IOT Group Limited has developed a web-based BAC platform to provide customers with an alternative means to mine crypto-currencies. IOT announced that the BETA version has been released on November 28, 2018. Blockchain-mining is a process where miners are rewarded with crypto-currency, such as Bitcoin and Ethereum, in exchange for providing the computing power needed to maintain the network. IOT has built a network of crypto-currency mining providers, across the globe to mine crypto-currency. The web-based Blockchain Application Centre ("BAC") platform provides customers with access to these networks, through its simple to use web service. The networks own mining computers, known as rigs. These rigs perform the complex crypto mining operations on behalf of the customer, depositing coins mined into the customers' digital wallets. IOT has released the BETA version of the web-based BAC with eight packages available to customers. It is expected that the BAC platform will generate immediate cash inflows to the Company from up front and subscription-based packages. IOT intends to build on this service over the coming months by offering new Blockchains to mine and to create a central hub of news and information for the Blockchain-mining customer.