Real-time discussion about DMG Blockchain Solutions Inc (DMGI.V) on CEO.CA, an investment chat community for Canada's small cap markets. DMG Blockchain Solutions Inc, formerly known as Aim Explorations Ltd is a diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem.
Thinly traded DMG Blockchain (OTCQB:DMGGF) selects IBM (NYSE:IBM) Canada to help develop blockchain-based global supply chain management solutions for regulated products such as pharmaceuticals.
DMG Blockchain expects to spend about C$3M in the first year to develop the platform and up to C$10M over three years through hiring IBM's personnel.
Sees funding costs through existing cash on hand, revenue, and, if required, further financings or collaborations with other companies.
IBM will provide program managers, technical architects, full stack developers, data scientists, data engineers, and developers to work with DMG's blockchain development team.
Previously: DMG Blockchain Solutions reports Q2 results (May 30)
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