Generative Data Intelligence

Tag: Switch

The Electric Revolution: EV Sales Doubled in 2021 and Are Surging This Year Too

electric car charging station EVs
Electric vehicles (EVs) will play a crucial role in decarbonizing our transport systems and helping us avoid the worst effects of climate change. The latest figures suggest they are making major inroads into the automotive industry after sales of plug-in electric vehicles nearly doubled in 2021. While battery-powered cars broke into the mainstream almost a […]

MetaMask is the Gateway to Blockchain Apps: Here’s The Defiant Primer

This primer on MetaMask covers all the basics.

Toyota Develops Storage Module Utilizing Resin High-Pressure Hydrogen Tanks

Toyota City, Japan, Mar 15, 2022 - (JCN Newswire) - Toyota Motor Corporation (Toyota) announced today that it has developed a hydrogen storage module that integrates multiple resin high-pressure hydrogen tanks at 70 MPa for automobiles--already proven in the "Mirai" fuel cell vehicle (FCEV)--and safety devices such as a hydrogen detector and an automatic shut-off switch. Toyota will be exhibiting a conceptual model of this module at the FC Expo (International Hydrogen & Fuel Cell Expo) held at Tokyo Big Sight (Koto-ku, Tokyo) from March 16 to 18.

Illustration of the hydrogen storage module conceptual model

In connection to this module development, Toyota will also continue with verification of transport safety and hydrogen storage quantity utilizing the agile development site of a race, etc. in the same way as last year. This year as well, verification will start with the Super Taikyu Race in Suzuka, to be held from March 19 to 20.

Background of module development

Toyota has been working on initiatives toward realizing a hydrogen-based society, such as the sale of FCEVs and FC systems. As part of this, the 70 MPa resin high-pressure hydrogen tank developed for automobiles is now the subject of numerous requests from those who would like to use it in railways, shipping, and port cargo handling, as well as FC generators. However, using the same tanks in various fields requires meeting different safety standards and adjusting to each environment. For this reason, they are not currently used for a wide range of purposes. The government is working on a range of studies to promote the early adoption of hydrogen while ensuring safety, and Toyota and its business partners are ready to offer cooperation and support. Toyota developed this hydrogen storage module as a way to answer these demands and expand the use of hydrogen.

Initiatives to promote the use of high-pressure hydrogen tanks

Starting last year, Toyota has been carrying out repeated verification testing with its business partners throughout the whole phases of producing, transporting, and using at the Super Taikyu Series venue, a place for agile development that embodies the idea of "making ever-better motorsports-bred cars." This is also connected to the development of this conceptual model. This year too, starting with the Super Taikyu Race in Suzuka (March 19 to 20), Toyota will be working on connecting with new business partners and carrying out verification testing with the idea of expanding hydrogen use even further.

This race will be used to verify the transport of large amounts of hydrogen by an FC truck that will carry resin high-pressure hydrogen tanks for automobiles with large volumes (2 sets of 16-tank packages) filled at 45 MPa.

This verification will be implemented upon the certification of the vessels by the Ministry of Economy, Trade, and Industry, and is an initiative that will also contribute to the studies being carried out by the Ministry of Land, Infrastructure, Transport, and Tourism for encouraging the use of hydrogen. In keeping pace with studies by the government, Toyota will continue to use opportunities such as the Super Taikyu races to verify its capabilities in utilizing the 70 MPa which is certified only for use in automobiles.

Features of the hydrogen storage module conceptual model

In addition to the three variations of hydrogen capacity based on the resin high-pressure hydrogen tank used in the Mirai, large modules that use tanks with enlarged capacities are also included in the lineup.

Feature 1Storing and transporting hydrogen

The module unit, which packages safety-assured resin hydrogen tanks for use in automobiles, is integrated with various safety devices that automatically monitor operation status to ensure the module is extremely safe. As storing and transporting hydrogen more safely and efficiently can be done through high-capacity hydrogen loads, it is possible to use hydrogen-based energy in a range of locations where hydrogen filling is difficult, such as ports or mountain areas.

Feature 2Using hydrogen

When using hydrogen as a fuel for FC products, in combination with the FC system module released by Toyota in March 2021, allows safe and easy use in a range of fields, including mobility such as trains and ships in addition to trucks and buses, port cargo handling, and FC generators.

For further details, refer to the link. https://www.toyota.co.jp/fuelcells/en/index.html


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comToyota Motor Corporation announced today that it has developed a hydrogen storage module that integrates multiple resin high-pressure hydrogen tanks at 70 MPa for automobiles--already proven in the "Mirai" fuel cell vehicle (FCEV)--and safety devices such as a hydrogen detector and an automatic shut-off switch.

How Much Does It Cost To Develop Mobile Apps For Smart Home Automation?

How Much Does It Cost To Develop Mobile Apps For Smart Home Automation? Nowadays, smartphones are not only useful for communication purposes, but mobiles are also useful for online shopping, e-learning, online meeting, gaming, etc....

Asian Firms Are Quick to Embrace Zero Trust Security Framework, Okta Survey Says

Over the past year, organisations in Asia have embraced the zero trust security framework at a fast pace, recognising the need to upgrade their IT security strategy to address the

The post Asian Firms Are Quick to Embrace Zero Trust Security Framework, Okta Survey Says appeared first on Fintech Singapore.

Ethereum’s Final Tesnet Went Public: Will The Merge Be Here Soon?

Ethereum

Ethereum seems to be totally committed to its plan this year as the full upgrade to Proof-of-Stake gets close. Marius van der Wijden, one of Ethereum’s core developers, announced in a post on March 10 that the final testnet had gone public. The testnet is a blockchain version that allows developers to experiment with new [...]

The post Ethereum’s Final Tesnet Went Public: Will The Merge Be Here Soon? appeared first on Blockonomi.

SunTec brought customer-centric approach from telco to fintech

Nanda Kumar's relationship-based pricing model with SunTec makes even more sense in today's era of hyper-personalization.

The post SunTec brought customer-centric approach from telco to fintech appeared first on LendIt Fintech News.

CyBall Scholarship Philippines Guide

This is a guide for everyone who wants to start their own Cyball scholarships, or if you are a scholar looking for a list of guilds offering Cyball scholarships.

The post CyBall Scholarship Philippines Guide appeared first on BitPinas.

OKX Exchange: Complete Rebranding Overview

OKEX or OKX, as they have recently rebranded to (more on that later), is a large cryptocurrency exchange and one of the OG’s in the crypto space established all the way back in 2016. Using its expertise in the spot market, OKX offers its users the opportunity to trade Futures, perpetual swaps and options markets. In […]

The post OKX Exchange: Complete Rebranding Overview appeared first on Coin Bureau.

Curve Protocol : Leading DEX for Stablecoins

Curve Protocol : Leading DEX for Stablecoins

USDC, USDT, BUSD, PAX, TrueUSD, and DAI are all examples of stablecoins that have recently gained popularity. They have an issue with price stability and liquidity (particularly decentralized stablecoins). When MakerDAO reduced its stability charge to 5.5 percent, many customers of Compound (which had an interest rate of 11 percent at the time) decided to stay because they had taken out a loan in DAI and changing DAI to USDC is a costly procedure.  At the same time, many DeFi users are eager to lend their stablecoins in exchange for a 5% APR, which is far higher than what traditional banking gives. Users would be hesitant to provide the same money to trading firms that guarantee profits. Curve Finance addresses the issue of lack of liquidity while trading Stablecoins and high costs.  Introduction Curve Finance uses liquidity pools and bonding curves to enable high-efficiency stablecoin trading and low-risk rewards for liquidity providers. When trading from one stablecoin to another on Curve, customers are not vulnerable to the price slippage on DEXs. Curve, unlike Uniswap, lends assets on Compound when they aren’t being traded and pays liquidity providers interest on those loans. Curve was created as an alternative to trading stablecoins on general-purpose DEXes like Uniswap, which have algorithms that aren’t designed for such transactions. Curve’s debut resulted in increased liquidity and more competitive prices for stablecoins. As interest rates in money markets changed, DeFi lenders might quickly and efficiently switch from  USDT to USDC or USDC to DAI etc. Curve is an Ethereum-based exchange liquidity pool. The Curve is built for incredibly efficient stablecoin trading and low-risk trading fees go to liquidity providers and veCRV holders. Curve currently offers over 40 distinct official liquidity pools, with the tricrypto2 (USDT / wBTC / WETH) and 3pool (DAI / USDC / USDT) being two of the most popular. However, it’s worth noting that pegged asset trading is still a big part of the market. CRV Token CRV is the Curve protocol’s governance token. It is primarily utilized to incentivize liquidity to the platform. The rise in capital benefits Curve users because it gives more trading liquidity and decreases slippage for end-users. Voting, staking, and raising rewards can be gained by using the CRV token. Users can participate in the community and can introduce or vote on proposals.  Depositors can obtain 50% of all trading fees generated by the protocol by staking their CRV tokens. Liquidity Providers can use boosting to increase their CRV awards by up to 2.5x. To access all of these features, token owners must lock their CRV in Curve for vote-escrowed CRV (veCRV) in exchange. The longer the CRV is locked in Curve, the more veCRV you received. For example, 1,000 CRV locked for a year produces 250 veCRV, but the exact amount locked for four years produces 1,000 veCRV. As a result, the longer the lock-up period, the greater the user’s voting power and incentives. This ensures that token holders are invested in the protocol’s long-term success. Curve Token Distribution The following groups received CRV tokens as part of the initial token distribution: 61% to pre-CRV liquidity providers with a one-year vesting period; 30% to shareholders (founders and investors) with a 2-4-year vesting period; 3% to team members with a two-year vesting period; and 5% to the community reserve. The remaining 57 % of the overall maximum supply will be given in stages to future liquidity providers as incentives. Despite the original supply of 1.3 billion, the effective circulating quantity of CRV was zero at launch, due to vesting schedules. Based on this timeline, the inflation of released CRV is expected to be large in the next few years. Only 11.2 percent of the supply is in circulation as of March 10, but that number is expected to rise to 3.37 billion in five years. How to Trade on Curve DEX? Similar to most DeFi applications, you have to allow Curve protocol on your wallet to interact with your DAI or USDC balance before you can trade. Select the asset you’d want to convert (for example, USDC) and the amount (for example, 1,000) on the exchange; the exchange rate and quantity you’ll receive (including all slippage and costs) will be displayed. Curve’s value is in its ability to surprise you with its exchange rate.  Fees Currently, all pools have a 0.04 percent fee, 50% of which goes entirely to liquidity providers and 50% to veCRV holders. There is no charge for administration. DAO members have power to determine fees and pool specifications. What are Liquidity Pools? Liquidity pools are a type of smart contract that contains a pool of tokens. If you were to make a pool of DAI and USDC, one DAI would equal one USDC. You would have the same number of tokens in the pool, … Continued

The post Curve Protocol : Leading DEX for Stablecoins appeared first on Cryptoknowmics-Crypto News and Media Platform.

Market Wrap: Stocks, Cryptos Fall as US Looks For New Ways to Punish Putin

President Joe Biden

Biden announced plans among the US, European Union and G7 nations to remove Russia's trade status, deepening the economic burden on the country

The post Market Wrap: Stocks, Cryptos Fall as US Looks For New Ways to Punish Putin appeared first on Blockworks.

Stripe 🤝 Crypto

March 11, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ The US Department of Labor urged “extreme care” for fiduciaries considering[...]

The post Stripe 🤝 Crypto appeared first on Unchained Podcast.

Latest Intelligence

spot_img
spot_img
spot_img

Chat with us

Hi there! How can I help you?