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FIRST BITCOIN CAPITAL CORP Receives First Payment Under Blockchain-Based Supply Chain Management Application Development Contract

TEL AVIV, ISRAEL / ACCESSWIRE / January 11, 2018 / First Bitcoin Capital Corp. (OTC PINK:BITCF) (COIN:BITCF), a global developer of blockchain-based applications (the "Company") announced today that it has received the first $100,000 payment from Petroteq Energy Inc. (TSX-V:PQE) (OTCQX:PQEFF) (FRA: MW4A) under the terms of distributed ledger technology services agreement signed with Petroteq in November 2017. Under this agreement, the Company will receive a series of cash payments totaling $500,000 in return for its services in designing and developing a BlockChain-powered supply chain management platform for Petroteq that will be made available to the oil and gas industry. The platform will be designed as a "one-stop shop" that will provide both small and large oil and gas producers and operators with the ability to customize their own distributed ledger modules that will permit each company, in a secure "closed" environment, to document, track, and account for the supply of equipment, materials and services in project, field, and lease development.

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