VANCOUVER, British Columbia, Feb. 05, 2018 (GLOBE NEWSWIRE) -- Upco International Inc. (CSE:UPCO) (OTC:UCCPF)
(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
Tel: 604 306 1950
Email: JAGJNS@OUTLOOK.COM
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.
