Telidyne Inc. cancelled the acquisition of Ducon Infratechnolgies Limited.

Telidyne, Inc. is a technology company. The Company is providing software development services and offering digital payments through its mobile application TELIBIT. The application is for digital financial transactions and also provides customized software development to a wide variety of companies using blockchain technology. The Company provides an update on mobile application which is available to customers for download on android platform. It allows peer-to-peer payments and is a two-sided network, both buyers and sellers who have Telibit accounts with a digital wallet balance can perform a transaction.