Cryptocurrency Mining Can Aid Sustainable Farming- The Advent of ‘Cryptomatoes’

Cryptocurrency mining energizes Tomato Greenhouse

A new startup has been set up with an ecological premise by the Czech new age crypto exchange, NakamotoX. There are not very many uses for excess heat produced from digital machinery or cryptocurrency mining devices. However, this startup has managed to combine Blockchain technology with farming and has produced an edible batch of tomatoes by diverting the heat of mining machines to a customized greenhouse. Cofounder, Kamil Brejcha, and staff have built a separate space for their Bitcoin mining servers and utilized their excess heat production for growing tomatoes. The project is likely to be followed by a new type of farming technology called ‘Agritechture’, and the results so far have been entirely fruitful with the success of the first batch of what they call ‘cryptomatoes’. Brejcha explains in a tweet, “We have developed something called ‘Cointainer’ which is being placed in the basement and the heat is blown into the greenhouses. More details will be revealed soon”.

One downside to the crypto mining industry is the effect of the machinery’s heat generation on the environment. Most companies do not utilize this heat energy for any productive use which raises the concern for sustainable development among environmentalists and crypto user alike. The initiative that Brejcha and company have taken can create an energy cycle loop where heat from mining helps grow crops and biowaste from the harvest help power machinery. The project solves numerous growing concerns and provides an ecological and self-sustaining solution. Brejcha commented on the cryptomatoes saying, “You will be able to buy (cryptomatoes) in common shops soon but I cannot reveal more details about the brand now”.

The large-scale impact of Agritechture could help build on sustenance farming and energy conservation, two globally alarming problems putting pressure on the environment today. With the significant application in future crop cultivation, cryptomatoes could start a worldwide transformation in farming as we know it.

Title Sponsor Money Trade Coin Group Felicitates Winners of Lokmat Corporate Excellence Awards 2018

Money Trade Coin Group, led by its founder Dr. Amit Lakhanpal was recently associated with Lokmat Corporate Excellence Awards 2018 as a title sponsor that recognizes stalwart companies and entrepreneurs of Maharashtra that have contributed towards developing superior corporate governance standards led by a robust and sustainable growth model, fostering a positive impact on the society. 

Lokmat Corporate Excellence Awards 2018 

The event held at Four Seasons Hotel in Mumbai included crème-de- la-crème of the society from Lokmat’s senior management, cabinet ministers, VIPs, Joint Police Commissioners, senior bankers, businessmen and actors from the Bollywood industry. Ministers such as  Shri Diwakar Raote- Cabinet Minister of transport in Maharashtra, Shri Arvind Sawant- Member of Parliament and VIPs namely Mr. Bhushan Gagrani CEO at CIDCO, Shri Sanjay Bhatia - Chairman Mumbai Port Trust and Shri Pallavi Darade- Indian Revenue Service officers graced the event with their presence. Lokmat Corporate Excellence Awards 2018 had also witnessed the presence Joint Police Commissioners Mr. Devendra Bharati, Mr. Sanjay Saxena, Mr. Ashutosh Dumbre, Mr. Amitesh Kumar. Discussion Panel included various renowned names such as Mr. Kewal Handa Chairman of Union Bank of India, Mr. Shailesh Haribhakti Chairman at Haribhakti Group, Mr. Anant Singhania- CEO of JK Enterprises, Mr. MD Agrawal- President of Bombay Management Association, Mr. Niteen Bhagwat Vice Chairman at FCB Interface. Bollywood celebrities such as Sonu Sood & Shashank Ketkar had also glorified the event. 

Discussion Panel at the Event 

The underlying theme of the discussion was achieving business sustainability through better maintenance of ethical corporate governance standards. Business stalwarts from Maharashtra were recognized for their corporate excellence as a small gesture of appreciation to honor people and businesses felicitating their reputation and exemplary contribution to the society. The event also highlighted the ability of such individuals to steer their objective during turbulent times while epitomizing their knowledge and strength to drive growth in the society. It is notable that Dr. Amit M. Lakhanpal, Director Money Trade Coin Group was felicitated with Business Excellence Awards in 2015 for his outstanding achievements in the Real Estate industry.

Dr. Amit Lakhanpal Founder of Money Trade Coin Group with his wife Mrs. Urvashi Lakhanpal & other dignitaries at Event 

Money Trade Coin, a new-age cryptocurrency founded under the vision of Dr. Lakhanpal is a pioneer in crypto space, while the group is a global leader that offers multi-cryptocurrency exchange platforms with innovative crypto-solutions that exploit the application of Blockchain Technology into real-world transactions. Money Trade Coin occupies a reputed position in the cryptocurrency space and has attracted the eyes of several people globally. The independent approach of the group has led to a significant development towards its vision of a decentralized economy with non-existent financial borders while creating a powerful society that leads to an autonomous structure and development of a transparent ecosystem.

"Mid Day Housie Presented by Money Trade Coin Group, Brings Hope to Family"

Founder & Director of Money Trade Coin Dr. Amit Lakhanpal and Winner Sanjay Thakkar

Every now and then, where you least expect it, dreams can really come true. Such a marvel recently took place last Saturday at the Mumbai Mid Day Housie. Money Trade Coin Group helped make this day memorable by sponsoring the event, which led to housie winner Sanjay Thakkar claiming his cash prize. The lucky man from Thane was overwhelmed with his victory and had a heartwarming plan for where his money would be spent. Due to financial burdens, he was unable to fulfill his daughters wishes to study further. Until now his employer had managed to help him put his daughter in a school in Gujarat, but with other complications in his life like the death of his wife and the expenses involved in caretaking for his elderly parents, Sanjay was in need of assistance. With these funds, he can now give his daughter a good education in one of the best schools in India, and focus his efforts on keeping the rest of his family financially secure. This unexpected source of charity helped hardworking Sanjay finally catch a break and the selfless use of the winnings revealed his honorable intentions.

Insights From ET Edge Maharashtra Achievers Awards 2018

The recognition of Maharashtra’s most talented was commemorated at the ET Edge Maharashtra Achievers Awards 2018. All prominent players in the business, media, technology, sports, and more were acknowledged and celebrated for their excellence at the event presented by the Money Trade Coin Group and powered by Ajeenkya DY Patil University. The event was also supported by Femina and was truly honored with the presence of Chief Minister of Maharashtra, Shri Devendra Fadnavis, the first lady of Maharashtra, Amruta Fadnavis along with revered members of the state cabinet like Minister of Finance & Planning, Sudhir Mungantiwar, and Minister of Water Resources, Girish Mahajan. The event also featured important guest speakers like Mr. Deepak Lamba, CEO of Worldwide Media, Tanya Chaitanya, Chief Community Officer and Editor of Femina, Dr. Amit M. Lakhanpal, Founder and Chairman of Money Trade Coin Group, and Dr. Ajeenkya DY Patil, President of Ajeenkya DY Patil University. The four reputable guests expressed their praise of the achievers present that night and established that these frontrunners would soon become the leaders of their fields. Besides these chief speakers, other noteworthy personalities from various industries graced the event and made an impact like social activist Mrs. Amruta Fadnavis, businessman Mr. Adar Poonawala, Director General of Police Satish Mathur, actors Shreyas Talpade, Sai Tamankar, Sonali Kulkarni, and Sachin Pilgaonkar as well as long-distance runner Lalita Babbar. The night ended in celebration with star host of the night, Siddharth Kannan, making the event all the more memorable.