Toronto, Ontario–(Newsfile Corp. – February 18, 2021) – Zoompass Holdings Inc. (OTCQB: ZPAS) (“Zoompass” or the “Firm”) is happy to announce that its subsidiary, BlockLine Options Pvt. Ltd. (https://blocklinetech.com) has entered right into a platform growth and upkeep settlement with Titan Digital Change (“Titan”), a SEC and FINRA compliant cryptocurrency alternate for issuing STO’s and buying and selling pairs.
Zoompass’ BlockLine Options Pvt. Ltd. is chargeable for designing, implementing and sustaining Enterprise to Enterprise (B2B) blockchain based mostly applied sciences. Per the settlement, BlockLine Options Pvt. Ltd. will present backend infrastructure of the platform. Moreover BlockLine Options will obtain revenues from Titan DX based mostly on an annual income sharing mannequin, offering Zoompass with a extremely scalable supply of annual income.
The settlement permits Zoompass to attain numerous its strategic initiatives, mentioned within the Company Replace offered on February 2, 2021, that embody however should not restricted to being a pacesetter in Blockchain as a Service (BaaS) in addition to cryptocurrency alternate targeted verticals.
Zoompass is within the place to help institutional and retail cryptocurrency traders with technological developments permitting for mainstream adoption. Some of these partnerships permit the Firm to leverage its experience to create future preparations together with however not restricted to: licensing, strategic partnerships and joint ventures.
TitanDx.CA was launched in Canada as beta mode on twenty ninth September 2020 to chose traders and related customers and now helps greater than 20+ market pairs and accepts 9 key buying and selling crypto currencies (together with BTC, LTC & ETH).
Titan presently operates an OTC buying and selling desk and plans to additional increase its userbase by migrating current offline OTC traders to the TitanDx platform.
About Titan Digital Change Inc (TitanDx): Titan Digital Change Inc. based mostly in Los Angeles California, is a SEC and FINRA compliant crypto alternate for issuing STO and crypto buying and selling pairs. TitanDx cryptocurrency alternate and OTC buying and selling platform is constructed on cutting-edge know-how which gives industry-grade buying and selling expertise for its prospects, integrates with Titan’s banking relationships and leverages Titan’s intensive expertise in assembly regulatory compliance.
About BlockLine Options Non-public Ltd: BlockLine is a subsidiary of Zoompass Holding Inc. BlockLine is an knowledgeable in efficiently designing, growing and delivering turnkey blockchain as a service applied sciences together with cryptocurrency alternate and buying and selling platforms by way of the Software program-as-a-Service (SaaS) mannequin.
Zoompass is a worldwide innovator within the SaaS world, targeted on deploying blockchain and digital options together with alternate options using current and new protocols in addition to asset tokenization options. The corporate continues to buildout its digital cost infrastructure for onboarding and offboarding in addition to its subsequent era web-based applied sciences and software program options for each personal and public sectors.
Zoompass Protected Harbor Assertion
Sure statements contained inside this launch are thought of to be forward-looking beneath the Non-public Securities Litigation Reform Act of 1995 and are topic to dangers and uncertainties together with, however not restricted to, the danger that any projections or steering, together with revenues, margins, earnings, or another monetary outcomes should not realized, the affect of adjustments in tariffs, opposed adjustments within the world financial situations, important quantity reductions from key contract prospects, monetary stability of key prospects and suppliers, and availability or value of uncooked supplies. Ahead-looking statements can usually be recognized by phrases comparable to “anticipates, ” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “might,” “will,” “ought to,” “would,” “may,” “potential,” “proceed,” “ongoing,” related expression, and variations or negatives of those phrases. These forward-looking statements should not guaranteeing of future outcomes and are topic to dangers, uncertainties and assumptions that might trigger precise outcomes to vary materially and adversely from these expressed in any forward-looking assertion. Further cautionary statements relating to different threat elements that might impact the long run efficiency of Zoompass are contained within the Firm’s Kind 10-k submitting for the fiscal 12 months ending in December 31, 2020, and different filings with the Securities and Change Fee.
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/74852