Epazz’s CryObo Technology to Digitalize Harvests for Ireland Farmers Using Blockchain and Drone Technology

Rhea-AI Summary

Epazz Inc. (EPAZ) announced its involvement in the tokenization of real estate assets and raw materials at a conference in Frankfurt, showcasing its CryObo technology. This innovation aims to provide farmers in Ireland with new funding sources through blockchain and drone technology. By backing tokens with real estate and farmland, the platform allows developers to appraise properties based on future values, improving capital raising opportunities. CEO Shaun Passley supported the initiative, emphasizing its potential to transform the farming sector.

Positive

• Introduction of tokenization for real estate and raw materials could unlock new funding opportunities for farmers.
• CryObo technology aims to enhance capital raising for real estate developers by appraising future value.

Negative

• None.

 Tokenization of real estate assets and raw materials enables farmers to potentially access new funding sources

CHICAGO, Oct. 19, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, today announced a presentation by its CryObo client, Greenheart, at the White Label conference in Frankfurt, Germany, circular economy and how Greenheart plans to help Ireland’s farmers to additional funding sources using blockchain and drone technology. Epazz’s CEO, Shaun Passley, attended the conference in support of Greenheart.

To see a video clip of the presentation, click below.

https://youtu.be/xB-qh_J_sX8

CryObo technology will focus on the real estate market, which includes farmland. The tokens will be backed by real estate and farmland. Real estate developers will appraise for current value; however, the future of real estate will be evaluated. The goal is for real estate developers to assess the future value of properties once land is developed and buildings are constructed. This technology would allow real estate developers to raise capital at better terms and allow the token holder to raise appraisals of the tokens and earned income. Passley said, “Paul Walsh gave a great speech how Greenheart will change farming.”

About CryObo Inc.

CryObo Inc. will enhance its software to give early-access companies backed by real assets an easy way to access the token markets. The company’s platform will change how people transact real estate, digital assets, crops and raw materials by allowing companies to access the future value of their assets. The growth of Bitcoin and other cryptocurrencies is bringing new regulations for large financial service companies, which will require 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 (room scheduling software) and Provitrac (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 language, such as “may”; “expect”; “intend”; “estimate”; “anticipate”; “believe”; “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
investors@epazz.net
312-955-8161
www.epazz.com

FAQ

What new funding sources is Epazz Inc. (EPAZ) providing for farmers?

Epazz Inc. is facilitating new funding opportunities for farmers through the tokenization of real estate assets and raw materials.

What is CryObo technology and its application?

CryObo technology focuses on the tokenization of real estate and farmland, allowing for improved capital raising and appraisals based on future property values.

What conference did Epazz Inc. (EPAZ) attend to present their technology?

Epazz Inc. attended the White Label conference in Frankfurt, Germany, where their client Greenheart presented their initiatives.

How does the tokenization process work for real estate according to Epazz?

The tokenization process involves backing tokens with real estate, allowing for future value assessments and better capital raising terms for developers.

Who is the CEO of Epazz Inc. (EPAZ)?

The CEO of Epazz Inc. is Shaun Passley, who attended the conference in support of their client.