In a news release, Blockchain Holdings Ltd. (BCX:CSE)announced that it plans to change its official corporate name to TraceSafe Inc. The firm indicated that it intends to continue focusing on data and analytics and growing its wearable safety technology business, which is often referred to as "Safety Tech." The company stated that it will also be actively engaged in implementing new and incremental safety tech solutions for enterprise and large-scale Venues.
The company's President and CEO Wayne Lloyd commented, "So far, the feedback on the TraceSafe's Safety Tech lineup has been stronger than anticipated with governments implementing the Tracesafe technology as part of official programs and pilot programs. We are very excited to unveil ongoing product expansions into Enterprise and Venues."
The firm stated in the news release that in addition to the corporate name change, it will be changing its ticker symbol to "TSF" for its shares listed on the Canadian Securities Exchange. The company advised that it intends to issue another press release very soon in order to announce the date on which the new ticker symbol go into effect.[NLINSERT]
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