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Sector:  Technology, Energy, Industrial, Utility   :

 

News Release - April 20, 2018 4:38 PM ET 

 

 

Datametrex provides initial mining activity update for subsidiary Ronin, and appointment of new CTO for its Nexalogy artificial intelligence and machine learning division

 

NEW YORK, NY, April 20,  2018 /Sector Newswire/ -- Datametrex AI Limited (TSX-V: DM) (FKT:D4G) (OTC: DTMXF) this week announced two news releases of significance; 1) that its wholly owned subsidiary, Ronin Blockchain Corp., has begun mining a combination of alt coins such as Zcash, Zcoin and Monero as well as Ethereum in both its Quebec and China locations, and 2) that the Company has appointed Marshall Gunter, as the new Chief Technology Officer (CTO) for its Nexalogy artificial intelligence and machine learning division.

 

The following are excerpts of news from this week, followed by a contributed editorial opinion on Datametrex.

 

 

 

Excerpt of April 18, 2018 news release from Datametrex AI Limited regarding its Ronin cryptocurrency mining division:

 

Datametrex Subsidiary Ronin Blockchain Initial Mining Activity

 

TORONTO, April 18, 2018 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV:DM) (FSE:D4G) is pleased to announce that its wholly owned subsidiary, Ronin Blockchain Corp., has begun mining a combination of alt coins such as Zcash, Zcoin and Monero as well as Ethereum in both its Quebec and China locations. Ronin looks to maximize its 150 MW capacity in China and is also in discussion with a number of industry strategic partners that see the value in this massive footprint.

 

“The China jurisdiction along with the support from our partner GoSun has tremendous advantages and economies of scale. This footprint is one of the largest in the cryptocurrency mining sector today and should give Ronin key advantages,” says Michael Frank, CEO of Ronin Blockchain. 

 

About Ronin Blockchain Corp.

Ronin Blockchain Corp., is a wholly owned subsidiary of Datametrex AI Limited. Ronin’s business model is based on a centralized AI powered mining platform to operate a geo-diversified footprint of industrial scale Blockchain mining operations. Ronin has the potential to deploy state of the art mining capability across high value mining locations in North America, Asia and Europe from a centralized command center to maximize efficiency and profitability for GPU-based mining. Additionally, Ronin will also investigate further use of its expertise in software development and Artificial Intelligence algorithms to develop future revenue streams within the Blockchain space.

 

About the Company

Datametrex AI Limited is a technology focused company with exposure to four exciting verticals. Big Data, collecting data from retail point of sale environments, Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com). Implementing Blockchain technology for secure Data Transfers through its joint venture company, Graph Blockchain (www.graphblockchain.com). and Industrial Scale Cryptocurrency Mining through its wholly owned subsidiary, Ronin Blockchain Corp. (www.roninblockchain.com).

Additional information on Datametrex is available at: www.datametrex.com

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Excerpt of April 19, 2018 news release from Datametrex AI Limited regarding Nexalogy division:

 

Datametrex Announces Appointment of New CTO for Nexalogy

 

TORONTO, April 19, 2018 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV:DM) (FSE:D4G) is pleased to announce that its wholly owned subsidiary, Nexalogy AI (“Nexalogy”) has appointed Marshall Gunter, as the new Chief Technology Officer (CTO).
 

Mr. Marshall has lead engineering teams both large and small to drive and build great ideas into successful products. His engineering background is rooted in big data analysis and machine learning at scale. He has architected systems for both breadth and depth of data ingestion and throughput, processing billions of data points a day across hundreds of terabytes of footprint.

 

Working with Sequoia Capital and Lightspeed Venture Partners, Marshall was responsible for bringing Varagesale to the mass market. Marshall took Varagesale from a one room shop to a powerhouse engineering department of 60 plus people and played a leading role in their $35-million-dollar raise.

 

At iSentium, working with a team linguists and machine learning experts, Marshall lead the team that built iSentium’s sentiment engine. iSentium uses patented Natural Language Processing (NLP) to extract sentiment from unstructured social content then instantly transforms it into highly actionable indicators in finance, brand management and politics, handling billions of data points to harness the power of the masses as they tweet and text.

 

“I am thrilled to be joining the Nexalogy team and look forward to adding my skill and experience to Nexalogy's forward thinking AI solutions. The road ahead is exciting and full of opportunity.” said Marshall Gunter, CTO of Nexalogy.

 

“This marks a key milestone in Nexalogy’s growth. Marshall has the perfect combination of NLP, machine learning and management skills to lead Nexalogy’s technological and artificial intelligence development. In my opinion, he is one of the most experienced technology CTO’s in Canada and his leadership will add tremendous value to our team.” said Claude Théoret, President of Nexalogy.

 

“We are thrilled to add Marshall to the Nexalogy team. This is an important step for Datametrex in positioning Nexalogy for continued growth.” said Jeff Stevens, President and COO of Datametrex AI Limited.

 

About Nexalogy

Nexalogy AI solutions unlock valuable insights from social media data. Through its proprietary semantic clustering algorithms, it provides insights and analysis that aren’t available through traditional business intelligence technology. This technology makes data more relevant and is the missing link in providing actionable social media intelligence to governments and organizations all over the world.

 

About Datametrex AI Limited

Datametrex AI Limited is a technology focused company with exposure to four exciting verticals. Big Data, collecting data from retail point of sales environments. Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com). Implementing Blockchain technology for secure Data Transfers through its joint venture company, Graph Blockchain (www.graphblockchain.com). Industrial scale Cryptocurrency Mining through its wholly owned subsidiary, Ronin Blockchain Corp (www.roninblockchain.com).

 

Additional information on Datametrex is available at: www.datametrex.com

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The following is a contributed editorial opinion on Datametrex:

 

Blockchain AI powerhouse Datametrex a solution provider for IBM, Hyundi, Lotte

 

Look for Datametrex AI Limited (TSX-V: DM) (FKT:D4G) (OTC: DTMXF) to outperform its sector: “Datametrex’s Graph Blockchain technology is getting referrals from its sales partner IBM as Graph’s technology is believed to be one of the most effective technologies to store, manage and present Blockchain transactions specifically in peer-to-peer networks, and has shown unique advantages for mission critical applications. In short, Datametrex’s Graph Blockchain Limited subsidiary is considered ‘best-of-breed’ in the blockchain sector, and buying shares of Datametrex now should secure you a dividend of shares (1 share for every 20 you own of TSX-V:DM) from the upcoming/planned spin-out of its Graph Blockchain division”
 
The following categorized list of blockchain projects have been defined as "in the pipeline" by Datametrex, either in some level of discussion (potential/targeted) or actual development: real-time transactions (e.g. public infrastructure, fintech industry), asset smart contracts (e.g. real estate, vehicle and equipment sales, logistics), document and certificate authentication (e.g. medical industry, education sector, document management).
 
Datametrex AI Limited (TSX-V: DM) (FKT:D4G) (OTC: DTMXF) is at the fore of blockchain and big data AI machine learning technology. All of Datametrex’s core divisions are breaking new ground; 1) Its Graph Blockchain Ltd. division is increasingly a go-to solution provider for IBM regarding the implementation of blockchain technology for secure data transfers, 2) its 100%-owned Nexalogy division is attracting major names for its expertise in artificial intelligence and machine learning, and 3) its 100%-owned industrial-scale cryptocurrency mining Ronin Blockchain Corp. division has this April 12, 2018 commenced mining in two geographies, activating its 150MW of available capacity with Gosun Group in Asia, and mining facilities in the province of Quebec, Canada.
 
Datametrex offers exceptional opportunity for investors seeking exposure to the cutting edge of blockchain technology expected to be a major driver of the next generation economy and related business data infrastructure.
 
Datametrex, through its Graph Blockchain subsidiary, have recently been presenting with IBM (Graph’s sales partner) to a number of financial and insurance institutions for blockchain projects. Graph Blockchain is already working on two projects with IBM as sales partner; 1) building a prototype for KB Life Insurance Co, Ltd., and 2) a prototype for an electric power and utility project.
 
The Graph Blockchain technology is considered ‘best-of-breed’ in the blockchain community, involving unique intellectual property which provides a compelling way of organizing, analyzing and displaying Blockchain transactional data in real time. The Graph database technology being developed processes Blockchain data up to 1,000 times faster than traditional methods from 7 transactions per second (TPS) to 7,000 TPS. Additionally, information can be presented much faster and more effectively.
 
Graph Blockchain is a 50-50 joint venture (JV) Datametrex started with San Francisco-based Bitnine which has vended-in its cutting-edge Graph Database technology. Graph is a spinout that Datametrex and Bitnine have planned for 2018 that is expected to see shareholders of DM.V receive 1 share of Graph Blockchain Limited for every 20 they hold of DM.V. (the record date not been set yet, look for guidance on this soon). Datametrex corporately will also retain a ~20% interest in the new publicly traded entity. Graph has already been sufficiently financed with seed financing from Datametrex of $3.5M, and thus it is likely only a very nominal financing will accompany the IPO for the main purpose of establishing price.
  
AI Machine Learning Technology
Datametrex is also attracting big names to its 100% owned Nexalogy division, an emerging leader in the Business Intelligence marketplace with a strong focus in social data analysis. Recent related news releases are compelling testimonials to the power of its technology:
 
- March 27, 2018 "Datametrex AI Negotiating with Hyundai".
- March 22, 2018 "Datametrex AI Provides Update on Negotiations with Lotte".
 
The Nexalogy division is able to filter through large volumes of structured and unstructured data and proactively discover patterns, opportunities, and concerns using proprietary software and methods. The Nexalogy division already has growing revenues, servicing high-level federal government contracts, and has recently expanding its product line. Additionally, some of the contracts Nexalogy is able to facilitate involve Datametrex’s ability to cross-pollinate divisions, employing both Nexalogy and Graph Blockchain technologies.
  
Datametrex’s other key division involves industrial-scale cryptocurrency mining through its wholly owned subsidiary, Ronin Blockchain Corp. Datametrex announced that as of April 12, 2018 it has begun mining, having activated Ronin’s whopping 150MW of available capacity with Gosun Group in Asia and its planned Quebec-based initiatives. Ronin Blockchain is positioned to scale up activity and take advantage of the framework it has to build-out one of the largest cryptomining footprints in the sector.
 
Datametrex AI Limited presents an exceptional opportunity, its current market cap is poised for upward revaluation to reflect its increasing ‘go-to’ status for big names looking for blockchain/AI solutions, and as smart-money further recognizes TSX-V:DM as an ideal way to position for exposure to this new sector of the economy.
   

The following URLs have been identified for additional DD on Datametrex AI Limited:

  

Corporate webpage: https://www.datametrex.com

SEDAR: Click here for SEDAR link

Recent Technology Journal Review: http://technologymarketwatch.com/dm.htm

 

 

This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell any of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URL(s).

 

 

SOURCE: Sector Newswire editorial

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