Tag: advanced technologies
Crypto company EGridd introduces world’s first Green Energy Blockchain Ecosystem coupled with breakthrough Magnetic Generator Technology
A new crypto farm, EGridd, is all set to dawn in a new era of green energy space by launching the world's FIRST Green Energy Blockchain Ecosystem, that will be powered by a revolutionary patented Magnetic Generator Technology as one of the first of many technologies we aim to bring under our umbrella of offerings. The cutting-edge Green Blockchain ecosystem aims to support people with convenient access to eco-friendly renewable energy through a decentralized P2P network of green energy suppliers with energy users. EGridd is driven by the mission to enable people to buy clean, renewable energy without extra costs, by maintaining at the same price as conventional power plants and striving to be more costs effective in the near future, yet adding opportunities to access and yield from, while raising awareness to be more socially driven to aid in our environmental issues, than just being end energy consumers as most of us are today.
EGRIDD is the green energy token of EGridd.
“We bring to you an end-to-end green energy ecosystem that extends green blockchain projects easy access to all the growth opportunities that exist in ‘green' technology, with due compliance for the sustainability and protection of the environment. Our green energy blockchain ecosystem empowers users with our breakthrough technology to generate, yield as well as sell electricity within our DeFi infrastructure”, stated Edrick S., the founder of EGridd.
“Akin to Alibaba, eBay, Lazada etc., as the globally recognized marketplace platforms for many types of consumer products catered to the mass markets and businesess, our EGridd ecosystem is compatible in adding any form of green energy technologies, including the existing ones and the ones we will witness in the future. We do value all kinds of green energies, ranging from wind, solar, to thermal, and more - thus we are positive that EGridd will ascend to being a statutory legislator platform in the coming era of green energy sources, where our token subscribers could utilize it for various beneficial purposes under one roof.”
The EGridd green energy blockchain ecosystem comprises of 3 parts -
- EGridd Decentralized Exchange (EDEX)
- EGridd Green Energy Generation (EGEG)
- EGridd Central Energy Exchange (ECEE)
Starting with the exchange, EDEX, it introduces a novel way to trade crypto without a third party. This eliminates problems like hacking, fraud, etc., that have occurred at some exchanges. The EDEX operates on the Binance Smart Chain, deemed by most savvy users as one of the best and largest smart Blockchain exchange platforms in the world, which also happens to be the most costs effective, whereby users can swap their BUSD to EGRIDD tokens without feeling sizeable losses in their spreads. EGridd welcomes users to join its liquidity pool that offers great passive reward opportunities pegged to viable intrinsic technologies and businesses.
“By joining EDEX, you will witness a faster growth in your investments while also enjoying more control over them. In other words, EDEX offers you a great opportunity to be a part of a historical revolution.”
Coming next to the source of green energy generation, the chief concept of EGEG is based on a breakthrough technology applying Magnetic Rotational Technology. When two magnets with poles meet, they dispel, but get attracted to each other when two opposite poles meet. The Magnetic Rotational Technology works by placing a series of magnets in various directions, which results in a spinning momentum motor leading to the development of a magnetic generator producing green energy. This next-gen technology lays the foundation for our EGEG Generators, such as EGEG-XX, with zero radiation emissions regardless of the scalability.
Per the statements of Mr. Calvin Q., COO of EGridd, the EGEG-XX generator is designed to resolve the existing list of problems in the current green energy world. These include – lack of available adequate green technologies to meet demands, low efficiency outputs of current green technologies, need for extensive areas to deploy existing green energy mediums (such as solar panels), and low ROI. Additionally, many current De-Fi projects can't substantiate with real world tangible projects to assure subscribers of the true market value derivation.
The EGridd ecosystem resolves the above mentioned problems through an exclusive blend of a revolutionary green energy technology (Magnetic Rotational Technology), De-Fi, and blockchain. For comparisons to regular green energy mediums like solar panels, the EGEG-XX Generator assures a much lower installation cost and footprint for deployment. Further, while the current solar panel technologies generate at a 10%+/- operational efficiency, the EGEG-XX solution promises a consistent 99% operational efficiency. Importantly, it comes with a longer lifespan and a one time per year maintenance vs solar panels. Last but not the least, while solar panels require an average of 5 years to reap ROI, the EGEG-XX assures very healthy ROI in just 1.5 to 2.5 years.
But to take into account the phrases: “you can't please everyone” and “respect the existing proven technologies and inventors&r dquo;, our Egridd ecosystem gladly welcomes and will include other green energy technologies under one platform roof. After all, our most pertinent value proposition is to develop a more socially responsible awareness, attitude and adoption (AAA) of green energies in general to aid the dire need in reducing our world's environmental issues. Therefore, we would like to end with a phrase: “what's the use of having all the wealth, if we don't live and enjoy in a healthy world?”.
Which brings us to the last leg of the ecosystem, ECEE. It is the platform where excess generated energy will be traded between power grid providers, sellers of green energy, and buyers. From which, the payments for the sale of excess green energy will go back to the initial EGRIDD token investors, thereby completing the full cycle of the EGridd green energy blockchain ecosystem.
“Our ecosystem assures unmatched high transaction throughput, eliminates ambiguity on electricity meter readings, and ensures better user experience with blockchain technology.”
Will EGridd be the next potential green energy stock?
“We are moving fast by leaps and bounds. Therefore, in order to gain the right tractions, we are conscientiously engaging with accredited and experienced industry specialists to aid EGridd to, lobby correctly and mitigate against potential suppressions which had happened in the past with various wonderful inventions, creating apt market buzz, and developing into a global presence platform of access and opportunities for everyone. Naturally, listing EGridd as a green energy stock will be in our cards. We welcome interested and like minded investors to join the business and lead the traffic for our presale at Pink Sale from 25th January 2022 to 28th January 2022 from 11:00am UTC.”
For more information, please visit https://egridd.com or join presale at https://egridd.com/pinksale
Telegram: https://t.me/egridd_official
Twitter: https://twitter.com/egridd
Media Contact
Company Name: EGridd
Contact Person: PR/Media
Email: media@egridd.com
Country: United States of America
Website: https://egridd.com/
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Honda Signs Joint Development Agreement with SES, an EV Battery Research and Development Company
Moreover, SES plans to list on the New York Stock Exchange (NYSE) via a special-purpose acquisition company (SPAC) transaction, and through the PIPE (private investment in public equity) offering by the SPAC, Honda plans to acquire approximately 2% of the shares of SES AI Corporation, the company to be listed on NYSE(2)(3).
The battery is a crucial component of battery electric vehicles (EV) and Honda, which is accelerating electrification of its products on a global basis, has been concurrently looking into several options for next-generation batteries, including the all-solid-state batteries Honda is developing independently. This joint development agreement with SES is part of the overall battery strategy of Honda.
From here onward, Honda and SES will pursue joint research for the realization of safe, high-durability and high-capacity next-generation EV batteries.
Comments by Shinji Aoyama, Managing Executive Officer in Charge of Electrification, Honda Motor Co., Ltd., "The battery is an essential component of EVs, and Honda has been concurrently looking into several options toward the realization of high-capacity, safe and low-cost next-generation batteries. Recognizing the advanced technologies of SES, Honda signed a joint development agreement with SES with the aim to establish a good relationship with SES and expeditiously generate substantial achievements through our joint research activities. Honda will continue to establish collaborative relationships with companies which have advanced technologies, as needed, to offer highly-competitive and attractive EVs to our customers."
(1) Batteries with Lithium-Metal anode, which are expected to realize higher energy density than Lithium-ion batteries (which usually use carbon-based materials for the anode).
(2) On October 22, 2021, Honda signed a PIPE subscription agreement with Ivanhoe Capital Acquisition Corp. ("Ivanhoe"), a special-purpose acquisition company (SPAC) listed on the NYSE, pursuant to which Honda is scheduled to acquire shares of Ivanhoe on the day of the merger between SES and a wholly-owned subsidiary of Ivanhoe, with SES the surviving entity ("the merger"), prior to the completion of the merger. Ivanhoe, which will wholly own SES, plans to change its name to SES AI Corporation prior to the completion of the merger. Fulfillment of all prerequisites for the execution of the merger, including approval of SES and Ivanhoe shareholders, is a prerequisite for the stock purchase by Honda.
(3) The shareholding percentage above is based on the assumption that the shareholders of Ivanhoe will not exercise their redemption rights.
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comHonda Motor Co., Ltd. today announced that, in December 2021, the company signed a joint development agreement in the area of Lithium-Metal secondary batteries(1) with SES Holdings Pte. Ltd.(SES), a U.S. (Boston)-based EV battery research and development company.
MHI: Successful Demonstration Test of World’s First Fully Autonomous Ship Navigation Systems on Coastal Ferry in Northern Kyushu
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This demonstration was part of MEGURI 2040, a project promoting the development of fully autonomous vessels supported by The Nippon Foundation. This test demonstrated the world's first fully autonomous navigation system, on a 222-meter ferry, with autonomous port berthing and unberthing using turning and reversing movements and high-speed navigation of up to 26 knots. Other new technologies included in the advanced fully autonomous operation system include sensors to detect other ships using infrared cameras, a remote engine monitoring system, and a sophisticated cyber security system. These advances in fully autonomous ship navigation are seen as a significant step toward safer and more efficient coastal shipping.
Research and development of fully autonomous ship navigation is intended to address maritime issues including crew shortages and accident prevention. This is also expected to become a "future industry" through which Japan can demonstrate to the world its advanced technologies in areas including ICT, AI, and image analysis technology.
The Nippon Foundation launched the MEGURI 2040 fully autonomous ship navigation project in February 2020 through support for five consortia, which will all be conducting demonstration tests to verify their fully autonomous navigation system concepts from January to March 2022.
Fully autonomous ship project (Smart Coastal Ferry)
Today's successful demonstration test was of the fully autonomous Smart Coastal Ferry project. The newly built SOLEIL ferry began navigating with an onboard crew on July 1, 2021, compiling data for the development of a fully autonomous ship navigation system. Mitsubishi Shipbuilding Co., Ltd., which has experience in developing navigation support systems that realize automation and crew labor savings, is responsible for the integration of the entire system, and Shin Nihonkai Ferry Co., Ltd. is in charge of setting the vessel's system requirements and conducting the demonstration test. These developments will help resolve issues in coastal shipping including improved safety, crew labor savings, and cost reductions.
Demonstration test and development highlights
The demonstration test of the world's first fully autonomous ship navigation systems of the 222-meter smart vessel was conducted on a 240-km route from Shinmoji (Northern Kyushu) to Iyonada, which takes approximately 7 hours, at a maximum speed of 26 knots (approximately 50 km/hour). The test vessel was equipped with a high-precision sensor image analysis system with infrared cameras that can detect other ships even in darkness, a SUPER BRIDGE-X automated ship navigation system that includes an automated avoidance function, and an advanced automated port berthing/unberthing operation system that can perform turning and reversing movements that are even difficult for manned vessels.
One of the biggest issues of a fully automated vessel is fault prediction, and enhanced engine monitoring technologies that monitor motor conditions are being developed and tested as well.
The project is also developing various other technologies essential to the promotion of fully autonomous navigation, including platforms for advanced data security to protect the navigation data used for onshore monitoring and support.
Mitsuyuki Unno, Executive Director, The Nippon Foundation
This was the world's first fully autonomous ship navigation of a large vessel of over 200 meters in length with a maximum running speed of 26 knots, and I hope this will lead to further development toward practical use. There are still many issues to be resolved, however, and I believe today's results will be a guide toward the creation of international rules for fully autonomous vessels.
Naoki Ueda, Executive Vice President, Mitsubishi Shipbuilding Co., Ltd
This demonstration test greatly accelerated the development of fully autonomous ship navigation systems using many advanced technologies including artificial intelligence. We will continue to develop technologies using the valuable knowledge gained to achieve safety and high quality service for passenger ferries, which play an important role in supporting marine transportation in the island nation of Japan.
Masami Sasaki, Executive Director, Shin Nihonkai Ferry Co., Ltd.
We are honored to be involved in the development of a fully autonomous ship navigation system that represents the future of Japan's shipping industry.
As a passenger ferry company, we have high expectations for the social application and widespread use of fully autonomous operation as one of the solutions to issues including human error and crew labor savings.
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com.
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comThe Nippon Foundation, Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries Group, and Shin Nihonkai Ferry Co., Ltd., (Osaka, Japan; Yasuo Iritani, Chairman) have successfully completed a demonstration test of the world's first fully autonomous ship navigation systems on a large car ferry, conducted on the Iyonada Sea from Shinmoji, Kitakyushuu City, on January 17.
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