A California-based micro cap just announced that its subsidiary Prakat Solutions, Inc. and Dragon Chain Inc. have partnered to increase business workflow efficiencies. Dragonchain’s patented, quantum-resistant, multi-currency blockchain technology provides the secure platform for Prakat to design a simplified workflow for today’s demanding business environments. Shares of parent company Dalrada Financial Corp (OTCQB:DFCO) rallied on the news.
Dalrada is a United States-based company engaged in providing financial, insurance, benefit, and business process outsourcing products and services to companies. Its products include tax strategy solutions, a health plan, payroll advance, and debit card.
Traders were optimistic on the news as shares popped to $0.498/share (+8.28%). This move is a strong continuation of the success that this stock had over the course of the last year, coming from a 52-week low of $0.06/share.
