NewsRoom Articles - Page 161 of 171

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…

ThursdayJan 11, 2018 9:00 am

Science-driven Blockchain Technology Set to Disrupt the Future

CryptoCurrencyWire Editorial Coverage: The global blockchain technology market is expected to surge to $20 billion by the end of 2024 (http://nnw.fm/L0fW9), according to Transparency Market Research. The overall market is expected to exhibit a compound annual growth rate of 58.7 percent between 2016 and 2024, with the Asia Pacific region showing the most robust growth rate at 61.3 percent CAGR during the same time period. Momentum continues to build as blockchain technology becomes more well-known and proves its worth in both financial and non-financial sectors. Forward-thinking companies like Victory Square Technologies, Inc. (CSE: VST) (OTC: VSQTF) (FWB:6F6) (VSQTF Profile), Hive…

WednesdayJan 10, 2018 9:00 am

Application of Blockchain Technology Continues to Rage for Future Transaction Management

CryptoCurrencyWire Editorial Coverage: Blockchain technology has the potential to disrupt many industries in the future by changing the way companies process business transactions. Originally developed to facilitate the exchange of cryptocurrencies like bitcoin, blockchain will provide access to financial services for people all over the globe, especially those who don’t have access to traditional banking. Future Thinkers outlines several industries that are likely to benefit from blockchain technology for their business transactions (http://nnw.fm/MjaO8), including supply chain management, forecasting, the Internet of Things (IoT), insurance, ride sharing, cloud storage, voting, government services, energy management, online retail, real estate and healthcare. Businesses…

TuesdayJan 09, 2018 2:51 pm

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Readying Blockchain Platform for Use in Oil and Gas Industry

Blockchain technology has the potential to transform supply chain management Complex commodity exchanges are traditionally fraught with disputes, driving up costs Exclusive blockchain platform for oil and gas industry under development Adoption of technology seen as necessary by majority of oil and gas executives Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is a Canadian-registered, publicly traded company engaged in the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. The company’s proprietary process produces zero greenhouse gas, zero waste and requires no high temperatures. As…

TuesdayJan 09, 2018 9:00 am

Bitcoin’s Rise Speeds the Adoption of Cryptocurrency-Based Payment Solutions

CryptoCurrencyWire Editorial Coverage: The meteoric rise in the price of bitcoin in 2017, from just under $1,000 to above $15,000 at year-end, has attracted the attention of investors around the world. Powered by the blockchain, the distributed ledger technology which verifies transactions without the need for third-party validation, the cryptocurrency made great strides during the past year in achieving acceptance by businesses willing to accept it as a means of payment. Investors looking beyond bitcoin itself to find companies that stand to benefit from the growing usage of bitcoin for commercial transactions have a number of options to choose from,…

TuesdayJan 09, 2018 9:00 am

Blockchain Emerging as a New Frontier for the Gaming Industry

CryptoCurrencyWire Editorial Coverage: The overall value of the global cryptocurrency market reached an all-time high of more than $700 billion on January 3, 2018 (http://nnw.fm/0rxFZ), a clear indicator of the increased interest in the adoption of digital currencies and their underlying blockchain technology. Blockchain is already being successfully implemented across various market sectors and is expected to revolutionize a significant number of industries over the next decade, including the financial, healthcare, real estate, legal and gaming industries. Mobile gaming in particular is a promising segment for blockchain adoption, with the fastest growing rate in the whole gaming industry and over…