Wellfield Systems Announces Appointment of Globally Regarded Computer Science Skilled Amir Shpilka as Member of Advisory Board

• Amir Shpilka is a globally acknowledged professor and researcher in the industry of theoretical laptop or computer science. His key study concentrate is on computational complexity theory, algebraic complexity, and coding principle.

• At this time, Prof. Shpilka is a faculty member at the Blavatnik Faculty of Computer Science, at Tel Aviv University, the place he previously served as the head of the Computer system Science Section.

• Professor Shpilka has been a sizeable contributor to Wellfield’s blockchain know-how, pretty much because inception, and he now joins the Advisory Board as the Corporation commences to commercialize its IP.

VANCOUVER, BC, Dec. 29, 2021 /CNW/ – Wellfield Technologies Inc. (TSXV: WFLD) (the “Corporation” or “Wellfield“), is pleased to announce that it has named Amir Shpilka, a globally acknowledged professor and researcher, as the third member of the Firm’s advisory board. This follows the appointments of World Payments and Fintech Chief William Keliehor and International Fiscal Chief, Professor Tamir Agmon.

Management Commentary

Levy Cohen, CEO of Wellfield commented, “Our achievements in acquiring novel and substantial value blockchain technologies is mostly because of to the Company’s access to a breadth and depth of educational knowledge that handful of Fintech organizations are capable to access. Since 2018, Amir has played an energetic job in the organizing and architecture of all our solutions, together with the cross blockchain buying and selling protocol, our item intended to make Bitcoin appropriate with DeFi, as nicely as other function-created IPs. We are honored to have Amir sign up for the Firm’s advisory board, look forward to continuing to leverage his skills and respect his ongoing contributions to our investigation initiatives.”

Prof. Amir Shpilka

Prof. Shpilka graduated with a Ph.D. in Laptop Science and Mathematics from the Hebrew University in Jerusalem in 2001 less than the supervision of Prof. Avi Wigderson. Prior to relocating to Tel Aviv College, he was a professor of laptop science at the Technion–Israel Institute of Know-how. He supervised learners that are now professors at top institutions this kind of as Princeton University, College of Illinois at Urbana Champagne and the Technion–Israel Institute of Know-how.

Tale proceeds

Most not too long ago, Prof. Shpilka has been researching queries lying at the intersection of algebraic geometry and algebraic complexity and thoughts concerning codes for storage. He publishes regularly at the leading venues in theoretical computer system science and coding concept. His publications can be discovered at https://www.cs.tau.ac.il/~shpilka/publications/. Prof. Shpilka has been associated in Seamless Logic Computer software, a wholly owned subsidiary of Wellfield, just about due to the fact its inception.

About Wellfield Systems

Wellfield is concentrated on unlocking the ability of decentralized finance (DeFi) by making open up and available decentralized protocols and also blockchain centered buyer items. Seamless – the Firm’s protocol layer manufacturer – focuses on methods that greatly enhance and enhance liquidity in the Ethereum ecosystem, make Bitcoin appropriate with DeFi, and help decentralized cross blockchain trade. MoneyClip – Wellfield’s application layer brand – is driven by DeFi to greatly enhance day-to-day money products and make dollars work for the way folks are living.

Cautionary Notice

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This news release does not constitute an give to promote, or a solicitation of an present to invest in, any securities in the United States. Wellfield’s securities have not been and will not be registered less than the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any condition securities rules and may not be supplied or marketed within the United States or to U.S. People unless of course registered underneath the U.S. Securities Act and relevant condition securities legislation or an exemption from this sort of registration is readily available.

Cautionary Discover on Forward-Looking Statements

This push launch consists of statements that represent “forward-looking information” (“forward-hunting information and facts”) in just the that means of the applicable Canadian securities laws. All statements, other than statements of historic reality, are ahead-searching information and facts and are based on expectations, estimates and projections as at the day of this news launch. Any statement that discusses predictions, anticipations, beliefs, ideas, projections, aims, assumptions, long run situations or efficiency (often but not often utilizing phrases these as “expects”, or “does not assume”, “is envisioned”, “anticipates” or “does not foresee”, “strategies”, “spending plan”, “scheduled”, “forecasts”, “estimates”, “thinks” or “intends” or variants of these types of words and phrases and phrases or stating that particular actions, events or results “may perhaps” or “could”, “would”, “could possibly” or “will” be taken to occur or be realized) are not statements of historic reality and might be forward-searching facts. Forward-hunting statements in this information release contain statements about the Firm’s achievements in launching the protocols and other systems and utilities reviewed herein. In disclosing the ahead-hunting facts contained in this push launch, the Firm has made particular assumptions. Whilst the Organization believes that the expectations mirrored in this kind of ahead-searching facts are sensible, it can give no assurance that the expectations of any ahead-wanting information will verify to be suitable. Identified and unfamiliar challenges, uncertainties, and other components which may well cause the real benefits and long run gatherings to differ materially from all those expressed or implied by this kind of ahead-hunting facts. These variables incorporate, but are not restricted to: compliance with considerable federal government polices domestic and overseas guidelines and laws adversely impacting the Firm’s small business and outcomes of functions the impact of COVID-19 the decentralized finance marketplace usually, in Canada and abroad and normal organization, economic, competitive, political and social uncertainties. Audience are cautioned that the foregoing list is not exhaustive and viewers are inspired to overview the Listing Software available on the Company’s SEDAR profile at www.sedar.com. Readers are additional cautioned not to area undue reliance on forward-seeking statements as there can be no assurance that the strategies, intentions or anticipations on which they are put will occur. These kinds of details, even though considered acceptable by administration at the time of preparing, may well prove to be incorrect and actual effects might vary materially from people anticipated. Besides as expected by law, the Business disclaims any intention and assumes no obligation to update or revise any forward-wanting facts to replicate genuine success, no matter if as a outcome of new data, potential situations, modifications in assumptions, alterations in variables impacting these types of ahead-looking data or if not.

Source Wellfield Technologies

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