Komodo Platform Ranked 2nd for Innovation Behind Bitcoin

SHERIDAN, WY – May 19, 2018 – China’s Ministry of Industry and Information Technology has released its official cryptocurrency ratings. The Komodo Platform ranked 2nd for innovation behind Bitcoin.

GLX is elated that we made the decision to partner with Komodo and Chainmakers to develop the GLX Token and the GLX Chain on the Komodo Platform. Several updates will follow announcing the launch of the GLX Token, GLX Chain, GLX Exchange, GLX Explorer and GLX Wallet as well as the open of the GLX decentralized Initial Community Offering (dICO).

“It is always a difficult decision to totally scrap time and money spent on tech development. That said I stand 100% behind our decision to move from Ethereum to the Komodo Platform. We have accomplished more blockchain development in the last four weeks with Komodo than we did in the previous 12-months trying to develop on Ethereum.”, said Ronald Russo, GLX’s Founder & CEO.

The Chinese government’s top five cryptocurrencies begin with Ethereum, followed by Steem, Lisk, NEO and Komodo.

Komodo

BarterDex

BarterDex

About Komodo

A cryptocurrency project that focuses on providing anonymity through zero knowledge proofs and security through a novel Delayed Proof of Work (dPoW) protocol. The ecosystem consists of 5 key components that are native components of the platform.

  • Komodo Core: The ecosystem’s cryptocurrency (KMD).
  • Assetchains: Tokenization and white-glove blockchain solutions. These tokens can be used as cryptocurrencies or to store data on the blockchain.
  • Jumblr: Zero Knowledge coin agnostic mixer.
  • BarterDEX: Decentralized exchange that performs atomic swaps on native and SPV clients. It allows users to trade blockchain-to-blockchain without giving up their privatekeys.
  • Agama: Multi Wallet for all cryptocurrencies.

For more information please visit – KomodoPlatform.com

About GLX

GLX BullGLX is a blockchain-powered technology platform for global financial markets. We are building an open, decentralized, and connected suite of products and services that will enable new business models to emerge. Our solutions facilitate new interactions, interfaces and experiences for individuals, institutions and industries.

GLX takes on new challenges and opportunities presented by the ubiquitous, pervasive, and ambient computing platforms of the future. The platform allows members to unlock and unleash the true potential of blockchain, virtual / augmented reality and artificial intelligence in the global capital markets. The destination is a ground-breaking global capital market information portal and financial networking platform.

Contact: +1 855 GLX INTL | +1 307 429 2060 | media@GLX.com | GLX.com


Disclaimer: This announcement may contain certain “forward-looking” statements and information relating to GLX that is based on the beliefs of GLX’s management, as well as assumptions made by, and information currently available, to GLX’s management. This announcement does not constitute an offer or solicitation to sell securities in GLX, Inc., the GLX Foundation, the GLX Token, the GLX platform, or any related or associated company. The GLX Token is a utility token and not a cryptoasset, cryptocurrency, security or investment. This communication (including attachments) is covered by the Electronic Communication Privacy Act, U.S.C. Sections 2510-2521, is confidential, may contain privileged information and may be the subject of certain Confidentiality or Nondisclosure Agreements. If you are not the intended recipient or believe that you have received this communication in error, please e-mail, fax or telephone us immediately, delete this e-mail communication and do not print, copy, retransmit, duplicate, disseminate or otherwise use this information.

Ronald is the Founder & CEO of GLX. He has been an entrepreneur and an active member of the private equity and investment banking communities for over 26-years.

Ronald completed high school in 1988 at Seton Hall Preparatory School in West Orange, NJ. He received a Bachelor of Science, Business Administration degree from St. John’s University in Queens, NY in 1993. He resides in Palm Beach, FL.