NewsRoom Articles - Page 161 of 168

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…

MondayNov 27, 2017 12:19 pm

Medical Cannabis Payment Solutions (REFG) Integrates Cryptocurrency Payment Options

The rapid growth of the legal cannabis industry has increased the need for tailored and comprehensive payment solutions for dispensaries and other retailers in the field. Medical Cannabis Payment Solutions partnered up with First Bitcoin Capital Corporation to enable cryptocurrency payments. The company has also launched its specialized digital payment platform for dispensaries that ensures full compliance and delivers full-spectrum merchant processing services. Medical Cannabis Payment Solutions (OTC: REFG) announced that it will integrate First Bitcoin cryptocurrency ("$Weed") with its StateSourced medical cannabis payment gateway service. The announcement came in November, following a partnership agreement between Medical Cannabis Payment Solutions…

WednesdayNov 22, 2017 12:26 pm

LottoGopher Holdings Inc. (OTCQB: LTTGF) (CSE: LOTO) (FRA: 2LG) Eyes Faster Growth with Blockchain Strategy

LTTGF sets sights on $80 billion U.S. lottery market Cryptocurrencies and online lottery disruption targeted by LTTGF’s blockchain plans Federal Reserve study: non-cash payments hit $178 trillion, led by quick growth of debit cards LottoGopher Holdings Inc. (OTCQB: LTTGF) (CSE: LOTO) (FSE: 2LG) is positioning itself to excel in a cryptocurrency world as the U.S. and other countries increasingly become cashless. The Los Angeles-based company is making online lotto gaming with cryptocurrencies attractive to consumers who increasingly make purchases with non-cash methods. LTTGF’s blockchain creation strategy could generate even more growth in this environment by adding a security to transactions…

MondayNov 20, 2017 8:30 am

Moxian, Inc.’s (NASDAQ: MOXC) Three-Way Strategy for Growing in China’s $5 Trillion Mobile Pay Market

Moxian’s integrated platforms offer merchant clients recognized methods of mobile payment processing in AliPay and WeChat Pay, as well as UnionPay for ATMs and bank card services AliPay and WeChat Pay have a combined 94% of the mobile pay market in China, according to Forbes The mobile app market in China has surpassed $5 trillion annually, per industry data Moxian, Inc. (NASDAQ: MOXC) has integrated its new paid platforms, Moxian+ Business and Moxian+ User, with China’s Union Pay, Alipay and WeChat Pay. The move sets the stage for new revenue growth as Moxian’s digital platforms are customized for monetization of…

ThursdayNov 16, 2017 9:00 am

Can Blockchain Technology Revolutionize the Global Oil & Gas Industry Supply Chain?

CryptoCurrencyWire Editorial Coverage: In some of the world’s more dynamic industries, like the oil and gas sector, companies face huge challenges on a minute-to-minute basis. Intraday fluctuations in supply and demand, paired with geopolitical changes accompanied by regulatory complexities, and the overriding need for a management system that tracks purchases and services in a volatile market, are industry-wide issues facing oil and gas producers. Just a few percentage points in one direction or the other can significantly move the needle on a company’s bottom line (http://nnw.fm/R2pvg). Companies determined to make a difference in their own earnings through the use of…

WednesdayNov 15, 2017 2:32 pm

Global Payout, Inc. (GOHE) Well Positioned in Smart Money Sector

Smart money invested over $17 billion in FinTech last year alone GOHE at vanguard of explosive industry growth Company’s Global Reserve Platform and MoneyTrac subsidiaries open vast new business opportunities The days of barter and bank drafts have long passed. Technology is in the midst of disrupting the entire financial services sector by swiftly and securely optimizing global financial transactions. Moribund financial services companies are rapidly losing market share to upstarts due to technological innovations and advancements. FinTech (financial technology) is dramatically altering traditional financial markets by delivering safer, more transparent, efficient and responsive banking services to retail consumers, businesses…

WednesdayNov 15, 2017 9:00 am

Blockchain to Enable Frictionless Transactions, Transparency to Ease Complexities of Global Oil & Gas Industry

CryptoCurrencyWire Editorial Coverage: The oil and gas industry has always been a breeding ground for innovation and the adoption of new technologies, like 3-D seismic mapping and hydraulic fracturing. While a majority of such bleeding-edge tech has been implemented in field operations, back-office procedures such as supply chain management have lagged behind. Digital technologies are increasingly being used to increase profit margins via back-office enhancement, providing disruptive advantages to operators at every scale. From augmented reality and predictive financial systems to distributed open-ledgering blockchain technology, the oil and gas industry is evolving to create a major opportunity for aggressive participants…

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