The KODAKOne image rights platform will monitor and protect 10+ million images for social media content
community Lobster across the web
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2018) - GLOBAL BLOCKCHAIN TECHNOLOGIES CORP.
(CSE: BLOC, BLOC.CN, BLOC.CNX) (FSE: BWSP) (OTC Pink: BLKCF) ("BLOC" or the
"Company"), a lead investor in the KODAKOne platform, is pleased to announce that ICOx Innovations Inc. ("ICOx Innovations"), a
company which creates loyalty, reward, gaming, and payment cryptocurrencies for established companies that can benefit and grow
their business through blockchain technologies and cryptocurrencies, announced on September 10, 2018, that its client, the
blockchain-based KODAKOne Image Rights Management Platform and the KODAKCoin cryptocurrency, has struck a partnership with Lobster,
an AI and machine learning-driven platform that helps photographers and social media users upload and monetize their photos and
videos. Through the partnership, KODAKOne will monitor and protect the 10+ million images and later videos stored in Lobster's
database.
KODAKOne, which was created and operated by Ryde Holding (formerly WENN Digital, Inc.), is offering three key services through
the agreement: an image recognition algorithm that can analyze billions of images within a fraction of a second; a network of web
crawlers that monitor the web; and a post-licensing service that helps owners get compensated for their images that have been used
without their consent (or that helps them take those images down). In a two-week test campaign, KODAKOne monitored the use of
10,000 images from Lobster's library across the web and found a significant and material number of hits on average for each
image.
"For us, the launch of our partnership with Lobster is a perfect use case for our mission: Giving photographers, artists and the
average smartphone user full control of how their images are being used across the web," said Jan Denecke, CEO at Ryde. "Before we
launch our platform later this year, we are happy to see that our post licensing and global monitoring service is able to help so
many people around the world already."
Lobster's platform licenses photos and videos from Instagram, Facebook, Flickr, Vimeo, YouTube, Dropbox, Google Photos, Verizon
Cloud, VKontakte (VK), and Foursquare. Lobster uses AI and machine learning to apply sophisticated tagging, filtering, ranking, and
curation to its database. More than 10 million images and videos are directly available, while Lobster has access to billions more
upon request.
"We are excited to join forces with KODAKOne in identifying content that is being used across social media without permission,"
said Olga Egorsheva, CEO of Lobster. "Providing this info to our users and empowering them to offer post-licensing to the (often
unintentional) copyright infringers in a positive way will be extremely beneficial."
As a next step, KODAKOne, which is powered by the KODAKCoin cryptocurrency, will register all of Lobster's images on its
blockchain. Once this is complete, Lobster will be able to offer monitoring and post-licensing to all its users upon request.
"One of the biggest challenges companies face is developing promising technologies but failing to gain widespread adoption,"
said Bruce Elliott, President of ICOx Innovations, which helped create and launch KODAKOne. "This partnership with Lobster is one
of the first cases of blockchain technology being adopted in the real world to protect rights and compensate creators for their
work. With this partnership, KODAKOne is leading the way for big brands to bolster adoption by leveraging the technological
innovation taking place within the blockchain and cryptocurrency space."
Under a business services agreement, ICOx Innovations assists Ryde Holding with developing and integrating KODAKOne's blockchain
and cryptocurrency technologies, as well as strategy and corporate business development offerings relating to KODAKCoin and the
KODAKOne platform. Ryde Holding has a brand licensing agreement with the iconic imaging technology company to use the Kodak brand
in connection with the KODAKOne platform and KODAKCoin. ICOx Innovations has an equity stake in Ryde Holding.
BLOC also announces that Peter McCague has resigned from the Board of Directors in order to focus his efforts on other business
commitments. The Board wishes to thank Mr. McCague for his contributions to the Company and wishes him well with his future
endeavors.
On behalf of the Company:
Shidan Gouran, President and CEO
info@globalblockchain.io
For more information, please contact:
IRTH Communications, LLC
ir@globalblockchain.io
800-689-8089
About Global Blockchain Technologies Corp.
The Company provides investors access to a basket of direct and indirect holdings within the blockchain space. BLOC is focused
on streamlining the currently arduous, lengthy, and complicated process that interested investors must undergo to gain exposure to
the blockchain space, with a view to becoming the first vertically-integrated originator and manager of top tier blockchains.
BLOC is listed on the Canadian Securities Exchange ("CSE") and its common shares trade under the ticker symbol "BLOC."
Additional information relating to BLOC is available on SEDAR at www.sedar.com, the CSE at
www.theCSE.com, as well as on the Company's website at www.globalblockchain.io
About Ryde Holding, Inc.
Ryde Holding, Inc. (formerly WENN Digital, Inc.), a brand licensee of Eastman Kodak Company, is the creator and operator of the
KODAKOne Platform and the KODAKCoin Tokens. Ryde and its advisors are an experienced development and operations team with expertise
in proprietary blockchain development, big data, copyright law, AI-enabled image recognition and post-licensing monetization
systems. For more information, go to kodakone.com.
About Lobster
Founded in 2013 in London, Lobster is an innovative content marketplace platform that connects brands, agencies, media, and
creatives with authentic UGC sourced from ten social media and online archives. Based on a unique blend of new tech, Lobster makes
it simple for clients to search, find, and license beautiful photos and videos from a growing global community of creators. For
more information, go to https://lobster.media/.
About ICOx Innovations
ICOx Innovations, Inc. provides a platform for the design and creation of crypto economies that solve real-world problems with
established organizations. ICOx Innovations provides operational insights intended to benefit and grow its clients' businesses
through the use of blockchain technology and cryptocurrencies. The ICOx Innovations platform is compliance-driven and combines
rigorous strategic planning, capital structuring, technical integration and token economics model development, designed to allow
its clients to create sustainable economies. The ICOx Innovations team co-founded KODAKOne, a blockchain-based image-rights
management platform, and is the co-architect of KODAKCoin, the token that will reward and incentivize the KODAKOne platform users.
For more information on ICOx Innovations, go to: www.icoxinnovations.com.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable securities laws. Generally, any
statements that are not historical facts may contain forward-looking information, and forward-looking information can be identified
by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases
or indicates that certain actions, events or results "may", "could", "would", "might" or "will be" taken, "occur" or "be achieved".
Forward-looking information includes, but is not limited to the Company's goal of streamlining the current arduous, lengthy and
complicated process that interested investors need to undergo in order to gain exposure to the cryptocurrency space with a view to
becoming the first vertically integrated originator and manager of top-tier blockchains and digital currencies. The Company has no
assets and its business plan is purely conceptual in nature and there is no assurance that it will be implemented as set out
herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at
the time such statements are made, including but not limited to: statements and expectations regarding the ability of the Company
to (i) successfully engage senior management with appropriate industry experience and expertise, (ii) gain access to and acquire a
basket of cryptocurrency assets and pre-ICO and ICO financings on favourable terms or at all, (iii) successfully create its own
tokens and ICO's, and (iv) execute on future M&A opportunities in the cryptocurrency space; receipt of required regulatory
approvals; the availability of necessary financing; permitting and such other assumptions and factors as set out herein.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied
by such forward-looking information, including but not limited to: risks related to changes in cryptocurrency prices; the
estimation of personnel and operating costs; general global markets and economic conditions; risks associated with uninsurable
risks; risks associated with currency fluctuations; competition faced in securing experienced personnel with appropriate industry
experience and expertise; risks associated with changes in the financial auditing and corporate governance standards applicable to
cryptocurrencies and ICO's; risks related to potential conflicts of interest; the reliance on key personnel; financing,
capitalization and liquidity risks including the risk that the financing necessary to fund continued development of the Company's
business plan may not be available on satisfactory terms, or at all; the risk of potential dilution through the issuance of
additional common shares of the Company; the risk of litigation. Although the Company has attempted to identify important factors
that could cause actual results to differ materially from the forward-looking information set out in this presentation, there may
be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such
forward-looking information will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.
Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and
the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other
circumstances should change, except as required by laws. Investors are cautioned against attributing undue certainty to
forward-looking statements.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility
for the adequacy or accuracy of this release.
