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DMG Blockchain Solutions Inc. (OTC: DMGGF) (TSXV: DMGI) Breaking News
March 21, 2018

 

DMG Blockchain Solutions Provides Sales Update, and Detailed Description of Strategic Partnerships


Key Achievements & Operational Highlights

1. 2,650 Mining Rigs Sold: MAAS allocated 4MW of power sold out in just the past few months
2. Power Update: DMG expects an additional 40MW ready for Spring 2018
3. Bitcoin Mining: Launching what could be the largest industrial bitcoin mining complex in North America with power capacity of up to 85 megawatts
4. Blockseer and AI: Carefully managed M&A plan underway with the acquisition of leading Silicon Valley-based artificial intelligence (AI) and Blockchain company, Blockseer
5. Key partnerships that can be catalysts for growth and margin expansion (Bitmasters, Foreside Financial, Mogo, Emerald Therapeutics, Element Fleet Management, D-Link, Primary Engineering and Cannachain)
6. More than $35 million raised since November 2017 with institutional ownership of more than 20%


Vancouver, British Columbia --March 21, 2018 -- DMG Blockchain Solutions Inc. (OTC: DMGGF) (TSXV: DMGI) (“DMG” or the “Company”) a diversified blockchain and cryptocurrency company, announced today that it has sold out it’s current capacity of 2,650 mining rigs for its cryptocoin Mining-as-a-Service (MaaS) business. Under the unique MaaS business model, customers purchase the mining rigs and receive all the bitcoin directly and DMG provides hosting and management services - a stable and predictable revenue stream. Additionally, the company’s Q1 operational milestones include construction of a new 85 megawatt mining facility, the acquisition of A.I. leader Blockseer, and signed agreements with key partners including D-Link, Primary Engineering, Emerald Therapeutics, Mogo, Foreside Financial, and Bitmasters.

DMG CEO Dan Reitzik commented, “This is the first quarterly report for our shareholders and the first of many to come. We continue to provide our shareholders with opportunities other crypto players do not see, or are unable to execute on, due to our experience and relationships built over several years in the industry. DMG is not only establishing itself as the leader in crypto mining but in blockchain and AI platform development with our recent acquisition of Blockseer. Our pipeline is strong and exciting and few have it. In fact, market weakness has created more opportunities for DMG as power providers are getting more educated as to who they want to deal with. We thank our investors and customers for all their support to date.”

MaaS Currently Sold Out

To date, DMG has received overwhelming demand for its MaaS service, meaning DMG is currently completely sold out of available capacity (4MW) allocated to this service. Major orders have come from leading Japanese clients including Foreside Financial and Bitmasters. An additional 40 megawatts of capacity is expected to be in place this spring (May/June 2018), and we have now started discussions regarding additional orders, primarily from Asian clients.

DMG Focus

DMG recognized from inception that an experienced management team with deep knowledge of cryptocurrency and blockchain technology is requisite to be successful. Our management team includes three former executives from Bitfury (considered to be the world’s second largest bitcoin mining company). Our technology team includes Danny Yang, a Stanford Ph.D. in Computer Science and Artificial Intelligence, and Tim Eller, Ph.D (Mathematics), a graduate of UCLA, Cambridge and Harvard. The team includes developers having worked at Uber, Lyft, Google, and Facebook. With Blockseer’s deep understanding of Blockchain transactions, DMG is poised to be a leader in cryptocurrency forensics. DMG’s Forensics business is led by Certified Fraud Examiner (CFE) Simon Padgett, an English chartered accountant (ACCA) with a Canadian CPA and MBA from University of Oxford.

DMG Business Strategy

DMG’s primary objective is to monetize the Blockchain ecosystem. DMG does this in three ways: 1) mining cryptocurrency on an industrial scale (processing global bitcoin transactions), 2) extracting rich data analytics from public blockchains, 3) providing enterprises with permissioned blockchain solutions that create efficiencies and new sources of revenue by combining DMG’s proprietary blockchain technology with the customer’s deep domain knowledge. To achieve this, DMG brings unique expertise for: 1) mining at scale - tens of megawatts of mining, which may expand to hundreds, 2) merging artificial intelligence (AI) with blockchain technology, which together can enable new business models for monetization of data.

DMG Operations

DMG is building an organization focused on operational excellence. DMG aims to achieve this in several ways: 1) further expand the team with the experience to meet and exceed set goals, 2) implement a tightly integrated supply chain whereby suppliers and subcontractors are partners integral to the operations planning process, 3) diligently manage complexity by continuously simplifying both the business model and operational procedures.

Bitcoin Mining

DMG is on track to becoming one of North America’s leading bitcoin mining companies, and is in the process of adding significant new capacity for bitcoin mining. Under the leadership of Sheldon Bennett, who previously led Bitfury’s Canadian industrial mining deployment, DMG has begun to energize this new flagship facility, which at capacity, should have up to 85 megawatts of power. Once fully operational, this will be North America’s largest single location crypto-mining facility. For context, 85 megawatts can power a small city with a population of about 50,000 residents. The facility is currently equipped with over 4 megawatts, and we expect an additional 40 megawatts readied by late Spring 2018. The remaining infastructure is expected to be ready by Fall 2018 which is able toprovide 85 megawatts in total.

Blockseer and AI

Additionally, DMG has moved to bring together the world’s of blockchain and artificial intelligence with the acquisition of Silicon Valley-based Blockseer (Datient Inc.). Blockseer has an expanding team of blockchain, AI, and data scientists based in Silicon Valley and an existing, established customer base that includes Bitstamp, Intuit, and Blockchain.info, one of the world’s largest cryptocurrency wallet providers. This acquisition also vaults DMG into a leadership position in Blockchain Forensics, with the proprietary analytics to service a variety of clients, including government agencies such as the FBI, Homeland Security, and the IRS as well as legal and accounting firms. The merging of AI and blockchain technologies have a wide variety of possible applications, including anti-money laundering (AML), cryptocurrency trading analytics, anonymized data mining of permissioned blockchains and blockchain solutions where data itself is the asset. AI is a significant growth market with a “a compound annual growth rate (CAGR) of 57% between 2017 and 2025 to become a $36 billion market according to Grand View Research.”

Key partnerships

Blockchain technology enables the ‘Automation of Trust’. This may disrupt many industries, as it has the potential for cost savings through greatly improved efficiencies as well as reducing the fraud and friction native to legacy systems. Bitcoin and other cryptocurrencies are simply the FIRST successful and widely adopted applications of blockchain technology.
 Our goal as a company is to use our blockchain expertise in partnership with our clients’ deep domain knowledge to develop enterprise platforms tailored to their particular use cases. 
 


As announced on December 4, 2017, DMG and Element Fleet Management (TSX:EFN) are working towards the development of a leading-edge Artificial Intelligence and blockchain solution for fleet-management, that is expected to result in greater efficiencies and cost-savings for Element’s fleet customers and business partners. This platform will enable predictive analytics based on the extensive data that Element has gathered on their vehicles and drivers.
In addition to having Element as a collaborative partner, Element also purchased 9.9% of DMG.

On January. 23, 2018 DMG signed a new agreement with Mogo Finance Technology Inc. (TSX: MOGO) one of Canada's leading financial technology companies through the formation of their new subsidiary – Mogo Blockchain Technology Inc. Mogo Blockchain plans to begin bitcoin mining, through an agreement with DMG bitcoin mining hosting (mining as a service (MaaS)) and diversified blockchain platform development. The expansion into bitcoin mining follows Mogo's announcement regarding the launch of MogoCrypto – a new product that will allow Canadians to easily buy and sell bitcoin through their MogoAccount and will bring a new level of convenience and transparency to bitcoin ownership.

As announced on January 26, 2018, CannaChain, which is a partnership between DMG and Emerald Therapeutics (TSX:EMH), one of Canada’s largest Licensed Producers for cannabis. Blockchain technology is ideally suited for the cannabis industry, as ensuring consumer safety, tracking provenance of product and regulatory/tax reporting are all key requirements. The supply chain management platform will enable irrefutable tracking of product from licensed producers to end patients and consumers nationwide. This platform can be customized for other governments and regions based on their requirements.

Select Media Coverage

CBC News | What's fuelling the potential bitcoin mining boom in Canada
Motley Fool | Marijuana and Blockchain: A Match Made in Heaven?
Inc. | Cryptocurrencies Are Creating Billion-Dollar Industries. The Next? Mining As A Service

Investor Relations Materials
https://www.dmgblockchain.com/investors.html
DMG Press Releases
https://www.dmgblockchain.com/news.html

Investor Relations: John Martin
Toll Free: 1-888-702-0258
Email: investors@dmgblockchain.com
Web: www.dmgblockchain.com
Direct: 778-868-6470

SOURCE DMG Blockchain Solutions Inc.

 

DMG Blockchain Solutions and Primary Engineering Complete Phase 1 Crypto Power Study


Vancouver, British Columbia --March 15, 2018 -- DMG Blockchain Solutions Inc. (OTC: DMGGF) (TSXV: DMGI) (“DMG” or the “Company”) a diversified blockchain and cryptocurrency company and Primary Engineering and Construction (“Primary”), an Electrical Engineering and Construction firm, today announced their joint initiative to study and improve power quality for crypto mining.

The goal of this collaboration is to analyze electrical characteristics and requirements for large scale crypto mining operations. Company COO Sheldon Bennett commented, “Recently we announced a best-in-class partnership with D-Link for switching and routing for our crypto mining operations and this week we announce a best-in-class partnership with Primary for infrastructure and power management. This Phase 1 report will translate into significant savings for DMG in power infrastructure costs, as our power providers will have a better understanding of our needs. Essentially, it will make it easier for the utilities’ industry to work with us which is yet another market leading initiative.”

Phase 1 of the study has been completed
The results of Phase 1 served as key inputs for the system impact study conducted by the local grid operator. Anthony Bowers, Specialist Engineer – Primary, commented, “As crypto mining facilities are new to utility companies, using regular industrial load assumptions can have significant implications; it’s great to see DMG has set out to ensure the right data was made available to ensure a smooth interconnection process.” DMG has agreed to allow Primary to use the results of the studies as the basis for Primary’s upcoming submission to the Institute of Electrical and Electronics Engineers (IEEE) for consideration at an upcoming conference.

Phase 2 of the study is underway
Phase 2 of the study will expand the sample size from the original test system to a larger production system. This allows greater focus on optimizing the actual power system design for crypto mining, including measuring the larger scale system (multi-megawatt) energy consumption, peak kilowatt demand, power factor and system harmonics. The effect of harmonics is relatively unknown in the crypto mining community. As such harmonics are of particular interest to DMG as they can interfere with the continuous operation of the crypto mining units.

Sheldon Bennett, COO of DMG, commented, “This partnership with Primary and their ability to quickly understand our power needs would have been advantageous when I was building my first 58 megawatts in Alberta; however with Primary’s insight DMG’s current facility (designed for up to 85 megawatts) will benefit from this information as well as the upcoming plans for DMG’s next build-outs, which are in the 100s of megawatts.”

About Primary
Primary Engineering and Construction Corporation (Primary) was founded in 2002 as a specialist electrical engineering design and design-build firm in Calgary, Alberta. Since then, Primary has rapidly expanded across Western Canada with office locations in Kelowna, Victoria, Vancouver, Calgary, Edmonton, Saskatoon, and Regina. With a focus in electrical and telecom. utility infrastructure, Primary is actively involved in renewable energy, grid modernization, power quality, system renewal and expansion projects across the country.

About DMG Blockchain Solutions
DMG Blockchain Solutions Inc. is a diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end solutions to monetize the blockchain ecosystem. DMG intends to be the global leader in bitcoin mining hosting – Mining as a Service (MaaS), bitcoin mining, blockchain forensics/analytics, and blockchain platform development.

For more information on DMG Blockchain Solutions (TSX-V:DMGI) (OTC:DMGGF) visit: dmgblockchain.com

Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information based on current expectations. Statements about the Company’s plans and intentions, improvement of power quality, the Phase 2 study, build-outs and additional megawatts, other potential transactions, product development, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as “may”, “expect”, “plans”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment and power; market conditions and the demand and pricing for products; the demand and pricing of bitcoins; security threats, including a loss/theft of DMG’s bitcoins; DMG’s relationships with its customers, distributors and business partners; DMG’s ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, that there will be sufficient power to operate its bitcoin mining machines, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

The securities of DMG are considered highly speculative due to the nature of DMG’s business.

Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, lack of supply of power, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, competition, security threats including stolen bitcoins from DMG or its customers, consumer sentiment towards DMG’s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, increase in operating costs, increase in equipment and labor costs, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investor Relations: John Martin
Toll Free: 1-888-702-0258
Email: investors@dmgblockchain.com
Web: www.dmgblockchain.com
Direct: 778-868-6470

SOURCE DMG Blockchain Solutions Inc.

 

DMG Blockchain Expands into Silicon Valley with Acquisition of Industry Leading Crypto-Analytics and A.I. Leader, Blockseer


Vancouver, British Columbia --March 07, 2018 -- DMG Blockchain Solutions Inc. (OTC: DMGGF) (TSXV: DMGI) (“DMG” or the “Company”) is pleased to announce the formal closing of the previously announced acquisition of Datient Inc., doing business as “Blockseer” (the “Transaction”).

The combined DMG – Blockseer alliance represents a strong competitive advantage in providing leading cryptocurrency forensics and proprietary real-time risk scoring for compliance and anti-money laundering (AML). Additionally, Blockseer’s blockchain and data analytics expertise provides the capabilities to uniquely offer class-leading enterprise solutions with a natural convergence of Blockchain and artificial intelligence technologies – data is the asset, which can be tracked and monetized utilizing blockchain technology.

Blockseer is a blockchain and artificial intelligence company headquartered in Silicon Valley, California. Blockseer has worked with several law enforcement agencies including the U.S. Secret Service, Federal Bureau of Investigation, and the Internal Revenue Service, and it also provides Ethereum blockchain data services for Blockchain.info, one of the world’s largest cryptocurrency wallet providers. Blockseer provides data analytics and incorporates artificial intelligence to provide insight into what is happening with digital currencies and blockchains.

Blockseer’s intellectual property (IP) includes two (2) United States provisional patents: (a) Providing Data Provenance, Permissioning, Compliance, and Access Control for Data Storage Systems Using an Immutable Ledger Overlay Network; and (b) Off Network Identity Tracking in Anonymous Cryptocurrency Exchange Networks.

Blockseer’s current team comes from Stanford, Harvard, University of Chicago, Carnegie Mellon and Columbia with deep experience in artificial intelligence, big data, and blockchain and is led by its Chief Executive Officer and founder, Danny Yang. Its advisors include Andreas Weigend, Bill Tai, Stephen Sorkin, Vas Bhandarkar, Phil Porras, and Brian Klein, and its influential shareholders include Charlie Lee, the founder of Litecoin.

“To date, DMG has received recognition as a market leader in the crypto mining space, and now with the Blockseer acquisition, DMG can claim leadership in the blockchain development arena and deliver on its commitment to be a diversified blockchain company. Blockseer is not a single blockchain application, but a blockchain development engine for multiple applications with well-known global customers. We believe that the Blockseer team is amongst the most talented in the industry today, and we welcome Dr. Danny Yang and the Silicon Valley team to DMG,” said Daniel Reitzik, CEO and Director of DMG.

Chris Filiatrault, DMG’s Chairman and Founder added, “Japan remains the largest crypto market in the world, and very few non-Japanese companies have been successful. With the Blockseer product line, and the DMG presence in the market today, Japan represents a massive opportunity for our stakeholders. We have already planned a visit for Dr. Danny Yang to visit Japan and look forward to sharing our progress in short order.”

Terms of the Transaction
Under the terms of the Transaction, DMG, through its U.S. subsidiary (“DMG-US”), acquired Blockseer for a purchase price comprising C$2,630,769 in cash and 7,673,076 common shares of DMG (the “Transaction Shares”).

The Transaction Shares issued to the former Blockseer securities holders will be subject to vesting with such shares vesting ratably on a calendar quarterly basis over a two-year period following the Closing (the “Trading Restrictions”).

Following the Transaction, DMG-US will own 100% of Blockseer, with DMG-US shares being owned approximately 61% by DMG and approximately 39% by the selling securityholders of Blockseer.

Upon completion of the Trading Restrictions, each individual holder of the DMG-US shall have the option to exchange such shares at the election of the holder 1-for-1 for DMG common shares, which will be fully tradable subject to the regulations of the TSX Venture Exchange. Additionally, in the event that upon completion of the Trading Restrictions, the per share price of DMG’s common shares is greater than C$0.40 (as adjusted for stock splits and consolidations), then DMG, at its sole election, shall have the option to exchange all of the shares of DMG-US held by the former security holders of Blockseer 1-for-1 for common shares of DMG, which will be fully tradable shares in accordance with the policies of the TSX Venture Exchange.

About DMG
DMG Blockchain Solutions Inc. (TSX-V:DMGI) is a diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end solutions to monetize the blockchain ecosystem. DMG intends to be the global leader in bitcoin mining hosting – Mining as a Service (MaaS), bitcoin mining, blockchain forensics/analytics, and blockchain platform development.

Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information based on current expectations. Statements about the Company’s plans and intentions, other potential transactions, product development, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoins; security threats, including a loss/theft of DMG’s bitcoins; DMG’s relationships with its customers, distributors and business partners; the inability to add more power to DMG’s facilities; DMG’s ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

The securities of DMG are considered highly speculative due to the nature of DMG’s business.

Factors that could cause the actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, competition, security threats including stolen bitcoins from DMG or its customers, consumer sentiment towards DMG’s products, services and blockchain technology generally, failure to develop new and innovative products, litigation, increase in operating costs, increase in equipment and labor costs, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Investor Relations: John Martin
Toll Free: 1-888-702-0258
Email: investors@dmgblockchain.com
Web: www.dmgblockchain.com
Direct: 778-868-6470

SOURCE DMG Blockchain Solutions Inc.

 

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About DMG Blockchain Solutions Inc.:


DMG is a diversified cryptocurrency and blockchain platform company that is focused on the two primary opportunities in the sector – mining public blockchains and applying permissioned blockchain technology to address the fraud and friction that plagues the movement of value through supply chains. DMG’s strategy is to become the domain experts in verticals across many industries – agriculture, pharmaceuticals, energy, precious metals, transportation, financial services and manufacturing.

DMG’s management team includes seasoned bitcoin mining experts, forensic & financial professionals, blockchain developers, with deep relationships throughout North America and Japan, with previous experience working at Bitfury, PwC, EY, Cisco and UBS

BITCOIN MINING AND HOSTING
Known as MaaS - Mining as a Service Management of Bitcoin mining facilities on behalf of third parties globally.

BLOCKCHAIN TECHNOLOGY PLATFORMS
Development of Blockchain platforms for Supply Chain, IoT and Payments

FORENSICS AND BLOCKCHAIN ANALYTICS
Our Certified Fraud Examiners (CFEs) work in partnership with Blockchain analytic software companies

DMG LEADERSHIP
DAN REITZIK CEO, DIRECTOR
Dan Reitzik is a successful entrepreneur having built companies at the forefront of societal change. These include Digital Youth Network, a teen focused wireless community, which was a joint venture between Rogers Wireless, Canada’s largest mobile phone network, and Universal Music, the world’s largest record label.

SHELDON BENNETT CHIEF OPERATING OFFICER, DIRECTOR
Sheldon Bennett has over 20 years of management experience leading international companies including PwC, Ernst & Young, Baker & McKenzie, Cisco Systems and Fonterra CIS. For the past three years Sheldon led BitFury’s Canadian mining operations, where he was responsible for the setup and development of industrial bitcoin mining operations, including government relations, power optimization with Canadian utilities, and the engineering and development of mining operations. BitFury is one of the world’s largest blockchain and cryptocurrency mining companies.

CHRIS FILIATRAULT CHAIRMAN
Chris Filiatrault is a co-founder and director of DMG. For over 30 years, Mr. Filiatrault has been developing internet technology and software for the Japanese business market. In 1999, he founded Universal Objects Japan. In May of 2012, Mr. Filiatrault brought Bitcoin to the Japanese market and since that time, he has become a respected international authority on Bitcoin, opening the first Bitcoin ATM in Tokyo in 2014, and authored his first book about Bitcoin in Japanese.

STEVEN ELISCU EVP CORPORATE DEVELOPMENT
Steven Eliscu is a special advisor to the DMG Blockchain Solutions board of directors. He was most recently Head of Finance at Bitfury, a leading blockchain and cryptocurrency company. Prior to Bitfury, Steve had his own consulting business, during which he was part of a corporate development team that executed a half-billion dollar acquisition. Prior to that Steve was an equity research analyst at UBS for 9 years, during which he covered semiconductor companies with an aggregate market cap in excess of $200 billion. He has also worked in executive marketing and business development roles in the semiconductor and network equipment sectors.

DANNY YANG CHIEF TECHNOLOGY OFFICER
Danny Yang has founded several companies innovating on blockchain and artificial intelligence. He is the CEO of Blockseer, a blockchain analytics company that specializes in data analysis and anti-money laundering (AML) for digital currencies. Previously, Danny founded Maicoin, a cryptocurrency services platform that included wallet, exchange, and merchant services. Danny also founded ScoreData and Seravia, both data science companies, and before that was an early employee at Like.com, a computer vision company later acquired by Google. Danny has a BA in Chemistry and Physics from Harvard, and a PhD in Computer Science from Stanford.

SIMON PADGETT FORENSICS AND DIRECTOR
Simon Padgett is a British ACCA Accountant with a Canadian CPA and an MBA from Oxford. He is also a CFE (Certified Fraud Examiner) with over 25 years of experience as Head of Internal Audit, Risk Management and Corporate Governance, with a particular focus on and specialism in Forensic Accounting and Fraud and Corruption Investigations, Anti-Fraud Programs and Anti-Money Laundering.He has worked for the big 4 Accountancy firms including 6 years at Ernst & Young in South Africa and KPMG in the Caribbean Region.

RYAN CHEUNG CFO & DIRECTOR
Ryan Cheung is the founder and managing partner of MCPA Services Inc., Chartered Professional Accountants, in Vancouver, B.C. Leveraging his experience as a former auditor for junior venture and resource companies, Mr. Cheung serves as a director and/or officer or consultant for public and private companies providing financial reporting, taxation and strategic guidance. He has been an active member of the Chartered Professional Accountants of British Columbia since January 2008.

TIMOTHY ELLER DATA SCIENCE
Timothy Eller. As a Data Science leader in the on-demand transportation space, Tim Eller hasled technical projects at Uber, and he founded the Data Science team at Luxe before its acquisition by Volvo in 2017. Prior to that, he invented dynamic pricing algorithms at Lyft, introducing the use of Markov Decision Processes to optimize target objectives. In 2014, Tim was issued a patent for his invention of a method of Anonymous Collaborative Auctions, the Intellectual Property of a start-up he co-founded in 2011. Tim holds a PhD in Mathematics from UCLA, a Master of Mathematics from Cambridge University, and an AB in Mathematics from Harvard College.

DEVELOPMENT TEAM
EUGENE FILIATRAULT SERVER OPERATIONS MANAGER
Eugene Filiatrault is based in Edmonton and manages the existing DMG mining facility as well as overseeing the construction of seacan server farms. Eugene has spent the past few years working with our Japanese partners at BMEX Corporation, developing the BMEX Bitcoin wallet and ATMs.

ADRIAN GLOVER DIRECTOR, SOFTWARE ENGINEERING
Adrian Glover is an 18 year software industry professional, who has over 10 years of experience delivering software products as a Project and Development Manager. His experience began in research & development and includes one of the first connected mobile applications using Geographical Information System (GIS) technology for asset tracking on Windows CE. As a Project Manager, Adrian was certified as a Project Management Professional (PMP) and mentored new Project Managers in the trade. He has successfully introduced Agile Project and Product Management techniques to multiple companies using industry standard tools and techniques. He has a track record of repeated success delivering products built on emerging technologies, including Big Data, VR, and Mobile VR.

PAUL WADSWORTH TECHNICAL DIRECTOR
Paul Wadsworth has over 20 years of software engineering experience and has a diverse set of skills having worked in various roles over 3 different continents. He started out in the video games industry before moving to Japan and working on mobile projects on all major carrier networks. Following that he was a lead iOS developer and consultant before becoming a full stack developer working with the latest technologies in the JavaScript space.

PRODUCTS & SERVICES
MINING AS A SERVICE
Mining as a Service - MaaS - Management of Bitcoin mining on behalf of third parties globally. MaaS enables anyone, anywhere the ability to mine crypto.

BLOCKCHAIN BASED SUPPLY CHAIN PLATFORM
DMG is working with an existing Licensed Producer to develop a platform ensuring complete provenance of controlled products through the entire supply chain.

FORENSICS & BLOCKCHAIN ANALYTICS
Our Certified Fraud Examiners (CFEs) use proprietary software tools, to perform investigations, and KYC and AML requirements, relating to both bitcoin and ethereum transactions.

CORPORATE MINING
DMG's blended model of MaaS, and DMG owned mining, allows DMG to benefit from the appreciation of BTC, while also ensuring known monthly hosting revenues.

PREDICTIVE ANALYTICS
DMG is working with the auto leasing industry, and using a combination of Blockchain and AI technology enables predictive analytics, increasing the life cycle of vehicles.

CONSULTING
DMG draws on its extensive knowledge and experience to help clients better understand how best to implement blockchain technologies into their businesses.

SOURCE: http://www.dmgblockchain.com/




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