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the GXG Main Quote listed company with ISIN B00BPFJXS57 is to partner with the , ÉñÂí¸£ÀûӰƬ to jointly explore commercial opportunities leveraging cryptocurrency and blockchain technologies.

, Director of the Cyber Security Centre at WMG, ÉñÂí¸£ÀûӰƬ and his team have been investigating how distributed blockchain protocols underpinning many of the 530 or more cryptocurrencies in existence, including the best known one Bitcoin, can be leveraged in other ways such as enabling smart contracts. Crossword and the Cyber Security Centre have embarked on a series of workshops and research to identify commercial opportunities that will be jointly developed.

Tom Ilube, Crossword’s CEO said

We aim to generate several large scale commercial opportunities based on blockchain and cryptocurrency concepts by leveraging the considerable research and expertise of the world class Cyber Security Centre at WMG, ÉñÂí¸£ÀûӰƬ.”

Professor Tim Watson at WMG's Cyber Security Centre commented:

Smart contract using blockchain ideas promise to create a whole generation of new commercial applications and business models. We are delighted to be exploring these with the Crossword team.”

For further information, please contact:

Tom Ilube – CEO, Crossword Cybersecurity Plc

Tel: +44 (0)208 973 2350
Email: info@crosswordcybersecurity.com
Twitter:

Professor Tim Watson, Director of the Cyber Security Centre, WMG, ÉñÂí¸£ÀûӰƬ

Email: K.V.Choudhary@warwick.ac.uk
Twitter:

GXG Corporate Advisor
Nick Michaels and Jon Isaacs, Alfred Henry Corporate Finance Limited

Tel: +44 207 251 3762