The Aker group and the World Economic Forum (WEF) will develop what they call the Centre for the Fourth Industrial Revolution Norway (C4IR Norway), as part of efforts to preserve the ocean through advanced technology. Through the partnerships, the Centre aims to develop governance frameworks and solutions for a sustainable and profitable ocean economy, using digital technology ranging from Artificial Intelligence (AI) to Blockchain. The Centre will provide a platform for partnerships on governance policies, research and business solutions that can stimulate the application of science, data and technology in the public interest. The C4IR Norway will join the WEF's global C4IR Network and collaborate with the Government of Norway and the High Level Panel for a Sustainable Ocean Economy. The Centre will be an independent non-profit foundation, financed initially by founding partner the Aker group. According to a statement, Aker has gained valuable experience through engaging in cross-sector partnering between its own commercial and non-profit entities, such as REV Ocean, Ocean Data Foundation and VI Foundation.