TAAL announces support for Bitcoin SV blockchain security

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TORONTO, July 12 2021 / CNW / – TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and services provider for enterprise, today announced that TAAL will contribute its resources in support of the Bitcoin Association’s mandate to create a regulatory-friendly ecosystem that fosters legal conduct while encouraging digital currency and blockchain innovation. .

TAAL Distributed Information Technologies Inc. (CNW Group / Taal Distributed Information Technologies Inc.)

Bitcoin Association (for BSV) is a Swiss-based, global, non-profit industry organization that underpins the Bitcoin SV blockchain, one of Bitcoin’s main competing chains and one that follows Bitcoin’s original design. The Association provides Bitcoin SV Node software and other infrastructure tools for the network.

TAAL is a proud supporter of the Bitcoin Association and the Bitcoin SV Infrastructure team, which deliver key software and help maintain the network that powers the solutions and services we provide to our customers.

The Bitcoin Association released a statement on July 8, 2021 informing its members and the public of an attack on the Bitcoin SV network, warning that a malicious actor recently carried out bulk reorganization attacks on the Bitcoin SV network (BSV ), which appear to be intentional acts in order to disguise the illegal double spending of coins. A full investigation is underway and the Bitcoin Association is committed to pursuing any legal action (including reporting to the appropriate law enforcement agencies) necessary to bring such activity to an end.

TAAL supports the Bitcoin Association and the BSV ecosystem in a zero tolerance policy against illegal activity on the Bitcoin SV network and efforts to suppress and report any malicious and illegal activity initiated by third parties. TAAL, as the responsible participant of the BSV network, will continue to work with the Association and other industry participants, including providing resources to maintain a healthy, stable and secure ecosystem for application development. and business adoption.

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About TAAL Distributed Information Technologies Inc.

TAAL Distributed Information Technologies Inc. provides value-added blockchain services, providing professional grade and highly scalable blockchain infrastructure and transactional platforms to help businesses build solutions and applications on the BitcoinSV platform, and to develop, operate and manage distributed computing systems for corporate users.

Visit LANGUAGE online at www.taal.com

The CSE, nor its regulatory services provider, accepts no responsibility for the adequacy or accuracy of this release.

SOURCE Distributed Information Technologies Taal inc.

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