Mr. Chris Marsh reports

BLOCKCHAIN FOUNDRY ANNOUNCES PHASE 2 BLOCKCHAIN DEVELOPMENT AGREEMENT WITH GDPR COMPLIANCE SOLUTION PROVIDER

Blockchain Foundry Inc. has entered into the second phase of a blockchain development agreement with a client in the general data protection regulation compliance space. This phase of the agreement is valued at approximately $60,000 and will last for approximately seven weeks. The prior, initial phase of the agreement was valued at approximately $50,000 and has now been completed. For more information on the initial engagement, please refer to the company's press release dated Oct. 5, 2020.

GDPR is a regulation in European Union law concerning data protection and privacy. The market for GDPR compliance services in Europe is estimated to be worth approximately $1.2-billion (U.S.) by 2023.

Pursuant to the agreement, Blockchain Foundry will work with the client to complete the MVP of its GDPR compliance solution. The client expects to undertake more product development beyond the MVP phase and BCF will have the opportunity to establish itself as the preferred vendor for future development initiatives.

About Blockchain Foundry Inc.

Blockchain Foundry develops and commercializes blockchain-based business solutions and provides consulting services to corporate clients seeking to incorporate blockchain technology into their businesses.

We seek Safe Harbor.