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ISBG-Bengala Blockchain Project Announces Critical Progress in Development of MVP Version of Revolutionary Blockchain Solution

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LAS VEGAS, NV, October 4, 2018 (GLOBE NEWSWIRE) – International Spirits and Beverage Group Inc. (OTCQB:ISBG) (“ISBG” or the “Company”), a top-tier brand incubator in the Global Wine & Spirits market, and Bengala Technologies LLC, (“Bengala”), a development firm specializing in tailored technology solutions with an expertise in blockchain and distributed ledger technology – together, the ISBG-Bengala Blockchain Project (the “Project”) – are excited to announce that Project development is running well ahead of schedule, with full functional development of the Project’s Minimum Viable Product (“MVP”) now more than halfway complete, including full completion of all steps involved in feature selection.

Arnaldo A. Detrés, CEO of Bengala Technologies, LLC, commented, “The system checks out on every level so far. We have a foundation now in place that should stand up to feature layering, and we have now completed selection and approval of the features that will take us further into development of our MVP. We are very pleased with the progress, now more than 50% complete with MVP development, which is well ahead of our anticipated timeframe.”

The ISBG-Bengala Blockchain Project is a marriage between the Internet-of-Things and the Blockchain to produce a comprehensive product management solution for the beverage industry. The company is creating a single, functionally-integrated, decentralized system designed to streamline all steps from farmer to bartop or countertop, including manufacturing, logistics, and marketing.

The MVP is an integrated solution that tracks all elements involved in the production of spirits leading from farmer to retailer – including registering, moving, tracking, selling, buying, quality control, paperwork, importation, exportation, taxes, and inventory.

“To be ahead of schedule at this point is very satisfying,” commented ISBG CEO, Terry Williams. “You have configurations and a probabilistic universe you are going inhabit for a process like this. We have a very talented team working on this. But we also probably got some good luck and rolled a few sevens in a row. We are very excited about building out the system from here in terms of higher features.”

 

ABOUT ISBG-BENGALA BLOCKCHAIN PROJECT
The Project is a blockchain and Fintech company that represents the partnership between ISBG and Bengala Technologies LLC, (“Bengala”), a development firm that specializes in tailored technology solutions with an expertise in blockchain and distributed ledger technology. The platform consists of a marriage between the Internet-of-Things and the Blockchain to produce a comprehensive product management solution for the beverage industry. The company is creating a single, functionally-integrated, decentralized system designed to streamline all steps from farmer to bartop or countertop, including logistics and marketing.


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BOUT ISBG
ISBG is a Nevada-based alcoholic beverage company specializing in the development, marketing and global sales of innovative wine and spirits brands. The Company’s expertise lies in the strategic development and aggressive early growth of its brands and establishing these brands as viable and profitable. ISBG intends to build its own brands while seeking out individual acquisition candidates to continue to develop its pipeline of new brands into the ISBG portfolio. For more information visit: www.isbg.global

 

FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including “could”, “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential” and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company’s reports filed from time to time with OTC Markets (www.otcmarkets.com).

Contact:
For additional investor information:

International Spirit & Beverage Group, Inc.
info@isbg.global

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Matrix Exchange receives In-Principle Approval from Abu Dhabi Global Market

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Abu Dhabi-based crypto asset exchange, Matrix Exchange announced on July 12 that it has received an In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to operate as a crypto asset exchange and custodian in ADGM.

The United Arab Emirates keeps embracing and regulating blockchain & crypto assets into its financial system. ADGM was first in the Middle East and Africa region to establish and launch a fully operational and regulated crypto-asset framework and regime in June 2018. The ADGM business friendly and well-regulated ecosystem continues to attract more and global digital assets investors, blockchain technology companies and other related financial institutions to the UAE.

With digital assets becoming popular alternative investments, compliance is increasingly significant for investors and customers. “The IPA is an important milestone. Subject to regulatory approvals by the FSRA, Matrix Exchange aims to be a recognized regulated crypto asset exchange in the Middle East. It gives us the legitimacy to provide compliant, secure and reliable digital asset transactions for users when we are fully operational.” Matrix Exchange Chairman James Wo said.

With a particular focus on the UAE market, Matrix Exchange is also dedicated to establishing a world-class regulated exchange for international investors.

Matrix Exchange is sponsored by Digital Finance Group (DFG), which operates investments in both primary and secondary markets. DFG’s blockchain private equity fund has invested…

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Distributed E-Commerce: A New Commercial Civilization

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In recent years, during the “Double 11”and “618”shopping carnivals, Taobao, Tmall and JD transaction volumes have rocketed. Especially in 2018, the commodities turnover for the major e-commerce platforms increased rapidly through “618”e-commerce promotion. While centralized e-commerce has created beautiful transcripts, other e-commerce platforms find it difficult to obtain user flow while their customer acquisition costs remain high and consumer rights cannot be well protected. This create a sharp contrast between “prosperity and decline”. As a matter of fact, the centralized e-commerce is prominent in the current pain point, and its difficulty to obtain potential developments. On the other hand, the popularity of decentralized distributed e-commerce networks is inevitable.

The potential of distributed e-commerce

The root cause for the large gap between “prosperity and decline” is that the centralized e-commerce company born in the Internet era concentrates user flow, customers, and profits on itself, and enjoys the gradually accumulated traffic and benefits it brings. At the same time, it raises the entry barriers of other e-commerce companies, forming a monopoly situation. The centralized e-commerce model has a series of problems from information asymmetry between merchants and consumers, malicious malpractices, to inconsistencies. These problems are suspected of deceiving consumers, causing loss of consumer rights and causing a…

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Bitpanda raises €10 million in private sale for its coin BEST and launches public sale

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Vienna, 9th of July 2019 – Vienna-based fintech Bitpanda have today launched the public sale of their own ecosystem token. BEST (Bitpanda Ecosystem Token) is the coin of the globally expanding investment platform, Bitpanda. It will play a vital part in the company’s growth and will increase customer loyalty even further. BEST will offer a wide range of benefits to 1 million Bitpanda users.

  • BEST (Bitpanda Ecosystem Token) IEO public sale is live from July 9th 1pm CET until August 6th 1pm CET
  • Up to 500 million out of 1 billion BEST are for sale
  • BEST available for €0.09 per token during the first week of the public IEO
  • 25% trading fee discount when paying fees with BEST (Q4 2019)
  • Priority access to the upcoming Bitpanda Launchpad
  • Simple investing process with every supported digital asset on the platform
  • BEST trading starts on August 7th 2019 as part of the launch of the Bitpanda Global Exchange

Bitpanda, the Viennese fintech with 1 million users and more than 120 employees, have today launched the Initial Exchange Offering (IEO) for the Bitpanda Ecosystem Token. BEST is the coin of the Bitpanda ecosystem and offers its users a wide range of benefits. For example, users will get a reduction of 25% on Bitpanda trading fees and gain priority access to the upcoming Bitpanda Launchpad, which will be available later and…

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