Blockchain Holdings Capital Ventures, Inc. (BHCV) recently announced that they are teaming up with SG Blocks as the sole partners in designing and fabricating its single and multi-container data centers.
They aim to make low-cost, decentralized innovative data centers which will give reliable and affordable resolutions for BHCVs customers including built-in disaster recovery options.
The official announcement states that the first prototype is anticipated to be launched in the fourth quarter of this year. Following that, BHCV will establish a sales distribution channel to scale production of data centers, with an expected capacity of 150-200 units by 2020.
Paul Galvin, the chairman, and CEO of SG Blocks said:
Chairman and CEO of Blockchain Holdings Capital Ventures, Delray Wannemacher added:
SG Blocks, Inc. is a trailblazer in developing and expanding the use of code-engineered cargo shipping containers for safe and sustainable construction. The firm offers a product that exceeds many standard building code requirements, and also supports developers, architects, builders, and owners in achieving greener construction, faster execution, and stronger buildings of higher value.
BHCV is a publicly traded holding company with a focus on a diversified set of complimentary cash flowing assets including Commercial Real Estate, Energy and Technology Companies.
Blockchain technology has really been trying to disrupt the real estate industry. In Switzerland, three companies, namely, Blockimmo, proptech company Elea Labs Ltd. and digital assets service firm Swiss Crypto Tokens Ltd agreed on a deal for 18 apartments and restrunts worth close to $3 million dollars.
Additionly, the County Auditors’ Association of Ohio formed a team to study the effective use of Distributed Ledger Technology for an effecient transfer of property deeds.