BRK, Inc./Gen2 Technologies Inc. (the ”Company”) (OTC:BRKK) is pleased to announce the formation of a new unit named “Gen2 Blockstone” focused on the exploitation of blockchain technology.
Gen2 Blockstone will commercialize Gen2’s groundbreaking IP which will allow for the capture of video and still imagery directly into native blockchain enabled format. This technology will permit the creation of “tamper-proof” and immutable video and pictures which can service numerous applications and industry verticals.
Mr. Michael Kovacocy will be Managing Director of Gen2 Blockstone and continue in his current role of COO and Head of IR of Gen2 Technologies.
Management expects this new business to transition Gen2 Technologies towards a more balanced profile, with a “software” and capex light business to complement the existing Gen2 camera business. We believe that our new IP will offer substantial potential for licensing opportunities.
BRK Inc./Gen2 Technologies Inc. (OTC PINK: BRKK), established in 2008, BRK/Gen2 is the next generation in live-action broadcasting technology. We are a full-service provider geared to professional leagues and athletes, whether it be traditional sports, extreme sports or esports, and that will allow fans to watch them in action from perspectives that do not exist today. Our niche is that we are a second screen content provider that does not pose a threat to first screen media but rather we provide the opportunity to pioneer complimentary content and campaigns. In addition to the above, Gen2 technology is being developed for applications in security, law enforcement and other industrial verticals.
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