October 9, 2024

Holon Forms Strategic Partnership With ArcLive and Magma

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Holon formalize partnerships with ArcLive and Magma with MoU signings during the first day of Dubai AI & Web3 Festival.
Holon formalize partnerships with ArcLive and Magma. MoU signings during the first day of Dubai AI & Web3 Festival. Image Credit: - Holon

This week marked a significant signings for innovation and technology pioneer, Holon Global Investments Limited (Holon).

According to Industry sources, the first was with ArcLive Limited (ArcLive), to effectively deliver a joint solution to boost energy performance and sustainable data management for domestic and commercial premises.

Holon formalize partnerships with ArcLive and Magma with MoU signings during the first day of Dubai AI & Web3 Festival.
Holon formalizes partnerships with ArcLive and Magma with MoU signings during the first day of Dubai AI & Web3 Festival.

Launching this strategic and promising collaboration, Holon and ArcLive signed a Memorandum of Understanding (MoU) on the first day of the Dubai AI & Web3 Festival. Holon’s Managing Director Heath Behcncke and ArcLive’s Co-founder Nicholas Edwards were present to sign the agreement.

Industry sources added that this significant event displays the coming together of two innovative forces committed to sustainability and technological advancement. Holon, a reputed leader in green, verifiable distributed data storage and computing, operates energy-efficient, immersion-cooled edge data centers powered by renewable energy sources. Utilizing blockchain technology, Holon offers strong governance over the data stored in its systems, ensuring security and sustainability.

Industry sources added that ArcLive specializes in the collection, storage, collation, analysis, and presentation of real-time data from various premises and buildings. By leveraging sensors and other hardware, ArcLive collects performance data to help customers analyze and improve the energy efficiency of their buildings.

This joint solution enables regulatory compliance with sustainable finance objectives and helps property owners and their lending banks achieve their decarbonization targets, all while being powered by green energy.

Strategic partnership agreement: Holon and Magma

Magma – a platform that integrates 3D modeling with blockchain technology to enhance collaboration in real estate – is entering a strategic collaboration with Holon to explore opportunities in decentralized data storage, tokenization of real estate assets, and the integration of blockchain technologies.

To formalize the partnership, Holon’s Managing Director, Heath Behncke, and Magma’s Co-founder & CEO, Matthieu Merchadou, signed a Memorandum of Understanding (MoU) at the Dubai AI & Web3 Festival.

Industry sources further added that this marks a huget step forward in their joint commitment to innovation. Holon and Magma focus on developing the latest solutions that boosts data privacy, ownership, and energy efficiency in building management. By combining their expertise, both companies will focus on creating secure, sustainable, and efficient data management options for residential and commercial properties.

Both parties will explore partnerships within each other’s networks to identify and pursue new business opportunities and joint projects that align with their shared vision of leveraging cutting-edge technology to address emerging challenges.

This partnership represents a key move towards advancing sustainable technology solutions in data storage, real estate, and blockchain applications.

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