A new high tech city is in the works. The city will be built by Blockchains LLC CEO, Jeffry Berns. Berns reportedly purchased 67,000 acres of desert land in Nevada for 170 million dollars, this year in order bring his vision into life. The acquisition will enable him to build a new kind business and residential community. According to Blockchains LLC, the smart city will integrate 4th industrial revolution technologies. A statement from the ambitious company read; “The planned city will encompass, among other projects, a highly-secured, high-tech park that join blockchain technology with artificial intelligence (AI), 3D printing and nanotechnology; residential units that will provide a new living environment to thousands; and various financial, business and retail concepts that will take advantage of emerging technologies”
A New York Times article dubbed “A cryptocurrency millionaire wants to build a Utopia in Nevada” by Nathaniel Popper, went on to describe Jeffry Bern’s dream and vision for the smart community like this; “He (Jeffry Berns) imagines a sort of experimental community spread over about a hundred square miles, where houses, schools, commercial districts and production studios will be built. The centerpiece of this giant project will be the blockchain; a new kind of database that was introduced by Bitcoin” Bern’s vision has been lauded and has also received a lot of support by local officials eager to see some local development in the area.
A report by Nathaniel Popper released last month indicated that Berns had been present in a panel that featured Tesla CEO Elon Musk and Nevada Governor, Brian Sandoval, where the Governor read a proclamation that named the new Blockchains LLC property, an “innovation park”. Construction works on the land are slated to begin next year as soon as the master plan is in place and fully approved by the county. On November 1, Blockchains, LLC and NV Energy put pen to paper on a deal that will see them collaborate in energy projects that will be powered by blockchain technology.
According to press release, the shared vision of the two companies will pilot concepts that put the consumer in control of energy creation, storage, consumption, and transactions. Berns declared at the signing of the agreement with NV Energy that the project had the potential of providing energy for 1.3 million customers in Nevada.