TORONTO, 17 January 2019 (GLOBE NEWSWIRE) – Graph Blockchain Inc. ("Graphic" or "Company") (CSE: GBLC) is pleased to provide a summary of the results obtained through its IBM Global channel partner to date;
- Focusing on global logistics and management of the food supply chain, including the Canadian Ministry of Commerce and the Ministry of Agriculture for the blockchain-based breeding solution for the importation of Canadian beef
- Over $ 1.6 million CAD through IBM Global
- The contracts included high-profile multinational conglomerates, including the divisions of Samsung, LG, Hyundai, Hanwha and KB
- In discussions with the subsidiaries of these multinational companies for the next larger development contracts
"It was a milestone of growth for the company and an extraordinary company for a start-up technology company to be able to guarantee and maintain these contracts, especially in view of the 39. Macro Environment In 2019, we continue to focus on areas where our technology will allow our company's growth to scale rapidly and expect to offer value to our shareholders, "says Peter Kim, CEO of the Company.
About Graph Blockchain Inc.
The company develops business intelligence solutions and management of private blockchain data at the forefront and is a pure game in the technological space of the graphic database. Graph leverages its proprietary integration of the AgensGraph database engine with the IBM Hyperledger Fabric to create a transparent and immutable ledger with transactional data processing almost in real time and intuitive data visualization. The company's uniquely unique solution has translated into a high growth trajectory, with the company protecting multiple prototype development contracts with multinational conglomerates and the opportunity to sell among the customer branches as a complete business product.
More information on Graph Blockchain Inc. is available at the address: www.GraphBlockchain.com
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For more information, please contact:
Peter Kim – CEO Graph Blockchain Inc.
Telephone: (416) 482-3282 est. 229
This press release contains "forward-looking information" pursuant to applicable securities laws. All statements contained herein that are not historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "could", "will", "expect", "probable", "should", "do", "plan", "anticipate", "I mean" , "potential", "proposed", "estimate", "belief" or the negative of these terms, or other similar words, grammatical expressions and variations thereof, or statements that certain events or conditions "may" or "will" happen , or from strategy discussions.
Readers are advised to carefully consider these and other factors, uncertainties and potential events and not to rely excessively on forward-looking information. This information may be incorrect and actual results may differ materially from those expected. The forecasts contained herein are made at the date of this press release and are based on convictions, estimates, expectations and opinions of management on the date that such forward-looking information is made. The forward-looking statements contained in this press release include, but are not limited to, statements related to the successful collaboration between the Company, Datametrex and LDCC regarding the creation of a blockchain solution for Canadian livestock, statements regarding internal expectations, expectations for the future collaboration, expectations for the revenues deriving from this collaboration, expectations regarding the development of the solution or successful implementation of the solution for use in the livestock sector, among others. There can be no guarantee that the blockchain solution will be successfully developed by the parties or adopted in the sector.
The forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the expectations of the Company from the date of this document and are subject to subsequent changes. The Company undertakes no obligation to update or revise the forward-looking information, either as a result of new information, estimates or opinions, future events or results or otherwise or to explain any substantial differences between subsequent actual events and such forward-looking information except as required by the applicable law.