Los Angeles,CA, Feb. 19, 2021 (GLOBE NEWSWIRE) — KRONOS ADVANCED TECHNOLOGIES, INC. (OTC MARKETS: KNOS) (“KNOS” or the “Firm”), product growth and manufacturing firm that has considerably modified the best way air is moved, filtered and sterilized introduced as we speak that the Firm selected the event staff at BOTS Inc to develop a next-generation cryptocurrency mining rig able to mining a number of cryptocurrencies -including Dogecoin. Cryptocurrency mining refers back to the strategy of digitally including transaction data to the blockchain, which is a publicly distributed ledger holding the historical past of each transaction. Mining is a record-keeping course of executed by immense computing energy. Every crypto miner all over the world contributes to a decentralized peer-to-peer community to make sure the fee community is fluid, reliable, and safe.
Not too long ago, KNOS filed an software for provisional patent safety relating to a first-ever air air purifier with a built-in Dogecoin mining rig. This rig which will likely be cooled by the AirDoge followers and will likely be controllable using an app that permits entry by a pc or smartphone to program which coin to mine in addition to shifting cash out to an trade or any pockets. KNOS turned the primary publicly traded Firm to simply accept Dogecoin as fee for its merchandise, becoming a member of the choose group of companies, together with automobile dealerships and different companies worldwide, to simply accept cryptocurrency as a type of fee.
Dogecoin began as a enjoyable meme cryptocurrency however now has a market capitalization of $7 billion and an enormous international following.
“Kronos is at a pivotal second within the Firm’s lengthy historical past which began implementing strategic initiatives to deal with creating a portfolio of high-quality, modern options for clear and protected air in addition to constructing and creating merchandise that gained visibility out there and funding neighborhood. As we proceed to construct a basis of worth creation for the Firm and our shareholders, we consider partaking BOTS Inc as a associate will play a key position in creating the total potential of Kronos and elevating the general consciousness of the Firm,” commented Michael Rubinov, President of Kronos.
BOTS, Inc. is a minority shareholder in KNOS in addition to KNOS’s largest creditor by a subsidiary that BOTS acquired from First Bitcoin Capital (OTC:BITCF).
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About BOTS, Inc.
Headquartered in San Juan, Puerto Rico, BOTS, Inc. – publicly traded on the OTC Markets underneath the image (OTC: BTZI) – is a diversified firm creating and servicing blockchain, cybersecurity, and robotics options for its clientele. The Firm is dedicated to driving the improvements wanted to form the way forward for digital robotic automation administration by digital know-how and decentralized blockchain options. Their administration is devoted to the sturdy development of Distributed Asset Know-how and Robotic Course of Automation (RPA).
About Kronos Superior Applied sciences, Inc.
The Firm was initially based in 2002 and funded by the U.S. army to develop electrostatic air movers. Ultimately, the Firm moved into the buyer air purification enterprise. It started operations as a product growth firm that invented and considerably modified the best way air is moved, filtered, and sterilized. Traditionally, Kronos has centered on creating, advertising and marketing, and promoting the Firm’s proprietary air motion and purification know-how. Serving the Indoor Air High quality (IAQ) market, Kronos know-how makes use of state-of-the-art excessive voltage patented processes with out the usage of conventional porous HEPA filters. Kronos-based merchandise transfer air silently, filter, sterilize, and purify the air whereas dramatically decreasing vitality consumption to half of a 60-watt gentle bulb. Kronos gadgets will be variable in form or dimension and, due to this fact, have the potential to be scaled-down for air purification in vehicles or scaled-up in dimension for industrial and dangerous gasoline destruction. The know-how is at present being applied in a number of standalone merchandise for companies, houses, and autos of all kinds -to transfer, sterilize and filter air, together with eradicating allergens right down to 14.6 nanometers, passing by our patented know-how -replacing costly outdated passive HEPA and different filtration kind methods. There are broad ranges of further markets for standalone and embedded Kronos CORE technology-based gadgets. Examples of instantly addressable markets embody faculties, universities, healthcare amenities, working rooms, manufacturing clear rooms, and the cabins of cars and industrial plane.
Not too long ago, the Firm filed for a provisional patent involving an modern protecting face masks with antimicrobial and anti-cellphone radiation safety options. The Firm is planning to file further patents to enhance its current know-how in addition to enter into new market segments however will proceed to market air purifiers and different shopper merchandise. The Firm is an unique distributor and licensee of the most recent technology of air purifiers based mostly on the Firm’s CORE applied sciences. The Firm markets its merchandise as Airdog® and KRONOS® manufacturers. All Kronos merchandise include Kronos Promise ™ -Your Satisfaction is Assured!
Firm workplaces are situated in Los Angeles, California.
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SOURCE: KRONOS ADVANCED TECHNOLOGIES, Inc
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