OTCSTOCKSDD: Blockchain Technology

(OTC PINK: PTSC) The board and management initially evaluated a number of potential areas for investment and have now received the results of a feasibility study that we believe support pursuing business interests with a focus of using distributed ledger, also known as blockchain technology, in life sciences product development. The areas of opportunity span the continuum of drug development from drug discovery to pharmaceutical manufacturing to clinical development. The company intends to explore the possibility of partnerships/investments relating to distributed ledger technology in these areas in order to grow shareholder value. https://bit.ly/2Pm8FNu

Blockchain, sometimes referred to as Distributed Ledger Technology (DLT), makes the history of any digital asset unalterable and transparent through the use of decentralization and cryptographic hashing. A simple analogy for understanding blockchain technology is a Google Doc. Blockchain is an especially promising and revolutionary technology because it helps reduce risk, stamps out fraud and brings transparency in a scaleable way for myriad uses.

Here is what Carlton Johnson, Patriot's Chief Executive Officer stated, "We have evaluated a number of potential areas for future investment and have identified the emerging area of distributed ledger technology as an attractive area to pursue. Data security, integrity and auditability are core to the development of new drugs and we believe that the use of blockchain technology in this area has exciting potential, In order to advance our interest in this area, we intend to pursue partnerships or business relationships with drug development, blockchain and other complementary technologies, such as artificial intelligence, to develop solutions for the drug development sector. We look forward to updating our stockholders on these efforts in the near future as progress is made." https://bit.ly/2Pm8FNu

Patriot Scientific Corp. future looks promising as blockchain technology remains a quickly-growing area of growth for companies across a host of industries. It is possible that blockchain technology will ultimately be seen as the most important innovation to come out of the cryptocurrency boom. https://bit.ly/2EM7Awj

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