Blockchain
Arkreen enters the peaq ecosystem to unlock new revenue streams for green energy DePINs
peaq, the go-to blockchain for real-world applications, announces the expansion of its ecosystem as Arkreen Network joins to bolster projects focused on sustainable energy. Arkreen is a Polygon-based Web3-powered digital infrastructure for global distributed renewable energy resources which rewards green power suppliers, such as solar panel owners or green energy storage services, as well as energy consumers. By expanding to peaq, it will tap into a new active Decentralized Physical Infrastructure Networks (DePIN) ecosystem including energy-focused projects and will support them with additional monetization tools. It will also explore a joint proof-of-concept project with penomo, a Web3 crowd-financing and monetization platform for green energy storage.
As the global push for sustainability grows, so does the proportion of renewable energy in the total. But while large green energy companies are riding this tide, smaller green energy resources, such as individual solar panel arrays or small businesses working to store green energy, are often under-utilized. Part of the challenge is monitoring their capacities and putting them to good use, which needs a common data space.
Arkreen enables green energy businesses and households to outfit their energy assets with special devices that monitor their energy activity and issue renewable energy certificates — tradable certificates confirming the production and supply of a certain amount of green energy. Arkreen works as the energy data infrastructure enabling applications leveraging such certificates, such as carbon credit sales or carbon futures. Through the expansion to peaq, Arkreen will enable the green energy-focused DePINs on peaq to certify the activity of their energy data assets. It will also amplify their monetization efforts and unlock new revenue streams for both projects and energy asset owners.
Arkreen is also working on a joint PoC with penomo, a Web3 platform connecting private investors with energy storage investment opportunities, for a power storage hardware provider which will provide a battery that will be linked with a solar panel. penomo will tokenize this battery for offering to Web3 investors, while Arkreen will aggregate its data and facilitate its use.
“We are excited to be expanding into the peaq ecosystem, the DePIN home,” says Abba Garba, Head of Product and Partnership at Arkreen. “We see a lot of potential integrations in the current stack of projects building on peaq, and look forward to its further growth. Web3 has a lot of tools to offer to the sustainable energy sector, and we’re looking forward to exploring this further together.”
“We are thrilled to see Arkreen step into the peaq ecosystem,” says Till Wendler, co-founder of peaq. “As a data platform for green energy projects, it adds a lot of value to projects building on peaq. Sustainability is one of the core values for the peaq ecosystem, and it’s one that is very much shared with Arkreen.”
CoinEx, a global cryptocurrency exchange known for its commitment to simplifying crypto trading, is thrilled to announce its participation in the upcoming Bitcoin MENA Conference, which will take place on December 9-10, 2024. This prestigious event marks the first-ever Middle East and North Africa (MENA) edition of the globally renowned Bitcoin Conference, recognized as one of the cryptocurrency industry’s most significant intellectual property platforms.
Bitcoin MENA: A Ground-breaking Milestone for the Crypto Industry
The Bitcoin Conference series has built a reputation as a cornerstone event for the cryptocurrency ecosystem, bringing together innovators, industry leaders, and enthusiasts from around the globe. Its expansion into the MENA region signals the growing influence of cryptocurrencies and blockchain technology in this dynamic market. The Abu Dhabi edition aims to foster dialogue, collaboration, and innovation in a region poised for rapid crypto adoption.
Keynote speakers include Eric Trump, Executive Vice President ∙ The Trump Organization, Marwan Al Zarouni, CEO of AI ∙ Dubai Department of Economy & Tourism, and Saifedean Ammous, CEO of Saifedean.com. Their presence underscores the global importance of the event, as they are set to share unique insights into the cryptocurrency space and its potential impact on economies worldwide.
CoinEx: Expanding Localized Outreach in MENA
CoinEx is proud to sponsor the BitcoinMENA Conference, reflecting its ongoing commitment to growing its presence in the MENA region. As part of its sponsorship, CoinEx has secured a prominent booth at the exhibition hall and has also placed large-scale advertisements at the venue’s main entrances and exits, ensuring high visibility throughout the event.
The sponsorship aligns with CoinEx’s strategy to deepen its localized efforts in the MENA market, a region characterized by a rapidly increasing appetite for digital assets and blockchain solutions. By actively engaging with local communities, CoinEx aims to make cryptocurrency trading more accessible while fostering trust and education in the space.
Exciting On-Site Activities and Giveaways
Visitors to the CoinEx booth will be treated to an array of interactive activities designed to make their experience both fun and rewarding. Attendees will have the chance to participate in prize-winning games and activities, with exclusive CoinEx-branded merchandise and crypto rewards up for grabs.
CoinEx invites everyone to stop by the booth, engage with the team, and learn more about the user-friendly platform and innovative offerings. Whether you are new to cryptocurrencies or a seasoned trader, the CoinEx team is ready to assist and answer questions, offering insights into the platform’s features, such as easy-to-navigate trading interfaces, robust security measures, and diverse asset options.
Building Bridges in MENA’s Crypto Space
With the MENA region emerging as a hub for fintech innovation, CoinEx sees Bitcoin MENA as the perfect platform to showcase our strengths and connect with industry stakeholders. The exchange aims to establish new partnerships, strengthen the regional network, and better understand the unique needs of users in this market.
CoinEx’s participation is a testament to the dedication to making cryptocurrencies accessible to users globally, regardless of their level of expertise or geographic location. By engaging directly with the vibrant MENA crypto community, CoinEx is taking significant strides toward shaping the future of digital finance in the region.
Join CoinEx at Bitcoin MENA
The Bitcoin MENA Conference is set to be an unforgettable gathering, featuring insightful keynotes, engaging panel discussions, and opportunities to network with some of the biggest names in the crypto world.
CoinEx warmly welcomes all attendees to visit their booth M-086! Participate in the fun activities and explore how the platform can empower them to navigate the evolving crypto landscape.
Don’t miss the opportunity to connect with CoinEx at Bitcoin MENA, December 9-10, 2024, in Abu Dhabi. Let’s build the future of crypto together!
The post CoinEx to Light Up Bitcoin MENA 2024: Join the Crypto Evolution in Abu Dhabi! appeared first on News, Events, Advertising Options.
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