-- Leading the digital transformation of precious metals mining with 
cutting-edge blockchain technology, Karuschain (KRS) opens its doors to 
additional mining companies worldwide to participate in the official beta 
testing phase.

Karuschain, a blockchain-enabled supply chain tracking and traceability 
software company for the global precious metals mining industry is announcing 
the opening of its beta tester applications.

Select companies will have the opportunity to work alongside a world-class team 
to understand the many facets of blockchain technology, the real-world use 
cases, and to have a framework for evaluating for their businesses. These 
companies will play a critical role with the Karuschain team to continue to 
develop the most valuable solution possible to meet the needs of the industry.

The Karuschain platform offers dramatic advancements and improved efficiencies 
for companies to be able to meet their compliance requirements set forth by 
global organizations such as the OECD and LBMA by leveraging blockchain and 
smart contract technology. Karuschain predicts companies to experience dramatic 
improvements, cost savings, and increased protections.

Richard Verkley, CEO of Karuschain: Together, this incredible team and I have 
combined over 270 years of precious metals and mining experience to arrive at 
where we are today. The industry is long overdue a transparent and innovative 
solution that focuses on the needs of its people, and the timing couldn't be 
more ripe for that than now. Improving the current outdated, 
exorbitantly-costly and inefficient supply chain management practices is 
something we have been called to do, and also something I feel incredibly 
excited about. Each of us understands that digital transformation in the sector 
is no longer a matter of "if", yet it's a matter of "when".

According to a report by the World Economic Forum, within the next ten years, 
digitalization could generate over $320 billion of industry value with a 
potential benefit of approximately $190 billion for the mining sector and $130 
billion for the metals sector. The total for Mining and Metals is equivalent to 
7% of industry revenue and 9% of industry profit.

To apply for your company to participate in the Karuschain Beta Program, apply 
online at www.karuschain.com. Applications will be reviewed on a first-in basis 
with a limited number of vacancies.

For all media inquiries:
Kaitie Zhee
Spacemade Media
+1.305.857.8700
kaitie@spacemademedia.com

SOURCE: Karuschain