Global Blockchain Mining Corp (CSE:FORK) said Wednesday that it will operate master nodes for two-tier blockchain networks that use service nodes to provide trust services for features such as expedited transactions.
The company added that it has been looking at running a data center to provide computing power for artificial intelligence applications.
READ: Buying Bitcoin: A beginner’s guide to dealing in cryptocurrency
"A defining value of FORK, as a business, is investing in infrastructure, as opposed to speculating on assets," CEO Shidan Gouran said in a statement.
A master node is a governing hub for some cryptocurrency networks, with a node being a computer running a network. To own a master node, operators are required to commit collateral, which can be confiscated in cases of fraud, according to Global Blockchain Mining.
A service node is a connecting point for data transmission.
Contact Dennis Fitzgerald at dennis@proaciveinvestors.com