Nick Barendt, Co-Executive Director of the IOTC, was in the news talking about the legacy of our electrical infrastructure. As Cleveland hosts the Blockland Solutions Conference to help foster the developing sector in the region businesses up and running are facing power grid issues.
The business highlighted is focused on the mining of cryptocurrency which is only one aspect of the larger Blockchain technology. The economic impact of this new technology on the region could be much broader than the much talked about Bitcoin and the potential of blockchain could revolutionize data security in multiple sectors.