Glance Technologies Inc. (OTCQB: GLNNF) (CSE: GET) is pleased to announce the completion of the purchase of the Blockimpact end-to-end cryptocurrency and blockchain solution from Ztudium Inc. In addition to acquiring the technology, Glance intends to leverage Ztudium’s experience and expertise in the crypto space as consultants with Dinis Guarda, CEO of Ztudium, joining Glance’s board of advisors.
On December 5, 2017 Glance entered into a definitive agreement to acquire all of the intellectual property comprising the Blockimpact platform in consideration for payment to Ztudium of US$1.1 million, 80% of which has already been paid and 20% of which shall be paid on completion of the integration of Blockimpact with the Glance Pay mobile payment platform.
Glance is now initiating the integration of Blockimpact with Glance Pay.
Blockimpact is a complete end-to-end cryptocurrency blockchain solution, which includes the following features:
- Biometric ID
- Blockchain Distributed Ledger Technology
- Digital messaging / group chat (with functionality similar to Whatsapp)
- Financial wallet
- Open application program interface (API)
- Crypto/token/fiat wallet (which allows seamless conversion between currencies)
- Reward system
- Encrypted cyber security
- In-app support system
- Document sharing
- Social network features
- Peer to Peer marketplace functionality
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