Graph Blockchain Inc. (“Graph” or “Company”) (CSE: GBLC) is pleased to announce that the Company has completed building a blockchain solution for the agriculture and cannabis industry focusing on the cultivation environment. In addition to this development, the Company entered into a Memorandum of Understanding (“MOU”) with Ezfarm Inc. ()Ezfarm”) to utilize the Company’s Blockchain solutions for the collection and processing of data from the agricultural field.
“We have previously stated that we see a fantastic opportunity for blockchain technology and specifically Graph’s technology to improve the safety, efficiency and transparency in the global food industry. Being chosen by Ezfarm as partner in providing blockchain solutions for their agricultural clients further demonstrates that we are on the correct path. This represents our second food related opportunity following an MOU with a large Korean Conglomerate, LOTTE Data Communications, that was entered into through our largest shareholder Datametrex AI Limited (DM). In this case, Graph will assist in developing a blockchain based solution for the importation of Canadian beef,” says Jeff Stevens, CEO of the Company.
About Ezfarm Inc.
Ezfarm is a Bigdata solution business founded in 2000 to lead agricultural development. Ezfarm provides field-oriented solutions that enable farmers, markets, and consumers to utilize data instantly in the changing agricultural environment with the rapid development of IT technology. Farmers are able to directly experience productivity improvement by actively adopting IT technology. Ezfarm key business areas include: Software Solutions, IT Services, R&D and E-Commerce. Some of their existing professional partners include; AgroVision, Hortonworks, Teshuva Agricultural Projects and Sound Talks
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 has secured multiple prototype development contracts with multi-national conglomerates and sells across client subsidiaries as a full enterprise product.
Forward Looking Statements
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