Friday, 10 April 2020

United Nations Division Looks to IOTA Ledger Tech for Higher Efficiency

The UN Office for Project Service (UNOPS) is collaborating with the IOTA Foundation to perceive how the project’s distributed ledger technology can assist the UN to streamline its workflows.

The UNOPS declared the partnership on Tuesday, stating the two organizations are looking into enhancing the operation efficiency of the UN office applying IOTA’s tangle technology.

UNOPS special advisor on blockchain technology Yoshiyuki Yamamoto stated, the startup notably doesn’t use a blockchain the way network as Bitcoin and Ethereum do yet this is one reason the UN division chose to work with the foundation.

He stated that IOTA’s distributed ledger specifically “can be operated on battery power or alternative connectivity networks,” which can be very useful in an area with “sporadic access to high-speed internet connections or even electricity.”

Moreover, IOTA’s ledger is easily compatible with Internet of Things, which don’t have high computing demands.

That being said, the collaboration is mainly about learning how UNOPS and IOTA can best use the technology.

Yoshiyuki Yamamoto stated:

“We are working with the IOTA Foundation to distinguish the most relevant use cases for the initial proof-of-concept, to help address some of the difficulties that UN as a whole faces when working in the field. It’s very much a collaborative process.”

Since the partnership is educational, Yoshiyuki Yamamoto couldn’t predict how long it might take to move from a pilot stage to a fully implementing IOTA’s Technology.

He continued:
“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.”

Nor is IOTA the only technology that UNOPS is working with. Yoshiyuki Yamamoto noticed that the organization has now started working with “a number of start-ups and incubators from across the DLT spectrum” and keeps on searching for a better solution.

He stated:
“It depends completely on the complexity of the problem being tackled and how many different parts the solution entails require to be integrated: hardware, software, user experience, etc. It is tough to know in advance what the sticking points will be.”

He further noted that the UN views the technology as promising, stating the element wouldn’t experiment with the tech if its members didn’t see real-world use cases.

He concluded:
“We don’t do blockchain for blockchain’s sake. We have fewer resources and personnel, so we have to concentrate our efforts on resolving real-world challenges. Our preferences stem from our mission as an organization, not from the fads of the crypto space.”

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