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Bullboard - Stock Discussion Forum Blockchain Foundry Inc. BLFDF

Blockchain Foundry Inc develops and commercializes blockchain-based business solutions and provides consulting services to corporate clients seeking to incorporate blockchain technology into their businesses. The company operates in only one business segment, namely consulting services. Its Primary services include Project-based contracts and Proposals. Some of its solutions are Syscoin Spark... see more

OTCPK:BLFDF - Post Discussion

Blockchain Foundry Inc. > Blockchain Foundry Announces Blockchain Development
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Post by GoodLuck14 on Feb 11, 2020 5:16pm

Blockchain Foundry Announces Blockchain Development

Blockchain Foundry Announces Blockchain Development Agreement with Financial Services Client

TORONTO, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Blockchain Foundry Inc. (“BCF” or the “Company”) (CSE:BCFN) (FWB:8BF) (OTC:BLFDF), a leading North American blockchain development firm, has entered into a blockchain development agreement (the “Agreement”) with a large Canadian financial institution (the “Client”). The Agreement commenced on February 3, 2020 and is valued at approximately C$400,000 over 5 months.   

Pursuant to the Agreement, BCF will develop key infrastructure to power a decentralized identity solution for the Client. The infrastructure being developed by the Client and BCF could ultimately be rolled out to any organization which could benefit from trusted digital identities. BCF has several years of experience in the digital identities space, has been a member of the Decentralized Identity Foundation (“DIF”) (https://identity.foundation/) since 2017 and has contributed to the development of DIF’s W3C Decentralized Identity Specification.

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