Mr. Akash Patel reports

GLOBAL REMOTE EXPLORES BLOCKCHAIN TECHNOLOGY

Global Remote Technologies Ltd. is updating its shareholders, further to the company's news release dated Nov. 6, 2017.

The company's current business model is collecting oil and gas field data across its broad infrastructure through numerous and varied sensor technologies. However, the integration, collection, assessment and proper distribution of these data have varied from program to program. Global Remote, using its sophisticated data aggregation, new algorithms and display abilities, has solved this problem. The company hopes that its future asset acquisition in blockchain technology can be used jointly with its existing assets, thus benefiting its overall business. Some oil- and gas-based clients can be rather disorganized, wherein multiple entities maintain their own databases and data sharing can become very difficult due to the disparate nature of the systems. As blockchain can serve as a single shared ledger among interested parties, this can result in simplifying this model by reducing the complexity of managing the separate systems maintained by each entity.

With such wide-ranging possibilities, blockchain can enhance the quality of service delivery while improving confidentiality and integrity of data. With the ability to provide secure and transparent transactions, blockchain seems poised to be one of the digital world's key pillars.

The company looks forward to updating its shareholders on future acquisitions.

About Global Remote Technologies Ltd.

The objective at Global Remote Technologies is to reduce operational costs in the energy domain, specifically the oil sector, with unique, proprietary techniques and technologies that support upstream, mid-stream and downstream processes. Services are developed to create custom solutions that improve performance, improve health and safety standards, and bring significant savings to clients. Global Remote operates in rugged locations around the globe, with offices in Canada, Mexico, Oman and the United States.

We seek Safe Harbor.