Graph Blockchain Inc. ("
Graph" or
"
Company") (
CSE: GBLC) is pleased
to provide an update on operations and the previously announced
strategic review process.
The Company has been awarded a contract to provide blockchain
solutions for the Ministry of Transportation in Seoul Korea. The
solutions will focus on containing traffic and security camera data
and as a result will provide safe data storage and efficiencies for
the Ministry. The size of contract is approximately $80,000.
“The company continues to explore strategic opportunities that
will allow it to utilize its blockchain technology in new sectors.
The goal remains to diversify the company’s exposure and revenue
providing shareholders with reduced market risk,” says Jeffrey
Stevens, Interim CEO of the Company.
About Graph Blockchain Inc.
The Company develops leading-edge private
blockchain business intelligence and data management solutions.
Graph leverages its proprietary integration of the AgensGraph
Database engine with Hyperledger Fabric to create a transparent and
immutable ledger with near real-time transactional data processing
and intuitive data visualization.
Additional Information on the Company is
available at: www.graphblockchain.com
For further information, please
contact:
Jeffrey Stevens – Interim CEOPhone: (647)
777-7974Email: jstevens@graphblockchain.com
Forward Looking Statements
This news release contains "forward-looking
statements" within the meaning of applicable securities laws. All
statements contained herein that are not clearly historical in
nature may constitute forward-looking statements. In some cases,
forward-looking statements can be identified by words or phrases
such as "may", "will", "expect", "likely", "should", "would",
"plan", "anticipate", "intend", "potential", "proposed",
"estimate", "believe" or the negative of these terms, or other
similar words, expressions and grammatical variations thereof, or
statements that certain events or conditions "may" or "will"
happen, or by discussions of strategy. Readers are cautioned to
consider these and other factors, uncertainties and potential
events carefully and not to put undue reliance on forward-looking
statements. Such statements may prove to be incorrect and actual
results may differ materially from those anticipated.
Forward-looking statements contained in this
news release are expressly qualified by this cautionary statement
and reflect the Company’s expectations as of the date hereof and
are subject to change thereafter. The Company undertakes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, estimates or opinions,
future events or results or otherwise or to explain any material
difference between subsequent actual events and such
forward-looking information, except as required by applicable
law.
Graph Blockchain (CSE:GBLC)
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