Blockchain giant Sino United Worldwide Consolidated (SUIC) has entered into an agreement with InnoTAD Group Singapore to help clean the air surrounding internal combustion engines.
The new joint-venture will further the research and development and marketing of the InnoTAD Emission Reducer (iER), as well as adopt Blockchain technology in the auto industry. Blockchain is a secure record keeping system that makes modification of the data’s history impossible.
The patent-pending iER is a product designed to tackle vehicle emissions from gasoline and diesel engines. Vigorously tested since 2015, the iER has shown to reduce carbon dioxide and Nitrogen oxide (NOx) emissions in used vehicles, reportedly improving fuel savings by as much as 39.9% and reducing NOx emissions in diesel engines by up to 97%.
The company claims the device, which is connected to the air filter, providing charged air to improve fuel burning in the combustion chamber, can achieve a 99% reduction in emissions. Side effects include increased power and torque, and reduced engine noise, claims InnoTAD (a technology company based in Singapore).
InnoTAD has secured distributors in the US, Middle East, Africa, Europe, India, China and other Asian countries, and is currently working on securing government and big-corporation contracts. That’s where the joint venture with SUIC is pay dividends.
The partners pledge to work to apply Big Data analytics to promote environmental protection and mitigate carbon emissions and air pollution.