Blockchain
MODUS Releases First Ever ALYI Retro Revolt Electric Motorcycle Demo Video
Dallas, Texas–(Newsfile Corp. – March 19, 2021) – Alternet Systems, Inc. (OTC Pink: ALYI) today announced ALYI design partner, MODUS, has released the first ever video demonstration of ALYI’s Retro Revolt Electric Motorcycle.
First Ever Retro Revolt Electric Motorcycle Demo Video from ALYI Design Partner MODUS
Cannot view this video? Visit:
https://www.youtube.com/watch?v=ZvL3Ij3bnGo
The ALYI Retro Revolt Electric Motorcycle is based on a clone of the BMW R71 classic motorcycle known throughout the world as the WWII German Army Motorcycle and subsequently copied as the work horse motorcycle of several other Armies. The BMW R71 is arguably the inspiration of Harley Davidson’s rugged, signature look. At the onset of WWII, the US Army asked Harley Davidson to build an Army bike based on the BMW design.
ALYI selected the frame to prototype an electric vehicle for deployment into the African motorcycle taxi market (boda-boda) based on its rugged structure. ALYI now has commitment for over 2000 electric motorcycles in East Africa to be deployed as Rideshare vehicles engaged into service through apps like Uber and Lyft updating the existing boda-boda market.
The ALYI BMW R71 clone based electric motorcycle prototype proved so popular, ALYI committed to developing a production version of the bike, in addition to a conversion kit for hobbyist, both to be sold exclusively in North America.
ALYI has already received pre-orders for the first 200 Retro Revolt Electric Motorcycles based on the classic BMW R71 frame and has a growing waitlist.
MODUS has previous released an image of the ALYI Retro Revolt Electric Motorcycle and today, for the first time, is releasing a video demonstration of the bike.
The video demonstration is being released in conjunction with MODUS today highlighting a new design feature that will be included in the first 200 Retro Revolt Electric Motorcycles coming to market in North America this year.
The motor for the ALYI Retro Revolt Electric Motorcycle is currently structured with in the frame essentially where the combustion motor used to reside. MODUS has updated the design moving the motor to the rear hub. This improves drive train management and frees up room for a larger battery back which will in turn extend cruising range.
MODUS does not anticipate the design update to impact the current production schedule. Look for more information coming soon from ALYI on the production schedule for the rollout of the first 200 Retro Revolt Electric Motorcycles coming out later this year.
For more information and to stay up to date on ALYI’s overall latest developments, please visit www.alternetsystemsinc.com.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
Alternet Systems, Inc. Contact:
Randell Torno
[email protected]
+1-800-713-0297
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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