#Blockchain and #Crypto News Updates #Overstock ( $OSTK), #Kodak ( $KODK), #SponsorsOne (CSE: $SPO.C), #GlanceTechnologies (CSE: $GET.C)
#Blockchain
and #Crypto News Updates #Overstock ( $OSTK), #Kodak ( $KODK), #SponsorsOne
(CSE: $SPO.C), #GlanceTechnologies (CSE: $GET.C)
#KODAKCoin
and #SponsorCoin New Entrants to Market
Point Roberts, WA and Delta, BC - January 16,
2018 (Investorideas.com Newswire) Investorideas.com, a leader in Blockchain
content with its Bitcoin and blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com reports on recent news and developments from publicly traded
companies in blockchain and crypto markets.
New applications from Kodak (NYSE: KODK) to utilize blockchain in the photography markets and the launch of
its new KODAKCoin and SponsorsOne (CSE: SPO) announcing its SponsorCoin for driving
ecommerce, digital marketing and social media are indications that blockchain
and cryptocurrency are infiltrating most aspects of technology and day-to-day
life. Advertising is also a key area for blockchain technology with Comcast's
Advanced Advertising Group, a division of Comcast Cable ( NYSE: CCZ) announcing last year its
initiative to develop a new, technological solution - the "Blockchain
Insights Platform" – aimed at improving the efficiency of premium
video advertising, resulting in better planning, targeting, execution and
measurement across screens.
According
to a report from ReportBuyer in late December, “The global blockchain market
size is expected to grow from USD 411.5 million in 2017 to USD 7,683.7 million
by 2022, at a Compound Annual Growth Rate (CAGR) of 79.6%. The demand for
distributed ledger technology, reduced total cost of ownership, rising
cryptocurrencies market cap and initial coin offerings, increasing demand for
simplified business processes, transparency and immutability, faster
transactions, and Blockchain-as-a-Service are said to fuel the growth of this
market.”*
As
of mid-day Friday, January 12th the cryptocurrency market consisted
of 1414 cryptocurrencies in 7840 markets: 7840 with a market cap of
$695,386,506,998 according to source https://coinmarketcap.com.
Recent news and
developments in the sector:
On
January 9, 2018 Kodak (NYSE:
KODK) and WENN Digital,
in a licensing partnership, announced the launch of the KODAKOne image rights
management platform and KODAKCoin, a photo-centric cryptocurrency to empower
photographers and agencies to take greater control in image rights management.
Utilizing
blockchain technology, the KODAKOne platform will create an encrypted, digital
ledger of rights ownership for photographers to register both new and archive
work that they can then license within the platform. With KODAKCoin,
participating photographers are invited to take part in a new economy for
photography, receive payment for licensing their work immediately upon sale,
and for both professional and amateur photographers, sell their work
confidently on a secure blockchain platform. KODAKOne platform provides
continual web crawling in order to monitor and protect the IP of the images
registered in the KODAKOne system. Where unlicensed usage of images is detected,
the KODAKOne platform can efficiently manage the post-licensing process in
order to reward photographers.
"For
many in the tech industry, 'blockchain' and 'cryptocurrency' are hot buzzwords,
but for photographers who've long struggled to assert control over their work
and how it's used, these buzzwords are the keys to solving what felt like an
unsolvable problem," said Kodak CEO Jeff Clarke. "Kodak has always
sought to democratize photography and make licensing fair to artists. These technologies
give the photography community an innovative and easy way to do just
that."
"Engaging
with a new platform, it is critical photographers know their work and their
income is handled securely and with trust, which is exactly what we did with
KODAKCoin," said WENN Digital CEO Jan Denecke. "Subject to the
highest standards of compliance, KODAKCoin is all about paying photographers
fairly and giving them an opportunity to get in on the ground floor of a new
economy tailored for them, with secure asset rights management built right
in."
The
initial coin offering will open on January 31, 2018 and is open to accredited
investors from the U.S., UK, Canada and other select countries. For more
information visit www.kodakcoin.com. This initial Coin Offering is issued under
SEC guidelines as a security token under Regulation 506 (c) as an exempt
offering.
On
January 11, 2018, SponsorsOne Inc. (CSE:
SPO;
Frankfurt:5SO) announced it has developed the SponsorsCloud
platform which supports smart contracts between Brands, Consumers and
Influencers, automatically determining compensation for authentic social media
engagement using the SponsorCoin. SponsorsOne announced it has incorporated its
USA subsidiary, SponsorsOne Media Inc., in Delaware, operating in Los Angeles
and New York City.
“We
are ready to change the way Brands engage with the Millennial, creating
authentic community’s, which are proprietary to each Brand within all social
networks,” stated Myles Bartholomew, CEO of SponsorsOne. “The role of each
office is to build the Brand’s creative content and social media strategies
using the SponsorCoin smart campaign technology, driving sales straight to our
ecommerce platform so we are a part of the process, from marketing to financial
settlement.”
SponsorsCloud
turns every consumer connected to the Brand into an Influencer and compensates
them with the SponsorsCoin for their authentic engagement. The Influencer can
then use the SponsorCoin and their discount to purchase products and services
from any participating Brand making SponsorsCloud the first seamless
crypto-commerce platform.
SponsorsOne
is positioned as a leader in the happening evolution of social digital
marketing and crypto-commerce with the SponsorsCloud platform and its highly
scalable digital – smart contract based crypto-currency called SponsorCoin.
Combined, this allows Brands to build and manage their own proprietary and
highly engaged communities of influencers within the social realm. The
SponsorsCloud platform allows for data driven marketing smart campaigns that
will change the way brands connect to their customers and compensate for
authentic engagement using the SponsorCoin digital crypto-currency.
SponsorsCloud and SponsorCoin are tools for brands to inspire real movements
around their products and services in which their most valuable customers
become their best salespeople, producing far greater ROI than current social
media advertising methods. SponsorsOne’s
goal is to drive marketing costs to zero for the Brands and in turn will earn
15-20% of all sales generated from each of the Brands smart campaigns – a
success, fee-based revenue model. With
our focus on attracting the Millennial, their total consumer goods spending is forecasted
at $1.3 Trillion in 2018, the largest ever in history.
Also
on January 11th, Glance
Technologies Inc. (CSE:GET) announced that its wholly owned subsidiary Glance Coin
Inc. (formerly Glance Blockchain Token) had signed digital media expert and
thought leader Zeeshan Mallick as Chief Digital Officer. Zeeshan has worked
with leading brands such as Ted Baker French Connection, Sony, Ericsson,
Emirates Airlines, Etihad Airlines, Dubizzle.com, Accenture, HSB MENA,
Mindshare MENA, MEC UK, RBS & NatWest, Barclays, Microsoft, NHS, Sapient
Nitro and the Department of Health. Zeeshan was also the first CMO for Humaniq
and its cryptocurrency offering.
Glance
Technologies owns and operates Glance Pay, a streamlined payment system that
revolutionizes how smartphone users choose where to shop, order goods and
services, make payments, access digital receipts, redeem digital deals, earn
great rewards & interact with merchants. Glance offers targeted in-app
marketing, geo targeted digital coupons, customer feedback, in-merchant
messaging and custom rewards programs. The Glance Pay mobile payment system
consists of proprietary technology, which includes user apps available for free
downloads in IOS (Apple) and Android formats, merchant manager apps, a large
scale technology hosting environment with sophisticated anti-fraud technology
and lightning fast payment processing.
Glance Pay has entered into significant licensing agreements with Active
Pay Distribution Inc., Cannapay Financial Inc. and Euro Asia Pay Holdings Inc.
It also owns an end to end blockchain solution for a rewards based
cryptocurrency which is currently being integrated into the Glance Pay app.
On
January 11th, Overstock.com,
Inc. (NASDAQ: OSTK) issued a 2017
highlights report noting it closed out 2017, its 18th year as a
leading online home goods retailer, with tremendous growth, industry-leading
innovations, and award-winning recognition.
Talking
about its Blockchain and Cryptocurrency division it said “2017 was a landmark
year for both cryptocurrency and its underlying technology, blockchain.
Overstock continued to be a leader in the blockchain industry, investing in
companies that are at the cutting edge of development in the space. The online
retailer, which in 2014 was the first major retailer to accept bitcoin payments
for purchases, expanded its payment options to include dozens of major
cryptocurrencies through integration with ShapeShift, a leading digital asset
exchange.
Overstock’s
blockchain-focused subsidiary, Medici Ventures, named its board of directors in
2017, and also saw a number of its portfolio companies continue to use
blockchain to revolutionize industries including capital markets, money and
banking, property registry, voting, identity, and underlying blockchain
technology, including:
tZERO,
the world’s first SEC approved, blockchain-based alternative trading system,
launched its initial coin offering (ICO), which attracted over 10,000
subscribers and raised $100M in commitments in the first 12 hours of its
pre-sale. A significant portion of the tZERO security tokens issued will be
available to accredited investors in the public sale beginning in January,
2018.“
*Report Buyer article
source: https://www.prnewswire.com/news-releases/the-global-blockchain-market-size-is-expected-to-grow-to-usd-76837-million-by-2022-300575324.html
For a list of
blockchain stocks visit:
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