Now is the time that the merging of technologies makes it possible to make a real impact and benefit to our planet.
Power generation from Thorium technology combined with blockchain technology seamlessly maximises the advances in both. What is created is transparency and openness for worldwide energy supply. This will revolutionize the way energy works in the world and set the scene for many hundreds of years to come.
It can be done. It has been done before. We are doing it again.
In the words of Professor James P. Case, we are playing an infinite game with this project. Yes, we have goals and short term targets and objectives however the long term outcome from the project is intended to outlive all of us. Our children’s, children’s, children and on and on, must continue to see the benefits of the Thorium Network.
The results of our work will disrupt several established industries, but the final outcome will be the establishment of many more, cleaner, safer ones, and a cleaner, safer, greener Planet Earth.
"It came as a surprise to me to learn recently  that such an alternative has been available to us since World War II , but not pursued because it lacked weapons applications"Victor J. Stenger , PhD Physics , b.1935 – d.2014
A properly configured machine that burns Thorium called a Molten Salt Burner, or MSB:
Here’s some more you probably didn’t know. Thorium is so good at making energy:
The numbers speak for themselves: Thorium molten salt technology is way better than any thing else. And it's been done before.
Molten salt technology can also be used to burn all the spent nuclear fuel left over from old nuclear reactors. Without molten salt burners, this old waste is a very dangerous, very expensive, and very long-term 100,000 year problem from the existing, aging uranium-based power stations around the world today.
In an MSB this dangerous waste can be burned, with the “ashes” only needing to be stored for a mere 300 years.
Thorium technology was proven in the 1960’s but it was abandoned because it can’t be used to make nuclear weapons like uranium can.
In summary, using Thorium as an energy source is the no-brainer for the world’s power production.
So who in the world cares about Thorium as an energy source? Well there are lots of people:
china is investing USD 3.3 billion to build two motlen salt burners by 2024. The programme started in 2011 with a team of over 700 engineers.
russia is doing it with Rosatom and at the Kurchatov Institute. The Kurchatov institute already did a lot of Thorium development work in the 1970’s – almost 50 years ago.
india is building a 300 MW burner.
turkey announced that it would build the technology.
Around 50 designs are presently being developed around the world and three are known to be under construction. These are some of the companies working on them:
Our CEO Jeremiah Josey explaining the project.
Here’s a great video by Joe Scott describing the key concepts of Thorium.
We are not building a Molten Salt Burner (MSB) with this project. Instead we are building the world’s first fuel management system based on blockchain technology. This provides transparency and openness to the fuel needed for the Thorium molten salt technology.
Using blockchain technology we are putting the Thorium energy system into the public space, forever. Providing a marketplace for energy generation, fuel management, and transparency never before seen in such a closed and secret industry as nuclear.
Fire needed wood. Steam needed coal. Car engines need oil and power turbines need gas. Supplying fuel has always been at least a big a business as building the machines that use it. Large states like China, Russia, and India can produce their own fuel supply chains. But the private startups in Europe and North America will not have the same economies of scale. A specialist fuel supply chain will be of great importance to them.
All the private companies working on molten salt technolgy, as well as government research laboratories around the world, need access to low cost reliable, traceable, transparent Thorium based fuel.
Our blockchain project will provide the world community a way to contribute to nuclear energy in a way they have never been able to contribute before. The world will also be able to monitor and observe the movement of fuel as it is produced, mixed, sorted, transported, burned, and recycled for all Thorium that is on the blockchain.
You can support the project now by buying tokens in the presale and enable your benefit, both financially and morally from the project.register your interest
Imagine having worked on a global energy solution 60 years ago and then seeing the world talk about various solutions without getting the problem solved.
Syd doesn't believe Earth is in danger, rather he is afraid that humanity is. He argues this is due to climate change and pollution. Syd, who worked on Molten Salt technology at Oak Ridge national Laboratory (ORNL) in the 1960s, tells the unique story of how he looks at the past, present and future in this video captured at the Thorium Energy Conference in Brussels, October 2018.
As the world struggles with climate change, China correctly places its trust in the fuel Thorium and the Thorium Molten Salt Burner (TMSB) as the backbone of its nation's plan to become a clean and cheap energy powerhouse.