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.
Roughly 40 searches took place in the Port of Constanța and other locations on Monday, February 24, in an investigation by the Anti-Corruption Directorate, or DNA, targeting influential local businessmen, former customs officials in the port, and one of the leaders of the Constanța branch of the governing Social Democratic Party (PSD). The prosecutors’ accusations […]
The Bucharest Community Foundation has announced funding for two new projects aimed at enhancing climate resilience in the Romanian capital by implementing sustainable ecological solutions to improve urban infrastructure and environmental quality. The projects were selected through the sixth round of the Environmental Platform for Bucharest initiative. Out of 16 eligible proposals, the jury chose […]
One of the hostages released on Saturday, February 22, by the terrorist organization Hamas also holds Romanian citizenship. The exchange took place before another setback in negotiations and exchanges. Hostages Tal Shoham and Avera Mengistu were released during a staged event in Rafah, and hostages Eliya Cohen, Omer Shem Tov, and Omer Wenkert were released […]
Polish company Scallier, who is expanding its network of Funshop Park retail parks in Romania, is set to open a new shopping center in the Arad region. The opening date for the roughly 10,000 sqm retail park is March 6. The decision to build a retail park in the Arad region in western Romania was […]
Morphosis Capital Fund II has made its first investment outside Romania by acquiring a minority stake in EnduroSat, a leading European provider of high-end satellites and space services. The investment is part of a broader funding round aimed at accelerating EnduroSat’s expansion in the fast-growing "New Space" industry. EnduroSat, founded by Raycho Raychev, specializes in […]
Approximately 11.2 million Ukrainian citizens have entered Romania during the three years of war, the Romanian Border Police reported on Monday, February 24. In total, from February 10, 2022, to February 23, 2025, a total of 11,191,703 Ukrainian citizens have entered Romania. Globally, around 7 million Ukrainian refugees reside in other countries at the moment. […]
