Blockchain Foundry Inc. (“BCF” or the “Company”) (CSE:BCFN) (FWB: 8BF) is pleased to announce that it has entered into a pre-solution design and ICO (Initial Coin Offering) consulting agreement (the “Agreement”) with Global CPQ. Global CPQ is a US-based company that is focused on revolutionizing the Enterprise CPQ (Configure Price Quote) space by developing a next-generation crypto-compatible Blockchain CPQ and Pricing Intelligence solution. Global CPQ’s aim is to equip sales teams with intelligent software that allows users to “spend less time quoting and more time closing”.
BCF will provide Global CPQ with the knowledge base to create its ICO and the architecture to begin building blockchain-based platforms; leveraging the Syscoin blockchain. “We are extremely excited about our strategic partnership with the team at Blockchain Foundry,” stated Pete Hogan, CEO of Global CPQ. “Our team has extensive experience in the technology consulting industry, and as a result we have very high standards when it comes to choosing a partner. The team at BCF is truly the best in the industry when it comes to building enterprise blockchain solutions, and their experts consistently deliver well beyond our expectations. We are very excited about the future of Global CPQ and we view this partnership with BCF to be a vital part of our long-term business strategy.”
The Global CPQ Platform is designed to streamline the enterprise business-to-business (B2B) quote-to-cash process and will integrate seamlessly with Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP) systems. Global CPQ’s Syscoin blockchain-based platform utilizes Syscoin’s immutable blockchain technology to provide the platform with quick, seamless transactions, enabling individuals to buy and sell with cryptocurrency or fiat in an encrypted, secure environment.
“We are excited to be assisting Global CPQ with its ICO and blockchain ventures,” stated Sebastian Schepis, CIO of Blockchain Foundry. “We believe we will continue to see businesses migrating towards blockchain-based technology solutions in the coming year, and enjoy having the opportunity to share our knowledge with this great company.”