YDreams Global Interactive Technologies Inc. (TSXV: YD) (OTC Pink: YDRMF) (FSE: A2AP0L) ("YDreams Global" or the "Company) is pleased to announce that it has signed a Memorandum of Understanding ("MOU") with the highly innovative eSports platform company Ubique Networks.
Ubique Networks has operations in eight countries around the world and is a leader in lagless eSports infrastructure and platform. They will be launching an innovative blockchain solution for the eSports sector.
The MOU establishes a mutual collaboration for both companies, allowing YDreams Global to leverage Ubique´s expertise and platform in relation to the expansion of YDream Global's blockchain, cryptocurrency and eSports initiatives. YDreams Global will assist in building and expanding Ubique's international presence and incorporate Ubique's technologies into YDreams Global's proprietary virtual gaming solution, "Arkave." These are very rapid and scalable programs that may benefit from the partnership.
The goal is to combine the knowledge of both companies and use the blockchain technology towards such things as eSports Tournaments and Arkave, which is the Virtual Reality gaming facility created by YDreams Global.
"This partnership will strengthen our sustainable competitive advantage," states Vijai Karthigesu, Founder & CEO of Ubique.
"This partnership is part of our strategy of increasing our blockchain, ICO and cryptocurrency initiatives. By partnering with cutting edge blockchain experts like Ubique we are positioning ourselves inside the blockchain community at a time when the focus on this new global hyper-growth segment is in its early stages," states Daniel Japiassu, CEO of YDreams Global. "We are very bullish on the blockchain applications, and we at YDreams have been pioneers in the cutting edge technology of virtual and argument reality and feel this vertical may be a perfect fit with our consistent tech driven culture."
About Ubique Networks
UBIQUE Networks delivers the Ultimate Lagless Gaming Experience for eSports gamers through its Swarmio eSports Platform, which is built on its proprietary, purpose-built, distributed and dedicated cloud infrastructures network around the globe to optimize latency.
www.Ubiquenet.com; @UbiqueNetworks