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Boardwalktech Software Granted Patent on Cell-Based Database Management
Boardwalktech Software Granted Patent on Cell-Based Database Management Canada New...
About this update from Boardwalktech Software Corp.
[{"type":"text","content":"\n\n\n\nBoardwalktech Software Granted Patent on Cell-Based Database Management\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCUPERTINO, CA, Sept. 27, 2018\n\n\n\n -Expecting Fiscal Second Quarter Bookings to be up over 30% Q/Q-\n CUPERTINO, CA, Sept. 27, 2018 /CNW/ - (TSXV:BWLK) – Boardwalktech Software Corp. (\"Boardwalktech\"), a leading enterprise blockchain software company, announced today that it has received the Notice of Allowance (grant) for a Cell-Based Database Management System patent. This method forms the fundamental data organization to create blockchains and structure payloads of transactions, and is an essential component for multiple parties to exchange time sensitive transactional information.  Further, this method allows for rapid development of blockchain applications. Over the past decade, this technology has been used by Boardwalktech with customers in the areas of finance, tax, insurance and supply-chain management (including over 25 Fortune/Global 500 companies), and is part of the recently launched Boardwalktech Enterprise Blockchain platform, currently being adopted by new and existing customers.\nCompany Expects Solid FY-2Q Bookings Focused on the Company's patented shared digital ledger platform, Boardwalktech now expects total bookings for its FY-Q2, ending September 30, 2018, will finish in excess of $1.3 million, representing a sequential increase of over 30% Q/Q. Boardwalktech's growth over the quarter is driven by a solid recurring license base and services revenue increases, plus incremental business from both new customers and existing customers who are expanding the use of the software service. \n\"Strong bookings and sales results for our second quarter validates the confidence our customers have in the strength and stability as well as innovative products and solutions the Boardwalktech platform offers. The combination of an outstanding customer base recognizing quantifiable results using proven technology with deep expertise and leadership in the blockchai...