IOTA Partners with ONU to Bring More Transparency and Efficiency

According to a post on Twitter published by the official account of UNOPS, the self-financing subsidiary that offers project management services, human resources, procurement, infrastructure and financial management of the UN, a collaboration with IOTA has begun.

The two organizations intend to explore IOTA’s innovative technology – which provides an open source data management blockchain – to understand how much efficiency in UNOPS operations can increase.

โ€œWe share a vision where machines, devices, sensors and people connect and communicate to each other – it’s the world of ‘Industry 4.0.’ Harnessing technology that allows for these processes to work simultaneously, without the need for intermediaries, will help expedite our mission as an organization,โ€ said Yoshiyuki Yamamoto, UNOPS Special Advisor on Blockchain Technology.

IOTA Co-Founder Dominik Schiener said: โ€œWe are thrilled to begin working together with UNOPS and to tackle current and future challenges together.  The IOTA Foundation is fully committed to putting the IOTA Tangle to work on behalf of important humanitarian and development causes.โ€

The cooperation between both organizations will further extend to training workshops, thought leadership seminars, and the development of specific proof-of-concepts to bring greater efficiencies to specific areas of UNOPS work.

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