PlanetWatch Announces the Listing of the PLANETS Token on Bitfinex Exchange – Press release Bitcoin News
PRESS RELEASE. Planetwatch, a French start-up which decentralizes and incentivizes environmental monitoring, introduced that its utility token, PLANETS, will probably be listed on Bitfinex on June 4th. PLANETS are the primary Algorand Normal Asset (barring stablecoins) to be supported on a significant worldwide alternate.
Claudio Parrinello, PlanetWatch’s CEO mentioned: “It is a main milestone for PlanetWatch. Lower than 18 months after firm creation, and regardless of the COVID-19 pandemic, we’ve got managed to display that our Sensible Metropolis as a Service resolution, primarily based on group sensor deployment and crowdsourced air high quality information, can ship business-grade information feeds in a quick and cost-effective method.”
PlanetWatch revolutionizes the way in which we measure air high quality through the use of the Algorand Blockchain, IoT-enabled sensors and AI-based information evaluation. PlanetWatch incentivizes residents to function air high quality sensors and earn token rewards for information streams.
Sean Lee, CEO of the Algorand Basis, mentioned : “We’re delighted to see Bitfinex assist the PLANETS token. The PlanetWatch workforce have proven excellent imaginative and prescient and innovation in creating their “Sensible Metropolis”aaS idea and selecting to create their utility token ecosystem on Algorand’s sustainable, carbon unfavourable blockchain community. We’re excited to see the world uncover the superb potential of crowd sourced air high quality monitoring and the PLANETS token.”
PlanetWatch is specializing in air air pollution, as a result of it causes over 7 million deaths per 12 months (supply: WHO). As well as, current research present proof linking long-term publicity to air air pollution with a rise in mortality from COVID-19 an infection, in addition to a major danger of an infection through aerosol in indoor areas, the place air high quality is usually a proxy for an infection dangers.
PlanetWatch is strongly supported by high-profile companions similar to Algorand, the Algorand Basis and CERN, the main physics analysis lab on the planet, the place the Internet was born.
As supplier of environmental information, PlanetWatch was naturally led to accomplice with Algorand which gives a extremely scalable, decentralized and safe blockchain which can be one of many “greenest” for power consumption. So far as CERN is worried, PlanetWatch is the one firm within the world blockchain ecosystem to be an official “CERN Spin-off”.
PlanetWatch’s community is rising very quick. It at the moment includes roughly 700 sensors, principally in Europe and the USA. Primarily based on the present set up pipeline, the 1,000 sensor milestone will probably be reached in just a few weeks. For extra data on Planetwatch, go to https://planetwatch.io and for additional data on Algorand, go to https://algorand.com.
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