Tuesday, January 15, 2019

Investorideas.com - #CryptoCorner: Wise Network @network_wise Publishes Whitepaper and Launches Telegram as ICO Approaches

Investorideas.com - #CryptoCorner: Wise Network @network_wise Publishes Whitepaper and Launches Telegram as ICO Approache



#CryptoCorner: Wise Network @network_wise Publishes Whitepaper and Launches Telegram as ICO Approaches

January 15th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch


Point Roberts, WA and Delta, BC - January 15, 2019 (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.
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#CryptoCorner: Wise Network @network_wise Publishes Whitepaper and Launches Telegram as ICO Approaches

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Wise Network Publishes Whitepaper and Launches Telegram as ICO Approaches

Stocks discussed: (OTCQB: $GOPH)

Wise Network, an innovative developer of analog-mixed-signal, system-on-a-chip (AMS-SoC) integrated circuits, has made significant moves with the close of 2018 and into this year as it gears up for an ICO presale for their WRC token set for April 19.
On December 17, 2018, Wise launched a Telegram account, which has 5243 members at press time. The account has seen consistent interaction from interested investors since its debut.
Additionally, Wise Network recently published their whitepaper, written by company CTO, and CTO of Gopher Protocol, Inc. (OTCQB:GOPH), Dr. Danny Rittman. Gopher's Avant! AI engine powers the Enigma - a system-on-a-chip that communicates, using WiFi or cellular networks, with other Enigma integrated circuits (ICs) - which the WRC token is based within.
Wise Network was also listed on ICO Link, where they are currently rated 4.78/5. An excerpt from the ICO Link description for the WRC token outlines some of the basic features outlined in the whitepaper:
Wise's SMC [secure memory chip] will lay the real-world foundation to support cryptographic acceleration, neural network processing, and System-on-Chip development in IoT devices whereas Wise's Public Blockchain Mesh Network will serve as the distributed "hive mind" infrastructure that will give devices the capacity to securely learn, and transfer information between one another.
As an introduction to our Wise's Public Blockchain Mesh Network (WPBMN), we present the underlying technology used for decentralization, discuss scalability issues, and identify the most promising solutions for overcoming these hurdles.
The WRC token itself allows users to transfer value in the same way they can communicate with other devices, as with IoT. WRC is used by devices, which can buy and sell things from each other. An introductory video illustrates this through the example of a car receiving traffic information from other cars around it. The data from this exchange is then charged using the WRC token, "solving the lack of information and revenue received for it". This enables devices to collect and exchange data that the user desires without constant input from the user.
Sam Mowers, Investorideas
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Investorideas.com Newswire - What's New for #AI in 2019; Gopher Protocol (OTCQB: $GOPH), IBM (NYSE: $IBM), NVIDIA (Nasdaq: $NVDA), QUALCOMM (Nasdaq: $QCOM)

Investorideas.com Newswire - What's New for #AI in 2019; Gopher Protocol (OTCQB: $GOPH), IBM (NYSE: $IBM), NVIDIA (Nasdaq: $NVDA), QUALCOMM (Nasdaq: $QCOM)



What's New for #AI in 2019; Gopher Protocol (OTCQB: $GOPH), IBM (NYSE: $IBM), NVIDIA (Nasdaq: $NVDA), QUALCOMM (Nasdaq: $QCOM)


Point Roberts, WA and Vancouver, BC - January 15, 2019 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, looking at advancements in artificial intelligence in 2019 and beyond.
Last year saw considerable development in artificial intelligence (AI), machine learning (ML) and natural language processing (NLP) in various sectors. This was seen in the proliferation of many startups using AI tech in various spaces, as well as the adoption of the technology by established industry leaders. As 2019 begins, there are already many indicators that AI growth will continue and accelerate.
In a year-end review, Forbes B2B technology analyst and consultant David A. Teich highlighted the tendency of major tech companies to lead the way in the adoption of AI.
"The technologies and techniques of AI and ML are still so new that the main adopters of the techniques are the large software companies able to hire and to invest in the necessary expertise," he said.
Teich explains why both Google and Amazon are early adopters "due to their cloud foundation" and that they're "working to figure out how to generalize techniques developed for their products, in order to attract the wider business market." Meanwhile, fellow tech giants Microsoft and IBM (NYSE:IBM) are "layering AI across product offerings."
Gopher Protocol Inc. (OTCQB:GOPH), a company specializing in the development of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, finished 2018 with the release of a new version of its Avant! AI platform which includes user authentication, history saving and a new sentence embedding method.
Moving into 2019, there are indications that growth will become more impressive as adoption of AI advances. Deloitte Global's TMT Predictions projects that "among companies using AI, 70 percent will obtain AI capabilities through cloud-based enterprise software, 65 percent will create AI applications using cloud-based development services, and by 2020, the penetration rate of enterprise software with AI built in, and cloud-based AI development services will reach an estimated 87 and 83 percent respectively."
Deloitte Global's Paul Sallomi noted, "So far, AI's initial benefits have been predominantly accrued by ‘tech giants' with extensive financial resources, strong IT infrastructure, and highly-specialized human capital," he said. "However, the cloud will power increased efficiencies and better returns on investment, and we expect these benefits to rapidly extend beyond AI's pioneers to the wider enterprise."
But leaving survey data and research projections aside, AI has already made a palpable impact at the CES 2019 Tech Conference, held January 8-11th in Las Vegas. The event website captured the excitement around the sector saying, "AI is no longer a ‘thing' – it's everything".
There, IBM (NYSE:IBM), along with subsidiary The Weather Company, revealed the IBM Global High-Resolution Atmospheric Forecasting System (GRAF), which will be released later this year. GRAF is a weather forecasting system that can provide hourly updates for any location in the world. The company also announced Project Debater - Speech By Crowd - an AI-driven platform that collects view points from both sides of the crowd on a given topic and automatically creates convincing viewpoints for or against the topic.
Autonomous driving was present at CES 2019 with the announcement of NVIDIA Corporation's (NasdaqGS:NVDA) DRIVE autopilot, the world's first commercially available Level 2+ automated driving system. DRIVE utilizes multiple AI technologies, including AI copilot capabilities and advanced in-cabin visualization of the vehicle's computer vision system. Rob Csongor, Vice President of Autonomous Machines at NVIDIA commented:
"A full-featured, Level 2+ system requires significantly more computational horsepower and sophisticated software than what is on the road today. NVIDIA DRIVE AutoPilot provides these, making it possible for carmakers to quickly deploy advanced autonomous solutions by 2020 and to scale this solution to higher levels of autonomy faster."
Also at CES 2019, QUALCOMM (NasdaqGS:QCOM) introduced its 3rd Generation Qualcomm Snapdragon Automotive Cockpit Platforms. According to the press release, the Snapdragon Automotive Cockpit Platforms are the automotive industry's "first-announced scalable artificial intelligence (AI)-based platforms" and support "higher levels of computing and intelligence needed for advanced capabilities featured in next generation vehicles, including highly intuitive AI experiences for in-car virtual assistance, natural interactions between the vehicle and driver, and contextual safety use cases."
Gopher Protocol (OTCQB:GOPH) has also had a busy start to 2019, having launched a program to integrate its Avant! AI engine into robot platforms and has started development on an Avant! mobile application. Gopher CTO, Dr. Danny Rittman explained how the move into robotics opens up even more opportunities for AI to capitalize on.
"We believe Gopher's Avant! AI, implemented in robots, can be the brain for advanced technology in a wide variety of domains, among them medicine, autonomous vehicles including automobiles, drones and spacecraft, aviation, military, education and many more," he said.
With all the growth seen in 2018, and with market research projecting considerable growth in AI across various sectors, it seems likely that the developments seen already in the first half of January 2019 indicate the pace of growth for the rest of the year.
AI EYE CES 2019 Video:
 

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.
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Investorideas.com - #Cannabisstocks: Pure Global Cannabis (TSX.V: $PURE.V) (OTC: $PRCNF) Awarded Health Canada Sales License

Investorideas.com - #Cannabisstocks: Pure Global Cannabis (TSX.V: $PURE.V) (OTC: $PRCNF) Awarded Health Canada Sales License



#Cannabisstocks: Pure Global Cannabis (TSX.V: $PURE.V) (OTC: $PRCNF) Awarded Health Canada Sales License


TORONTO - January 15, 2019 (Investorideas.com Newswire) Pure Global Cannabis Inc. (TSX.V:PURE) (OTC: PRCNF) ( FRA:1QS) an integrated, growth-oriented life sciences and consumer products cannabis company, through its subsidiary PureSinse Inc. ("PureSinse"), reports that Health Canada has issued PureSinse a Sales License under the Cannabis Act.
Eligible and pre-registered Canadian medical patients can soon select from two dozen premium cannabis products offered by PureSinse, via its newly launched eCommerce website at PureSinse.com. The Company is committed to supporting medical cannabis patients by emphasizing the quality of and access to the products they need. The Company anticipates growing to 70 SKUs (stock-keeping units) by mid-2019, including adding extracted oil products, and vape pens.
PureSinse continues to demonstrate commitment to the medical community by leading one of the largest real-world evidence-based clinical studies in conjunction with the Appletree Medical Group and one of the largest Clinical Research Organizations in the world. The clinical data, which will be collected from thousands of patients, will provide necessary data points for guidance in the therapeutic benefits of specific cannabis strains for commonly reported medical symptoms. This evidence will guide PureSinse's future pharmaceutical product and consumer product development plans and provide the medical community with published peer reviewed observational data on the efficacy of medical cannabis for a range of conditions.
As part of the Sales Licence, the Company can also sell products into the adult-legal consumer market through provincially licensed retailers, for which it is launching uniquely curated lines of consumer products tailored to specific market segments.
"This is a significant milestone for us and something we have been vigorously preparing for over the last several months," said Malay Panchal, CEO of Pure Global. "We feel the medical community has been hugely underserviced with poor patient and physician education, and product offerings, areas we hope to be trail blazers in and make a significant contribution to in 2019," added Mr. Panchal.
About Pure Global Cannabis
Pure Global Cannabis Inc. (TSX.V:PURE; OTC:PRCNF; FRA:1QS) is an innovation-based cannabis Company led by experienced pharma, biotechnology, horticultural, and consumer packaged goods (CPG) experts. The Company's wholly owned subsidiary, PureSinse Inc., is a licensed producer under the Cannabis Act. The Company's Brampton campus houses facilities for vertically farmed cultivation, R&D, extraction, manufacturing, and distribution. PURE will produce branded and white-labeled cannabis products for the medical, pharmaceutical, wellness, health & beauty, natural health, food & beverage, and recreational legal markets with uniquely formulated and purified concentrates. The Company is using the Canadian market as a springboard to develop and manufacture GMP-compliant cannabis products for international sale and distribution with a goal to become one of the most trusted premium international cannabis brands.
To register to Pure Global's mailing list, please visit www.pureglobal.com. Follow @pureglobalcanna on Twitter and Facebook and @pureglobalcannabis on Instagram.
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited to, statements about Pure Global's future plans and intentions. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, Pure Global cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and Pure Global assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
To register to Pure Global's mailing list, please visit www.pureglobal.com . Follow @pureglobalcanna on Twitter and Facebook and @pureglobalcannabis on Instagram.
SOURCE Pure Global Cannabis Inc.
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Investorideas.com - #Cybersecurity Breaches Pave The Way For Proactive Solutions in 2019: VirtualArmour International (CSE: $VAI.C) (OTCQB: $VTLR), Patriot One (TSX-V: $PAT.V) (OTC: $PTOTF), Check Point (NASDAQ: $CHKP) and FireEye (NASDAQ: $FEYE)

Investorideas.com - #Cybersecurity Breaches Pave The Way For Proactive Solutions in 2019: VirtualArmour International (CSE: $VAI.C) (OTCQB: $VTLR), Patriot One (TSX-V: $PAT.V) (OTC: $PTOTF), Check Point (NASDAQ: $CHKP) and FireEye (NASDAQ: $FEYE)



#Cybersecurity Breaches Pave The Way For Proactive Solutions in 2019: VirtualArmour International (CSE: $VAI.C) (OTCQB: $VTLR), Patriot One (TSX-V: $PAT.V) (OTC: $PTOTF), Check Point (NASDAQ: $CHKP) and FireEye (NASDAQ: $FEYE)


Point Roberts, WA and Delta, BC - January 15, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering defense and security stocks and its defense portal, Homelanddefensestocks.com, release a snapshot looking at the recent surge in demand for cyber security technology following the numerous breaches and hacks of 2018.
Google, Facebook, British Airways, T-Mobile, Uber and Marriott all suffered from very public cyber security breaches in 2018 due to preventable lapses in security which ended up exposing personal data from hundreds of millions of individuals to unauthorized users. How will this affect cybersecurity for 2019?
According to Cybersecurity Ventures' recent quarterly report, global cybersecurity spending is predicted to exceed $1 trillion cumulatively from 2018 to 2021. In 2004, the global cybersecurity market was worth $3.5 billion while in 2019, spending is expected to hit $120 billion.
"Last year's major data security breaches could have been prevented with a properly implemented cybersecurity strategy and proactive management," according to Andrew Douthwaite, Chief Technology Officer at VirtualArmour International  (OTCQB:VTLR) (CSE:VAI), a fast-growing cybersecurity managed services provider based in Denver, Colorado.
Leading the growth of VirtualArmour over the last decade, Douthwaite knows a few things about cybersecurity, and his company's track record shows it. "While there were plenty of attempts, none of our enterprise clients were breached utilizing our services in 2018 - or ever, for that matter, since they became a client - and for good reason," said Douthwaite. "We are the best at what we do."
VirtualArmour services a wide range of clients, which include Fortune 500 companies and several industry sectors in over 30 countries across five continents. Its customized solutions help businesses build, monitor, maintain and secure their networks, and it maintains 24/7 client monitoring with specialist teams located at its U.S. and UK-based security operation centers.
"While the big breaches in 2018 are behind us, companies should brace for more sophisticated and devastating attacks in the new year," said Douthwaite. "Cybercrime remains a seriously strong threat, and every business manager should be taking steps to ensure that their company does not become a successful target."
To keep pace with the rising sophistication of cyber threats, FireEye, Inc. (NASDAQ:FEYE) announced adding new features to the FireEye Email Security - Server Edition.
The new capabilities include Multi-Vector Virtual Execution (MVX) engine, which can use image-set passwords in emails to analyze the related password-protected files — a feature which most sandbox detection are unable to analyze.
FireEye's MalwareGuard, which was launched recently, is also among the new additions to the FireEye Email Security - Server Edition.
The key intent behind the new upgrades is the growing incidences of executive impersonation attacks, which do not contain any malware but significantly jeopardize business emails. This is becoming a concern because people tend to access and respond to such emails because they look official and legitimate.
Online security may be paramount but there is also the need for real world security coupling such as with Patriot One Technologies Inc. (TSX-V:PAT) (OTC:PTOTF), developer of the award-winning PATSCAN™ covert radar weapons detection system, who recently closed its acquisition of EhEye Inc., which is now a wholly-owned subsidiary of Patriot One and its video recognition software rebranded as PATSCAN VRS.
This unique system automates the detection of weapons, disturbances and suspicious behaviors through existing camera infrastructure. Using computer vision techniques coupled with machine learning for artifact recognition, the solution employs deep learning architecture to alert security teams to anomalies that a standard video system cannot identify.
Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, also announced a recent acquisition, ForceNock Security Ltd.
ForceNock developed a Web Application and API Protection technology which utilizes machine learning, behavioral and reputation-based security engines which Check Point plans to integrate into its Infinity total protection architecture.
Andrew Douthwaite, delved more into these simple solutions and other major 2018 breaches in a recent article published on LinkedIn.com here, with his conclusion being simple and obvious.
"You should have a robust cybersecurity strategy and preventative operating procedures in place, be constantly monitoring all of your network - looking for incidents such as unauthorized access, and make sure that your employees receive comprehensive and up to date cybersecurity training."
For investors following security and defense stocks,, Investor Ideas has created a stock directory of Security and Defense stocks, Biometrics stocks, Homeland security stocks, Biodefense stocks, Cybersecurity stocks.
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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 AI Eye Podcast and column covering developments in AI.
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Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Announces Letter of Intent for $16.5 Million Long-term Debt Refinancing

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Announces Letter of Intent for $16.5 Million Long-term Debt Refinancing



#Tech News: NXT-ID (NASDAQ: $NXTD) Announces Letter of Intent for $16.5 Million Long-term Debt Refinancing

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

SEBASTIAN, Florida - January 15, 2019 (Investorideas.com Newswire) Fit Pay, Inc., a wholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD) (the "Company"), today announced the signing of a Letter of Intent ("LOI") for a new $16.5 million senior secured term loan (the "Term Loan"). The Company will use the proceeds from the Term Loan to refinance its existing loan facility and to pay for accrued interest and costs associated with the refinancing. In addition, the Term Loan proceeds will also provide ongoing working capital, funds for future capital expenditures, and capital for general corporate purposes.
Key features of the Term Loan include:
  • Interest rate of LIBOR + 11.00%;
  • Maturity date of three years after closing; and
  • Three-year term with minimum principal payments amortized over 96-months.
"We are very pleased to have made progress on the refinancing of our existing debt facility," said NXT-ID CEO Gino Pereira. "Completing this transaction will enable us to move forward with the planned spin-off of our Payments Division, which we believe will increase overall value for our shareholders."
Subject to the closing, the refinancing would remove a key covenant of the existing debt facility and allow the Company to proceed with the spin-off of its Payment Division, which include its Fit Pay, Inc. subsidiary and other assets. The terms of the LOI require the Company to complete the spin-off within 15 days of closing the Term Loan.
The Company previously announced that it intends to separate its payments, authentication and credential management business into an independent company and distribute those shares to NXT-ID shareholders through the execution of a spin-off, which the Company believes will qualify as a tax-free distribution. Immediately following the spin-off transaction, NXT-ID shareholders, who own shares of NXT-ID on the to-be-announced record date will own shares of both companies. Prior to the record date of the distribution, which will be established by the Board, NXTD shares continue to include shareholder rights to any pro-rata dividend that may result from the spin-off.
The new company, PartX, Inc., will include the assets acquired in the May 2017 business combination with Fit Pay, Inc. as well as the payment, authentication and credential management assets the Company developed previously by NXT-ID. It is applying for listing on NASDAQ.
The Company anticipates closing the Term Loan within 45 days of the signing of the LOI, which occurred on January 10, 2019. The closing of the Term Loan is subject to customary due diligence and various terms and conditions. The anticipated timing of the closing is subject to change.
About NXT- ID, Inc.
NXT-ID, Inc. (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 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. 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)

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Monday, January 14, 2019

$NXTD Media Alert: #FitPay #Bitcoin Device Attempts to Bridge Gap Between #Crypto, Traditional Payments


$NXTD Media Alert: #FitPay #Bitcoin Device Attempts to Bridge Gap Between #Crypto, Traditional Payments

ME Staff/ Market Exclusive - January 14, 2019 - Fit Pay, a subsidiary of Nxt-ID (NASDAQ: NXTD ), has unveiled Flip, a new contactless payment device that enables Bitcoin (BTC-USD) holders to make contactless purchases at millions of retail locations.

The company will begin shipping initial orders of Flip in February.

Flip’s near field communication (NFC) antenna allows it to transact payments at any retail point of sale location that accepts contactless payments. Flip stores a preloaded amount of U.S. dollars that are exchanged from the user’s existing Bitcoin account.

The device includes a digital wallet that allows the user to set how much value they would like their Flip to hold and when they would like it to reload. Flip does not need to be charged. Users need to first convert cryptocurrency to U.S. Dollars before loading them onto Flip.

“Flip bridges the gap between cryptocurrencies and traditional payments, providing Bitcoin holders the ability to use their value for everyday transactions,” Michael Orlando, COO of NXT-ID and president of Fit Pay, said in a statement.

Flip is currently only available in the U.S. The device can be purchased at FliptoPay.com.

The post FitPay Bitcoin Device Attempts to Bridge Gap Between Crypto, Traditional Payments appeared first on Market Exclusive.


Media Contacts:
Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273

D. Van Zant
+1-800-665-0411
press@nxt-id.com



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Delta, Kelowna, BC - January 14, 2019 (Investorideas.com Newswire) 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 Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
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Today's podcast overview/transcript:
Good afternoon and welcome to another Investorideas.com "potcast", looking at cannabis news, stocks to watch as well as insights from thought leaders and experts.
Today we will be looking at announcements from Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB), Pure Global Cannabis Inc. (TSX.V:PURE) (OTC: PRCNF), Cannvas MedTech Inc. (CSE: MTEC) (OTCPK: CANVF), Dixie Brands Inc. (CSE: DIXI.U), Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) and 3 Sixty Risk Solutions Ltd. (CSE: SAFE).
Aurora Cannabis Inc. announced today that the Company has entered into a letter of intent to acquire all the issued and outstanding shares of privately held Whistler Medical Marijuana Corporation, in an all-share transaction valued at up to approximately $175 million, including certain milestone payments.
Located in Whistler, British Columbia, Whistler has developed one of Canada's most iconic cannabis brands, built on quality, award-winning organic certified BC bud. The Transaction is expected to provide Aurora with a premium and differentiated organic certified product suite, expanding both its medical and adult-use offerings, and reinforcing Aurora's presence in the well-established west coast cannabis market.
Whistler has developed a strong reputation with patients and adult-use consumers alike for providing premium quality cannabis products. Founded in 2013, Whistler is one of Canada's original ten licensed producers, and was the first licensed producer to obtain organic certification and sell a full suite of organic certified cannabis products.
Whistler operates two indoor licensed production facilities, with its first located in Whistler, British Columbia, and the second, a recently licensed, purpose-built, state-of-the-art facility located a 20-minute drive from the Whistler facility. Once the second facility reaches full capacity (anticipated for Summer 2019) the facilities are anticipated to have a combined production capacity of over 5,000 kg per year. Whistler sells medical cannabis derivatives internationally to both Australia and the Cayman Islands, and through the addition of Aurora's deep experience in completing EU GMP certified facilities and its large global distribution network, Aurora plans to pursue additional international export opportunities.
Pure Global Cannabis Inc. an integrated, growth-oriented life sciences and consumer products cannabis company, through its subsidiary PureSinse Inc., announced that Health Canada has issued PureSinse a Sales License under the Cannabis Act.
Eligible and pre-registered Canadian medical patients can soon select from two dozen premium cannabis products offered by PureSinse, via its newly launched eCommerce website at PureSinse.com. The Company is committed to supporting medical cannabis patients by emphasizing the quality of and access to the products they need. The Company anticipates growing to 70 SKUs (stock-keeping units) by mid-2019, including adding extracted oil products, and vape pens.
Cannvas MedTech Inc., a leading digital cannabis educator and business technology company, announced its plans to form an independent panel of esteemed and established scientific consultants from across a range of industries to provide oversight and original content to the Cannvas.Me digital cannabis education platform. Members of the newly-formed Cannabis Sciences Advisory Board are expected to be announced in early 2019.
"We are excited to bring together scientific experts from within and outside the cannabis industry to contribute their wealth of knowledge and experience in ensuring the educational content on Cannvas.Me remains relevant as it pertains to the latest in cannabis and health sciences," said Shawn Moniz, Chief Executive Officer, Cannvas MedTech Inc. "As researchers continue to unravel the science of cannabis and solve new and potentially industry-disrupting mysteries surrounding the plant and its uses - such as the developing argument of classifying cannabis by terpene profiles instead of strain names - our Cannabis Sciences Advisory Board will help ensure Cannvas.Me users continue to receive up-to-date research-based information in an easy-to-learn format."
The newly-formed Cannabis Sciences Advisory Board joins the independent Medical Advisory Board and Educational Advisory Panel already established at Cannvas.Me. The two existing boards are made up of licenced health practitioners and certified educators from Canada and the United States. The Cannabis Sciences Advisory Board will also include prominent Canadians and Americans who are among the leaders in their fields with robust backgrounds in education, health sciences, medicine and research. Members of the Board will be in constant communication with the Cannvas.Me team to offer guidance on new educational modules, oversight of and contributions to original Cannvas.Me content, and insights into health sciences, clinical trials, medical and scientific regulatory affairs, and other related topics.
Dixie Brands Inc., one of the cannabis industry's leading consumer packaged goods companies, has announced new leadership and priorities for its pet wellness company Therabis. Dixie has hired specialty pet food and CPG veteran Bob Rubin as the first President of Therabis with the objective of significantly growing the brand's retail presence and sales.
"Therabis has tremendous potential as a product that can improve the quality of life for the pets which so many of us consider to be part of our families," said Chuck Smith, President and CEO, Dixie Brands. "We are very pleased to continue the national roll-out of the brand under Bob Rubin's leadership. Therabis is positioned for accelerated growth in 2019 as we broaden its distribution and continue to innovate with the introduction of feline and equine products, as well as ongoing additions to our existing canine line."
In his role at Therabis, Mr. Rubin will be responsible for executing on the compelling opportunities available to the brand as an early mover in the growing hemp-infused pet supplement category. Therabis plans to significantly expand its "bricks and mortar" presence in 2019 to complement its successful e-commerce platform, www.therabis.com. Therabis recently signed an agreement with Central Garden & Pet, a distributor with access to thousands of retail locations nationwide, and is targeting additional retail relationships.
3 Sixty Risk Solutions Ltd. today announced that 3 Sixty Secure Corp, a wholly-owned subsidiary of 3Sixty, has entered into a three-year master services agreement to provide security services to Canopy Growth Corporation across Canada. As part of the agreement, 3 Sixty Secure Corp. will provide 24/7 guarding services to protect Canopy Growth's Canadian facilities, as well as other security services as required. The agreement will include all existing and future Canopy Growth facilities across Canada. The agreement with Canopy Growth expands services to include all of its national facilities and extends the prior agreement from a one-year term to a three-year term.
"Reaching an agreement that extends and expands security services provided to Canopy Growth marks another important milestone for 3Sixty as we continue to assert ourselves as leaders in cannabis security," said Thomas Gerstenecker, CEO and Founder of 3Sixty. "I believe that our selection by Canopy Growth, a world-leading cannabis company, reaffirms the quality of our protective service offerings and supports our position as a leader in security services. Our sales pipeline is robust, and we are engaged with numerous companies seeking leading security solutions tailored to the cannabis industry and within non-core industries that require a full-spectrum of exceptional security services and solutions."
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