COINSILIUM GROUP LIMITED
(“Coinsilium” or the “Company")
Investee company update
A copy of the announcement released by the International Business Times on the behalf of Factom is reproduced below:
Factom inks another deal in
Factom will offer advice and technical guidance as Ancun Zhengxin shapes its blockchain strategy for its notarisation services for more than 100 locations in 28 provinces across
Ancun Zhengxin is a subsidiary of
The internet has become an integral part of
The joint statement said Factom is providing Ancun Zhengxin with an application interface to blockchain for its back office operations and also build an application interface to integrate with Ancun Zhengxin's existing software systems. These blockchain solutions will secure data history and timestamp Ancun Zhengxin's notarisation service.
Not so long ago Factom signed an MoU with technology consulting firm iSoftStone to shape a smart city strategy to roll out data storage, auditing, and verification services for several regions in
The Factom blockchain system issues Factoids, the token value transferred among users who purchase entry credits and record entries. Factom servers create entry blocks and directory blocks; a hash of the directory blocks is secured onto the blockchain.
Jack Lu CTO of Factom added: "We are honoured to have the opportunity to work with Ancun Zhengxin, They are a wonderful company that can guide us as we move ahead with our
The Directors of
For further information please visit www.coinsilium.com or contact the following:
Cameron Parry Coinsilium Group Limited +44 (0) 207 099 0740 David Coffman / Asha Chotai Daniel Stewart & Company +44 (0) 207 776 6550 (Corporate Adviser & Joint Broker) Nick Emerson / Jake Nixon SI Capital Limited +44 (0) 1483 413 500 (Joint Broker) Josh Royston / Hilary Buchanan Alma PR +44 (0) 7515 805 218 (Public Relations)
Notes to Editor
Coinsilium is a
Coinsilium is the world's first blockchain technology focused company to be admitted to trading on an Exchange Regulated Market and has a portfolio of interests in blockchain companies and projects. In addition to pursuing its investment strategy, through the experience of the Directors and management team, Coinsilium is able to offer a suite of services including corporate/business advisory, CPD accredited training & education, investment solutions, in-house development and other professional services to blockchain/fintech companies and major corporates wanting to learn more about blockchain technology and its implications to the way the world transfers value over the internet.
For further information please visit http://www.coinsilium.com/