Veemost Technologies Inc. Announces Development of Blockchain Platform to Revolutionize Digital Operations and Enterprise Solutions

Strategic Initiative - VeeMost Technologies Inc announces a strategic initiative to build a proprietary enterprise-grade blockchain platform aimed at empowering businesses and government organizations with secure, transparent, and efficient digital solutions [1] - The blockchain platform will focus on real-world applications addressing supply chain management, licensing, digital identities, and payments [1] - The initiative aligns with VeeMost's commitment to fostering innovation, trust, and transparency for its clients, positioning the company as a key player in the evolving digital economy [2] Blockchain System Design - VeeMost's blockchain will balance flexibility and governance, making it an ideal platform for enterprises, educational institutions, and government agencies seeking robust solutions for secure and automated processes [3] - The platform will be integrated into VeeMost's e-commerce store, VeeStore, to streamline payment processing, product verification, and licensing services [2] Project Timeline and Milestones - The project is structured into four key phases: Research and Planning (Months 1-3), Development and Initial Testing (Months 4-9), Pilot Rollout (Months 10-12), and Public Launch (Months 13-18) [4][5] - By integrating blockchain into VeeStore, VeeMost will enhance its e-commerce payment processes, allowing customers to make secure payments with cryptocurrency or traditional methods while reducing transaction fees and settlement times [5] Revenue Growth and Monetization - VeeMost's blockchain platform will generate revenue through licensing fees, subscription plans, transaction fees, and consulting services [10] - The platform will offer Blockchain-as-a-Service (BaaS) for managed blockchain environments tailored to client needs [10] - Revenue will also be generated through low-cost transaction processing, asset-tracking services, and advisory services for blockchain integration and smart contract development [10] Supporting Nasdaq Uplisting Strategy - The blockchain initiative supports VeeMost's broader goals of expanding its market reach and increasing revenue as the company prepares for an uplisting to Nasdaq in the near future [7] - The projected timeline ensures that the platform will be operational within 18 months, contributing to VeeMost's long-term strategy of sustainable growth and innovation [7] Company Overview - VeeMost Technologies Inc is a technology solutions provider specializing in network infrastructure, cloud services, IT consulting, and digital transformation [8] - The company focuses on government, education, and enterprise markets, delivering customized solutions that empower organizations to operate securely and efficiently in a digital-first world [8]