Blockchain
Ocean Falls Blockchain Joins ‘Green BTC’ Initiative Terra Pool
Vancouver, British Columbia–(Newsfile Corp. – June 22, 2022) – Ocean Falls Blockchain Corp. (“OFB” or the “Company”) is excited to announce it is now a member of Terra Pool, an invitation-only crypto-mining pool for clean energy-powered mining farms.
Terra Pool, coined the World’s First Green Bitcoin Mining Pool, was established in March 2021 as a joint effort between the U.K.-based cryptocurrency mining company, Argo Blockchain, and DMG Blockchain, a Canadian blockchain technology company.
Terra Pool accepts cryptocurrency miners that produce Bitcoin in a sustainable and climate-conscious way, with the initiative’s goal to significantly reduce greenhouse gas emissions over the next decade.
“The environmental impact of Bitcoin and other crypto-mining enterprises has long been viewed as a flaw and detriment to the sustainability of decentralized networks. OFB is, therefore, a proud supplier of clean energy-powered mining and we are honoured to be a part of the Terra Pool initiative,” said Oded Orgil, CEO at OFB.
The two key requirements to becoming a member of Terra Pool are that a miner shares at least 50 percent of its green hash rate and that the Company maintains at least 10 petahash per second in the pool.
In an official statement last year, Terra Pool said that its aim is to, “expedite the shift from conventional power to clean energy and reduce the impact of Bitcoin mining on the environment.”
Ocean Falls operates a clean energy-powered mining facility in Ocean Falls, British Columbia. By next year, the Company plans to expand operations to West Coast Marine Terminals, another renewable energy power source located in a protected inlet on the west coast of Vancouver Island. The potential partnership enables OFB to increase its clean energy mining capacity to up to 85 megawatts by the end of 2024.
About Ocean Falls Blockchain
Ocean Falls is a Canadian blockchain technology company that operates a 2MW-plus, clean energy-powered cryptocurrency mining farm in historic Ocean Falls, B.C. Ocean Falls is also creating a new sustainable solution for the captive insurance industry. Visit oceanfalls.com for more information.
For further information, please contact:
Oded Orgil
Chief Executive Officer of OFB
[email protected]
Forward-Looking Statements
This news release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws. These statements are based upon information currently available to OFB’s management. All information that is not clearly historical in nature may constitute forward-looking statements. In some cases, forward-looking statements may be identified by the use of terms such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “predict”, “project”, “will”, “would”, and “should”. Forward-looking statements contained in this news release are based on certain factors and assumptions made by the management of OFB based on their current expectations, estimates, projections, assumptions, and beliefs regarding their business and OFB does not provide any assurance that actual results will meet management’s expectations. While management considers these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect. Such forward-looking statements are not guarantees of future events or performance and by their nature involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Although OFB has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, other factors may cause actions, events or results to be different than anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could vary or differ materially from those anticipated in such forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking information. OFB does not undertake to update any forward-looking information, whether as a result of new information or future events or otherwise, except as may be required by applicable securities laws.
Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.
Bybit
-
Blockchain6 days ago
50,000+ Mined Coins and 100,000 New Users: EMCD Summarizes 2024
-
Blockchain5 days agoBlocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
-
Blockchain Press Releases5 days agoBybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
-
Blockchain Press Releases6 days agoFlipster Achieves ISO/IEC Certification
-
Blockchain Press Releases7 days agoDubai Police Team Triumphs at KuCoin Sponsored 2024 Dubai Open Gov Padel Cup
-
Blockchain Press Releases6 days ago
Bybit Lists LUNAI as AI Influencer Luna Makes Her Web3 Livestream Debut
-
Blockchain7 days agoBureau raises $30M Series B as global fraud losses hit $486B
-
Blockchain Press Releases5 days ago
Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway
