Telos’ latest partnership with 5ire’s ecosystem of fifth-generation blockchain solutions is believed to advance sustainability and transparency in the non-profit sector which is worth over two trillion dollars. This will add a new human element along with other concepts like verifiability. 5ire’s leading blockchain-based social impact system is capable of high transaction throughput and offers strong cross-chain interoperability as well as scalability features.
5ireChain and Telos are dedicated to creating a net positive effect on the planet whilst accelerating the implementation of the UN’s 2030 Vision for Sustainable Development.
Therefore, Telos is incredibly excited to announce its partnership with 5ire!
At its core, 5ireChain acts as a bridge to facilitate the world’s shift from the 4th industrial revolution, focusing on AI and technological advances, to the 5th industrial revolution, focusing on human-centered design and sustainable development.
“This worldview is profit-driven and does not imply a sustainable futurist vision. Our financial resources are finite; we cannot afford irresponsible and unchecked technological development. Thus, we must reclaim control and direction over its expansion toward humanity’s service,” said 5ire cofounder Vilma Mattila.
The aim of this partnership is to focus combined efforts on Environmental, Social, and Governance (ESG) initiatives and create a lasting impact together.
“When I met the 5ire team and they told me what they were building, I knew right away this would be a long term relationship. They get it, I thought to myself, they really understand what we were put on this earth to do, and best of all they’re actually doing something about it” said Jeff Nowak, Head of Partnerships at Telos “We started the ESG Alliance because there are obvious problems that have impactful solutions within reach. It’s time for us to solve them.”
Want to help leave the world a better place? To connect directly with ESG Alliance teams, you may submit your interest here .
About 5ire (5ireChain)
5ire is a fifth-generation blockchain with a mission to bring a shift from for-profit to a for-benefit economy where businesses act as a force for good – and profits & benefits can co-exist. 5ireChain’s main goal is to create a user-centric sustainability-driven ecosystem. This is achieved by embedding sustainability in the consensus mechanism architecture.
About Telos
Telos features a robust, ESG-compliant evolutionary blockchain governance system inclusive of smart contracts, advanced voting features, and flexible, user-friendly fee models. The Telos EVM is the most powerful and scalable Ethereum Smart Contract platform available today, built to power Web 3.0.
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Source via this site: Where There’s Telos There’s 5ire
