Dubai partners with Cardano Foundation for sustainable blockchain

The SEE Institute in Dubai has formed a partnership with the Cardano Foundation to integrate blockchain technology into global sustainability initiatives.  

This collaboration aims to enhance blockchain-powered solutions that promote sustainable development across various sectors.  

The SEE Institute, known for its focus on sustainability education and business incubation, seeks to position blockchain as a key enabler in achieving sustainability goals.  

Faris Saeed, founder and chairman of the SEE Institute, emphasised the transformative potential of blockchain in enhancing transparency and traceability within the sustainability sector.  

“By integrating blockchain into projects and initiatives, we create accurate, verifiable records of sustainability data and enable real-time tracking of goods and materials throughout supply chains,” Saeed stated.  

He further noted that this decentralised approach fosters trust, improves data accuracy, and empowers scalable, data-driven solutions to tackle critical issues in food, energy, water, mobility, and waste management.  

The overarching goal of this initiative is to assist in meeting global net-zero emissions targets.  

Frederik Gregaard, CEO of the Cardano Foundation, highlighted that this partnership reflects the increasing demand for blockchain education and showcases Cardano’s (CRYPTO:ADA) expanding influence.  

“We are excited to partner with SEE Institute and look forward to working with them, both to educate and to explore new use cases for blockchain technology,” Gregaard said.  

As part of this agreement, a six-module professional diploma in sustainable blockchain will be developed, combining the expertise of the SEE Institute in sustainability with Cardano’s blockchain capabilities.  

The two organisations will also work together to promote blockchain technology worldwide, focusing on its potential to enhance transparency and support ethical business practices.  

At the time of reporting, the Cardano price was $1.20.