TAAL Distributed Information Technologies Inc, a self-described platform that “delivers value-added blockchain services, providing professional-grade, highly scalable blockchain infrastructure and transactional platforms to support businesses building solutions and applications upon the Bitcoin SV platform, and developing, operating, and managing distributed computing systems for enterprise users,” has set up an agreement that will allow the company to power BitcoinSV transactions for its clients in North America, according to a press release from the group.
This agreement does the following:
- Agreement secures approximately 175 PH of custom blockchain computing power to be operational by Q1, 2021
- BitcoinSV recognized as optimal to scale large transaction volumes for enterprise organizations, allowing them to complete microtransactions autonomously, safely, at a low-cost and without human intervention]
- TAAL brings fully regulated and compliant blockchain transaction solutions for global enterprise clients
- Fully 36% of surveyed corporate respondents indicate they expect to invest at least U$5 million in blockchain over the next 12 months, and for 55%, blockchain is critical and in their top five strategic priorities (Source: Deloitte 2020 Global Blockchain Survey)
Speaking on the matter is Stefan Matthews, the CEO of TAAL, who said:
“As BitcoinSV adoption accelerates, it is increasingly recognized as a hugely innovative and disruptive technology with applications and advantages across multiple industry verticals. This agreement positions TAAL to provide our clients with professional, regulated, and compliant solutions with facilities, located in North America, that solidify our first-mover advantage as a leader in BSV transaction processing and reinforce our promise of supporting the growth of enterprise BSV adoption.”