NovaTeqni reviewing adoption of blockchain technologies, gives corporate update

NovaTeqni Corporation announced it has been reviewing blockchain technologies that would contribute to the company’s existing business verticals.

The markets for blockchain can fall anywhere from biometrics-based payments and secure money transfer to voter registration, voting and voter verification, along with being used in pre-payments for utilities and services.

In August, NovaTeqni entered a manufacturing, development and sales agreement with Mobizent LLC for the manufacturing and sale of the new MobiCHKII mobile biometrics handheld device.

In a corporate update to shareholders, the company revealed it is now testing MobiCONNECT as well as developing the biometrics enabled mobile MobiCHK II computer.

Both MobiCHKII and MobiCONNECT are aimed at the law enforcement sector in the United States and beyond.

Mobizent will initially market and sell the MobiCHK in the U.S. and in India, then later expand its marketing efforts of MobiCHK on a global scale.

In addition, Novateqni is offering MobiCHK to it’s existing and new customers in Africa. Mobizent is expected to roll-out the first order for the MobiCHK and MobiCONNECT devices later this month.

“We are very pleased to be completing the work for Mobizent and the team is working hard on growing our presence in our areas of expertise,” Novateqni CEO Gerhard Mynhardt said.

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