Core Scientific and Astral AR Announce "Project Palladium"
Utilizing Proof of Work Public Blockchains for Public GoodBELLEVUE, Wash., June 13, 2019 — (PRNewswire) — Core Scientific ( www.corescientific.com), a leader in infrastructure and software solutions for blockchain and artificial intelligence, and Astral AR ( www.astralar.com), a specialist in public safety drones, are proud to announce a strategic partnership centered around embedded hardware to provide blockchain security and creative hardware financing.
"Project Palladium" will utilize Core Scientific's proprietary software - Minder™ and MinderOS™ - and Astral AR's lifesaving drone technology will be able to monetize its otherwise unused processing power to secure the Monero blockchain. This strategic partnering of Core Scientific's dedicated engineering expertise and Astral AR's hardware offerings creates a new paradigm of revenue generation for hardware.
"Not only does this allow law enforcement, fire rescue and government to benefit from blockchain technologies, but this solution helps self-fund hardware that is otherwise unobtainable due to barrier of entry," said Leah La Salla, CEO of Astral AR. "Our mission is to ensure the EDNA public safety drone is available to law enforcement agencies, fire departments, and schools nationwide to stop bullets and save lives. Core Scientific's technology helps us make that a reality."
In proof-of-work blockchains, cryptocurrency mining is the act of contributing...