The Romanian company CryptoDATA Tech organizes the event Decentralized Connectivity Redefined in Bucharest on 19th March, where the Tesla founder, Martin Eberhard will be present for the launch of the first electric supercar concept developed in Romania. Martin Eberhard, one of the main speakers, co-founded the company Tesla Motors in 2003, with the position of CEO of the company until November 2007. He will present the philosophy of Tesla and the way in which the launch of this company managed to revolutionise the industry of electric cars. The projects presented in the Decentralized Connectivity Redefined: ? Momentum represents the first concept of completely electric supercar with Blockchain integrally developed in Romania and which develops the possibility to integrate innovative technologies in the industry of electric cars. Through this project, the auto industry meets the properties of blockchain technologiy, opening new horizons in generating utility and financial benefits. ? XIDEN Blockchain is a network which combines the Internet of Things system with blockchain technology to develop a protocol which will allow the smart devices to cover tasks auto and standalone mode.The platform of the network will facilitate the integration of all smart devices in the blockchain system with a view to ensuring the optimal and efficient use of all available resources. ? Ethernytree – a project concentrated on the repopulation of the forestry domains in collaboration with local authorities, with the possibility to be extended at global level, which use extended applicability of the blockchain technology to create an answer to the reduction of the surface of forests, the diminution of the carbon footprint due to the use of electricity needed to function the technological systems and, implicitly, climatic changes which take place everywhere in the world. The event expects 1,000 participants, among whom personalities in the whole world – CTOs, innovators and entrepreneurs in the blockchain technology industry, fintech, representatives of the auto sector, investors and many others. CrytoDATA Tech is a Romanian company which has activated in the domain of technology for over ten years, aiming at the development of the cyber security solutions and the use of extended applicability of Blockchain technology in multiple domains which could present services and innovative products at the disposal of the public at large.
The minimum wage threatens to develop into a new subject of disagreement among the ruling coalition's members in Romania, as prime minister Ilie Bolojan and, more recently, president Nicusor Dan argue for no revision as of January, while the Social Democrats (PSD) advocate for the enforcement of the EU Directive on the issue already legislated […]
Romanian prime minister Ilie Bolojan publicly invited the Social Democratic Party (PSD) to "join the far-right AUR" if it continues to oppose the government's reform agenda, escalating tensions within the ruling coalition, Republica.ro reported. The statement came in response...
Romania’s president Nicușor Dan said he expects a new draft of the magistrates’ pensions law to be completed within three weeks, expressing confidence that a political agreement will soon be reached,
The contribution to the public health system - CASS charged to recipients of pensions above RON 3,000 (some EUR 600) imposed by the government brought almost RON 9 billion (EUR 1.8 billion, nearly 0.5% of GDP) to next year's budget, according to health minister Alexandru Rogobete, cited by
Lukoil will have "an obligation" to sell its local refinery Petrotel before next month's deadline, Romania's state secretary for energy, Cristian Bușoi, told Politico in the context of the sanctions set by the US against two Russian oil companies. "We would be happy not to have Lukoil anymore," Busoi added. ...
Romanian businessman Dorinel Umbrărescu, with his core business in road construction, and the richest Ukrainian Rinat Ahmetov, owner of the Metinvest group, among others, have reportedly submitted offers to take over the ailing integrated steel mill Liberty Galati, currently part of Sanjeev Gupta's Liberty Steel Group, according to
