Blockchains Firm Planning To Build ‘Smart City’ Buys Slock.IT

June 3, 2019

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The German firm is being acquired by Blockchains, LLC, a Nevada company that bought more than 67,000 acres of desert land last year to build what it calls a “blockchain-based smart city.” The deal will help Blockchains “fast forward” its plans to marry theoretical uses of blockchain technology with real-world applications, President David Berns said in an interview.