Blockchain Technology"Our Game Changer"
GAHC incorporated GAHI Acquisition Corp. to be the merger subsidiary for the acquisition of Blockchain Technologies Corporation (“BTC”). Currently, GAHC and BTC have entered into an acquisition arrangement where BTC will merge with GAHI Acquisition Corp. GAHC has commenced a tenable accumulation of up to 30% of BTC in this initial transaction and are working quickly to acquire more. BTC is a technology company which leverages the underlying crypto technology of Bitcoin [Blockchain], acting as a seed accelerator. BTC currently features a number of innovative startups utilizing the Blockchain and operating within the crypto technology field.
Blockchain technology is “the most important invention since the Internet itself.”-Marc Andreessen, one of Silicon Valley’s top venture capitalists
What Does the Acquisition of BTC Mean for GAHC?
Besides the six startups that are under the "BTC" umbrella, the company is building a voting program that will allow our subsidiary GES to conduct more elections, in more industries, increasing its already impressive revenue exponentially. This is why we're so excited about our BTC acquisition. Learn more about BTC here.
What is a Blockchain?
A blockchain is a public ledger of transactions. All transactions are broadcast to a network of subscribing nodes, and each node updates its own copy of the ledger with the new transactions. Once a new group of transactions is verified, a block is created and added to the blockchain. All transactions for the ledger are publicly visible and verifiable based on previous blocks. Essentially, blockchain is a ledger that anyone can add things to but no one can remove anything from. This creates a certain and verifiable record.
Why is Blockchain Important?
Basically, blockchain technology offers industry a technology that can make cyber security an afterthought. Because there is no centralized “point of failure” the computing power necessary to hack a blockchain is nearly impossible to achieve. While blockchain technology is most well known for being the backbone of Bitcoin. BTC is leading the charge in exploring blockchain applications in everything from banking to elections.