Learn about the details of the GoChain project and Lenovo cooperation
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Answer Learn about the details of the GoChain project and Lenovo cooperation
The GoChain Project, a blockchain application ecosystem, recently announced the addition of Lenovo as a signing node operator for the GoChain blockchain network.
As a signing node, Lenovo will be one of 50 organizations running specialized servers that facilitate the GoChain Network’s Proof of Reputation (PoR) consensus algorithm and validate transaction blocks generated on the blockchain.
Lenovo’s blockchain signature node will be the first of its kind to be run in a liquid-cooled immersion data center.
GoChain is currently using server immersion cooling technology developed by Midas Green to create “green” data centers that house a Lenovo node.
Cooling immersion data centers reduce energy use by eliminating expensive air cooling infrastructure such as server fans, air compressors, air circulation fans, air ducts, air handling and auxiliary systems such as dehumidifiers.
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This is not the first blockchain project that Lenovo has participated in, as the company has previously relied on blockchain technology in product development activities and worked to apply it to internal business processes.
In March 2018, Lenovo launched its new smartphone Lenovo S5, which uses blockchain technology to make payments more secure.
Additionally, in June 2018, Lenovo joined Hyperledger.
GoChain Co-Founder and CEO Jason Decker said:
We are very proud to not only welcome Lenovo as a signer of the knot, but also to be part of a pioneering effort in green technology.
GoChain was founded with a focus on driving technology adoption for the betterment of society, and we strongly support their commitment to reducing energy use through liquid immersion cooling technology.
The price of GoChain coin has risen after the recent announcement of the partnership as the chart below shows:
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