Bonanza Goldfields Corp. and Smart Citi Teknologi have signed a Memorandum of Understanding (MOU) effective as of March 31, 2023, to enter into a mutually beneficial partnership for the purpose of rolling out Smart Cities Solutions with membership digital ownership tokens. According to the terms in the MOU, Bonanza Goldfields Corp.

will be engaged in providing services related to Membership Digital Ownership Tokens ("Membership DOTs") to Smart Citieknologi, a Philippines-based tech company specialized in the development and integration of technologies into Smart Cities Solutions. Smart Citi Teknologa is a visionary company which aims to create sustainable and liveable cities through the use of cutting-edge technology. Membership DOTs are a type of digital asset that represents ownership or membership rights in a particular organization or group.

These tokens are typically stored and traded on blockchain networks, allowing for secure and transparent ownership and transfer of membership rights. By owning a Membership DOT, individuals can enjoy the benefits and privileges associated with their membership.