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Below is our recent interview with Ramy Kamaneh, CEO at SDT Holdings:
Q: Could you provide our readers with a brief introduction to SDT Holdings?
A: SDT Holdings, Inc. is a Montreal-based industrial technology holding company that focuses on the development, production and commercialization of its four subsidiaries, specialized in these areas: mining electrification, cryptocurrencies / blockchain, industrial batteries, internet of things and artificial intelligence for the industrial market.
SDT is dedicated to supplying quality, innovative technologies and battery solutions for Material Handling Equipment (MHE) in the transport, mining, agricultural, Construction and earthmoving industries.
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Q: Why is money flow an issue in today’s world? How do you aim to solve it?
A: Money flow is an issue because we have centralization. Contracts, transactions and the records of each, are among the defining structures of our legal, economic and political systems. They protect asset identities and set organizational boundaries, and govern interactions among nations, organizations, communities and individuals.
BUT…
In this digital age, this makes our society a mere slave to such an inefficient and inconvenient system. When it comes to managing and passing currency using big banks, institutions and credit unions, it can be extremely time consuming to transfer money, sometimes it even gets lost, fees are high, there is a risk of fraud and a lack of access.
Better money flow becomes possible through decentralization. Through the adoption of blockchain, we can imagine a world in which every agreement, every process, every task, and every payment has a digital record and signature that can be identified, validated, stored and shared. Protected from deletion, tampering and revision, the digital record and signature gives society full autonomy to send currencies fast all around the world – anytime.
Cryptocurrency adopters gain the flexibly to evade government corruption and economic downfall specific to their country, making users independent of their local currency. SDBT’s mining cryptocurrency operations are not only there to earn revenue and build assets, but also to fund the R&D of blockchain technologies in order to fast track utilization and adoption in the industrial market.
Q: What are the advantages of electric equipment over diesel engines?
A: We are devoted to reshaping the industrial market through the implementation of sustainable development technology that includes battery-powered MHE.
Simply put: diesel emissions in underground hard rock mining, the vast majority of machines run on diesel engines. These are known to have low energy efficiency that leads to high fossil fuel consumption, high heat emissions and greenhouse gases. According to mining regulations, an enormous amount of fresh air is needed to dilute emissions.
This leads to high ventilation expenses associated with rising electrical demands, which severely affects mining costs. And to make matters worse, evidence shows that exposure to greenhouse gases is linked to an increased risk of developing lung cancer (IARC 2012), thereby putting miners in health-compromising situations.
Electric equipment solution is the new advancement for the mining industry. SDMT’s mandate is to provide mining companies and OEMs the engineering to implement these new innovations while at the same time continuing R&D for future improvement.
Compared to internal combustion engines, the electric conversion of a mine can offer substantial advantages including better energy efficiency (1/6), no harmful gas emissions, fewer heat emissions (1/3), less maintenance time (no oil changes), decreased ventilation requirements, reduced operating costs, improved working environment (air quality) and reduced environmental impact.
The electrification of a mine is projected to offer $10-25 million in savings per year for a typical underground mine in Canada.
Q: What’s the vision that guides you?
A: SDT Holdings develops and brings to market pollution-reducing technologies that provide sustainable economic growth in environmentally responsible ways. Together, we build a new global connected and efficient industrial world through blockchain and other technologies for a better tomorrow.
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Q: What’s next for SDT Holdings? Do you have plans to grow, expand or diversify?
A: The first half of the year was spent on getting public. Now that this has been achieved, we are focusing for the remainder of the year on business development. We are on the verge of putting our next projects in operation. One of which is our first battery powered electric MHE, which will be available by year’s end.
Another project is the Alpha cell, designed for use by high voltage heavy-duty overweight electric battery-powered MHE, and we are currently in discussions with partners regarding the construction of the mega-factory.
The company develops batteries and MHE exclusively designed for harsh environments. These can be used for a wide range of operations across all industrial sectors.
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