Glance to Acquire Cryptocurrency Technology From a Top Blockchain Influencer

Fintech Investing

Glance Technologies (CSE:GETN; OTCQB:GLNNF) has announced it has entered into a non-binding letter of intent to acquire blockchain and cryptocurrency with rewards tokenization platform Blockimpact from Ztudium. As quoted in the press release: The LOI contemplates that Glance will acquire all of the intellectual property comprising the Blockimpact platform in consideration for payment to Ztudium …

Glance Technologies (CSE:GETN; OTCQB:GLNNF) has announced it has entered into a non-binding letter of intent to acquire blockchain and cryptocurrency with rewards tokenization platform Blockimpact from Ztudium.
As quoted in the press release:

The LOI contemplates that Glance will acquire all of the intellectual property comprising the Blockimpact platform in consideration for payment to Ztudium of US$1.1 million, 80% of which will be paid upon closing of the acquisition and 20% of which shall be paid on completion of the integration of Blockimpact with the Glance Pay mobile payment platform. Glance has paid Ztudium US$100,000 towards the purchase price.

    Blockimpact is a full end-to-end cryptocurrency blockchain solution, which includes the following features:
  • Biometric ID
  • Blockchain Distributed Ledger Technology
  • Digital messaging / group chat (with functionality similar to Whatsapp)
  • Financial wallet
  • Open application program interface
  • Crypto/token/fiat wallet (which allows seamless conversion between currencies)
  • Reward system
  • Encrypted cyber security
  • In-app support system
  • Document sharing
  • Social network features
  • Peer to Peer marketplace functionality

Click here to read the full press release.

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