Graph Blockchain Inc. announced a non-binding Memorandum of Understanding entered into between Datametrex AI Limited with Lotte Data Communication Company. The Company, in collaboration with Datametrex and LDCC, intends to provide the expertise and technology in building blockchain solutions for the importation of Canadian Beef. The MOU provides the initial framework for Graph, working with Datametrex and LDCC to jointly develop Blockchain Supply Chain Management Solutions for livestock products from Canada.

The Company believes that building a Supply Chain Management for the importation of livestock products will increase the likelihood that consumers have safer and more reliable livestock products. Additionally, the Company believes that such a system will enable manufacturers and distributors to respond promptly if any health issues are detected with these products. This system will be designed to generate information at each stage of distribution through IoT sensors and to prevent forgery through blockchain technology.

The secure information that is generated will be available to users in real-time so that they can quickly track and respond to situations.