IOTA Foundation announced a new phase of partnership with ClimateCHECK with more focus on increasing trust in the climate data. The partnership is part of an ongoing collaboration between organizations that started the pilot phase in Chile as part of the Reciclo Orgánicos program supported by the ECCC of the Canadian Government. The two organizations try to develop a biodigester project in the new phase.
Digitizing the MRV of Climate Data with Blockchain
Blockchain use-cases are not limited to financial services. There are many things that can be revolutionized by decentralized technology.
Data gathering and management are some of the most crucial sectors of the technology world that can benefit a lot from blockchain technology.
Trustfulness and reliability of various types of data can be guaranteed when using blockchain technology. IOTA is one of the most active projects in this area, and the IOTA Foundation tries its best to increase partnerships and provide IOTA tools to more organizations.
A new partnership with ClimateCHECK is now formed and helps the IOTA Foundation show the capabilities of this blockchain in digitizing the MRV (measurement, reporting, and verification) of data related to climate actions.
“The biodigester project recovers and processes organic residuals from the San Pedro Wine Company vineyards in Molina, Chile, the first winery in the world with the technology to reduce its carbon footprint and conserve water and soil resources. As part of the project, organic waste is processed in an advanced anaerobic digester to produce biogas for heat and electricity, which offsets the use of fossil fuels. Furthermore, digested residues digested by bacteria are used as a soil fertilizer.“
Reciclo Orgánicos rewarded the biodigester project to IOTA Foundation and ClimateCHECK. The organization aims to combat climate change in Chile. As part of its activities, Reciclo Orgánicos captures gas in landfills and converts it to clean energy.
IOTA Foundation brings the IOTA Streams technology to the new biodigester project. It helps the system secure the data inputs near the source. Collecting, measuring, and analyzing the emission data will be much easier using this technology. IOTA Tangle comes to action in the next phase. It helps the system make data publicly available in near real-time. After all, the whole process will be more secure, cost-efficient, and feasible.
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