in Your Business In this session we will explore how cryptocurrencies may change the way we transact in the future and the benefits to business owners and the consumer. We will go through some merchant software products that facilitate business to transact in bitcoin as well as how to integrate these transactions into your accounting software. Florence Ioannou, together with a supportive team, manages a diverse portfolio of clients across a range of sectors including information technology, real estate, wholesale food services, private family groups. Florence’s experience encompasses management and financial accounting, cash flows and advisory work, including corporate/family structures and taxation planning. Florence is our expert in blockchain technology and cryptocurrency and welcomes the opportunity to work with businesses looking to leverage this technology and/or existing businesses looking to explore accepting cryptocurrency as a method of payment. https://au.linkedin.com/in/florence-ioannou starting on 2018-06-13 11:00:00
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Nobel Winning Economist Shiller Says bitcoin ‘Bubble’ May Be Around For A While Nobel Prize laureate for economics Robert Shiller believes that while bitcoin (BTC) might be a bubble, that doesn’t mean that it will […]
, the company operating Waste to Energy treatment plants, today announced a series of groundbreaking developments. 4NEW has successfully secured $30.5 million USD from institutional investors collectively. This enables to complete its soft cap requirement facilitating the construction and realization of its first plant in its entirety.
LONDON – Dec 2, 2017 – The realization of the plant insures widespread adoption for its coin since consumers can start paying for their utility bills using the 4NEW services. Additionally, has also received a number of mandates to beta test its timed blockchain payment system concept from a number businesses within multiple and diverse sectors. Sandeep Golechha said:
Our business to business strategy is demonstrating great results. We anticipate widespread consumer adoption through users of these businesses in 2018.
’s Initial Coin Offering (FRNC) for its utility token is currently underway for the general public ending December 15th, 2017. While this coin does not provide investors any share of the corporate profits currently, given that it is, strictly speaking, a utility token which represents a sale of future goods and services of , nevertheless, it does offer holders of the coin an opportunity to avail themselves of various services, such as global money transfer services, insurance payments, telemedicine services, online pharmacy services, and Waste and Energy bill payment opportunities starting in 2018.
management is looking forward to listing on premier public exchanges, such as Bittrex, Poloniex, and Cryptopia in the coming weeks.
Earlier this month, ordered the production of its first Waste to plant for a staggering $24.83 million USD with delivery and subsequent installation of equipment to occur within 6 to 8 months between May and July 2018.
The first plant will have a waste processing capacity of 72 tons per day of RDF, SRF, TDF, tires, plastics, medical waste, carpets, textiles, wood wastes, oil liquid waste, chemical waste, raw food packaging, animal by-products, and any type of hazardous and non-hazardous waste.
The plant will be able to generate 120 mega watts of power per day, which totals 43,800 mega watts of power per year. As part of the deal, will also procure insurance coverage to secure its revenue from any equipment failure or unforeseen acts of God.
The first plant will drive annual sales of approximately $5 million USD under current capacity. However, can add additional waste processing lines to their plant as additional funds are raised, thereby increasing output by 4 times per site. also has options with lenders to explore debt financing in order to complete targeted acquisitions over the next 6 to 9 months.
The plant equipment has been ordered through Eco-Green Power Limited, a UK-based plant production company. Eco-Green currently has three sites where their plants are in operational use. These include 2 sites in Finland and 1 site in Denmark.
Last month, 4NEW successfully secured a $25 million round of funding from its first investor, , a US-based private equity fund.
About 4NEW
will revolutionize and standardize the industries of Waste and Energy by offering services as a wholesaler within the Utilities sector that is fully integrated onto a decentralized, distributed ledger, enabling all actors within the industry to trade waste and energy transactions using the Coins towards payments within the 4NEW ecosystem.
The coins are utility tokens with built-in smart contract capabilities. They establish a binding relationship between two transacting parties and provide a value for each transaction. The ledger on the ecosystem provides an immutable and audit-able journal of all transactions related to the buying and selling of energy and waste. Each transaction is transparent to all parties which allows them to see the same ledger entry and cost of reconciliation, thus controlling issues of dispute and revenue leakage to
a great extent.
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