VANCOUVER, British Columbia, April 09, 2018 (GLOBE NEWSWIRE) -- Cryptobloc Technologies Corp., (“Cryptobloc” or the “Company”) (CSE:CRYP), (OTCMKTS:RGTZF), (Frankfurt Stock Exchange:GR9) is pleased to announce the completion of a fundamental change and approval for listing.
CEO, Neil Stevenson-Moore comments:
“Our team wishes to thank our shareholders for their patience and confidence during the fundamental change process. We are looking forward to releasing information regarding several exciting projects in the coming weeks and months. While I wish I could share everything right now – we have a series of patent applications and partnerships in late stages of evolution that are progressing towards activation. However, our team could not be more pleased to be coming back to trade at the inflection point of such a transformative technology. Blockchain is moving past the “promising stage” and is about to become a crucial part of every major industry. Cryptobloc is primed and ready to be a leader in the Blockchain industry.”
Cryptobloc Highlights:
The focus of Cryptobloc Tech is to deliver Blockchain services and solutions to our industry leading partners. The company has been focusing on Asset-Backed, Non-Speculative projects that will remove much of the instability that has plagued many early players on the public market.
Instead of focusing solely on cryptocurrency portfolios, Cryptobloc has assembled a leadership team that will leverage their experience working with market leaders including Microsoft, Farfetch, Tesla and Layer7 to deliver ambitious projects based on Real-World Distributed Application Designs. Cryptobloc Technology projects will feature the rapid growth and security benefits inherent to advanced Blockchains, while being guided by ambitious growth strategies rooted in organic everyday functions.
Like the KYC and AML services that our first acquisition 1Linx provides for our lead client Coinbase – our future projects recognize and address the massive opportunity to disrupt existing industries while solving significant pain-points for our customers. Just as Coinbase has grown to exchange over $50 billion in digital and fiat currencies, and now serve over 10 million customers; Cryptobloc is developing both software and hardware infrastructures to serve the growing market for blockchain solutions.
In the coming weeks Cryptobloc Technologies will be announcing a series of projects across Canada, the United States, and International Markets.
About Cryptobloc Technologies Corp.
Based in Vancouver, BC - Cryptobloc Technologies Corp. is focused on developing and implementing Blockchain, Distributed Ledger, Closed Loop, and Cryptocurrency services for Government and commercial partners. Cryptobloc is committed to developing innovative and disruptive solutions that constantly improve active business practices for our partners.
Global Remote Technologies is a public company, traded in Canada, U.S. and Germany under the symbols (CSE:CRYP), (OTCMKTS:RGTZF), and (FRA:GR9).
On behalf of the Board of Directors
Neil Stevenson-Moore, CEO
Further information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and on its website, www.cryptobloctech.com
Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation. The forward-looking information is based on certain key expectations and assumptions made by the management of the Company, including in regards to the expected benefits of the Company’s acquisition of 1Linx, completion of the Financing, CSE acceptance of the Listing Statement, completion of the Company’s name and symbol change, the Company’s ability to provide clients with cutting edge security and process development software and the hope that such offerings will increase its partner profit margins and decrease such partners’ liability. Although the Company’s management believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward- looking information because the Company cannot provide any assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and the Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.