Promethieus Launch is Tied to Shd Smart Home’S Use of Blockchain Security FOR Internet of Things Products
#439-7184 120th Street, Surrey, B.C. V3W 0M6
January 19, 2018
PROMETHIEUS LAUNCH IS TIED TO SHD SMART HOME’S USE OF BLOCKCHAIN SECURITY FOR
INTERNET OF THINGS PRODUCTS
(Vancouver, B.C.) Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) Lomiko
Metals Inc. announces details of the strategy for 25% owned Pro methieus Cryptocurrency Mining
Corporation (“Promethieus” or “the Company”) www.promethieus.com, a cutting-edge cryptocurrency
mining company and 25% owned subsid iary SHD Smart Home Devices Corporation (“SHD Devices”)
www.shddevices.com, an Internet of Things (“IoT”) Company. Promethieus has posted a downloadable
PowerPoint that describes key aspects of the company under Quicklinks.
“Increased trading volumes and price volatility are expected for this new market”, stated A. Paul Gill, CEO.
“Our approach is to focus on creating efficient, cost effective and the long-lasting mining rig units so we are
price-agnostic. If the price goe s up, we get paid more, if the price goes down, we mine more. A
cryptocurrency miner’s approach to the current situation is: “Don’t worry, be happy.””
In a December 13, 2017 article on Yahoo Finance, Royal Bank of Canada (RBC) Capital Markets analysts
Mitch Steves and Amit Daryanani. Estimated the total valuation of cryptocurrencies could reach $10 trillion
from its current levels around half a trillion. However, there was no timeline for this ultimate valuation. The
market for cryptocurrency has experienced exponential speculative growth that could only be compared to
the tulip bulb craze in the Netherlands in the 17th century.
Despite the volatility, there is a silver lining in the application of Blockchain in various industries. Lomiko’s
investment in SHD Devices, an Internet of Things (“IoT”) company, has been a partner in the development
of Promethieus and will be using Blockchain for security protocols.
Blockchain or Distributed Ledger Technology may have a similar impact upon homes and offices as the
internet. Blockchain's big advantage is that it's public and secure. Everyone participating can see the blocks
and the transactions stored in t hem but the content is protecte d by a private key. A Blockchain is
decentralized, so no single autho rity can approve transactions or set specific rules to have transactions
accepted. All the participants in the network must reach a consensus to accept transactions.
The possibility of interaction between blockchain and IoT would increase the security of remote access
provided by IoT applications alone. The convergence of blockcha in and IoT is on the agenda for many
companies and there are existing implementations, solutions and initiatives in several areas, outside of IoT
and financial services. As IoT adds more and more devices to th e digital fold every day, organizations of
all sizes are recognizing IoT's potential to improve business processes and, ultimately, accelerate growth.
Meanwhile, the number and variety of IoT solutions has expanded exponentially, creating real security
challenges. Primarily, there is a need for secure common tasks such as sensing, processing, storing
information, and communicating.
For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-
729-5312 or email: [email protected].
On Behalf of the Board
“A. Paul Gill”
Chief Executive Officer
We seek safe harbor.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.