NEVADA, October 2, 2018 — LIGHTHOUSE GLOBAL HOLDINGS, INC. (OTC: LHGI), a diversified holdings company in the real estate development, property industry and disruptive technology for more efficient and effective performance leveraging on innovative solutions, announced today that the Company has signed a $150,000 agreement for the development of a blockchain technology solution with GLC Fintech Ltd, a public company by guarantee in Singapore.
The terms of the deal call for Lighthouse to develop a resort and spa ecosystem that will revolutionize the resort and spa marketplace, which is a $800 billion industry. This blockchain ecosystem will be able to generate big data analysis. Coupled with an AI auto-suggestion solution, this industry will see a rejuvenation of higher efficiency, better security, cutting waste, and improving bottom line by at least 20% for Resort & Spa operators. This system, when it achieves widespread adoption, would allow guests, vendors, workers and resort and spa owners to enjoy better prices, services, higher margins without cutting corners. GLC Fintech Ltd will pay $150,000 in tranches based on reaching certain milestones with $50,000 upon signing and another $50,000 on completion of the Alpha Testing expected in Q1 2019. Project completion of a tokenized platform is expected by the end of Q2 2019. Lighthouse Global will retain the intellectual property; such as the blockchain technology, big data and AI programming, from the project. Lighthouse Global will not be involved in GLC’s tokenized operations.
“Lighthouse embarked on this project because we see a huge potential of this Blockchain, Big Data & AI 3-in-1 solution for this billion dollar industry to become our next “Unicorn”. We are in the business of being a “Unicorn” Breeder. Its slightly different from an incubator or an accelerator. A breeder produces a start-up, nurtured and develop it into a Unicorn. This platform may allow us to penetrate consumers market without expensive advertising and promotion budget.” said LHGI CEO, Mr. Danny Lim. “There is a real world problem when it comes to attracting, retaining, and defining customer preferences in the wellness tourism because there are too many options and competition. When we can harness the power of this 3-in-1 technologies, the wellness tourism market will change the way it operates, expand and operate its business. More importantly, collecting big data will help us in our future endeavours. We anticipate another Unicorn in the making. This is exciting.”
GLC Fintech Mr Daryl Yeo said, “After careful review of multiple teams, we chose to collaborate with Lighthouse Global for its understanding of developing a blockchain, big data and AI with a real value proposition. I believe our members will be excited about this and we are enthusiastic about the benefits and advantages the system will be providing for our thousands of members to come.”
About Lighthouse Global Holdings, Inc.
Lighthouse Global Holdings inc.is a diversified holdings company that acquires emerging companies in key industries where rapid revenue growth and market share penetration are poised for significant gains. Our main focus is to acquire, invest and partner with companies that have competent management teams with provable experience in their industry and have developed products or services that have a unique edge in their marketplace. Our evaluation
matrix and consultant screening process help us filter hundreds of opportunities to effectively pick companies that can grow and evolve into high performing growth entities. In short, we hope to be one of the largest Unicorn Breeders in time to come. For more information on Lighthouse Global Holdings, Inc., visit www.LHGIncorp.com.
About GLC Fintech, Ltd
GLC Fintech, Ltd, is a registered Public Limited Company by Guarantee, incorporated in Singapore, one of the world’s leading Financial Hubs. GLC Fintech final objective is to reach out to millions of global members, who are keen in the resorts and spa travel and lifestyle. GLC will develop its own token to enable a more efficient way of transactions and effective distribution globally.
CONTACT INFORMATION
Resources Unlimited
Mike Sheikh/Dana Salzarulo 860-908-4133
mike@resourcesunlimitedllc.com
