Graph Blockchain Establishes Distribution Agreement for Automotive Parts Industry
24 Avril 2019 - 1:00PM
Graph Blockchain Inc. ("
Graph" or
"
Company")
(CSE: GBLC) is pleased
to announce that the Company has entered into a distribution
agreement for its logistics blockchain solutions with We & I Co
Ltd. (“
We & I”), a company offering solutions
and consulting to SME automotive parts companies.
“This is a great example of the benefit of
blockchain technology. We & I have clients in the Automotive
Parts Industry that are looking for a logistics solution to ensure
transparency and traceability of parts through transport to avoid
theft and to ensure that the Original Equipment Manufacturer (OEM)
parts are being used rather than in aftermarket. Graph’s team
pitched our logistics blockchain solution and we are pleased to
announce that after many meetings and demonstrations Graph has been
chosen to be one of the technology partners,” says Jeffrey Stevens,
CEO of the Company
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 its 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 has secured multiple
contracts with multi-national conglomerates and sells across client
subsidiaries as a full enterprise product.
Additional Information on the Company is
available at: www.graphblockchain.com
For further information, please
contact:
Jeffrey Stevens – CEOPhone: (647)
400-8494Email: jstevens@graphblockchain.com
Forward Looking Statements
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statements contained herein that are not clearly historical in
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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.
The forward-looking statements contained herein,
including the timing of the Closing, the terms of the Transaction
and the receipt of regulatory approval, are made as of the date of
this press release and are based on the beliefs, estimates,
expectations and opinions of management on the date such
forward-looking statements are made.
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
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