TAMPA, Fla., March 15, 2018 (GLOBE NEWSWIRE) -- United Consortium Ltd. (OTC PINK:UCSO), an acquisition and development Company focused on creating shareholder value by identifying and monetizing opportunities in Blockchain, Digital Media and the Emerging Cannabis Space, today announced that its wholly owned subsidiary Block Chain, Inc. has launched the beta version of its new PHR Blockchain project.

UCL Chairman and Chief Executive Officer Scott Gallagher stated, “Today marks an important step forward in our journey to turn our blockchain based idea, into a viable business opportunity with the potential to disrupt how we access and utilize our health records.” Gallagher continued, “We expect the beta period to last several months as we test our methods, collect data and tackle some of the hurdles we’ve identified. Our plan is to have the public version 1.0 set for release this summer. Version 1.0 will have a valuable set of user tools that will transfer complete ownership of personal health records back where it belongs, to the patient.”

About United Consortium Ltd. (UCL)

UCL is an acquisition and development Company focused on creating shareholder value by identifying and monetizing opportunities in Blockchain, Digital Media and the Emerging Cannabis Space. The Company is headquartered in Tampa, Florida. UCL is a current pink sheet Company. The most current information about the Company can be found on OTCMarkets.com or by visiting the Company's website at www.UCLVentures.com.