TORONTO, June 27, 2019 (GLOBE NEWSWIRE) -- Graph Blockchain Inc. ("Graph" or "Company") (CSE: GBLC) is pleased to announce that the Company has secured a pilot contract for Korea Post through its in country partner, and partnered with Korea Telecom (KT). The contract is for approximately $60,000 CAD and is a pilot project to store data on Graph Blockchain private blockchain to ensure the security and privacy of information.
“We are thrilled to work with Korea Telecom in securing this pilot program with Korea Post. Although small in dollar amount, this pilot contract demonstrates the interest from large institutions to adopt private blockchain solutions. We are very encouraged by these contract wins and look forward to building on them.” Says Jeff 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 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 prototype development 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 – CEO
Email: jstevens@graphblockchain.com
Forward Looking Statements
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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.