Viper Networks, Inc.
Viper Networks Announces Coming Launch of Blockchain and Crypto Mining Technologies Group Division
Complements Existing Business Model in the LED, Energy & Smart Cities Sector
By adopting fast-emerging powerful technologies that can strengthen the Company's core technologies, products and services within the LED industry, Viper Networks is pursuing future success far beyond a single sector leadership position.
Farid Shouekani, the Company's General Manager stated, "We are in the early stages of blockchain technology and our team has identified applications that can broadly complement our existing business and offer tremendous growth opportunities for Viper Networks."
"We plan to keep our shareholders updated as coming events unfold."
Info About Blockchain technology:
The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. Originally devised for the digital currency, Bitcoin, the tech community is now finding other potential uses for the technology.
By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet in that it has a built-in robustness. However, by storing blocks of information that are identical across its network, the blockchain cannot be controlled by any single entity and has no single point of failure.
Further, no centralized version of this information exists for a hacker to corrupt.
Bitcoin was invented in 2008. Since that time, the Bitcoin blockchain has operated without significant disruption.
Info about Crypto mining:
Crypto Mining is a sector that the Company has been actively exploring due to the large amount of energy required to fuel the mining technology, which dovetails perfectly with Viper Networks Energy division to deliver low cost energy solutions. Bitcoin's surge in price has sent its electricity consumption soaring. Alex de Vries' index shows that bitcoin miners worldwide could be using enough electricity at any given time to power about 2.3 million American homes.The use of renewable energy technology continues to grow in the United States and around the world.
For more information go to www.ViperNetworks.com .
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the U.S. Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this release which are not historical are forward-looking and include any statements regarding beliefs, expectations or intentions regarding the future.
Investor Relations: Heritage First Capital // Scott Gibson, 407.444.5959
Information om Globenewswire
Følg pressemeddelelser fra Globenewswire
Skriv dig op her, og modtag pressemeddelelser på e-mail. Indtast din e-mail, klik på abonner, og følg instruktionerne i den udsendte e-mail.
Flere pressemeddelelser fra Globenewswire
Bizagi17.7.2019 18:02:02 CEST | Press release
Bizagi goes from Stealth to Hyper Growth Delivering Digital Transformation for World Leading Brands
Erytech Pharma S.A.16.7.2019 22:02:00 CEST | Press release
ERYTECH Pharma Reports Voting Results from Annual General Meeting Held on June 21, 2019
WSO215.7.2019 15:02:38 CEST | Press release
WSO2 Introduces WSO2 API Microgateway 3.0 to Simplify Creating, Deploying and Securing APIs in Microservice Environments
Lubrizol15.7.2019 08:01:33 CEST | Press release
Lubrizol Acquires Bavaria Medizin Technologie GmbH
PBSC Urban Solutions13.7.2019 00:03:47 CEST | Press release
H.S.H. PRINCE ALBERT II LAUNCHES MONABIKE, MONACO’S NEW FULLY-ELECTRIC BIKE SHARE FROM PBSC URBAN SOLUTIONS
Lubrizol11.7.2019 19:02:04 CEST | Press release
Lubrizol Integrates Personal, Home and Health Care Divisions; Now Lubrizol Life Science
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter samt finde vores kontaktoplysninger.Besøg vores nyhedsrum