Florida-based development and management company United American Corp. (“UnitedCorp”) (OTC: UAMA) this morning announced that its wholly owned subsidiary, Blockchain Data Centers Inc. (“BDC”), has entered into an expansion of its existing hosting service agreement with a Vancouver-based technology firm. Per the terms of the agreement, BDC will increase hosting of the client’s blockchain mining rigs from 1,000 to a total of 4,000. The company has already commenced construction to increase the capacity of its BlockchainDome Heat Station, and the first additional mining rigs are expected to be online in August. “We are very pleased with the now proven performance and efficiency of our first BlockchainDome and we appreciate the confidence our customer has placed in us by quadrupling its original hosting agreement,” Benoit Laliberte, president of United American Corp., stated in the news release. “This new agreement will allow BDC to increase its heat station capacity to supply heat to additional adjacent greenhouses and continue to build up UnitedCorp’s tangible asset value.”
To view the full press release, visit http://ibn.fm/ETf9C
About United American Corp.
Established in 1992, United American Corp is a Florida-based development and management company focusing on telecommunications technologies. The company currently holds the rights to manage a portfolio of patents and proprietary technology in telecommunications, social media and more recently in Blockchain PSTN technology. For more information, visit the company’s website at www.UnitedCorp.com
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