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Hunter Technology (TSXV:HOC) introduces Hunter Marketplace Solutions

Technology
TSXV:HOC
25 October 2021 09:00 (EDT)

Source: Hunter Technology

Hunter Technology (HOC) is pleased to announce the launch of Hunter Marketplace Solutions (HMS).

Hunter Marketplace Solutions is designed to replace inefficient paper processes requiring numerous interactions between producer, wholesale distribution networks and consumer or retail. 

Core HMS functionality enables essential marketplace processes to be organized and structured for the benefit of all market participants. 

HMS-powered marketplaces will support an end-to-end digital transaction workflow, allowing easy and open integration with third-party providers via API or blockchain protocols.

HMS will be distributed via a partner network approach. This will enable partners to provide additional services to their clients as part of the implementation of a new marketplace.

The first HMS-powered solution is OilEx, which connects independent oil producers, buyers, and traders in a trusted digital marketplace to optimize prices, simplify processes, improve transparency, and support a reduced carbon footprint.

As part of the current review being undertaken by the newly appointed CEO, the company will not be proceeding with the previously announced private placement.

Hunter Technology Corp. develops interactive software platforms powered by blockchain technology that digitalize and streamline physical oil trading.

Hunter Technology Corp. (HOC) opened trading at C$0.26 per share.

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