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DMG Blockchain Solutions Inc. (DMG) is a leading company dedicated to the development and management of blockchain-based solutions. DMG focuses on monetizing the blockchain ecosystem through innovative digital solutions while prioritizing sustainability. The company is actively involved in decarbonizing the Bitcoin blockchain, offering technologies like Terra Pool and Petra for carbon-neutral mining and transactions. Recent collaborations with Energy Web and PayPal aim to establish industry standards for sustainable blockchain applications in finance. DMG's CEO, Sheldon Bennett, emphasizes the company's commitment to environmental responsibility and technological advancement.
DMG Blockchain Solutions (OTCQB: DMGGF) announced its expansion into large ordinal inscriptions, leveraging its proprietary Petra technology. This positions DMG as a leader in a burgeoning market, facilitated by its Terra Pool, a carbon-neutral Bitcoin mining solution. At the recent Planet MicroCap Showcase 2023, COO Steven Eliscu highlighted the new revenue potential from this expansion. The company has also been granted a US patent for its Petra technology, enhancing its competitive edge. Additionally, DMG has appointed new board members, including Heather Sim as Director and CFO, while granting 213,736 stock options at $0.31 per share, vesting over two years. These developments aim to drive growth while addressing environmental concerns in the blockchain space.
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