Mr. Patrick Gray reports

HASHCHAIN TECHNOLOGY REPORTS A 52% INCREASE IN USERS FOR THEIR CRYPTOCURRENCY ACCOUNTING AND TAX SOFTWARE SINCE NODE40 ACQUISITION

Hashchain Technology Inc. had a 52-per-cent* increase in users for its cryptocurrency accounting and tax software, Balance, since the acquisition of Node40 on Jan. 30, 2018. Between February and April, 2018, Balance integrated support for the Coinbase and Gemini exchanges to expand the service to more high-volume cryptocurrency traders.

Balance is a software as a service (SaaS) that offers cryptocurrency holders a simple and accurate way to keep track of transactions by analyzing the blockchain to report capital gains and losses. Cryptocurrency users can upload data from any hardware or software wallet as well as their Coinbase and Gemini exchanges. When the user authorizes read access to his or her transaction history, Balance provides both a high-level and detailed summary, including date, time, transaction type, short-term or long-term gains, and price differential. Once the gains and losses are calculated, the software automatically details the information on a worksheet that can be shared with a CPA to(chartered professional accountant) file at tax time.

"The recent tax season lit a fire under cryptocurrency holders, who learned the complexities and ROI [return on investment] impact of regulatory compliance," said Patrick Gray, chief executive officer of Hashchain. "With Balance, we have developed a simple-to-use solution that gives users the ability to track gains and losses in real time to determine taxes owed and help create a more accurate depiction of their total coin profits throughout the year. Hashchain is dedicated to continuing integrations with new exchanges and growing the user base even further."

For a limited time, the Balance solution will be available free of charge. To create an account, visit the Node40 website.

* The percentage of user growth was determined based on total users of the platform from January, 2018 (720), through April, 2018 (1,091). The software in its beta form has been available to users free of charge.

About Hashchain Technology Inc.

Hashchain is a blockchain company and the first publicly traded Canadian cryptocurrency mining company to file a final prospectus supporting highly scalable and flexible mining operations across all major cryptocurrencies. Hashchain taps low-cost North American power, cool climate and high-speed Internet -- the trifecta most critical to mining success -- to create a competitive position for maximizing the number of mining wins.