Dear Bloxsar Community, As some of you know, I founded Bloxsar with Ray Hawkins in 2018. This is my first letter as the CEO of Bloxsar to all of our stakeholders. I want this to be a document you can use as a reference for how we plan to run Bloxsar for the long term and I want us all to keep score together. At Bloxsar, we recognize that while cryptocurrency is a buzzword; blockchain is the real opportunity. This drove our vision of creating a Hybrid Incubator (one part incubator + one part holding company). Unlike typical venture capital incubators, we help blockchain entrepreneurs focus entirely on building their businesses while we take care of the support services.
The last 12 months have been very productive as we create the foundation for incubating global blockchain businesses. We have raised over $1,000,000 to date which allowed us to invest in three businesses and continue to execute on the initial stages of our business plan. Among other achievements, we completed many of the difficult steps needed to successfully complete our transition out of a pre-revenue development stage company into a premier blockchain incubator company with long-term, sustainable shareholder growth. To drive the overall direction and implementation of our corporate responsibility and investment strategy, we have established a dedicated team with executive and board of director oversight. One focus of this letter is blocksEDU as it is the first example of how we are achieving success. blocksEDU captures the spirit and momentum behind our efforts to ensure our incubator initiatives benefit from being part of the Bloxsar family.
A major milestone in 2019 was the launch of the Blockchain Certificate Program at Okanagan College. The first intake of students was completed on May 12th, 2019 and blocksEDU sends our congratulations to all the students that completed this program which is the first of its kind in British Columbia. We completed a successful cooperation with the Mexico Internet Association and Polimatia, an existing e-learning company to provide blocksEDU services in Mexico. Courses and workshops will begin before the end of 2019. The current political environment has delayed our plan to introduce the blocksEDU Online Blockchain Developer Course (OBDC) to the Chinese market. We are hopeful these plans will regain momentum with recent news of China’s Central Bank Completing Digital Currency. https://www.pymnts.com/news/ridesharing/2019/china-centarl-bank-completes-development-digital-currency blocksEDU has been invited to present to the Minister of Digital Economy & Entrepreneurship and the Princess Sumaya University for Technology in Jordan. I along with one of our instructors will travel to Jordan on August 20th to discuss potential cooperation opportunities in the country. The next phases for blocksEDU include:
Based on our experience with the blocksEDU development platform we are also exploring industry specific content on artificial intelligence, renewable and sustainable energy focusing on how to use blockchain to add value across a system architectures.
We currently have 2 projects in addition to blocksEDU underway, in stages ranging from engineering and development to project management and construction. BRIC Labs – Blockchain Research & Innovation Centre (BRIC) A physical incubation center at 3800 Westbrook Mall on the UBC technology and science campus; and Arctic Networks Inc. – Internet Security A Nodal network for WWW connectivity with next generation IP security and increased blockchain application access speeds. We expect to bring both projects into revenue this year. Our investments into blockchain based solutions that disrupt the traditional markets of Education, Real Estate and Internet Security are cash flow-focused investments which can drive significant shareholder value.
At the forefront of Blockchain development is Fintech companies, disrupting banking and financial services. Many investors have asked us questions about this sector. The adoption of blockchain in the finance industry is occurring at a rapid pace. Blockchain is the most convenient environment in which AML regulation can be applied with immutable records of transactions. Increased adoption of blockchain by the finance industry will bring self-regulation of the financial system and is the best option for further development. The management team is currently reviewing several exciting opportunities in the Fintech marketspace.
We plan to collaborate with other Blockchain Event platforms globally to extend our reach beyond Canada. As part of our blocksEDU initiative, we are exploring other Emerging Technologies which will tightly integrate with blockchain technologies. Our first collaboration partner is Claudio Lai, the founder of the Vancouver Impact Festival Emerging technology and Educational conference focused on Virtual Reality – Augmented Reality – Mixed Reality This event will take a deep dive into the fields of Robotics, A.I, Blockchain and Holographics and will be held in Vancouver at BRIC Labs November 4 and 5 – 2019. See http://www.vancouverimpactfest.org/ for further details. Other events will be announced as they are scheduled.
In closing, I’m confident we are well-positioned as we continue to invest in and support our Blockchain entrepreneurs. These business initiatives would not be where they are today without the help of our employees, advisors, technical team and management. We will continue to rely on their best efforts as we build on our progress in the years ahead. Thank you and on behalf of our Bloxsar team, I appreciate your continued support. Cheers, Chris Greyling [email protected] Contact For further information with Investor Relations: [email protected] Phone: 1-833-BLOXSAR (256-9727) For Business Development & Corporate Inquiries: Chris Greyling [email protected] Forward-Looking Statements The information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Bloxsar Tech Ventures Inc. cautions that all forward-looking statements are inherently uncertain and that actual results may be affected by several material factors, many of which are beyond Bloxsar Tech Venture Inc’s control. Copyright © 2019 Bloxsar Tech Ventures Inc, All rights reserved. You are receiving this email because you opted in to receive them on our website. Our mailing address is: Bloxsar Tech Ventures Inc 200 – 62 W8th Ave Vancouver, British Columbia V5Y 1M7 Canada Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.
