Why The IOTA Foundation Donated £1M To The Imperial College
The IOTA Foundation announced a major contribution to the Imperial College. The non-profit organization based in Europe donated £1 million to the world-renown academic institution to research potential improvements to the circular economy supported by decentralized ledger technology (DLT). Related Reading | Why IOTA Was Chosen By The European Union To Develop Blockchain Solutions According to the Ellen MacArthur Foundation, the circular economy contemplates a transformation of the world’s economic model to reduce or eliminate the production of waste. Thus, economic agents would adopt....
Related News
Cointelegraph tech reporter Tom Farren visited Imperial College London to gain firsthand insight into its joint project with Iota and the potential use cases for DLT in the environmental space. The Iota Foundation and Imperial College London recently announced the launch of a four-year distributed ledger technology, or DLT, initiative designed to research and develop solutions to foster socially conscious, circular economic models and businesses around servitization.The Imperial-Iota-Infrastructures Lab, known as the I3-Lab, will operate within the Dyson School of Design Engineering and....
This piece has been updated with comment from Imperial College Professor William Knottenbelt. Imperial College London has established a research center dedicated to blockchain initiatives. Announced in the university's summer newsletter, the Centre for Cryptocurrency Research and Engineering grew out of previous Imperial College efforts aimed at exploring bitcoin and the blockchain. The university, founded in 1907, is considered one of the world's top technical institutes. The notice explained: "With an overwhelming response from staff and students, the Centre will now coordinate research....
Imperial College London has collaborated with Blockchain to launch the Digital Asset Research Lab. The blockchain is slated to be the future of technology, irrespective of the industry segment. As more industries continue to explore the distributed ledger technology for their operations, the educational institutions are also preparing themselves for the said technological shift. The renowned Imperial College London has taken a step in that direction by starting the Digital Asset Research Lab. The Imperial College’s Digital Asset Research Lab is set up in collaboration with Blockchain, the....
The Iota board said it had “parted ways” with Sønstebø due to the fact its interests have “diverged significantly” with those of the co-founder. David Sønstebø will no longer be a part of the Iota Foundation, a non-profit which he helped co-found and most recently co-chaired.According to an announcement from the Iota Foundation, the organization has “parted ways” with Sønstebø. It said it was a "unanimous decision, made by the Supervisory Board in the best interest of Iota and its ecosystem."The announcement stated the project’s interests have “diverged significantly” with the....
Iota Foundation joined hands with Dell Technologies to introduce a data-driven solution which will facilitate real-time tracking of carbon footprints. The consistent concerns regarding the rise in carbon footprints, Iota Foundation, a non-profit distributed ledger technology ecosystem provider, in partnership with Dell Technologies is now developing an integrated digital form of measurement which will also […]