Core Scientific and Astral AR Announce "Project Palladium"

Utilizing Proof of Work Public Blockchains for Public Good

BELLEVUE, Wash., June 13, 2019 — (PRNewswire) —  Core Scientific ( www.corescientific.com), a leader in infrastructure and software solutions for blockchain and artificial intelligence, and Astral AR ( www.astralar.com), a specialist in public safety drones, are proud to announce a strategic partnership centered around  embedded hardware to provide blockchain security and creative hardware financing.

Core Scientific - Equipping and enabling Data Scientists to take on the world’s most advanced AI challenges (PRNewsfoto/Core Scientific)

"Project Palladium" will utilize Core Scientific's proprietary software - Minder™ and MinderOS™ - and Astral AR's lifesaving drone technology will be able to monetize its otherwise unused processing power to secure the Monero blockchain. This strategic partnering of Core Scientific's dedicated engineering expertise and Astral AR's hardware offerings creates a new paradigm of revenue generation for hardware.

"Not only does this allow law enforcement, fire rescue and government to benefit from blockchain technologies, but this solution helps self-fund hardware that is otherwise unobtainable due to barrier of entry," said Leah La Salla, CEO of Astral AR. "Our mission is to ensure the EDNA public safety drone is available to law enforcement agencies, fire departments, and schools nationwide to stop bullets and save lives. Core Scientific's technology helps us make that a reality."

In proof-of-work blockchains, cryptocurrency mining is the act of contributing compute power to securing a digital ledger. By enabling hardware like the EDNA drone to contribute to the blockchain network while it would otherwise be idle, hardware can pay for itself over a multi-year period which enables underfunded sectors to have access to emerging technologies.

"This is a powerful example of the value proof-of-work blockchains can provide," said Kristy-Leigh Minehan, CTO of Core Scientific. "With Project Palladium, we are not only providing a computing backbone to a technology that continues to drive advancements around cryptography, but also enabling lifesaving technology to be in the hands of the people who need it most."

About Core Scientific

Core Scientific is a leader in infrastructure and software solutions for Artificial Intelligence and Blockchain. In an increasingly distributed and digital world, we believe blockchain and AI will change the way information is processed, shared, and stored across a range of industries.

About Astral AR

Astral AR builds drones that stop bullets. Founded in 2015 in Austin, Texas, by Leah La Salla and José La Placa Amigò, Astral AR produces lifesaving drones paired with artificial intelligence that can detect firearms through walls and protect humans in active shooter situations.

 

Cision View original content to download multimedia: http://www.prnewswire.com/news-releases/core-scientific-and-astral-ar-announce-project-palladium-300867242.html

SOURCE Core Scientific

Contact:
Company Name: Core Scientific, Astral AR
Matthew Bishop
Email Contact
Web: https://corescientific.com




Review Article Be the first to review this article
L3Harris


Featured Video
Jobs
(GIS) Analyst III - Aviation Division for Texas Department of Transportation at Austin, Texas
Geographic Info Specialist II for Texas Department of Transportation at Austin, Texas
Project Coordinator (Utility Coordination Team) for City of Austin at Austin, Texas
Geographic Information Systems Technician for County of San Diego at San Diego, California
BIM Manager for Microdesk at San Francisco, California
Sr. Product Design Engineer for Clarus at Fort Worth, Texas
Upcoming Events
Future of Mining Americas 2019 at Aldgate Tower, 2 Leman Street 2 Leman Street London United Kingdom - Oct 21 - 22, 2019
URISA GIS Leadership Academy at Phoenix AZ - Oct 21 - 25, 2019
SGEM Florence 2019 at Palazzo Borghese, Via Ghibellina 110, 50122 Florence, Italy Florence Italy - Oct 22 - 25, 2019
University of Denver GIS Masters Degree Online
Bentley: Livestream from Singapore
UAV Expo2019 -Register   & save



Internet Business Systems © 2019 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise