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Blockchain Energy Publishes Results of Q&A Session With Inventor of Industry Changing Technology
Blockchain Energy Publishes Results of Q&A Session With Inventor of Industry Changing Technology.
About this update from Vortex Brands Co.
[{"type":"text","content":"\n\n SACRAMENTO, Calif., March 14, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- Vortex Brands Co. (OTC:VTXB) published the results today of a recent Q&A session with Bob Widner, who led his family's efforts in inventing Phase Angle Synchronization (PAS), the first project to be launched by Blockchain Energy, Inc.\n Q: Thank you for your time today, Mr. Widner. Tell us, what is Phase Angle Synchronization and how long have you been working on this technology? A: Do you realize that up to 40% of the electricity provided by the utility companies is wasted? When you think about what that means on a worldwide basis and the billions of dollars involved, that stat alone was intriguing enough for me and my brothers to begin looking for a solution to this problem and we began working on this project over 25 years ago. Some say it became an obsession with us and I guess you could say that's accurate, but the risk vs reward was so great that we just couldn't let it go. We were driven and determined to find a solution. Back in the day, we attended countless meetings with engineers, utility company managers, utility experts, we attended conferences, think tanks, etc. This flurry of activity all began long before smart phones or even the internet really. The more we learned, the more we realized that with the right components, computational power and technical configuration, we had a chance of pulling it off. Q: So can you tell us about the PAS technology? A: In the simplest of terms, the technology is a solution to a problem that has always been a major concern in the utilities industry; line congestion resulting from inefficient power consumption. 40% is a lot of waste. The waste is inherent in how energy is provided and consumed, it's costly and over time, it's detrimental to the grid itself. This technology allows what was once wasted to now be recycled resulting in huge cost savings and less stress on infrastructure. This project is a massive undertaking and the process is detailed and would take us hours to walk through all that it entails. With that in mind, we've put together a video explaining the technology in more detail and I would encourage you to visit YouTube and review it when you get a chance and maybe provide a link so that others might be able to review as well. https://www.youtube.com/watch?v=iHy45odWh6g Q: Okay. So aft...