NewsRoom Articles - Page 47 of 55

ThursdayDec 21, 2017 2:44 pm

Petroteq Energy Inc.’s (TSX.V: PQE) (OTCQX: PQEFF) Blockchain Logistics Platform to Reduce Operating Costs in Oil and Gas

Developing blockchain platform for oil and gas industry Distributed ledger technology to reduce transaction costs Now a member of Enterprise Ethereum Alliance Blockchain deployment is still new, with a world of opportunities for application. Cloud providers are already moving to offer it as an enterprise service (http://nnw.fm/TJu1f). Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is out to disrupt the oil and gas industry with its new blockchain platform for supply chain management. The platform, to be developed in conjunction with First Bitcoin Capital Corp. (OTC: BITCF), holds the promise of drastically reducing operating costs for the industry. At present, oil…

ThursdayDec 21, 2017 12:44 pm

AppSwarm, Inc. (SWRM) Innovating both Gaming and Blockchain Technologies

Role playing games (RPG) in casino- and movie-themed applications are one of four revenue streams for diverse SWRM, which leverages its large studio relationships Management of SWRM hopes to achieve revenues of roughly $7 million by FY2018; company recently entered cannabis mobile app market in joint venture focused on blockchain technology and bitcoin payment options Market for virtual reality games is projected to grow to $40 billion by 2020, reflecting a compound annual growth rate (CAGR) of 61.3 percent over five years AppSwarm, Inc. (OTC: SWRM) markets unique and niche offerings in the role playing games (RPG) market, giving players…

ThursdayDec 21, 2017 10:57 am

Net Element, Inc. (NASDAQ: NETE) Shares Surge 250% after Launch of New Blockchain Unit

Net Element, Inc. shares registered an initial increase of over 300 percent after the announcement of a new blockchain unit The project will be executed in partnership with Bunker Capital Net Element’s move follows several similar announcements and the growth of the cryptocurrency market to over $600 billion in December 2017 Net Element, Inc. (NASDAQ: NETE) saw an increase in shares of over 300 percent on December 19, 2017, after the company announced the launch of a new blockchain-based business unit. Eventually, the initial increase slowed down, but company shares were still up around 254 percent at the time of…

ThursdayDec 21, 2017 9:00 am

Blockchain Technology’s Usefulness Promotes Innovation for Wide Range of Industries

CryptoCurrencyWire Editorial Coverage: Though typically associated solely with bitcoin and cryptocurrency, blockchain technology is becoming increasingly important for a wide range of industries – from oil & gas to security and sports betting. As one of the foremost companies on the development front, Victory Square Technologies, Inc. (CSE:VST) (OTC:VSQTF) (FWB:6F6) (VSQTF Profile) invests in and incubates entrepreneurial ventures to take advantage of existing and emerging market opportunities, including the development of blockchain technology in various industry sectors. Other companies involved in blockchain technology development include Marathon Patent Group, Inc. (NASDAQ: MARA), BTCS, Inc. (OTC: BTCS), 360 Blockchain, Inc. (CSE: CODE)…

WednesdayDec 20, 2017 9:00 am

Blockchain-Powered Cryptocurrency Revolution Boosts Early Adopters

CryptoCurrencyWire Editorial Coverage: The astounding surge in the price of cryptocurrencies in 2017, most notably bitcoin’s rise from around $1,000 at the start of the year to over $19,000 currently, has been powered by the innovative distributed ledger technology known as the blockchain. The blockchain supports cryptocurrencies and other applications where a secure, transparent record of transactions is required. It enables these transactions by using distributed computer networks to record and store transaction data, eliminating the need for third-party validation. This revolutionary technology has enabled the ever-widening adoption of cryptocurrencies such as bitcoin, Ethereum and Litecoin, while leading to big…

TuesdayDec 19, 2017 3:57 pm

SinglePoint’s (SING) Bitcoin Payment App Highlighted in CNBC Article – Offers Alternative to Cash-only Cannabis Industry

New cryptocurrency app allows cannabis dispensaries to accept electronic bitcoin payments Legal marijuana market predicted to hit $24.5 billion in North America by 2021 Convergence of cryptocurrency and cannabis industry meet in SingleSeed subsidiary Publicly traded holding company SinglePoint, Inc. (OTC: SING) and its innovative SingleSeed app – designed to allow cannabis dispensaries and customers to exchange funds using debit and credit cards via the vehicle of bitcoin – is singled out in a CNBC article highlighting the industry’s ongoing need for an alternative banking solution (http://nnw.fm/x4zXD). Three years ago, SinglePoint placed terminals in medical marijuana dispensaries, so consumers could…

TuesdayDec 19, 2017 11:09 am

ChineseInvestors.com, Inc. (CIIX) Reinforces Commitment to Cryptocurrency, Opening Bitcoin ATM in California Headquarters

Bitcoin ATMs added 106 new units worldwide in 2017— a 7.5 percent jump from the prior year U.S. and Canada, combined, have almost 73 percent of the global market with 1,104 bitcoin ATMs CIIX, in addition to agreeing to a bitcoin ATM installation at its San Gabriel, California, offices, also broadcasts ‘Bitcoin Multimillionaire’, a daily video on bitcoin news emanating from the NYSE ChineseInvestors.com, Inc. (OTCQB: CIIX) has jumped into the growing global market for bitcoin ATMs. According to Coin ATM Radar, installations of the ATMs are on pace to grow by 7.5 percent to 1,515 units across 19 countries…

MondayDec 18, 2017 9:30 am

AppSwarm, Inc. (SWRM) Carving Niches in Emerging Bitcoin, Cannabis Sectors

Letters of intent herald plans for popular digital currency wallet, marijuana business services Bitcoin enjoying meteoric rise; marijuana legalization continues to advance Large exchanges anticipating bitcoin futures contracts Recent announcements of AppSwarm, Inc.’s (OTC: SWRM) forays into the cannabis and bitcoin industries demonstrate the mobile business incubation company’s focus on emerging revenue streams with anticipated success. AppSwarm’s foundation is in the mobile gaming industry, which has provided it a stable of financial tech resources to leverage in accelerating ventures that don’t otherwise share much in common with game-playing apps. The company’s announcement in November that it had inked a letter…

ThursdayDec 14, 2017 9:00 am

Companies Enabling the Blockchain Revolution Offer Diverse Investment Opportunities

CryptoCurrencyWire Editorial Coverage: The cryptocurrency revolution has redefined the concept of money and facilitated the adoption of the distributed ledger system known as the blockchain that makes digital money feasible. At the same time, it has presented investors in the stocks of companies linked to the blockchain revolution with the opportunity to reap substantial profits. With the market for blockchain technology projected to experience blistering growth, from $210 million in 2016 to as much as $2.3 billion by 2021, investors are identifying tremendous potential for both established and emerging companies like Victory Square Technologies, Inc. (CSE:VST) (OTC:VSQTF) (FWB:6F6) (VSQTF Profile),…

WednesdayDec 13, 2017 9:00 am

Revolutionizing Sports Betting by Harnessing the Power of Blockchain Technology

CryptoCurrencyWire Editorial Coverage: Which sporting industry is enjoying explosive growth, both on and off the field? Would you be willing to place a wager on your guess? If you said, “Yes,” to that proposition, you aren’t alone. According to a market research report from Technavio, the sports betting market occupies the largest share in the overall gambling market, accounting for around 40 percent of gambling revenue generation around the globe (http://nnw.fm/4lcAh). Annual revenues are in the region of $400 billion each year, according to the report, but it is also well-known that some critics are concerned about betting’s purported lack of…

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