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CryObo Technology is set to launch this quarter and will mine Bitcoins and NFTs using a sustainable solar power source.
CHICAGO – ( NewMediaWire ) — Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, announced today that CryObo Technology’s scheduled release has been moved earlier to the second quarter of this year.
The Epazz CryObo project will launch in the United Arab Emirates with Dubai as its pioneer city to adopt the real estate blockchain technology. CryObo technology will use sustainable solar power energy in mining Bitcoin and issuing NFT tokens.
Dubai regulations allow CryObo to acquire lands for new real estate development and raise capital by issuing non-fungible tokens tied to real property. It provides liquidity to token holders helping real estate developers to fund real estate projects and the tokens will be listed in a token exchange.
CryObo Technology strives for real estate deals to access the future value of developed properties and provide token holders with an increased token value to earn income over time. The funds generated from the tokens will be used to purchase more real estate projects, thus, providing real-world value for its cryptocurrency coins.
Shaun Passley, Ph.D., Epazz Inc. CEO, and Chairman, said, “We are thrilled to have CryObo Technology launched this quarter. It will back up cryptocurrencies with real estate properties pushing more value and liquidity for Bitcoin and NFTs. Plus, we are using solar power energy for Earth-friendly cryptocurrency operations.”
About CryObo Inc.
CryObo Inc. will enhance its software to give early access to companies backed by real assets an easy way to access token markets. The company’s platform will change how people transact real estate, digital assets, corps, 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 (an applicant-tracking system ).
In following 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.