CryptoNewsBreaks

WednesdayOct 24, 2018 2:39 pm

CryptoNewsBreaks – Pacific Software, Inc. (PFSF) Refining Transparency, Manageability of Complex Supply Chains

Pacific Software (OTC: PFSF) is an emergent development technology business and master licensor of Hyperledger blockchain-based systems that make intricate supply chains safer and more manageable. An article further discussing the company reads, “Pacific Software’s Agri-blockchain platform will improve transparency and trust in the origin and quality of food products by employing blockchain’s transformative ability to track products from origin to final destination. Any contamination source can speedily be identified, which can accelerate removal of the tainted item from agricultural channels, Pacific Software President Peter Pizzino said during an interview with New Economies (http://ccw.fm/k52SR). Using IBM’s Hyperledger Blockchain “Backend as a…

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TuesdayOct 23, 2018 3:24 pm

CryptoNewsBreaks – MarketWatch Recaps Sluggish Week for Cryptocurrencies

A few slow days for Cryptocurrency was highlighted in a recent MarketWatch article titled, “Bitcoin in the doldrums, can’t shake $6,500 range,” reported by Aaron Hankin. Per the article, the largest digital currency in the world, Bitcoin, increased by more than 10% early last week, but that was quickly followed by a fluctuation of between only $6,300 - $6,500. Smaller coins alternative to bitcoin, also known as Altcoins, were trading slightly higher Friday, squeaking out gains. Ether was up 0.9% at $200.50, Bitcoin Cash was up 2.2% at $437.60, Litecoin was up 2.6% at $52.82 and XRP had gained 0.5%…

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TuesdayOct 23, 2018 10:20 am

CryptoNewsBreaks – The Open Bank Project Enters Agreement to Support 86 400 Ahead of Upcoming Launch

Open Bank Project, the leading open source application programming interface (“API”) solution for banks, recently entered an agreement with soon-to-be-launched 86 400. Fully funded and backed by Cuscal, Australia’s largest independent provider of end-to-end payments solutions, 86 400 is launching an alternative to the big 4 banks in Australia. 86 400 will use Open Bank Project API definitions to standardize and harmonize its API design, enabling access to a worldwide network of over 10,000 fintech developers. “We are thrilled that 86 400 shares our vision of an Open Banking future. APIs and fintech ecosystems are a tremendous accelerator for product…

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MondayOct 22, 2018 1:40 pm

CryptoNewsBreaks – The Open Bank Project Announces Collaboration with Red Hat Related to New Banking API

The Open Bank Project, the leading open source API solution for banks, in collaboration with Red Hat, the world's leading provider of open source solutions, yesterday announced a new API dedicated to the banking and financial services sector. “We are delighted to work with Red Hat to help banks accelerate their Open Banking journey,” Simon Redfern, CEO and founder of the Open Bank Project, stated in the news release. “Red Hat and TESOBE share a strong commitment to open source and I’m excited to see these technologies working together. The collaboration we have today can offer a valuable opportunity for…

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FridayOct 19, 2018 10:46 am

CryptoNewsBreaks – GreenBox POS, LLC (GRBX) Deploys Newest TrustGateway Blockchain-Based Hardware

Next-gen technology company GreenBox POS, LLC (OTC: GRBX) this morning announced deployment of its newest TrustGateway blockchain-based hardware. TrustGateway contains pre-installed GRBX software and is drop-shipped directly to client locations. The hardware demonstrates great economic upside, with each deployment nearing $10,000 in daily processing and averaging $250,000-$300,000 per month. The company projects that it will generate the transactional volume necessary to achieve monthly net income of over $750,000 by year-end and meet and exceed its goal of onboarding over $1 billion in annual transactional volume in 2019. "We continue to work on increasing bandwidth and speed of transactional volumes," Executive…

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FridayOct 19, 2018 9:49 am

CryptoNewsBreaks – Pacific Software, Inc.’s (PFSF) Proprietary Trade Platform to Create Transparency and Efficiencies from Farm to Fare

Emerging technology development corporation Pacific Software’s (OTC: PFSF) proprietary e-commerce trade platform, set to launch in November, will facilitate efficient trading, initially focusing on the agricultural supply chain between China and Brazil. An article discussing this reads, “By integrating the company’s Agri-Blockchain technology, the platform will offer increased transparency and trust regarding origin, quality and safety of products in the supply chain. This will also help speed up removal of contaminated food, making it easier to trace the source of contamination, thus reducing costs exponentially. Using IBM’s Hyperledger Blockchain ‘Backend as a Service’ infrastructure, Pacific Software’s platform will be able…

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TuesdayOct 16, 2018 3:37 pm

CryptoNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Stands to Benefit in Booming Russian E-Commerce as Consumers go Cashless

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) stands to benefit in the Russian e-commerce market as consumers change their purchasing habits to go cashless. An article that discusses the company’s opportunity in the market, expected to more than double this year, reads, “Net Element is on it. In 2017, the company’s PayOnline subsidiary launched Apple Pay support in Russia (http://ccw.fm/3nLIU). The global number of Apple Pay users is growing at a rate of over one million per week, while transaction volumes are up 500 percent over the last year. Since launching in Russia on October 4, 2016,…

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MondayOct 15, 2018 1:25 pm

CryptoNewsBreaks – Exciting Potential of Blockchain Technology on Display throughout Inaugural Blockchain Shift Event

CryptoCurrencyWire, a premier financial news and content distribution company, this morning issued a recap of its attendance at the recently-concluded Blockchain Shift conference in Miami, Florida. The news release noted that the inaugural event “lived up to its hype as a one-of-a-kind experience targeting the burgeoning world of blockchain and crypto technologies.” “This was a very well-produced event and we’re pleased to have served as its official newswire and a gold sponsor. We enjoyed a high level of engagement from attendees and fellow exhibitors. Blockchain Shift’s organizers have done a magnificent job and we are looking forward to advancing the…

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MondayOct 15, 2018 9:28 am

CryptoNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Investment Group Secures $85M Construction Loan Commitment for NYC Hotel

DPW Holdings, Inc. (NYSE American: DPW), a diversified holding company, this morning announced that an investment group that includes DPW as an investor has secured an $85 million construction loan commitment from a New York City-based multinational investment bank for the construction of a five-star ultra-luxury hotel in Tribeca. Per the update, the project is expected to be led by two New York real estate development companies – Mactaggart Family & Partners LP and Caspi Development – as detailed in a May 25, 2018, news release highlighting DPW’s investment in the group. “With strong luxury hospitality fundamentals and specific location advantages the…

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FridayOct 12, 2018 12:56 pm

CryptoNewsBreaks – GreenBox POS, LLC’s (GRBX) Unparalleled Infrastructure Brings Great Potential for Plethora of Technology Solutions

Next-gen technology company GreenBox POS, LLC’s (OTC: GRBX) existing infrastructure combined with its recent acquisition of Sky MIDS Technologies brings great potential for continued expansion. Executive Vice President Ben Errez addressed this in a recent article, stating, “We have been working with Sky for a while now and are thoroughly impressed with their technology and capabilities. Their engineers are top notch and I am confident the synergy will continue to add to the plethora of new technologies we have brought, and will continue to bring, to market. GreenBox’s unparalleled infrastructure sets new and much higher expectations by both businesses and…

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