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Bullboard - Stock Discussion Forum GlobalBlock Digital Asset Trading Ltd BLVDF


Primary Symbol: V.BLOK.H

GlobalBlock Digital Asset Trading Limited is a holding company. The Company has no business operations. The Company is focused on identifying, acquiring or combining with a new business.

TSXV:BLOK.H - Post Discussion

GlobalBlock Digital Asset Trading Ltd > IBIT is 3 fold in 3 days. We work with Xinova and IBIT
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Post by Stock20 on Feb 11, 2020 2:54pm

IBIT is 3 fold in 3 days. We work with Xinova and IBIT

Helix Provides an Update on CitizenOS Project With Xinova, LLC and Interbit Ltd.

CALGARY, Alberta, July 22, 2019 (GLOBE NEWSWIRE) -- Helix Applications Inc. (TSX-V: HELX) (the “Company” or “Helix”) is pleased to provide an update with regards to the CitizenOS Project, which is a smart cities initiative it joined with Xinova, LLC (“Xinova”) and Interbit Ltd.  As described in the Company’s November 29, 2018 press release announcing it had joined the CitizenOS venture (the “Venture”), Helix is the technology and application developer for the Venture.

The Venture has entered into a letter of intent with Tomo Spaces Inc. (“Tomo”), developer of River Market, located in New Westminster, British Columbia, regarding collaboration in a pilot project involving data analysis and whether increased community engagement can have an impact on commerce.  This project represents a particularly exciting opportunity for the CitizenOS Project and represents the first customer for the Venture.  Launch of this project is subject to execution of more definitive documentation between the Venture and Tomo, which the parties are currently working towards.

“Our team is excited to work with CitizenOS,” says Mark Shieh, Director of Tomo. “These new tools will enable us to see in depth how people use River Market as a community hub. This new way of understanding social interactions will help us cultivate more vibrant places.”

“As we develop the technical solutions that will deploy the CitizenOS Project at large scale, it is important to demonstrate value and operating principles in a more managed and smaller environment first,” said Chal Davidson, Venture Manager for Xinova. “Partnering with Tomo in respect to its River Market will be a wonderful opportunity for us. The River Market is a microcosm of a city and provides a controlled environment for our technology as we learn to help cities understand how communities develop and make better decisions with their citizens.”

“To be able to pilot smart city solutions to impact an organization like River Market is a unique opportunity,” said Mina Lux, Chief Product Officer of Helix and the Venture Manager for the Company. “It gives us the ability to accelerate the pace of our learning and make certain that the citizens are well-served by the new innovations.”

The Venture also has ongoing discussions with a number of other groups and cities in Asia, Europe and the United States.

ABOUT RIVER MARKET

Located in the heart of New Westminster, River Market offers more than 70,000 square feet of shopping, eating and playing, all right next to the mighty Fraser River. Since 1892, New Westminster has had a bustling market along the riverfront. First opened in 1985 as Westminster Quay Public Market, this marketplace pioneered a food-led revitalization to become a hub for community life. Today, it showcases 25 of British Columbia’s best independent restaurants, shops and schools all under one roof.

ABOUT HELIX

Helix is a blockchain application and technologies developer, listed on the TSX Venture Exchange (TSX Venture: HELX).  On October 26, 2018, Helix completed a “Change of Business” transaction to become a technology company and undertake its current business. Additional information about Helix and its “Change of Business” transaction is available on SEDAR at www.sedar.com under Helix’s profile.

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