Graph Blockchain Inc. (“Graph” or “Company“) (CSE: GBLC) has announced that the Company has secured a contract through its in country partner for the Ministry of Transportation in Seoul, South Korea. The contract is for approximately $55,000 CAD and is a pilot project to store traffic data on the blockchain as part of the Smart City initiative.
“This is an exciting opportunity for our Company to introduce Graph Database Blockchain solutions to the Ministry of Transportation. We look forward to delivering a solution that will streamline and protect data for their smart city initiatives. The team is doing a fantastic job securing new business opportunities with multi-national corporations and government agencies, this will provide a strong foundation as we continue to search for gaming opportunities that will expand and diversify the Company for our shareholders,” says Jeff Stevens, CEO of the Company.
Graph Blockchain leverages its AgensGraph Database engine wtih HyperLedger Fabric to DLT ledger for processing data.