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UncategorizedGreece Embraces IoT for Economic Transformation and Sustainability, says Ambassador at Beijing Convention

At the 2023 World Internet of Things Convention in Beijing, Greek Ambassador to China, Evgenios Kalpyris, emphasized the transformative impact of the Internet of Things (IoT) on the global economy, particularly in the context of Greece’s development initiatives. The ambassador’s speech underscored the critical balance between technological advancements and security challenges in the evolving IoT landscape.

Ambassador Kalpyris elaborated on Greece’s significant strides in integrating IoT across various sectors. He highlighted the country’s systematic regulatory and financial efforts fueling an economic transformation. A notable area of advancement is the real estate sector, where Greek companies collaborate with tech specialists to enhance business efficiency and develop smart, sustainable buildings. Through innovative applications that process sensor data, these efforts aim to reduce resource consumption, thereby increasing portfolio value and contributing to environmental protection.

A key project mentioned by Ambassador Kalpyris was the transformation of Paros Island into “Europe’s first smart island.” This ambitious initiative seeks to redefine the urban-citizen relationship with cutting-edge technological solutions, focusing on enhancing urban mobility and overall city life.

The convention, themed “New IoT, New Economy, New Era,” provided a platform to discuss the role of IoT in economic transformation and modernization globally. The forum also aligned with the United Nations Sustainable Development Goals, highlighting the importance of smart technology in fostering sustainable development.

Greece’s engagement with IoT reflects a broader global trend of harnessing technology for economic and sustainable development. The ambassador’s insights offered a glimpse into how Greece is leveraging IoT to propel its economy forward while addressing environmental concerns. The country’s initiatives in real estate, smart city development, digital agriculture, and industrial innovation demonstrate a commitment to embracing IoT as a tool for progress and sustainability.

The ambassador’s participation in the convention signified Greece’s active role in the global discourse on IoT and its potential to reshape economies. By sharing its experiences and achievements, Greece positions itself as a proactive player in the global IoT landscape, ready to face the challenges and opportunities of this technological era.

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