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 right now that the Firm selected the event crew 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 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 by way of immense computing energy. Every crypto miner around the globe contributes to a decentralized peer-to-peer community to make sure the cost community is fluid, reliable, and safe.
Lately, KNOS filed an software for provisional patent safety concerning a first-ever air air purifier with a built-in Dogecoin mining rig. This rig which might be cooled by the AirDoge followers and might be controllable using an app that permits entry by way of a pc or smartphone to program which coin to mine in addition to transferring cash out to an trade or any pockets. KNOS turned the primary publicly traded Firm to simply accept Dogecoin as cost 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 cost.
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 growing a portfolio of high-quality, modern options for clear and secure air in addition to constructing and growing merchandise that gained visibility available in the market and funding neighborhood. As we proceed to construct a basis of worth creation for the Firm and our shareholders, we imagine partaking BOTS Inc as a companion will play a key function in growing 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 way of 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 beneath the image (OTC: BTZI) – is a diversified firm growing 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 way of digital expertise and decentralized blockchain options. Their administration is devoted to the robust development 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. 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 way in which air is moved, filtered, and sterilized. Traditionally, Kronos has targeted on growing, advertising, and promoting the Firm’s proprietary air motion and purification expertise. Serving the Indoor Air High quality (IAQ) market, Kronos expertise 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 power consumption to half of a 60-watt mild bulb. Kronos units might be variable in form or measurement and, due to this fact, have the potential to be scaled-down for air purification in vehicles or scaled-up in measurement for industrial and dangerous fuel destruction. The expertise is at the moment being carried out in a number of standalone merchandise for companies, houses, and automobiles of every type -to transfer, sterilize and filter air, together with eradicating allergens right down to 14.6 nanometers, passing by way of our patented expertise -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 units. Examples of instantly addressable markets embrace 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 modern protecting face masks with antimicrobial and anti-cellphone radiation safety options. The Firm is planning to file further patents to enhance its present expertise 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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Kronos Superior Applied sciences buyers and others ought to notice that we announce materials data to the general public concerning the Firm by way of varied means, together with our web site (https://www.kronosati.co/buyers), by way of press releases, OTCmarkets filings, public convention calls, by way of our company Social Media accounts, listed above. We encourage our buyers and others to observe and overview the data we make public in these areas as such data could possibly be deemed to be materials data. Please notice that this listing could also be up to date on occasion.
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SOURCE: KRONOS ADVANCED TECHNOLOGIES, Inc
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