United Blockchain Corp Subsidiary, Blockchain Data Centers Inc. Completes Strategic Acquisition of Second Mining Data Center
10 Gennaio 2018 - 03:00PM
ADVFN Crypto NewsWire
Miami, FL
-- January 10, 2017 -- InvestorsHub NewsWire --
Miami-based United Blockchain Corp a wholly owned subsidiary United
American Corp ("UnitedCorp"), (OTC:
UAMA) announced today that
it
has acquired a
second
data center
facility in the West Island area
of Montreal,
Quebec Canada and will become an operation of it mining division as
Blockchain Data Centers Inc.
The leased
space which is fully built out with
Company-owned equipment and facilities is currently in
operation and ready to start hosting cryptographic token
mining servers
and has an
estimated capacity of over 100
servers.
The actual number of servers will be subject to air conditioning
and ventilation performance under deployment.
This
second data center
transaction is a
key component to the deployment of the
company's upcoming Telephone Number Blockchain
Transaction PSTN SIP-based network BlockNUM - as announced
on December
22nd. BlockNUM is targeting to be at the forefront of most major
cryptocurrency transactions
which
would
occur
in the
network between phone
numbers
on a
worldwide
basis. UnitedCorp's cryptographically-based
ledger blockchain
mining
data centers
will act
as gateway to all BlockNUM backend
transactions which would be
transferred to correspondent
external
cryptographically-based
distributed
ledger
networks.
The company's underlying
SIP-based
transport
tokens will be maintained
within the PSTN
networks. All tokens supported
by BlockNUM will be required to be
mined by nodes operated by
United Blockchain
in
it is data
centers for each of the cryptographic
networks such as
Bitcoin, Ethereum, Litecoin and others.
BlockNUM is currently patent pending
in the US and protected in countries
which are
members of the Patent Cooperation
Treaty.
"We are very
satisfied with the design and the performance achieved by the GPU
mining rig assembled by our company, and are now in position to make further
progress with the mining operations necessary for our upcoming
mainstream peer-to-peer token transaction network" stated Benoit Laliberte, CEO
of UnitedCorp.
About United American Corp
Established in
1992, United American Corp is a Florida-based development and
management company focusing on
telecommunications,
social media and blockchain network technologies.
For more
information, visit: www.unitedcorp.com
This news
release contains forward-looking statements that are subject to
various risks and uncertainties. The Company's actual results could
differ materially from those anticipated in such forward-looking
statements as a result of numerous factors that may be beyond the
Company's control. Forward-looking statements are based on the
expectations and opinions of the Company's management on the date
the statements are made, and the Company assumes no obligation to
update forward-looking statements should circumstances in
management's expectations or opinions change.
Source:
United American Corp
Contact:
Jenna Trevor-Deutsch
Investor Relations
investorrelations@unitedcorp.com
604 398 5000
ext:
109
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