360 Blockchain Inc. Prospect Arcology Appoints Senior Engineering Team, Begins Production

Vancouver, British Columbia (FSCwire) - 360 Blockchain Inc. ("360" or the "Company") (CSE: CODE – FWB: C5B – OTC: BKLLF) announces that Arcology (http://arcology.network) has hired Dr. Dave Xiang, Mr. Cody Yang and Mr. Grant Zhang as Senior Developers. This engineering team was drawn from top talent pools in the fields of artificial intelligence, machine learning and biologically inspired adaptive network design. They will report to Laurent Zhang, Arcology’s founder and lead scientist.

“To fulfill Arcology’s promise of building a radically new blockchain architecture that solves the current problems facing the industry, our founding engineering team must come with multi-disciplinary talents,” said Mr. Zhang. “That’s precisely who we’ve found, and we expect to release initial performance tests and ship our first code in the coming weeks.”

Dr. Dave Xiang is a world-class algorithm scientist who has developed AI-based data abnormality detection software that’s used by Apple, IBM and Intel and other Fortune 500 companies. Prior to joining Arcology, Dr. Xiang worked as the lead algorithm scientist at Rudolph Technologies (NYSE: RTEC), Meridian Global Services and China Telecom Global. He received his PhD in Pattern Recognition and Intelligent System from Northeastern University (CN).

Cody Yang is a talented engineer and technical leader known for designing large-scale, adaptive networks. As a systems architect and R&D manager at Fairlink Century, Yang led the team that built the world’s first experimental blockchain-based inter-aircraft communication system.

Grant Zhang is an accomplished software engineer specializing in cross-platform system analysis, design and development. He will spearhead development of the high-performance network modules that are critical to Arcology’s SaaS business model.

“Laurent has hired world-class engineers who are also visionaries in their fields,” said Jeff Koyen, 360’s Strategic Advisor. “Dr. Xiang, for example, is also a fintech veteran who’s developed AI-based quantitative trading systems. This experience will be invaluable as we build Arcology’s commercial applications.”

Arcology is a self-organizing, self-correcting hierarchical blockchain that uses machine learning and artificial intelligence to eliminate inefficiencies that impede current platforms. By eliminating inefficiencies across its network, Arcology should outperform current market leaders, such as Ethereum, on key variables including speed, scale and price.

Though Arcology is building new blockchain technology, revenue could potentially come from a number of traditional sources, including subscriptions, licensing and consulting fees. 360 will also hold a portion of the platform’s planned transactional currency in reserve.

“With this team in place, I’m confident that Arcology’s rapid development will continue to be on-schedule and on-budget,” said George Tsafalas, 360’s CEO. “We’re proud to lead the investment in Laurent’s exciting new enterprise.”

About 360 Blockchain Inc.

Our Mission: To empower blockchain technologies with capital and experience to create exponential value.

Company Description: 360 Blockchain Inc. has an all-round view to accelerate the development and application of revolutionary blockchain technologies by investing capital and expertise. We are founded on the belief that blockchain technology, essentially a distributed ledger which is transparent and incorruptible, has the potential to transform the way business is conducted, delivering security, cost savings and efficiency gains not seen before in our internet connected world. 360 Blockchain will be focused upon identifying and empowering blockchain technologies applying to cryptocurrencies, smart contracts, eSports, data management, the internet of things, equity trading, privacy applications and beyond.

For further information, please contact:

Anil Mall

Investor Relations

Telephone: 1 (778) 806-5150

E-mail: IR@360blockchaininc.com

Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved.  A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.

Neither the Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

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