The ESG narrative is becoming increasingly important in financial markets, with portfolio managers now incorporating sustainable investments into their strategies.
ESG became a hot topic in the blockchain space because of a Tweet from Elon Musk in May 2021 (Musk, 2021), talking about the potential environmental threats of Bitcoin mining. Since then, there have been more and more talks about environmentally friendly mining and other ESG aspects in the crypto community.
Coherent with the ecological outlook of the previous chapter, K3 technology is operating on low power and requires fewer base stations per customer than other technologies providing comparable services. Despite that, we strive for renewable sources of energy wherever that is possible.
K3 technology also does not require any digging to lay cables, thus preserving nature. Its frequencies are not in extreme ranges. Instead, they are in the same bandwidth as regular radios.
From a social perspective, our mission is to bring equal opportunities to places where the widest gaps exist. We create jobs as we employ local staff to manage and build the infrastructure and our products come with a satisfaction guarantee.
We provide health and safety guidelines and care for our community.
Blockchain can take corporate governance to a different level. We aim to fully decentralize our platform and give power to the token holders. We have implemented a community pool into 3air and are giving the governance over it to the community. This provides additional social benefits to the broader local ecosystem.
Our goal is to connect the unconnected and bank the unbanked. We strive to provide formal identities where there are none and hope to provide online education and e-health to a wider population. Indirectly, we will create new local and international job opportunities for the local populace and contribute to the development of whole countries.