Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, DeFi, Blockchain News

Blockchain Intelligence Group Enters Into MOU with RootStock of RSK Labs

Blockchain Intelligence Group (“BIG”) today announces that it has entered into Non-Binding Memorandum of Understanding with RSK Labs with the intent to collaborate with RSK Labs. This memorandum of understanding allows BIG to begin adapting its block explorer, "blockbits" to work with the RSK Labs smart contract and micro payments network.


RSK Labs also has identified interest in using BIG's Global network for RSK Labs nodes allowing for increased network support for RSK Labs transactions. BIG would also look to provide client services to both its and RSK Lab's clients through its wholly owned services division, 2140 Software Solutions Inc.Shone Anstey,

President of BIG stated, "We feel this relationship with RSK Labs will help to diversify our product offering and help bring a more robust capability to our services. RSK Labs has the foresight to embrace the bitcoin network with their smart contract service and we only want to align ourselves with companies of this talent and expertise."

Lance Morginn, CEO further stated that, "smart contacts are essentially “programmable money” or self-automated computer programs that can carry out the terms of any contract and we want to be the leader for providing search and analytics for this space."

About RSK Labs
RSK is the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the Bitcoin miners via merge-mining, allowing them to actively participate in the Smart Contract revolution. RSK goal is to add value and functionality to the Bitcoin ecosystem by enabling smart-contracts, near instant payments and higher-scalability.

About Blockchain Intelligence Group
Blockchain Intelligence Group is headquartered in Vancouver, BC, Canada. As a developer of Blockchain technology solutions, search and data analytics, BIG's propriety platform will globally target Governments and Fortune 1000 companies that perform business in the finance, and ecommerce sectors.
blockchaingroup.io

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