The United Nations Office for Project Services is teaming up with the IOTA Foundation to see how the project's distributed ledger technology can help the UN streamline its workflows.
The UNOPS announced the partnership on Tuesday, saying the two organizations are looking into increasing the operation efficiency of the UN office using IOTA's tangle technology.
The startup notably does not use a blockchain the way networks like bitcoin and ethereum do - yet this is one reason the UN division chose to work with the foundation, said UNOPS special advisor on blockchain technology Yoshiyuki Yamamoto.
He told CoinDesk that IOTA's distributed ledger in particular "Can be operated on battery power or alternative connectivity networks," which can be extremely useful in areas with "Sporadic access to high-speed internet connections or even electricity."
Further, IOTA's ledger is easily compatible with Internet of Things devices, which do not have high computing requirements.
"We are working with the IOTA Foundation to identify the most appropriate use cases for the first , to help address some of the challenges that UN as a whole faces when working in the field. It's very much a collaborative process."
"As we identify gaps in the proposed test solution or additional elements that need to be added, we'll work together with IOTA to identify and involve suitable other partners as well," he continued.
Because the collaboration is educational in nature, Yamamoto could not predict how long it might take to move from a pilot phase to fully implementing IOTA's technology.
Nor is IOTA the only technology that UNOPS is working with.
He also noted that the UN sees the technology as promising, saying the entity would not experiment with the tech if its members did not see real-world use cases.
UN Division Looks to IOTA Ledger Tech for Higher Efficiency
Veröffentlicht auf May 24, 2018
by Coindesk | Veröffentlicht auf Coinage
Coinage
Neueste Nachrichten
Alle ansehen
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.