Vancouver, British Columbia–(Newsfile Corp. – June 16, 2022) – Ocean Falls Blockchain Corp. (“OFB” or the “Company”) is happy to announce it has engaged award-winning planning, city design and panorama structure agency, Fotenn, to discover the design and digital recreation of a digital twin of OFB’s B.C. facility.
“We are excited at the opportunity to bring our land use planning and urban design expertise to the forefront and to collaborate with Ocean Falls. Our shared goal of implementing a strong virtual environment for all users has enriched our joint efforts,” mentioned Ute Maya-Giambattista, Principal at Fotenn Planning + Design.
Fotenn is an award-winning agency with intensive expertise in real-world land-use planning and city design
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This initiative will strengthen OFB’s providing to its hosted shoppers. Fotenn will work with the Company to assist design a digital duplicate of Ocean Falls’ mining facility the place shoppers will probably be in a position to view and handle their {hardware} in a digital setting.
In this digital setting, hosted miners will probably be in a position to view crucial data like their unit’s operating temperature, carry out reboots, shutdowns, and different diagnostic procedures via controls related through an API to their real-world counterparts.
“We are excited to be working with such an esteemed and renowned Canadian firm as Fotenn. Ocean Falls continues to work to bolster its mining operations to best support clients, and this includes creating cutting edge tools that make hosting with Ocean Falls Blockchain easier and more convenient,” mentioned Oded Orgil, CEO at OFB.
Fotenn has intensive expertise in real-world land-use planning and city design, engaged on tasks such because the Glen Abbey Master Plan in Oakville, the Tannery District in Cobourg, ON, Gibbard District in Napanee, ON, and the 34-hectare Lock 18 Master Plan in Cornwall, ON, amongst different developments.
Ocean Falls will even discover a digital twinning utility for golf programs in affiliation with the Company’s decentralized captive insurance coverage resolution, SuretyBlock. SuretyBlock goals to present commerce associations, organizations, and occasion organizers with the choice to insure themselves towards numerous liabilities utilizing the facility of blockchain expertise to pool and distribute funds.
The first decentralized product from SuretyBlock, referred to as Eagle1, will probably be launching this month. Eagle1 is a Hole-in-One insurance coverage platform for the golf business, making it simpler, faster, and extra environment friendly for hole-in-one prizes to be obtained and issued on golf programs.
About Fotenn Planning + Design
Fotenn is an award-winning planning, city design, and panorama structure agency with places of work in Ottawa, Kingston, and Toronto. Established in 1992, Fotenn is dedicated to a responsive and private method and to the trustworthy and truthful remedy of its shoppers and the communities through which it operates. Visit fotenn.com for extra data.
About Ocean Falls Blockchain
Ocean Falls is a Canadian blockchain expertise firm that operates a 2MW-plus, clear energy-powered cryptocurrency mining farm within the historic coastal city of Ocean Falls, B.C. Ocean Falls can be creating a brand new sustainable resolution for the captive insurance coverage business. Visit oceanfalls.com for extra data.
For additional data, please contact:
Oded Orgil
Chief Executive Officer of OFB
oded@oceanfalls.com
Forward-Looking Statements
This information launch comprises “forward-looking statements” and “forward-looking information” inside the which means of relevant securities legal guidelines. Forward-looking statements on this information launch embody, however aren’t restricted to: providing of safe belongings custody and administration of funds, enchancment of pockets safety and custodial capabilities and future adjustments that could be applied because of integration of the Fireblock Network and MPC protocols. These statements are primarily based upon data at the moment accessible to OFB’s administration. All data that isn’t clearly historic in nature could represent forward-looking statements. In some circumstances, forward-looking statements could also be recognized by means of phrases similar to “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “predict”, “project”, “will”, “would”, and “should”. Forward-looking statements contained on this information launch are primarily based on sure elements and assumptions made by administration of OFB primarily based on their present expectations, estimates, projections, assumptions and beliefs relating to their enterprise and OFB doesn’t present any assurance that precise outcomes will meet administration’s expectations. While administration considers these assumptions to be cheap primarily based on data at the moment accessible to them, they could show to be incorrect. Such forward-looking statements aren’t ensures of future occasions or efficiency and by their nature contain identified and unknown dangers, uncertainties and different elements that will trigger the precise outcomes, efficiency or achievements to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. Although OFB has tried to establish vital elements that might trigger precise actions, occasions or outcomes to differ materially from these described in forward-looking statements, different elements could trigger actions, occasions or outcomes to be completely different than anticipated, estimated or supposed. There might be no assurance that such statements will show to be correct as precise outcomes and future occasions might range or differ materially from these anticipated in such forward-looking statements. Accordingly, readers shouldn’t place undue reliance on forward-looking data. OFB doesn’t undertake to replace any forward-looking data, whether or not because of new data or future occasions or in any other case, besides as could also be required by relevant securities legal guidelines.
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