#CryptoCorner: Market Mostly Recovers from Wednesday Tumble, Coinsquare to Introduce Canadian Dollar Stablecoin

#CryptoCorner: Market Mostly Recovers from Wednesday Tumble, Coinsquare to Introduce Canadian Dollar Stablecoin

Point Roberts, WA, Delta BC April 5, 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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April 5 Crypto Corner

As we enter the weekend, the crypto market has rebounded somewhat after slipping from its Wednesday peak of $185 billion. Despite sinking to about $169 billion later on Wednesday, the market has climbed back to a total market capitalization of $175 billion at press time, according to CoinMarketCap. Even with the Wednesday tumble, total market capitalization is still sitting a full $32 billion higher than a week ago. Bitcoin (BTC) is currently trading for $5015, Ether (ETH) for $164, XRP for $0.36, Litecoin (LTC) for $88 and Bitcoin Cash (BCH) rounds out the top five coins by market cap with a trading price of $294.

Canadian crypto exchange Coinsquare has announced that it will launch the first stablecoin pegged to the Canadian dollar, called eCAD. Users will be able to purchase eCAD for the same price as a Canadian dollar, and one dollar will be held in reserve for every eCAD created. Cole Diamond, CEO of Coinsquare, said:

“We are thrilled to announce the first step of our plan to bring stability and opportunity to the Canadian cryptocurrency market. The launch of eCAD™ will create the first transparent, affordable, and secure way of transferring value in Canada and beyond, without the risk of instability in the traditional cryptocurrency market.”

Crypto exchange giant Coinbase has been ranked #35 of LinkedIn’s list Top Companies 2019: Where the U.S. wants to work now. Under the “What may surprise you” heading, the publication points out that “Employees can choose to be paid partially or entirely in bitcoin” and that “roughly 40% of staff have some portion of their paycheck allocated to cryptocurrency”.

Local Montana news outlet Missoulian reports that the Missoula County Board of Commissioners voted to impose new regulations on cryptocurrency companies in the county. Among the requirements brought on by the regulations is for companies to purchase or build new sources of renewable energy to offset 100 percent of their energy demands. Commissioner Dave Strohmaier said:

“There are buyers for the power, so it’s not as though this is renewable energy that is otherwise being wasted. Near as I can tell cryptocurrency is using exponentially more energy; it’s a grotesque amount of energy and we’ve got to take steps to address it.”

Sam Mowers, Investorideas

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The #AIEye: VSBLTY (CSE: $VSBY.C) Forms Alliance with MGI For Enhanced Security Provision, Baidu (NASDAQ: $BIDU) Apollo Dominates Beijing Autonomous Driving Test

The #AIEye: VSBLTY (CSE: $VSBY.C) Forms Alliance with MGI For Enhanced Security Provision, Baidu (NASDAQ: $BIDU) Apollo Dominates Beijing Autonomous Driving Test

Point Roberts WA , Vancouver BC – April 5, 2019  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

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VSBLTY Forms Alliance with MGI For Enhanced Security Provision, Baidu Apollo Dominates Beijing Autonomous Driving Test and NICE Actimize Wins Fraud Prevention Innovation Award

Stocks discussed: (CSE:VSBY) (NasdaqGS:BIDU) (NasdaqGS:NICE)

VSBLTY Groupe Technologies Corp. (CSE:VSBY) has formed an alliance with security firm Muller Group International (MGI) as a tech partner to enhance security provisions using the former’s facial recognition and weapons detection technology. VSBLTY Co-Founder and CEO Jay Hutton said:

"With more and more so-called soft targets being attacked around the world, heightened security is needed virtually everywhere. In most instances, our face-on cameras provide better facial recognition than overhead CCTV cameras to enable faster, professional security responses to threats. With this partnership with MGI we are advancing the increasingly important ability to provide security where it has never been available before.”

Baidu, Inc. (NasdaqGS:BIDU) has been recognized for its Apollo Autonomous Driving by the Beijing Autonomous Vehicles Road Test Report 2018. The report indicates that of the 56 test license plates issued by the Beijing municipal government, Baidu received 45. An excerpt from the press release indicates the company’s domination in the Road Test Distance category:

The total test distance recorded by vehicles of all eight companies was 95,420.9 miles in 2018 with Baidu alone reaching 86,922.3 miles – 91% of the total distance. After obtaining the first autonomous vehicle testing permit in Beijing in March 2018, Baidu has been gradually expanding its testing fleets and mileage.

NICE Ltd.’s (NasdaqGS:NICE) NICE Actimize’s Integrated Fraud Management platform, IFM-X, has won the the “Fraud Prevention Innovation Award” by FinTech Breakthrough. The IFM-X platform leverages automation and machine learning to optimize effectiveness while reducing the total cost of implementing and operating an enterprise fraud risk management system. Craig Costigan, CEO, NICE Actimize commented:

“NICE Actimize combines more than 20 years of in-depth fraud expertise with the latest in Artificial Intelligence and other advanced technologies. We think our industry-proven experience and range of enterprise fraud applications will help financial services organizations in their journey to adapt to a faster fraud environment, saving both time and money in the process. We thank FinTech Breakthrough for recognizing our innovation during this pivotal time in our industry.”

AI Software Platforms Market to Hit $11.3 Billion by 2023 with 28.1% CAGR

A report from Market Research Future finds that the global market for AI software platforms will grow from $2.75 billion in 2017 to $11.3 billion in 2023, with a compound annual growth rate (CAGR) of 28.1 percent in the forecast period. An excerpt from the report description reads:

The AI Software platforms perform tasks which are done by humans with the use of machines. AI platforms simulate the cognitive function that human minds accomplish. These include learning, problem solving, reasoning, and social intelligence. Expert systems such as Speech recognition, context aware computing, and machine vision are also involved in AI application. The major factors that contribute the market growth is the increase in the investment in research and development of AI technology. The top companies like Microsoft, IBM, Google, and others are investing in R&D as well as in acquisitions of startups and mergers with other firms in this field. The technology is evolving at a great speed and the recent advances in deep neural networks is one more factor for the growth of this market. The increasing deployment of AI in various applications such as forecasts and prescriptive models, chatbots, image and speech recognition, text recognition, face detection and sentiment analysis and many others has created a huge opportunity for this market.

Sam Mowers, Investorideas.com

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The #AIEYE - Going Mobile: #AI Implementation in Smartphones and Apps; (NYSE: $BB) (OTCQB: $GOPH) (TSXV: $ALY.V) (NASDAQ: $INSG)

The #AIEYE - Going Mobile: #AI Implementation in Smartphones and Apps; (NYSE: $BB) (OTCQB: $GOPH) (TSXV: $ALY.V) (NASDAQ: $INSG)

Point Roberts WA, Vancouver BC – April 5, 2019 – Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, looking at artificial intelligence in the mobile market and apps.

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/04051AIEye-BB-GOPH-ALY-INSG.asp

Whether through image recognition, natural language processing (NLP) or digital assistants and chatbots, AI is increasingly becoming ubiquitous in mobile technology. A report from Zion Market Research projects that the global mobile AI market will reach $22.4 billion by 2024. One of the key domains for AI in the mobile market is app development. A story from Becoming Human outlines how app creators leverage AI for an array of jobs:

Developers begin to create AI-enabled systems that can effectively learn from past experience, discover meaning, and exhibit the ability to reason and have already started integrating this technology to perform certain specific tasks such as voice or handwriting recognition, computer search engines and performing medical diagnosis.

An example of the market response to AI adoption in the mobile industry is BlackBerry’s (NYSE:BB) recent stock growth. As the Financial Post indicates, at least part of this growth, and the company’s stronger-than-expected fourth quarter, can be traced to their $1.4 billion acquisition of California-based artificial intelligence and cybersecurity firm Cylance. The deal was closed just a week before the end of the quarter, which saw BlackBerry “exceed[ing] analyst revenue and profit estimates”. Upon the acquisition of Cylance, BlackBerry Executive Chairman and CEO, John Chen said:

"Today BlackBerry took a giant step forward toward our goal of being the world's largest and most trusted AI-cybersecurity company. Securing endpoints and the data that flows between them is absolutely critical in today's hyperconnected world. By adding Cylance's technology to our arsenal of cybersecurity solutions we will help enterprises intelligently connect, protect and build secure endpoints that users can trust."

Gopher Protocol Inc. (OTCQB:GOPH), a developer of IoT and AI enabled mobile technology, recently released a mobile app of its Avant! AI platform for Android and iOS. Connected to the Avant! AI web application, the mobile app is an Artificial General Intelligence (AGI) designed for search and retrieval and is based on modern AI technologies including Deep Neural Network (DNN), vectorization and other advanced methodologies enabling usage for a wide variety of applications. Dr. Danny Rittman, Gopher Protocol’s Chief Technology Officer explained that the app is set to expand its capabilities beyond the initial release:

“In the near future we'll enable more features for the application, including personal training capabilities. This feature will virtually enable users to create their own private, mobile data bank or a personal encyclopedia, with the system learning how to find the best result for each individual user.”

Earlier this year, artificial intelligence company AnalytixInsight Inc.’s (TSXV:ALY) joint venture partner, leading Italian bank Intesa Sanpaolo, committed to a 2.8 million EUR investment in digital transformation over the next three years. Part of this includes a stock-trading app, Intesa Sanpaolo Investo, which was developed by Marketwall, a FinTech provider co-owned by AnalytixInsight. The press release highlights the importance of mobile apps in the digitization of the bank:

“Mobile is at the heart of the Bank's digital ecosystem: the "app constellation" that is centred on Intesa Sanpaolo Mobile, provides access to banking services, financing, savings and is enriched with the new Intesa Sanpaolo Investo app that enables customers to independently invest and monitor their assets.”

Inseego Corp. (NasdaqGS:INSG), a pioneer in 5G and intelligent IoT device-to-cloud solutions, recently added the Skyus 300 and Skyus 500 gigabit edge routers as the latest additions to its Skyus industrial IoT (IIoT) portfolio. According to the press release, both routers are “purpose-built to futureproof and simplify complex deployments while lowering the total cost of connecting critical remote and mobile assets for industrial, public safety, transportation and infrastructure applications.” Ashish Sharma, EVP of IoT & Mobile Solutions at Inseego commented:

“Today’s industrial enterprise applications require more speed and bandwidth than ever before. Our new Skyus 300 and 500 edge routers meet that challenge with the latest Cat 18 LTE technology and allow our customers to operate securely and reliably in challenging industrial environments-with a return on investment unmatched by competing solutions.”

Most mobile phone users are aware of AI implementation in the form of Siri for iOS, and Google Assistant for Android, but the technology is being leveraged in a wide range of uses in the industry. Whether it’s cybersecurity as with BlackBerry’s Cylance, AGI search and retrieval as with Gopher’s Avant! or intelligent IoT application as with Inseego’s Skyus routers, AI seems likely to continue to find new uses in the mobile market.

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Old School Industries Utilizing New School Tech; AI and Resource Industries Connect: (TSXV: $MCLD.V) (OTC: $SBGSY) (TSX: $STLC.TO) (TSXV: $AIIM.V)

Old School Industries Utilizing New School Tech; AI and Resource Industries Connect: (TSXV: $MCLD.V) (OTC: $SBGSY) (TSX: $STLC.TO) (TSXV: $AIIM.V)

Point Roberts, WA and Vancouver, BC - April 5, 2019 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering Artificial Intelligence issues a sector snapshot, looking at how new developments in AI, IoT and the digital tech sector are now being deployed in seemingly "old-school" industries such as oil and gas and mining.

As technology progresses forward at a break-neck pace, older and more established industry sectors such as oil and gas, or mining and manufacturing are beginning to realize that utilizing these new technologies is the only way to embrace the future.  BI Intelligence predicts that global manufacturers will invest $70 Billion on IoT solutions in 2020, up from $29 Billion spent in 2015.

Universal mCloud Corp. (TSX-V: MCLD) (OTCQB: MCLDF), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence and analytics, recently unveiled its plans to connect oil and gas field workers with real-time access to digital work assistance capabilities using the Company’s AssetCare platform delivered via head-worn, hands-free smart glasses.

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/04052AIEye-ResourceIndustries.asp

Originally developed to support field workers and maintainers in mCloud’s Smart Buildings and Wind segments, the Company expects to deliver similar capabilities within its recently announced entry into Oil and Gas through its newly-signed three-year global licensing agreement for AssetCare solutions with Fulcrum Automation Technologies (“Fulcrum”). In the oil and gas industry, mCloud estimates there are over 1.4 million field workers operating over 500,000 assets across North America whose roles would benefit from the enhanced productivity and efficiency that would come with hands-free access to AssetCare in the field.

Delivered on smart glasses, mCloud’s AssetCare platform enables workers in the field to get access to the right information at the right time combining the features of an AI-powered digital assistant with advanced 3D and mixed reality. Real-time digital work instructions enable workers to get guidance and verification as they work through complex procedures, ensuring they get jobs done right the first time. Smart work order management capabilities ensure workers focus on those field assets in most urgent need of attention.

In addition, remote assistance, provided through mCloud’s strategic arrangement with Agnity Global enables workers in the field to virtually collaborate with experts in the corporate back-office through a secure, enterprise-grade video and audio link.

“Our ability to deliver AssetCare on hands-free smart glasses lets us dramatically improve the productivity and efficiency of field workers everywhere,” said Dr. Barry Po, mCloud’s Chief Product Officer. “All across the oil and gas value chain, there are opportunities for us to enhance the way decisions are made in the field.”

Schneider Electric S.E. (OTC: SBGSY), a leader of digital transformation in energy management and automation, has recently announced the launch of Schneider Electric Exchange, the world's first cross-industry open ecosystem dedicated to solving real-world sustainability and efficiency challenges.

"Digitization continues to revolutionize the way we work and behave. The world can no longer work in independent silos; the need for better integration and collaboration has unearthed new opportunities and solutions. Schneider Electric Exchange brings together a diverse ecosystem of digital innovators and experts, enabling the co-creation of solutions and enriching learning and speed through collective intelligence. Together this digital ecosystem creates, collaborates, and scales business growth," says Cyril Perducat, EVP IoT & Digital Offers, Schneider Electric.

Stelco Holdings Inc. (TSX: STLC) (OTC; STZHF), the owners of North America's newest and most technologically advanced integrated steelmaking facilities recently announced signing an agreement with Canvass Analytics Inc., a global leader in AI software for intelligent industrial operations to use Canvass's AI platform to transform its steel operations, improve yield and boost productivity.

Alan Kestenbaum, Executive Chairman of Stelco Inc. commented: "As a company that strives to deliver the market's highest quality products in a cost competitive manner, we are continuously looking at how we can operate better. By partnering with Canvass Analytics, we are systematically transforming our facilities into intelligent operations environments and augmenting a digitally oriented workforce in order to take the efficiency of our operations to the next level. Canvass Analytics quickly demonstrated to us the usefulness of AI in certain areas of our operations and the potential of applying AI across our operations in order to increase our profitability and competitiveness."

In the mining sector, Albert Mining Inc. (TSX-V: AIIM), using Artificial Intelligence (AI) and advanced knowledge-extraction techniques since 2005 announced on March 28^th that its technology will be used on Playfair Mining Ltd.’s RKV property (Tynset, Hedmark County area, 295.96 square kilometres), located in Southern Norway, 350 km North of Oslo. A fee will be paid to Albert for applying its CARDS (Computer Aided Resources Detection Software) system using AI and Datamining on the RKV property.

Albert Mining says its objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining.

AI is changing the future of the resource sector from agriculture to energy and mining but it also impacts almost all sectors as innovation and demand for efficiency become key ingredients for success.  In Canada and the US, the resource sector is a key contributor the economy, so the old must meet the new or face meeting the fate of the dinosaurs.

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Disclaimer/Disclosure:. https://www.investorideas.com/About/Disclaimer.asp , 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, contents 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. Disclosure: More disclaimer info: This article featuring mCloud Corp. is a paid for article on Investorideas.com ( third party)

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#Cannabis Goes Online: E-commerce Presence Continues to Grow in Canada (TSX-V: $WL.V) (TSXV: $FAF.V) (TSXV: $OGI.V) (TSX-V: $VIVO.V)

#Cannabis Goes Online: E-commerce Presence Continues to Grow in Canada (TSX-V: $WL.V) (TSXV: $FAF.V) (TSXV: $OGI.V) (TSX-V: $VIVO.V)

Point Roberts, WA and Delta, BC - April 5, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks concludes our two part series looking at the Canadian cannabis landscape and the numerous companies ensuring not only a brick and mortar footprint, but also creating a significant online e-commerce presence as well.

With the many supply shortages the Canadian cannabis market has faced since legalization last year, having the store's menus and the capability of reserving products online for pickup just might be the way for Canadian cannabis consumers to beat the low inventory situation. Grab, a new legal cannabis app based in Canada, is set to launch in the Alberta and Ontario markets this April. The developers of the app performed extensive research which showed that many Canadians want the convenience of shopping Canada's best cannabis stores from the comfort of their own homes. They also noted that 90% of the cannabis consumers surveyed would like to have the option to reserve their favorite products for in-store pickup using a mobile app.

Apps like this can be expected to pop up more frequently as the Canadian cannabis market expands and many retail companies are paying close attention to this and are ensuring a proper online presence to compliment their retail footprint.

Westleaf Inc. (TSX-V: WL)  (OTCQB: WSLFF), set to become one of Canada’s largest premium cannabis retailers, recently announced that it has launched its e-commerce site for sales across the entire province of Saskatchewan. The retail site at www.prairierecords.ca provides consumers in the province, convenient online access to a wide variety of products through the unique Prairie Records retail concept, which combines music and cannabis in an engaging online experience.

Read this in full at https://www.investorideas.com/news/2019/cannabis/04051Stocks-Canada.asp

"The launch of online retail is an important next step in rolling out the Prairie Records brand across Saskatchewan and the rest of Western Canada over the coming months," said Scott Hurd, President and CEO of Westleaf. "The province of Saskatchewan has proven to be a positive regulatory environment to launch our retail operations and we are pleased it is the first jurisdiction with a Prairie Records online presence."

"By extending the Prairie Records brand across Saskatchewan, we will continue to build awareness around the unique retail experience both in-store and online, which we believe will help build a strong customer base," said Adam Coates, Chief Commercial Officer at Westleaf.

Fire & Flower Holdings Corp. (TSXV: FAF) (OTC:FFLWF), recently announced the successful first month operation of its cannabis Click & Collect service.

The Click & Collect service allows age-verified adult-use cannabis consumers to reserve cannabis and accessory products for pickup at stores across the provinces of Alberta and Saskatchewan. The service was launched as part of the Company's mission to curate the world of cannabis for its customers who seek a more convenient and informative buying experience. Certain cannabis products sell out rapidly, and the Click & Collect service ensures customers are able to reserve high-demand products and receive priority service when visiting a store.

"The Click & Collect service has been adopted very favourably, particularly by our loyal customers using mobile devices," shared Trevor Fencott, Fire & Flower's Chief Executive Officer. "We are seeing rapid and continuous growth in use of our Click & Collect service across the entire Fire & Flower retail network."

Organigram Holdings Inc. (TSXV: OGI) (OTC: OGRMF), the parent company of Organigram Inc., a leading licensed producer of cannabis is also taking full advantage of online capabilities, having announced the release of a cross-platform, patient-focused mobile application.

The Application is designed to offer patients greater convenience in optimizing their medication regimen and stay up-to-date on products, programs and company news. Through this new Application, registered patients are able to: order medical cannabis products and accessories, manage their patient profile, view past orders and order limits, read the latest Organigram news and press releases and communicate with Client Care representatives.

"When it comes to managing their medication, patients have indicated to us that convenience and ease are important to them. This new tool gives patients greater ease of control over their wellness plans," says Organigram CEO, Greg Engel.

VIVO Cannabis Inc. (TSX-V: VIVO) (OTCQX: VVCIF), through its wholly-owned subsidiary, Canna Farms Limited, has also announced the launch of their own online resource with Canna Farms' integrated online medical cannabis website.

"Canna Farms' integrated online store will cater to discerning medical cannabis consumers," said Daniel Laflamme, President of Canna Farms. "In addition to offering award-winning Canna Farms and Beacon Medical brands, the site will serve as a marketplace for products from other licensed producers who share VIVO's commitment to delivering premium products and services focused on health and wellness."

The fact that so many cannabis sales companies are combining brick and mortar and online “grab and go” options falls in line with current global retail trends. Gone are the days of “just online” or “just retail” sales and we see this strongly evidenced with large scale companies like Walmart and Amazon, the online retailer who has now begun opening brick and mortar stores. As Canada readies itself for 420, companies merging the digital and physical sides of their business will certainly stand a higher chance of success at capturing sales.

Read part one of the series:

https://www.investorideas.com/news/2019/cannabis/04031Stocks-Canada.asp

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