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AXS Blockchain Solutions Inc. and Chainlinks Lab Inc. Announce Name Change to LiteLink Technologies Inc. and LiteLink Labs Inc.

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VANCOUVER, British Columbia, August 16, 2018 – LiteLink Technologies Inc. (“LiteLink”) (CSE:BAXS) (FRA: C0B) a leader in blockchain solution development, is pleased to announce that it will change its name from “AXS Blockchain Solutions Inc.” to “LiteLink Technologies Inc.”

Effective at the market opening on August 21, 2018, the common shares of the Company are expected to commence trading on the Canadian Securities Exchange under the Company’s new name and under the trading symbol “LLT”.

To maintain consistency across the brand, recent acquisition, Chainlinks Lab Inc. has also changed its name to LiteLink Labs Inc.

Ashik Karim, CEO of LiteLink, stated,

“By renaming our parent company to LiteLink, our brand is aligned more closely with the Company’s refined vision that aims to link enterprises and their people with our leading-edge technologies through the lightest integration costs, and complexity possible. Our customers are tired of antiquated enterprise systems and overly complex integration platforms. LiteLink will provide a near-zero cost integration platform that can be used on-demand. In addition, LiteLink has diversified its competencies to include AI deep cognitive learning for their platforms, rather than solely focusing on blockchain technologies.”

About LiteLink Technologies Inc.

LiteLink Technologies (CSE:BAXS) (FRA: C0B) is a blockchain solution provider that acquires and develops businesses devoted to enhancing the future of blockchain. Leveraging an extensive network of product development communities and digital media, LiteLink Technologies builds and creates partnerships with blockchain technology startups which turn simple, innovative ideas into businesses supercharging the industry.

About LiteLink Labs Inc.

LiteLink Labs is a wholly owned subsidiary of LiteLink Technologies Inc. that integrates blockchain-based systems with A.I. technology in existing legacy businesses. LiteLink Labs develops and implements blockchain solutions for telecommunications, logistics, payment, and billing systems to make these markets more efficient, secure, traceable, and enterprise ready.       

Forward-looking Statement

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information.  These forward-looking statements or information may relate to LiteLink Technologies Inc. and LiteLink Labs Inc., the proposed change of name by the Company and its wholly-owned subsidiary Chainlinks Lab Inc., the nature of the business of LiteLink Technologies Inc. and LiteLink Labs Inc, and other factors or information. Such statements represent LiteLink’s current views with respect to future events and are necessarily based upon a number of assumptions and estimate that, while considered reasonable by LiteLink, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements.  LiteLink does not intend and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

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Trillion-Dollar Shipping Industry Betting Big On BlockchainTrillion-Dollar Shipping Industry Betting Big On Blockchain

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FN Media Group Presents Cryptocurrencynews.com Market Commentary

In the United States shipping and logistics accounts for nearly $1.5 trillion each year. With networks of producers, shippers, and consumers coordinating to access products, inefficiencies are an inevitable industry reality. In an effort to address these problems, companies around the world are working to revolutionize shipping and logistics through the instant and immutable properties of blockchain technology. Technology giants are predicting that traditional enterprise clients will seek to integrate blockchain technology into their businesses in the future. As legacy sales decrease, goliaths like IBM see blockchain as the supply-management tool of choice. The global logistics industry was valued at USD $8.1 trillion in 2015, and as the global economy grows it is estimated that this number will reach USD $15.5 trillion by 2024. Leading logistics and blockchain technology companies such as DMG Blockchain Solutions Inc. (OTC: DMGGF) (TSX-V: DMGI), Descartes Systems Group Inc (NASDAQ: DSGX) (TSE: DSG), Blockstrain Technologies Corp. (OTC: BKKSF) (TSX-V: DNAX), Drone Delivery Canada Corp. (OTC: TAKOF) (TSX-V: FLT) and AXS Blockchain Solutions Inc. (CSE:BAXS) (FRA: C0B) have begun addressing issues within the shipping industry.

Is the industry ready for such rapid development? No.

The global logistics industry currently relies on outdated systems of organization to conduct business. These systems are rife with delays due to human error, poor communication, and other breakdowns. Blockchain technology offers a unique opportunity for these systems to be replaced, ushering in a new era of automation and efficiency.

In late 2017 UPS realized blockchain’s enormous potential to transform industries, joining the Blockchain in Trucking Alliance (BiTA). Created for people working in the freight industry to improve standards and education around blockchain, BiTA is known for bringing major freight technology companies together to develop blockchain technology. Another recent notable member is German software giant SAP SE, who became BiTA members in 2017.

Solving Logistical Issues With Blockchain Technology

AXS Blockchain Solutions Inc. is following the footsteps of UPS by betting big on blockchain logistics with its recent acquisition of Chainlinks Lab for CAD $4,000,000. Chainlinks is in the final development phase of a blockchain-based logistics platform called 1Shift Logistics. The platform aims to solve the fragmented marketplace of suppliers using outdated legacy systems that require a manual workforce to complete routine and simple tasks. 1Shift aims to solve the existing logistical issues in the trucking industry by improving transparency and reducing the likelihood of human error.

“The acquisition of Chainlinks allows AXS Blockchain to dive deep in the trillion dollar logistics industry. With the advent of blockchain, AI cognitive search and smart contracts there is a great opportunity to simplify, streamline and create transparency in the supply chain. Utilizing a mix of these technologies in a revolutionary eco-system can solve real-time tracking and tracing issues, live escalation updates to mitigate downtime and simpler payment settlements to name a few,”

commented AXS Blockchain CEO, Mo Ahmad.

For freight brokers, 1Shift can provide instant solutions for major issues such as cargo protection and delivery efficiency within both the logistics and transportation industries. By providing all parties involved with a single customized dashboard for tracking freight payment, rates, financial metrics, and budgeting, 1Shift will increase shipping reliability and visibility in order to maintain intermediary relationships.

Descartes Systems Group Inc (TSX: DSG) (NASDAQ: DSGX) is another company that provides a logistics software-as-a-service solution aimed at improving the efficiency, operational performance, and security of logistics-intensive businesses. With a current stock price of $44.34 CAD and a market cap of $3.4 billion, it is plausible that investors believe in the power of blockchain technology.

Identifying Industry Issues

Global cargo theft is estimated to cost $60 billion USD per year. The United States is said to lose nearly $35 billion alone. These losses hurt businesses and cost consumers, offering a unique opportunity for blockchain-based solutions to recover a massive amount of profit. The North American trucking industry is also a very fragmented marketplace. There are over 500,000 trucking companies in operation across the continent, each of which must conform to a complex initial vetting process. These companies lack the appropriate tracking tools to monitor their shipments, exacerbating an inefficient system.

Lost, late, and damaged goods are a common problem in the shipping industry. These issues are often discovered after it is too late, creating a loss for both shippers are manufacturers. Many of these issues could be solved by the automation and security provided by blockchain-based logistics systems. By reducing the need for human input, blockchain technology can provide a seamless solution to many of these easily-automated issues.

Linda Weakland, UPS’s Director of Enterprise Architecture and Innovation, is long on blockchain. She says,

“It has multiple applications in the logistics industry, especially related to supply chains, insurance, payments, audits and customs brokerage. The technology has the potential to increase transparency and efficiency among shippers, carriers, brokers, consumers, vendors and other supply chain stakeholders.”

Blockchain: The Backbone of Modern Logistics

Within the freight transport industry, there are many intermediaries that are involved in the transportation of goods from point A to point B. Many individuals involved in the delivery chain process means that there are significant amounts of information that will remain hidden or get lost in translation.

Across global networks, blockchain fundamentals can provide efficiency, transparency and security. Incorporating these fundamentals will build a transparent way of monitoring global trade and lower costs between intermediaries within the supply chain.

The billion-dollar cannabis industry is ripe for this technology. Blockstrain Technologies Corp. (TSX-V: DNAX) (OTCPK: BKKSF). Blockstrain is currently attempting to secure the intellectual property associated with cannabis genomes by hosting it on a blockchain. By validating the genome and source of cannabis plants, stakeholders throughout the industry should be able to track their product from seed to sale.

To address the issue of amounts of intermediaries in a chain, Drone Delivery Canada Corp. (OTCQB: TAKOF) (TSX-V: FLT) is working to pioneer a commercially viable drone delivery system across Canada. Once in place, this system will effectively remove human error from large portions of the shipping process and lower costs between intermediaries.

To reduce fraud and friction throughout current supply chain systems DMG Blockchain Solutions Inc. (OTCQB: DMGGF) (TSX-V: DMGI) plans to work with an existing licensed producer to develop a platform ensuring complete provenance of controlled products through the entire supply chain system.

If blockchain’s integration into the logistics industry turns out to be a success, it is fantastic news for consumers, shippers and investors alike. It seems as though just about everyone involved is discovering the advantages of operating on a blockchain system. Especially for the shipping sector, it might represent a solution to the industry’s need to keep pace in the face of steady rapid growth.

For a more in-depth look at AXS Blockchain Solutions Inc. (CSE:BAXS) (FRA: C0B), please read the full report on Cryptocurrencynews.com.

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and CCN and FNM undertake no obligation to update such statements.

Originally published on www.prnewswire.com

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AXS Blockchain Announces Appointment of Ashik Karim as CEOAXS Blockchain Announces Appointment of Ashik Karim as CEO

Ashik Karim

VANCOUVER, British Columbia, Aug. 03, 2018 (GLOBE NEWSWIRE) — AXS Blockchain Solutions Inc. (“AXS Blockchain”) (CSE:BAXS) (FRA: C0B), a leader in blockchain solution development, is pleased to announce that the board of directors has appointed Ashik Karim as Chief Executive Officer, and a director, effective August 3, 2018. Mr. Karim is currently and will also remain the Chief Executive Officer of Chainlinks Lab Inc., a wholly owned subsidiary AXS Blockchain. Mohammad Ahmad has stepped down as Chief Executive Officer to take on a strategic leadership role as Chairman of AXS.

“By appointing Mr. Karim as the CEO of AXS Blockchain, we have selected a market leader at a time when blockchain technologies and artificial intelligence (AI) are on the cusp of enterprise adoption,”

commented Mr. Ahmad.

Ashik Karim, the new CEO for AXS Blockchain, noted:

“Today’s pace of technological change is both unpredictable as well as exponential. Blockchain impacts every individual, country, and organization in one way or another, and AXS Blockchain’s role in the digital blockchain and AI transformation has never been more important.”

Mr. Karim started his career in 1998 building mission-critical software for the International Space Station for NASA and the Canadian Space Agency. He then transitioned to deliver one of the largest online national land management platform in the world for McDonald Dettweiler. Upon successful launch of that platform, Ashik then transitioned into technology product consulting and delivery for Accenture, where he brought his technology and leadership to TELUS, Vodafone, and Wind Mobile in Canada, and where he was pivotal in driving delivery from concept through go-live in less than twelve months. Mr. Karim has also been a key leader in two successful startups in Canada, one that has already exited with Ericsson. Ashik Karim stated, “I am personally looking forward in bringing the same level of enterprise disruption success to AXS as I did as the CEO at Striven Consulting, where we took a technology consulting firm and disrupted some of the largest enterprise consulting firms in the world.”

In connection with his appointment as Chief Executive Officer, Mr. Karim has been granted incentive stock options to purchase up to 8,000,000 common shares of AXS Blockchain at a price of $0.35, for a period of five years. The options will vest evenly over a period of 36 months, with the first tranche vesting on the date which is six months following the date of the grant.

About AXS Blockchain Solutions Inc. 

AXS Blockchain Solutions Inc. (“AXS Blockchain”) (CSE:BAXS) (FRA: C0B) is a blockchain solution provider that acquires and develops businesses devoted to enhancing the future of blockchain. Leveraging an extensive network of product development communities and digital media, AXS Blockchain builds and creates partnerships with blockchain technology startups, which turn simple, innovative ideas into businesses supercharging the industry.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the proposed appointment of Ashik Karim as Chief Executive Officer, AXS Blockchain’s business prospects, and other factors or information. Such statements represent AXS Blockchain’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by AXS Blockchain, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. AXS Blockchain does not intend and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

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P2P Cryptocurrency Marketplaces Draw Huge Interest From Bitcoin TradersP2P Cryptocurrency Marketplaces Draw Huge Interest From Bitcoin Traders

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FN Media Group Presents Cryptocurrencynews.com Market Commentary

Bitcoin prices continue to rise after gaining nearly 15%, or $970 million, over a two week period. Publicly traded cryptocurrency companies are once again in the spotlight with interest in the sector renewed after the lengthy selloff that followed the all-time highs achieved throughout Q4 2017. These recent price changes have seen companies like HIVE Blockchain Technologies Ltd. (TSX-V: HIVE) (OTC: HVBTF), Hashchain Technology Inc. (TSX-V: KASH) (OTC: HSSHF), Global Blockchain Technologies Corp. (CSE: BLOC) (OTC: BLKCF), Riot Blockchain Inc. (NASDAQ: RIOT) and AXS Blockchain Solutions Inc. (CSE:BAXS) (FRA: C0B)drastically increase their market caps over that same period. While the majority of these companies heavily focus on cryptocurrency mining, new innovations within the industry, like Peer-to-Peer (P2P) marketplaces, are drawing significant investment from some of the sector’s largest companies.

Centralized exchanges like Coinbase, Binance, Kraken, and others have provided access to the cryptocurrency markets during the industry’s formative years. As these exchanges continue to grow, so too do their fee structures, internal regulations, and other prohibitive measures that make it difficult for investors to take part in the cryptocurrency markets. In 2017, Coinbase received a valuation of $1.6 billion when they raised $100 million, with that number reaching as high as $8 billion in 2018.

Where the popular centralized exchanges leverage their size to provide access to the crypto markets, this access comes with a price. Transactions are completed through the exchanges with no interaction between buyers and sellers, fees are high and continue to grow, and withdrawing funds can take several days to weeks. These kinds of barriers are unattractive to traders who want to trade cryptos with minimal space restrictions.

The Growing Popularity of P2P Marketplaces

Peer-to-peer marketplaces have gained traction as reliable alternatives to major centralized exchanges like Coinbase and Binance. Recently Riot Blockchain Inc. (NASDAQ: RIOT) purchased 12.5% of Coinsquare (CEX) at a valuation of CAD$430 million, adding another strategic partnership to a growing roster of joint ventures.

AXS Blockchain Solutions Inc. (CSE:BAXS), a leading blockchain solutions company, has signed a letter of intent with Blockchain Foundry to develop a new P2P marketplace that will offer safety, security, transparency, and a seamless experience as part of its core offering.

Decentralized P2P marketplaces like Paxful and Localbitcoin offer a more personalized experience than some of the larger exchanges by eliminating the need for intermediary parties. According to Paxful co-founder’s Ray Youssef and Artur Schaback, their marketplace processed as many as 8,000 Bitcoin transactions per day in 2016. However, P2P exchanges like Paxful sacrifice basic security in favor of anonymity by avoiding the use of basic verification systems like KYC. This exposes investors to additional risks that can easily be avoided by seeking out safer marketplaces to trade on.

ZUBX P2P Marketplace – Creating a Centralized P2P Crypto Marketplace

Transparency is the backbone of blockchain technology. ZUBX will be developed by Blockchain Foundry upon signing of the development agreement. Their development team was responsible for creating Syscoin, a token that is backed by technology that can process as many as 300,000 transactions per second, allows for instant asset transfers, and functions much like the eBay of P2P marketplaces.

The ZUBX P2P marketplace embraces the new P2P movement and will be offering a personalized trading experience that will include many of the security features that traders have come to expect from some of the major exchanges, but are unable to get from other P2P marketplaces. These features include:

  • Instant messaging capabilities that allow users to communicate and structure the terms of any deal before they take place. Determine if a specific buyer or seller is someone that you actually want to trade with.
  • Multi-coin support that will enable users to trade Bitcoin, Bitcoin Cash, and Ethereum. Additional coins may be added in future updates.
  • Escrow service. Fiat and cryptocurrency validation to protect buyers and sellers.
  • Unparalleled privacy and security. ZUBX holds all crypto assets in cold storage using multi-signature wallets and 2FA authentication in order to protect assets that are being traded in our marketplace. You can trade knowing that sellers actually have the coins they are selling because we verify the existence of a seller’s cryptocurrencies before any trade can take place.
  • AML (anti-money laundering) and KYC (know your customer) verification in order to verify the legitimacy of users and to create a transparent trading experience.
  • Fast withdrawals that are designed to allow users to instantly withdraw their money using debit cards that actually work. Withdraw funds from anywhere where a debit card is accepted.
  • A comprehensive seller rating system that lets you assess the reputation of any buyer or seller that you are thinking of trading with. Seller ratings will be validated by the blockchain, providing buyers with a useful feedback tool to grade the quality of a seller.

Combining all of these features will create one of the safest and most efficient P2P crypto marketplaces to date. With Blockchain Foundry potentially heading the development of ZUBX, AXS Blockchain Solutions will be building the next generation of P2P marketplaces that provides a decentralized experience that includes the many features crypto traders want from centralized exchanges like Coinbase and Binance. Simple features such as instant messaging and ratings are attractive to traders who are interested in learning what type of people they are dealing with when engaging in a transaction. All trades on the ZUBX platform will be secure due to the fact that most of their funds are held in cold storage and require 2FA authentication. Not only does this create a secure trading experience for users, but it ensures that buyers know that the sellers actually have the cryptocurrencies they are trying to sell.

Companies Actively Investing in the Cryptocurrency Space

Companies such as HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (OTCPK: HVBTF) are working to bridge the gap between cryptocurrency and traditional financial institutions. The company has partnered exclusively with Genesis Mining to facilitate easy and affordable mining services for customers of varying financial backgrounds. By leveraging low cost renewable energy, HIVE hopes to bring cryptocurrency mining to the masses.

Newcomers in the cryptocurrency mining space, Hashchain Technology Inc. (TSX.V: KASH) (OTCQB: HSSHF), offer a variety of cryptocurrency mining services including hosted on-site mining, DASH Masternode hosting, and Node40 Balance accounting. The company’s proprietary software runs 24/7 to ensure safe and stable mining operating at full efficiency.

Riot Blockchain Inc. (NASDAQ: RIOT) aims to gain exposure in the cryptocurrency industry by offering a diversity of blockchain-based services, joint ventures, and targeted investments. The company’s acquisition of Coinsquare, a leading Canadian cryptocurrency exchange, is their attempt to further establish their presence in a burgeoning industry.

Global Blockchain Technologies Corp. (CSE: BLOC) (OTCPK: BLKCF) are working to facilitate adoption in the cryptocurrency space by enabling traditional investors to invest in a basket of holdings without a deep technological understanding of the industry. Global Blockchain hopes to become the first vertically integrated originator and manager of digital currencies.

P2P Exchanges To Challenge Centralized Competitors

With the launch of ZUBX, major exchanges are poised to lose users as they will not be able to compete with a P2P marketplace that offers the same level as security that they do. When safety, security, and transparency are equal, users will always favor the platform that offers cheaper fees, faster transaction times, and the ability to withdraw your funds as quickly as possible. ZUBX promises to offer all of these things and more in order to create a better crypto trading experience for users that want to trade, invest, hedge, and diversify their portfolios.

For a more in-depth look at AXS Blockchain Solutions Inc. (CSE:BAXS) (FRA: C0B), please read the full report on Cryptocurrencynews.com.

Forward-looking Statement

This release contains ‘forward-looking statements’ within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. ‘Forward-looking statements’ describe future expectations, plans, results, or strategies and are generally preceded by words such as ‘may’, ‘future’, ‘plan’ or ‘planned’, ‘will’ or ‘should’, ‘expected’, ‘anticipates’, ‘draft’, ‘eventually’ or ‘projected’. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and CCN and FNM undertake no obligation to update such statements.

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AXS Blockchain Solutions Acquires Chainlinks LabAXS Blockchain Solutions Acquires Chainlinks Lab

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AXS Blockchain Solutions Inc. has acquired Chainlinks Lab Inc. to accelerate go to market plans for enterprise blockchain platforms

July 26, 2018 – Vancouver, British Columbia – AXS Blockchain Solutions Inc. (“AXS Blockchain”) (CSE:BAXS) (FRA: C0B), a leader in developing blockchain business solutions is pleased to announce that it has acquired all of the outstanding share capital of Chainlinks Lab Inc. (“Chainlinks”) for a total consideration of CAD $4,000,000. Chainlinks is a privately held technology company based in British Columbia that focuses on the integration of blockchain-based systems with artificial intelligence (AI) technology within existing legacy businesses.

Chainlinks’ focus is to implement blockchain solutions in telecommunications, logistics, payment, and billing systems to make these markets more efficient, secure, and traceable, and enterprise ready. With this acquisition, AXS Blockchain will have access to new markets, established blockchain and AI development teams across Vancouver, Burnaby, Kelowna and Denver, as well as current and future and product roadmaps.

Ashik Karim, Founder and CEO of Chainlinks commented,

“I’ve spent the last two decades working with enterprise clients to select and implement large-scale software platforms to maximize return and minimize risks. Clients have approached me over the last year to find clear, realistic and valuable uses for blockchain. With all the marketing and hype, Chainlinks was born with the mandate to identify and deliver on real business use cases that fulfill the promises of enterprise blockchain.”

Chainlinks is in the final development phase of a platform called “1Shift Logistics”. The platform aims to solve the fragmented marketplace of suppliers that still use outdated legacy systems that require a manual workforce for routine and simple tasks. The lack of real-time transparency and visibility along with human error for low-level repetitive tasks can be solved with 1Shift Logistics. Initial trials will commence in December 2018, with beta testing estimated to start in January 2019.

The 1Shift Logistics platform is expected to include the following features:

  • Real-time custom tracking with integrated updates and alerts based on trusted and shared data between all parties
  • An integrated tracker, shipper, carrier and 3PL verification service with economies of scale to reduce low-value work that can be automated
  • Sharing of real-time auditable data to all parties
  • Customized dashboards for tracking, freight payment, rates, KPI and financial metrics and budgeting
  • AI-driven analytics tailored to all parties to improve decision making and mitigate preventable delays – both tactical and strategic
  • Live market rates and transparent bidding process
  • Smart documents system that houses verified, shared data around critical compliance documents and certificates

“The acquisition of Chainlinks allows AXS Blockchain to dive deep in the trillion dollar logistics industry. With the advent of blockchain, AI cognitive search and smart contracts there is a great opportunity to simplify, streamline and create transparency in the supply chain. Utilizing a mix of these technologies in a revolutionary eco-system can solve real-time tracking and tracing issues, live escalation updates to mitigate downtime and simpler payment settlements to name a few,”

commented AXS Blockchain CEO, Mo Ahmad.

No finders’ fees are payable in connection with the acquisition of Chainlinks, and AXS Blockchain has not assumed any long-term debt obligations as a result of the acquisition.

AXS Blockchain also announces that Jonathan Malach has resigned from the board of directors to pursue other ventures. The board thanks Mr. Malach for his recent service.

About AXS Blockchain Solutions Inc.

AXS Blockchain Solutions Inc. (CSE:BAXS) (FRA: C0B) is a blockchain solution provider that acquires and develops businesses devoted to enhancing the future of blockchain. Leveraging an extensive network of product development communities and digital media, AXS Blockchain builds and creates partnerships with blockchain technology startups, that turn simple, innovative ideas into businesses supercharging the industry.

Forward-looking Statement

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the purchase of Chainlinks by AXS Blockchain, the nature of the business of Chainlinks, and other factors or information. Such statements represent AXS Blockchain’s current views with respect to future events and are necessarily based upon a number of assumptions and estimate that, while considered reasonable by AXS Blockchain, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. AXS Blockchain does not intend and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

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