NewsRoom Articles - Page 183 of 194

ThursdayJan 25, 2018 1:09 pm

IEG Holdings Corp. (IEGH) Exploring Creation of Gold Metal-backed Cryptocurrency

Negotiations underway to purchase a verified gold project with prospecting licenses IEGH’s cryptocurrency to be backed by gold metal, registered with SEC as a security Volatility of cryptocurrency could potentially be stabilized with precious metal backing Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC. (“Crypto”), recently announced its intention to create its own gold metal-backed cryptocurrency that could potentially be utilized when offering loans and accepting loan repayments. While Crypto is in the development planning stages and exploring the opportunities presented by crypto/blockchain technologies, the company is already negotiating to purchase a…

ThursdayJan 25, 2018 9:00 am

Blockchain Yields Strong Potential in Global Supply Chain Management

CryptoCurrencyWire Editorial Coverage: Investors looking to diversify their portfolios and gain access to the multi-billion-dollar global blockchain industry should have some exciting options as 2018 progresses, particularly when it comes to the $13 billion global supply chain management (SCM) market (http://nnw.fm/5T3Ps). The immutable, distributed ledger technology known as blockchain can deliver numerous SCM efficiencies that could revolutionize logistics for a variety of sectors, including oil and gas (http://nnw.fm/O7zPi). Petroteq Energy, Inc. (TSX.V: PQE) (OTCQX: PQEFF) (PQEFF Profile) has already envisioned this future of networked intelligent devices, and has initiated the development of the oil and gas industry’s first dedicated blockchain-based…

ThursdayJan 25, 2018 9:00 am

The Underlying Value of Cryptocurrencies

CryptoCurrencyWire Editorial Coverage: The parabolic rise in bitcoin and other cryptocurrencies has spawned a frenetic mania seldom seen in the markets. While debate of bitcoin’s legitimacy as a long-standing form of currency continues, general consensus asserts that the underlying blockchain technology has applications that extend far beyond its connections to cryptocurrency. As such, innovative companies around the globe are beginning to employ blockchain technology to streamline business and secure transactions. Telemedicine pioneer Medical Innovation Holdings, Inc. (MIHI) (MIHI Profile) is establishing a new paradigm in secure and efficient handling of patient medical and financial data. The company’s new MIHI Blockchain…

WednesdayJan 24, 2018 3:07 pm

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Looks to Set Another Industry Milestone

Petroteq was a pioneer in the environmentally safe extraction of heavy oils with patented technologies Company’s blockchain initiative, PetroBLOQ, will be first blockchain platform developed exclusively for the supply chain needs of the oil and gas sector Examining company history of value creation, PetroBLOQ may be largest value driver yet Cryptocurrencies have garnered enormous market attention lately. Some say cryptocurrencies are worthless, others say they’re the new global fiat medium of exchange. Time will tell. However, there is consensus that the underlying blockchain technology has applications that extend far beyond its connections to cryptocurrency. Companies around the globe are beginning…

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…