#CryptoCorner: OKEx Developing #Blockchain, Binance Partners with IdentityMind for Compliance and Data Security and Bing (NASDAQ: MSFT) Blocked 5 Million #Crypto Ads in 2018

#CryptoCorner: OKEx Developing #Blockchain, Binance Partners with IdentityMind for Compliance and Data Security and Bing (NASDAQ: MSFT) Blocked 5 Million #Crypto Ads in 2018

Point Roberts WA, Delta BC,  March 26, 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 26 Crypto Corner

OKEx Developing Blockchain, Bitmain Announces New CEO Following IPO Expiry, Binance Partners with IdentityMind for Compliance and Data Security and Bing Blocked 5 Million Crypto Ads in 2018

Stocks discussed: (NasdaqGS:MSFT)

According to a recently published blog post, crypto exchange OKEx has been developing its own blockchain, which will be called OKChain. The chain’s native utility token, OKB, will be able to be used for transaction fees and Dapps developed on the chain. The development team has decided to put OKB on the ERC-20 blockchain at first, but it will migrate to the OKChain mainnet once it is deemed stable.

With mining giant Bitmain’s IPO application having lapsed as of yesterday, the company published an announcement today indicating that Haichao Wang has been named as the new CEO after co-founders Jihan Wu and Micree Zhan stepped down months ago. Addressing the IPO application with HKEX, the announcement makes clear that Bitmain’s listing ambition has not disappeared.

Bitmain’s listing application to HKex in September 2018 has reached its 6-month expiration date. We do recognize that despite the huge potential of the cryptocurrency and blockchain industry, it remains a relatively young industry which is proving its value. We hope regulatory authorities, media, and the general public can be more inclusive to this young industry. We will restart the listing application work at an appropriate time in the future.

CoinDesk reports that Binance, the world’s largest crypto exchange, has partnered with Medici Ventures portfolio firm IdentityMind to improve compliance and data security. IdentityMind defends against fraud through know-your-customer (KYC) and anti-money laundering (AML), and helps exchanges with client onboarding, transaction monitoring and case management solution. IdentityMind CEO and president Garrett Gafke said:

“Our risk and compliance platform powered by a patented digital identities engine meet the scale demands of Binance’s global operations while providing a highly accurate system for assessing any global risk factors from outside entities for transactions.”

According to a review published yesterday, Microsoft’s (NasdaqGS:MSFT) search engine Bing blocked over 5 million cryptocurrency-related ads in 2018. The report reads:

Cryptocurrency as an asset class saw a bull run in 2018, increasing valuations multi-fold. The high returns and volatility of cryptocurrencies invited a lot of interest from retail investors and speculators looking to make a quick return. There wasn't much regulatory oversight, and the overall pseudo-anonymity built into currencies like bitcoin made cryptocurrency a prime target for fraudsters and scam artists to defraud end-users. Bing Ads therefore decided to ban cryptocurrency content from our advertising platform and blocked more than 5 million ads containing cryptocurrency content.

Sam Mowers, Investorideas

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#Cannabis Infused #Beverage Market Ready to Pop: Companies Prepare For Upcoming Canadian and US Infused Beverage Market; (TSX: $WEED.TO) (CSE: $SPR.C) (NASDAQ: $NBEV) (NYSE: $HEXO)

#Cannabis Infused #Beverage Market Ready to Pop: Companies Prepare For Upcoming Canadian and US Infused Beverage Market; (TSX: $WEED.TO) (CSE: $SPR.C) (NASDAQ: $NBEV) (NYSE: $HEXO)

Point Roberts WA, Delta BC – March 26, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the CBD and cannabis infused beverage sector and how companies are preparing to enter this new market segment.

In recent news, Food and Drug Administration Commissioner Scott Gottlieb said his agency has plans to regulate CBD edibles and will start holding public hearings on the matter as early as April.

Since the legalization of hemp and hemp-derived CBD in the Farm Bill, the CBD industry has eyed the FDA's position toward the substance, as it represents an obstacle to mass-market CBD edibles from a federal standpoint.

Having a clear set of rules could make it easier for cannabis and CBD companies to distribute their products on a larger scale and would eliminate the uncertainties that might prevent large retailers such as Walmart, Inc., from offering CBD products.

Read this in full at https://www.investorideas.com/news/2019/cannabis/03261Stocks-BeverageMarket.asp

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) has been preparing for the Canadian infused beverage market since receiving its investment from Constellation brands and is now preparing for the US, having acquired AgriNextUSA, a hemp enterprise led by CEO, Geoff Whaling which has been at the forefront of hemp advocacy and building a vibrant hemp sector in the US. The acquisition will accelerate Canopy Growth's entry into key American jurisdictions as regulations surrounding the full use of hemp as a crop begin to be implemented.

Sproutly Canada Inc. (CSE: SPR) (OTC: SRUTF), a company whose core mission is to become the leading supplier to the cannabis beverage and consumables market, discussed their beverage plans in their recent strategic update.

“Sproutly has made significant progress towards building a world-class cannabis beverage and infused product company since going public in July of last year,” said Keith Dolo, CEO and Director. “We have been successful in acquiring the exclusive rights to Infusion Biosciences’ APP technology in certain jurisdictions, which is able to produce naturally water-soluble cannabinoids that deliver the full experience of cannabis paralleling the onset and offset profiles of smoking.  From there, we have made steps to bring in the people and the resources to build a global cannabis-branded company focused on beverage and infused products” he added.

Following the legalization of adult use recreational cannabis in Canada in 2018, cannabis edibles are expected to be legalized later in 2019.  As the Company approaches the legalization of edibles and beverages, Sproutly is developing its brand and partnership strategy with respect to APP technology.  Sproutly will look to maximize the use of the exclusive Canadian license for APP Technology that it obtained through the acquisition of Infusion Biosciences Canada Inc. APP Technology is a patent-pending process that gently recovers naturally water-soluble cannabinoids as well as natural oils; recovering between 85% - 90% of the total bioactive cannabinoids in the plant.

New Age Beverages Corporation (NASDAQ: NBEV), a Colorado and Utah-based organic and natural beverage company intending to become the world's leading healthy beverages and lifestyle company, recently announced that it will hold an investor conference call on Friday, March 29, at 8:30 AM EST to discuss the Company's full year financial results for the period ending December 31, 2018.

In the conference call, NBEV will host a Q & A session for investors, where they will have the chance to inquire about NBEV’s beverage plans for the coming months and how the FDA decisions in April may affect their beverage strategy moving forward.

HEXO Corp. (NYSE: HEXO) (TSX: HEXO), similar to Canopy, has put focus into product supply having announced that it has entered a definitive agreement with Newstrike Brands Limited, in which HEXO will acquire all the outstanding and issued common stock of Newstrike as per the Business Corporations Act of Ontario.

The licensed indoor facility of Newstrike will offer HEXO access to the different growing techniques which will help position the company for global exports as the cannabis market continues to grow.

As we prepare for the Canadian consumables market and Federal regulations surrounding the CBD infused market in the US, ensuring a proper supply chain, distribution network and having top quality product are essential to any company aiming to capitalize on this opportunity. The beverage market is set to explode, but prospective companies still have a few more months to prepare for what could be the future of the beverage industry as a whole.

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

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#Cannabis Acquisitions Popping Up Like Weeds; (NYSE: $CGC) (OTC: $SING) (OTC: $HRVSF) (CSE: $GTII.C)

#Cannabis Acquisitions Popping Up Like Weeds; (NYSE: $CGC) (OTC: $SING) (OTC: $HRVSF) (CSE: $GTII.C)

Point Roberts WA, Delta BC – March 26, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks continues with our two part series on how the growing cannabis market is boosting ancillary markets, with part two focusing specifically on acquisitions in the cannabis sector.

According to a recent Forbes article, “most of the businesses growing, processing and selling cannabis across the United States are small independently-held entities. That may change in 2019 which looks like a big year for industry mergers, acquisitions and expansion. Large companies, like those in the food, tobacco and pharmaceutical industries have mostly stayed on the sidelines, held back by regulatory concerns, but are now expected to enter the market. The cannabis industry still has a mom and pop feel but that could change rapidly.”

Read this in full at https://www.investorideas.com/news/2019/cannabis/03262Stocks-Acquisitions.asp

Canopy Growth Corp. (NYSE: CGC) (TSX: WEED) is a strong example of one such larger company making acquisitions, having recently acquired AgriNextUSA, a hemp enterprise led by CEO, Geoff Whaling, that has been at the forefront of hemp advocacy and building a vibrant hemp sector in the US. The acquisition is expected to accelerate Canopy Growth's entry into key American jurisdictions as regulations surrounding the full use of hemp as a crop implementation.

SinglePoint (OTC: SING), a company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration in mobile payments, ancillary cannabis services and blockchain solutions, has been very busy making recent acquisitions in Cannabis and most recently solar, all which could benefit their cannabis division was featured in Part One of this series.

The company offers mobile Web checkout gateway services which allow mobile users to purchase goods and services directly from Web-enabled mobile phones through credit or debit cards. It also sells hemp products through SingleSeed.com, supplies hydroponic supplies and nutrients to commercial and individual farmers through retail and online stores. SinglePoint, Inc. was founded in 2007 and is based in Phoenix, Arizona.

Harvest Health and Recreation (OTC: HRVSF) (CSE: HARV) recently announced that it would buy competitor Verano Holdings for $850 million in an all-stock deal, marking the largest US cannabis deal to date. The combined company will be one of the country's largest multi-state operators, presiding over as many as 200 facilities in 16 states.

Steve White, the co-founder and CEO of Harvest, commented on the state of the market in a recent CNBC article. "Presently, we're in a phase that people are referring to it as a land grab," White told CNBC's ’Fast Money.’ "We plan on ... developing the largest retail footprint, the largest retail platform, in the United States, and with this acquisition, I think we've done that."

Green Thumb Industries Inc. (CSE: GTII) (OTC: GTBIF) also recently announced the closing of the acquisition of For Success Holding Company, the Los Angeles-based creator of the lifestyle suite of Beboe branded cannabis products.

Beboe is the leader in luxury cannabis whose mission is to ‘destigmatize’ legal cannabis through heightened experience and education. Beboe is best known the thoughtful design aesthetic of its iconic rose gold vaporizing pens and edible pastilles, and each product is curated with a unique blend of socially dosed THC and CBD. Beboe is currently available in more than 125 retail locations in California and Colorado and via home delivery across California. In 2018, Beboe launched a direct-to-consumer hemp-derived CBD line of products and introduced several collaborations, including a CBD-infused drink with wellness brand Dirty Lemon.

In early 2019, Barneys New York announced an exclusive partnership with Beboe for a first-of-its-kind luxury cannabis lifestyle and wellness concept shop, “The High End.” The shop will debut at Barneys’ Beverly Hills flagship location in March, with plans to expand to additional locations in the near future. The collaboration includes exclusive, special edition packaging and a silver Beboe vaporizer pen in celebration of the project. With the acquisition by GTI, Beboe products will become available beyond California and Colorado with distribution in select markets.

This “land grab” momentum is expected to continue through 2019 as the cannabis sector expands and consolidates within its own sector and with its ancillary markets. This may mean that the companies making early acquisitions will have a much better chance of success in the market.

Part one The SunnySide of Cannabis; Cannabis Growth Boosts Solar Market; (TSX: $VFF.V) (OTC: $SING) (CSE: $HUGE.C) (CSE: $BGRD.C)

https://www.investorideas.com/news/2019/renewable-energy/03211Cannabis-Solar.asp

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

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The #AIEYE: #AI Saving Money and Promoting Efficiency in #Energy Sector: (NYSE: $GE) (TSXV: $MCLD.V) (OTCQB: $MCLDF) (NYSE: $EXC) (NASDAQ: $SPWR)

The #AIEYE: #AI Saving Money and Promoting Efficiency in #Energy Sector: (NYSE: $GE) (TSXV: $MCLD.V) (OTCQB: $MCLDF) (NYSE: $EXC) (NASDAQ: $SPWR)

Point Roberts WA, Vancouver BC – March 26, 2019 – Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, looking at how AI will play a significant role in clean energy and energy efficiency.

As clean and efficient energy becomes increasingly important to consumers from ongoing environmental concerns, and in the interest of affordability, more and more companies look to employ AI and machine learning technology to keep abreast with demand.

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/03261AIEye-GE-MCLD-MCLDF-EXC-SPWR.asp

Veteran multinational General Electric (NYSE:GE), through its utility analytics digital energy solutions combines AI with state-of-the-art machine learning capabilities to “deliver predictive and prescriptive insights.” In an article on Utility Dive on data analytics in the power sector, GE Power Digital Senior Director of Data and Analytics, Matt Schnugg said: "Data is a linchpin of our collective energy future.”

“Data analytics is already improving utilities' asset performance and is beginning to improve customer engagement. But the automated and integrated system that will enable peak performance, energy networks, and connected communities are still to come. The next step is "enabling advanced analytics" and incorporating it into AI processing "at hyperscale," GE's Schnugg said.

Another way AI technology is being leveraged is in the streamlining of alternative sources of energy, such as wind. Analytics India quotes Google DeepMind researchers in a recent article, on how they have increased efficiency through machine learning:

“Although we continue to refine our algorithm, our use of machine learning across our wind farms has produced positive results. To date, machine learning has boosted the value of our wind energy by roughly 20 percent, compared to the baseline scenario of no time-based commitments to the grid.”

Similar innovation can be seen by Universal mCloud Corp., (TSXV:MCLD) (OTCQB:MCLDF) which was recently named as one of TSX Venture Exchange’s top performing startups in the technology sector. The company has signed a Memorandum of Understanding (MOU) with Ecotricity affiliate Britwind Ltd. which will see Universal mCloud upgrade the latter’s wind turbines with AI and analytics. Called rEsolve, the upgrade enhances the operation of Britwind’s 1,000 Endurance E-series turbines alongside a 5-year warranty. mCloud’s Chief Growth Officer, Costantino Lanza commented:

“mCloud’s expertise in AI and analytics for wind applications complements Britwind’s strengths in the manufacturing and maintenance of wind turbines,” said Costantino Lanza, mCloud’s Chief Growth Officer, who is also leading mCloud’s activities in the Smart Wind segment. “Our AssetCare™ for Wind solution will connect Britwind turbines to help their customers achieve peak performance.”

But it’s not only wind energy that is benefiting from the application of AI capabilities. A report from Research and Markets projects that the solar power market in the Americas, for instance, is expected to expand at a compound annual growth rate (CAGR) of 19.2 percent between 2018-2022 in terms of total installed capacity in select countries. A piece from nanalyze looking at AI in renewable energy highlights SunPower Corporation (NasdaqGS:SPWR), and how it is leveraging AI and other technologies:

“The Silicon Valley-based company recently built a new solar research facility. One of the key tools at the new $25 million facility involves quality control over the photovoltaic cell manufacturing process. AI is used to analyze the process to not only ensure a quality product, but to provide new insights to improve the technology over time. Incidentally, SunPower is embracing all kinds of emerging technology, including the use of drones to survey potential solar power farm sites in order to create more efficient designs. No doubt engineers will employ machine learning there as well, maybe through HST Solar or just buy the startup outright.”

Elsewhere, Constellation, an Exelon Corporation (NYSE:EXC) employs third-party Pear.ai’s “virtual energy agent”, Sam, to converse with customers, allowing them to ask questions and gain insights regarding energy costs. Chris Buzby, Senior Manager of Corporate Strategy, Innovation, and Sustainability at Exelon wrote in a Constellation blog post earlier this year:

“Constellation is looking at AI to decrease our customers’ energy costs and to optimize the many tasks they perform on a regular basis. As we think about the cost for our customers, it is easy to just think about the price per kilowatt-hour, but we know our customers think about more than just that number. They are interested in ways to be more efficient or to decrease capacity costs and other energy-related costs.”

Though surely still in the earliest stages of adoption, AI can already be seen to have made gains for both wind and solar energy markets with data analytics, as well as on the consumer-end, helping to both reduce costs and promote greater energy efficiency.

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