#Blockchain Stocks Trending Again Thanks to #JPMCoin; (CSE: $LLT.C) (OTC: $LLNKF) (TSXV: $HIVE.V) (OTCQX: $HVBTF) (TSXV: $GLXY.V) (NASDAQ: $RIOT)
#Blockchain Stocks Trending Again Thanks to
#JPMCoin; (CSE: $LLT.C) (OTC: $LLNKF) (TSXV: $HIVE.V) (OTCQX: $HVBTF) (TSXV:
$GLXY.V) (NASDAQ: $RIOT)
Point Roberts WA,
Delta BC – February 21, 2019 - Investorideas.com, a global investor
news source covering blockchain and cryptocurrency issues a special edition of the Crypto Corner looking at the recent
run in cryptocurrencies and blockchain stocks following recent news of the JPM Coin.
With a heart-stopping
180o turn on February 14th, J.P. Morgan became the first US bank to create and
successfully test a digital coin representing a fiat currency. The JPM Coin
will use blockchain-based technology, enabling the instantaneous transfer of
payments between institutional accounts.
Adding fuel to the
fire, in a recent interview at the IBM Think 2019 conference, Jesse Lund (VP of
Blockchain and Digital Currencies for IBM) said IBM has several “letters of
intent” with major banks to release digital currencies.
From finance to
supply chain, healthcare, real estate, smart contracts, IoT and more, the
applications for blockchain ledger technology seem endless.
Blockchaintechnologies.com
recently reported, “Huge tech
companies like IBM have already seen the potential for blockchain supply chain
management and have web 3.0 solutions in development or pilot program stages.”
Litelink Technologies
Inc. (CSE: LLT) (OTC: LLNKF) is also aiming to
take logistics to a whole new
level. “Our platforms use the power of
blockchain, artificial intelligence and the rich features in the Amazon Cloud
to change the way the world works in logistics, digital wallets & payment
solutions.”
Litelink’s Shift product uses blockchain to track shipments, handle invoicing, payments and reviews and ratings. For audit and dispute resolution, their blockchain tech records the time and location of arrival at the location/gate and dock via GPS location data, records the receipt of the signed BOL, as well as runs AI algorithms to determine whether there are any exception conditions present at delivery. The proprietary Adversarial Permissioned Blockchain platform, based on JP Morgan’s platform, can also provide an early warning for potential future disputes, allowing the parties to proactively seek solutions rather than pointing fingers later.
The company recently announced an update on the
progress and planned the rollout of its 1SHIFT Logistics platform.
Hive Blockchain
Technologies Ltd. (TSXV:HIVE.V) (OTCQX:HVBTF) just announced up-listing to the
OTCQX. "Upgrading to the OTCQX is an important event for the
Company," said Frank Holmes, Interim Executive Chairman. "The OTCQX
equips HIVE with better liquidity and exposure for existing and future US
investors as we continue our long-term strategy to enhance shareholder value.
HIVE is an industry leader among publicly traded blockchain infrastructure
companies and trading on OTCQX in the US provides investors with an opportunity
to participate in the long-term potential of blockchain and to invest in a
stock that is highly correlated to the price movements of cryptocurrencies like
Bitcoin and Ethereum."
Galaxy Digital
Holdings Ltd. (TSXV: GLXY), a diversified
asset management firm dedicated to the digital assets and blockchain technology
industry recently reported preliminary assets
under management of $416.5 million as of January 31, 2019, inclusive of
committed capital in a closed-end vehicle.
The Company says,
“Our mission is to stand behind companies that we believe will be successful in
helping to accelerate and promote the institutional adoption of blockchain
technology and digital assets.”
Riot Blockchain, Inc.
(NasdaqCM:RIOT), a company that
says its focus is on Bitcoin and general blockchain technology has been one of
the biggest movers in the recent run.
Trying to regain investor confidence, earlier this month the company announced its Board of
Directors is implementing leadership and governance structure changes. Jeff
McGonegal is being named Chief Executive Officer, replacing departing Chris
Ensey, who had joined the Company in January 2018 as its Chief Operating
Officer and had been appointed interim Chief Executive Officer, in September
2018. Jeffrey Vormittag, Chief Operating Officer of the Company's subsidiary,
Riot Blockchain Canada Inc. will also be leaving the company.
“Riot Blockchain's
Board of Directors is very focused on delivering value for the Company's
shareholders and believes that a new streamlined leadership structure is
critical to achieving success, while also achieving cost reductions.”
It appears the recent
complacency in the sector has shifted to a new sense of optimism and for now,
the trend is the friend in blockchain stocks.
About Investorideas.com
Investorideas.com is a recognized news source
publishing third party news and press releases plus we create original
financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts and videos
talking about cannabis,
crypto, technology including AI and IoT , mining ,sports biotech, water,
renewable energy and more . Investorideas.com original branded content includes
the daily Crypto
Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
Social Media
Disclaimer/Disclosure:
Investorideas.com :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
article featuring LiteLink Technologies Inc. is a paid for service on
Investorideas.com – third party. Learn
more about costs and our services https://www.investorideas.com/News-Upload/
Additional info
regarding BC Residents and global Investors:: https://www.bcsc.bc.ca/release.aspx?id=6894.
Contact Investorideas.com
800-665-0411
Comments
Post a Comment