GlobalTech strikes deal to integrate World Mobile Chain's DePIN Blockchain

Published 4 weeks ago Positive
GlobalTech strikes deal to integrate World Mobile Chain's DePIN Blockchain
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GlobalTech (OTCPK:GLTK [https://seekingalpha.com/symbol/GLTK]) has entered into a strategic agreement [https://seekingalpha.com/pr/20262581-globaltech-enters-into-agreement-with-world-mobile-chain-with-plans-to-accelerate-blockchain] with World Mobile Chain (WMC), a leader in Decentralized Physical Infrastructure Networks (DePIN) blockchain technology.

GlobalTech plans to integrate WMC’s enterprise-grade platform into its global operations to drive its digital transformation, enhance operational efficiency, and launch new decentralized digital services.

The platform’s capabilities, including transaction security, digital identity, and supply chain management, will be leveraged to bring emerging technologies into practical business use.

Furthermore, as part of its digital transformation, GlobalTech plans to establish an independent digital asset treasury strategy focused on holding the WMC ecosystem’s native utility token, WMTx, solely to facilitate on-chain transactions and support operational activities, without requiring any joint financial commitments from WMC.

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* Financial information for GlobalTech [https://seekingalpha.com/symbol/GLTK/income-statement]