Cryptocurrency News

Bitech Technologies Announces Technology Validation for Tesdison Technology with Testing Result from National Technical Systems

Bitech Technologies Announces Technology Validation for Tesdison Technology with Testing Result from National Technical Systems

Bitech Technologies Corporation a global technology solution provider dedicated to providing a suite of green energy solutions with a focus in cryptocurrency mining, data centers and other renewable energy initiatives today announces the testing results from National Technical Systems, Inc. (NTS) on the Company’s initial engineering sample which confirmed an energy efficiency multiple of three with the usage of Tesdison system on sample appliances.

Latest Fintech News: B2B Payments Company Credit Key Named An Official Payments Partner of Ecommerce Provider Miva, Inc.

NTS conducted testing in October 2019 on the Tesdison engineering unit built around U.S. patent no. 10, 547,179, B2. The Tesdison unit was developed to maximize electric output, providing continuous renewable energy from the electricity that has been stored in batteries of the unit. NTS (www.nts.com) is an independent testing, inspection, and certification company. With 59 worldwide locations, NTS provides its customers with best-in-class testing services to serve a wide range of industries, including space, defense, automotive, energy, electronics, telecommunications, medical, IoT, industrial, and aviation. NTS can create blended environments to ensure its customers’ products are able to work exactly how they want in any real-world situation. NTS is a one-stop shop for climatic and environmental testing, being able to simulate any condition on earth and beyond.

According to the Market Insider report issued on May 31, 20221, International Energy Agency chief Fatih Birol has warned of a triple energy crisis that could be “much bigger” and longer lasting than the 1970s. The United States and Europe face fuel shortages as summer vacations get underway. “We have an oil crisis, a gas crisis and an electricity crisis simultaneously,” said Mr. Birol. Currently, oil, gas, and electricity prices are soaring on both sides of the Atlantic, leading to a cost-of-living crisis. Meanwhile, the average price of U.S. electricity has increased 6.1% over the past year, as data from the Environmental Investigation Agency showed.

Latest Fintech News: Cashfree Payments partners with NPCI for tokenization of RuPay cards

The Company is working diligently in all directions to expand its business of bringing a suite of green energy solutions to the world. With the Tesdison technology validated by NTS, Tesdison technology is expected to be the first of our electricity efficiency solutions to address the world energy crisis today.

“The success of these engineering tests from NTS allows Bitech to move forward with confidence to start our commercialization process of the Tesdison technology, not only aiming at cryptocurrency mining application, but also expanding its use to other industry applications where green energy, especially electricity, is of exigency,” stated Dr. Benjamin Tran, Chairman and CEO of Bitech Technologies.

Latest Fintech News: LexisNexis Risk Solutions Acquires Property Insurtech Flyreel

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

75% of C-level Executives in the US Retail, Hotel and Restaurant Sectors Admit to a Seismic Shift Towards Digital Commerce According to a Study Revealed by J.P. Morgan and FreedomPay

Fintech News Desk

SocGen Private Bank Outsources International Back Office IT to Azqore

Fintech News Desk

Embroker Launches New Law Bundle Built on ONE by Embroker Platform

Business Wire
1