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January 29, 2023

Equity.Guru

Investment information for the new generation

TAAL Distributed Information Technologies (TAAL.C) hits a double and fires up their Alberta blockchain operation buildout

Taal Distributed Information Technologies (TAAL.C) started construction on its blockchain infrastructure operations in Alberta, Canada, today, according to a press release.

Previously announced on November 17th and December 23, 2020, TAAL’s recently acquired blockchain enabled computers will help with the computing power for enterprise clients to get ahead using TAAL’s processing services.

“We are pleased to mark this important first step in reaching our operational infrastructure milestone for 2021. Despite the global pandemic challenges, we have successfully begun TAAL’s next-generation blockchain infrastructure operations in Alberta, Canada on schedule. This brings online trusted, compliant blockchain transaction solutions for global enterprise clients,” said Stefan Matthews, TAAL CEO, and executive chairman.

TAAL’s business is providing blockchain services in the form of professional grade, highly scalable infrastructure, including transaction platforms in support of businesses using the Bitcoin Satoshi Vision (BSV) platform. They also help develop, operate and manage distributed computing systems for enterprise users.

Source: stockwatch.com

Normally, I’m not much of a fan of BSV.  I simply don’t think it’s that great of an investment, which has more to do with the personalities attached to it. But there’s definitely something to be said for a company that effectively doubles in size within two months. Right now they’re trading at $3.07 with no sign of slowing down.

—Joseph Morton

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