Graph Blockchain in Discussions With Ministry of Trade and Agriculture
November 15 2018 - 7:00AM
Graph Blockchain Inc. (“
Graph” or
“
Company”) (
CSE: GBLC) is very
pleased to announce that in collaboration with Datametrex AI
Limited (“
Datametrex”,
TSXV: DM),
discussions have been held with senior officers of a multi-national
conglomerate in conjunction with Counsellors from the Canadian
Ministry of Trade and the Ministry of Agriculture, to provide
Blockchain logistics and Global Supply Chain Management solutions
in relation to Canadian beef importation.
In partnership with Datametrex, Graph was
invited to the Canadian Embassy in Seoul, Korea, to discuss
building supply chain management and logistics solutions,
leveraging Datametrex’s expertise in AI, in combination with
Graph’s high development proficiency of blockchain data management
and analytics platforms in the logistics and global trade
sector.
As reported in the Beef Quarterly Research
Report published by Rabobank in August 2018 (click here), North
Asia, and more specifically Japan and South Korea, have been
increasing their beef imports over the past year, with the highest
rise in imports since 2002. With global concerns arising over
Bovine Spongiform Encephalopathy (BSE), commonly known as mad cow
disease, a major point and condition of the parties involved in the
meeting was the quality assurance of imported beef. In
addition, the blockchain based solutions will include development
of reporting and auditing systems for tracking and tracing, quality
control, delivery, payments, and quotas.
“The successive wins building prototype’s for
multi-nationals has helped us reach this otherwise hard to attain
opportunity. We’re excited to be a part of the expert teams
leading this initiative in collaboration with Datametrex, and we
look forward to seeing what other doors this opens,” says Peter
Kim, CEO of the Company.
“This represents a fantastic opportunity
for both Datametrex and Graph as both companies will work
together to provide the solution and integration of this innovative
platform. We are thrilled to work with the Canadian
Governments and their embassy representatives on a solution that
will help position Canadian farmers for expansion into new
markets,” says Andrew Ryu, Chairman and CEO of
Datametrex.
About Graph Blockchain Inc.
The Company develops leading-edge private
blockchain business intelligence and data management solutions and
is a pure play in the graph database technology space. Graph
leverages their proprietary integration of the AgensGraph Database
engine with IBM’s Hyperledger Fabric to create a transparent and
immutable ledger with near real-time transactional data processing
and intuitive data visualization. The Company’s powerfully unique
solution has translated into a high growth trajectory, with the
company securing multiple prototype development contracts with
multi-national conglomerates, and the opportunity to sell across
client subsidiaries as a full enterprise product.
Additional information on Graph
Blockchain Inc. is available at:
www.GraphBlockchain.com
About Datametrex AI Limited
Datametrex AI Limited is a technology focused company with
exposure to four exciting verticals. Big Data, collecting data from
retail point of sales environments. Artificial Intelligence and
Machine Learning through its wholly owned subsidiary, Nexalogy
(www.nexalogy.com). Industrial scale Cryptocurrency Mining through
its wholly owned subsidiary, Ronin Blockchain Corp
(www.roninblockchain.com).
Additional information on Datametrex is available
at: www.datametrex.com
For further information, please
contact:
Peter Kim – CEO Graph Blockchain
Inc.Phone: (416) 482-3282 ext.
228Email: pkim@graphblockchain.com
Jeffrey Stevens – President & COO Datametrex
AI LimitedPhone: (647)
400-8494Email: jstevens@datametrex.com
Forward Looking Statements:
The information in this press release includes
certain information and statements about management's view of
future events, expectations, plans and prospects that constitute
forward looking statements. These statements are based upon
assumptions that are subject to significant risks and
uncertainties. Although the Company considers these
assumptions to be reasonable based on currently available
information, the same may prove to be incorrect, and the forward
looking statements in this press release are subject to numerous
risks, uncertainties and other factors that may cause future
results to differ materially from those expressed or implied in
such forward looking statements. Although the Company believes that
the expectations reflected in forward looking statements are
reasonable, no assurance can be given that the expectations of any
forward looking statements will prove to be correct. Except as
required by law, the Company disclaims any intention and assumes no
obligation to update or revise any forward looking statements to
reflect actual results, whether as a result of new information,
future events, changes in assumptions, changes in factors affecting
such forward looking statements or otherwise.
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