Apple co-founder Steve Wozniak has joined a Malta-based blockchain enterprise targeting a lot of economical use of energy.
Speaking at an event on the island weekday, Wozniak aforementioned he has invested with within the EFFORCE project – that permits investors to back energy economical comes round the world –
and become a co-founder.
According to the Malta freelance, Wozniak explained that the firm aims to bring cash savings on energy, however additionally facilitate the setting, a factor he said was important to him.
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Blockchain, he continued, will bring improvements to energy use and reduce consumption without consumers needing to change their habits.
Wozniak conjointly aforesaid the Maltese government’s enthusiasm for blockchain was a key consider the corporate fitting search there.
The startup’s totally different co-founder, Jacobo Visetti, aforementioned Malta “was the foremost broad-minded country we have a tendency to might realize within the world in terms of recent technology.”
As prompt, the Mediterranean island nation has been extremely proactive when it comes to blockchain.
A year ago, its government passed a trio of bills about cryptocurrency and blockchain, aimed to attract businesses in the space.
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The effort has been working, with notable crypto exchanges such as Binance and OKCoin now working in Malta.
The government has conjointly been moving to adopt the technical school in administration, developing a blockchain strategy, and putting the tech to use in storing academic qualifications and rental contracts.
Wozniak first got involved with blockchain companies last August, when he joined investment-focused crypto startup Equi Capital.
He aforesaid at the time that he “was astonished at the technology behind [cryptocurrency].”