Challenge Area:
Marine Conservation
Problem Statement:
Illegal fishing depletes marine ecosystems due to lack of enforcement.
Solution Concept:
A blockchain-based fishing log system (e.g., Hedera) to track catches via IoT-enabled vessels. Smart contracts enforce quotas.
Expected Impact:
Reduces illegal fishing by 25%, protecting 100,000+ marine species.
Next Steps:
Build a PoC with Hedera, simulate IoT data, and document security protocols.
Challenge Area:
Sustainable fisheries
Problem Statement:
Overfishing and illegal fishing threaten marine ecosystems due to lack of traceability.
Solution Concept:
A blockchain-based fish catch tracking system where fishers log catches via IoT devices, recorded on-chain. Smart contracts enforce quotas.
Expected Impact:
Promotes sustainable fishing, protects marine biodiversity, and ensures compliance with regulations.
Next Steps:
Create a PoC integrating IoT catch data with a blockchain, develop quota-enforcing smart contracts, and simulate a fishery.