Thursday, Apr 25 2024 | Time 13:50 Hrs(IST)
image
Press Releases » prnewswire


Raigarh incorporates Blockchain to monitor industrial CSR Tree Plantation



Partners with NEAR Protocol and Airchains to monitor industrial CSR tree plantation initiatives with a blockchain based monitoring system


RAIGARH, India, May 31, 2023 /PRNewswire/ -- The Raigarh District Administration has launched a sustainable Blockchain Based Monitoring System for tracking industrial Corporate Social Responsibility (CSR) plantation activities in the city. Utilizing NEAR Protocol's fast and low cost operational platform and the innovative technological offerings of Airchains, a cutting-edge blockchain-based middleware SaaS solution, the administration is determined to make significant elevations to the tree plantation mechanism to enable transparency, traceability, and accountability within the sector and regenerate its lost greenery.


Raigarh as a district is home to several industries, including steel, power, and cement, among others. These industries have been actively engaged in CSR activities, including plantation drives, to contribute to the local community and environment. However, ensuring that industries abide by their commitments and monitor the progress of plantation activities is a daunting task for district administrations. The administration also faces a significant challenge of verifying the accuracy of the reports shared by industries outlining their tree plantation and CSR initiatives which requires serious capital and labour.


Leveraging blockchain technology that has been increasingly penetrating different sectors due to its secure, transparent, and immutable nature provides for the perfect solution. The blockchain based monitoring system, developed by Airchains, is focused on providing accurate, immutable, verifiable, and real-time information to the stakeholders of the project along with ensuring the listed industries are compliant with the regulations related to the plantation sector. Over 50 industries have been inducted into the engagement with over 3358 trees planted across 94,945 sq ft so far.


"The initiative to incorporate blockchain technology to enable a trackable and verified system for our industrial CSR efforts is a step forward towards a greener tomorrow. The key problems of the sector can be placated with the use of this immutable tech designed to reduce inefficiencies and capital consumption by providing an automated and accurate alternative. Enabling real time data monitoring and access to the public and any stakeholders, we are nurturing transparency in otherwise opaque administrative processes for the public," Shri Abinash Mishra, IAS , Zilla Panchayat CEO, Raigarh Chhattisgarh added.


The system provides different functionalities including a unique Tree Aadhaar for easy tracking and storing of data, dashboard login for district administration and listed industries, and the latest plantation data covering holistic aspects such as type, location, time, date, number of trees planted. Additionally, the platform has a smooth user interface designed for listed industries to feed information readily into the system and tracks real-time Air Quality Index (AQI) which is accessible to any visitor to depict the direct effect of these afforestation efforts for public and stakeholders consumption.


"We are honoured to partner with the Raigarh District administration to fulfill their sustainability and CSR objectives. Through this system, they have established a groundbreaking precedence of establishing transparency and traceability to the CSR initiatives in the district and are leading the way with their technological adoption. We believe that this system will set a new standard for sustainable forest management and inspire other governments and organizations to adopt similar initiatives." Ankur Rakhi Sinha, Co-founder and CEO, Airchains


"We are thrilled to be partnering with Raigarh District Administration to empower sustainable development through blockchain technology. As a public sector player in the forefront of innovation for the public good, they are leading the way in India and we are happy to be a positive catalyst to their initiative with our solution," said Arpit Sharma, Managing Director, India, SE Asia, and Middle East


The one-of-its-kind project has two phases of implementation with the first phase including the onboarding of industries, verifying data relating to their tree plantation activities, generating a unique Tree Aadhaar for each tree, and monitoring their maintenance. The second phase aims to monitor the effectiveness of this system for better future planning and geographical assessment. Along with that, the system will further monitor the carbon footprint or lack thereof, to present opportunities for the district administration to leverage carbon credits.


About NEAR Foundation


The Near Foundation is a Swiss non-profit that supports the on-going growth and development of the Near Protocol, a high-performance carbon-neutral blockchain that is designed to be super-fast, scalable and incredibly secure. Near is built by an award-winning team of engineers and entrepreneurs to be simple to use, inclusive and good for the environment.


For more information visit: https//near.org/


About Airchains:


Airchains is a web3 middleware Saas product that allows users to deploy, build, and scale their blockchains. The company provides tools to build the blockchain to run their own networks and tools to build dApps and NFT over it, enabling developers, enterprises, & institutions to improve network security and performance, have integrated tooling and APIs, and perform smart contract auditing. They are one-stop solutions that allow users to accomplish the deployment and management with ease.


For more visit: https://www.airchains.io/


 


Cision View original content:https://www.prnewswire.com/in/news-releases/raigarh-incorporates-blockchain-to-monitor-industrial-csr-tree-plantation-301838461.html




Disclaimer: This is syndicated feed from PR agency and any legal liability for the content is theirs only.

More News

Zomato felicitates winners of the Plastic-Free Orders Packathon

24 Apr 2024 | 7:27 PM

Zomato felicitates winners of the Plastic-Free Orders Packathon

see more..
STL unveils US-made, Build America, Buy America compliant fiber optic solutions

STL unveils US-made, Build America, Buy America compliant fiber optic solutions

24 Apr 2024 | 6:35 PM

STL unveils US-made, Build America, Buy America compliant fiber optic solutions

see more..
Open a Kotak811 Savings Account and Earn Up to 7% Interest p a  with ActivMoney

Open a Kotak811 Savings Account and Earn Up to 7% Interest p a with ActivMoney

24 Apr 2024 | 4:52 PM

Open a Kotak811 Savings Account and Earn Up to 7% Interest p.a. with ActivMoney

see more..
Launching Dynamic QR Code Device: Revolutionizing Digital Payments in India

Launching Dynamic QR Code Device: Revolutionizing Digital Payments in India

24 Apr 2024 | 3:04 PM

Launching Dynamic QR Code Device: Revolutionizing Digital Payments in India

see more..
Colgate-Palmolive (India) champions workplace equity with a robust policy for persons with disabilities

Colgate-Palmolive (India) champions workplace equity with a robust policy for persons with disabilities

24 Apr 2024 | 2:05 PM

Colgate-Palmolive (India) champions workplace equity with a robust policy for persons with disabilities

see more..
image