MEDELIN, COLUMBIA / ACCESSWIRE / December 21, 2022 / Santo Mining Corp., dba Santo Blockchain Labs (OTC PINK:SANP) today announces that it has gone live with the Chimba Blockchain website The Chimba Blockchain is developed by Santo Blockchain Labs using the Cosmos Network Hub Infrastructure and will be the first Colombian blockchain built on the Cosmos Network exclusively for Colombians.
Mr. Yglesias CEO of Santo Blockchain Labs stated; “We have been tasked with developing an exclusive blockchain ecosystem for the people of Colombia over the last 6 months called CHIMBA. CHIMBA is a slang word in Colombian culture that means “cool, great, bad, party and many other local meanings . Santo will develop, maintain the blockchain and create a local support for Colombian developers, in addition to the 50 Santo ATMs, which will be used as an on-ramp for the Chimba Token. Santo will also develop an SDK for local developers, to develop Dapps and other local blockchains on the Chimba Blockchain.
ABOUT CHIMBA BLOCKCHAIN
CHIMBA is the first Colombian blockchain developed on the COSMOS NETWORK for Colombians. The CHIMBA Blockchain is actually a decentralized blockchain network, with the possibility for local developers using our CHIMBA SDK to create applications or blockchains in the CHIMBA ecosystem, in parallel and independently. CHIMBA Blockchain is a project focused on Colombia, to offer an infrastructure capable of uniting several independent blockchains, being part of the COSMOS NETWORK HUB and making them interoperable with each other. The intention of the CHIMBA Blockchain is to allow these local blockchains, the value and the applications to run on them, to communicate with each other using a standard that guarantees said operations and that they can be performed quickly.
ABOUT SANTO:
The company is a vertically integrated blockchain and cryptocurrency company that manages, operates and develops end-to-end “BaaS” Blockchain-as-a-Service, similar to software-as-a-service, blockchain as a service allows businesses get applications up and running with minimal issues.
For more information, please visit: https://santoblockchain.com/
FORWARD-LOOKING STATEMENTS:
Because we want to provide more meaningful and useful information, this disclosure statement contains certain “forward-looking statements” (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended). These statements reflect our current expectations regarding our possible future results of operations, performance and performance. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, regulation by the Securities and Exchange Commission and common law.
Such statements use such words as “may,” “would,” “will,” “intend,” “expect,” “believe,” “plan,” “anticipate,” and other similar terminology, specifically, and without to limit the generality of the foregoing, this report contains forward-looking statements relating to (i) expectations regarding the future trading and value of bitcoin (ii) the expected performance of the Company, including expected future revenue and profits and the number of machines (iii) the expected timing and ability of the Company to further expand internationally (iv) the Company’s ability to complete future acquisitions (v) anticipated future expenses of the Company (vi) the Company’s business plans and objectives, including the expansion of ATMs, its relationship with the Company’s multiple hosts and resellers and the integration and success of new software and online services (vii) the expected timing of mining and introduction of additional bitcoin (viii) the expected success and integration of the Company’s SA NTO PAY Software (ix) expectations regarding the increased use of bitcoin as payment and (x) the Company’s goals with respect to its expected future sources of revenue (including online revenue) and the timing thereof By their nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, giving rise to the possibility that predictions, forecasts, estimates and other forward-looking statements will not be achieved Forward-looking statements are based on management’s opinions, estimates and assumptions in light of their experience and perception of historical trends, current conditions and expected future development, as well as other factors that management currently believes are appropriate and reasonable under the circumstances, including expectations and assumptions regarding current exchange rates and differences in exchange rates, the adequacy of budgeted capital expenditures to carry out planned assets, the timing of future acquisitions, the economy’s condition and the bitcoin industry’s results of operations business prospects and opportunities the impact of competition the ability to effectively integrate assets and employees acquired through acquisitions and capital markets in general No assurance can be given that the underlying opinions, estimates and assumptions, and consequently forward-looking statements and actual results, will prove to be correct.
SOURCE: Santo Mining Corporation
