5ire, the 5th-generation blockchain network founded by two entrepreneurs of Indian origin, Pratik Gauri and Prateek Dwivedi, along with blockchain enthusiast and entrepreneur Vilma Mattila, announced today that it had signed a memorandum of understanding (MOU) with the Goa Police. The MoU will help develop Smart and Robust Policing for the city and will help in the digitization of offline systems.

From a civilian perspective, police have an important civic role that requires a delicate balance between law enforcement and accountability. The smart policing solution from 5ire can be deployed on a public sector scale in a more efficient way than the existing solutions.

L to R – Dr. Pratik Gauri, Co-founder & CEO, 5ire & Shri Nidhin Valsan IPS, Superintendent Of Police, Goa

 The MoU will create a public-private partnership between 5ire and Goa Police for implementing a smart policing solution to improve transparency in policing procedures. It will help streamline procedures that reflect all events in greater detail for all stakeholders. The MoU will also help in the digitization of offline systems.

The blockchain-based smart policing solutions by 5ire can record all official activities accurately, allowing police to help the citizens with traceability to their records and evidence. Moreover, blockchain technology can help create sustainable smart policing solutions for Goa Police and make the processes online, more eco-friendly and efficient.

On the occasion of the MoU signing, Shri NIDHIN VALSAN IPS, Superintendent of Police, Goa, said: “5ire being the leading blockchain company in the country will help Goa Police in transitioning to smart policing using the latest technologies like blockchain and will help in digitization of the offline systems and making it online.”

5ire's CEO and founder, Dr. PRATIK GAURI said: "5ire’s solution of smart policing for Goa police is one of the several solutions in India that can be deployed on a public sector scale in a more effective manner than the solutions that are currently available."

Since its inception, the core focus of 5ire has been on implementing the United Nations (UN) 2030 Agenda for sustainable development, including reducing poverty. 5ire has created 5ireChain, an accessible blockchain technology aligned with the UN sustainable development goals. 5ire gives significant value to non-monetary factors such as environmental, social, and governance scores within the 5ireChain ranking protocol.

5ire is a blockchain ecosystem that focuses on widespread adoption of blockchain technology by integrating sustainability, technology, and innovation to build the 5th industrial revolution (5IR). Founded by blockchain proponents Pratik Gauri, Prateek Dwivedi, and Vilma Mattila in August 2021, the mission of the 5ire ecosystem is to increase the adoption of blockchain for worldwide benefit by embedding a for-benefit paradigm at the heart of the blockchain, highly incentivizing practices that align with the United Nations Sustainable Development Goals (SDGs), facilitating the transition from 4IR to 5IR, and accelerating 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.


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