NewsRoom Articles - Page 161 of 171

WednesdayJan 24, 2018 9:00 am

Blockchain to Streamline Cumbersome International Trade Transactions

CryptoCurrencyWire Editorial Coverage: Within the international trade and finance sector, logistic companies need to better streamline their payments and documentation flow. A methodology to solve this issue in the FINTECH marketplace is blockchain technology applied to Supply Chain Finance. This allows encrypted data on all facets of international transactions, from payments to bills-of-lading to delivery data, and for the accumulating record to be privately shared among banks, shippers and traders. With the formation of its new SecurCapital Corp. subsidiary, Global Payout, Inc. (GOHE) (GOHE Profile) is addressing the supply-chain finance needs of mid-tier logistics companies while joining a growing number…

TuesdayJan 23, 2018 9:00 am

Established Companies Positioning to Invest in Blockchain and Cryptocurrencies

CryptoCurrencyWire Editorial Coverage: Despite the skepticism in the market about the legitimacy and longevity of bitcoin and other cryptocurrencies, the underlying blockchain technology is something that tech firms and the financial sector cannot ignore. While cryptocurrencies’ surging values and wild price fluctuations have made many established organizations reluctant to invest in this market, Bloomberg reports that Goldman Sachs is setting up a trading desk for cryptocurrencies (http://nnw.fm/ayFK8). This positions the company to be the first large Wall Street investment banker to trade in digital currency. Businesses such as ChineseInvestors.com, Inc. (CIIX) (CIIX Profile) are taking advantage of the deeper rooted…

MondayJan 22, 2018 12:34 pm

ChineseInvestors.com, Inc. (CIIX) Sees Bright Future for Cryptocurrencies in China

Warren Wang, CEO of CIIX, says trading is active for cryptocurrencies in China on over-the-counter exchanges CIIX doubles down on its commitment to bitcoin and other cryptocurrencies, spinning off two other corporate divisions to spend more time on building its new cryptocurrency division The company’s goal is to gain revenue, profitability and value for its shareholders ChineseInvestors.com, Inc. (OTCQB: CIIX) sees a bright future for cryptocurrencies in China due to interest among Chinese investors in making cryptocurrencies part of their portfolios of assets (http://nnw.fm/8eAv8). Warren Wang, CEO of CIIX, said in a news release that the emerging middle class in…

MondayJan 22, 2018 12:06 pm

SPYR, Inc. (SPYR) Integrating Blockchain Technology into its Pocket Starships Flagship Game

SPYR eyes greater shareholder value, as the move is expected to increase revenues and profitability through fees charged to players for maintenance and trading of planets they “own” The blockchain technology integration will also allow SPYR to market planets held in the blockchain to others with space-themed games Pocket Starships players will have greater ownership of the planets they buy, and they will be able to execute P2P (player-to-player) transactions with cryptocurrencies, such as bitcoin SPYR, Inc. (OTC: SPYR) has announced that it is executing the integration of blockchain technology into its Pocket Starships flagship game within its wholly-owned subsidiary,…

FridayJan 19, 2018 1:06 pm

AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Evaluates Convergence of AI with Blockchain Tech

Company notes record revenues in latest quarterly report Global big data revenues expected to approach $80 billion within three to five years Blockchain’s security may enhance AI’s data learning to provide greater efficiency options The world marked 2017 as the year blockchain technology and its derivative applications created real revenue-generating excitement for business, even while differing experts debated whether the transaction-securing tech is truly foundational or simply the market darling of the moment. Among the companies evaluating the changing data landscape was AnalytixInsight, Inc. (TSX.V: ALY) (OTCQB: ATIXF), a dealer in the much older and still nascent technology sector of…

ThursdayJan 18, 2018 9:00 am

Expectations for 2018 on Blockchain Applications in the Energy Industry

CryptoCurrencyWire Editorial Coverage: The excitement generated by the potential use of blockchain technology in many industries has been slow to reach the energy sector. However, indications are that 2018 could see several companies in the field adopting the revolutionary technology, which could substantially transform the energy industry’s markets and processes. Several companies in the oil and gas industry are already looking to incorporate blockchain technology in their business processes, including Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) (PQEFF Profile), British Petroleum p.l.c. (NYSE: BP) and Royal Dutch Shell plc (OTC: RYDAF). Information technology companies servicing the energy industry, including IBM…

WednesdayJan 17, 2018 1:17 pm

ChineseInvestors.com, Inc. (CIIX) Boosts Investor Relations Revenue, Eyes Profitability in FY2018

CIIX records sharply higher investor relations revenue in 1Q2018 and FY2017 as it expands program offerings for branding clients In FY2018, company will focus on new cryptocurrency division as it increases commitment to bitcoin education and hosts bitcoin ATM in lobby of its San Gabriel, California, headquarters Warren Wang, CEO of CIIX, sets goal of profitability in FY2018 ChineseInvestors.com, Inc. (OTCQB: CIIX) remains diverse, but it has realigned and set a goal of profitability in FY2018 as it increases its core investor relations revenues and offerings while reaffirming its educational services in its cryptocurrency division and its commitment to bitcoin…

TuesdayJan 16, 2018 9:00 am

Investors Paying Close Attention to ICO Investment Opportunities in 2018

CryptoCurrencyWire Editorial Coverage: Bitcoin was a major topic of conversation among investors in 2017, but it wasn’t the only cryptocurrency related investment that garnered investors’ attention in the blockchain space. In 2017 alone, there were 235 Initial Coin Offerings (ICOs) completed, which raised a total of $3.7 billion dollars, and 2018 is shaping up to be the year of ICOs. ICOs are a way for blockchain start-up companies to gain funding for projects. Instead of offering shares of a company to its investors, they offer a certain amount of cryptocurrency. Some companies that stand to benefit from the influx of…

FridayJan 12, 2018 2:07 pm

SinglePoint, Inc. (SING) Facilitates Cryptocurrency Payment Solutions through SingleSeed Platform

SinglePoint capitalizing on exceptional growth in legal cannabis and cryptocurrency markets via its subsidiary, SingleSeed Bitcoin price has increased from $1,000 to over $15,000 in the last year Legal cannabis market forecast to reach more than $63 billion by 2024 A diversified holding company with operations in multiple industries and verticals, SinglePoint, Inc. (OTC: SING) is focused on providing full-service mobile technology solutions by capitalizing on two high-performing market sectors, legal cannabis and cryptocurrencies. Over the past year, the price of bitcoin has exploded, from just over $1,000 in January 2017 to over $15,000 on January 9, 2018. The legal…

FridayJan 12, 2018 9:00 am

Cryptocurrency Finds Security Amid Underlying Mutual Distrust Common Between Trading Partners

CryptoCurrencyWire Editorial Coverage: In a global marketplace where Internet-based technologies increasingly allow businesses the means and confidence to work with each other beyond political borders and with a minimum of governmental interference, cryptocurrencies have the potential to create a B2B interdependent financing system — perhaps even a single, common digital currency someday — because of the blockchain technology that underpins cryptocurrency trade. With the beginning of market movement for the new year, cryptocurrency started just shy of $613 billion in total capitalization and climbed steadily toward $750 billion on Jan. 4, showing an exponential rise just since April 2017 when…