DMG Blockchain Solutions Inc (DMGGF)

[Alaskadug]

Update...they keep saying will resume trading “shortly” who knows but a lot has happened since it was suspended. Almost all of it good. It may run on the Canadian side? Or people are just bitter. The person trying to keep it down on this side will most likely be overrun soon....

DMG Announces Commercial Launch of Forensic Software Blockseer and Walletscore in Europe and Update on DMG's Forensics Division
V.DMGI | 3 hours ago
Highlights:

DMG has launched its AML software, Walletscore, for financial institutions in Europe
DMG’s forensics practice has been engaged by organizations to assist them in crypto related issues
DMG’s forensics practice has generated in excess of $200,000 in consulting revenues
VANCOUVER, British Columbia, Aug. 20, 2019 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (DMGGF:OTC US) (FRANKFURT:6AX) (“DMG” or the “Company”), a diversified blockchain and technology company, is pleased to announce that its Anti Money Laundering software Walletscore is now available for EU clients including crypto-exchanges, private and public banks, financial institutions, and traders. More than 20 EU financial institutions are now in beta testing of Walletscore, which is a standalone addition to DMG’s Blockseer software.

Technical Advisors for Cryptocurrency Audits & Other Updates

DMG is pleased to also announce that it has been engaged as technical advisors to assist multiple organizations in crypto-related issues. DMG’s new clients are primarily related to ICO (Initial Coin Offering) investigations and independent audits focused on public company technical reviews using DMG staff and software. DMG’s COO Sheldon Bennett, a Certified Fraud Examiner (CFE) himself, leads audit efforts and uses DMG’s proprietary software, Blockseer and Walletscore, to review crypto wallet activities, blockchain transactions and analyze crypto revenues.

Sheldon Bennett stated, “We are tremendously excited to offer our industry leading expertise, knowledge, and software which provides data analytics related to investigations for both crypto (mainly Bitcoin and Ethereum) mining companies and ICOs. The blockchain and cryptocurrency industry is in its infancy, and DMG is in a unique position to help law enforcement, regulators, legal firms and auditors navigate the blockchain ecosystem. We believe that blockchain technology allows for greater transparency than any technology before it and DMG is proud to be able to be an industry leader in this emerging space.”

Dan Reitzik, DMG’s CEO, added “DMG is working hard on all fronts. Our mining facility, which is one of the largest such facilities in Canada, is operating very well and the Company is hosting more than 10,000 individual miners currently, with near term capacity for an additional 30,000 miners (approx. 45MW). DMG’s Forensics Division has been engaged by one of the leading crypto audit firms and is currently assisting with technical expertise on multiple audits. The Forensics practice has generated more than $200,000 in consulting revenue alone in recent months, and we are excited to continue building this area of the business. Our Data Analytics software products have recently launched in Europe with new clients on-boarding weekly. We are also tremendously excited about the progress on Wazabi, the cognitive technology platform we are building in partnership with IBM, for the rapidly growing regulated products industry. Wazabi utilizes Blockchain, Artificial Intelligence and Big Data technologies to connect the global supply chain.”

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About DMG Blockchain Solutions Inc.
DMG Blockchain Solutions Inc. is a diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end solutions to monetize the blockchain ecosystem. DMG, with its Blockseer division located in Silicon Valley, intends to be the global leader in industrial scale crypto mine hosting – Mining as a Service (MaaS), blockchain forensics/analytics, and blockchain platform development.

For more information on DMG Blockchain Solutions visit: www.dmgblockchain.com


Read more at https://stockhouse.com/news/press-releases/2019/08/20/dmg-announces-commercial-launch-of-forensic-software-blockseer-and-walletscore#MAyHq5fwbxOPPv2p.99






https://stockhouse.com/news/press-releases/2019/08/20/dmg-announces-commercial-launch-of-forensic-software-blockseer-and-walletscore