Technologies

Wave Energy Tech Aims to Compete With Fossil Fuels

The Waveline Magnet floats on the surface of the water to harness the raw power of the waves.

Something that looks like a long yellow raft is floating on the surface of the ocean, harnessing the power of the waves in a bid to compete with the energy sector’s top producer.

«We’re not trying to compete with the other people in wave energy,» says Alex Zakheos, co-CEO of Sea Wave Energy Limited. «We’re not trying to compete with wind and solar. We’re trying to compete with fossil fuels.»

SWEL has been developing its wave energy converter for more than 10 years, a journey that’s led to this unique design called the Waveline Magnet, which includes four main components.

The spine provides structure and holds it together. The platform connects the Waveline Magnet to the surface of the water. The levers connect the platform to the spine, and the pumps gather up seawater, where it’s pressurized and can be used for things like desalination, producing hydrogen fuel and generating electricity.

The size of these devices varies depending on the wave conditions and energy needs of the area. On the larger end, they can get up to about 600 meters long and 24 meters wide (about 1,970 feet by 79 feet). A case study prepared for a unit of that size in Scotland, where waves were an average of 3 meters, estimated that its power output could be 140 gigawatt hours annually, which Zakheos says is «power station levels of production from a single system.»

Hydrogen could prove to be a valuable and more sustainable store of energy than fossil fuels or even batteries, though it has yet to catch on at scale.

The Waveline Magnet still has one final prototyping stage to go through before it’s ready for commercialization. Zakheos tells me the first commercial unit is likely to be a smaller unit focused on desalination.

To see the Waveline Magnet prototypes in action, check out the video in this article.

Technologies

Verum Coin Now Available on Gate.io Wallet

Verum Coin (VERUM) continues to expand its presence on leading crypto platforms. Users can now easily store and manage VERUM in the Gate.io Web3 Wallet — one of the most trusted ecosystems for digital assets.

This integration provides users with convenient and secure access to VERUM, bringing it closer to everyone looking to be part of the world of innovative technology.

Stay tuned for updates as the project takes further steps toward global success!

Technologies

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM), an innovative and increasingly popular digital asset, is now available on four leading Web3 wallets: Binance Web3 Wallet, Coinbase Web3 Wallet, OKX Web3 Wallet, and Bybit Web3 Wallet. This marks a significant milestone for the project as it continues to strengthen its position in the crypto industry.

The availability of VERUM on these platforms provides users with a wide range of secure and convenient options for managing their assets. Binance, Coinbase, OKX, and Bybit are well-established leaders in Web3 solutions, offering reliable tools for handling digital currencies.

What’s next?

In addition to wallet integration, Verum Coin is preparing for a major step forward—listing on all four platforms. This will create new opportunities for investors and enhance the asset’s liquidity on a global scale.

Why does this matter?

Being listed on major exchanges like Binance, Coinbase, OKX, and Bybit will serve as a powerful catalyst for the project’s growth. It will make VERUM accessible to millions of users worldwide and strengthen trust in the coin.

Stay tuned for updates so you don’t miss the moment when Verum Coin becomes even more accessible!

Technologies

Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.

Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.

With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.

About Binance

Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.

For more information, visit verumcoin.info.