Viper Networks, Inc. reported that the company is expanding into a strategic industry sector by creating a new division for their emerging Blockchain and Crypto Mining Technologies Group. By adopting fast-emerging powerful technologies that can strengthen the Company's core technologies, products and services within the LED industry, Viper Networks is pursuing future success far beyond a single sector leadership position. The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. Originally devised for the digital currency, Bitcoin, the tech community is now finding other potential uses for the technology. By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet in that it has a built-in robustness. However, by storing blocks of information that are identical across its network, the blockchain cannot be controlled by any single entity and has no single point of failure. Further, no centralized version of this information exists for a hacker to corrupt. Crypto Mining is a sector that the Company has been actively exploring due to the large amount of energy required to fuel the mining technology, which dovetails perfectly with Viper Networks Energy division to deliver low cost energy solutions. Bitcoin's surge in price has sent its electricity consumption soaring.