Wednesday, October 03, 2018

Investorideas.com Newswire - #Crypto News: Gopher Protocol's (OTCQB: $GOPH) CTO & CEO Invited by Tokenize-It to San Francisco Blockchain Week

Investorideas.com Newswire - #Crypto News: Gopher Protocol's (OTCQB: $GOPH) CTO & CEO Invited by Tokenize-It to San Francisco Blockchain Week



#Crypto News: Gopher Protocol's (OTCQB: $GOPH) CTO & CEO Invited by Tokenize-It to San Francisco Blockchain Week

Commences October 5th and Runs Through October 11th

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


Santa Monica, CA - October 3, 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 it has been invited by Tokenize-It, S.A. ("Tokenize-It") as VIP guests to the San Francisco Blockchain Week Conference, which Tokenize-It is among its sponsors.
San Francisco Blockchain Week - https://sfblockchainweek.io/ is a week of educational, consumer, and developer focused events that aim to push the boundaries of local Blockchain innovation, which has been welcomed by the San Francisco community. The goal of this week-long, immersive experience is to help the industry reach mainstream adoption through fundamental education and development of projects that matter. A networking app will be provided to notify new events and venues, schedule meetings, receive giveaways based on location and build attendees' preferred agenda in advance.
Tokenize-It - http://tokenizeit.cr is a software developer and technology company which owns a portfolio of Blockchain technologies focused on providing technology and services to third parties for the purchase of converting income producing assets and cash flow streams into tokens that can be traded as well as the tokenization of financial sovereign instruments. These Blockchain utility tokens are not dependent on a single Blockchain technology; they can be created on multiple Blockchains. Tokenize-It, Gopher, Gopher Costa Rica, SRL (a partially owned subsidiary of Gopher) and GBT Technologies, S.A. ("GBT") previously entered into a Letter of Intent in June 2018, which is presently still under negotiation (https://www.sec.gov/Archives/edgar/data/1471781/000161577418005183/s110797_8k.htm).
In September 2018, GBT, which is affiliated with Tokenize-IT, and Gopher entered into an Exclusive Intellectual Property and Royalty Agreement whereby Gopher granted an exclusive license to GBT for intellectual property relating to systems and methods of converting electronic transmissions into digital currency (https://www.sec.gov/Archives/edgar/data/1471781/000161577418009635/s112747_8k.htm).
The parties intend to present the potential structure and uses of Gopher technology for the Digital Currency Technology.
GBT's CEO and founder Pablo Gonzalez, who will be among the speakers of the conference, stated, "The intent of GBT is to enhance the technology and reach of Gopher's technology which it holds a license to further into the financial services arena. If Gopher is successful in creating its own communication network, it is a logical progression for these networks to also carry financial transactions, in both crypto currency, and fiat currency. GBT is a fully compliant and regulated exchange platform that currently operates as a decentralized digital platform, which is explained by GBT in the following link - https://youtu.be/V6_WOu016f0. GBT intends to incorporate the Digital Currency Technology into its products."
 

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.

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Tuesday, October 02, 2018

Investorideas.com - Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: TSX: $TGOD.TO, TSXV: $OGI.V, TSXV: $KHRN.V, CSE: $VIDA.C, CSE: $PUF.C

Investorideas.com - Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: TSX: $TGOD.TO, TSXV: $OGI.V, TSXV: $KHRN.V, CSE: $VIDA.C, CSE: $PUF.C



Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: TSX: $TGOD.TO, TSXV: $OGI.V, TSXV: $KHRN.V, CSE: $VIDA.C, CSE: $PUF.C

#Cannabisstock News for Organigram Holdings Inc., Khiron Life Sciences Corp., Phivida Holdings Inc., The Green Organic Dutchman Holdings Ltd. and PUF Ventures Inc.

Investorideas.com podcasts


Delta, Kelowna, BC - October 2, 2018 (Investorideas.com Newswire) https://www.investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca release today's edition of its series, Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
Listen to the podcast:

Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: TSX: $TGOD.TO, TSXV: $OGI.V, TSXV: $KHRN.V, CSE: $VIDA.C, CSE: $PUF.C

Today's podcast overview/transcript:
Good afternoon and welcome to another Investorideas.com Potcast - following Cannabis news, stocks to watch as well as insights from thought leaders and experts.
Today we will be looking at announcements from Organigram Holdings Inc. trading on the TSX-VENTURE as OGI, Khiron Life Sciences Corp. trading on the TSX-VENTURE as KHRN, Phivida Holdings Inc. trading on the CSE as VIDA, The Green Organic Dutchman Holdings Ltd. trading on the TSX as TGOD and PUF Ventures Inc. trading on the CSE as PUF.
Organigram Holdings Inc., the parent company of Organigram Inc., a leading licensed producer of medical marijuana, announced that is has closed the previously-announced private placement investment in Eviana Health Corporation (CSE:EHC).
Organigram along with an institutional strategic investor each participated 50% in a $10 million debenture offering by Eviana.
"Our investment in Eviana represents just the beginning of our international aspirations" said Greg Engel, CEO of Organigram, "but is representative of our approach to work with trusted local partners to both move quickly with boots on the ground and to navigate regional regulatory issues effectively".
Khiron Life Sciences Corp., an integrated medical cannabis company with its core operations in Colombia, announced today that it has signed multi-channel distribution agreements for Kuida®, its first CBD-based skincare brand. These agreements have been secured with Colombia´s most recognized distributors in the cosmeceutical industry.
Alvaro Torres, Khiron Co-founder and Chief Executive Officer stated, "These key channel partnerships enable us to execute our first go-to-market strategy, by entering the $5.6 Billion Colombian skincare market with significant distribution and access to large and established consumer networks."
As part of a robust strategy, Kuida® launches with secured distributor agreements that leverage their market reach, geographic location, scale and ability to ensure the Kuida® brand achieves its market potential. These agreements reflect retail, on-line and wholesale distribution, and further the strategic goals of the Company's wellness unit.
Retail distribution: Kuida has entered into an exclusive agreement with Farmatodo, one of Colombia´s largest pharmacy chains with 56 stores and over 1.2 Million monthly transactions, generating annual revenue of more than US $120 Million across more than 10 product categories including, medicine, personal care, beauty and skin care, and food and beverage, among others.
The exclusive agreement gives consumers direct product access based on agreed prominent store merchandising and point of purchase display across all Farmatodo stores. Following an exclusive period with Farmatodo, Kuida will also be available at other leading retail chains across the country.
Online Distribution: Kuida has signed an agreement with Farmalisto, Colombia's leading digital drugstore with more than 800,000 monthly visits, sustained annual sales growth of 150% and a strong presence in both Colombia and Mexico. Farmalisto is a leading e-commerce platform, based on a strong CRM program allowing patients and consumers to access medicines and products with ease.
Wholesale Distribution: Kuida has entered into an agreement with Distribuciones AXA S.A., one of Colombia's largest national distributors in the pharmaceutical sector, with 14.000 product SKU's and more than 8,000 retail clients. AXA will play an important role in Kuida´s development, allowing the brand to reach an expanded network of retailers and clients.
Furthermore, Khiron's wellness unit has a robust e-commerce strategy for Kuida that includes direct sales through www.kuidaskincare.com
Phivida Holdings Inc. recently saw the decision by the U.S. Drug Enforcement Administration (DEA) to remove the cannabis component cannabidiol (CBD) from its Schedule 1 list of controlled substances. The DEA defines Schedule 1 as a list of controlled substances with no currently accepted medical use and a high potential for abuse. CBD, when contained in "finished dosage formulations" has now been moved to Schedule 5, defined as drugs with lower potential for abuse. The ruling does not broadly apply to CBD.
"We see this reclassification of CBD in pharmaceuticals as a good sign that will bolster the growing awareness of CBD as a substance that delivers many benefits, and opens the door for other CBD-based treatments, in line with the recent FDA approval of a drug to treat childhood epilepsy," said Jim Bailey, President and CEO. "Phivida is launching its Oki line of functional beverages which provide a spectrum of non-psychoactive phytocannabinoids through infusion with active hemp extract. While our Oki and Vida+ product lines are not subject to FDA approval, as we grow to have product on shelves in all 50 states, we will benefit from the increased acceptance of the efficacy of cannabis and hemp products.
On September 12, 2018, Phivida announced the bottling and launch of its Oki brand of functional beverages and supplements, infused with active hemp extract. Oki will be available to consumers in up to 2,400 natural specialty store locations within the United States, in a significant distribution channel market valued at over USD 4.1 billion in retail sales.
Phivida also announced today the issuance of 1,508,512 common shares of Phivida Holdings. The common shares are for payment for a combination of consulting services provided in regards to an advisory on the Cannabis Beverages Inc. ("CanBev") joint venture with WeedMD Inc. and management sourcing.
The Green Organic Dutchman Holdings Ltd. announced the closing of the previously announced acquisition of HemPoland. The transaction has received approval from the Toronto Stock Exchange and cements the Company's commitment to building shareholder value through international expansion.
"HemPoland has proven an ability to execute through quality product development and strong brand awareness. We are incredibly pleased with this transaction, a key milestone in our long-term acquisitions strategy. The acquisition is accretive to our shareholders, delivers immediate revenue, and opens a new vertical for TGOD. We're incredibly excited to have such an innovative and strong entrepreneurial team join our TGOD family," said Brian Athaide, TGOD's CEO.
Europe is home to three-quarters of a billion potential consumers, and HemPoland is a leading manufacturer and marketer of premium CBD oils within this market. This acquisition provides TGOD with immediate revenue, access to HemPoland's significant distribution network, state-of-the-art hemp oil extraction technology and the premium top selling Cannabigold brand.
PUF Ventures Inc., an advanced ACMPR license applicant,announced that Natures Hemp Corp., a biotechnology and consumer products company focused on unlocking the true value of hemp for both B2B and B2C markets, has reported the successful formulation and initial test results of a hemp based coffee creamer by the Richardson Centre of Functional Foods and Nutraceuticals at the University of Manitoba.
"Working with the University of Manitoba, Natures Hemp formulated an all-natural, hemp-based, non-dairy coffee creamer which tastes good and has all the characteristics of conventional creamers without the worrying ingredients," said Derek Ivany, President and CEO of PUF Ventures. "Coffee drinkers are looking for a healthy alternative to conventional coffee creamers and Natures Hemp all-natural coffee creamer comes with all the healthy benefits of cannabidiols including: healthy omega-3 and omega-6 fatty acids, iron, vitamin E, and essential amino acids."
Hemp is traditionally known for its use in textiles due its long and strong fibers, but hemp seeds have become the source of a robust health food and alternative medicinal marketplace. Hemp seeds are being recognized as a superfood, like flax and chia seeds, because they are high in protein, contain 20 amino acids, and are also high in the fatty acids omega-3 and omega-6. Seeds are typically pressed to produce oil and the remaining byproduct is processed into a flour from which products like pasta, baked goods and other healthy foods can be created. Nature Hemp's healthy alternative non-dairy coffee creamer is made using the whole seed with added water.
If you would like to be a guest or sponsor this podcast contact Investorideas.com
Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment.
Subscribe to the new cannabis podcast series:
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Get the cannabis/hemp stock directory as an Investor ideas member, plus get weekly updates with new pot stocks added and get the daily potcast for Investor Ideas #Potcasts #Cannabis News and Stocks on the Move. Learn more https://www.investorideas.com/membership/

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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 and the Cleantech and Climate Change Podcast.
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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.
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Investorideas.com - #CryptoCorner: Special Edition: Interview with Jeff Stevens, President of Datametrex (TSXV: $DM.V) at Extraordinary Future Conference

Investorideas.com - #CryptoCorner: Special Edition: Interview with Jeff Stevens, President of Datametrex (TSXV: $DM.V) at Extraordinary Future Conference



#CryptoCorner: Special Edition: Interview with Jeff Stevens, President of Datametrex (TSXV: $DM.V) at Extraordinary Future Conference

October 2nd #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App


Point Roberts, WA and Delta, BC - October 2, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news reports on what's driving the cryptocurrency markets with today's edition of Crypto Corner, also available in podcast.
Today’s special edition features an on-site interview wit Jeff Stevens, President of Datametrex (TSXV: DM.V) from the Extraordinary Future Conference hosted by Cambridge House International. The two-day conference held in Vancouver BC, September 19th and 20th featured the hottest Canadian technology for investors, showcasing everything from eSports to blockchain, cannabis, electric cars and security.
Listen to today's Crypto Corner Podcast:

#CryptoCorner Special Edition: Interview with Jeff Stevens, President of Datametrex TSXV: $DM.V - #altcoin mining, #data collection, #AI

Datametrex AI Limited  (TSXV: DM ) is a technology-focused company with exposure to four exciting verticals. Big Data, Collecting data from Retail Point of sale environments, Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy. Implementing Blockchain technology for secure Data Transfers through its joint venture company, Graph Blockchain. and Industrial Scale Cryptocurrency Mining through its wholly owned subsidiary, Ronin Blockchain Corp.
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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/


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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

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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 Stock Guru daily podcast on Support and Resistance Trading.
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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 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 newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: https://www.investorideas.com/About/News/Clientspecifics.asp
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Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Files 8K: Transcript of September 27th Investor Webcast Available

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Files 8K: Transcript of September 27th Investor Webcast Available



#Tech News: NXT-ID (NASDAQ: $NXTD) Files 8K: Transcript of September 27th Investor Webcast Available

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

SEBASTIAN, Florida - October 2, 2018 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD) a provider of healthcare devices as well as payment, credential management, and authentication platform services, announces it has filed an 8K regarding the transcript of the investor webcast held Thursday, September 27th at 4:10 p.m. EST.
Nxt-ID held the webinar in order to discuss the spinoff of its financial technology assets, which was previously announced by Nxt-ID on September 21, 2018.
Highlights of the call included management discussion as well as questions and answers regarding:
  • The strategic reasons management is pursing the previously announced spinoff;
  • The structure, process, and timing of the spin-off transaction and the NASDAQ listing process for the new company, and
  • The go-forward business strategies for the remaining business and the new company
A copy of the transcript from the webinar is attached to the 8K filing as Exhibit 99.1
Shareholders, investors and interested parties can still access the September 27th webcast for a limited time at this URL address but must register for the event:
About NXT- ID, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com.
Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Media Contacts:
Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com
Get News Alerts on NXT-ID, Inc.
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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 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: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. Renewed October 1, 2017 - see details at https://www.investorideas.com/About/News/Clientspecifics.asp
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Monday, October 01, 2018

Investorideas.com - #CryptoCorner: Indian Central Bank Denies #Blockchain Unit, #Malta's PM Tells UN that #Crypto "Inevitable Future of Money"

Investorideas.com - #CryptoCorner: Indian Central Bank Denies #Blockchain Unit, #Malta's PM Tells UN that #Crypto "Inevitable Future of Money"



#CryptoCorner: Indian Central Bank Denies #Blockchain Unit, #Malta's PM Tells UN that #Crypto "Inevitable Future of Money"

October 1st #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App


Point Roberts, WA and Delta, BC - October 1, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news reports on what's driving the cryptocurrency markets with today's edition of Crypto Corner, now available in podcast.
Listen to today's Crypto Corner Podcast:

#Crypto Corner: Indian Central Bank Denies #Blockchain Unit, China's Oldest Tech Magazine Offers Subscription Payments in BTC, Shanghai Court Rules Ether as Property "In the Legal Sense" and Malta's PM Tells UN that Crypto "Inevitable Future of Money"

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Stable Weekend, Indian Central Bank Denies Blockchain Unit, China's Oldest Tech Magazine Offers Subscription Payments in BTC, Shanghai Court Rules Ether as Property "In the Legal Sense" and Malta's PM Tells UN that Crypto "Inevitable Future of Money"

As we open the week the crypto market hasn't seen too much movement in terms of total market capitalization in the past couple days. Data from CoinMarketCap tells us that Bitcoin (BTC) is trading for $6568 USD, a number it hasn't strayed too far from in the last few weeks. XRP, though in the red about eight percent since yesterday, still poses a threat to Ethereum's (ETH) second biggest market cap status. The total market cap is clocking in at $220 billion USD at press time.
Coin Crunch India reports that the Reserve Bank of India, the country's central bank, has denied the existence of a crypto and blockchain research unit. India's Economic Times reported the formation of the unit on August 27, citing two anonymous sources which claimed that the unit had existed for a month already. Subsequently, several other publications picked up the story. Responding to a Right to Information (RTI) request from Naimish Sanghvi, the writer of the Coin Crunch piece, RBI said:
"There is no new unit created formally in RBI for the purpose (Cryptocurrency, Blockchain and Artificial Intelligence) mentioned in RTI query. Therefore there is no information to furnish in the matter".
In a bid to demonstrate the use and practicality of cryptocurrencies, China's oldest tech magazine, Beijing Sci-Tech Report (BSTR), recently enabled readers to subscribe using Bitcoin, according to local outlet Guangming. The yearly subscription will be 0.01 BTC, which works out to 450 yuan ($65 USD). Additionally, should the price of Bitcoin increase in the course of a subscription year, BSTR will pay the difference out to the subscriber.
Elsewhere in China, the Shanghai Hongkou District People's Court has ruled that Ethereum is protected by the law as property "in the legal sense", according to a recent statement. The ruling is the culmination of case involving a tech company that had used tokens to raise Bitcoin and Ether, and the subsequent confusion resulting from the country's crypto transaction ban. A loosely translated excerpt from the statement reads:
Although the state does not recognize the monetary attributes of so-called "virtual currency" such as the Taikoo currency, it does not deny that the Ethereum is generally protected by the law as a property in the general legal sense.
At the 73rd session of the U.N.'s General Assembly on Sept 27, Malta's prime minister Joseph Muscat called cryptocurrency the 'inevitable future of money". Known informally as 'Blockchain Island', Malta is home to many blockchain and crypto companies, including giants like Binance, and is known for its favourable legal and economic framework that promotes growth and innovation in the space. Making the case for more liberal policies in the space, Muscat said:
"I passionately believe technology revolutionizes and improves systems. This is why in Malta, we have launched ourselves as the blockchain island. By being the first jurisdiction worldwide to regulate this new technology that previously existed in a legal vacuum. Blockchain makes cryptocurrencies inevitable future of money. More transparent it helps filter good business from bad business."
Sam Mowers, Investorideas
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