LAS VEGAS, Dec. 05, 2017 (GLOBE NEWSWIRE) -- Envoy Group Corp (OTC Markets:ENVV) (the “Company” or “Envoy”) is pleased to provide an update regarding corporate developments, strategy and direction.
In October of this year, the Company became a prominent leader in the Blockchain Technology sector through an exclusive license agreement with Black Cactus Holdings LLC. As a result we now possess powerful and unique, fully market-ready Blockchain solutions for a variety of business and government applications.
Blockchain Technology was first developed as the underlying platform for the world of digital currencies like Bitcoin. This sector has drawn an increasing number of investors, enthusiasts and now, institutions. Over 3.5 Billion USD has been raised during 2017 in the ICO market alone and the Top 10 digital coins now have a market valuation of over $300 Billion.
However, the Company recognizes that Blockchain technology offers much more as the next generation method of handling any transaction of value with extreme security, rapidity and efficiency. The Blockchain will eventually be the foundation of the entire digital transaction sector and hence, the Company is focused entirely on developing and marketing new applications that offer novel and enhanced services for a wide array of industries, from finance and real estate to supply chain strategies to agricultural and urban development.
As the initial stage in our strategy to become the premier Blockchain Technology company, we previously announced the launch of our Digital to Real Financial Trading Platform and our name change to Black Cactus Global, Inc. which will act as the parent company to a number of International operating centers that provide the Company’s vertical applications, development, and installations. Lawrence Cummins is the new President and CEO of the company. Mr. Cummins, educated at Oxford University, Northwestern University, University of Pennsylvania School of Engineering and Harvard University, is a true pioneer in Blockchain Technology who has dedicated the last 6 years in developing and trial testing numerous applications. Recently he was appointed as the Head of the United Nations Blockchain Commission.
"Uses of Blockchain Technology are almost endless. There exists a multi-billion dollar marketspace and we fully intend to use our first-mover advantage to secure numerous exceptional business relationships around the world,” commented Mr. Cummins.
The Company name change and new symbol will be effective upon FINRA approval. We expect to announce several significant transactions in the near future.
About the Company
Black Cactus Global is a technology developing company with a focus on Blockchain, machine learning, crypto currency, and the Internet of Things. We partner with international government agencies, large corporations and specialised groups on global development and consulting projects in our key development areas of fintech, digital media, financial services, cyber security, and healthcare.
Our mission is to pioneer the application of blockchain and overlapping technologies to protect IP and the security of data and financial transactions.
For further information please visit our website at:
Investor Relations:
Company Contact: Louis Silver
Tel: 1-610-710-1303 • Email: lsilver35@verizon.net; louis@blackcactusglobal.com
Safe Harbor Statements
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