Blockchain
Elan Future Opens Commercial Partnerships for First Batch of Apollo Units
Granby, Quebec–(Newsfile Corp. – December 13, 2022) – Elan Future, a company that is pioneering electric amplification solutions, is happy to welcome third parties that are interested in purchasing the first commercially available Apollo units. Additionally, the specifications of the first batches of Apollo units will be revealed in the third quarter of 2023.
To view an enhanced version of this graphic, please visit:
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Apollo is an amplifying generator that increases any energy it is “given” by a factor of 10. Apollo will multiply your energy by 10, just by plugging into your main source of energy or outlet. For instance, putting 10 Watts in an Apollo unit would produce 100 Watts. As the first product introduced by Elan, it plays a crucial role in establishing an esteemed reputation for Elan Future in the clean-tech industry.
The first batch of Apollo units will mainly target the residential and commercial markets – individual housing requiring a maximum of 50kwh per day and buildings with HVAC systems. These units will be delivered free-of-charge as a pilot project for testing purposes and will come with special terms. It is also important to note that only those who are on the curated waiting list of Elan Future will be eligible to acquire these units.
To qualify for the waiting list, third parties should have a vested interest in the Elan community by holding Elan Tokens until delivery. The holding requirements are on a case-per-case basis between the company and the commercial partner and depends on the underlying terms that include: power output and other technical requirements of the Apollo system; the number of Apollo units; role as a user, distributor/integrator; early adopter activities in specific markets for Elan Future; Company profile and larger role in the Elan community; and the holding requirements reflect the client’s willingness to commit to the Elan community.
Elan Future accepts clients on its waiting list and qualifications are subject to change, at the company’s entire discretion. Above all, the company looks forward to welcoming future phase 1 commercial partners who will actively lead Elan Future’s mission of disrupting the energy sector. Interested parties can apply to become a commercial partner here.
$ELAN Tokens
ELAN Tokens were created as an easy and accessible way for Elan customers to pay for devices and electricity. With Elan Tokens, there is no need to worry about exchange rates, third-party involvement, or long wait times for settlements. The Elan Token also offers around-the-clock transaction freedom. In this way, Elan Tokens ensure that the technology can be accessible and convenient for all customers, regardless of their location or currency.
About Elan Future
Elan Future aspires to create a breakthrough revolution in energy distribution built by the people and completely transparent. Elan’s objectivel is to electrify the entire world in a seamless and decentralized manner regardless of your location and power availability. With an insatiable need for energy equity, the company is paving the road for long-term, clean energy that isn’t dependent on weather, battery banks, or expensive technologies.
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Contact
Tarek Al Fakih
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/147816
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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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