5ire, the 5th generation blockchain network, announced today that it had signed an MoU with the City of Alliance, Nebraska, USA. The MoU will help develop Smart and Robust Policing for the city.
The MoU will create a public-private partnership between the City of Alliance Police and 5IRE to
* Create and implement a robust smart policing solution that strengthens both transparency and accountability in policing procedures.
* Would streamline procedures that are auditable and reflect all events in greater detail to stakeholders involved.
"This is the central piece of action towards building a civil society that any community can take. Responsible law enforcement that simultaneously serves the public and requires accountability from officials is something that was long expected and needed in our community. As Sir Robert Peels’ principles established in 1829, “knowing the police are the public and the public are the police.” 5ire helps thrust us into policing the frontier," Phillip Lukens, the chief of Police for the Alliance city, said at the MoU signing.
The MoU signed with the Alliance Police Department is the first of its kind in the United States for 5ire that is gearing up to build confidence in its blockchain network, 5ireChain with a wide diversity of use cases globally.
"Police have a civic role that requires a delicate balance between law enforcement and accountability.", Pratik Gauri, the CEO and co-founder of 5IRE, said at the signing, "The smart policing solution that we are developing with the city of Alliance is one of many solutions across the United States that can be deployed on a public sector scale in a more efficient way than the existing solutions."
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-centred design and sustainable development.
"As the chief puts it, 'Policing is a delicate balance between the business aspect congruent with the human rights aspect.' and we are here to provide a tool that empowers everyone to benefit from this new frontier in technology," said Prateek Dwivedi, Co-founder, and CMO at 5ire.
5ire is focused on implementing the United Nations 2030 Agenda for Sustainable Development. So much so that 5ire has produced 5ireChain, an innovative blockchain technology with the UN SDGs written into its core. Non-financial factors such as environmental, social, and governance scores are weighted in the 5ireChain ranking protocol, impacting a party's participation in the 5ire network.
By incorporating sustainability into the network's base layers with its blockchain technology and rankings, 5ire is building a for-benefits economy with its mission to accelerate the United Nations 2030 Agenda for Sustainable Development.
5ire is a blockchain ecosystem that brings sustainability, Technology & Innovation to build the 5th industrial revolution (5IR). Founded by Pratik Gauri, Prateek Dwivedi, and Vilma Mattila, proponents of blockchain technology, in August 2021, the mission of the 5ire ecosystem is to embed the for-benefit paradigm at the heart of the blockchain, highly incentivize practises that align with the United Nations Sustainable Development Goals (SDGs), facilitate the transition from the 4IR to 5IR and accelerate the implementation of the UN 2030 Agenda for Sustainable Development. The company's primary offering is 5ireChain, a first layer, sustainability-driven 5th generation blockchain that ensures adherence to the philosophy of 5IR, creating a net positive impact on the planet and serving humanity.