PR90075

SAINT-GENIS-POUILLY, France, June 15, 2021 /PRNewswire=KYODO JBN/ --

PlanetWatch, a French company which decentralizes and incentivizes

environmental monitoring by leveraging the Algorand blockchain, is announcing a

strategic partnership with EMRIT, a US-based company which is building the new

IoT wireless internet.

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EMRIT will fund the deployment of thousands of PlanetWatch-compliant air

quality monitors, boosting the deployment of the PlanetWatch network across

Europe, the USA and Asia.

"We at Emrit are proud to partner with PlanetWatch and expand our IoT

Blockchain footprint and create exciting earning opportunities for the

community. Not only can you monitor the quality of the air in your environment,

but you also earn rewards as well! This is a win-win for any owner of a

PlanetWatch sensor." - Jiten Varu, CEO of EMRIT.

Claudio Parrinello, the CEO of PlanetWatch said: "Our partnership with EMRIT

will deliver incredible synergies between two highly disruptive and

forward-looking companies which both leverage advanced technologies and the

engagement of local communities. We are enabling Smart City as a Service

solutions and implementing a circular economy where citizens make their city

smart and reap immediate benefits from their commitment. Anybody can become a

PlanetWatcher and help us look after our planet!"

PlanetWatch revolutionizes air quality monitoring by using the Algorand

Blockchain, IoT sensors and AI data analysis, and incentivizing citizens to

operate air quality sensors and earn token rewards for data streams.

PlanetWatch can then deploy dense, real-time sensor networks and deliver

hyperlocal, street-level, business-grade environmental data quickly and cost

effectively.

PlanetWatch's current focus is on air pollution as it causes over 7 million

deaths per year (source: WHO). Also, recent studies link long-term exposure to

air pollution with an increase in mortality from COVID-19 infection, and a

significant risk of infection via aerosol in indoor spaces, where air quality

is a proxy for infection risks.

PlanetWatch is strongly supported by high-profile partners such as Algorand,

the Algorand Foundation and CERN, the leading physics research lab in the

world, where the Web was born.

PlanetWatch was naturally led to partner with Algorand which provides a highly

scalable, decentralized and secure blockchain which is also one of the

"greenest" around in terms of energy consumption. With regard to CERN,

PlanetWatch is the only company in the blockchain ecosystem being an official

"CERN Spin-off".

PlanetWatch's network is growing very fast. It is fast approaching 1,000

connected sensors, mostly in Europe and the USA. Its utility token, PLANETS,

has just been listed on Bitfinex.

Claudio Parrinello CEO claudio.parrinello@planetwatch.io  

SOURCE Planetwatch sas