$SANP Santo Mining Announces Definitive Agreeme
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Santo Mining Announces Definitive[/color] Agreement for Joint Venture with Infinity Blockchain Labs TaiwanPress Release | 10/15/2019
Santo Mining Corp. ("Santo" (OTCPink: SANP) announced today that it has completed a definitive agreement for its previously announced joint venture with Infinity Blockchain Labs Taiwan. This Joint Venture company will be called DNA Tags, Inc. will knit the best of both entities with world-leading technology in radio frequency identification (RFID) using the spectrum of near field communications (NFC) technology incorporated into blockchain and the internet of things (IoT) technology, to provide a solution for the growing epidemic of counterfeit cannabis products, that are endangering and hospitalizing hundreds of thousands consumers globally.
As the global medical cannabis consumption increases, brand loyalty and consumer confidence are key for all manufacturers in this industry; including reducing legal liabilities that can run in the millions of dollars when products are being counterfeited or sold in gray and/ or secondary markets. This new venture is designed to satisfy consumers' trust and expectations including reducing legal liabilities for manufacturers and giving governmental bodies the data to ensure traceability and taxation all with a seamless, intuitive and easy to use mobile application.
We are now well positioned to take on the growing epidemic in American and the global of counterfeit and black-market cannabis products. We are proud to partner with Infinity Blockchain Labs to build and develop this technology to meet the immediate needs of the cannabis industry. Before you Medicate-Authenticate said Frank Yglesias, Chief Executive Officer of Santo.
DNA Tags will save hundreds of lives throughout the world and provide the consumer confidence, that brands and manufacturers are currently missing in the cannabis industry. This new joint venture is founded on using blockchain technology as a key component to save lives. said Junya Yamamoto, CEO Infinity Blockchain Labs Taiwan.
Whats next? Santo will start filing its financials in the days to come, providing a path to becoming current again, it will also be announcing some major corporate changes in company structure .
About Infinity Blockchain Labs Taiwan
Infinity Blockchain Labs (IBL) is a visionary R&D company committed to advancing society with next-generation solutions. We are currently the blockchain ecosystem leader in Asia with a global reach. Our mission is to be the R&D engine that transforms future technology into practical applications for business and everyday life. Named one of the top 10 blockchain technology solution providers in 2018 by APAC CIO Outlook, 200+ employees aspiring to become the global leader in blockchain research and development. We always welcome partners and talents to join forces with our ecosystem's global expansion.
About Santo Mining, Corp.
Santo Mining Corp. is a publicly traded company on the Over the Counter (OTC) market, trading under the ticker symbol SANP. The company has an interest in various hardware and software blockchain solutions including the development of ERC721 Non-Fungible Token Smart Contracts used in the digital collectibles sector. The Company is aggressively looking for new blockchain software development projects to invest or acquire globally. The company has a blockchain software development subsidiary called Crypto N3 Technology, incorporated and with its offices in Ho Chi Minh City, Vietnam.
Media contacts:
Mr. Frank Yglesias
frank@sanp.us
VIET NAM
Santo Mining Corp.
Attn: Mr. Franjose Yglesias, President and CEO
Address: 284A Nam Ky Khoi Nghia, Ward 8, District 3, Ho Chi Minh City, Viet Nam 7000
Tel: 786-901-9526
Email: frank@sanp.us
VIET NAM
https://www.blockchainlabs.asia/
Company name : Infinity Blockchain Labs Co., Ltd
President : Junya Yamamoto
Blockchain Labs :Level 5, The Flemington Tower, 182 Le Dai Hanh, Ward 15 District 11, Ho Chi Minh City
Tel :(+84) 2 839 620 215
Email :hello@blockchainlabs.asia
TAIWAN
Infinity Blockchain Labs Taiwan Ltd .
Attn: Mr. Junya Yamamoto, CEO
Address: 7F., No. 45, Sec. 1, Fuxing S.RD., Songshan District,Taipei City 10556, Taiwan (R.O.C.)
Email: yamamoto@blockchainlabs.asia
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