Geospatial Corp. (GSPH)

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Geospatial Corporation To Integrate Blockchain Technology With GIS Platform To Serve The Global Oil & Gas Industry
Providing Oil & Gas Related "3D Location, Management-and-Integrity-as-a-Service"
PR Newswire

PITTSBURGH, Jan. 24, 2018

PITTSBURGH, Jan. 24, 2018 /PRNewswire/ -- Geospatial Corporation (OTCQB Symbol "GSPH") announces today that the Company will be integrating Blockchain technology (the software behind Bitcoin and other Cryptocurrency) with GeoUnderground, providing a cloud-based locational software platform allowing energy companies a secure way to manage contracts, assure provenance and track asset maintenance.

Mark Smith, Geospatial's CEO stated, "Integrating Blockchain technology with GeoUnderground will allow us to provide a seamless sharing of constantly updated locational data and status of each asset and each contract along with the verification and history of each piece of equipment, pipeline and property status, via the cloud. The integration of Blockchain and GeoUnderground has the potential to drive profound, positive change to the global oil and gas industry."

https://www.otcmarkets.com/stock/GSPH/news/Geospatial-Corporation-To-Integrate-Blockchain-Technology-With-GIS-Platform-To-Serve-The-Global-Oil--amp--Gas-Industry?id=181383&b=y