Blockchain
PlanetWatch, a decentralized environmental monitoring pioneer, announces a major transatlantic partnership
PlanetWatch, a French company which decentralizes and incentivizes environmental monitoring by leveraging the Algorand blockchain, is announcing a strategic partnership with EMRIT, a US-based company which is building the new IoT wireless internet.
EMRIT will fund the deployment of thousands of PlanetWatch-compliant air quality monitors, boosting the deployment of the PlanetWatch network across Europe, the USA and Asia.
“We at Emrit are proud to partner with PlanetWatch and expand our IoT Blockchain footprint and create exciting earning opportunities for the community. Not only can you monitor the quality of the air in your environment, but you also earn rewards as well! This is a win-win for any owner of a PlanetWatch sensor.” – Jiten Varu, CEO of EMRIT.
Claudio Parrinello, the CEO of PlanetWatch said: “Our partnership with EMRIT will deliver incredible synergies between two highly disruptive and forward-looking companies which both leverage advanced technologies and the engagement of local communities. We are enabling Smart City as a Service solutions and implementing a circular economy where citizens make their city smart and reap immediate benefits from their commitment. Anybody can become a PlanetWatcher and help us look after our planet!”
PlanetWatch revolutionizes air quality monitoring by using the Algorand Blockchain, IoT sensors and AI data analysis, and incentivizing citizens to operate air quality sensors and earn token rewards for data streams. PlanetWatch can then deploy dense, real-time sensor networks and deliver hyperlocal, street-level, business-grade environmental data quickly and cost effectively.
PlanetWatch’s current focus is on air pollution as it causes over 7 million deaths per year (source: WHO). Also, recent studies link long-term exposure to air pollution with an increase in mortality from COVID-19 infection, and a significant risk of infection via aerosol in indoor spaces, where air quality is a proxy for infection risks.
PlanetWatch is strongly supported by high-profile partners such as Algorand, the Algorand Foundation and CERN, the leading physics research lab in the world, where the Web was born.
PlanetWatch was naturally led to partner with Algorand which provides a highly scalable, decentralized and secure blockchain which is also one of the “greenest” around in terms of energy consumption. With regard to CERN, PlanetWatch is the only company in the blockchain ecosystem being an official “CERN Spin-off”.
PlanetWatch’s network is growing very fast. It is fast approaching 1,000 connected sensors, mostly in Europe and the USA. Its utility token, PLANETS, has just been listed on Bitfinex.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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