Phaeton announced the launch of a range of Blockchain technology solutions today to a global customer base, pivoting from the country of Australia. The project covers holistic Blockchain solutions across data storage and management, ICT, IoT, Real Estate, Building Energy Designs and Tangible Non-Fungible Tokens (TNFT).
This will be the first set of products built on her proprietary Phaeton Blockchain, a green and eco-friendly Blockchain powered by off-grid renewable energy from various renewable energy sources.
Speaking about the company and her technology, Ron Forlee, the Chief Executive Officer, described the company’s technology as ‘a Blockchain technology based on solidarity and putting people before profit with a structure that aims to benefit communities in need. With the Phaeton Blockchain network, we have reduced the energy consumption and carbon emissions associated with transactions to a level in line with the net-zero carbon objective of the Sustainable Development Goals.’
‘We are building solar farms, hydrogen gas storage and wind turbine to power our data centers. This is in addition to modular products that come with wrap-around solar solutions. We also use hydroelectric and geothermal energy for backups and cooling,’ he added.
