Epazz CryObo Technologies Facilitate GreenHeart CBD Products as a Real-World Value Proposition to Back Cryptocurrency Tokens

Rhea-AI Summary

Epazz Inc. (EPAZ) has announced that GreenHeart CBD will integrate cryptocurrency into its business through Epazz CryObo technologies, marking a first for the hemp industry. With this integration, GreenHeart can tokenize CBD products, enabling customers to purchase tokens for discounts up to 40% on CBD products. The company has expanded to over 4,000 customers and plans to launch a subscription service for token holders. This decentralized financial system aims to revolutionize the hemp industry and provide benefits for farmers and retailers alike.

Positive

• GreenHeart CBD is pioneering cryptocurrency integration in the hemp industry.
• Ability to offer customers discounts of up to 40% using CBD tokens.
• Over 4,000 customers currently using GreenHeart CBD products, indicating strong demand.
• Plans to launch a subscription service for token holders, enhancing customer engagement.

Negative

• None.

GreenHeart CBD will be the first in the hemp industry to integrate cryptocurrency into their business infrastructure made possible through Epazz CryObo technologies.

CHICAGO, IL., Sept. 16, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Epazz Inc. (OTC: EPAZ), a mission-critical provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, announced today that GreenHeart CBD Limited in Ireland would be using Epazz CryObo's blockchain technology to tokenize CBD products. CryObo, Inc. is already generating revenue for Epazz and is attracting more customers since being formed in May 2021.

Using Epazz CryObo blockchain technology, the GreenHeart CBD can issue tokens that their customers can buy and, in return, receive CBD products or hold on as a digital coin investment.

In a podcast interview, Paul Walsh, the CIO and Co-Founder of the GreenHeart CBD, explained how the tokenized economy helps customers by giving them discounts on the things they need up to 40% if they use the CBD tokens and how GreenHeart is working with Dr. Passley, Epazz, Inc. CEO, in utilizing Epazz Technology such as Blockchain software and Farm Drones to change how the hemp industry operates. To watch the full interview, click on link below:
https://www.youtube.com/watch?v=ELQjLeAjvIU&t=3s

This decentralized financial system would be the first real-world business backing up the tokenized economy. It would be beneficial to fund the farmers, help their customers by giving discounts, and provide incentives for the retail sector. The company will soon launch the GSS pool, Greenheart Subscription Stake. When customers stake a number of X tokens, the company will automatically auto-ship a subscription service of that product every month.

Epazz CryObo facilitates GreenHeart's goal to launch real-world metrics off the blockchain tied directly to the token. Unlike the existing digital tokens such as Bitcoins, investors drive the price and hold on before staking out. GreenHeart has rapidly grown to over 4,000 customers that have been using the product for years and making the products accessible in cryptocurrency platforms gives a unique value proposition.

Agricultural Drone Technology
The Epazz spin off ZenaTech, Inc. technologies comprise several software solutions and hardware enterprise products, including the ZenaDrone smart farming solution. GreenHeart CBD hemp farms use the ZenaDrone technology to scan the hemp farms, relay data streams showing a live feed, send information on the crops' health, when the harvest goes on, and when the raw materials go through the entire drawing process.

Furthermore, Epazz CryObo is developing the GreenHeart CBD Marketplace where CBD product entrepreneurs can download and use the app to sell products, providing them an end channel to distribute through this token model.

Shaun Passley, Ph. D., Epazz, Inc. CEO and Chairman, said in an interview, "We are very excited with the future of cryptocurrencies backed by real-world products and businesses. This is a revolutionary development allowing decentralized finance to take over traditional financial regulations."

About CryObo, Inc.
CryObo, Inc. will be enhancing the software to give companies that are interested in launching their IEO an easier way to create and modify their smart contracts without needing a programmer.  CryObo will continue to develop cryptocurrency software, which will help with managing IEOs’ projects, crypto assets for large financial firms, and the accounting assets of crypto assets. The growth of Bitcoin and other cryptocurrencies is bringing new regulations for large financial service companies, which will need a smart solution to manage their growing portfolios. 

About Epazz Inc. (www.epazz.com)
Epazz Inc. is a leading cloud-based software company that specializes in providing customized cloud applications to the corporate world, higher-education institutions, and the public sector. Epazz BoxesOS v3.0 is the complete business web-based software package for small to midsize businesses, Fortune 500 enterprises, government agencies, and higher education institutions. BoxesOS provides a combination of many of the web-based applications that an organization would otherwise need to purchase separately. Epazz's other products are DeskFlex (a room scheduling software) and Provitrac (an applicant-tracking system).

SAFE HARBOR
The "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking languages, such as "may," "expect," "intend," "estimate," "anticipate," "believe," and "continue," the negative thereof or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause the actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance, and actual results may differ materially from those contemplated by such forward-looking statements. Epazz Inc. assumes no obligation and has no intention of updating forward-looking statements. It has no obligation to update or correct information prepared by third parties that are not paid for by Epazz Inc. Investors are encouraged to review Epazz Inc.'s public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its OTC Markets filings, which contain general business information about the company's operations, results of its operations, and risks associated with the company and its operations.

Contact:
For more information, please contact
Investor Relations
mailto:investors@epazz.net
(312) 955-8161
www.epazz.com

FAQ

What is the significance of Epazz partnering with GreenHeart CBD?

Epazz's partnership with GreenHeart CBD is significant as it marks the first time cryptocurrency will be integrated into the hemp industry, allowing for tokenization of CBD products.

How will GreenHeart CBD utilize Epazz CryObo technology?

GreenHeart CBD will utilize Epazz CryObo technology to tokenize its CBD products, enabling customers to purchase tokens for discounts and investments.

What benefits can customers expect from GreenHeart CBD's tokenized system?

Customers can expect discounts of up to 40% on CBD products when using the CBD tokens within the tokenized system.

How many customers does GreenHeart CBD currently have?

GreenHeart CBD currently has over 4,000 customers using its products.

What future plans does GreenHeart CBD have for its tokenized economy?

GreenHeart CBD plans to launch a subscription service for token holders, ensuring regular product delivery based on token stakes.