Datametrex AI Limited (the “Company” or “Datametrex”) is pleased to announce that its JV company, Graph Blockchain Limited (“GBC” or “Graph”), has signed a contract for approximately $300,000 CAD with LG Electronics. This contract is to build a private blockchain solution for its global logistics platform.
LG Electronics, part of LG Group, is a multinational company with 119 global subsidiaries. LG is the world’s second-largest television manufacturer, and is comprised of four business units, including: Home Entertainment, Mobile Communications, Home Appliance & Air Solution and Vehicle Components.
“I am thrilled to share this news with our shareholders, as this represents our second significant contract with a multi-billion-dollar, multi-national conglomerate in the logistics space. Securing contracts of this nature further supports our position as a trusted solution provider in the blockchain database management market for global enterprises,” says Peter Kim, President and COO of Graph.