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Blockchain Holding Company and SG Blocks to Build Decentralized Data Centers

By | April 5, 2019
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Blockchain Holding Company and SG Blocks to Build Decentralized Data Centers

Blockchain Holdings Capital Ventures (BHCV) and designer of container-based solutions SG Blocks have announced a partnership to build low-cost, decentralized data centers to offer secure and affordable solutions for BHCV customers.

BHCV is a publicly-traded holding company specialized in acquiring cash flowing assets, such as commercial real estate, energy, and technology companies. In a press release (Apr 1), BHCV said the first prototype units are scheduled to be ready in the fourth quarter of 2019. Thereafter, it plans to set up a sales distribution channel to scale up production with an expected volume of 150 to 200 units by 2020.

“We’re proud to partner with Blockchain Holdings and begin working with them to create safe, durable data centers. The acceleration of data usage is creating a huge demand for new types of data centers, and is a natural extension of SG Blocks’ expertise,” said Paul Galvin, Chairman and CEO of SG Blocks.

SG Blocks specialize in buiding various things using repurposed shipping containers – from Starbucks outlets to private housing and retail outlets.

“We know SG Blocks will execute this to the highest level of quality and ensure our data centers are safe, secure structures – commanding the trust of our customers for years to come,” said Delray Wannemacher, Chairman and CEO of BHCV.

Apart from stationary data center containers, BHCV will also develop mobile data centers, which can be placed in remote areas in order to reduce energy costs. These mobile data centers allow BHCV to offer more flexible services with competitive pricing.

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