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 right this moment 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 technique 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 way of immense computing energy. Every crypto miner world wide contributes to a decentralized peer-to-peer community to make sure the cost community is fluid, reliable, and safe.
Just lately, KNOS filed an utility 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 enables 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 grew to become 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 world 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, revolutionary options for clear and protected air in addition to constructing and growing 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 participating BOTS Inc as a companion will play a key position 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 sturdy progress 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. Finally, the Firm moved into the patron 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 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 the usage of 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 gadgets may be variable in form or dimension and, subsequently, have the potential to be scaled-down for air purification in vehicles or scaled-up in dimension for industrial and unsafe fuel destruction. The expertise is at the moment being carried out in a number of standalone merchandise for companies, houses, and autos of every kind -to transfer, sterilize and filter air, together with eradicating allergens all the way down to 14.6 nanometers, passing by way of our patented expertise -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 gadgets. Examples of instantly addressable markets embody colleges, universities, healthcare amenities, working rooms, manufacturing clear rooms, and the cabins of cars and business plane.
Just lately, the Firm filed for a provisional patent involving an revolutionary protecting face masks with antimicrobial and anti-cellphone radiation safety options. The Firm is planning to file extra patents to enhance its present expertise 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 newest 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 places of work are positioned in Los Angeles, California.
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SOURCE: KRONOS ADVANCED TECHNOLOGIES, Inc
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