Algorand and planetwatch have undergone a partnership in January 2020 to aid Planetwatch; an environmental tracking service to construct the world's first immutable air best ledger using the Algorand blockchain as well as the Internet-of-Things (IoT) technologies.
What's Planet Watch?
Planet watch is a network dedicated to serving air quality sensors globally and it is made up of individuals focused on making the environment it's best.
Members and users of Planetwatch purchase and deploy air quality sensors outside their homes or convey them while on transit.
Businesses and foundations who adopt planet watchers are made as a global partner of Planetwatch for haven helped to cover up necessary procurement, installments as well as maintenance charges for air quality sensors.
Name of such businesses and firms are linked to a high-profile project( Planet watch), for instance, "the enabler of air quality monitoring in a highly polluted city”
The Partnership: Planetwatch global air quality
PlanetWatch will keep data accrued from air best sensors onto the Algorand blockchain, and in the end reward contributions that have served utmost importance to the surroundings by the distribution of the PLANET token; a utility token built for https://planetwatch.io/.
Air pollution has been recorded as a major health challenge worldwide and it was cited by World Bank to be the fourth largest health risk challenge in today's world, air quality monitoring isn't just a problem face by a part of the earth's population but the earth as a whole and is of major concern to everyone ranging from the governments, regulators, and citizens.
Currently, air quality monitoring strategies available are insufficient because of no real-time data reporting, which results in delays in pollutants peaks detection and no well-timed warnings for populations at risk.
PlanetWatch is grooming an international community of air quality sensors and environmentally conscious group of persons that will set up air quality sensors outdoors of their homes and convey sensors while commuting and traveling, to validate, filter, and show data on the Internet via a mobile cell software in real-time. The confirmed data will then be transmitted onto the Algorand blockchain for the creation of an immutable air quality repository that will be handy to all participants. As early stated, Sensor owners will have a share of PLANET tokens as it will be distributed to them for their efforts of contributing air quality data to the repository.
Algorand's COO W. Sean Ford stated that
"Algorand's protocol was built by the team to be power-aware with minimum processing strength needed to reap consensus in its innovative poor-proof-of-stake approach,"
"The eco-friendliness of the Algorand blockchain makes for a natural partnership with PlanetWatch to assist the international population to get entry to transparent, dependable statistics about air quality in their locations. Blockchain, in general, gets a complaint about high-energy outputs, however with Algorand's energy green network participation, there is a run for being a part of environmental answers from air quality and beyond, and the partnership with the environment's largest advocates; PlanetWatch will help to boost this aim of Algorand's.
Furthering real-time Air-quality monitoring using the Algorand blockchain
Recently Planetwatch announced that it has been able to raise 550K EUR from a blend of private and public financial institutional investors and this round was led by RA.MO.
> RA.MO is an Italian investment and cultural holding company already known for its drawing collection by 900 Italian artists and Belleville -Typee school with its innovative approach at writing teaching and critical thinking.
PlanetWatch will store ongoing data accumulated from a thick work of air quality sensors onto the Algorand blockchain, and as usual follow its reward manner of giving the PLANET token, a utility token, to sensor owners and contributors. PlanetWatch have been able to create partnerships over time with transport and broadcast communications organizations, local authorities, and so forth
With the World Bank referring to air contamination as the fourth biggest health danger on the planet, and fundamental investigations demonstrating that drawn-out presentation to high air contamination levels builds COVID-19 death rates, mindful air quality checking is a worldwide test for governments, controllers, and residents.
Federico Tomassini, CEO of RA.MO, in a statement, said
"In this era, our ambition is also to be part of Social Impact investments and PlanetWatch represents a combination between Technology Innovation and a model of growing Environmental awareness among the people. This is a culture we aim to contribute to spreading".
"This effective financing round empowers Planetwatch to seek after more exceptional way to deal with air quality checking, which uses the engagement of mindful residents along with a top-class technology portfolio.
Palnetwatch is aspired to fill the data gap in air quality monitoring and encourage the investigation of relationships between air contamination pinnacles and expected causes at the neighborhood levels. This is required because today when urban communities experience elevated levels of air contamination, moderation measures are inadequate. Commonly, road traffics limitations are authorized, yet their effect on air quality is frequently restricted as other contamination sources (for example; domestic heatings, mechanical plants, open flames, and so on) assume a job which is difficult to survey because of the absence of high-goal, real-time data."
"PlanetWatch's capacity to close an effective round of subsidizing and convey a Minimum Viable Product exhibits the estimation of their environmental solution on the blockchain," said W. Sean Ford, COO of Algorand. "We have been supporting this task from its commencement and we anticipate their full dispatch in the coming months."
PlanetWatch is the first blockchain organization to join the side project association program by CERN, the biggest fundamental physics science research center on earth. They have also additionally joined the Eterna Borderless Venture Studio, a consolidated activity drove by Eterna Capital, Borderless Capital, and Algorand to help projects hoping to manufacture applications on the Algorand platform.
PlanetWatch activates innovative air quality monitoring in two key Italian cities
Of recent, Planetwatch were able to activate more than 100 sensors in the Italian urban communities of Milan and Taranto, this was made possible by leveraging the Algorand blockchain to construct and develop a global air quality ledger.
PlanetWatch assembles its worldwide air quality sensors by joining city explicit partnership networks and the production of a worldwide network of individual air sensor proprietors.
With the support of Algorand's foundation, "grant" and the solid partnerships with wiseair in Milan, a resident association in Taranto, fast and consistent sensor deployment in these urban communities was achieved.
"By expanding on a blockchain with the speed and size of Algorand, PlanetWatch can be certain that as their network scales to millions of devices and day by day estimations, Algorand will serenely deal with data volumes, while making the data open to all."
It has been estimated that air pollution kills roughly seven million persons globally on a yearly interval, with the adoption and utilization of Planetwatchers can reduce this high occurrence of mortality rate can drastically be reduced
And Algorand as a permissionless, pure-proof-of-stake blockchain serves as the best place to keep all needed records to provide a pollutant air-free environment.