Malta was the the unlikely location to launch an innovative tech start up. Apple co-founder Steve Wozniak made an announcement to launch a new blockchain project.
Wozniak has invested in a blockchain energy saving company EFFORCE, and became the company’s co-founder, Malta Independent wrote. He made the announcement at the pre-launch of the Delta Summit in Malta.
The company will be focusing on energy efficiency and sustainability. According to Wozniak, it will allow people to save money on energy while being more eco-friendly. This would be the world’s first blockchain based energy savings trading platform which links investors with capital projects around the world.
He believes blockchain technology can contribute to lowering energy consumption without forcing people to change their habits.
“EFFORCE is a unique business model and we can have a great impact on entrepreneurship by having inclusive participation” he added.
The company has chosen Malta for its headquarters due to the island’s pro-blockchain attitudes. The government’s willingness to invest in blockchain projects has been an incentive, Wozniak added.
EFFORCE is a subsidiary of AItherCO2 based in MIlan with offices in London, Dakar and San Francisco. AitherCO2 is one of Europe’s leading Energy Service Companies with specialists in the energy efficiency and energy engineering sector.
The energy efficiency market currently stands at a value of £186 Billion with a steady growth of 10% per annum.
For more information about AitherCO2, please visit www.aitherco2.com
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