Greenbriar Capital Corp Announces Major Advancements at RealBlock
Boise, Idaho (Newsfile Corp. - October 10, 2018) - Greenbriar Capital Corp. (TSXV: GRB) ('Greenbriar') - Greenbriar announces that RealBloq, its blockchain-based, real estate transaction platform, entered into commercial operations on October 8, 2018 with Title Security of Arizona. RealBlock, a subsidiary of Greenbriar, has completed the first phase of functionality that will help eliminate wire fraud during real estate settlements.
According to the FBI, real estate wire fraud has increased 500 fold in just two years. Title Security of Arizona (TSA) was the first title company to employ this new platform. Tommy Sullivan, Chairman of TSA, says the current system of conveying bank wiring instructions is no longer safe, 'The risk is too great to continue on as we are. RealBlock will be the new standard of care in our business. We can no longer depend on emails and portals to deliver wire instructions.'
RealBlock was developed by Professor Todd Taylor, the founder of the blockchain research lab at Arizona State University, and a team of blockchain architects and developers. According to Taylor, 'blockchain permissions, military grade security, distributed ledger and encryption will greatly reduce the threat of fraud.'
To learn more, contact Todd Taylor at firstname.lastname@example.org.
About Greenbriar Capital Corp:
Greenbriar is a leading developer of sustainable real estate, real estate blockchain, and renewable energy. With long-term, high impact, contracted sales agreements in key project locations and led by a successful, industry-recognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value.
ON BEHALF OF THE BOARD OF DIRECTORS
Jeffrey J. CiachurskiChief Executive Officer and Director949.903.5906
The Toronto Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the Toronto Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Toronto Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute 'forward-looking statements' and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.
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10.10.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: Greenbriar Capital Corp.
Canada ISIN: CA39364R1082 End of News DGAP News Service