Graph Blockchain Inc. (CSE: GBLC) ("Graph" or the "Company") is pleased to receive a blockchain contract from Rainbow Soft, worth CDN $100,000 (the "PO") to provide blockchain proof of concept ("POC") framework for Business Intelligence and Basic Function on the Company's cloud based BlockBed modular platform.
The Company will provide the following as part of the PO:
Business Intelligence
Reporting
Big-scaled Deployment & BI
Collaborative Analysis
Basic Function
System Logging, Log component, Ingestion & Analysis, and Data management
Data Extraction Framework. Direct-To-Store, Direct-To-Stream, Store-And-Forward, Schedule-based Flow, and Real time Flow
System Network View, Transaction Flow View, and Analytics View
Load, Fault, Delay, Utilization, and Spatial
Customizable Analytics Service/Reporting
BlockBed technology uses blockchain to ensure the safe, legal, and authenticated flow of information combined with Graph's database to scale business and increase control and enhance speed of a network based on Enterprise Resource Planning ("ERP") that can track orders, payments, accounts, production, analytics, and transaction flow.
"I'm excited to announce this purchase order. We will take careful measures to reinforce cost effectiveness and use our relationships to drive revenue with blockchain partners with significant tech companies in the future," stated Graph CEO Andrew Ryu.
About Graph Blockchain Inc.
The Company is a blockchain development company that provides high performance blockchain unified secured solutions that include graphic data analysis and consulting services, implementation of data mining analysis through the use of graph databases and speed enhancements of blockchain control systems for businesses and government. This includes the medical industry, including the provision of solutions to provide secure and managed e-commerce blockchain enabled transactions on the companies BluStem Wellness Platform.
For additional information regarding Graph Blockchain technologies and other corporate information, please visit the Company's website at www.graphblockchain.com
For further information, please contact:
Jamie Hyland Phone :604.442.2425 Email : jamie@graphblockchain.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider have reviewed or accept responsibility for the adequacy or accuracy of this release.
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 the proposed Acquisition and the Financing. 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.