[2017-05-05] BS: MPS Infotecnics enters into MoU with QzIP Blockchain Technology

MPS Infotecnics enters into MoU with QzIP Blockchain Technology

http://www.business-standard.com/article/news-cm/mps-infotecnics-enters-into-mou-with-qzip-blockchain-technology-117050500893_1.html

MPS Infotecnics announced that the Company has entered into MOU with QzIP Blockchain Technology LLP (Qzip.in) (hereinafter referred to as QzIP), whereby QzIP will proivde the knowhow and the requisite software artictural elements for Blockchaim Technology integeration, into the MPA e-commerce platform upon a commercial basis.

Further, the company is creating a white labelled e-commerce platform which can be used by retailers for hosting their business e-commerce sites, under their respective branding. Also the company will be the first company in India which will be providing e-commerce platform based on Blockchain Technology.

The MoU is for a period of 12 months from the effective date i.e. 04 May 2017 untill & unless extended for a further period based on mutual terms.