SG Blocks and Blockchain Holdings Capital Ventures (BHCV) Partner to Design Data Centers
Blockchain Holdings Capital Ventures, Inc. (BHCV) recently announced that they are teaming up with SG Blocks as the sole partners in designing and fabricating its single and multi-container data centers.
They aim to make low-cost, decentralized innovative data centers which will give reliable and affordable resolutions for BHCVs customers including built-in disaster recovery options.
The official announcement states that the first prototype is anticipated to be launched in the fourth quarter of this year. Following that, BHCV will establish a sales distribution channel to scale production of data centers, with an expected capacity of 150-200 units by 2020.
Paul Galvin, the chairman, and CEO of SG Blocks said:
“We’re proud to partner with Blockchain Holdings and begin working with them to create safe, durable data centers. The acceleration of data usage is creating a huge demand for new types of data centers and is a natural extension of SG Blocks’ expertise. We look forward to delivering results for Blockchain Holdings as soon as later this year.”
Chairman and CEO of Blockchain Holdings Capital Ventures, Delray Wannemacher added:
“Blockchain Holdings is thrilled to collaborate with the leading container-based modular company on this project. We know SG Blocks will execute this to the highest level of quality and ensure our data centers are safe, secure structures – commanding the trust of our customers for years to come.”
SG Blocks, Inc. is a trailblazer in developing and expanding the use of code-engineered cargo shipping containers for safe and sustainable construction. The firm offers a product that exceeds many standard building code requirements, and also supports developers, architects, builders, and owners in achieving greener construction, faster execution, and stronger buildings of higher value.
BHCV is a publicly traded holding company with a focus on a diversified set of complimentary cash flowing assets including Commercial Real Estate, Energy and Technology Companies.
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