Kul Tech Group makes significant progress in the Web3 room. On May 1, it was added to the ETF of Bitcoin Adopters of the newly launched Hall. The new ETF offers investors direct contact with companies that take the Bitcoin Treasury Company.
Last year, December 4, 2024, up to 90%of the space reserves in Bitcoin, the company, space and protective function. To date, Kulr has acquired 668 BTC.
This decision marked an important shift in the Kulri financial strategy – Bitcoin positioning in its treasury program as the primary asset.
He has now announced the new Blockchain-based supply chain initiative in his next important course.
Kulr starts his blockchain
Official press release And the company Tweet, Kulr, revealed that it would take the product to the general ledger scattered from the centralized software to monitor the product and control the custody. This helps the company to register for each stock unit Remplik and a timeline entered in a private chip chain.
The company notes that “the decentralization of the stock monitoring system in the chip circuit provides advanced transparency, security and real -time visibility throughout the supply chain”.
The US list company has also revealed that one of the first logs logged in is Kuli NASA Wi-37A-certified lithium-ion batteries.
They are now kept in the chain with space and space applications so that future users can control performance and compliance.
Today, we announce the launch of the supply chain initiative secured by the chain chain to protect our product.
The decentralization of our stock tracking system on Blockchain offers advanced transparency, security and real -time visibility throughout the supply chain. pic.twitter.com/hkhncoqmhx
– Kulr Technology (@kulrtech) 1. May 2025
A new block chain built on Coinbase base
Kulr has built a chip chain-meterum power network in the coinbase-2 (L2) Base-2 (L2) Base Base Base Base.
This option uses a public block chain infrastructure (coinbase base) for security and scale. This still keeps the network of the grid under control.
Under the new system, the company represents each battery or part of the block chain as a non -distributed sign (NFT).
Each symbolic metadata – including test results, manufacturing details and certification data – are wonderfully recorded.
When a customer buys a battery, it can be transferred to the buyer's chain wallet or send the “Burn” wallet to the company to signal the transfer of ownership.
In order to get wholesale orders, Kulr sets special customer wallets to cross many NFTs at once.
Internally, the company has built a customized user interface related to the crypted gold -owned wallets. This dashboard would allow employees to monitor stocks and token in real time.
Influence of markets and investor
Market reaction to the company's block chain announcement has been cautiously positive.
On Friday, one day after the inclusion of ETF, the chip chain and Gallcale, Kulur closed $ 1.33 on May 2. This marks the growth of 4.72% compared to the closure of the previous day for $ 1.27.
The company has also hinted at more initiatives on the introduction of Blockchain and Bitcoin.
Kurl's CEO has said: “Dear Gray scaleBitcoin adopters ETF. Evaluate recognition as we continue to build Kulr tech Space, protection, AI and Bitcoin intersection to a category defining company. ”
Thus, Kulr is likely to draw the attention of both the energy sector investors and digital property enthusiasts in the near future.
Read also: Bitcoin price up to $ 1 million prediction
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