10:20:44 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Greenbriar Capital Corp
Symbol GRB
Shares Issued 18,833,176
Close 2018-10-09 C$ 1.40
Market Cap C$ 26,366,446
Recent Sedar Documents

Greenbriar's RealBlock enters operations with Title

2018-10-10 02:33 ET - News Release

Mr. Jeff Ciachurski reports

GREENBRIAR CAPITAL CORP ANNOUNCES MAJOR ADVANCEMENTS AT REALBLOCK

RealBlock, Greenbriar Capital Corp.'s blockchain-based, real estate transaction platform, entered into commercial operations on Oct. 8, 2018, with Title Security of Arizona. RealBlock, a subsidiary of Greenbriar, has completed the first phase of functionality that will help eliminate wire fraud during real estate settlements.

According to the FBI, real estate wire fraud has increased 500-fold in just two years. Title Security of Arizona (TSA) was the first title company to employ this new platform.

Tommy Sullivan, chairman of TSA, said the current system of conveying bank wiring instructions is no longer safe: "The risk is too great to continue on as we are. RealBlock will be the new standard of care in our business. We can no longer depend on e-mails and portals to deliver wire instructions."

RealBlock was developed by Professor Todd Taylor, the founder of the blockchain research lab at Arizona State University, and a team of blockchain architects and developers. According to Mr. Taylor, "Blockchain permissions, military-grade security, distributed ledger and encryption will greatly reduce the threat of fraud."

About Greenbriar Capital Corp.

Greenbriar is a leading developer of sustainable real estate, real estate blockchain and renewable energy. With long-term, high-impact, contracted sales agreements in key project locations and led by a successful, industry-recognized operating and development team, Greenbriar targets deep-valued assets directed at accretive shareholder value.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.