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 way in which air is moved, filtered and sterilized introduced immediately that the Firm selected the event workforce 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 means of digitally including transaction information to the blockchain, which is a publicly distributed ledger holding the historical past of each transaction. Mining is a record-keeping course of executed via 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.
Lately, 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 shall be cooled by the AirDoge followers and shall be controllable using an app that permits entry via a pc or smartphone to program which coin to mine in addition to transferring cash out to an alternate or any pockets. KNOS turned the primary publicly traded Firm to just accept Dogecoin as fee for its merchandise, becoming a member of the choose group of companies, together with automotive dealerships and different companies worldwide, to just 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 give attention to creating a portfolio of high-quality, progressive options for clear and secure air in addition to constructing and creating merchandise that gained visibility available in the market and funding group. As we proceed to construct a basis of worth creation for the Firm and our shareholders, we imagine participating 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 via 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 via digital know-how and decentralized blockchain options. Their administration is devoted to the sturdy progress of Distributed Asset Expertise 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. navy to develop electrostatic air movers. Finally, the Firm moved into the patron air purification enterprise. It started operations as a product growth firm that invented and considerably modified the way in which 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 using conventional porous HEPA filters. Kronos-based merchandise transfer air silently, filter, sterilize, and purify the air whereas dramatically lowering vitality consumption to half of a 60-watt mild bulb. Kronos units will be variable in form or measurement and, subsequently, have the potential to be scaled-down for air purification in vehicles or scaled-up in measurement for industrial and dangerous gasoline destruction. The know-how is presently being carried out in a number of standalone merchandise for companies, properties, and automobiles of all sorts -to transfer, sterilize and filter air, together with eradicating allergens all the way down to 14.6 nanometers, passing via our patented know-how -replacing costly outdated passive HEPA and different filtration sort programs. There are broad ranges of extra markets for standalone and embedded Kronos CORE technology-based units. Examples of instantly addressable markets embody colleges, universities, healthcare amenities, working rooms, manufacturing clear rooms, and the cabins of cars and business plane.
Lately, the Firm filed for a provisional patent involving an progressive protecting face masks with antimicrobial and anti-cellphone radiation safety options. The Firm is planning to file extra patents to enhance its present know-how in addition to enter into new market segments however will proceed to market air purifiers and different client merchandise. The Firm is an unique distributor and licensee of the newest era 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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