Mr. Andrea Pagani reports

UPCO INTERNATIONAL INC. ANNOUNCES INTEGRATION OF BLOCKCHAIN TECHNOLOGIES INTO ITS E-WALLET

Upco International Inc. has successfully integrated leading-edge blockchain technologies into its e-wallet payment system as a step toward the development of a full-featured international invoice/payment/exchange/transfer system for hard currencies and invoice/payment/transfer for cryptocurrencies.

Upco's blockchain implementation significantly moves it toward demonstrating its blockchain technology's ability to maintain reasonable transaction time and rates as expected from mainstreamed payment application, but without the cost of resources associated with bitcoins and other cryptocurrencies. The company has developed a distributed platform using blockchain technology, and transactions can be confirmed almost instantaneously on the company's system, while it can take minutes or hours to confirm cryptocurrency transactions on current existing systems.

Andrea Pagani, chief executive officer and president, commented: "This is a massive step forward for our company having the integration of blockchain technologies in our e-wallet. This moves us a step closer to having a cashless society using blockchain technology."

About Upco International Inc.

Upco International is a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in on-line communications and commerce. Upco is a licensed global telecom carrier within the international VoIP (voice over IP) wholesale business. Upco has designed a software application for Apple iOS and Android, similar to Skype and WhatsApp. With the forthcoming addition of the Upco e-wallet using blockchain payment services, users will be able to: send invoices, approve payments, transfer international funds, convert international currencies, and track transfers and payments.

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