INVESTING IN THE FUTURE OF TRANSACTION PROCESSING

Mission Statement

To be a world-class, vertically integrated, blockchain infrastructure and service provider, enabling customized solutions to enterprise clients.

Letter from TAAL Chief Product Officer

Letter from TAAL Chief Product Officer

The invention of Bitcoin, and the blockchain technology that underpins it, is the biggest revolutionary force of our decade. Like the internet in the 90s and the emergence of the World Wide Web in the 00s, it accelerated and transformed the commercial world and the industry as a whole, with technology ushering in a new model of business.

But, the business of Bitcoin mining that initially propelled the industry is quickly becoming obsolete. For the last 10 years, the model of Bitcoin mining has been a business that operates in the shadows. Like miners in the physical world, operations were ‘stand-alone’ in that they could operate while being mostly disconnected from the real world, setting up data centres, performing SHA256 hashing first with CPUs, then GPUs, and finally with faster and more efficient ASIC units. This business paid for the initial build-out of the network infrastructure, but it was funded by the built-in protocol subsidy. While the subsidy was meant to bootstrap the network, it was not intended to maintain it in perpetuity. We have now reached a breaking point where the industry must adapt.

To survive in the long run, growth must be maintained by transaction processors, who will build out the needed data centres, network bandwidth, and computation processing power in order to process more and more transactions. In this new era,  transaction processors are compensated through the transaction fees they earn from users. To be competitive, transaction fees must be cheap, comparative to existing solutions, in order to motivate businesses to opt for blockchain solutions over conventional technologies such as the VISA network for payments, a cloud storage provider for file storage, or a standard multiuser database to share data among clients.

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Company Timeline

August 6, 2020

TAAL FILES SECOND PATENT FOR LAYER 1 TOKEN TECHNOLOGY TO ENABLE SMART CONTRACTS BUILT ON BITCOIN SV AND IN DIRECT COMPETITION TO ETHEREUM ERC-20 TOKENS

July 13, 2020

TAAL INCREASES LIQUIDITY TO U.S. INVESTORS WITH UPGRADE TO OTCQX

June 23, 2020

TAAL ONBOARDS NINE CLIENTS TO TRANSACTION PROCESSING BUSINESS, EXECUTING ON STRATEGIC VISION

June 16, 2020

Taal Upgrades Data Size To Support Growing Demand For Processing Larger Transactions.

June 5, 2020

TAAL Enters Definitive Agreements with Codugh in Support of Marketplace that will Accelerate Delivery of 5-Year Strategic Vision.

May 28, 2020

TAAL releases its 5 year strategic vision featuring new innovations for a new economy.

May 1, 2020

TAAL announces conversion of debt and the appointment of Calvin Ayre to advisory board.

April 20, 2020

TAAL securtes critical technology on the back of a $1M Licencing deal with nChain Holdings.

April 2, 2020

TAAL files patent for blockchain computing device.

March 19, 2020

TAAL appoints new CEO and announces changes to Management.

February 17, 2020

TAAL agrees to purchase assets supporting blockchain transaction processing operations.

February 5, 2020

TAAL mines historic block to lock in "Genesis" protocol update of Bitcoin SV network.

January 29, 2020

TAAL using Miner ID protocol on Bitcoin SV (BSV) network to support future of bitcoin mining specialization.

January 7, 2020

TAAL lowers Bitcoin SV transaction fees to support enterprise blockchain applications.

December 11, 2019

Squire Mining Rebrands to TAAL Distributed Information Technologies or 'TAAL'.