On the 18th July, the
Malta Independent reported that Apple co-founder Steve Wozniak is to launch a blockchain-focused company in the country. The firm, EFFORCE, was founded with Jacobo Visetti and aims to reduce energy consumption using blockchain technology. The savings made on energy costs will become profit for contributors.
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Wozniak is best known as the co-founder and tech brains behind Apple but hasn’t actively worked for the tech giant since 1985. Since then he has worked mainly as a teacher and on entrepreneurial and charity projects in technology. Yesterday it was revealed that his newest venture, EFFORCE, will champion energy efficiency with blockchain.
“Blockchain will improve the way we use energy and lower energy consumption without changing our habits,” stated Wozniak.
Meanwhile, Visetti is the co-founder and CEO of AitherCO2, another environmentally-focused firm. It advises companies on meeting energy efficiency targets, such as EU rules on carbon emissions. Clients include airline companies such as Qatar Airways and Boeing, along with oil and gas giants Shell, British Petroleum, Total and Petronas.
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