SEATTLE, July 30, 2018 (GLOBE NEWSWIRE) -- DigitalTown (OTC:DGTW), a pioneer in the use of Blockchain-based Smart City technology and decentralized applications for cities, has been selected to tour with InnoSTARS in China to meet with investors and partners after winning the InnoSTARS Competition on Friday July 27, 2018 in Seattle.
The InnoSTARS Competition is a platform for innovative U.S. companies to pitch to and connect with investors and partners from China to make international connections, while getting real feedback in highly sought-after Chinese innovation hubs. DigitalTown will meet with industry-specific investors and partners with fund sizes larger than $50 million.
DigitalTown CEO, Robert Monster, comments: “This is another important endorsement of DigitalTown. On behalf of the entire team at DigitalTown, it is a great honor to be selected for the InnoSTARS Program. We look forward to touring China during the coming weeks. China leads the world on mobile payments and is leading the world on the development of integrated Super-Apps. DigitalTown is bringing the Super-App model to the rest of the world, and on the Blockchain.”
DigitalTown CTO, Mike Cartwright, adds: “It is indeed a privilege to be selected by InnoSTARS to meet with investors and partners in China. The standard of the pitch event in Seattle was exceptional. To be selected to advance from the Seattle preliminary InnoSTARS competition is testimony to the quality, purpose and impact of the DigitalTown platform. The DigitalTown SmartWallet has the potential to revolutionize how we connect, transact and interact not only locally, but globally.”
DigitalTown has a mission to deliver its Blockchain-based technology to every town, city and village in the world. Adoption is already underway in Central Texas. DigitalTown is also among the first publicly listed companies to fully adopt Blockchain. Via its global cloud-hosted platform and decentralized applications, DigitalTown provides a turnkey solution of ‘a digital city in a box’ making it easy and convenient for cities to adopt the platform without investing in expensive customized systems. Designed to create more resilient and equitable local economies, the DigitalTown platform grants users the opportunity to create an interoperable, single, self-sovereign digital identity and offers Single Sign On for all DigitalTown services.
DigitalTown’s ecosystem comprises localized search engine, local ownership via CityShares, a free SmartWallet for payments, and community collaboration platforms, all combined to support local communities. With the introduction of the technology to any city, town or village in the world, each community gains a local-first platform designed to keep more revenue in local economies to build resilient, sustainable and equitable communities.
About DigitalTown
DigitalTown, Inc. (DGTW) powers Smart Cities to succeed in the Digital Age. It provides turn-key hosted solutions to power "Digital Towns", which improve Quality of Life for residents and visitors through locally owned solutions for economic development, civic engagement and digital inclusion for cities around the world. You can download the DigitalTown App from the App Store, or visit one of our many city sites such as SanAntonio.City and Austin.City to see how DigitalTown is creating value for cities around the world. DigitalTown is the first public company to fully adopt the blockchain.
Contact
Rob Monster, Chief Executive Officer
+1-425-295-4564; rob@digitaltown.com
Karen Floyd, Chief Brand Officer
+34 692 336 787 karen@digitaltown.com
Disclaimer - Forward Looking Statement
Safe Harbor Language: Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act 1995. Readers are cautioned not to place undue reliance on forward-looking statements. DigitalTown, Inc. undertakes no obligation to update any such statements to reflect actual events.