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.
Blockchain
PairedWorld Earns Nomination for Best Blockchain Project for Social Impact, Secures $1.5 Million in Private Token Sales, and Welcomes Paul Taylor Who Is a Venture Partner at BlackRock to its Advisory Board
Blockchain
Saakuru Leads the Gasless Blockchain Revolution, Disrupting the Industry
Saakuru has recently achieved significant milestones in its development, positioning itself as a leader in the gasless blockchain revolution that is reshaping the industry. Within just nine months of its launch, the consumer-centric L2 protocol has entered the top 5 brands in its niche and records over 1.44 million weekly users, according to data from DappRadar.
The project is gearing up for the official launch of its Saakuru token ($SKR) by the end of April, supported by a successful private funding round that raised $2.4 million. Saakuru Protocol stands as a pioneering advocate of gasless technology, aiming to accelerate the adoption of Web3 into the mainstream by enhancing the user experience and reducing costs for both developers and end users.
Unlike traditional blockchain networks, which often suffer from high gas fees and security issues, Saakuru Protocol leverages Oasys High-Speed Optimistic Rollups to create a public-permission, gas-less L2 blockchain. This innovative approach eliminates gas fees, improves user experience, and introduces new tokenomics models, enabling the development of versatile decentralized applications with higher security standards, cost-effectiveness, and ease of use.
The Saakuru token serves as a multi-purpose token within the protocol, providing utility and governance. Its advanced burning mechanism gradually reduces the token supply while potentially increasing its value. The token is integrated into all operational layers of the Saakuru protocol:
1. Developer Layer (Saakuru Labs): Provides products and services with proprietary business models, burning 10% of profits.
2. DeFi Layer (Taffy DEX): Utilizes Taffy DEX technology, where 0.005% of transaction fees are converted to SKR tokens and burned.
3. Governance Layer: Enables token holders to participate in protocol governance, with 5% of tokens used for governance initiating the review process being burned.
4. Protection Layer: In the event of triggering the protection mechanism, SKR tokens are burned, with 3% of saved tokens being burned.
Through these innovative features and layers, the Saakuru token and protocol aim to drive adoption, enhance functionality, and provide sustainable value for users and stakeholders alike in the evolving blockchain landscape.
Source: finance.yahoo.com
The post Saakuru Leads the Gasless Blockchain Revolution, Disrupting the Industry appeared first on HIPTHER Alerts.
Blockchain
RFK Jr. Proposes U.S. Budget Transparency with Blockchain
RFK Jr.’s innovative proposal seeks to revolutionize how the American public interacts with the national budget, leveraging blockchain technology to provide unprecedented levels of transparency and accountability.
Under this plan, every detail of the U.S. budget would be recorded on a blockchain ledger, accessible to the public 24/7. RFK Jr. highlighted the transformative potential of blockchain by emphasizing that “Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day.” This approach aims to engage citizens in the fiscal management of the country, with the goal of ensuring that every dollar spent is visible and accountable.
The proposal promises several significant benefits. Firstly, it could substantially reduce corruption and misuse of funds by enabling real-time monitoring of budget allocations. Secondly, it could strengthen the relationship between citizens and their government, potentially fostering greater trust and civic engagement.
However, implementing such a system presents challenges. One major obstacle is the immense amount of data involved in transcribing the entire national budget onto a blockchain. This requires a highly robust and scalable blockchain infrastructure. Additionally, ensuring universal access and usability of this technology for all Americans may require extensive educational initiatives and improvements in digital infrastructure.
Moreover, there are concerns regarding privacy and security. While blockchain offers inherent security features, the continuous updating and review of vast amounts of data could pose vulnerabilities that need to be addressed to prevent breaches.
Nevertheless, the potential benefits of RFK Jr.’s proposal are compelling. If successful, it could serve as a model for other nations, demonstrating how blockchain can enhance transparency and public participation in government. Ultimately, this initiative has the potential to redefine the standards for accountability and transparency in government spending, marking a significant step forward in the management of public resources.
Source: altcoinbuzz.io
The post RFK Jr. Proposes U.S. Budget Transparency with Blockchain appeared first on HIPTHER Alerts.
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