Blok Technologies : Begins Reaching Out to Blockchain Developers to Further Advance Greenstream Development
02/07/2020 | 08:17am EST
VANCOUVER - BLOK Technologies Inc. ('BLOK Tech' or the 'Company') (CSE: BLK) (OTC: BLPFF) (FRANKFURT: 2AD) is pleased to announce that the Board of Directors has decided that it will continue with the development in the Greenstream Networks Inc technology.
As the Canadian government's Cannabis Act continues the development of the legalization of cannabis BLOK Tech believes Greenstream's comprehensive technology can still be the solution to the cannabis industry. Greenstream is a developing commercialized blockchain-enabled supply chain integrity platform to ensure the safe, legal and authenticated flow of products and value through the cannabis market, marking seed to sale which is one of the key components to regulation. 'I'm excited to announce we are looking to engage a party on the relaunch of Greenstream, the company has reached out to the old development team as well other groups. We will take prudent measures to ensure cost efficiency and use our relations to hopefully partner with significant cannabis companies in the future.' Stated BLOK Tech Interim CEO, Jamie Hyland
About BLOK Technologies Inc.
BLOK Technologies Inc. is a public company that invests in and develops companies in the blockchain and emerging technology sectors. The Company's approach is to provide capital, technology and management expertise to the companies it develops. BLOK Tech's current portfolio includes Greenstream and VR Eyes Technology Corp. Greenstream is a technology platform designed to effectively manage value transfer, supply chain integrity and identity verification in complex and highly regulated industries.
VR Eyes Technology Corp. is a new innovative company that is researching and developing technology for eye care and is focused on products that make detecting eye functions more convenient for the day to day user. The Company systematically identifies early-stage technologies with potential to disrupt and innovate within their industry and invests the necessary resources to ensure the success of their projects.
Contact:
James Hyland
Tel: (604) 442-2425
Statements in this news release may be viewed as forward-looking statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from those projected. There are no assurances the company can fulfill such forward-looking statements and the company undertakes no obligation to update such statements.
Such forward-looking statements are only predictions; actual events or results may differ materially as a result of risks facing the company, some of which are beyond the company's control.
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