Bitrush Corp.: Award Wining Binary Options Platform Provider, TRADOLOGIC, Integrates Bitrush's "ANOON(TM)" Blockchain Payments System.

Toronto, Ontario (FSCwire) - BitRush Corp.  (“BitRush” or the “Corporation”) is pleased to announce that TRADOLOGIC (www.tradologic.com), an award winning binary options platform provider, has chosen to integrate BitRush’s cryptographic blockchain payment system ANOON™ (www.anoon.co) as a payment/funding/payout provider.

TRADOLOGIC’s mission is to offer the best technology solutions and customer service in the financial trading market. TRADOLOGIC has received many prestigious awards like Binary Solution of the Year (B2B Awards EGR 2015), Best Binary Option Services Provider 2014 (Forex Magnates), Best Binary Option Provider South-East Asia (IAIR Awards Hong Kong 2014) and Best Binary Options Provider (CIOT 2013). TRADOLOGIC’s software is in full compliance with respective market regulations. The ANOON cryptographic blockchain payment platform and management system meets or exceeds the criteria of regulated markets in both the financial services and gaming industries.

Many of the world’s leading binary options trading websites like binary888.com use the TRADOLOGIC platform to run their binary options services. With the integration of BitRush’s cryptographic blockchain payment system into the TRADOLOGIC platform, BitRush gains access to an estimated monthly payment volume of approximately US$200,000,000. Bitrush intends to grow its share of this market. The International Banker estimates that there are already more than 2.5 million binary options investors worldwide. Binary options are a new generation of investments within the online trading arena. Binary options are recognized as financial instruments and are regulated by financial authorities.

Using BitRush’s ANOON, formerly known as P2Nex, users are able to use their fiat currencies and or cryptocurrencies, to trade with binary options. For the operators of binary options trading websites, the BitRush ANOON cryptographic blockchain payment system will dramatically reduce their payment system costs and speed up and simplify new client on-boarding, thus increasing their profits. The ANOON wallets will be integrated directly into the user’s trading account, thus allowing a highly efficient clearing of trades.

“The integration of ANOON into TRADOLOGIC’s accepted means of payment is a great validation and opportunity for BitRush. We are convinced that cryptographic blockchain payment services are the future of all digital business and of utmost importance for the financial services and gaming industries. Even though we are still in stealth mode with our ANOON cryptographic blockchain payment services, our potential partners are starting to recognize its value proposition and possibilities” commented Werner Boehm, CEO of BitRush. “We welcome discussions with large established players in these fields, who may be surprised with what we can do for them.”

About BitRush

BitRush Corp. is a pioneering Canadian FinTech company focused on cryptographic blockchain technology. BitRush™ has chosen to go to the public markets as a startup to allow all types of investors, from individuals to institutions, to participate in the potential value appreciation of a FinTech “startup built by grownups”, that otherwise would usually have taken place in the private markets accessible only to VCs and accredited investors.

BitRush™ (www.BitRush.co), based in Toronto, but with teams active in Asia, Eastern Europe, Western Europe and North America has 3 main business verticals all built on our core universal transaction processing technology BlockNexus™, which includes payment processing services (www.ANOON.co), gaming technologies and online advertising services (www.AdBit.co). We either use these technologies in our own businesses or provide our services to or for qualified partners and or clients.

BitRush operates a range of websites with more than 10 million Unique Users per month generating up to 20 million micro-payments per month. Those micro-payments are processed by BitRush’s proprietary universal payment platform (patent pending). BitRush’s ad network AdBit (www.AdBit.co) has more than 62,000 registered customers performing up to 500,000 micro-payments per day.

BitRush intends offer BitRush debit cards to consumers and businesses to perform their payments anywhere Visa and MasterCard debit cards are accepted, worldwide.

BitRush™ offers solutions in the B2C, B2B, C2B and C2C markets. Join BitRush™, either as a consumer user, as a business or both benefiting from our unique services, features and pricing, that only our proprietary blockchain based technologies allow.

With our core technologies already developed, BitRush™ plans to scale each of our businesses.

BitRush Corp. is traded on the Canadian Securities Exchange (CSE: BRH) and the Frankfurt Stock Exchange: (symbol:0XSN).

BitRush, AdBit, BlockNexus and ANOON are trademarks of BitRush Corp.

FORWARD LOOKING INFORMATION

This press release contains certain “forward-looking information”. All statements, other than statements of historical fact, that address activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the launch of branded debit cards by the Corporation, the timing thereof and anticipated revenues and profitability relating thereto and BitRush’s expectations with respect to the potential market for blockchain-based debit cards for unbanked adults) constitute forward-looking information.

This forward-looking information reflects the current expectations or beliefs of the Corporation based on information currently available to the Corporation as well as certain assumptions including, without limitation, the ability of the Corporation to integrate the payment systems of MasterCard and Visa in a successful manner through the Wave Crest agreement; the ability of the Corporation to successfully launch its branded debit cards as anticipated; the ability of the Corporation to successfully tap into the unbanked adult market and its ability to generate sales and fees as anticipated. Forward-looking information is subject to a number of significant risks and uncertainties and other factors that may cause the actual results of the Corporation to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Corporation.  Factors that could cause actual results or events to differ materially from current expectations, include, but are not limited to, the inability of the Corporation to integrate the said payment systems successfully and in a timely manner, if at all; the lack of use of crypto currencies such as Bitcoins; the lack of a market for blockchain-based debit cards developing for unbanked adults; the failure to develop and sell branded debit cards and the use thereof being inferior than as anticipated by the Corporation; and competition from others delivering cryptographic payment solutions .

Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Corporation disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Corporation believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

On behalf of the Board of Directors,

Warren Hawkins

Corporate Secretary

For further information, contact Werner Boehm at werner.boehm@bitrush.co or Karsten Arend at karsten.arend@bitrush.co.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Bitrush05312016.pdf

Source: BitRush Corp. (CSE:BRH)

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