Now it is clear that the bank sector is in crisis. When the biggest German financial institution in the world, Deutsche Bank, declares that needs “more than adjustment”, the need for hard change becomes evident.
Whatever happens, it is clear that banking sector came to the point of no return – financial future is digital.
On the other hand, another very interesting project emerged. Roberto Hroval is entrepreneur, innovator, researcher, and edge-science enthusiast. Founder and chairman of PatentReal Corporation and also a founder of Project Phoenix8.
The latter is actually an industrial “waste-to energy” plant, based on well-known Product Reincarnation Technology that was reported in numerous media, including Harvard University Blog, University of Oxford blog, Bloomberg, Nature.com, Academia.edu and more than 2.000 news media all over the globe.
The interesting fact is that Project Phoenix8 will go public via ICPO (Industrial Coin Private Offering) and crypto coin PP8. This is the first ICPO. It is also the first one based on “cryptangible economy”, which means that the project is based on crypto, it is tangible (real value), and it is providing great economic value for the market. That is, the end product – which will be in this case fuel or electricity – must be sellable and the profit must be substantial.
Roberto Hroval said he was waiting the right moment. He decided for crypto from practical reasons, mainly because that way everyone has an opportunity to participate in “big game”, not just banks, VC fonds, etc. Crypto coin PP8 will be available at some selected crypto exchanges.
“The plant is waiting to be shipped from Asia,” reported Roberto Hroval not long ago, “but we have to prepare the foundations here in Europe where the plant will be located.”
The most talked-about locations where the first Project Phoenix8 plant could be located are Germany and Slovenia.