Tech

Iota Foundation joins Dell to develop real-time carbon footprint tracking

06/07/2022
Bitcoin Ethereum News

Iota Foundation, a nonprofit distributed ledger technology ecosystem provider, has partnered with tech giant Dell Technologies to develop a data-driven solution for the real-time tracking of carbon footprints. 

Dell’s edge solutions team announced the onboarding of Iota, climate change-focused technology company ClimateCHECK and BioE to develop a solution on top of Dell’s in-house Data Confidence Fabric (DCF) and Project Alvarium initiatives.

Iota has been an active participant in Project Alvarium, which Dell first conceptualized in 2019 to utilize vetted data from the DCF, or “trust fabric,” across heterogeneous systems. Mathew Yarger, head of sustainability at the Iota Foundation, stated:

“Transparency and trust in data is paramount for addressing the global issues of climate change and transitioning to climate action.”

Sharing details about the initiative, Yarger explained that the four companies developed an integrated digital measurement, reporting and verification (MRV) tool.

In conjunction with Project Alvarium, the digital MRV can pick up data from sensors and manual input and process it through Dell PowerEdge servers to ultimately deliver near-real-time insights into the carbon footprints of BioE’s sustainable energy and composting facility. Yarger added:

“We’re now able to track and verify data around climate change and how we’re actively trying to address it at a level that’s never been achieved before.”

Meanwhile, KenGen, a Kenya-based energy company, recently invited Bitcoin (BTC) miners to run their operations using its renewable power capacity.

As Cointelegraph reported, KenGen generates 86% of its energy through renewable geothermal sources. Local reports suggest that KenGen plans to rent out space from its Olkaria facility, situated at a volcanic site.

The acting director of geothermal development at KenGen, Peketsa Mwangi, confirmed the company’s intent to host Bitcoin miners in Kenya:

“We’ll have them here because we have the space and the power is near, which helps with stability.”