December 2017 - Page 2 of 2 - CryptoCurrencyWire

MondayDec 18, 2017 9:30 am

AppSwarm, Inc. (SWRM) Carving Niches in Emerging Bitcoin, Cannabis Sectors

Letters of intent herald plans for popular digital currency wallet, marijuana business services Bitcoin enjoying meteoric rise; marijuana legalization continues to advance Large exchanges anticipating bitcoin futures contracts Recent announcements of AppSwarm, Inc.’s (OTC: SWRM) forays into the cannabis and bitcoin industries demonstrate the mobile business incubation company’s focus on emerging revenue streams with anticipated success. AppSwarm’s foundation is in the mobile gaming industry, which has provided it a stable of financial tech resources to leverage in accelerating ventures that don’t otherwise share much in common with game-playing apps. The company’s announcement in November that it had inked a letter…

ThursdayDec 14, 2017 9:00 am

Companies Enabling the Blockchain Revolution Offer Diverse Investment Opportunities

CryptoCurrencyWire Editorial Coverage: The cryptocurrency revolution has redefined the concept of money and facilitated the adoption of the distributed ledger system known as the blockchain that makes digital money feasible. At the same time, it has presented investors in the stocks of companies linked to the blockchain revolution with the opportunity to reap substantial profits. With the market for blockchain technology projected to experience blistering growth, from $210 million in 2016 to as much as $2.3 billion by 2021, investors are identifying tremendous potential for both established and emerging companies like Victory Square Technologies, Inc. (CSE:VST) (OTC:VSQTF) (FWB:6F6) (VSQTF Profile),…

WednesdayDec 13, 2017 9:00 am

Revolutionizing Sports Betting by Harnessing the Power of Blockchain Technology

CryptoCurrencyWire Editorial Coverage: Which sporting industry is enjoying explosive growth, both on and off the field? Would you be willing to place a wager on your guess? If you said, “Yes,” to that proposition, you aren’t alone. According to a market research report from Technavio, the sports betting market occupies the largest share in the overall gambling market, accounting for around 40 percent of gambling revenue generation around the globe (http://nnw.fm/4lcAh). Annual revenues are in the region of $400 billion each year, according to the report, but it is also well-known that some critics are concerned about betting’s purported lack of…

MondayDec 11, 2017 12:38 pm

Petroteq Energy Inc.’s (TSX.V: PQE) (OTCQX: PQEFF) Proposed Blockchain Platform May Reduce the $150B in Disputed Oil & Gas Transactions

Developing blockchain platform for oil & gas industry About 9% of crude oil transactions are disputed Distributed ledger technology may reduce transaction & resolution Costs There are few sectors as large as the oil and gas industry, which by one account reached 48.7 billion barrels of oil equivalent (“BOE”) in 2016 (http://nnw.fm/O3SkO). Despite the depressed prices, revenues climbed to $1,205.6 billion in 2016. West Texas Intermediate (NYMEX WTI) which was trading at over $130 per barrel in 2008 never rose above its current price of $57.75 at any time during 2016. In such a mammoth market, the supply chains crisscrossing…

FridayDec 08, 2017 11:00 am

Bitcoin Services, Inc. (BTSC) Offers Chance to Mine Remaining Four Million Bitcoins

Bitcoin crosses $12,000 ceiling Company offers bitcoin mining Company offers blockchain software development Now that Bitcoin has crossed the $12,000 mark (http://nnw.fm/xHh1a), the demand for Bitcoin mining gear and services is likely to follow the cryptocurrency’s climb to the stratosphere. Despite the caveats, interest in the virtual currency continues to grow. In response, the financial services industry is gearing up to get involved. The Chicago Board Options Exchange (“CBOE”) has promised to start offering Bitcoin futures in December 2017 and the Chicago Mercantile Exchange (“CME”) plans a similar timetable for its Bitcoin futures. Meanwhile in New York, NASDAQ is set…

FridayDec 08, 2017 9:00 am

Blockchain Technology Creates Potential for Energy Industry Optimization

CryptoCurrencyWire Editorial Coverage: The stunning rise of bitcoin’s price from under $1,000 at the start of the year to above $11,000 at the start of December has generated an intense scramble by investors to identify opportunities that relate to the cryptocurrency and the blockchain — the distributed ledger that underlies bitcoin. One industry that may be particularly well suited to benefit from blockchain technology is the petroleum fuel market for oil and gas. Petroteq (TSX.V: PQE) (OTCQX: PQEFF) (PQEFF profile) is one energy industry participant that believes in the potential of the blockchain, recently announcing a partnership that positions it…

FridayDec 01, 2017 2:28 pm

Moxian, Inc. (NASDAQ: MOXC) Key to Success: Reading Chinese Consumer Buying Habits, Then Marketing Analytics to Business Clients

Study: Chinese consumers want to achieve greater social status through established brands, foreign goods and luxury merchandise MOXC sells sophisticated data to clients on what and why Chinese consumers are buying, helping translate information into efficient and effective marketing campaigns. The company is perfectly positioned between buyers and sellers Research finds that, in fashion, Chinese consumers want green and face-saving products Moxian, Inc.’s (NASDAQ: MOXC) ability to attract, read, and develop real time analytics on the shopping habits of Chinese consumers in the online-to-offline (O2O) market, then selling that research to its business clients, is a vital part of its…