Blockchain Holdings Ltd (CSE:BCX) said it is planning to change its corporate name to TraceSafe Inc as it continues to focus on data and analytics and growing its wearable safety technology business, known as ‘Safety Tech’, which it is currently implementing for enterprise and large-scale venues.
The company also said that it will change its ticker symbol on the Canadian Securities Exchange to ‘TSF’, the date of which will be announced in the near future.
READ: Blockchain Holdings subsidiary TraceSafe Technologies labeled "world leader" in health and safety wearable technology by Mackie
In a statement, the company’s president and chief executive Wayne Lloyd said: "So far, the feedback on the TraceSafe's Safety Tech lineup has been stronger than anticipated with governments implementing the Tracesafe technology as part of official programs and pilot programs.
"We are very excited to unveil ongoing product expansions into Enterprise and Venues."
TraceSafe is a self-quarantine monitoring system that consists of a bracelet or access card that has an embedded chip that can trace the wearer’s location. The product can track and manage people who are self-isolating in quarantine.
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