Latest Taal Distributed Information Technologies Inc News

TAAL files patent for blockchain computing device
Press Releases 2 April 2020

TAAL files patent for blockchain computing device

TAAL Distributed Information Technologies Inc. announces that its operating subsidiary has filed a patent application (the “Patent“) with the United Kingdom patent office, an important step in realizing the Company’s strategic vision and in leveraging the power of blockchain infrastructure technologies in applications for transaction processing for general computational tasks.

TAAL discloses dispute involving purchased cloud computing assets
Press Releases 31 March 2020

TAAL discloses dispute involving purchased cloud computing assets

TAAL Distributed Information Technologies Inc. discloses that certain sellers of the cloud computing assets recently purchased by TAAL are involved in a dispute with the hosting provider (the “Hosting Provider“) where such assets were previously operational.

TAAL purchases assets supporting blockchain transaction processing operations
Press Releases 9 March 2020

TAAL purchases assets supporting blockchain transaction processing operations

TAAL Distributed Information Technologies Inc. is pleased to announce that today it has closed on the asset purchase agreement (the “Agreement“) with Tansley Equipment Limited, Fractical Sense Limited and Laser Lollypop Limited (together, the “Sellers“), to acquire over 50,000 non-operational cloud computing units (the “Cloud Computing Assets“) located in the United States (the “Transaction“).