Mr. Patrick Gray reports

HASHCHAIN TECHNOLOGY ANNOUNCES ASSET PURCHASE AGREEMENT WITH 1042 VENTURES, LLC.

Hashchain Technology Inc.'s Global Crypto Public Accounting Ltd. has entered into an asset purchase agreement with 1042 Ventures LLC. This transaction supersedes the proposed transactions previously announced on Feb. 15, 2018, and Sept. 20, 2018.

The terms of the asset purchase agreement between Global Crypto Public Accounting and the buyer are as follows:

• Global Crypto Public Accounting agrees to deliver to the buyer all assets and proprietary software related to the Node40 platform.
• In exchange for the assets related to the Node40 software mentioned above, the buyer agrees to forgive the $5.2-million (U.S.) of debt owed to it by Global Crypto Public Accounting.
• Global Crypto Public Accounting shall deliver to the buyer an amount equal to $400,000, less expenses paid for by Global Crypto Public Accounting from the period beginning on Nov. 1, 2018, and ending on the closing date of the agreement.

"Hashchain is excited that we were able to complete an agreement with 1042 Ventures LLC. This arrangement allows their organization to develop independently in the blockchain technology space while relieving us from an outstanding debt," commented Patrick Gray, chief executive officer and president of Hashchain Technology. "This agreement furthers emphasizes our vision of concentrating solely on cryptocurrency mining, and will afford us the opportunity to grow our business and consider focused strategies and potential investments.

"Furthermore, following our strategic acquisitions in the second half of 2018, our company currently has an inventory of 11,895 rigs that have the ability to operate with 17.5 megawatts of power. We are pleased with the direction of the company and will continue to look for strategic opportunities to increase our presence in the cryptocurrency space."

About Hashchain Technology Inc.

Hashchain Technology 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 Technology currently operates 100 Dash mining rigs and 8,395 Bitcoin rigs, with an additional 3,500 rigs to be deployed from its previously announced acquisitions. Once all rigs are operational, Hashchain's mining operations will consist of 11,995 rigs consuming approximately 17.5 megawatts of power.