The Spain-based company will tokenize debt financing for solar and battery installations in partnership with Taurus and the Stellar Development Foundation. Turbo Energy (Nasdaq: TURB) is launching a pilot project to tokenize financing for hybrid renewable energy systems, starting with an on-site solar and battery installation at a supermarket in Spain. The initiative aims to demonstrate how blockchain-based debt instruments can fund distributed energy projects. The project is being developed in collaboration with digital asset infrastructure firm Taurus and the Stellar Development Foundation. According to an announcement, the pilot will test how tokenized financing can support liquidity and improve capital access to renewable energy funding. Energy-as-a-Service is a model that allows customers to pay for energy use or performance without owning any equipment. It allows businesses to access clean energy through subscription-style contracts while providers handle installation, maintenance and operation. Read mo...
Ideosphere wants to redirect crypto’s speculative energy into scientific prediction markets, betting on research results that finance scientific research. The co-founders of the decentralized science startup Ideosphere told Cointelegraph they aim to redirect the speculative energy of crypto prediction markets toward financing early-stage scientific research. Speaking to Cointelegraph at the Blockchain for Good Awards event in Copenhagen, Denmark, Ideosphere co-founder and head of technology Rei Jarram said that some research is considered too risky to invest in through traditional channels. She said that seeing the volume of money flowing to crypto gambling platforms prompted the project’s founders to wonder “if you could kind of siphon some of that speculation away from gambling toward early-stage research.” Read more
At least 12 people were killed and 36 were injured as a bomb blast ripped through the district and sessions court building in Islamabad’s G-11 area, according to officials. Officials said that it was a suicide attack. The blast occurred as international events were being hosted in the capital, including the Inter-Parliamentary Speakers’ Conference and the 6th Margalla Dialogue, while a cricket match between the Green Shirts and Sri Lanka was also being held in Rawalpindi. Here are some images from the site of the blast. A charred car is pictured at the suicide blast site in Islamabad. — AFP People stand near a damaged police vehicle after a blast outside a court building in Islamabad. — Reuters Members of the forensic team work after a blast outside a court building in Islamabad. — Reuters Firefighters douse a car at the suicide blast site in Islamabad. — AFP Interior Minister Mohsin Naqvi (C) visits suicide blast site in Islamabad. — AFP Policemen examine a car after a suicide blast in Islamabad. — AFP Polic...