Fleming Island, FL , March 18, 2021 (GLOBE NEWSWIRE) -- OBITX, Inc., (OTCMKTS: OBTX), an advanced software development and services company specializing in blockchain technologies and decentralized processing, announced today it was selected by Green Technology and Engineering, Inc., for the development of their proprietary, closed network, blockchain software. Under terms of the agreement OBITX received $240,000 as prepayment for the services, the contract minimum.
Mr. Jaffe, OBITX Chief Executive Officer stated, “We have hit the ground running! The leg work from our team prior to my arrival this past week, on this project was stupendous. The skill set and vision of our staff in seeking out synergistic clients looking for solutions that match with our business operations and strategy is incredible. I am confident this is just the first of many more to come!”
Mr. Adams, OBITX Chief Technology Officer went on to state, “The future of blockchain is now, and its not only affecting the banking industry with cryptocurrencies. What began as the basis for cryptocurrencies, is essentially becoming the next generation of virtual ledgers capable of recording and verifying a high volume of digital transactions and is spreading across a wave of industries. In the next few years we will begin seeing multiple blockchain uses that stem far beyond the financial markets. We believe our team is ready to meet this challenge and is well positioned for additional work and contracts.”
The OBITX development and advisory team will begin immediately working with Green Technology & Engineering on identifying system requirements. OBITX expects to be working on this project over the course of the next 12 months.
About OBITX:
Headquartered in Fleming Island, Florida, OBITX, Inc., (OTCQB: OBTX) is a development, consulting and services organization specializing in blockchain technologies and decentralized processing.
Forward Looking Statements
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