Datametrex AI Limited is pleased to announce the filing of two patents through its joint venture company, Graph Blockchain Limited, with the United States Patent and Trademark Office, in concert with filing with the Korean Intellectual Property Office. The patents are related to the proprietary methodologies, processes and algorithms which focus on the enhancement of transactional performance, for private blockchains. This includes data gathering and throughput, optimizing and presenting to the User Interface (“UI”) Dashboard at rates that are considerably faster than traditional relational systems. The patents primarily address the transactional processing speed of the blockchain and the speed of how data is then displayed.
“Building on the positive momentum we have seen through the contracts with major global and national conglomerates in South Korea, and our growing solution-based business with Canadian companies, particularly with the rapidly rising Cannabis industry, this is the next step to further confirming our proficiency in the private blockchain space. I’m very excited about the expanding prospects that our unique processes bring to the market, and proud of the technical schema by our development team, in partnership with the technical expertise of our U.S. California based colleagues at Bitnine Global Inc. (“Bitnine”)," said Peter Kim, President and COO of Graph.
Andrew Ryu, CEO & Chairman of the Company, commented, “I’m pleased to see that Graph Blockchain adds value to Datametrex’s business initiatives and growth, as the company takes the necessary steps in driving forward and growing our presence as a leader in the private blockchain and data management sector. Creation of a patent portfolio is our show of know-how and commitment to this emerging industry.”
About Graph Blockchain
Graph Blockchain is a joint venture formed between Datametrex and Bitnine. The JV mandate is to bring the value of Graph Database technology to the blockchain environment where there is a great need to enhance performance and present the verified and authenticated data in unique ways. The company has filed a Non-Offering Prospectus with the Ontario Securities Commission (OSC) to be listed on the Canadian Securities Exchange (CSE).
About Datametrex AI Limited
Datametrex AI Limited is a technology focused company with exposure to four exciting verticals. Big Data, collecting data from retail point of sales environments. Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com). Implementing Blockchain technology for secure Data Transfers through its joint venture company, Graph Blockchain (www.graphblockchain.com). Industrial scale Cryptocurrency Mining through its wholly owned subsidiary, Ronin Blockchain Corp (www.roninblockchain.com).
Additional information on Datametrex is available at: www.datametrex.com