Ethereum Classic Labs

FOR IMMEDIATE RELEASE

OS Metropolis and Ethereum Basic Labs companion to advertise blockchain options for the second largest employer in creating nations — the worldwide artisan neighborhood

[San Francisco, CA — January 6, 2020]

OS Metropolis, a member of Cohort II within the Ethereum Basic Labs (ETC Labs) Accelerator, is increasing its affect with a brand new utility to present artisans and craftsmen the facility to advertise their work for a worldwide market. The Artisan Origin (A/O) undertaking, with the assist of ETC Labs, makes use of blockchain to validate the work of craftspeople working in remote enclaves of the creating world — from Latin America to India, China to Malawi.

Utilizing the instruments of the A/O undertaking, the so-called “orange economic system” that encompasses artistic merchandise and mental property can leapfrog outdated applied sciences and be part of the worldwide economic system straight by utilizing probably the most disruptive, and most clear and traceable know-how out there to authenticate their work. What’s extra, measurement of the contribution that these staff make to native economies in numbers of staff, worth of
manufacturing, and scope of markets is essential to financial coverage. The era of information on the trade associated to the certification processes will profit native governments and assist public coverage.

In remarks to the Alliance for Artisan Enterprises in 2015, then Secretary of State John Kerry spoke of a “new startup economic system.” However this economic system is much from begin up. In truth, artisans are the second largest employer (after agriculture) within the creating world. In response to the Inter-American Growth Financial institution, if the artistic economic system had been a rustic it will be the fourth largest economic system on the earth, with the fourth largest workforce and rank ninth within the worth of its exports. It has extra workforce members than the automotive trade in Europe, the US, and Japan mixed, and extra staff than the mixed inhabitants of Paris, New York, and London.

“OS Metropolis and Artisan Origin are utilizing blockchain to co-create an ecosystem of equity, sustainability and belief for the artisan industries in creating nations all over the world. Partnering with ETC Labs has introduced unbelievable geographic and technical benefits that enable us to extend our technological providing and affect, tapping into the facility of Ethereum Basic to construct options for social good,” mentioned Jesús Cepeda, Founder, OS Metropolis

The options provided by the A/O undertaking will professionalize the artisanal trade by validating the craftsperson, the strategies, supplies, and even the creation story. And A/O is on the forefront of making provide chain controls that may allow artistic staff to appreciate a fair proportion of the worth of their work on the level of sale with a direct connection to the tip customers of their creations.

Specialty craftspeople in textiles, pottery, glass, and leather-based wares; in regional foodstuffs corresponding to honey, wine, chocolate, and occasional; and in uncommon assets corresponding to gem stones, will use A/O tagging know-how for blockchain certification that assures product high quality via the availability chain from producers to managing manufacturers and distributors and eventually to finish customers. The know-how additionally protects in opposition to counterfeiting, fraud, theft, or tampering.

The result’s sustainable native industries and steady native financial improvement. What’s extra, the potential of the A/O know-how resolution to handle the Strategic Growth Objectives of the United Nations is broad: reduction from poverty via first rate work and financial development; sustainable native economies; and empowerment and equality for staff.

“Initiatives like OS Metropolis’s Artisan Origin take the applying of ETC know-how and authentication from a conceptual stage to a concrete case. We’re dedicated to purposes of this modern know-how that promote social and financial improvement and enhance individuals’s day-to-day lives,” mentioned Terry Culver, CEO of ETC Labs

About OS Metropolis:

A Mexican-based govtech firm, and pilot startup program within the ETC Labs Cohort II program, OS Metropolis leverages blockchain and synthetic intelligence to assist governments enhance effectivity and belief by growing transparency and accountability in allocation of public assets.

Not like different authorities techniques options, OS Metropolis gives a software program framework utilizing cloud computing, synthetic intelligence, and blockchain to remodel authorities techniques into built-in platforms of digital companies. The product contains modular units of companies that work as constructing blocks to satisfy probably the most urgent wants of presidency. The customers — the citizenry — have steady entry to new and higher modules.

Blockchain options are being developed by OS Metropolis utilizing instruments within the ETC Labs Accelerator that empower civil servants and residents in creating nations with entry to state-of-the-art know-how to trace and hint knowledge. A
market for institutional applied sciences, OS Metropolis connects app builders with prospects in authorities and financial improvement to create belief, stop fraud, and promote fast innovation. With rising success in areas from mass transit to institutional knowledge use and public companies supply, OS Metropolis is selling blockchain resolution improvement to reply to many financial improvement challenges.

About Ethereum Basic Labs:

The mission of ETC Labs is to construct related, accessible, and high-quality know-how, and to make use of that know-how to create communities of worth in a mature and controlled ecosystem. The final word aim is to satisfy the promise of
blockchain to enhance individuals’s lives. The ETC Labs crew of specialists additionally foster partnerships with organizations and establishments so as to tackle basic challenges in creating and deploying this modern know-how.

We fulfill the mission via two undertakings: the ETC Labs Accelerator, which hosts as much as 25 blockchain initiatives yearly that contribute to sustaining a sturdy ecosystem; and the Core Staff, a crew of specialists and
builders who preserve the Ethereum Basic blockchain and construct key purposes, options, and instruments.



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