SOLDO CONSTANT LTD and Eco Mining Solutions Enters into an Agreement to Complete the Transaction on the Hard Mining Bened (BND) Project

NEW YORK, NY, Oct 19, 2022 – (ACN Newswire) – The leaders of the international concerns SOLDO CONSTANT LTD and Eco Mining Solutions have signed an agreement to complete the transaction on the Hard Mining Bened (BND) project. Boris Batalov and Sergey Kostanich signed the final agreements and sealed the contract with a handshake. According to the press service of Soldo Constant, all the conditions necessary for the completion of transactions have been fulfilled on both sides. It is noted that the agreement was signed within the framework of the VII Eastern Economic Forum. The video of the signing is posted on the official YouTube channel of Eco Mining Solutions.

The companies announced the completion of the formation of organizational structures of cooperation, as well as the signing of all final agreements, and the fulfillment of all conditions necessary for the implementation of the international Hard Mining Bened project within the framework of the Strategic Cooperation Agreement concluded in 2021, which, in addition to the joint development of BND coin mining, provides for the exchange of technologies and personnel, as well as the participation of SOLDO CONSTANT LTD participates in international projects of Eco Mining Solutions.

Boris Batalov, Director of SOLDO CONSTANT LTD, made the following statement at a briefing on the signing of the contract: “I thank Eco Mining Solutions for becoming one of our first strategic partners! It is especially pleasant that you have imbued yourself with the idea of our anti-poverty ideas and our IT developments. According to our roadmap, we are building a network of nodes that will be able to ensure the operation of a decentralized repository of world events. The Benedhash application is the world’s first public blockchain storage, the use of which is required in many areas of the real economy. In 2024, we will release an application for free access, which notaries will be able to use – to duplicate registers with signatures of participants, emergency commissioners – to photograph accidents with instant uploading of incident photos to the blockchain, lawyers – to sign contracts with the possibility of publicly requesting data from the Bened blockchain. And many other users around the world.”

For reference. Thanks to the signed agreement, the opportunities for mining BND coins using Hard Mining Bened technology have doubled. Previously, using Soft Mining technology, users could mine 1% per day of the account balance. Hard Mining technology can already guarantee users 2% BND per day, all rights to this technology belong to Eco Mining Solutions.

These materials contain statements regarding future events and expectations, which constitute forward-looking estimates. Any statement contained in these materials, which is not information for past reporting periods, is a forward-looking assessment associated with known and unknown risks, uncertainties and other factors, as a result of which actual results, performance indicators or achievements may differ materially from expected results, performance indicators or achievements, directly or indirectly expressed in these forward-looking estimates.

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Topic: Press release summary

Launch of the Soldo Blockchain is Scheduled for December 19, 2021

The financial department of Soldo company announces the completion of the development stage of the blockchain. This was announced by the project director Boris Batalof. The blockchain launch is scheduled for December 19, 2021.

The concept of the Soldo project is based on the monetary policy of the great Emperor Constantine the First. This idea was formed during the economic crisis in Western Europe, which was successfully localized thanks to the introduction of a new currency – the Soldo.

As the founder of the project, Boris Batalov said during the Fifth Middle East Blockchain IoT Conference, “In recent years, the world has faced not only a global pandemic, but also global hyperinflation. If we analyze the history of Soldo, we can say that this coin has long been the main one not only in Europe, but also in Asia, and its importance, in many ways, predetermined the development of financial systems not only in Rome, but also in other countries. The main idea in this context is to increase the reinforcement and confidence in a particular currency. It is the Soldo crypto project that acts here as an innovative tool that can not only stop global inflation, but also provide an unprecedented increase in cost. It is something that Constantine I could not even dream of: no matter how beautiful and stable Soldo was for the early Middle Ages, no matter how it was backed by gold, it could not grow and did not have such crazy potential as the modern crypto industry has.”

Historical background

At the end of the third century, the Roman Empire faced serious hyperinflation caused by the abundant production of denarius containing a minimal amount of silver. Emperor Constantine the First decides to create a new currency, fundamentally different from his predecessor, for the forgery of which meant severe punishment. The essence of the new Soldo coin was reduced to high quality and constant weight, which made it possible to exchange these coins for any other, as well as non-ferrous metals, primarily gold. In the modern sense, this acted as a kind of gold standard.

The name of the coin Soldo translated from Latin as “strong” or durable. So Soldo appeared in the western part of the empire in 314, and since 324 it has spread to the entire European state.

For reference

Soldo is one of the most ambitious decentralized and energy efficient virtual financial assets operating on the PoTS consensus protocol. Read more information about Soldo in the whitepaper.

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Boris Bataloff, Soldo
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Topic: Press release summary