Mission Statement: Vrenelium
Why another blockchain technology? Why Vrenelium? We are excited in block chain technologies since the public recognition of Satoshi Nakamoto’s whitepaper “Bitcoin: A Peer-to-Peer Electronic Cash System”. The nearly limitless potential of an open, free, decentralized peer-to-peer protocol was soon quite obvious. So we did a lot of research at contexagon labs to understand, apply and improve the blockchain technology for our specific needs.
What we offer during is the possibility to be part of a fast, safe and easy-to-use blockchain technology and initially developed as a blue friday research project by the Swiss company contexagon GmbH and is now runned and advanced by the Swiss Vrenelium AG.
We also attach great importance to sustainability. With the electricity currently being spent on the mining of the leading blockchains, a complete smaller state could provide all its private and commercial consumers. From our point of view this is an intolerable situation. We have therefore decided to cooperate with international and, where possible, independent research facilities. The computing power and thus the energy that is used for mining should be provided at the same time to non-profit projects such as cer research (eg Folding@home), climate research, SETI, welfare aid and similar initiatives. Details on the implementation will be released in our whitepaper. Contact to interested non-profit projects is already very welcome. Just contact us.
Vrenelium is a real Swiss blockchain technology – safe, transparent and decentralized. So we named Vrenelium after the legendary Swiss gold coin – the Vreneli.
News about Vrenelium
Vrenelium AG has therefore decided to close the Private Sale after two months. Vrenelium AG will now primarily provide its white paper services, advise companies on Blockchain technologies, perform audits on smart contracts, and develop smart contracts.
The development of the Vrenelium Blockchain ecosystem will be continued in parallel. With our disruptive approaches like Proof of Meaningful Work (PoMW as part of the Vrenelium Double Helix, machine learning-based intelligent transaction system, and the integration of easy-to-build Prokyon Smart Contracts we gained great interest. We will carry out the further development through self-financing and / or with the involvement of investors.
Vrenelium AG thanks all supporters and interested parties. We look forward to your continued support on the road to the first sustainable Blockchain technology.
Sascha P. Lorenz, M.Sc.
Co-Founder, Senior Software Engineer, Big Data and Machine Learning Technologies