Home Lenovo Partners With GoChain to Operate Signing Node
News, Technology

Lenovo Partners With GoChain to Operate Signing Node

Max Moeller

Lenovo, the technology company that makes laptops and other hardware, is getting into blockchain technology according to a blog post from GoChain.

GoChain, which considers itself the “fastest, most reliable, web3 based blockchain protocol and client,” is partnering with Lenovo, in which the tech company will act “as a signing node operator” for the blockchain.=”

“As a signing node, Lenovo will be one of up to 50 enterprises and organizations to run specialized servers that facilitate the GoChain network’s Proof of Reputation (PoR) consensus algorithm and validate the blocks of transactions produced on the blockchain network,” reads the post.

Speaking on the matter is one Jason Dekker, the Co-Founder and CEO of GoChain:

“We are extremely proud to not only welcome Lenovo as a Node signer, but to be part of a pioneering effort in green technology. GoChain was founded with a focus on driving adoption of technology for the betterment of society and we strongly support their commitment to reduce energy usage with liquid immersion cooling technology.”

The post also notes that this node will be “the first of its kind to be operated in a liquid immersion data center for cooling.” That cooling tech is under development by Midas Green Technology, and the Blockchain Resources Corp will be building what are called “green” data centers that will store the Lenovo node.

As one can imagine, these green data centers help clean up the energy used by Lenovo’s node, and they do so by managing “expensive air cooling infrastructure” like big fans and dehumidifiers, among other things.

However, the post also notes that this isn’t Lenovo’s first foray into blockchain tech. In March of 2018, the hardware company saw the launch of its Lenovo S5, which takes advantage of blockchain tech to secure its payments.

Trusted & Regulated Stock & CFD Brokers

Rating

What we like

  • 0% Fees on Stocks
  • 5000+ Stocks, ETFs and other Markets
  • Accepts Paypal Deposits

Min Deposit

$200

Charge per Trade

Zero Commission on real stocks

Rating

64 traders signed up today

Visit Now

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Available Assets

  • Total Number of Stocks & Shares5000+
  • US Stocks
  • German Stocks
  • UK Stocks
  • European
  • ETF Stocks
  • IPO
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 Zero Commission
  • NASDAQ Zero Commission
  • DAX Zero Commission
  • Facebook Zero Commission
  • Alphabet Zero Commission
  • Tesla Zero Commission
  • Apple Zero Commission
  • Microsoft Zero Commission

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
  • Paypall
  • Skrill
  • Neteller

Rating

What we like

  • Sign up today and get $5 free
  • Fractals Available
  • Paypal Available

Min Deposit

$0

Charge per Trade

$1 to $9 PCM

Rating

Visit Now

Investing in financial markets carries risk, you have the potential to lose your total investment.

Available Assets

  • Total Number of Shares999
  • US Stocks
  • German Stocks
  • UK Stocks
  • European Stocks
  • EFTs
  • IPOs
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 $1 - $9 per month
  • NASDAQ $1 - $9 per month
  • DAX $1 - $9 per month
  • Facebook $1 - $9 per month
  • Alphabet $1 - $9 per month
  • Telsa $1 - $9 per month
  • Apple $1 - $9 per month
  • Microsoft $1 - $9 per month

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account

Max Moeller

Max Moeller

Cryptocurrency and games writer. Looking to the future by studying how these two industries can blend. LinkedIn: https://www.linkedin.com/in/maxwell-moeller-912044b4/