Blockchain
Octa Homes Breaks Ground on Manufactured Housing Communities in Houston
Houston, Texas–(Newsfile Corp. – June 13, 2023) – Octa Homes, a leading manufactured housing community developer, has announced its plan to deliver 10,000 manufactured housing lots by 2028. As part of this commitment, Octa Homes has broken ground on the first of four new communities in the Houston ETJ (Extraterritorial Jurisdiction), located in New Caney, Texas. These communities are strategically positioned along the I69 highway and will offer a combined total of 357 manufactured housing lots, catering to the growing demand for attainable housing options in Houston.
Octa Homes, Groundbreaking Ceremony of project The Vibe @ I69 in New Caney, Texas
The groundbreaking ceremony was held on June 7th, 2023 on site and was attended by the Octa Homes Senior Management, New Caney MUD, and important stakeholders. Mayer Husain, the CEO of Octa Homes, expressed great enthusiasm about the upcoming developments, stating, “We are incredibly excited to break ground on these new manufactured housing communities in Houston. Octa Homes is dedicated to providing high-quality, attainable housing for individuals and families in need, and these projects align perfectly with our mission.”
Designed to emulate expensive sub-divisions, these communities will feature paved roads, curb and gutter infrastructure, a playground area, street lights and underground utilities. In addition, each lot within the communities will accommodate three concrete parking spaces per home, ensuring ample parking options for residents.
The decision to develop these communities in New Caney, TX stems from the growing demand for manufactured housing in the region. With the rising interest rates and the shortage of attainable housing options, the demand for manufactured homes has soared in Houston and throughout Texas. These developments by Octa Homes aim to address this pressing need, providing individuals and families with an opportunity to own a quality home at an affordable price.
The first community to commence construction is The Vibe at I69, followed by the Vibe at OAKS, the Vibe at 1485, and the Vibe at 494. Octa Homes plans to complete these projects in a timely manner, allowing individuals to move into their new homes and enjoy the benefits of a vibrant community setting.
By developing these communities in Houston, the company aims to contribute to the growth and expansion of the attainable housing sector, ensuring that more people have access to comfortable and attainable homes.
As Octa Homes progresses with its developments, the company remains committed to its vision of providing quality living spaces and enhancing the overall well-being of residents. The groundbreaking of these four manufactured housing communities marks a significant step towards achieving that goal, offering hope to those in search of attainable housing solutions in the Houston area.
About Octa Homes
Octa Homes is a Houston-based property development company focused on developing attainable housing solutions in manufactured housing. The primary focus of the group is to focus on innovative live, work, play styled manufactured housing communities in Texas. The group currently has a portfolio under development of over 9.4 million square feet land with 1,500+ Pads.
Contact Information:
Adnan Ali
Email: [email protected]
Phone: +1 346-444-9660
Website: www.octa.homes
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/169730
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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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