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Millennium BlockChain Closes $5 Million Strategic Investment in BurstIQ
Millennium BlockChain Closes $5 Million Strategic Investment in BurstIQ.
About this update from Thc Therapeutics, Inc.
[{"type":"text","content":"\n\n\n\nMillennium BlockChain Closes $5 Million Strategic Investment in BurstIQ\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\n\n\n\n\n\nMillennium BlockChain Closes $5 Million Strategic Investment in BurstIQ\nBlockchain holding company to take equity position in leading U.S. based enterprise-level blockchain health data company\nPR Newswire\nLAS VEGAS and MANHATTAN BEACH, Calif., April 25, 2018\n\n\n\nLAS VEGAS and MANHATTAN BEACH, Calif., April 25, 2018 /PRNewswire/ -- Millennium BlockChain Inc. (OTC: MBLC) (the \"Company\"), a holding company focused on blockchain technologies and crypto-assets, today announced the closing of its $5 million investment in HIPAA-compliant enterprise-level blockchain data leader BurstIQ Analytics Corporation (\"BurstIQ\"). \n\nBurstIQ offers a proprietary, HIPAA-compliant enterprise-level blockchain data platform that is purpose-built to enable an entirely new healthcare marketplace for securely managing, sharing, monetizing and productizing health data. The company's enterprise customers utilize the platform to access new data sources, develop data-driven products and services, and establish marketplaces for insurance products, precision medicine services, personalized health and wellness products, healthcare services and more. BurstIQ's customers include major healthcare institutions, OEM data partners, unions, life science and pharmaceutical companies, insurance partners, government agencies and sovereign nations. \n\n\"After just two short months, we have completed our first investment with an established and growing blockchain company,\" commented Brandon Romanek, CEO of Millennium BlockChain. \"BurstIQ is well-positioned for rapid growth. Their platform is a truly best-in-class combination of blockchain, big data and machine intelligence. BurstIQ is the first blockchain company to deploy blockchain at an operational, enterprise level, and the company has a strong customer pipeline. As our relationship with BurstIQ develops, we will consider follow-on investments, and we expect to expand our portfolio by completing similarly structured ...