Significant Blockchain deal with the Emirate of Dubai: Global Blockchain (WKN A2JST8) received an exclusive software development license after a thorough review of a state-owned subsidiary of the Emirate of Dubai (LINK to News). This includes decentralized (blockchain) technology services for account April 2019 Calendar Word
management and solutions within the DMCC Free Trade Zone. The DMCC Free Trade Zone is home to over 15,000 multinational companies and has over 60,000 employees from 170 countries worldwide (for more information see News in Detail).
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Recognized as the Global Free Zone of the Year by the Financial Times for the third year in a row, DMCC acts as a global commodity marketplace to guide trade flows through Dubai and the region. As a DMCC-licensed company, BTD operates in a secure regulated trading environment, providing global investors with the highest standards of international compliance. Comprehensive company update - all projects on schedule! After receiving several inquiries, the Company has chosen to provide an explanation to its investors to clarify the current state of affairs and provide additional insights into current issues that suggest a positive long-term outlook.
Completely debt-free At this point in time, the company is not in any way indebted to any creditor. Apart from representing the absence of financial liabilities, this gives the company a clean balance sheet and allows it to do business without inherent debt restrictions, an important strategic consideration as the company prepares to launch new products. It also represents the company's ability to manage itself in an efficient manner, as it does not rely on borrowed funds. Sufficient capital endowed With several projects at different stages of development, the company's activities require capital for research and development, marketing, specialist services and business expenses.
Since these costs were expected, they were scheduled for accounting purposes. The Company currently has sufficient capital to continue this development, which will result in marketable products and partnerships as early as the third quarter of 2018. All projects are on schedule BLOC is currently running several projects. A number of these projects are confidential due to the involvement of large companies and government agencies.
An overview of well-known projects can be found below. There are currently no significant hurdles for any of these projects. There will be a significant movement in each of the projects listed below before the end of 2018. Stratus peer-to-peer storage market By leveraging Blockchain to automate the purchase and sale of storage space for IT companies, Stratus will help companies liquidate their excess storage space by leasing it to other companies at around 50% % low he is considered to be the most cloud provider.
The market is structured in a way similar to that which allows AirBnB to facilitate the leasing of short-term accommodation. The Stratus website will be active at the beginning of the third quarter of 2018. Laser Blockchain Network Laser is a hard fork from Ethereum and has functionality to include anonymity, timely transactions and blockchain interoperability. The company has received significant interest in Laser since its announcement in April.
Crowd sales of Lasers photon tokens will begin early in the third quarter of 2018. Gaming Network Tokenization Working with 12 gaming network operators with a total of over 400 million users, BLOC is April 2019 Calendar Word
working to tokenize each of these networks to enrich the user experience and increase user engagement. This will enable the functionality for eSports as well as betting operations. The launch of this is scheduled for the beginning of the fourth quarter of 2018.