Thursday, November 08, 2018

Investorideas.com - Crypto Corner: Korean Bar Association Petitions State for Legal Framework, South Korea Pledges to Triple #Blockchain Budget, Thai PM Calls for More Regulation of #Crypto

Investorideas.com - Crypto Corner: Korean Bar Association Petitions State for Legal Framework, South Korea Pledges to Triple #Blockchain Budget, Thai PM Calls for More Regulation of #Crypto



Crypto Corner: Korean Bar Association Petitions State for Legal Framework, South Korea Pledges to Triple #Blockchain Budget, Thai PM Calls for More Regulation of #Crypto

November 8th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch


Point Roberts, WA and Delta, BC - November 8, 2018 (Investorideas.com Newswire) 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.
Listen to today's Crypto Corner Podcast:

Crypto Corner: Korean Bar Association Petitions State for Legal Framework, South Korea Pledges to Triple #Blockchain Budget, Thai PM Calls for More Regulation of #Crypto

Subscribe to Podcast RSS feed:

Market Sees Red, Korean Bar Association Petitions State for Legal Framework, South Korea Pledges to Triple Blockchain Budget, Thai PM Calls for More Regulation of Crypto and Nine Leading Shipping Operators Launch Blockchain Network

The brief crypto bull-run we've seen this week may be over, as most of the top 100 coins listed by market cap are in the red today, according to CoinMarketCap. Total market capitalization is down $5 billion USD from yesterday, sitting at $214 billion USD at press time. However, with total market cap still being $10 billion higher than this time last week, it is perhaps too early to say definitively whether the market has lost momentum.
Reuters reports that South Korean lawyers publicly lobbied the government today to establish a legal framework for the cryptocurrency space. The Korean Bar Association rarely campaigns for the interests of particular tech or business groups, but Bar President Kim Hyun pushed for quick action in the space at a news conference held at parliament.
"We urge the government to break away from negative perceptions and hesitation, and draw up bills to help develop the blockchain industry and prevent side effects involving cryptocurrencies."
Korea Economic Daily reports that the country's government intends to triple the budget allocated to blockchain technology. The state will invest 40 billion won ($35.7 million USD) into distributed ledger technology and blockchain development. This did not please everyone, however, as Professor Han Ho-hyun of Kyunghee University felt the government could spend even more on the technology.
"I admit that it is difficult to secure 40 billion won by tripling next year, but [we] have to spend more [on our] budget. The size of other countries' [budget] is tens of trillion. We can invest more than 100 trillion won in three years."
Over in Thailand, Prime Minister Wissanu Krea-ngam is calling for more control over cryptocurrency, according to the Bangkok Post. At the Counter Terrorism Financing Summit yesterday, Krea-ngam stressed the risk of terrorism, money-laundering and the anonymity provided by cryptocurrencies, making it difficult for authorities to track them.
"The negative impact of digital currencies has been discussed for some time, with several legal measures implemented to prevent their misuse. However, more efforts – both domestically and internationally – are needed to keep up with changing times and tactics."
The Maritime Executive reports that nine ocean carriers and terminal operators have signed a memorandum of understanding to develop the Global Shipping Business Network (GSBN), which is an "open digital platform" based on the blockchain. According to the report, the first planned application, which will be available in December 2018, will "allow shippers to digitize and organize their dangerous goods documents and automatically connect with relevant parties to streamline the approval process".
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
Get the Crypto Corner News by email Get Crypto Corner News
Crypto Corner Sponsors:
Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD) Subsidiary Fit Pay Flip<sup>TM</sup>
Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (<NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations. https://www.fliptopay.com/


Investorideas.com - GBT Genesis Blockchain Technologies
Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io

More info on the sector:
Investor Ideas is positioning as a leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
Talk about the sector with other companies and investors- Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073
About Investorideas.com - News that Inspires Big Investing Ideas https://www.investorideas.com/
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT, mining, sports biotech, water, renewable energy and more. Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: this newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/
Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.
Copyright and ownership: Crypto Corner is an Investorideas.com content brand
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Learn more about our news, PR and social media services at Investorideas.com
Follow us on Twitter https://twitter.com/Investorideas
Contact Investorideas.com
800-665-0411
Posted by at No comments:

Investorideas.com - The AI Eye: Intel (NasdaqGS: $INTC) Drafts Model Legislation to Start Personal Data Privacy Discussion, Ancestry Adopts IBM Cloud and Seagate (NasdaqGS: $STX) Works with IBM (NYSE: $IBM) to Tackle Global Hard Drive Counterfeiting

Investorideas.com - The AI Eye: Intel (NasdaqGS: $INTC) Drafts Model Legislation to Start Personal Data Privacy Discussion, Ancestry Adopts IBM Cloud and Seagate (NasdaqGS: $STX) Works with IBM (NYSE: $IBM) to Tackle Global Hard Drive Counterfeiting



The AI Eye: Intel (NasdaqGS: $INTC) Drafts Model Legislation to Start Personal Data Privacy Discussion, Ancestry Adopts IBM Cloud and Seagate (NasdaqGS: $STX) Works with IBM (NYSE: $IBM) to Tackle Global Hard Drive Counterfeiting

AI and Robotics Company Kebotix Finishes $5 Million Seed Round Led by One Way Ventures (NasdaqGS: $BIDU)


Point Roberts, WA and Vancouver, BC - November 8, 2018 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) , in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
Listen to today's podcast:

The AI Eye: Intel (NasdaqGS: $INTC) Drafts Model Legislation to Start Personal Data Privacy Discussion, Ancestry Adopts IBM Cloud

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

AI and Robotics Company Kebotix Finishes $5 Million Seed Round Led by One Way Ventures

Stocks discussed: (NasdaqGS:BIDU)

Kebotix, a company "developing the world's first self-driving lab for materials discovery powered by AI and robotics", and founded by Harvard researchers, finished a $5 million seed round led by One Way Ventures. Other investors include Baidu Ventures, with backing from Baidu, Inc. (NasdaqGS:BIDU), Flybridge Capital Ventures, Embark Ventures, Propagator Ventures and WorldQuant Ventures. Kebotix CEO Dr. Jill S. Becker commented:
"We are building the materials company of the 21st century because how scientists discover new materials has not evolved since the 18th century. Being stuck in the 18th century significantly adds to the challenge of tackling climate change, antibiotic-resistant bacteria, water pollution and other urgent problems facing the world today."

Intel Drafts Model Legislation to Start Personal Data Privacy Discussion, Ancestry Adopts IBM Cloud and Seagate Works with IBM to Tackle Global Hard Drive Counterfeiting

Stocks discussed: (NasdaqGS:INTC) (NYSE:IBM) (NasdaqGS:STX)

Intel Corp. (NasdaqGS:INTC) has drafted model legislation for lawmakers to encourage discussion of personal data privacy. The bill was influenced by the rise of new technologies like AI, which poses potential risks to privacy. David Hoffman, Intel's associate general counsel and global privacy officer explained the legislation:
"The collection of personal information is a growing concern. The US needs a privacy law that both protects consumer privacy and creates a framework in which important new industries can prosper. Our model bill is designed to spur discussion that helps inspire meaningful privacy legislation."
IBM (NYSE:IBM) has announced that consumer DNA network, Ancestry LLC, has has selected IBM Planning Analytics as-a-Service on the IBM Cloud for its business planning and forecasting processes. IBM worked with Ancestry to to create a high-speed analytics and forecasting solution on the IBM Cloud. Greg Adams, Vice President of IBM Business Analytics commented:
"Great companies like Ancestry understand the value that comes from leveraging advanced technologies like analytics through the cloud to improve things like performance, scale and efficiency. As these companies grow and scale, Planning Analytics on the IBM Cloud can help them continue to not only manage but extract valuable insights from their growing business."
Seagate Technology (NasdaqGS:STX) is also working with IBM. The two companies are collaborating to reduce global hard drive counterfeiting using blockchain technology. From the press release:
To verify product authenticity, Seagate will update the IBM Blockchain Platform on the IBM Cloud with product authentication data based on the Seagate Secure™ Electronic ID (eID) at the point of manufacture. Each unique identifier (serving as an electronic fingerprint) can be used to verify the identity of a hard drive at any time during its product life cycle. Seagate's Certified Erase employs cryptographic erasure technology to produce a digital certificate of data purge, which is electronically signed by the device under the Seagate Secure public key infrastructure (PKI) and stored on the blockchain for compliance management with emerging global data privacy laws.
Sam Mowers, Investorideas.com
For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
Gopher Protocol's (OTCQB: GOPH) Avant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.
AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
About Investorideas.com - News that Inspires Big Investing Ideas https://www.investorideas.com/
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
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 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: Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com - More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.
Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com
Contact Investorideas.com
800 665 0411
Posted by at No comments:

Investorideas.com - #Cannabis Industry Gets Boost and Stocks Rise after 2018 Midterm Results and Jeff Sessions Resignation: DirectView Holdings (OTC: $DIRV), Cronos Group ( $CRON), Tilray ( $TLRY), Canopy Growth (TSX: $WEED.TO), (NYSE: $CGC)

Investorideas.com - #Cannabis Industry Gets Boost and Stocks Rise after 2018 Midterm Results and Jeff Sessions Resignation: DirectView Holdings (OTC: $DIRV), Cronos Group ( $CRON), Tilray ( $TLRY), Canopy Growth (TSX: $WEED.TO), (NYSE: $CGC)



#Cannabis Industry Gets Boost and Stocks Rise after 2018 Midterm Results and Jeff Sessions Resignation: DirectView Holdings (OTC: $DIRV), Cronos Group ( $CRON), Tilray ( $TLRY), Canopy Growth (TSX: $WEED.TO), (NYSE: $CGC)


Point Roberts, WA and Delta, BC - November 8, 2018 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering security and cannabis stocks releases a snapshot looking at the growing global opportunity for the cannabis market as new States vote on legalization in the U.S. midterms.
Voters in Missouri approved Amendment 2 on Tuesday, making it the 31st state in the nation to adopt an effective medical marijuana law. The measure was leading 64-36 with 49 percent of precincts reporting when The New York Times called the election.
Effective medical marijuana laws have now been adopted in 31 states, including Missouri, as well as in D.C. and the U.S. territories of Guam, Puerto Rico and the Northern Mariana Islands. Eighteen other states have adopted medical marijuana laws that are ineffective because they are either unworkable or exceptionally restrictive. Idaho is the only state without any form of medical marijuana law.
Excited about the momentum, DirectView Holdings, Inc. (OTC:DIRV), a company focused on ownership and management of leading video and security technology companies, today announced that the Company's CEO, Roger Ralston and CFO, Chris Cutchens, will be attending the 2018 MJ Business Convention in Las Vegas, Nevada.
"The conference, held November 13th to 16th at The Las Vegas Convention Center, is the largest cannabis business conference in the world. MJBizCon is the preeminent conference to drive business deals and forge valuable connections with cannabis professionals in business today. The conference is estimated to house 20,000+ cannabis professionals and 1,000+ exhibitors for the preeminent event for industry professionals."
"DirectView management will attend the conference to meet with Cannabis industry professionals, showcase its state-of-the-art cannabis security and surveillance solutions and discuss the various regulations and mandatory security compliance requirements associated with the quickly evolving industry."
"DirectView recognizes a major opportunity for custom-tailored security, surveillance, access control and safety solutions that meet the regulatory and compliance requirements of the booming cannabis industry. According to the research report " Video Surveillance Market by System (Analog, & IP), Offering (Hardware, Software, & Service), Vertical (Commercial, Infrastructure, Military & Defense, Residential, Public Facility, & Industrial), and Geography - Global Forecast to 2023", the overall market is estimated to grow from USD 36.89 Billion in 2018 to USD 68.34 Billion by 2023, at a CAGR of 13.1% between 2018 and 2023. The increasing concerns for public safety and security, growing adoption of IP cameras, and growing demand for DIY and spy cameras are the key factors driving the video surveillance market growth."
Roger Ralston, President and CEO of DirectView said, "The cannabis industry is quickly taking off here, especially today after the midterm elections and the resignation of Attorney General Jeff Sessions. One of the major concerns in the Cannabis industry is Security. DirectView launched its initiative to provide and install custom-tailored security solutions for the cannabis industry. It goes without saying then, that DirectView's attendance at this conference is only natural. We are looking forward to meeting with and networking with industry professionals and educating them on DirectView security and surveillance solutions and the various compliance and regulations associated with the industry."
Paul Rosen, currently the CEO and Chairman of Tidal Royalty, a company that invests in U.S.-based cannabis companies, as well as an original co-founder of the Cronos Group (TSX: CRON), (NASDAQ:CRON) was quoted  as saying, "I believe that Michigan legalizing adult use will one day be viewed as the tipping point towards full legalization at a national level. Aside from the fact that it is the 10th state to legalize adult use - and one of the most populous states in the nation - it is the first Midwest state to do so."
CBS News MoneyWatch took note of these big developments in the cannabis sector and the reaction from investors reporting, "Canadian pot company Tilray (NASDAQ:TLRY) rose 30 percent on news that U.S. Attorney Jeff Sessions would step down."
The article went on to say how not only were the companies "lifted by midterm ballot measure victories, but Tilray and other cannabis companies rose further on word Sessions had resigned. The nation's top law enforcer last January said he would work to revoke policy from the Obama administration that let states make their own rules on weed without hindrance from the federal government."
Continued: "Canopy Growth (TSX: WEED), (NYSE: CGC) and Aurora Cannabis, two other publicly traded Canadian pot companies, both rallied more than 8 percent.
Stocks in the sector were higher in after- hours trading as well on Wednesday.
As cannabis stocks continue to rise on the news of more and more favorable legislation, investors will be watching and waiting for the next big development; perhaps the passing of the 2018 U.S. Farm Bill under a new Democrat House.
Reuters reported, "Collin Peterson, ranking member and presumptive new chair of committee, said passing the crucial agricultural legislation was going to be his top priority, with a deal possible as soon as next week during the lame-duck session."
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
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.
Follow us on Cannabis Social Media
This news is published on the Investorideas.com Newswire - News that Inspires big ideas 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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this news article featuring DIRV is a paid for news release on Investorideas.com - third party, Learn more about costs and our services https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.
Contact Investorideas.com
800-665-0411
Posted by at No comments:

Investorideas.com - The Future of #Beverages in the #Cannabis Sector: Sproutly (CSE: $SPR.C) (OTCQB: $SRUTF), Hexo (TSX: $HEXO.TO, OTC: $HYYDF), The Green Organic Dutchman (TSX: $TGOD.TO), (OTC: $TGODF)

Investorideas.com - The Future of #Beverages in the #Cannabis Sector: Sproutly (CSE: $SPR.C) (OTCQB: $SRUTF), Hexo (TSX: $HEXO.TO, OTC: $HYYDF), The Green Organic Dutchman (TSX: $TGOD.TO), (OTC: $TGODF)



The Future of #Beverages in the #Cannabis Sector: Sproutly (CSE: $SPR.C) (OTCQB: $SRUTF), Hexo (TSX: $HEXO.TO, OTC: $HYYDF), The Green Organic Dutchman (TSX: $TGOD.TO), (OTC: $TGODF)


Point Roberts, WA - November 8, 2018 (Investorideas.com Newswire) Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks releases a sector snapshot with a focus on the growing interest in cannabis infused beverages and water soluble cannabis solutions.
Cannabis may have been federally legalized for recreational use in Canada this fall but many cannabis companies are looking a year into the future at the next big step in the market; October 17th of 2019 when edibles, oils and infused beverage products can join the Canadian recreational market.
How big is the opportunity? A recent Business Insider news article reported, "The marijuana-infused beverages could become a $600 million market in the US in the next four years. Canaccord estimates CBD beverages will become a $260 million market by 2022, and THC-infused beverages a $340 million market."
Sproutly Canada, Inc. (CSE: SPR), (OTC: SRUTF) is looking to capitalize on this opportunity, announcing today that it has completed the development and formulation of an initial portfolio of functional beverages with its proprietary naturally water soluble cannabinoids ("Infuz2O").
From the news: "The beverages combine recently licensed rights for the proprietary water soluble mineral platform ("MiST Platform") with Infuz20. The initial portfolio consists of three separate cannabis / hemp infused beverages that provide the following functions: a) Focused Energy; b) Stress relief and Relaxation; and, c) Restful sleep support."
"The Company is currently in the midst of medicinal and adult-use brand development, including its functional beverage line. The initial beverages will be ready for consumers if and when Health Canada allows consumer beverage products to be legal for sale."
From the news: "The focus of the Company has been to develop beverages that will distinguish our functional beverages from cannabis/ hemp beverages developed by our competitors. Our competitive advantage is to leverage the suite of proprietary water soluble technologies we have acquired, and create a line of consumer products that taste great and have a functional purpose", said Keith Dolo, Chief Executive Officer. "Our beverages not only cater to the emerging cannabis market but also to the large, functional beverage market that exists today", he added.
Sproutly went on to say, "The functional beverage category is increasingly becoming the popular choice among consumers who are seeking low-calorie, nutrient-dense options as a healthy alternative to traditional beverages. The global functional beverage market is expected to grow at a CAGR of 6.1% to US$93.68 billion by 2019, according to a new study by Grand View Research, Inc. Cannabis in its own right has a long history of being used as a way for users to address wellness and lifestyle needs. Sproutly's functional beverage formulations address major and growing consumer health and wellness needs for the modern lifestyle."
Looking at competitors, big players are following the money in this sector. On October 1st another cannabis beverage announcement came from Molson Coors Canada, the Canadian business unit of Molson Coors Brewing Company, and HEXO Corp. (TSX: HEXO, OTC:HYYDF) regarding the closing of the transaction announced on August 1, 2018, to form a joint venture to pursue opportunities to develop non-alcoholic, cannabis-infused beverages for the Canadian market following legalization. The joint venture, Truss, will be led by former Molson Coors executive, Brett Vye, in the role of Chief Executive Officer.
Vye said, "When consumable cannabis is legalized in Canada, Truss will be ready to make its mark as a responsible leader in providing high-quality beverages for the Canadian consumer."
A Business Insider article last week reported that CEO of Molson Coors, Mark Hunter said "The cannabis market could total $7 billion to $10 billion in Canada alone, of which nonalcoholic cannabis-infused beverages could account for as much as $3 billion, or 30% of the total market."     
Sproutly Canada, Inc. has been setting up to enter the beverage space previous to today's news with the company announcing  in August that it had completed the acquisition of all of the issued and outstanding shares of Infusion Biosciences Canada Inc. and SSM Partners Inc.
From the news: "We are extremely excited to finalize this Acquisition, enabling Sproutly to commercialize the APP Technology in major regulated markets around the world with innovative cannabis products that target the $50+ billion bottled water and functional beverage market with naturally water soluble molecules from cannabis and hemp", commented Keith Dolo, Chief Executive Officer of Sproutly."
What separates Sproutly and Infusion Biosciences from other cannabis beverage technologies? In a phrase; water oluble, as referenced in today's news by Keith Dolo, CEO.
This may put Sproutly in a league of their own with regards to their technology but other cannabis companies have been eyeing the beverage sector of the market. But as Dole noted, he is confident he can separate his company from the pack.
Not to be left out, The Green Organic Dutchman Holdings Ltd. (TSX: TGOD), (OTC: TGODF) also entered the space announcing, back in June of this year, the launch of a global division focused on the beverage industry.
From the news:  "The Green Organic Dutchman Beverage Division will utilize its experience to provide a strategic pathway into the cannabis market for large-scale beverage companies by way of direct investment, joint venture or other suitable opportunities."
Continued: "The focus will be to create industry-leading branded products, and to supply organic base ingredients for use in global beverage brands. Similarities between the cannabis sector, beverage, beverage alcohol and consumer packaged goods industries are apparent. "
As the cannabis market continues its growth curve and legalization allows for more cannabis alternatives, cannabis infused beverages will dramatically change and increase the size of the beverage market of the future.
Technology is key to who gets market share, making it an interesting race for investors to watch.
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.
Follow us on Social Media
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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring Sproutly (SPR:CSE / SRUTF:OTCQB) is a paid for article at Investorideas.com - learn more about costs and services https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894
Contact Investorideas.com
800-665-0411

Posted by at No comments:

Investorideas.com - Co-Founder of Black Insurance Discusses Company Vision for Blockchain in Insurance, and Partnership with Fineqia (CSE: FNQ), (OTC: FNQQF) (Frankfurt: FNQA)

Investorideas.com - Co-Founder of Black Insurance Discusses Company Vision for Blockchain in Insurance, and Partnership with Fineqia (CSE: FNQ), (OTC: FNQQF) (Frankfurt: FNQA)



Co-Founder of Black Insurance Discusses Company Vision for Blockchain in Insurance, and Partnership with Fineqia (CSE: FNQ), (OTC: FNQQF) (Frankfurt: FNQA)

Investorideas.com featured blockchain and technology company - Fineqia International Inc. (CSE: FNQ)


POINT ROBERTS, WA and DELTA, BC - November 8, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in Blockchain content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com release an exclusive Q&A interview with Risto Rossar, Co-Founder of Black Insurance.
Risto and InvestorIdeas discuss the big players testing blockchain in insurance and how their Board member, Bundeep Singh Rangar from Fineqia (CSE: FNQ) (OTC: FNQQF) (FNQA.F), is adding value, expertise and "blockchain based policy administration."
With over 60 plus sign-ups from insurance brokers globally, writing almost $400 million of premiums annually, this blockchain insurance company is one the industry will be watching.
A report from PWC says, "The potential for blockchain to deliver substantial value to financial services is enormous. For example, a recent report from Goldman Sachs estimates that in banking, consistent use of blockchain in KYC/AML checks alone could save $2.5bn of the estimated $10bn global processing costs in the sector."
CB Insights reporting on Blockchain and Insurance notes, "Despite the rise of online brokers, many consumers still call insurance brokers by phone to purchase new policies. Policies themselves are often processed on paper contracts, which means claims and payments are error-prone and often require human supervision. Compounding this is the inherent complexity of insurance, which involves consumers, brokers, insurers and reinsurers, as well as insurance's main product — risk."
"Each step in this collaborative process represents a potential point of failure in the overall system, where information can be lost, policies misinterpreted, and settlement times lengthened."
"Enter blockchain technology, a cryptographically secured form of shared record-keeping."
Interview
Q: Investorideas.com For our listeners that don't know your story, give us the background on Black Insurance and your experience in the fintech and insurance sectors.
A: Risto Rossar, Co-Founder, Black Insurance Back in 2000, I founded a company that we consider to be the world's first fully online insurance broker called, Iizi. It is now dominating the home market in the Baltics and has become a household name. For instance, you can get comparative motor insurance quotes from a panel of insurers, make the payment, and receive the policy in about 1 minute. As far as I know, this level of customer service and experience remains largely unprecedented in the world. 
From there on, I founded Insly, an insurance management software that is being used by more than 300 firms across 40 countries. One of the main purposes of this software is to address the inefficiencies and friction that selling and managing insurance is facing - it's a lot. We're doing a great job at fixing what is state-of-the-art in insurance today but I've come to understand that the insurance industry needs a more fundamental fix. 
As an example, an insurance policy is recorded in half a dozen or more separate information systems during its life cycle and then maintained by participants including: Brokers, wholesale brokers, insurers, reinsurers, and in some case regulators. All of these systems must be reported between and reconciled, information needs to be rekeyed, complex interfaces between the systems need to be built and so forth. It's hard to measure conclusively but our estimate is that as much as 20% of each insurance premium is burnt on this essentially worthless "busyness."
We also. routinely see opportunities in the insurance sector that don't see the light of day as there is so much friction between underwriting, product design and distribution. If you have a great idea for a new insurance scheme, it can take you years and millions [of dollars] to get it on the market - if you make it at all. You might have noticed that while the rest of the world is changing at a breathtakingly quick tempo, the insurance industry has remained pretty much as it has always been. Now you know why. 
Q: Investorideas.com There have been a lot of discussions on how blockchain can disrupt the insurance sector. Two main focuses are reinsurance through blockchain as well as fraud and prevention. Can you give us more insight into how these two aspects could benefit? 
A: Risto Rossar, Co -Founder, Black Insurance On the most basic level, blockchain can bring two types of benefits to insurance. The one most widely discussed has thus far been what we call "blockchain based policy administration". I described above how all participants in the insurance game are maintaining their own ledgers, constantly reporting back and forth. Blockchain is a shared ledger by its very definition. Writing the entire business on such ledgers while maintaining the data privacy, has the potential to create a "self-reporting" business. Certain transactions could also be automated by using smart contract technology. Think of having a travel insurance claim settled automatically when a public data source indicates a flight has been delayed. 
Second - and a somewhat less discussed aspect - is the tokenisation of insurance. Behind each insurance policy, there is a certain amount of mandatory reserve capital in place that sees returns when there is no claim and vice versa. This capital could be broken into tokens and sold to crypto investors. This would remove a lot of friction between the capital and the great insurance product ideas looking for funding. We believe it can really kickstart innovation and competition in insurance. 
Q: Investorideas.com Where do you see blockchain on a global scale being adapted the most for insurance? What has been your feedback from peers and larger corporations so far? 
A: Risto Rossar, Co -Founder, Black InsuranceAll large insurance and reinsurance companies are immensely excited over blockchain. As in other industries, they keep somewhat on the fringes of the disruptive and market development, leaving the riskiest undertakings to start-ups, ready to acquire and integrate only the proven models. They are probably thinking that start-ups are there for "manufacturing" the innovation, while big corporations come in to translate these innovations into reliable and efficient operations. That being said, since the insurance industry is somewhat on the stagnant side, it might happen that the start-ups take part in this race and bring the new models to a global scale themselves. This is left to be seen. 
Q: Investorideas.comFineqia International's CEO, Bundeep Singh Rangar, is on your board. Give us insight as to the relationship with Fineqia International and what it means to have him and his expertise on board?
A: Risto Rossar, Co -Founder, Black Insurance  Bundeep is a strong ally to have and one with a truly global reach, with a wealth of experience in the financial sector. He contributes a lot both on the vision and operational levels. Bundeep has spoken at many top tier blockchain and Insurance events as an industry expert including ther Insurance Times Insurance2025, "Unblocking the blockchain potential for insurance" panel.
For Fineqia, we are a strategic opportunity on several levels. First,Black is working on enabling crypto-based fractional ownership (so called "tokenisation") in the insurance industry that [works with Fineqia's original core business model of crowdfunding]. We intend for such tokens to be offered on the Fineqia platform and match them with interested investors.
In addition to that, Fineqia has invested in PremFina, which is a financier of insurance premiums. PremFina also recently won the 'Best Use of Technology for Customer Experience - B2B' at the Insurances Times Tech and Innovation Awards.  Its investment is alongside Rakuten, Draper Esprit, Thomvest Ventures, Talis Capital, Emery Capital and Rubicon VC, among other notable investors. Black Insurance, therefore, has potential synergies with other companies in Fineqia's portfolio.
Q: Investorideas.com Allianz, DocuSign and other big players are all testing out blockchain prototypes for insurance. How is Black Insurance ahead of the curve for investors, and possible vendors and clients?
A: Risto Rossar, Co -Founder, Black Insurance  Our vision is more about the business model than the technology. Writing insurance policies on blockchain makes sense but it is relatively straightforward and will become a commodity soon. You can think about it as a new, better type of database. 
We have a more comprehensive model that is set to create an entirely new way to produce insurance through tokenisation and the. clever alignment of stakeholder interests. This approach has already earned us sign-ups by more than 60 insurance brokers around the world, doing almost $400 million of premiums annually. There are hundreds of millions of big deals in the pipeline. They all see tremendous value in the ecosystem we are building and are set to launch next year. 
About Black Insurance: Black is a digital insurance company on blockchain that allows token holders to invest directly into insurance risk and completely change the way how insurance markets work. Their aim is to create a global digital insurance platform that can make all insurance companies obsolete. For more information visit: https://www.black.insure/
About Fineqia InternationalFineqia International is a listed entity in the Canada (CSE: FNQ), (OTC: FNQQF) (FNQA.F).  Fineqia International outlines the Company's corporate governance, culture, processes and relations by which the Company and its subsidiaries are controlled, directed and governed. Fineqia International oversees and ensures the overall success, planning and growth of the Company and all of its subsidiaries. It recently announced the incorporation of blockchain technologies to achieve these objectives. For more information visit: https://investors.fineqia.com/news
About Fineqia LimitedFineqia provides a platform and associated services to support security issuances and manage administration of equity and debt securities. It acts as a broker bringing an issuing company's securities to market, distributing and marketing them as well as transparently highlighting the risks and objectively outlining opportunities involved. For more information visit www.fineqia.com
Fineqia International Inc. (FNQ.CN) is a featured tech stock on Investorideas.com
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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: FNQ is a paid PR, news and social media client on Investorideas.com
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
SOURCE: Fineqia International Inc.
Posted by at No comments:

Investorideas.com Newswire - #Tech / #AI News: Gopher Protocol's (OTCQB: $GOPH) CTO Interviewed by BigBizShow on October 31st, 2018

Investorideas.com Newswire - #Tech / #AI News: Gopher Protocol's (OTCQB: $GOPH) CTO Interviewed by BigBizShow on October 31st, 2018



#Tech / #AI News: Gopher Protocol's (OTCQB: $GOPH) CTO Interviewed by BigBizShow on October 31st, 2018

Explaining the GopherInsight™ Chip in Development

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)


Santa Monica, CA - November 8, 2018 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher"), a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global platform with both mobile and fixed solutions, announced today its guest appearance on "THE BIG BIZ SHOW" (http://www.bigbizshow.com) on Wednesday October 31, 2018.
Dr. Rittman, Gopher's CTO, appeared on the show and was interviewed. The show is hosted by ROBERT "SULLY" SULLIVAN ("Sully").
Link to the interview: https://youtu.be/3MXC5-P58ZA
 

Sully is the host of two national television programs in the "Business meets Lifestyle" space – "THE BIG BIZ SHOW" (http://www.bigbizshow.com,), which has been running nationally syndicated television program for 20 years; simulcast on radio, seen and heard weekdays on the Biz Television Network and for the IHeart Media Radio Stations, BizTalk Radio Network and Armed Forces Radio Network in 175 countries and "all the ships at sea."
Sully's second show is television only, "SULLY'S BIZ BREW" (https://www.ytaclub.com) on the YouToo America Television Network. Sully has also been a frequent contributor to FOX Business and MSNBC and currently provides "Sully's Biz Bite," a daily 2-minute "Business and Lifestyle" report, to several radio stations nationwide.
About Gopher Protocol Inc. (http://gopherprotocol.com)
Gopher Protocol Inc. (GOPH) ("Gopher") (http://gopherprotocol.com/) is a development-stage company which consider itself Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. Gopher has a portfolio of Intellectual Property that when commercialized will include smart microchips, mobile application software and supporting cloud software. The system contemplates the creation of a global network. The core of the system will be its advanced microchip technology that can be installed in any mobile device worldwide. Gopher envisions this system as an internal, private network between all enabled mobile devices providing shared processing, advanced mobile database management/sharing and enhanced mobile features.
Corporate Site: http://gopherprotocol.com
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company's ability to raise capital on acceptable terms, if at all, the Company's successful development of its products and the integration into its existing products and the commercial acceptance of the Company's products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
Contact:
Dr. Danny Rittman CTO
Gopher Protocol Inc.
Media: press@gopherprotocol.com
SOURCE: Gopher Protocol Inc.

Gopher Protocol, Inc. (OTCQB:GOPH) is a featured tech stock on Investorideas.com

Get News Alerts on Gopher Protocol, Inc.

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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com: More disclaimer and disclosure  info: https://www.investorideas.com/About/Disclaimer.asp, https://www.investorideas.com/About/News/Clientspecifics.asp
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Posted by at No comments:
Subscribe to: Posts (Atom)