Le Lézard
Classified in: Mining industry, Science and technology, Business
Subjects: PER, SBS

Karuschain Announces Impressive Blockchain MVP for The Precious Metals Supply Chain & New Company CEO in Singapore


GIBRALTAR, Jan. 24, 2020 /PRNewswire/ -- Karuschain revealed and presented the first MVP for its enterprise blockchain solution for the precious metals mining supply chain Karuschain SecureCapture today. This key milestone in the company's roadmap was revealed at Blockchain Impact, 2020 Perspectives in Singapore, a prestigious event for high net worth investors, funds and blockchain enthusiasts.

Karuschain Founder & Chairman Richard Verkley says, "Karuschain SecureCapture will function as the secure data flow to the Karuschain platform. By integrating Karuschain SecureCapture into the mine operation tech ecosystem Karuschain technology will capture data across selected databases and provide data immutability. Data immutability will ensure that even system administrators will not be able to change data retrospectively in order to commit data fraud. It will act as the first step to securing provenance and solving the long-standing issues around efficiency, data integrity, transparency, information sharing and traceability for miners and others throughout the precious metals supply chain."

In addition to this, Karuschain also revealed it has hired a new CEO and welcomes Ryan Steil to the team. Ryan is a leader in digital transformation with more than 20 years building and supporting technology initiatives within Oil & Gas, Mining, Engineering and Manufacturing organizations. Prior to joining Karuschain, Ryan was most recently an Associate Partner with IBM Canada where he worked with Enterprise organizations to manage their strategic investment in technology. In response to the announcement Ryan says, "I am driven to continue to lead the development of solutions that increase the transparency of data and the efficiency of the organizations. Karuschain's enterprise blockchain solution does just that. I'm very excited to be joining such a well-equipped and experienced team and continue to drive success to an industry with a very real need and desire for technological innovation."

The news comes soon after the company disclosed the enormous success of its first private sale, whereby 32.5 million KRS tokens, 10% of the total token allocation earmarked for the sale, were sold out. In fact, demand was so great that the final private sale token allocation and sale superseded the original allocation by more than 30%. Karuschain is now moving into the next stage of funding alongside further product development.

Karuschain is a blockchain technology platform for the precious metals mining industry, giving mining companies a powerful tool to ensure data integrity, safeguard human rights, reduce risks and improve environmental regulations in their supply chain.

For more information visit: https://karuschain.com/

Follow Karuschain on social media:
Twitter Facebook LinkedIn Instagram Telegram Medium Youtube

Contact Information:
Sophie Elliott
Marketing Specialist
Karuschain
sophie@karuschain.com 
+34 622 73 36 87

SOURCE Karuschain


These press releases may also interest you

at 03:15
"LA Mansion Prince Painted Purple For Sale" It may have been the most infamous house-painting job in Los Angeles history in 2005 when mega-rocker-star Prince painted NBA-star Carlos Boozer's Beverly Hills home in purple stripes. New to the market,...

at 03:05
StabiLens, based out of Potsdam, New York, has launched a brand-new website and ecommerce shop at stabilens.com. It offers customers the chance to learn about and order the Stabilens Gimbal Ring System -- A first of its kind camera attachment that...

at 03:00
ASE Technology Holding Co., Ltd. , announces its unaudited consolidated net revenues for March and 1st quarter of 2020. CONSOLIDATED NET REVENUES (UNAUDITED) Mar Feb Mar Sequential YoY (NT$ Million) 2020 2020 2019 Change Change Net Revenues 37,884...

at 03:00
The American Council of Learned Societies (ACLS) is pleased to announce the 2020 cohort of ACLS Fellows. The largest and longest running program in the organization's portfolio, the ACLS Fellowship program honors scholars in the humanities and...

at 02:09
Barbuto & Johansson, P.A. ("BARJO") and Of Counsel, Neil Rothstein, Esq. (with over 30 years of Securities Class Action Experience, including cases against ENRON and Halliburton) informs investors that a class action lawsuit has been filed, expanding...

at 02:00
iwoca research shows that British public is significantly more sympathetic towards the struggles of small businesses compared to large companies (21%)  However, nearly 70% would not use small businesses if they could save just £1 by buying from a...



News published on 24 january 2020 at 08:38 and distributed by: