{"id":54956,"date":"2018-05-23T00:42:36","date_gmt":"2018-05-23T07:42:36","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=54956"},"modified":"2019-11-25T04:24:31","modified_gmt":"2019-11-25T04:24:31","slug":"united-nations-office-for-project-services-announces-collaboration-with-iota","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/united-nations-office-for-project-services-announces-collaboration-with-iota\/","title":{"rendered":"United Nations Office for Project Services Announces Collaboration with IOTA"},"content":{"rendered":"<p>In a joint venture to bring \u201ctransparency and efficiency\u201d to the work of the United Nations, <a href=\"http:\/\/cryptoslate.com\/coins\/iota\">IOTA<\/a> has signed a Memorandum of Understanding with the United Nations Office for Project Services.<a href=\"https:\/\/twitter.com\/UNOPS\/status\/998947611540418560\"><br \/>\n<\/a><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\u201cShared ? problems require shared ?\u00a0solutions.\u201d We&#39;ve partnered w\/ <a href=\"https:\/\/twitter.com\/iotatoken?ref_src=twsrc%5Etfw\">@iotatoken<\/a> to explore how innovative data management tech can enhance the efficiency of humanitarian & development operations. | <a href=\"https:\/\/twitter.com\/hashtag\/distributedledger?src=hash&ref_src=twsrc%5Etfw\">#distributedledger<\/a> <a href=\"https:\/\/t.co\/GHbbB2Pm9d\">https:\/\/t.co\/GHbbB2Pm9d<\/a><\/p>\n<p>&mdash; UNOPS (@UNOPS) <a href=\"https:\/\/twitter.com\/UNOPS\/status\/998947611540418560?ref_src=twsrc%5Etfw\">May 22, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Operating across more than\u00a0<a href=\"https:\/\/www.unops.org\/about\">80 countries<\/a>, UNOPS has a stated interest in using <a href=\"https:\/\/cryptoslate.com\/iota\/\">IOTA\u2019s<\/a> DAG-based ledger to optimize its efforts in global peace, security, humanitarianism, and development.<\/p>\n<h2>Who is UNOPS?<\/h2>\n<figure id=\"attachment_54973\" aria-describedby=\"caption-attachment-54973\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-54973 size-medium\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/unops-logo-300x89.jpg\" alt=\"UNOPS IOTA\" width=\"300\" height=\"89\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/unops-logo-300x89.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/unops-logo.jpg 600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-54973\" class=\"wp-caption-text\">The United Nations Office for Project Services is an operational arm of the United Nations, dedicated to implementing projects for the United Nations System, international financial institutions, governments and other partners around the world<\/figcaption><\/figure>\n<p>A central operational arm of the United Nations, UNOPS is a self-financed subsidiary offering project management, human resources, procurement, infrastructure and financial management services to the UN.<\/p>\n<p>Regularly liaising with the World Bank, United Nations Development Program, and the Department of Peacekeeping Operations, the collaboration could be a significant milestone for the Germany-based IOTA.<\/p>\n<p>In a bipartisan <a href=\"https:\/\/www.unops.org\/news-and-stories\/news\/unops-and-iota-collaborate-to-bring-transparency-and-efficiency-to-un-work\">press release<\/a>, both parties explained how IOTA\u2019s technology would economize the administration of UN documents, real-time transactional payments, and supply chains.<\/p>\n<p>While the news is a plainly positive sentiment-booster for IOTA, bulls would appear indifferent to the collaboration. Amidst late May's sub-$8000 BTC price, IOTA's value seems, in fact, to have declined since the announcement's outbreak.<\/p>\n<h2>Why IOTA?<\/h2>\n<p>Aiming to become the \u201c<a href=\"http:\/\/iota.org\">backbone<\/a>\u201d standardized ledger for the Internet of Things (IoT), IOTA facilitates transactions between the world\u2019s 8.4 billion interconnected devices (according to a research <a href=\"https:\/\/www.gartner.com\/newsroom\/id\/3598917\">report<\/a> by Gartner).<\/p>\n<figure id=\"attachment_2031\" aria-describedby=\"caption-attachment-2031\" style=\"width: 300px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2031\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2017\/09\/iota-small-cover-300x137.jpg\" alt=\"IOTA\" width=\"300\" height=\"137\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2017\/09\/iota-small-cover-300x137.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2017\/09\/iota-small-cover.jpg 482w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-2031\" class=\"wp-caption-text\">IOTA is focused on being useful for the emerging machine-to-machine (m2m) economy of the Internet-of-Things (IoT), data integrity, micro-\/nano- payments, and other applications where a scalable decentralized system is warranted.<\/figcaption><\/figure>\n<p><a href=\"https:\/\/www.iota.org\/get-started\/faqs\">Pointing<\/a> to the scalability, security and cost-related issues of blockchain technology \u2014 currently limited to thousands of transactions per second \u2014 IOTA offers its \u2018Tangle\u2019 as the solution to accommodate the high transactional rate of IoT devices.<\/p>\n<p>Where a blockchain's transaction time is generally limited by block creation and confirmation time, IOTA's blockless architecture permits parallelized issuance of transactions \u2014 permitting\u00a0a &#8220;significantly higher transaction throughput&#8221; <a href=\"https:\/\/www.iota.org\/get-started\/faqs\">according to IOTA.<\/a><\/p>\n<p>Yoshiyuki Yamamoto \u2014 UNOPS Special Advisor on Blockchain \u2014 <a href=\"https:\/\/www.unops.org\/news-and-stories\/news\/unops-and-iota-collaborate-to-bring-transparency-and-efficiency-to-un-work\">explained<\/a>\u00a0how IOTA's suitability to the IoT could be advantageous to the United Nations:<\/p>\n<blockquote><p>&#8220;We share a vision where machines, devices, sensors and people connect and communicate to each other &#8211; it's the world of &#8216;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.&#8221;<\/p><\/blockquote>\n<p>Such remarks seem to coalesce organically with the IOTA Foundation \u2014 an open-source not-for-profit bent on <a href=\"https:\/\/www.iota.org\/the-foundation\/the-iota-foundation\">propagating<\/a> the &#8220;ecosystem behind the economy of things.&#8221; Mirroring Yamamoto's vision, IOTA Co-Founder David Sonstebo <a href=\"https:\/\/blog.iota.org\/unops-and-iota-collaborate-to-bring-transparency-and-efficiency-to-un-work-e953f7736c88\">noted<\/a>:<\/p>\n<blockquote><p>&#8220;Shared global problems require shared global solutions. With our open-source, permission-less innovation approach, IOTA\u2019s distributed ledger technology lends itself uniquely to this kind of cooperative problem-solving.&#8221;<\/p><\/blockquote>\n<p>Where most may associate the IoT with markedly corporate projects,\u00a0 the United Nations' expression of interest would appear a decided indicator of the industry's significance. Delivering <a href=\"https:\/\/www.unops.org\/about\">$1.8 billion<\/a>\u00a0of spending in 2017 alone, the UNOPS' scope of the project could certainly lend IOTA's vision of &#8220;the connected world&#8221; a weighty push.<\/p>\n<p>For more information on IOTA including technical information, news, price, and exchanges where it is traded, please see our <a href=\"http:\/\/cryptoslate.com\/coins\/iota\">IOTA coin profile<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a joint venture to bring \u201ctransparency and efficiency\u201d to the work of the United Nations, IOTA has signed a Memorandum of Understanding with the United Nations Office for Project Services. \u201cShared ? problems require shared ?\u00a0solutions.\u201d We&#39;ve partnered w\/ @iotatoken to explore how innovative data management tech can enhance the efficiency of humanitarian &#038; [&hellip;]<\/p>\n","protected":false},"author":175,"featured_media":54975,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,5789],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>United Nations Office for Project Services Announces Collaboration with IOTA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/united-nations-office-for-project-services-announces-collaboration-with-iota\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"United Nations Office for Project Services Announces Collaboration with IOTA\" \/>\n<meta property=\"og:description\" content=\"In a joint venture to bring \u201ctransparency and efficiency\u201d to the work of the United Nations, IOTA has signed a Memorandum of Understanding with the United Nations Office for Project Services. \u201cShared ? problems require shared ?\u00a0solutions.\u201d We&#039;ve partnered w\/ @iotatoken to explore how innovative data management tech can enhance the efficiency of humanitarian &amp; [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/united-nations-office-for-project-services-announces-collaboration-with-iota\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-23T07:42:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-25T04:24:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/iota-unops-social.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jonnie Emsley\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"United Nations Office for Project Services Announces Collaboration with IOTA\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/iota-unops-social.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jonnie Emsley\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/united-nations-office-for-project-services-announces-collaboration-with-iota\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/united-nations-office-for-project-services-announces-collaboration-with-iota\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/jonnie-emsley\/#person\",\"name\":\"Jonnie Emsley\",\"url\":\"https:\/\/cryptoslate.com\/author\/jonnie-emsley\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/jonnie-emsley\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/jonnie-emsley\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/10\/author-jonnie-emsley.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/10\/author-jonnie-emsley.jpg\",\"caption\":\"Jonnie Emsley\"},\"jobTitle\":\"Contributor\",\"description\":\"Jonnie is a writer and blockchain enthusiast based in Ho Chi Minh City, Vietnam. 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