August 10, 2021 (Newswire.com) –
Axis Applied sciences Group, Inc. (OTC: AXTG) (‘AXTG’ or the ‘Firm’) has introduced a groundbreaking strategic partnership with O-Energy LLC to supply the world’s first really “inexperienced” cryptocurrency. The envisaged system shall be able to producing any desired cryptocurrency utilizing crypto-mining computer systems and peripherals which can be powered verifiably by electrical energy produced by O-Energy’s patented 100% zero-emissions electrical energy turbines that provide scalable, transportable, fixed (24/7/365) energy manufacturing that doesn’t use photo voltaic, geothermal, hydroelectric or wind-turbine applied sciences to supply electrical energy.
The turbines produce no poisonous waste and they are often deployed in any atmosphere no matter local weather, climate, seasonal circumstances, proximity to our bodies of water, or the supply of wind or sunshine, to supply fixed electrical energy that’s past “eco-friendly” for as little as 1.5¢ per kilowatt.
O-Energy is the California-based holder of the unique worldwide license to fabricate, distribute, deploy and repair the items that make use of this disruptive expertise. Says its Govt Supervisor, Ryan Carter, “As a debt-free and impartial firm, O-Energy is free to enter relationships that take advantage of sense in fixing pressing issues, whereas assembly the burgeoning demand for vitality that’s really emissions-free and fixed.”
O-Energy acknowledges the flexibility of this expertise to allow cryptocurrency to shed its best stigma: that it exacerbates local weather change as a result of huge electrical energy consumption required for the mining of every new coin. Though the expertise has myriad humanitarian purposes (e.g. enabling distant refrigeration of vaccines, offering clear electrical energy for particular person and mass transit, facilitating larger connectivity within the creating world), O-Energy acknowledges the superior financial alternative that’s offered by first making use of the expertise to crypto mining.
This revolutionary marriage of O-Energy expertise with customary crypto-mining gear has the potential to affect each the manufacturing of fungible tokens (i.e. BTC, ETH, and so forth.) and non-fungible tokens (NFTs) by eliminating the chief obstacle to the adoption of cryptocurrencies by firms which can be involved with social duty. The improvements embrace the flexibility to transcend the notion of merely cleaner, or “inexperienced” crypto, to a extra exacting degree of environmental duty (zero-emissions crypto), at a decrease price than conventionally produced crypto.
Not solely will the market be free to simply accept these zero-emissions cryptocurrencies, thereby allaying the environmental-impact considerations of their patrons, however this new class of cryptocurrency will possess verified blockchain-embedded proof of origin to differentiate it from conventionally produced crypto or so-called “inexperienced” crypto (which isn’t zero-emissions, fixed, and 100% impartial of photo voltaic, wind, geothermal or any supplemental generative augmentation). And, lastly, based on Mr. Carter, “Because of the portability, scalability and decrease price of the O-Energy expertise, this new class of crypto may be made obtainable quickly and in enough portions to fulfill present and future world calls for of outlets.”
Proof of Idea
William Tien, President of AXTG, states that “Our Firm and O-Energy are advancing rapidly towards the institution of an illustration challenge in Southern California as a way to show the efficacy of the expertise and supply verifiable proof of the important thing conceptual parts of this momentous innovation.” Proof of Idea work is anticipated to be accomplished throughout the third quarter of 2021. events, together with buyers, patrons and builders, could inquire additional by contacting firstname.lastname@example.org.
Secure Harbor Assertion
This press launch could embrace forward-looking statements throughout the that means of the Non-public Securities Litigation Reform Act of 1995, together with statements associated to anticipated revenues, bills, earnings, working money flows, the outlook for markets, and the demand for merchandise. Ahead-looking statements are not any ensures of future efficiency and are inherently topic to uncertainties and different components which might trigger precise outcomes to vary materially from the forward-looking statements. Such statements are based mostly upon, amongst different issues, assumptions made by, and knowledge at the moment obtainable to, administration, together with administration’s personal data and evaluation of the Firm’s trade and competitors. The Firm assumes no responsibility to replace its forward-looking statements.
Supply: AXTG Administration