#CryptoCorner: #Crypto Could “Raise Financial Stability Concerns” According to Basel Committee, Coinbase Pro Adds XLM Support

#CryptoCorner: #Crypto Could “Raise Financial Stability Concerns” According to Basel Committee, Coinbase Pro Adds XLM Support

Point Roberts, WA, Delta BC March, 14 2019 -  Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s  (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

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March 14 Crypto Corner

Crypto Could “Raise Financial Stability Concerns” According to Basel Committee, German Bankers Association Anticipates Regulation to Check DLT Development, Coinbase Pro Adds XLM Support and Thai Stock Exchange Building Digital Asset Platform

A group of banking authorities known as the Basel Committee, part of the Bank of International Settlements (BIS), issued a report yesterday claiming that cryptoassets “increase risks faced by banks”. The Committee cites volatility, lack of standardization, money laundering and terrorism risks, and the inadequate functioning as a proper currency as reason why crypto threatens traditional banking and market stability.

The past few years have seen a growth in crypto-assets. While the crypto-asset market remains small relative to that of the global financial system, and banks currently have very limited direct exposures, the Committee is of the view that the continued growth of crypto-asset trading platforms and new financial products related to crypto-assets has the potential to raise financial stability concerns and increase risks faced by banks.

A statement issued by the German Bankers Association posited that with the growth of distributed ledger technology, new regulation may be necessary. As the use and development of DLT increases, the statement argues, updates to regulation may be required to check the disruptive nature of the technology.

A blog post yesterday revealed that Coinbase has added support for Stellar Lumens (XLM) on its Coinbase Pro platform. The post indicates that after 12 hours of deposits, which has now elapsed, full trading of XLM will commence. And once enough XLM is on the platform, trading with USD, EUR and BTC pairs will begin in phases.

The Stock Exchange of Thailand (SET) has announced that it is building a digital asset platform for a 2020 launch. This comes as part of an overhaul of the Thai capital market, which is being put through a “complete digitization” process. SET President Pakorn Peetathawatchai said:

“SET strongly believes that the collaboration with all stakeholders in enhancing the existing infrastructures that are a backbone of the current ecosystem and in building the new digital asset ecosystem will be a turning point that will take the Thai capital market to the next level. SET stands ready to build and operate the capital market that is underpinned by trust.”

Sam Mowers, Investorideas

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#Cannabisnews - Westleaf (TSXV: $WL.V) (OTCQB: $WSLFF) Provides Updates on Retail Store Opportunities

 

CALGARY, ALBERTA - March 14, 2019 (Investorideas.com Newswire) Westleaf Inc. (TSX-V: WL) (OTCQB:WSLFF) ("Westleaf"), is pleased to announce the Town of Banff has approved its development permit for a flagship retail location in the heart of Canada's most visited national park. The location on Caribou Street just off famed Banff Avenue, will be developed as a flagship in the Prairie Records brand of cannabis stores. The town located one hour west of Calgary, attracts more than four million visitors annually and is Canada's most visited national park and one of the top tourist destinations in the country. Westleaf remains on track to open approximately 20 locations in Alberta and Saskatchewan by the end of Q3 2019, subject to receipt of required regulatory approvals including receipt of cannabis retail licenses from the Alberta Gaming, Liquor and Cannabis and the Saskatchewan Liquor and Gaming Authority.

Read this in full at

https://www.investorideas.com/news/2019/cannabis/03141TSXVWL-RetailStoreOpportunities.asp

“Premium retail locations are the cornerstone of our vertically integrated strategy and which we believe uniquely differentiates Westleaf by providing access to wholly owned distribution channels,” said Scott Hurd, Westleaf’s President and CEO. “We have built our Prairie Records retail brand to be a superior retail experience and have focused on locations with high foot traffic in urban centres and resort destinations. There are very few locations in Canada that tick off as many boxes as the Banff location does. If you have ever been to the intersection of Banff Avenue and Caribou Street on a summer weekend, you will know exactly what we are talking about.”

“The space is also exceptionally unique,” added Adam Coates, Chief Commercial Officer at Westleaf. “We have secured a former nightclub, which includes approximately 5,000 square feet of development. This will give us plenty of room to present an unprecedented retail experience, rooted in an immersive musically themed approach, complete with listening booths, to create an absorbing way to learn about the products.” The store will be in the basement of the historic King Edward Hotel which was built in 1904 and is the second oldest hotel in Banff.

Prairie Records is an engaging retail concept, which marries cannabis with music in a natural and instinctual way. Product information is presented on album covers and categorized and aligned with different types of music. “Through this concept the consumer is presented with choices they can immediately identify with,” explains Coates. “For example you can steer towards the ‘Just Dance’ section, which will give you an idea of the type of cannabis product you would want for a night on the town, or you can turn towards the ‘Dreams’ section, if perhaps you are looking for a relaxing evening at home. Using music and musical nomenclature to align the customer to what they are looking for has created a brand proposition for Prairie Records that will stand out from all other retailers and help us create a unique tie with the consumer.” 

Banff Location Highlights:

·        High Traffic Area: With annual visitors of more than four million, it is expected that the cannabis retailers in Banff will have one of the highest ratios of customers to stores in Canada;

·        Year-Round Resort: Banff is a four-season resort community with a large number of visitors in both summer and winter months coming for world-class outdoor activities;

·        Tourism Potential: Cannabis tourism has been identified as a potential growth industry across Canada, with many of the budding tour operators concentrated in the west and in the mountain resort communities;

·        Number of Stores: Prairie Records Banff, is one of five development permits issued for the mountain community;

·        Part of a Truly Vertically Integrated Company: Westleaf is one of the few truly vertically integrated companies in the Canadian cannabis industry, with assets owned and under development across each vertical of the business, including cultivation, extraction, processing & manufacturing, distribution and wholly owned retail. Westleaf believes that being vertically integrated provides significant optionality and defensively positions the company to protect margins across the life cycle of the industry.

Currently the Banff Prairie Records location is being developed with an opening date in Q3 of this year, pending completion of conditions and release of the development permit from the Municipal Planning Commission in Banff as well as the lifting or loosening of the moratorium on new cannabis retail licenses from the Alberta Gaming, Liquor and Cannabis (AGLC) which has been imposed due to supply constraints.

The unique design, warm features and welcoming spaces are designed by FRANK Architecture & Interiors of Calgary, one of the top design firms in Canada and a leading design company in the hospitality space. 

Artist’s rendering of Prairie Records store, Banff, Alberta, by FRANK Architecture & Interiors

Artist’s rendering of Prairie Records store, Banff, Alberta, by FRANK Architecture & Interiors

About Prairie Records

Focusing exclusively on densely populated neighborhoods, high traffic areas, and tourist destinations, Prairie Records retail stores will be situated in some of the most premium retail locations across the country. The foundation of the retail concept is ingrained with a desire to create a unique cannabis purchasing experience through tactile in-store features and product offerings that celebrate the relationship between music and cannabis. Featuring a rollout of upwards of 50 retail locations in markets across Canada. Westleaf continues to be committed to becoming a leader in the cannabis retail market in Canada. 

About Westleaf Inc.

Westleaf is a vertically integrated cannabis company focused on innovative retail experiences and engaging cannabis brands as well as cultivation, production and extraction of cannabis products. Westleaf is rolling out a national retail footprint for its retail concept Prairie Records, with stores planned for British Columbia, Alberta, Saskatchewan and potentially Ontario. The retail concept leverages the instinctual tie between recreational cannabis and music and redefines the cannabis purchasing experience. The Company also has two significant production facilities under construction and scheduled for completion in 2019. For more information, please visit www.westleaf.com or www.prairierecords.ca.

More Information:
Bruce Leslie, VP Corporate Communications

Bruce.leslie@westleaf.com 

403-801-7612

Or

Lauren Steeves, North Strategic

Lauren.steeves@northstrategic.com

306-717-3253

Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release

Cautionary Statements

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. This news release, forward-looking statements relate, among other things, to: (i) the development of the Prairie Records facilities, the quality of the facilities and the expected opening date thereof; (ii) the legalization of derivative products and the resulting market therefor; (iii) construction of and timing to open Westleaf’s retail locations, including but not limited to the the Banff Prairie Records location and Westleaf’s retail operations roll-out across Canada; (iv) timing and completion of Westleaf’s production facilities; (v) and the business and operations of Westleaf. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: lifting or loosening of the moratorium on new cannabis retail licenses from the AGLC and receipt of a cannabis retail license from the AGLC in respect of Westleaf’s retail locations; timing and completion of construction of retail locations; review of facilities by Health Canada and receipt of a licensee from health Canada in respect of Westleaf’s production facilities; receipt of funding for completion of construction; general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Westleaf assume no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

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#AIEYE; #AI Stands Guard for the Future: How AI Is Being Used in #Security; (NYSE: $BB) (OTC: $CYBF) (TSXV: $VQS.V) (OTC: $QUES)

#AIEYE; #AI Stands Guard for the Future: How AI Is Being Used in #Security; (NYSE: $BB) (OTC: $CYBF) (TSXV: $VQS.V) (OTC: $QUES)

Point Roberts WA, Delta BC – March 14, 2019 – Investorideas.com, a global investor news source covering security and Artificial Intelligence issues a special edition of The AI Eye, looking at how AI is playing a significant role in the future of security.

As AI technology is optimized and becomes more available, its implementation into both cyber and real-world security is fast becoming a necessity in staying ahead of future threats. 

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/03141AIEye-BB-CYBF-VQS-QUES.asp

Comcast recently acquired BlueVector, the technology company spun off from defense contractor Northrop Grumman two years ago which uses artificial intelligence and machine learning to provide cybersecurity services to companies and government agencies.

This was shortly followed by Verizon announcing the addition of BlackBerry Cylance's AI-driven antivirus security solutions to its industry-leading Managed Security Services (MSS) portfolio. Blackberry Cylance, a business unit of BlackBerry Limited (NYSE:BB) (TSX:BB), was recently recognized as a leader in five distinct categories at the 2019 Cybersecurity Excellence Awards: Best Cybersecurity Company, Most Innovative Cybersecurity Company, Endpoint Detection and Response, Endpoint Security and Best Cybersecurity Podcast. 

"Businesses of all sizes are suffering alert-fatigue generated by other endpoint solutions. Many are turning to managed security services to gain holistic, expert-level management across their endpoints, gateways and networks on a round the clock basis," said Stuart McClure, co-founder of Cylance and President of BlackBerry Cylance. "By offering BlackBerry Cylance's AI-powered endpoint protection, Verizon's MSS customers will now have access to a powerful antivirus technology with the ability to prevent known and unknown threats, reducing the strain on other security controls, and alerts that must be tracked, processed and audited."

Cyberfort Software, Inc. (OTC: CYBF), a cyber security technology company, announced new features to its recently acquired Just Content App, including the imminent release of its integrated artificial intelligence (AI) solution.

Just Content leverages proprietary technologies to help safeguard families and businesses from online threats such as unsafe links, adult content, phishing sites and inflammatory hate speech found on the Internet. The recent upgrades ship with the highest security as default, a smooth onboarding experience and data usage features that provide the best protection for both new and experienced users.

“We have been working hard to leverage our expertise in machine learning and artificial intelligence to provide solutions for customer problems like spam SMSes and robo calls. We are delighted to say that our spam filtering solution is extremely close to release. At the same time, a content moderation platform for businesses and enterprises is currently under development,” shares Krishna Kumar, Senior Developer at Cyberfort Software and Founder of Just Content.

VIQ Solutions Inc. (TSXV: VQS), a global expert providing cyber-secure AI technology and services has also put some focus into “on the ground” security, having announced last year its acquisition of Net Transcripts, Inc., a leading provider of secure multi-speaker documentation services to law enforcement and criminal justice organizations.

“The acquisition of Net Transcripts, a market and trusted leader in law enforcement, is a substantial milestone in VIQ’s growth strategy to expand our portfolio of services, opening up a significant and growing market in the USA. This highly fragmented market is undergoing major disruption due to artificial intelligence, which is encouraging customers to look at innovative ways to unlock the value in their digital media,” said Sebastien Paré, VIQ President and CEO.

AI has many obvious uses in the world of cybersecurity but that doesn’t mean it can’t be applied to real world security situations just as well.

Quest Solution, Inc. (OTC: QUES), a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, announced that it was selected to install a state-of-the-art AI-based safety and security system on the campus of a Pre-K – 12 preparatory School in South Florida. This system will provide enhanced safety for students, faculty and visitors to the school. For safety reasons the name of the school is not disclosed.

The Quest Safe School System is based on technology from Quest’s recently acquired subsidiary HTS Image Processing and offers real-time, automated vehicle recognition via machine vision. In a school setting, the system is hosted on a cloud-based platform integrated with campus intelligence, tracking vehicles, students, staff, deliveries and campus visitors. The Safe School System has whitelist and blacklist capabilities to immediately identify vehicles upon arrival, allowing the admittance of authorized cars or a real-time alarm for any unauthorized and/or suspicious vehicle.

AI implementation is fast becoming a necessary security feature, as large tech firms such as Palo Alto Networks Inc. and Microsoft Corp. are showing, which is good news for customers and consumers as these new features allow for tireless protection in an age of information fatigue.

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The Sky is the Limit - #CloudComputing Boosts Fitness and Health (NASDAQ: $FIT) (OTC: $TXHD) (TSXV: $RHT.V) (OTCQB: $RQHTF) (CSE: $PHGI.C) (OTCQB: $PHGRF)

The Sky is the Limit - #CloudComputing Boosts Fitness and Health (NASDAQ: $FIT) (OTC: $TXHD) (TSXV: $RHT.V) (OTCQB: $RQHTF) (CSE: $PHGI.C) (OTCQB: $PHGRF)

 Point Roberts, WA and Delta, BC - March 14, 2019 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering tech and cloud stocks, releases a snapshot looking at how cloud technology is playing a leading role in the future of health and fitness.

According to recent research, “The global healthcare cloud computing market is expected to register a CAGR of 18% during the forecast period, 2018 to 2023. With the increasing adoption of healthcare informatics, the healthcare information system service providers are significantly implementing the cloud-based software, as it comprises less investment and minimal support requirements, in terms of technology. High-volume storage capacity and accessibility provided by cloud-based applications are also favoring the market.”

With headlines like, “Microsoft and digital health: AI, IoT and cloud computing point the way to personalised care,” investors can take note that most of the tech giants are in the space.

Read this in full at https://www.investorideas.com/news/2019/technology/03141Stocks-CloudComputing.asp

Fitbit (NASDAQ:FIT), one of the most well-known health solution technology companies and leading global wearables brands announced four new products as well as its recent partnership with Solera Health to help improve health culture and prevent type 2 diabetes.

From recent news; “Fitbit Versa Lite Edition™, Fitbit Inspire HR™, Fitbit Inspire™ and Fitbit Ace 2™ are designed to help make health and fitness accessible to more consumers across the globe.”

“Since founding Fitbit almost 12 years ago, we’ve focused on making health fun and achievable for everyone – regardless of fitness level or goals. Today we have a growing, supportive community of more than 27 million active users around the world who are getting more active, sleeping better, reducing stress, managing weight and getting healthier from being ‘on Fitbit,’ which is a testament to the power of our platform and our consistent innovation across our devices, software features and mobile app experience,” said James Park, co-founder and CEO of Fitbit.

Smaller player Textmunication Holdings, Inc. (OTC: TXHD), a cloud-based communication technology holding company is also looking to marry cloud technology and healthy living, having  just announced that they will be attending the 2019 International Health, Racquet & Sportsclub Association (IHRSA) Convention, March 13-15 in San Diego. IHRSA represents over 10,000 for-profit health and fitness facilities and over 650 supplier companies in 71 countries.

TXHD is also moving forward with its plan to acquire ‘Off Day Trainer’ from The RELENTLESS Management Group (“RMG”), a technology management firm based in San Luis Obispo, California. The ODT platform focuses on mobile engagement for the personal training industry. The patented platform will be integrated with Textmunication’s Smart Automated Messaging (SAM) platform allowing for a best-in-class scalable fitness mobile marketing platform with access to more than 300,000 personal trainers and more than 35,000 North American health clubs.

While cloud technology companies may be influencing healthcare, the same can also happen in reverse. Premier Health Group (CSE: PHGI) (OTCQB: PHGRF), a company focused on developing innovative approaches that combine human skill-based expertise with emerging technologies for the healthcare industry, recently announced that it is growing it's development team at Cloud Practice Inc., which PHGI recently acquired, to support the Company's focus on digitizing health care.

"The future of healthcare is digitally driven and this strategic investment in growing Cloud Practice's team will enable us to fast-track the build out of our app – a much-needed technology innovation in healthcare," said Dr. Essam Hamza, CEO of Premier Health. "Our goal is to tackle the accessibility bottlenecks by putting the power in the hands of patients. Not only will our app enable patients' access to their health care providers, but also allow for cohesive patient care by coordinating and connecting all members of their health care team."

In other recent news in the sector, Reliq Health Technologies Inc. (TSXV:RHT) (OTCQB:RQHTF), a technology company that develops innovative mobile health and telemedicine solutions for the community-based healthcare market reported that it is collaborating with Fitness and Wellness Consulting Services, LLC in Princeton, New Jersey to provide a white-labeled version of Reliq’s platform to collect and analyze population health data for participants in Fitness & Wellness Consulting Services’ medically-supervised Wellness Programs.

Cloud technology has been integrating into healthcare and healthy living for the past 3 years but now it seems the momentum has caught up to the potential, which means a brighter, healthier future with all of our heads in the cloud.

Investorideas.com has created a directory of tech stocks, including cloud stocks for investors following the sector.

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