IotaOrigin UG joins the Marktplatz.NRW as Use Case Leader in the field of logistics to establish Smart City solutions in NRW. More information at Datenmarktplatz.NRW.
In the light of an economically and ecologically necessary as well as politically and publicly pursued energy transition, new technologies for energy production and carbon dioxide containment are becoming established. Conflict-free commodities are indispensable for the technical implementation of the energy transition.
At the same time, commodities extraction is often associated with unstable and conflict-ridden countries of origin, which is why regulatory measures are increasingly restricting the import of these commodities. However, the implementation of the regulations has a challenging effect on the local population, which is dependent on ASM (Artisanal Small-Scale Mining). The implementation affects investments and hinders the sustainable extraction of critical commodities and their access to the market. This leads to the migration of the ASM sector into uncontrolled overexploitation.
IotaOrigin UG addresses the mentioned economic and socially relevant issues. These include the extraction of commodities in a way that is in accordance with human rights and environmentally compatible, in compliance with the OECD Due Diligence Guidelines and the international regulations based on them. The aim is to ensure that the energy transition is ethically responsible and, at the same time, to fulfil the SDGs (Sustainable Development Goals) of the UN by supporting the local population.
IotaOrigin is a platform for international trade in conflict-free commodities and goods. Furthermore, IotaOrigin enables the traceability of conflict-free commodities using distributed ledger technology within an application. This allows all parties in the supply chain to comply with the “OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas” without disclosing trade secrets within the supply chains.
Sustainable and responsible sourcing is a step towards achieving the UN Sustainable Development Goals. IotaOrigin UG would like to contribute to these goals with its products and take a step towards higher awareness in the procurement of commodities while supporting the local population.
Formalizing the currently informal ASM sector can also contribute to the achievement of the following goals: decent work and sustainable economic growth, health and well-being, partnerships to achieve the Sustainable Development Goals, protecting life under water and life on land, and gender equality.
The Sustainable Development Goals (SDGs) consist of 17 goals for the development of a sustainable future. The SDGs were established by the United Nations General Assembly in 2015 and are to be achieved by 2030. According to UNDP, the ASM sector can contribute significantly to achieving the goals. This includes contributing to poverty reduction, education, sustainable cities and communities, renewable energy, innovation and infrastructure.
IotaOrigin UG joins the DataMadeInGermany consortium as an associated partner to create a GaiaX and DSVGO compliant data space for the German economy. More information at DataMadeInGermany.
IotaOrigin UG is funded by the German Federal Ministry of Economics and Climate Protection as part of the Innovation Program for Business Models and Pioneering Solutions. More information at Innovationprogramms für Geschäftsmodelle und Pionierlösungen.
IotaOrigin UG joins the RWTH Incubation Program of RWTH Innovation GmbH as part of the funding initiative "Exzellenz Start-up Center.NRW". More information at Exzellenz-Start-Up-Center.NRW and RWTH-Innovation.