Breaking #Blockchain Stock News: Upco International Inc. (CSE: $UPCO.C) Announces integration of Blockchain Technologies into its E-wallet
Breaking #Blockchain Stock
News: Upco International Inc. (CSE: $UPCO.C) Announces integration of
Blockchain Technologies into its E-wallet
Vancouver,
BC - February 5, 2018 (Investorideas.com Newswire) Upco International Inc. (CSE: UPCO) (Frankfurt: U06) ("UPCO") is
pleased to announce that it has successfully integrated leading-edge blockchain
technologies into its E-wallet payment system as a step towards the development
of a full-featured international invoice/payment/exchange/transfer system for
hard currencies and invoice/payment/transfer for cryptocurrencies.
Our
blockchain implementation significantly moves us towards demonstrating our
Blockchain technology's ability to maintain reasonable transaction time and
rates as expected from main-streamed payment application, but without the cost
of resources associated with bitcoins and other cryptocurrencies. We have
developed a distributed platform using Blockchain Technology and transactions
can be confirmed almost instantaneously on our system, while it can take
minutes or hours to confirm Cryptocurrency transactions on current existing
systems.
Mr
Andrea Pagani, CEO and President commented: "This is a massive step
forward for our company having the integration of Blockchain technologies in
our E-wallet. This moves us a step closer to having a cashless society using
Blockchain technology."
About Upco International Inc.
Upco International
Inc. is a cloud-based mobile service company which provides high-quality voice
termination to a market driven by the growing activity in online communications
and commerce. Upco is a licensed Global Telecom Carrier within the international
VoIP (voice over IP) wholesale business.
Upco has designed a software application for Apple iOS and Android, similar to SKYPE
and WhatsApp. With the forthcoming addition of the
Upco E-Wallet using Blockchain Payment Services, users will be able to: send invoices, approve payments, transfer
international funds, convert international currencies, and track transfers and
payments. The application will also
allow vendors to securely share account information with their clients.
Please visit www.upcointernational.com for further information.
ON BEHALF OF THE BOARD OF DIRECTORS
Jag Sandhu, Director and Vice President, Corporate
Development
Neither the Canadian Securities Exchange nor its
regulation services provider has reviewed or accepted responsibility for the
adequacy or accuracy of the content of this news release.
Forward-Looking Statements
This press release
contains forward-looking information or forward-looking statements
(collectively "forward- looking information") within the meaning of
applicable securities laws. Forward- looking information is typically
identified by words such as: “will” “may” "believe",
"expect", "anticipate", "intend",
"estimate", “development”, “forthcoming”, "potentially" and
similar expressions, or are those, which, by their nature, refer to future events.
Upco cautions investors that any forward-looking information provided by Upco
is not a guarantee of future results or performance, and that actual results
may differ materially from those in forward-looking statements.
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