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Tag: Digital economy

Onchain: Going $APE, Australia takes charge, Luna’s $10bn Bitcoin bet

Story One

Billionaire Ape Yacht Club

While the NFT market itself may be in the midst of a mini-bear, the energy and money pouring into the space shows little sign of slowing down.

See, for instance, Yuga Labs, the company that created the ludicrously successful Bored Ape Yacht Club NFTs

MHIET Launches MGS-R Series, New Standby Generator Set

TOKYO, Mar 24, 2022 - (JCN Newswire) - Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a part of the Mitsubishi Heavy Industries (MHI) Group, launched a new MGS-R Series of diesel generator sets. Developed to support the growing needs of the digital economy, primarily targeting data centers across Asian and Middle Eastern markets, the new series also serves as a reliable backup power solution for commercial facilities such as shopping malls and office buildings.(1)

Mitsubishi Generator Series, MGS

The MGS-R Series is the first upgrade to MHIET's diesel generator set lineup in over two decades following the MGS-B models introduced in the year 2000. The new series features 21 models that cover all rating categories(2). Some of the models were released in November 2021 and remaining models will be introduced in sequence by the end of 2022. The new series provides outputs ranging from 500 to 2,750 kVA for 50Hz, and 460 to 2,000 kVA for 60Hz for standby offerings. With the recent modifications to turbocharger specifications and improvement on fuel system and exhaust system to the engine, all models in the series boasts 10-second start. Newly adopting MHIET-made compact and high-power 12-cylinder engine on the 1,500kVA rating for 50Hz, the best-seller in the offerings, has made its installation area the smallest-in-class. Furthermore, overhaul interval has been extended to more than double by examining how generator sets are operated at sites.

All models in the MGS-R series are compliant with the two leading industry standards: the ISO's Class G3, the organization's highest standard for generator sets; and the standards of National Fire Protection Association of the United States. They also satisfy Tier 3 and Tier 4 standards by the Uptime Institute, a private sector organization that certifies the reliability and overall performance of data centers. These days more and more data center operators require high levels of quality compliance with various industry standards.

"At a time when reliable power is increasingly critical for commercial facilities such as data centers, we are pleased to announce that we have launched this new MGS-R Series.," said Ichiro Ichihashi, Senior General Manager, Engine & Energy Division of MHIET. "Many generator sets manufacturers purchase engines from suppliers, but we manufacture engines ourselves as well as generator sets. I believe this is our strength and our value. I am confident of the reliability and dependability of our generator sets that have sold 12,000 units worldwide." The MGS Series will be assembled at Mitsubishi Heavy Industries Engine System Asia Pte. Ltd. (MHIES-A), MHIET-owned subsidiary in Singapore. MHIET will continue expanding our MGS Series to meet the growing energy needs of customers in various industries including mission-critical applications.

(1) Learn more on Youtube:
https://youtu.be/0IbPH_peSfM
(2) "Ratings" refers to the operating conditions of generator sets as defined by the International Organization for Standardization (ISO). There are different ratings such as standby and prime depending on the required operation including operating time and size of the load to accept. A generator set's output can vary according to its rating.

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 spectra.mhi.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a part of the Mitsubishi Heavy Industries (MHI) Group, launched a new MGS-R Series of diesel generator sets.

Currencycloud Debuts Weekend FX Trading

Currencycloud launched a new tool called WeekendFX. The new tool enables clients to offer competitive FX rates on weekends when markets are closed. Currencycloud is launching WeekendFX in partnership with Visa, which acquired Currencycloud last July. Visa’s Currencycloud launched a new tool this week called WeekendFX. The new offering will do just as it sounds– Read more...

The post Currencycloud Debuts Weekend FX Trading appeared first on Finovate.

Grayscale Launches New Smart Contract Fund With Cardano, Solana, Avalanche and More

Digital asset investment giant is set to launch a new fund focused on a line-up of the most prominent smart contract platform cryptocurrencies. Grayscale says the new fund reflects an ongoing demand for “diversified exposure to crypto protocols leveraging decentralized smart contract technology.” “Investor demand for diversified exposure has grown in parallel to the ongoing […]

The post Grayscale Launches New Smart Contract Fund With Cardano, Solana, Avalanche and More appeared first on Coin Bureau.

Grayscale Investments Launches Smart Contract-Focused Diversified Fund

grayscale-investments-launches-smart-contract-focused-diversified-fund

The largest digital currency asset manager in terms of assets under management (AUM), Grayscale Investments, has announced the launch of a smart contract fund that is compiled of ethereum competitors. The fund called “GSCPxE” holds seven different smart contract coins and it’s Grayscale’s 18th investment product to date. Grayscale Launches GSCPxE — Fund Holds Cardano,…

The post Grayscale Investments Launches Smart Contract-Focused Diversified Fund appeared first on Bitcoin News Miner.

Web3 Salaries Soar to $750,000 for Rank-and-File Devs  The Catch: Web3 Projects Jack Up Comp With Token Incentives

Web3 projects are using token-based incentives to pump up compensation.

Why gaming’s history sets metaverse future

A great place to look for a future roadmap of blockchain is gaming and entertainment, a pattern that has long existed.

The post Why gaming’s history sets metaverse future appeared first on LendIt Fintech News.

From crisis currency to consumer adoption: What next for crypto?

Cryptocurrencies have won credit for their role in Ukraine’s war, showing utility that will drive them beyond the battlefield, says Amber Group’s Michael Wu.

Enterprise Applications of Crypto Liquidity

Crypto continues to move towards mainstream adoption, with more enterprise blockchain applications leveraging cryptocurrencies and other digital assets for operational and transactional purposes. To fully realize this shift, both financial institutions and businesses will have to more wholly embrace the technology by first gaining a better understanding of crypto utility.

The post Enterprise Applications of Crypto Liquidity appeared first on Finovate.

Indian Banks are Gearing Up to Stay Relevant in the Digital Era

The Indian banking industry plays a vital role in the country’s economic development. Over the past several decades, this industry has witnessed several changes, including technological advancements and diversification of financial products and services.  The Indian banking system has only been improving since 1991 when the government encouraged foreign investments that opened our economy, leading […]

How ARitize Holograms App Makes Hologram Creation More Accessible

Modern technology has now made it easier for users to create and access human holograms, which play a role in the growth of the digital economy.

Prominent crypto executives assess current market and share future predictions

eToro‘s CEO Yoni Assia, Bitstamp‘s CGO Barbara Daliri, Utrust‘s CEO Sanja Kon and Finoa’s COO Michaela Fleischer joined Tech.eu‘s Fintech event and discussed the present and the future of crypto.

The post Prominent crypto executives assess current market and share future predictions appeared first on CryptoSlate.

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