CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Creates New Blockchain-based Business Unit Addressing Growing Market Need
An operator of a payments-as-a-service transactional and value-added services platform for enterprises in emerging markets, Net Element (NASDAQ: NETE), recently saw an increase in shares of over 300 percent on December 19, 2017. The surge followed the company’s announcement of a new blockchain-based business unit. An article discussing this reads: “The blockchain-focused business unit will become a decentralized ecosystem that will establish the framework for the provision of new Net Element value-added services. Blockchain technology will be relied on to establish the direct connection between a buyer and a merchant. Thus, the efficiency and simplicity of transactions in the system…