His development project makes him neighbors with tech companies such as Tesla, Google and Apple. He earned much of his current fortune bankrolling this project through well-timed investments in cryptocurrency, specifically Ether. Berns plans for every resident and employee to hold an Ethereum address to store all their personal data. To overcome common roadblocks of security on these platforms, he has already purchased vaults in Sweden and Switzerland for private key storage.
Blockchain has never been put to the test in real-world situations with as much riding on its success as this project does. Berns told The New York Times. Crypto millionaire builds blockchain utopia in Nevada. Folake Dosu. November 6, He imagines a sort of experimental community spread over about a hundred square miles, where houses, schools, commercial districts and production studios will be built.
The centerpiece of this giant project will be the blockchain, a new kind of database that was introduced by Bitcoin. Construction on the property will start late in , as soon as the master plan is in place and approved by the county. On November 1, , as a beginning of what is being planned for Innovation Park, Blockchains, LLC and NV Energy signed a Memorandum of Understanding outlining their agreement to join efforts on energy projects powered by blockchain technology.
This project could be used to provide energy to 1. At the signing of the MoU, Berns declared,. These types of collaborative efforts, which return the power and control in transactions to the customer, are the very essence of blockchain technology. This partnership is only the beginning of what we have planned for Innovation Park. Several initiatives to build blockchain-driven smart cities are underway.
What do you think about the plans for Innovation Park in Nevada? Let us know your thoughts in the comments below! Julio has worked for Fortune companies and the United Nations. He has led projects involving IT, operational, and compliance audits, in the U. His expertise is in cryptocurrencies, IT engineering, risk management, and security.
Julio is also a tango dance enthusiast. Bitcoin Cash ABC vs.
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|Btc deposit binance||The commercial side of the city would be focused on encouraging tech-forward ideas and development. And shopping for 67, largely undeveloped acres is a little bit of old style, actual property risk-taking. Brian Sandoval has dubbed "Innovation Park. A survey dig website on a 67,acre desert website the place Jeffrey Berns envisions constructing a group based mostly on blockchain know-how, east of Reno in Storey County, Nev. Pseudonyms source no longer be permitted.|
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This partnership is only the beginning of what we have planned for Innovation Park. Several initiatives to build blockchain-driven smart cities are underway. What do you think about the plans for Innovation Park in Nevada? Let us know your thoughts in the comments below! Creating an account on our site will allow you to customize your news stream and unlock additional functionalities! The primary benefit of registring an account is that will give you the ability to customize your news feed and select the sources from which your news are displayed.
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