International ‘Virtual Microgrid’ Project IOEN Successfully Closes $2.8M Fund...

International ‘Virtual Microgrid’ Project IOEN Successfully Closes $2.8M Fund...

IOEN, an energy-focused project by a group of people passionate about saving the environment, has announced its successful funding. According to the official statement, the project has closed at a $2.8M investment by notable investors and blockchain leaders. They have chosen to use a combination of Holochain and efficient energy use to significantly cut back on total energy requirements and help the integration of renewable energy in communities worldwide. Cryptocurrency despite its many benefits is detrimental to the environment on a scale that many people choose to ignore. Ethereum and....


Related News

Energy DeFi Protocol, IOEN Announces dual-platform IDO As It Gears Up for Maj...

The IDO season is not over yet. The past few months we have witnessed busy days as the crypto community was burdened with filling whitelisting forms and participating in community initiatives of upcoming IDO projects. The current state remains the same. This new DeFi energy project, IOEN, is fully invested in making a big splash as it gears up for its upcoming IDO. IOEN is bringing an innovative approach to incentivise the creation of ‘virtual microgrids’ worldwide which will promote the efficient distribution of energy. IOEN will be launching on two platforms in October as part of its IDO....

The IMF Is Talking & Vouching for Virtual Currencies and Blockchain Tech

While presenting a new report about virtual currencies at the World Economic Forum, Christine Lagarde, the director of the International Monetary Fund (IMF) speaks for virtual currencies and their underlying technology’s potential to become a powerful tool. A new report by the International Monetary Fund praised the benefits and innovation that comes with virtual currencies. It calls for a balanced regulatory framework that should be mindful of the innovation at hand. IMF Managing Director Christine Lagarde presented the report at the World Economic Forum during the panel Transformation of....

International Monetary Fund Publishes Paper on Virtual Currencies

The International Monetary Fund (IMF) has published a paper on virtual currencies in January 2016. The paper provides an exhaustive analysis of virtual currencies, covering everything from the basics, to legal and economic perspectives, and regulatory and policy changes among other topics. The paper distinguishes virtual currencies from other digital currencies by describing that “they differ from other digital currencies, such as e-money, which is a digital payment mechanism for (and denominated in) fiat currency. VCs, on the other hand, are not denominated in fiat currency and have their....

Law Project Presented in Argentinian Senate Proposes to Tax Undeclared Crypto...

A new law project presented in the Argentinian Senate is seeking to start a fund to pay for part of the debt the country has with the International Monetary Fund (IMF). The project, which is being pushed by members of the ruling party, would establish that Argentinian citizens have to pay taxes for certain assets held outside the country, including cryptocurrencies. Argentinian Law Project to Tax Foreign Properties A new law project presented in the Argentinian senate proposes a way of paying the debt of more than $44 billion that the country has with the International Monetary....

xSigma Announces Its ETF-Like Decentralized Fund and Platform

PRESS RELEASE. ZK International Group Co., Ltd. (Nasdaq: ZKIN) (“ZKIN“, “ZK International” or the “Company”), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies, is pleased to announce its ETF-like decentralized fund and platform, which is the second DeFi project in xSigma’s ecosystem. The project’s website: https://xsigma-etf.com. The announced ETF-like protocol will be a decentralized fund based on Ethereum blockchain, that....