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Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Set to Gain from Hemp Legalization Drive in U.S.

  • 2018 Farm Bill promotes federal legalization of non-psychoactive industrial hemp in United States
  • Majority of states already have legal pilot programs to analyze industrial hemp’s potential for boosting agriculture
  • Global Hemp Group already testing revitalized cultivation of hemp in Canada, with interest in U.S. market

While states continue to grapple with how they will approach medical and recreational marijuana controversies, as well as the federal government’s drug classification policy in the United States, a more cooperative camaraderie appears to be developing nationwide in regard to the growth of industrial hemp, the cannabis plant’s non-psychoactive breed. The U.S. Senate is debating a 2018 update to its 2014 Farm Bill that legalized hemp for limited agricultural research, and state governments across the country are contemplating the plant’s potential for reviving their agricultural economies.

Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) has long had an interest in establishing a strong footing in the industrial hemp industries of Canada and the United States. Its headquarters are situated in Vancouver, British Columbia, where it could be in a prime position to take advantage of the Canadian government’s plans to fully legalize recreational drug uses of the cannabis plant later this year. However, Global Hemp Group’s focus is currently on cultivating the non-psychoactive plant variety to extract cannabinoids with a healthful benefit and then to advance through additional phases of cultivation for products that draw on the plant’s potential in tens of thousands of commercial products, including paper, construction fiber, biofuels, clothing and textiles.

Until the United States took an aggressive stance toward the detrimental effects of mind-altering substances in the country’s ‘war on drugs’, hemp enjoyed a history of cash crop production that stretched back beyond the nation’s first president, George Washington, who counted on it in his fields. The 2014 U.S. Farm Bill sought to restore a distinction between hemp and its rebellious marijuana sibling by allowing universities and state governments to grow hemp for research (http://ibn.fm/YfAJB), but, as the Drug Enforcement Administration held to its classification of hemp as a controlled substance and business enterprises occasionally found themselves targeted by law enforcement for marketing food products with hemp-derived ingredients that they argued were protected by the Farm Bill, the bill’s sponsors have moved for a 2018 update that classifies non-psychoactive hemp as a legal commodity answerable to agricultural oversight at the federal level and removes it from the controlled substances list.

Under this new bill, states would continue to retain their right to regulate production, but perhaps most importantly, the bill would allow hemp to qualify for some U.S. Department of Agriculture programs and fall under the coverage of federal crop insurance (http://ibn.fm/IUTyj).

While the federal government debates its policy, Kansas (http://ibn.fm/BmZGz) and Oklahoma (http://ibn.fm/QVtUQ) have joined the 37 states identified by The National Conference of State Legislators as having some form of legal pilot program assessing the potential of industrial hemp for their agricultural futures (http://ibn.fm/IK74K).

“It looks like the world of hemp in the US is about to enter a new phase and Global Hemp Group is proud to be part of this exciting new sector,” the company stated in a March press release (http://ibn.fm/ia7rT).

Global Hemp Group is focused on corporate acquisitions and joint ventures across all sectors of the hemp industry as it builds a portfolio of networked “soil-to-shelf” businesses that share its commitment to revitalizing the reputation of the versatile plant. One such joint venture led to the cultivation of hemp on the Acadian peninsula of New Brunswick, Canada last year – the first time the plant had been grown in the region in two decades (http://ibn.fm/hp9S9).

Analysis by the Hemp Industries Association pegged the yearly retail revenue from hemp products at $573 million in the United States during 2015 (http://ibn.fm/KB3E9). Cannabis analytics firm Brightfield Group estimated that Hemp-derived cannabidiol health food industry products alone netted $170 million in 2016 and predicted they would reach the billion-dollar level within three years, according to a report in Forbes (http://ibn.fm/ngwmW).

For more information, visit the company’s website at www.GlobalHempGroup.com

Uneeqo Inc. (UNEQ) is “One to Watch”

  • Company’s main focus is the development of SerpentCoin, a peer-to-peer digital token with a distributed, decentralized public ledger
  • Guardians of the token (holders) can send value between friends, pay for a good or service, deposit funds on an exchange, or enter an application
  • SerpentCoin guardians receive a 0.05% bonus on every transaction through a process referred to as “staking” – or token rewards
  • Built on “Cardano,” the most advanced third generation public blockchain and cryptocurrency technology designed to support smart contracts and cryptocurrencies

Uneeqo Inc. (OTC: UNEQ) is a Nevada corporation that recently incorporated and registered a new subsidiary, Serpentcoin Limited (“SCL”), in the United Kingdom. Through this subsidiary, Uneeqo has a new focus – a peer-to-peer digital token called “SerpentCoin” built upon a distributed, decentralized public ledger that is viewable and easily audited by transacting parties through unbreakable, encrypted smart contracts.

SerpentCoin is built upon Cardano, a technologically superior blockchain platform developed from a scientific philosophy by a global team of leading academics and engineers. SerpentCoin’s design platform includes several mission critical elements that directly support this forward-thinking technology that is constantly evolving in a fast-moving space.

Projects under development include:

  • Medusa – Each cryptocurrency requires a “wallet,” which is essentially a software application that can be installed on any computer or smartphone, to store tokens. SerpentCoin’s highly-engineered Medusa wallet will contain refined security features developed specifically for Cardano blockchain technology and protects assets with the most advanced cryptography. Medusa will not only support SerpentCoin tokens, but many others as well.
  • Temple – Think of this as a “treasury” which underpins the long-term core value of SerpentCoin. On every transaction through the SerpentCoin platform, 1.5 percent will be deposited in the platform’s Temple. Each quarter, Guardians (or holders of SerpentCoin) will have the chance to vote on how these treasury funds are invested into identified healthcare projects and technologies that benefit humanity.
  • Entwine – This refers to unbreakable smart contracts that allow SerpentCoin Guardians to make agreements on virtually anything while being assured the other party will meet its obligation. Through the use of double-deposit, theft is impossible, no escrow is needed, and no “middlemen” or websites are involved that could hold onto funds.

At the helm of the Uneeqo and SerpentCoin Limited team is Dr. Abel N J Haque, a business development professional with extensive experience in international business in the medical, technology and automotive sectors, as well as a leading consultant in regenerative medicine and cell therapy. Dr. Haque currently serves as an orthopaedic surgery technical consultant for Synergy Medical Technologies where he provides autologous stem cell cartilage transplants under contract to the Royal National Orthopaedic Hospital, University College, Long. In the past, Dr. Haque has held various positions at Wright Medical Europe and Stryker Corporation, along with many of its mergers and acquisitions.

For more information, visit the company’s website at www.SerpentCoin.com

ChineseInvestors.com, Inc. (CIIX) Eyes Chinese Expansion with Establishment of Shanghai-Based Subsidiary

  • Announces expansion of cryptocurrency and blockchain education business into China
  • Set to provide 24/7 coverage of the latest developments in global cryptocurrency and blockchain industry
  • Launching Bitcoin Trading Academy to grow subscribers

ChineseInvestors.com, Inc. (OTCQB: CIIX) recently announced its expansion into China through the establishment of NewCoins168.com Digital Media Technology Ltd., located in Shanghai (http://ibn.fm/Ay6qa). This wholly owned foreign enterprise is registered in the China Free Trade Zone with capital of 10 million RMB ($1.58 million). This expansion strengthens the company’s vision of becoming the premier financial information website for Chinese-speaking investors. CIIX prides itself on being an innovative company providing real-time market commentary, analysis and educational services in Chinese language character sets (traditional and simplified).

The company plans to hire 10 to 15 editors in Shanghai to work in conjunction with their United States counterparts at www.NewCoins168.com, which was established in November 2017 and is headquartered in New York City’s Trump Building. This joint effort between Shanghai and the United States editors will result in 24/7 coverage of the latest in global cryptocurrency and blockchain industry developments.

CIIX, through the NewCoins168.com platform, has established itself as a well-known cryptocurrency and blockchain technology information portal for the North American Chinese community. The addition of the Shanghai enterprise positions the company to bolster its popularity among the Chinese community worldwide.

CIIX Chief Executive Officer Warren Wang announced the company’s plans to launch a Bitcoin Trading Academy in June. It is expected to broadcast on NewCoins168.com. This academy will feature a three-level bitcoin trading course for Chinese-speaking investors in the U.S. (http://ibn.fm/CtAKw). These courses will consist of trading in bitcoin futures, educational research and an explanation of ICOs. The recent announcement to spin off CIIX’s CBD-focused assets into a private company allows CIIX to remain focused on financial consulting, corporate brand building and educational services for cryptocurrency markets. CIIX’s focus has returned to its core skills as a financial service business for the Chinese-speaking community.

For more information, visit the company’s website at www.ChineseInvestors.com

Earth Science Tech, Inc. (ETST) Plans to Battle Opioid Addiction with Human Clinical Trials in 2019

  • Centers for Disease Control and Prevention, in March 2018, estimated ‘economic burden’ of opioid misuse at $78.5 billion annually
  • ETST plans to complete white paper, begin human clinical trials by 2019; company intends to investigate drugs that combine mineral element and cannabinoid industrial hemp oil
  • Goal for biotech company is to fight opioid addiction with over-the-counter (OTC) treatment drug and a cannabinoid companion generic drug

Earth Science Tech, Inc. (OTC: ETST) is planning to fight opioid addiction in the near future by completing its white paper and beginning human clinical trials in 2019. The epidemic is projected to claim nearly 500,000 American lives by 2027, according to a study by STAT (http://ibn.fm/QW1hH).

The ETST white paper and planned human clinical studies deal with the measure of the efficacy of combination drugs against opioid dependency. The company will investigate the synergies between mineral elements and full spectrum cannabinoid industrial hemp with the goal of developing OTC and generic drugs that treat opioid addiction.

ETST is a biotech company focused on the cannabinoid, pharmaceutical and nutraceutical markets. In addition to drug research, it also performs R&D testing for medical devices. The company holds several subsidiaries, including Earth Science Pharmaceutical, Inc.; Cannabis Therapeutics, Inc.; KannaBidioiD, Inc.; and Canna Inno Laboratories, Inc., based in Montreal, Canada.

The company’s proposed OTC drug would be intended to reduce the cravings of opioid addicts. The other would be a generic designed to reduce the danger of side effects and make the first drug more effective, according to ETST. The purpose of the human trial is to develop a methodology that prevents fatal overdoses and relieves the side effects of withdrawal.

The Centers for Disease Control and Prevention (CDC), in a March 2018 revised report, estimated the ‘economic burden’ of opioid misuse at $78.5 billion annually in the U.S., including in that figure health care, addiction treatment and the involvement of the justice system. The National Institute on Drug Abuse terms it a national health crisis (http://ibn.fm/x279M).

For more information, visit the company’s website at www.EarthScienceTech.com

EVIO, Inc. (EVIO) Revenues Projected to Reach $10 Million in FY2019 Following Debut of EVIO Canada Subsidiary

  • Research firm Singular Research projects growth for EVIO, analyzing company’s aggressive expansion and noting performance of legal cannabis industry as tailwind
  • Newly launched Canadian subsidiary EVIO Canada signs binding agreement to acquire 50 percent of Edmonton, Alberta-based Keystone Labs, Inc.
  • EVIO Labs provides testing and scientific research for the regulated cannabis industry

EVIO, Inc. (OTCQB: EVIO) has launched a new wholly owned Canadian subsidiary, EVIO Canada, which concurrently signed a binding agreement to acquire 50 percent of Keystone Labs, Inc., a licensed testing facility for medical cannabis based in Edmonton, Alberta (http://ibn.fm/iauFB). Both the EVIO Labs division and Keystone Labs offer quality testing for the regulated cannabis industry.

EVIO’s aggressive expansion into new markets, and the growth of the cannabis industry, was cited by Singular Research as it projected EVIO, Inc. to reach $10 million in revenues by FY2019 (http://ibn.fm/J8Io4). It noted a New Frontier Data estimate that the U.S. legal cannabis market will grow to $24.1 billion by 2025 (http://ibn.fm/jNKYU).

EVIO, Inc. is a leading provider of cannabis testing and scientific research for the regulated cannabis industry. The company’s EVIO Labs division operates coast-to-coast, providing state-mandated ancillary services to ensure the safety and quality of the nation’s cannabis supply. EVIO is on track to have 18 of its state-of-the-art testing facilities by year-end 2018.

Keystone Labs is a contract-testing laboratory licensed to offer a wide array of testing services, including testing of medical cannabis. It holds a Health Canada Controlled Substance License and is a licensed Good Manufacturing Practices (GMP) laboratory with a Health Canada license.

The launch of the new company and its binding agreement for acquisition marks EVIO’s first international expansion. Its aggressive growth was a key factor in the positive projections of Singular Research. The report cited favorable tailwinds in the cannabis sector and initiated its coverage with a $2 price target.

Singular offered analysis of EVIO’s aggressive expansion plans, citing its exploration of “opportunities in many regions including Maryland, Pennsylvania, New York, Michigan, and Canada.” It noted that the company also has aggressive plans to tap into California’s cannabis market.

For more information, visit the company’s website at www.EVIOLabs.com

IEG Holdings Corp. (IEGH) Offers Consumers Timely Access to Online Personal Loans

  • As of July 2017, the Federal Reserve Bank estimates the value of all consumer loans in the U.S. to be more than $1.3 trillion
  • Total personal loan balances finished 2017 at $117 billion, up from 2016’s $102 billion
  • Nation’s strong economy is helping to build consumer confidence in personal balance sheets, signaling strong performance across multiple credit product lines, including personal consumer loans
  • “Mr. Amazing Loans” brand available online in 20 states, with plans to expand to additional states

Specialized fintech company and consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) issues and services direct, unsecured personal loans under the brand name “Mr. Amazing Loans” through its state-licensed operating subsidiary, Investment Evolution Corporation. Residents of 20 states (and counting) are able to apply online for consumer loans of either $5,000 or $10,000 by simply going to the company’s website and application portal at www.MrAmazingLoans.com. With a fixed APR in the range of 12 percent to 29.9 percent with a non-revolving term of five years, Mr. Amazing Loans gives consumers the option of securing a loan without ever having to meet with a lender or pay extravagant payday lender rates.

As a licensed, direct lender with licenses or certificates of authority to lend in each state, Las Vegas-based IEGH originates, processes and services personal loans to a long line of satisfied, underbanked consumers who have limited access to credit from banks and credit card companies.

The latest data from consumer credit reporting agency TransUnion puts the size of the personal loans sector at $107 billion for the second quarter of 2017. That’s a 10.8 percent increase over the same quarter in 2016 and a 132 percent increase from 2012, as detailed in an article published by SuperMoney.com (http://ibn.fm/nRyQC). A 2016 Federal Reserve survey notes that 10 percent of respondents said they applied for a personal loan that year, leaving significant room for the industry’s growth (http://ibn.fm/Wrtlc).

SeeThruEquity reports that IEGH is also looking at tapping into a $28 billion remittance market in the Philippine economy. Nearly 10 million Filipinos work abroad each year and send much of that money back home to family members, often paying exorbitant transaction fees. A progressive regulatory climate in the Philippines is seen as a favorable opening for cryptocurrencies, the report states (http://ibn.fm/NGbye).

Company CEO Paul Mathieson said that the company seeks to enter the remittance services market through the launch of a cryptocurrency by Investment Evolution Coin Ltd. (“IEC Ltd.”), a Singapore-incorporated public unlisted company managed by Mathieson (http://ibn.fm/JPOJF). Through IEC, Mathieson is collaborating with HashCash Consultants, a California-based blockchain company, to launch a new cryptocurrency – Investment Evolution Coin – that aims to make it easier and more cost-effective for the millions of Filipinos who work abroad to send money home. Mathieson also announced IEG Holdings’ shareholders will be provided with an opportunity to attain shares in Investment Evolution Coin.

“We believe potentially combining the exciting new blockchain technology with a leading sophisticated online consumer finance system, individual U.S. state lending licenses and exposure to the Philippines $28 billion OFW remittance sector is a very exciting proposition,” Mathieson said in a new release (http://ibn.fm/5fRUL).

For more information, visit the company’s websites at www.InvestmentEvolution.com and http://ibn.fm/IEGH

Net Element, Inc. (NASDAQ: NETE) Sees Rising Organic Growth

  • Revenues increased 11 percent during 2017, reaching $60.1 million on organic growth across all categories
  • Point of sale market expected to reach $106 billion by 2025
  • Global retail e-commerce sales to post solid gains, rising by more than 23 percent to $2.3 trillion by end of 2017 and accounting for 10 percent of total retail sales
  • Net Element processed $2.8 billion in global transactions in 2017, a 14 percent increase
  • Fast Pass Funding service unveiled on proprietary Netevia platform

Net Element, Inc. (NASDAQ: NETE), a global technology and value-added solutions group focused on supporting electronic payments acceptance in a multichannel environment, continues to master the art of the transaction by delivering valuable payment solutions to merchants and consumers.

E-commerce continues to show a healthy growth pattern, as consumers are increasingly dedicated to using their mobile devices to make purchases. According to a report compiled by Accenture Consulting (http://ibn.fm/BF5bZ), consumer awareness of mobile payments is at an all-time high and first movers that deliver additional value to merchants and their customers will become the industry’s ‘game changers’.

Net Element’s new service, Fast Pass Funding, provided through the company’s proprietary Netevia platform (http://ibn.fm/LHPID), is just one of the company’s innovative value-added services offered to merchants who are tired of waiting for funding to be processed. Eligible merchants receive funds in as little as three hours during regular business days, avoiding the 12 to 24 hour wait-time they normally endure. Other value-added services offered through the Netevia platform include fast, easy merchant account opening and integration, payment conversion optimization, over 150 risk-monitoring filters and highly competitive pricing for payment acceptance services.

People around the world are expected to make 726 billion transactions using digital payment technologies by 2020, according to an article published by CNBC (http://ibn.fm/RqWqP). Based on analysis of payment trends during the years 2014 and 2015, the study – conducted by global consulting firm Capgemini – reported that debit cards accounted for the highest share of non-cash payments at 46.7 percent, while credit cards trailed behind at 19.5 percent. Non-cash transactions between 2014 and 2015 rose 11.2 percent, the highest growth of the past decade.

Net Element intends to capitalize on the mobile transaction market as it transforms to meet demands by consumers and merchants who pivot to embrace smart technology trends. The company’s key goals include continuing company growth in all key segments, driving client retention, expanding the company’s client base in particular markets, delivering value-added products to increase efficiencies and payment acceptance, continuing the development of Netevia and launching new tools to reach clients and deepen partner relations.

“We are very pleased with our 2017 progress and the strong balance sheet position as of December 31, 2017, which we believe positions the company for future growth and opportunities,” Firer said in a news release describing the company’s year in review and plans for 2018 (http://ibn.fm/3y9zf).

For more information, visit the company’s website at www.NetElement.com

Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Building Portfolio on Promise of Revitalized Hemp Industry

  • Canada on-track to legalize cannabis plant derivatives for all potential uses this year
  • U.S. Senate set to debate update to 2014 Farm Bill using research showing hemp’s agricultural promise
  • Global Hemp Group pioneering new commercial-scale cultivation of hemp in New Brunswick

As pending legislation authorizing the cultivation of hemp without drug enforcement oversight opens the potential for U.S. federal government friendliness toward cannabis production, Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) is busy pledging its visionary portfolio to the market for consumer goods arising from the cannabis species’ non-psychoactive varieties.

Global Hemp Group joined other players in the delicate industrial hemp arena in praising Sen. Mitch McConnell’s long-time efforts to remove low-psychoactive chemical plants from the Drug Enforcement Administration’s listing of controlled substances, as well as his recent announcement of a Hemp Farming Act Senate bill that would permanently reduce hemp to agricultural oversight (http://ibn.fm/O8EzD).

“It looks like the world of hemp in the US is about to enter a new phase and Global Hemp Group is proud to be part of this exciting new sector,” a company statement adds.

Global Hemp Group’s goal is to establish cooperation among companies interlinked in the production of hemp – an ancient domesticated crop that was once favored as a plantation crop in the United States for making paper, textiles, ropes and concrete, and that has an edible seed also millable for oils. Global Hemp Group’s joint venture with Marijuana Company of America, Inc. (OTC: MCOA) led to a plan to extract non-psychotropic cannabidiol (CBD) from industrial hemp cultivation for research purposes on the Acadian peninsula of New Brunswick, Canada, last year – the first time the plant had been grown in the region in 20 years. The research comprised the first phase of the companies’ plans to reintroduce large-scale commercial hemp cultivation in New Brunswick and establish a processing facility in the region, once it was determined that hemp could be productive there (http://ibn.fm/7EzjB).

The companies anticipate cultivating a minimum of 125 acres this year and increasing the amount of land to 1,000 acres within three years, building on the Canadian government’s drive to legalize cannabis crops for all potential applications later this year. Global Hemp Group is also preparing to build permanent processing facilities by the fall, beginning with an initial crop focused on CBD extraction but working toward the purchase of extraction equipment to obtain other types of cannabinoids and straw processed for use in building materials.

“We are excited to complete the first phase of industrial hemp trials in Canada, and we look forward to continue expanding operations in Canada,” Marijuana Company of America CEO Donald Steinberg stated last month amid the news of the New Brunswick project’s advance. “Our joint venture with (Global Hemp Group) allows (Marijuana Company of America) the opportunity to expand the Company’s operations on an international level. Both Companies are excited about the endless possibilities for hemp derived CBD product this year in Canada.”

In the United States, Sen. McConnell took the first step toward re-legalizing hemp in 2014 by using his leadership position in the Senate to support hemp pilot programs in the Farm Bill. Since then, the research has shown hemp’s potential as an agricultural commodity, according to the senator’s office (http://ibn.fm/E4xw3), and his 2018 update to the Farm Bill would build on that research. While the pending bill is being promoted in concert with Kentucky’s efforts to revitalize its historical agriculture industry, hemp de-listing also has significant potential for the West, especially in Colorado, where more hemp is grown than anywhere else in the country and a pioneering farmer introduced the efficacy of growing a commercial-scale industrial hemp crop, according to a report by High Plains Public Radio (http://ibn.fm/UEBil).

Existing law prohibits U.S. farmers from growing hemp with more than 0.3 percent THC — the most psychoactive chemical in the cannabis byproducts that produce the marijuana drug. If tests show that a hemp crop has more than the allowable level of THC, the farmer is required by law to destroy it and bear the costs. A representative of the Colorado Department of Agriculture told High Plains Public Radio that controlling THC levels is only a challenge currently because the revitalized U.S. hemp industry is still in its infancy, and that new hemp varieties have already been developed that cannot produce more than the legal amount of THC.

Hemp has a wide variety of potential applications. The Hemp Industries Association estimated annual retail value for hemp products in the United States at $573 million in 2015 (http://ibn.fm/gma2b). Of the total market, the largest percentage of products involved personal care items, with estimated sales of $146.8 million, followed by industrial applications at $116.2 million.

For more information, visit the company’s website at www.GlobalHempGroup.com

Net Element, Inc. (NASDAQ: NETE) is Enabling Business across a Wide Array of Platforms

  • Retail e-commerce sales expected to reach $4.88 trillion by 2021
  • Net Element enables expanding scope of face-to-face and e-commerce transactions
  • Company building additional transaction capabilities through blockchain project

In a world with rapidly expanding opportunities for commerce at a truly worldwide scale, one of the greatest challenges businesses face is staying abreast of the technologies that keep people linked together across the globe. Net Element, Inc. (NASDAQ: NETE) is in the business of making business happen, ensuring that sales transactions can take place across a wide array of potential platforms, globally or in-person right at a merchant’s store.

Not so far from the historical era of bartering for goods and services and yet light years ahead in terms of mobility, modern businesses and consumers are increasingly accustomed to moving merchandise without a ‘show-me-the-money’ mentality. Payment cards, emailed and texted statements and short-range electronic broadcasting all serve to verify in a confident and practically instantaneous manner that a resource of funds sufficient to cover a debt exists somewhere in the world and can be made available to another specified location somewhere in the world.

Through its brands, Net Element specializes in linking consumer mobile phones, banks, unbanked online distribution outlets and offline brick-and-mortar storefronts, providing value-added services and business analytics.  The goal is to help companies assess their competition, evaluate their own productivity and get to know their clients’ preferences in the U.S. and emerging markets around the globe.

The company’s North America Transactions Solutions business segment recorded year-over-year revenue growth of 21 percent in 2017 with a history of 28 percent growth, driven mostly by its successes with its Unified Payments subsidiary (http://ibn.fm/ImbB8). Unified Payments’ Fast Pass Funding service gives eligible merchants access to revenues in as little as three hours during regular business days, improving turnaround time for transaction processing to same-day significance.

Entry into the Enterprise Ethereum Alliance has bolstered the company’s development of secure blockchain protocols to enhance its transaction solutions, including its new Netevia multi-channel payments platform that offers end-to-end processing through easy-to-use APIs. The company’s other subsidiaries — international small content mobile solution entity Digital Provider, cloud-based point-of-sale wireless tech platform Aptito, and processor agnostic e-commerce manager PayOnline — enhance its gravitas in the industry.

Independent equity research firm JGR Capital announced in April that it had launched its small cap data coverage of Net Element as a service to investors and shareholders (http://ibn.fm/KqhVh), providing additional attention to the company’s capabilities. In January, Net Element wrapped up a $7.55 million restricted common stock and warrant private placement with an institutional investor than brought in additional funding for its blockchain initiatives.

“The Company’s balance sheet is now the strongest in its history, allowing Net Element to support future growth opportunities,” Net Element CEO Oleg Firer stated in a news release.

Cumulative data from market analyst Statista projects that retail e-commerce sales worldwide will continue to grow at a marked pace, doubling revenues to $4.88 trillion by 2021. The analysis reports that online shopping is one of the most popular online activities worldwide, but the usage varies by region. In 2016, an estimated 19 percent of all retail sales in China occurred via internet, but, in Japan, the share was only 6.7 percent. Desktop PCs are still the most popular device for placing online shopping orders, but mobile devices, especially smartphones, are catching up, the report states (http://ibn.fm/qkYh8).

For more information, visit the company’s website at www.NetElement.com

Virtual Crypto Technologies Inc. (VRCP) Subsidiary Debuts NetoBit Cash to Enable Real-Time Cryptocurrency Payments

  • VRCP targets gaming sector for NetoBit Cash this year as study shows that cryptocurrencies are on track to dominate online video gaming
  • NetoBit Cash can be used to quickly and securely buy, sell or convert cryptocurrencies for gaming suppliers and other businesses via ATMs, tablets, PCs and mobile devices
  • Study: Global cryptocurrency market to reach $6.7 billion by 2025, growing at a CAGR of more than 31 percent from 2017-2025

Virtual Crypto Technologies Inc. (OTCQB: VRCP), through wholly-owned Israeli subsidiary Virtual Crypto Technologies Ltd., has launched NetoBit Cash, a tablet device (http://ibn.fm/6w8SV) enabling video game suppliers and other businesses to securely buy, sell or convert bitcoin and other cryptocurrencies in real time.

VRCP is targeting the online video game market, as cryptocurrencies are positioned to dominate that industry, according to a March 2018 study (http://ibn.fm/F2gFw) by Worldwide Asset eXchange (WAX™). Findings from the survey of 1,000 gamers in the U.S. suggest that there is a pent up demand for cryptocurrency services, with 80 percent interested in using cryptocurrencies for video game transactions.

NetoBit Cash enables gaming suppliers to meet that challenge, permitting users to buy or sell cryptocurrencies quickly, shortening the confirmation and validation timeframe to just seconds, as compared to today’s 20-minute to 24-hour range. This faster execution lowers the risk of fraud while reducing the complexity of the online purchase experience.

The product also searches several crypto exchanges simultaneously for the lowest exchange rate and commission offered, rather than just the customary one. VRCP’s algorithms can locate the ‘best deal’ combination of coin rate and commission at the time of purchase (the most attractive balance of coin rate and commission). This feature, plus confirmation speed, enables the company to offer a guarantee against currency volatility during the trade/exchange approval process of up to $3,000 per trade.

In addition, connecting with multiple exchanges at a given moment means that the VRCP system can divide a single payment across exchanges, allowing purchase of more than a single exchange can provide, thereby addressing common liquidity problems.

Finally, VRCP offers backroom capabilities to manage risk, operate a large number of cryptocurrency points-of-sale, conform to regulations and provide transaction statistical data.

A study by Transparency Market Research projects that the global cryptocurrency market and its related hardware and software will reach $6.7 billion by 2025, growing at a CAGR of greater than 31 percent from 2017-2025 (http://ibn.fm/n6LRO).

For more information, visit the company’s website at www.Virtual-Crypto.com

From Our Blog

D-Wave Quantum Inc. (NYSE: QBTS) Secures $400 Million in Equity Offering, Eyes Acquisitions and Expansion

July 18, 2025

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has completed sales of $400 million in gross proceeds of its common stock in an at-the-market equity (“ATM”) offering, a move that strengthens its financial position as the company looks to scale operations and pursue strategic acquisitions. The raise, conducted […]

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