ORONTO, Nov. 15, 2018 (GLOBE NEWSWIRE) -- Graph Blockchain Inc. (“Graph” or “Company”) (CSE: GBLC) is very pleased to announce that in collaboration with Datametrex AI Limited (“Datametrex”, TSXV: DM), discussions have been held with senior officers of a multi-national conglomerate in conjunction with Counsellors from the Canadian Ministry of Trade and the Ministry of Agriculture, to provide Blockchain logistics and Global Supply Chain Management solutions in relation to Canadian beef importation.
In partnership with Datametrex, Graph was invited to the Canadian Embassy in Seoul, Korea, to discuss building supply chain management and logistics solutions, leveraging Datametrex’s expertise in AI, in combination with Graph’s high development proficiency of blockchain data management and analytics platforms in the logistics and global trade sector.
As reported in the Beef Quarterly Research Report published by Rabobank in August 2018 (click here), North Asia, and more specifically Japan and South Korea, have been increasing their beef imports over the past year, with the highest rise in imports since 2002. With global concerns arising over Bovine Spongiform Encephalopathy (BSE), commonly known as mad cow disease, a major point and condition of the parties involved in the meeting was the quality assurance of imported beef. In addition, the blockchain based solutions will include development of reporting and auditing systems for tracking and tracing, quality control, delivery, payments, and quotas.
“The successive wins building prototype’s for multi-nationals has helped us reach this otherwise hard to attain opportunity. We’re excited to be a part of the expert teams leading this initiative in collaboration with Datametrex, and we look forward to seeing what other doors this opens,” says Peter Kim, CEO of the Company.
“This represents a fantastic opportunity for both Datametrex and Graph as both companies will work together to provide the solution and integration of this innovative platform. We are thrilled to work with the Canadian Governments and their embassy representatives on a solution that will help position Canadian farmers for expansion into new markets,” says Andrew Ryu, Chairman and CEO of Datametrex.
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 their 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’s powerfully unique solution has translated into a high growth trajectory, with the company securing multiple prototype development contracts with multi-national conglomerates, and the opportunity to sell across client subsidiaries as a full enterprise product.
Additional information on Graph Blockchain Inc. is available at: GraphBlockchain.com
About Datametrex AI Limited
Datametrex AI Limited is a technology focused company with exposure to four exciting verticals. Big Data, collecting data from retail point of sales environments. Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (nexalogy.com). Industrial scale Cryptocurrency Mining through its wholly owned subsidiary, Ronin Blockchain Corp (roninblockchain.com).
Additional information on Datametrex is available at: datametrex.com
For further information, please contact:
Peter Kim – CEO Graph Blockchain Inc. Phone: (416) 482-3282 ext. 228 Email: pkim@graphblockchain.com
Jeffrey Stevens – President & COO Datametrex AI Limited Phone: (647) 400-8494 Email: jstevens@datametrex.com
Graph Blockchain Inc. has been granted approval for two patents from the Korea Intellectual Property Office (KIPO).
The approved patents are for two of the four that have been filed with KIPO in conjunction with the United States Patent and Trademark Office (USPTO), as previously announced on March 8, 2018, and are related to the control system for private blockchain systems and the method for controlling a private blockchain system. More specifically, the patents encompass the proprietary methodologies, processes, schema and algorithms that relate to the enhancement of transactional performance for private blockchain systems. The remaining two patents are also under review.
Additionally, the company is continuing to build a patent portfolio with 10 additional patents in the process of being filed for private blockchain systems, including the areas of data security and data replication, anomalous data detection, and logistics data management.
"Being granted the patents is a significant milestone for Graph. In addition to confirming our technical expertise in private blockchain data management, this also ensures that our intellectual property is protected in a space that is quickly evolving towards being an industry standard. For a number of the multinational clients that we are in discussions with, this is another major step that validates our technology as a solution provider," says Peter Kim, chief executive officer 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's powerfully unique solution has translated into a high growth trajectory, with the company securing multiple prototype development contracts with multinational conglomerates, and the opportunity to sell across client subsidiaries as a full enterprise product.
@isnarain I think your headline is not accurate, the news release only states that "discussions have been held", there is no confirmation that they got the contract. So nothing new there.
GRAPH BLOCKCHAIN RECEIVES TWO PATENT APPROVALS
Graph Blockchain Inc. has been granted approval for two patents from the Korea Intellectual Property Office (KIPO).
The approved patents are for two of the four that have been filed with KIPO in conjunction with the United States Patent and Trademark Office (USPTO), as previously announced on March 8, 2018, and are related to the control system for private blockchain systems and the method for controlling a private blockchain system. More specifically, the patents encompass the proprietary methodologies, processes, schema and algorithms that relate to the enhancement of transactional performance for private blockchain systems. The remaining two patents are also under review.
Additionally, the company is continuing to build a patent portfolio with 10 additional patents in the process of being filed for private blockchain systems, including the areas of data security and data replication, anomalous data detection, and logistics data management.
"Being granted the patents is a significant milestone for Graph. In addition to confirming our technical expertise in private blockchain data management, this also ensures that our intellectual property is protected in a space that is quickly evolving towards being an industry standard. For a number of the multinational clients that we are in discussions with, this is another major step that validates our technology as a solution provider," says Peter Kim, chief executive officer 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's powerfully unique solution has translated into a high growth trajectory, with the company securing multiple prototype development contracts with multinational conglomerates, and the opportunity to sell across client subsidiaries as a full enterprise product.
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