MOBI724 Global Solutions Initiates Blockchain Capability through Partnership with DLT Labs

MOBI724 Global Solutions (TSXV:MOS) has announced that it has signed a multi-phase product development agreement with DLT Labs to enable blockchain integration with its product portfolio.

As quoted in the press release:

This multi-phase agreement encompasses all MOBI724’ s products and will initially focus on the Company’s digital marketing and loyalty program management platform, which is particularly favorable for quick implementation of a closed loop solution powered by blockchain for all customer transactional data, and customer point data (Points Bank). Future phases of the agreement will involve the integration of blockchain technology to the rest of MOBI724’s growing product portfolio.

Chairman & CEO of DLT, Loudon Owen, said, “DLT’s suite of products will enable MOBI724 to harness the power of blockchain as it continues to deliver a leading portfolio of loyalty and fintech products.”

With offices in Canada, India and Japan, DLT is a global leader in the development and implementation of Blockchain solutions for enterprises. With the world’s premier team of distributed application designers and integrators, DLT has extensive enterprise experience and expertise with all distributed ledger/Blockchain technologies including Ethereum, Hyperledger’s Fabric, R3’s Corda, JP Morgan’s Quorum, and other leading enterprise platforms. DLT’s leading group of architects use proprietary DNC Cluster Framework and Parent & Child Smart Contract Architecture to design and deploy a suite of secure and scalable Distributed Applications that provide enterprise solutions for data and digital asset provenance storage, management and exchange. DLT is an Authorized IBM Business Partner.

Click here to read the full press release.