WABUSH, NL, Aug. 16, 2018 /CNW/ - BlockLAB Canada, a Labrador-based blockchain technology company, is pleased to announce that it has been approved for its application for electricity from the Board of Commissioners of Public Utilities for Newfoundland and Labrador. The application was submitted to Newfoundland and Labrador Hydro for the purposes of operating a blockchain technology data centre in Wabush, Newfoundland and Labrador.
"We welcome the exciting news of the approval for our Aurora project site in Wabush, Labrador", said Mike Darrigan, Co-founder and Chief Executive Officer of BlockLAB. "This project will showcase how a team of local experts, working with the community and stakeholders can bring a project like this to fruition."
The BlockLAB team is led by a dedicated group of Labradorians with significant industry experience, who are working to make Labrador West a hub for blockchain technology development. In addition to creating new economic opportunities in Labrador West, the employment and training potential, coupled with the financial contributions to the provincial and municipal governments make this project a win-win.
"The Aurora project further solidifies BlockLAB as a Canadian leader in blockchain technology development and has a comprehensive plan to expand the business. We will do this while continuing to incorporate stakeholder and community engagement," added Darrigan. "We know of the unique opportunity to continue the growth and success of BlockLAB while simultaneously working to strengthen our local community which we are very much a part of."
BlockLAB is a Wabush-based company specializing in the blockchain applications industry. It is led by a dedicated team of Labradorians with significant industry experience, who are passionate about making the region a hub for blockchain technology development, while also diversifying of the economy of Labrador West, attracting new jobs and training, and continuing to expand on the potential of blockchain in daily life and business.
For further information: Christian von Donat, BlockLAB Public Affairs, Cell: 613-408-0498, Email: Christian@impactcanada.com