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Imperial College London launches new lab backed by £1m from IOTA Foundation

Imperial College London launches new lab backed by £1m from IOTA Foundation

The facility is developing bias-free AI algorithms, circularity in industrial robots and electric vehicles, battery product passports, predictive analytics tools to detect offshore pollution migration, and much more.

The IOTA Foundation has just announced the opening of a new research facility: the Imperial IOTA Infrastructures Lab (I3-Lab) at Imperial College London.

The laboratory is well positioned to lead research thanks to a generous £1 million endowment from the IOTA Foundation and additional funding from Imperial College London.

The facility aims to improve bias-free AI algorithms, circularity in industrial robots and electric vehicles, battery product passports, and predictive analytics for detecting offshore pollution migration.

Their approach accelerates the application of scientific discoveries into practical solutions, with a particular focus on developing Distributed Ledger Technology (DLT) within Web3 applications and digital economies.

Central to its mission, the I3-Lab will integrate DLT in the framework of the circular economy, and host an incubator for sustainable business models and digital tools based on servitization. These initiatives aim to stimulate resource-efficient economic growth and promote shared access to goods and services.

The purpose of the lab

The lab is led by Dr. William Sanders and consists of a team of 25 people, including PhD students and senior researchers, who work closely with IOTA’s Applied Research Team.

The lab is dedicated to addressing global challenges such as climate change by developing cutting-edge technological solutions. It also creates a model for cooperative research where academia and industry intersect.

The lab has received grants for groundbreaking projects such as Autofair and iCircular3, which focus on bias-free AI algorithms and improving circularity in industrial sectors, respectively.