I am looking forward to the challenges ahead as we work together to bring Cryptocurrencies and digital currencies to the world’s leading institutions.
The energy sector has many known inefficiencies in which blockchain applications could provide solutions. Using a platform that is decentralized could support more efficient systems through peer to peer transactions of energy, payments and programs that reward tokens for energy saving and recycling initiatives.
For this new industry to gain global adoption and scale securely, continual investment in infrastructure is required. Securing the network through strategic investment in decentralized mining operations will help maintain a healthy blockchain. Securing cost-effective energy near, or at, its source is required for sustainable and profitable mining.
Remittances are crucial for millions of people, sending money back home to their families. For developing countries remittances reached $450 billion in 2017. On average they send $200, with a service fee of over 7%. These transactions often take several days. Blockchain solutions allow for cheaper, faster, and more secure cross-border payments.
Digital identity is not only an area of extreme interest but importance. Digital identities along with access systems are foundational pieces of our future. They help provide access to healthcare, banking, and education to the 1.1 billion currently without ID. Blockchain solutions have been identified as potential solutions in providing secure digital identity.
Governance in blockchain projects and global society is growing in importance and conflict. There are many aspects where this comes into play primarily with funding, consensus, and the overall project. While a strong initial foundation remains robust and sufficient for the project, a good project will need to adapt to the changing environment. iMining Technologies is very interested in engaging with projects with a strong focus on governance.
Our Environmental Policy sets out our commitment to incorporate environmental practices into our business strategy and operations to minimize our environmental impact and to foster environmental awareness and responsibility among our employees, customers, suppliers and other interested parties.
iMining Technologies continues to thrive because of our strong global team’s incredible knowledge, talent, creativity, experience, and motivation. Our people are our greatest assets and we prioritize efforts to attract, retain, develop, reward and motivate them. Critical to this is fostering a corporate culture that leverages our employees’ strengths by promoting a healthy work environment where needs are met, contributions are valued, voices are heard, and innovation is encouraged.