‘Mine And Drive VMS Groundbreaking Tech Allows Commuters To Make Bitcoin While On The Road
Navy America Inc. (CEO Andy Park) has signed a multi-million dollar deal to bring its innovative technology that allows users to spend cryptocurrencies while driving to Korea.
On the 21st, the Californian company held an event at the Oxford Palace Hotel to celebrate its "second anniversary and end of contract agreement". The event was attended by more than 200 people, including VMS directors and business professionals.
VMS, Vehicle Mining System, is an innovative system that uses excess energy generated while driving to power a mining computer installed in a vehicle. Last month, VMS received a patent for the system from the Korean Patent Office and further expanded its presence in the cryptocurrency market by signing a multi-million dollar deal with K-VMS.
Opening the event, CEO Andy Park expressed hope that “the electric vehicle market will continue to grow and this will maintain user participation. He also showed a sample house for a solar mining system and a table equipped with a Bitcoin mining computer.
Park Technology described it as a breakthrough that could solve the common problems of Bitcoin mining, such as high energy consumption, lack of space, loss and theft, by integrating it into cryptocurrency mining and "the application". "From mining computers to VMS, they stand out from other companies that focus on price gouging." Andy Park received a bachelor's degree in computer science and cyber security (cryptography) from the Korea Advanced Institute of Science and Technology (KAIST).
He added that the company is currently expanding its reach worldwide, filing patent applications in the US, as well as Vietnam, Japan and Europe. Additionally, this month VMS America received a patent and signed a distribution agreement in Indonesia. The company announced plans to list shares on the NASDAQ stock exchange in the first half of next year and to open VMS subsidiaries in South Korea and Vietnam this month. Park shared its goal of increasing global services and market share and "has the technology to enable VMS to be installed in vehicles."
"VMS Coin" issued by VMS is gaining credibility in the cryptocurrency market. In 2022, it was registered on international cryptocurrency exchanges LBANK, FOBLGATE, MEXC, DIGIFINEX, COINDEX and VICTORIA EX. Recently, BITFOREX received its index on the global exchange platform. "As the use and adoption of Bitcoin increases, holding even a few bitcoins can act as a safe annuity to offset financial pressures caused by wars, economic crises and epidemics," Park emphasized, adding that "the goal is to ensure consistent delivery." Not profit from the market, but interest and value through cryptocurrency.
NAVY AMERICA INC.
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Contact information: info@vmscoin.com / 425.535.0135.
