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Tuesday, 02/06/2018 9:27:10 AM

Tuesday, February 06, 2018 9:27:10 AM

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https://finance.yahoo.com/news/pareteum-publishes-blockchain-white-paper-130000963.html

Pareteum Publishes Blockchain White Paper Defining Opportunities in the Mobile Market
PR Newswire PR Newswire•February 6, 2018
Extending our SaaS Platform with Blockchain Technology

NEW YORK, Feb. 6, 2018 /PRNewswire/ -- Pareteum Corporation (NYSE American: TEUM), ("Pareteum" or the "Company"), the rapidly growing Cloud Communications Platform company, today announced that it has published a whitepaper to explore the opportunities that blockchain enables including security, identity management and settlement. The whitepaper begins with defining how blockchain supports the integration of various forms of traditional and next generation payment models. Providing real-world use cases, the whitepaper demonstrates how blockchain relates to the communications market. The Pareteum Blockchain Enabler Platform Whitepaper, can be found on Pareteum's website HERE.

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Pareteum Corporation Logo.
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The Whitepaper explores how the Pareteum Global Cloud Service Platform supports blockchain enablement and why it's important for mobile solutions providers to understand the basics of this new technology.

Ali Davachi, Chief Technology Officer comments, "Pareteum is focused on delivering enabling technology to all of its partners. The TEUM Blockchain (TBC) will revolutionize how our customers leverage Blockchain technology. Enabling our SaaS platform with identity management, transaction settlements and payment solutions greatly expands the opportunity for our customers."

Hal Turner, Executive Chairman and Principal Executive Officer of Pareteum stated, "The Digital Economy, and its monetization, requires trust, identity and device, identification, for the dependable completion of transactions. These transactions may be payment system, financial, or application and content focused. Pareteum's support of an enabling Blockchain powered solution assures that our communications service provider customers, and, their retail, enterprise, and IoT customers, are provided the highest available, GDPR compliant, security and payment systems solutions. In conjunction with our partner, AirFox, Pareteum's cloud platform will also service its customers by capturing new revenue streams in the telecommunications and IoT markets. Our cloud-based solution will enable the deployment of Blockchain services, delivered for our customers anywhere in the world."

About Pareteum Corporation
The mission of Pareteum Corporation (NYSE American: TEUM) is to connect "every person and everything". Organizations use Pareteum to energize their growth and profitability through cloud communication services and complete turnkey solutions featuring relevant content, applications, and connectivity worldwide. Our platform services partners (technologies integrated into our Cloud) include: HPE, IBM, Sonus, Oracle, Microsoft, and other world class technology providers. All of the relevant customer acquired value is derived from Pareteum's award winning software, developed and enhanced for many years. By harnessing the value of communications, Pareteum serves retail, enterprise and IoT customers. Pareteum currently has offices in New York, Sao Paulo, Madrid, Barcelona, Bahrain and the Netherlands. For more information please visit: www.pareteum.com.

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