#CryptoCorner Episode 456: Ebang International Holdings (NasdaqGS: $EBON) Establishes Subsidiary in Canada and Reports H1 2020 Financials, BIGG Digital Assets Inc. (CSE: $BIGG.C) Signs Contract with US Agency for QLUE Solution, and The Bahamas’ Central Bank Announces CBDC Rollout Date

#CryptoCorner Episode 456: Ebang International Holdings (NasdaqGS: $EBON) Establishes Subsidiary in Canada and Reports H1 2020 Financials, BIGG Digital Assets Inc. (CSE: $BIGG.C) Signs Contract with US Agency for QLUE Solution, and The Bahamas’ Central Bank Announces CBDC Rollout Date

 

Point Roberts, WA, Delta BC September 28, 2020 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2020/092820-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/09281EBON-BIGG.asp

 

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Stocks discussed: (NasdaqGS:EBON) (CSE:BIGG)

 

Crypto mining machine manufacturer Ebang International Holdings Inc. (NasdaqGS:EBON) has established a wholly-owned subsidiary in Canada to improve its industrial chain layout and upgrade its digital asset financial service platform. Ebang’s Chairman and CEO, Dong Hu, said:

 

“Following our Singapore subsidiary, we are pleased to announce that the Company has established its presence in Canada. This move is in line with the Company’s growth strategy to capture the growth opportunity along the value chain of the blockchain industry and establish a digital asset financial service platform. Our new Canadian subsidiary lays a solid foundation for the Company to enter into North America, a market that represents high recognition of digital currency and robust investment opportunity in digital currency trading platforms.”

 

This follows Ebang’s recent reporting of its unaudited financial results from the first half of fiscal 2020, which revealed a decline in the company’s revenues. For instance, the company’s total computing power sold saw a year-over-year decrease of 86.02 percent, and a 50.6 percent decrease in total net revenues for the first six months of the year. Hu explained, saying:

 

“The outbreak of the COVID-19 has significantly affected business and manufacturing activities worldwide. Measures to contain COVID-19, such as travel restrictions, mandatory quarantines and suspension of business activities have caused severe disruptions and uncertainties to our business operations and adversely affected our results of operations and financial condition. Our chip suppliers have reduced their production capacity due to the impact of the COVID-19, resulting in our shortage of raw materials during the first six months of 2020. Faced with the turbulent social and industrial environment, we have taken timely and proactive measures to ensure the resilience of our business operations and allow us to deliver solid performance after the market condition resumes normal. In light of this, our management has been actively optimizing our revenue structure based on the productivity ratio and strategically exploring expansion into blockchain-enabled financial services.”

 

Blockchain Intelligence Group (BIG), a subsidiary of BIGG Digital Assets Inc. (CSE:BIGG) has signed a 1-year contract with a U.S. Federal Government agency worth CAD $320,000 to deliver QLUE licenses. QLUE (Qualitative Law Enforcement Unified Edge) is a solution built for law enforcement, the financial sector, and regulators to track, trace and monitor illicit cryptocurrency activities. BIG President Lance Morginn said:

 

“QLUE^TM continues to impress prospects and customers alike who are seeking blockchain forensic and graphing tools. This contract further extends BIGs relationship and vendor status with the US government, and once again proves QLUE^TM is an industry leading service.”

 

The Central Bank of the Bahamas has announced that the Sand Dollar, its central bank digital currency (CBDC), will gradually be released nationally beginning on October 20. The first phase of this rollout will focus on private sector readiness, whereas the second phase, planned for the first and second quarters of 2021, will deal with government services and public utilities.

 

Sam Mowers, Investorideas

 

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About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , 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 , Exploring Mining  the AI Eye .

 

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#Solar #Stock News: SinglePoint (OTCQB: $SING) Subsidiary Estimates Nearly 20% Increase in Revenue and Almost 60% Gross Margins, Up Significantly From Q2 2020; @_Singlepoint_

#Solar #Stock News: SinglePoint (OTCQB: $SING) Subsidiary Estimates Nearly 20% Increase in Revenue and Almost 60% Gross Margins, Up Significantly From Q2 2020; @_Singlepoint_

 

PHOENIX - September 28, 2020 (Investorideas.com Newswire) SinglePoint, Inc. (OTCQB: SING) is pleased to announce Direct Solar America estimates revenue numbers increasing nearly 20% prior to the end of Q3 and achieving nearly 60% gross margins throughout the quarter, a phenomenal feat in the current business climate.

 

Read this news, featuring SING in full at https://www.investorideas.com/CO/SING/news/2020/09281Subsidiary-Increase-Revenue.asp

 

SinglePoint Inc. (OTC: SING) is a fully reporting company with core holdings in Solar Energy Services and Industrial Hemp based Consumer Products.

"Direct Solar America did a great job meeting the demands placed on business during this ongoing pandemic. The team has made the necessary adjustments and kept the business growing to new highs. While some projects have been delayed many are coming back online such as the previously announced commercial projects. We expect the remaining documentation to complete the process very soon. As an additional benefit any business or nonprofit that decides to move forward with a PPA and put solar on their building will have no solar payment for 1 year," states Wil Ralston, President, SinglePoint.

 

See the latest video interview here - https://youtu.be/Wbr2P7Q4Dk0

About SinglePoint, Inc.

SinglePoint Inc. (OTC: SING) is a fully reporting company with core holdings in Solar Energy Services and Industrial Hemp based Consumer Products. Learn more at www.singlepoint.com

 

Connect on social media at:

https://twitter.com/_Singlepoint_

https://www.linkedin.com/company/singlepoint

https://www.youtube.com/user/SinglePointMobile

For more information visit: www.SinglePoint.com

 

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

 

Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

 

Corporate Communication
SinglePoint
888-682-7464
investors@singlepoint.com 
www.SinglePoint.com

 

SOURCE SinglePoint Inc.

 

SinglePoint (SING) is a featured stock on Investorideas.com

 

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#Telemedicine / #Telehealth #Stocks - (OTCPINK: $GTCH) (NYSE: $TDOC) (NYSE: $HUM) (TSXV: $DOC.V) (NasdaqGS: $LVGO) show how #COVID19 and future #pandemics are fuelling the need for Telemedicine; @GbtTechnologies @TeladocHealth @Humana @Livongo @CloudMD_SS

#Telemedicine / #Telehealth #Stocks - (OTCPINK: $GTCH) (NYSE: $TDOC) (NYSE: $HUM) (TSXV: $DOC.V) (NasdaqGS: $LVGO) show how #COVID19 and future #pandemics are fuelling the need for Telemedicine; @GbtTechnologies @TeladocHealth @Humana @Livongo @CloudMD_SS

 

Point Roberts WA, Delta BC, September 28, 2020 Investorideas.com, a global news source and leading retail investor and trader resource issues a sector snapshot looking at the growing telemedicine market and participating public companies rising to meet the needs of innovation in healthcare, including GBT Technologies Inc. (OTCPINK:GTCH). 

 

Read this news, featuring GTCH in full at https://www.investorideas.com/news/2020/biotech/09281Telehealth-Stocks.asp

 

Telemedicine – the practice of providing or distributing healthcare-related services and information remotely, through digital and telecommunications technology means – is one of the fortunate industries to have risen in significance during the COVID-19 pandemic. The reasons for this are perhaps not difficult to guess. The prominence of social distancing guidelines and more particularly, the widespread policy (or advocacy for) quarantining has made traditional visits to clinics and hospitals more difficult. And in the months since the COVID-19 outbreak, this has been exacerbated at times by the delaying and postponing of non-emergent care. Naturally, this has led to the benefits of telemedicine, such as the ability to long-distant diagnose, inform, and monitor patients, making it even more relevant during this pandemic.

 

This is not to give the impression however, that telemedicine would not have become a consequential market regardless of a crisis like COVID-19. According to a report published before COVID-19, from Fortune Business Insights, the global market for telemedicine was valued at USD $34.28 billion in 2018, and is projected to reach USD $185.66 billion by 2026, making for a compound annual growth rate (CAGR) of 23.5 percent in the forecast period (2019-2026). But similar to other markets, like digital retail, telemedicine was already gaining traction and was well-positioned to meet the increasing demand brought on by the virus.

 

Like many emerging industries, the telemedicine space is seeing the surfacing of a panoply of different solutions. This is exemplified by qTerm, an AI-powered human vitals device from GBT Technologies Inc. (OTCPINK:GTCH) and its Joint Venture GBT Tokenize Corp. According to a recent press release, the qTerm device “is targeted to measure body temperature, blood pressure, and heart rate – all with a simple touch of the finger.” The device is deliberately small, able to be “be easily attached to a smart phone,” and coupled with an app, stores “a history for the user's records and provide numerical and statistical data about the user's body temperature.” This is enhanced further, as the devices AI anonymously and securely collects the user data, constructing a global ‘thermal map’ to alert about potential health risks proximities.

 

"This is the key highlight of the device," said Danny Rittman, CTO of GBT Technologies Inc. in a recent interview about qTerm. “Every person is going to be put on the world map for the benefit of the community."

 

 

In a recent interview with Capital Market Laboratories (CMLviz), Livongo Health, Inc. (NasdaqGS:LVGO) CEO, Zane M. Burke affirmed this, saying: “before the COVID, we had a ton of momentum.” But Burke also explained that, with the pandemic, people caught on to the advantages in the technology:

 

“…what occurred here is really everybody recognized first, the value of tele-health.”

 

He continued:

 

“The second part of this is remote patient monitoring became really meaningful, both from a regulatory and reimbursement perspective, as well as sort of people waking up to hey, the future of healthcare is going to be consumer directed virtual care.”

 

More recently, Livongo and telemedicine giant Teladoc Health, Inc. (NYSE:TDOC) filed a definitive proxy statement and prospectus with the US Securities and Exchange Commission (SEC) with regard to a proposed merger of the two firms. According to the press release, the two companies plan to “provide a consumer centered virtual care platform for the full spectrum of health needs, creating a new standard in global healthcare delivery, access and an improved consumer experience.”

 

Another approach is that of healthcare and well-being firm Humana Inc. (NYSE:HUM) which recently announced an expanded relationship with tech-enabled health services company, Seniorlink, Inc. The collaboration will see Humana leverage Seniorlink’s digital care collaboration platform Vela, to support its vulnerable, high risk members by “increasing the overall engagement and reducing barriers to contact between members and care managers.” Tom Riley, President and CEO of Seniorlink, said:

 

"The COVID-19 crisis has prompted the healthcare industry to re-imagine care delivery for our country's most vulnerable. By leveraging Vela, more of Humana's high-risk members will have access to their integrated care team in one platform. This is particularly advantageous at a time when many members want to access care from home."

 

In addition to the various approaches employed to contend with COVID-19, the space has seen individual firms enjoy massive growth in the wake of the pandemic. Software-as-a-service (SaaS) based health technology solutions provider CloudMD Software & Services Inc. (TSXV:DOC) recently reported a year-over-year total revenue increase from Q2 2019 to Q2 2020. Notably, the company saw “gross margins of 42% due to higher margin verticals and increase in telehealth usage,” according to the press release. The company’s CEO, Essam Hamza, in discussing his own firm’s success amidst the pandemic, provided a microcosm of the wider market:

 

“We are currently in the worst public health crisis of our lifetime and as a front line physician for over 20 years I acutely understand the toll it is taking on our healthcare system and the importance of access to quality health care. Our CloudMD platform is well equipped to increase access through the availability of our seamless virtual care solutions that allow patients to access quality health care from anywhere.”

 

Telemedicine’s utility extends beyond the current pandemic, as demonstrated by the pre-COVID projections in the aforementioned research published by Fortune Business Insights. In fact, an article published by the International Journal of Health Policy and Management (IJHPM), titled: Climate Change and Telemedicine: A Prospective View, argues that it can be beneficial in the context of climate crisis as well. This is not only manifested in its application in treating climate change’s many effects on public health as outlined by the CDC, but the IJHPM article points out the reduction of unnecessary travel and its resulting emissions that adopting telemedicine would achieve. An excerpt reads:

 

In another study, conducted in Canada, a wide range of healthcare services were provided in the form of teleconsultation and as a result road trips were reduced by 757 234 km, and transport vehicle carbon dioxide emissions were reduced by 185 tons.

 

Similar to the transformation in the retail sector toward digital technology, the long-distance interactions that telemedicine facilitates already showed tremendous promise, but the COVID-19 pandemic has accelerated its growth and seems to have assured its endurance.

 

For a list of telemedicine stocks visit here.

 

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About Investorideas.com - News that Inspires Big Investing Ideas 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.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. 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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions. Disclosure: GTCH is a paid monthly featured company for news and social media on Investorideas.com  More disclaimer info: https://www.investorideas.com/About/Disclaimer.aspLearn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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#AIEye Episode 440: Amazon (NasdaqGS: $AMZN) Debuts New Echo Lineup and Perspecta Labs (NYSE: $PRSP) to Research #AI and #ML Security Solutions

#AIEye Episode 440: Amazon (NasdaqGS: $AMZN) Debuts New Echo Lineup and Perspecta Labs (NYSE: $PRSP) to Research #AI and #ML Security Solutions

 

Global Augmented Intelligence Market to Reach $74.619 Billion by 2027

 

Point Roberts WA, Vancouver BC – September 25, 2020  – 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.

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2020/092520-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2020/artificial-intelligence/09251AIEye-AMZN-PRSP.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (NasdaqGS:AMZN) (NYSE:PRSP)

 

Amazon (NasdaqGS:AMZN) has introduced its new lineup of Echo devices, boasting “new designs, enhanced audio, [and] more powerful hardware,” and is “powered by Amazon’s first-generation AZ1 Neural Edge processor—an all-new silicon module that’s purpose-built for accelerating machine learning applications.” Tom Taylor, Senior Vice President, Amazon Alexa, commented:

 

"These are the best Echo devices we have ever made. Echo and Echo Dot look beautiful and sound even better, and Echo Show 10 completely reimagines Alexa with a screen—the display moves with you, staying in view as you move around. It’s as natural as having a conversation. Plus, Alexa continues to get smarter—just ask to watch Netflix, make group calls, join video meetings on Zoom, upgrade your smart home with Alexa Guard and Amazon Sidewalk, and much more."

 

Perspecta Labs, the innovative applied research arm of Perspecta Inc. (NYSE:PRSP), has “received an award from the Intelligence Advanced Research Projects Activity (IARPA) to provide research on the Trojans in Artificial Intelligence (TrojAI) program.” The TrojAI program aims to find and prevent adversarial Trojan attacks and security risks. Petros Mouchtaris, president and general manager, Perspecta Labs, explained:

 

"At Perspecta Labs, we welcome the opportunity to support IARPA on research to defend critical AI systems against malicious interference. We look forward to applying our leading expertise in adversarial ML combined with our vast experience in cybersecurity to develop new solutions that can automatically identify compromised AI systems in support of this critical work."

 

Global Augmented Intelligence Market to Reach $74.619 Billion by 2027

 

A report published by Research and Markets finds that the global Augmented Intelligence market will grow from $7.084 billion in 2019 to $74.619 billion by 2027 with a compound annual growth rate (CAGR) of 35.4 percent in the forecast period 2020-2027. An excerpt from the report’s description outlines trends in the North American region of the market:

 

Technological advances have resulted in a highly competitive market in the region. Growing populations with increase in spending power are attracting many technological developments. The consumer electronics sector has flourished in the region. There is a relatively high density of consumer electronic devices, such as smartphones, in the region. This is likely to contribute to the growth of the North America augmented intelligence market.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

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About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , 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 , Exploring Mining  the AI Eye .

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. 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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com  Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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