Ocean Falls, Gray Wolf Ink LOI to Initiate Early Adopter Program of Anti-Crypto-Fraud Platform

Vancouver, British Columbia--(Newsfile Corp. - March 22, 2022) - Ocean Falls Blockchain Corp. ("OFB" or the "Company") is pleased to announce a Letter of Intent with Gray Wolf AI ("Gray Wolf"), developers of a proprietary crypto-fraud investigation platform. Ocean Falls will be entering an Early Adopter Program as a path to adopting Gray Wolf's solution for the identification and classification of destructive behaviour in the crypto-sphere.

The goal of bringing on Gray Wolf AI's software solution into the fold of Ocean Falls suite of tools is to gain relevant insight on the impact of digital asset scams, fraud, and manipulation.

"Gray Wolf's solution is a future-looking partnership for Ocean Falls," said Oded Orgil, CEO at Ocean Falls Blockchain. "As we continue to engage in new blockchain verticals, risk protection for our users is a critical piece we wish to ensure."

Gray Wolf is a custom solution for fraud and investigation within networks and platforms that support the crypto-economy, such as exchanges, marketplaces, and more.

"The next phase of our company's development roadmap is to launch an early adopter program to gather detailed input from industry partners and we believe Ocean Falls would be an ideal fit and partner to advance our software technology," said Dhirendra Shukla, president and chairperson at Gray Wolf AI.

Gray Wolf's platform provides an intuitive environment in which you can control your data and act quickly against crypto-fraud and scams. One of the key features of Gray Wolf's software technology is its ability to allow swift roll-out of coercive and preventative security measures that help mitigate customer and network fraud risk.

About Gray Wolf AI

Gray Wolf is an intelligence platform for crypto-fraud detection and investigation. Visit graywolfai.com for more information.

About Ocean Falls
Ocean Falls is a Canadian blockchain technology company that operates a 2MW-plus, clean energy-powered cryptocurrency mining farm in historic Ocean Falls, B.C. Ocean Falls is also creating a new sustainable solution for the captive insurance industry. Visit oceanfalls.com for more information.

Media Contact
Oded Orgil, CEO (Ocean Falls Blockchain)
oded@oceanfalls.com

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that such assumptions will prove to be correct. We assume no responsibility to update or revise them to reflect new events or circumstances. Additionally, there are known and unknown risk factors which could cause Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

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