$GAHC great news out! Global Arena Holding Subsidi
Post# of 15380
Posted On: 12/07/2015 10:34:54 AM
$GAHC great news out! Global Arena Holding Subsidiary Attends Final Demo of Blockchain High Speed Scanning and Voting Tabulation Software
http://finance.yahoo.com/news/global-arena-ho...00579.html
NEW YORK, NY--(Marketwired - Dec 7, 2015) - Global Arena Holding, Inc. (OTC PINK: GAHC), (the "Company"
announced today that its subsidiary, Global Elections Services ("GES" , successfully completed its final testing of the blockchain voting tabulation system developed by Blockchain Technologies Corporation ("BTC" .
In early November, GES executives conducted their first round of tests on a blockchain tabulation system designed by BTC as a technology upgrade for one of the current methods the elections company uses. While those initial tests did give Ms. Maralin Falik (CEO of GES) confidence in the system's user interface, as expected from a 35 year industry veteran, she sent BTC back with additional specs to be met. After several more iterations by BTC's software engineers, GES conducted their final test of BTC's blockchain scanning and voting tabulation system with great success.
"GES strives to provide the highest standards in the election process. All of our municipal public elections must conform with the regulations of the United States Department of Labor, which has very stringent requirements," stated Maralin Falik. "Conforming to these standards is crucial. Working with BTC, we will now be on the cutting edge as an early adapter of a world changing technology, which will transform the election process in an efficient and credible way while maintaining the level of integrity the Department of Labor requires and expects."
Ms. Falik continued, "We are very pleased with the results of this demonstration for Scanning and Tabulating Mail-in Ballots. We will look to move forward with BTC's technology at our elections, and quickly begin expanding our reach, securing many different types of elections, on a global scale."
BTC CEO Nick Spanos stated, "At Blockchain Technologies Corporation, we pride ourselves on achieving real world blockchain integration. Through a partnership with GES, we will revolutionize election processes with the unveiling of the world's first blockchain voting tabulation system. In this case, we have modified our patented platform to coincide with the Department of Labor specifications. This will allow for greater transparency, accessibility and security for Union elections."
Mr. Spanos continued, "This is just the beginning. Keep in mind, this blockchain voting tabulation system is only utilizing a small segment of our elections platform. I have over three decades of experience engineering electoral management software. So Maralin will have many options to grow GES with our technologies and applications, and we will support her every step of the way."
John Matthews, CEO of Global Arena Holding, Inc., said, "When we began investing in Blockchain Technologies Corporation, we envisioned great synergies between GES and BTC. Today, it looks as though our ambitions are materializing. This relationship will pave the way to a new standard in 21st century voting, with the integrity of every election now being secured by the blockchain."
Mr. Matthews continued, "This new process will also mean continued growth and potentially increased revenues to GES, while concurrently providing an income stream for BTC. So instead of paying third party providers for tabulation services, GES will pay a technologically advanced company [BTC], which Global Area Holding has a vested interest in." Mr. Matthews additionally stated, "This demonstration of the High Speed Scanning and Tabulation Software is phase one of GES' growth strategy. The Company expects further software upgrades using the blockchain to enhance our other current services which include; Internet Voting, In Person voting, and Hybrid Elections."
At this point, the next step is for GES to sign an agreement with BTC and begin conducting elections using BTC's blockchain voting system. The Company's management is excitedly looking forward to this collaboration being consummated.
http://finance.yahoo.com/news/global-arena-ho...00579.html
NEW YORK, NY--(Marketwired - Dec 7, 2015) - Global Arena Holding, Inc. (OTC PINK: GAHC), (the "Company"
announced today that its subsidiary, Global Elections Services ("GES" , successfully completed its final testing of the blockchain voting tabulation system developed by Blockchain Technologies Corporation ("BTC" . In early November, GES executives conducted their first round of tests on a blockchain tabulation system designed by BTC as a technology upgrade for one of the current methods the elections company uses. While those initial tests did give Ms. Maralin Falik (CEO of GES) confidence in the system's user interface, as expected from a 35 year industry veteran, she sent BTC back with additional specs to be met. After several more iterations by BTC's software engineers, GES conducted their final test of BTC's blockchain scanning and voting tabulation system with great success.
"GES strives to provide the highest standards in the election process. All of our municipal public elections must conform with the regulations of the United States Department of Labor, which has very stringent requirements," stated Maralin Falik. "Conforming to these standards is crucial. Working with BTC, we will now be on the cutting edge as an early adapter of a world changing technology, which will transform the election process in an efficient and credible way while maintaining the level of integrity the Department of Labor requires and expects."
Ms. Falik continued, "We are very pleased with the results of this demonstration for Scanning and Tabulating Mail-in Ballots. We will look to move forward with BTC's technology at our elections, and quickly begin expanding our reach, securing many different types of elections, on a global scale."
BTC CEO Nick Spanos stated, "At Blockchain Technologies Corporation, we pride ourselves on achieving real world blockchain integration. Through a partnership with GES, we will revolutionize election processes with the unveiling of the world's first blockchain voting tabulation system. In this case, we have modified our patented platform to coincide with the Department of Labor specifications. This will allow for greater transparency, accessibility and security for Union elections."
Mr. Spanos continued, "This is just the beginning. Keep in mind, this blockchain voting tabulation system is only utilizing a small segment of our elections platform. I have over three decades of experience engineering electoral management software. So Maralin will have many options to grow GES with our technologies and applications, and we will support her every step of the way."
John Matthews, CEO of Global Arena Holding, Inc., said, "When we began investing in Blockchain Technologies Corporation, we envisioned great synergies between GES and BTC. Today, it looks as though our ambitions are materializing. This relationship will pave the way to a new standard in 21st century voting, with the integrity of every election now being secured by the blockchain."
Mr. Matthews continued, "This new process will also mean continued growth and potentially increased revenues to GES, while concurrently providing an income stream for BTC. So instead of paying third party providers for tabulation services, GES will pay a technologically advanced company [BTC], which Global Area Holding has a vested interest in." Mr. Matthews additionally stated, "This demonstration of the High Speed Scanning and Tabulation Software is phase one of GES' growth strategy. The Company expects further software upgrades using the blockchain to enhance our other current services which include; Internet Voting, In Person voting, and Hybrid Elections."
At this point, the next step is for GES to sign an agreement with BTC and begin conducting elections using BTC's blockchain voting system. The Company's management is excitedly looking forward to this collaboration being consummated.
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