Vectorium, based on Zcash 2.0 technology, is about to unveil a major partnership with the Bolton Holding company, which has its premises in the world’s famous highest tower, the Burj Khalifa in Dubai.
Vectorium is a crypto project based on the treatment of waste. This project is very innovative since it proposes an ecosystem where waste would become healthy: thus transformed into a kind of crypto-energy.
These energies can vary: from renewable electricity to thermal energy, synthetic methane, and condensed water.
It would allow a kind of reuse of our waste, governed halfway by the Blockchain, and by Artificial Intelligence.
Indeed, the Blockchain makes it possible to track flows and to exchange energy at a rapid pace with reduced costs.
In short, Vectorium achieves very specific objectives:
– Energy transfer
– Ecological mining using renewable energy sources
– An innovative way to transform harmful waste into cryptocurrency
– To transform cryptocurrency into an energy source (mainly electricity)
– Bypass energy distributors and cut their high costs.
– Vect Coins have a double value: the Value of coins but also of Carbon Credits
Bolton Holding Group, on the other hand, is an alternative investment group that has interests in the mining and trading of gold, diamonds and rare earths, financial services and emerging technologies such as robotics, blockchain, and artificial intelligence.
Their operations began in 1976, with 40 years of experience in collective investment management they are now spread over 15 countries and 6 continents, taking advantage of emerging technologies to bring traditional activities into the 21st century.
Bolton Holding Group founded the Bolton Foundation, a foundation that supports the education of children in developing countries, the economic empowerment of women and the protection of the environment.
This is now done! Indeed, the two companies have set up a cooperation agreement that will lead to the creation of an Eco Crypto Sukuk (an Islamic bond) with an indicative value of $91 million.
A second bond of the same type could be developed for a value of $500 million before the start of the 2020 Dubai World Expo. This will be part of a broader cooperation between Vectorium and Bolton, which has seen the concrete interest of the Al Maktoum family in activities related to the extraction of precious metals (including diamonds) that can be traced through the Blockchain, but also in the transformation of waste into Crypto Carbon Credits (a kind of certificate on waste, which already exists on traditional financial markets).
These alliances will enable both groups to develop major strategic axes in the fields of environment, Islamic finance, and international legislation.
Enea Benedetto has just arrived in Monaco after spending ten days in Dubai where he and his team took part in the Blockchain World Summit where they signed several partnerships.
The Crypto Intelligence Agency team is proud to announce that they will have the pleasure to meet Mr. Benedetto in the coming days. He will explain to us his vision on waste treatment and why the Blockchain is an essential asset to the energy ecosystem!