights related to BioE’s sustainable facilities.
In accordance with this, Yarger mentioned that it was now possible for them to closely monitor and track data related to climate change. This has made it possible for them to address the situation on entirely different levels that were unachieved previously. Thus, it is anticipated to be a breakthrough in the carbon footprint tracking of the organization.
The crypto sector is pursuing climate goals to ensure more sustainability in the network. A similar initiative was taken by the officials at KenGen, a Kenyan energy company. It has invited a great number of bitcoin miners to mine crypto through their sustainable and renewable power capacity.
KenGen is responsible for the production of roughly 86% of its overall energy through the effective utilization of resources. The company would rent out some of its space to its Olkaria facility, which is situated on a volcanic site. Such initiatives will positively transform the use of energy in the crypto sector.