DMG Blockchain Solutions Inc (DMGGF)

[Alaskadug]

DMG Blockchain Solutions Inc. (OTCQB: DMGGF) reported yesterday an update on its intellectual property (IP) status and the use of this IP for developing innovative software solutions on the blockchain ecosystem. DMG’s US technology company, Blockseer, founded in 2013, was one of the first companies operating in data analytics of both the Bitcoin and Ethereum blockchains. With many governments signaling for both tighter regulations in cryptocurrencies as well as their greater acceptance of this technology entering the mainstream, Blockseer’s data and DMG’s overall IP is proving to be current and valuable in many new ways for these evolving market conditions. Existing centralized Bitcoin mining pools are lacking regulatory standards and auditable transparency, and therefore miners may be inadvertently aiding nefarious or criminal users of Bitcoin. DMG’s proprietary KYC and AML technologies represent one of the industry’s best available solutions to provide a legally compliant solution and a regulatory acceptable path forward for Bitcoin miners and the underlying users of Bitcoin in general, without censorship of non-criminal transactions.