Blockchain Intelligence Group (BIG) Enters Into Exclusive License Agreement with BMEX Japan for Distribution of QLUE.io
Blockchain Intelligence Group (“BIG”) today announces that it has entered into an exclusive license agreement with BMEX Corporation (“BMEX”), a company operating in Japan, whereby it will provide BMEX with its proprietary Qualitative Law Enforcement Unified Edge (“QLUE”) Blockchain technology software.
The QLUE technology incorporates advanced search algorithms and various techniques to detect suspicious activity within Bitcoin transactions - all using proprietary methods under BIG’s own Bitcoin Blockchain Law Enforcement Analytics Platform.
The 12 month agreement with BMEX also provides licensees with the option and right to market BitRank.io within Japan under a similar agreement once a pricing plan has been put in place by the Licensor.
Christopher Filiatrault, CEO of BMEX, stated that,
“The opportunity to distribute BIG’s technology throughout Japan is a win-win for all involved. The technology is at the forefront and center of Bitcoin’s acceptance in Japan and can be adopted very easily by our existing customer base. We are very excited to bring the technology to the Japanese market.”
Lance Morginn, CEO of BIG, commented that,
"We are very excited about this partnership based on the existing network of relationships and business ventures BMEX has in Japan."
About BMEX
BMEX Corporation is headquartered in Tokyo, Japan. BMEX runs a network of Bitcoin ATMs in various locations around Japan. BMEX has also developed a Bitcoin wallet and Crypto trading platform for its 4000+ member base.
About Blockchain Intelligence Group
Blockchain Intelligence Group is headquartered in Vancouver, BC, Canada. As a developer of Blockchain technology solutions, search and data analytics, BIG's propriety platform will globally target governments and Fortune 1000 companies that operate in the finance, and e-commerce sectors.
Blockchain Intelligence Group: https://www.blockchaingroup.io/
Forward-Looking Statements
Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the effectiveness of the technologies, regulatory uncertainties and other factors, many of which are beyond the control of BIG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from the BIG’s expectations include, consumer sentiment towards BIG’s products and Blockchain technology generally, litigation, technology failures, competition, and failure of counterparties to perform their contractual obligations.
The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate.
Related News
The crypto trading platform Bitmex has announced the launch of its own native cryptocurrency called “BMEX,” following a slew of crypto platforms that have issued exchange tokens. According to the company, a user who registers and completes the KYC process will get five BMEX coins and ten tethers.
Bitmex to Airdrop BMEX Tokens to Registered and KYC-Processed Users
On Tuesday, the crypto exchange Bitmex announced the minting of its own token called BMEX. The digital currency exchange said on Twitter that the newly minted asset is a “token for true....
This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the mining operation released 2022 financial results and operational updates that noted that the mining firm entered a purchase agreement on August 15 for land in North Dakota. Applied Digital Enters Purchase Agreement on August 15, Groundbreaking Planned for Q3 2022 Another mining company is reporting expansion updates as Applied Digital (formerly Applied Blockchain) has revealed it has entered a purchase agreement on August 15. The deal will add a second....
Opposite to the downtrends of crypto prices, web 3 developments continue to make headlines almost daily. Following the UAE’s initiative to make the Emirates a metaverse and web 3 technology centre, Japan officially enters the web 3 zone. Fukuoka, the second-largest port city in Japan, has secured a partnership with the Astar Japan Lab to […]
There is an increasing interest for blockchain technology in Japan, as NRI and Japan Exchange Group have started a new distributed ledgers trial. What makes this announcement even more appealing is how other major financial institutions are part of this collaboration as well, and the securities industry is one area where the blockchain can make a significant impact. NRI and Japan Exchange Blockchain Study. Many financial institutions around the world are taking a keen interest in blockchain technology, as there are a lot of opportunities and possibilities waiting to be explored. Nomura....
A number of companies have joined the Japan Exchange Group (JPX) To form a consortium that will develop a proof-of-concept blockchain solution for capital market infrastructure. Announced yesterday, the JPX revealed that the Tokyo Stock Exchange (TSE), the Osaka Exchange (OSE) and the Japan Securities Clearing Corporation (JSCC) will help form a blockchain consortium compromising of Japanese financial institutions to test the blockchain prototype. The endeavor to explore blockchain technology for capital market infrastructure began with an internal research group in late 2015, which....