October 8, 2019 

MOU Will Drive Go-To-Market and Broader Adoption of SocialChainz

THE WOODLANDS, TX: SocialChains, the world’s safest social media, today announced that it has signed a Memorandum of Understanding (MOU) with GITAM University, one of the top-ranked universities in South India and based in Vishakapatnam, Hyderabad, and Bangalore, to develop programs for the adoption of SocialChains’ platform across GITAM’s 3 campuses and 20,000 students and faculty.

The MOU calls for GITAM business school students to develop go-to-market plans across campus and beyond for SocialChains, as well as develop suitable revenue models that do not exploit user data. A key intent of these programs is to make SocialChains the de factor communications platform across the university’s three campuses. In addition, SocialChains and GITAM will explore joint R&D activities involving computer science and engineering (CSE) students and any other activities that may benefit both parties. GITAM’s CSE department has 5,000 students enrolled in its programs.

“Working with GITAM’s students and faculty will give SocialChains an excellent opportunity to create and drive adoption of our platform among youth and universities in India,” says Srini Katta, Founder, Chairman and CEO of SocialChains. “Further, the students will help customize our revenue models for the Indian market, and then assist in their deployment”, he added.

Prof. K. Siva Rama Krishna, Vice-Chancellor of GITAM added, “SocialChains’ safe online environment not only provides significant privacy but also does not share user data with other parties, factors that appealed to our university management. Working with a rapidly growing social media company from its initial stages of growth will give our students excellent hands-on experience.”

 About GITAM: GITAM University, established in 1980, has campuses in Visakhapatnam, Hyderabad and Bangalore, India. The university offers 200+ programs in technology, pharmacy, medicine, nursing, social sciences, science, management, architecture, international business and law. 

About SocialChainz: SocialChainz.io is a full-featured social media platform. It is the world’s safest social media platform where every user is fully verified via email, phone number, and government photo ID. Users are offered the best privacy available online. SocialChainz.io guarantees that it will never read its users’ emails, scan, analyze, sell, or share user information without their permission. Recognizing that users are the backbone of social media, SocialChainz is also willing to share up to 50% of its profits with its users. The platform is currently in beta mode and has tens of thousands of users across more than 30 countries via invitation.

Media Contact:

Hubert Vaz-Nayak
Chief Operating Officer
investor@socialchains.io

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