Taoping (TAOP) Launches Blockchain Business Division

Taoping Inc. (NASDAQ: TAOP, the “Company”), a provider of internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced the launch of a newly-created Blockchain Business Division and the appointment of Linxi Deng as director of Blockchain Business Division.

Linxi Deng has over five years’ experience in Bitcoin mining operations. Before joining TAOP, she served as chief operating officer at Polar Bear Mining in charge of the construction of a 10MW Bitcoin Mining Unit powered by natural gas in Alberta, Canada. From December 2016 to December 2018, Ms. Deng worked at New Block (Beijing) Technology Co., Ltd., a company involved in Bitcoin mining and blockchain project investment. Before her involvement with blockchain, Ms. Deng had over 10 years’ experience in the Internet industry while working for Sina Corp., MagentJoy (Beijing) Technology Co., Ltd., and informatree LLC in roles of product manager, producer and consultant.

“We are pleased to welcome Ms. Deng into this new role," said Mr. Jianghuai Lin, Chairman and CEO of TAOP. “Ms. Deng’s experience in blockchain and Internet industry combined with her expertise in Bitcoin mining will help drive our growth strategy forward.”

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