RATE Group | ALYI $100 Million Funding Partner Partitions Cryptocurrency on Ethereum Blockchain
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ALYI $100 Million Funding Partner Partitions Cryptocurrency on Ethereum Blockchain

11 Mar ALYI $100 Million Funding Partner Partitions Cryptocurrency on Ethereum Blockchain

Posted at 14:49h in Cryptocurrency News by

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DALLAS, March 11, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today confirmed a funding milestone published yesterday in a management update to inform shareholders of recent substantial progress advancing the company toward the rollout of its electric vehicle solution in Africa. The update yesterday also sheds new light on the company’s overall business plan by presenting new context surrounding the company’s strategy and objectives. The update is included again here in its entirety below.

Management Update

ALYI entered the electricity storage sector in the summer of 2017 when it acquired a patent portfolio of innovative lithium battery technologies and appointed a new management team. ALYI adopted a strategy of exploring various electricity storage applications for its portfolio of lithium battery technologies. The strategy emphasized building partnerships with other organizations pursuing objectives that could benefit from ALYI’s technology portfolio. ALYI…

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