#Cryptocurrency and
Blockchain Back in the Headlines Thanks to #JPMCoin; (CSE: $LLT.C) (OTC:
$LLNKF) (TSXV: $HIVE.V) (OTCQX: $HVBTF) (TSXV: $GLXY.V) (NASDAQ: $RIOT)
Point Roberts, WA and Delta, BC
- February 22, 2019 (Investorideas.com Newswire) Investorideas.com, a global
investor news source covering blockchain and cryptocurrency issues a special
edition of the Crypto Corner looking at the recent run in cryptocurrencies and
blockchain stocks following recent news of the JPM Coin.
With a heart-stopping
180o turn on February 14th, J.P. Morgan
became the first US bank to create and successfully test a digital coin
representing a fiat currency. The JPM Coin will use blockchain-based
technology, enabling the instantaneous transfer of payments between
institutional accounts.
Read this in full at https://www.investorideas.com/news/2019/blockchain/02221Stocks-Cryptocurrency.asp
Adding fuel to the
fire, in a recent interview at the IBM Think 2019 conference, Jesse Lund (VP of Blockchain and Digital
Currencies for IBM) said IBM has several “letters of intent” with major banks
to release digital currencies.
From finance to
supply chain, healthcare, real estate, smart contracts, IoT and more, the
applications for blockchain ledger technology seem endless.
Blockchaintechnologies.com
recently reported, “Huge tech companies like IBM have already
seen the potential for blockchain supply chain management and have web 3.0
solutions in development or pilot program stages.”
Litelink Technologies
Inc. (CSE: LLT) (OTC: LLNKF) is also aiming to take logistics to a whole new level. “Our platforms use the power of
blockchain, artificial intelligence and the rich features in the Amazon Cloud
to change the way the world works in logistics, digital wallets & payment
solutions.”
Litelink’s Shift product uses blockchain to track shipments, handle invoicing, payments and reviews and ratings. For audit and dispute resolution, their blockchain tech records the time and location of arrival at the location/gate and dock via GPS location data, records the receipt of the signed BOL, as well as runs AI algorithms to determine whether there are any exception conditions present at delivery. The proprietary Adversarial Permissioned Blockchain platform, based on JP Morgan’s platform, can also provide an early warning for potential future disputes, allowing the parties to proactively seek solutions rather than pointing fingers later.
The company recently announced an update on the progress and planned the
rollout of its 1SHIFT Logistics platform.
Hive Blockchain
Technologies Ltd. (TSXV:HIVE.V) (OTCQX:HVBTF) just announced up-listing to the OTCQX. "Upgrading to
the OTCQX is an important event for the Company," said Frank Holmes,
Interim Executive Chairman. "The OTCQX equips HIVE with better liquidity
and exposure for existing and future US investors as we continue our long-term
strategy to enhance shareholder value. HIVE is an industry leader among
publicly traded blockchain infrastructure companies and trading on OTCQX in the
US provides investors with an opportunity to participate in the long-term
potential of blockchain and to invest in a stock that is highly correlated to
the price movements of cryptocurrencies like Bitcoin and Ethereum."
Galaxy Digital
Holdings Ltd. (TSXV: GLXY), a diversified asset management firm
dedicated to the digital assets and blockchain technology industry recently reported preliminary assets under management of
$416.5 million as of January 31, 2019, inclusive of committed capital in a
closed-end vehicle.
The Company says,
“Our mission is to stand behind companies that we believe will be successful in
helping to accelerate and promote the institutional adoption of blockchain
technology and digital assets.”
Riot Blockchain, Inc.
(NasdaqCM:RIOT), a company that says its focus is on
Bitcoin and general blockchain technology has been one of the biggest movers in
the recent run. Trying to regain
investor confidence, earlier this month the company announced its Board of Directors is implementing
leadership and governance structure changes. Jeff McGonegal is being named
Chief Executive Officer, replacing departing Chris Ensey, who had joined the
Company in January 2018 as its Chief Operating Officer and had been appointed
interim Chief Executive Officer, in September 2018. Jeffrey Vormittag, Chief
Operating Officer of the Company's subsidiary, Riot Blockchain Canada Inc. will
also be leaving the company.
“Riot Blockchain's
Board of Directors is very focused on delivering value for the Company's
shareholders and believes that a new streamlined leadership structure is
critical to achieving success, while also achieving cost reductions.”
It appears the recent
complacency in the sector has shifted to a new sense of optimism and for now,
the trend is the friend in blockchain stocks.
About Investorideas.com
Investorideas.com is a recognized news source
publishing third party news and press releases plus we create original
financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts and videos talking about
cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water,
renewable energy and more . Investorideas.com original branded content includes
the daily Crypto
Corner and Podcast, Play by Play sports and stock
news column, Investor Ideas #Potcasts #Cannabis News
and Stocks on the Move podcast and column,
Cleantech and Climate Change Podcast and
the AI Eye Podcast and column
covering developments in AI.
Social Media
Disclaimer/Disclosure:
Investorideas.com :Our site does not make recommendations for purchases or sale
of stocks, services or products. Nothing on our sites should be construed as an
offer or solicitation to buy or sell products or securities. All investment
involves risk and possible loss of investment. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. Contact each company directly regarding content and
press release questions. Disclosure is posted for each compensated news
release, content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring LiteLink
Technologies Inc. is a paid for service on Investorideas.com – third party. Learn more about costs and our services
https://www.investorideas.com/News-Upload/
Additional info
regarding BC Residents and global Investors:: https://www.bcsc.bc.ca/release.aspx?id=6894.
Contact Investorideas.com
800-665-0411
No comments:
Post a Comment