HUMBL Selected To Pilot Digital Wallet Program On Behalf of The County of Santa Cruz, California
HUMBL, Inc. (OTCQB:HMBL) announced a pilot program with the County of Santa Cruz, California, to develop a customized digital wallet for city services. This initiative, approved unanimously by the County Board of Supervisors on April 12, 2022, aims to improve equitable access to services through blockchain technology. The pilot includes essential infrastructure for the wallet, with reporting due by August 9, 2022. Supervisors emphasize its innovative potential, covering a range of services from library cards to permits. HUMBL aims to leverage this program to enhance government-citizen interactions.
- Unanimous approval for a digital wallet pilot program with Santa Cruz County, indicating strong local government support.
- The pilot program is expected to enhance equitable access to city services for constituents.
- HUMBL's initiative marks a potential first for blockchain applications in government services within California.
- Potential execution risks associated with delivering the pilot program by the set deadline of August 9, 2022.
San Diego, California, April 13, 2022 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTCQB:HMBL) HUMBL Blockchain Services announced today the unanimous approval and formation of a pilot program with the County of Santa Cruz, California to develop a digital wallet. The program will be customized at the request of the County to experiment with the streamlining and equitable distribution of city services to all of its constituents via mobile wallet.
The initial pilot program will include the infrastructure for a digital wallet and expanded to serve the needs of the community as the County sees fit. The initiative was sponsored by Supervisor Zach Friend and approved unanimously by the County Board of Supervisors in their meeting on April 12, 2022. The program will be delivered and reported back on no later than August 9, 2022.
"At HUMBL Blockchain Services we believe one of the key uses of blockchain will be mobile wallets. Delivering personal identification, verifiable credentials, document storage and payment methods for citizens around the world to interact more effectively with their local, state and national governments," said HUMBL CEO, Brian Foote. “Today is a positive step towards that future here in the United States and in our home state of California.”
“The pilot program is believed to be the first ever in the state, and would offer an innovative new way for the County to provide equitable access to its constituents” said Supervisor Friend. “The County is excited to explore a variety of blockchain based options from library cards to marriage licenses and birth certificates to planning department permits. We look forward to bringing digital transformation and cutting-edge technology to our community."
"We appreciate the innovative ways in which the County of Santa Cruz is adopting blockchain technology to better serve its constituents and look forward to piloting this program on their behalf,” said Alfonso Arana Jr., Vice President of HUMBL Blockchain Services.
About HUMBL, Inc.
HUMBL Blockchain Services was designed to help local, state and federal governments, armed services and international agencies develop mobile wallets, verifiable credentials and NFT solutions on blockchain.
About the County of Santa Cruz
Santa Cruz County is situated at the northern tip of Monterey Bay, approximately 65 miles south of San Francisco. There are four incorporated cities in the County including the City of Santa Cruz, Watsonville, Scotts Valley, and Capitola. Santa Cruz is known for its deep roots in surfing, brought over to the mainland by Hawaiian royalty.
Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control.
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