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Thursday, April 30, 2020
Breaking #CBD and #Blockchain #Stock News for Sun Kissed Industries Inc. (OTCMKTS: $SKDI) - Numuni Completes Phase 1, Begins Revenue Generating Phase 2 With Blockchain Technology Integration; @sunkissinc
Breaking #CBD and #Blockchain #Stock News for Sun Kissed Industries Inc. (OTCMKTS: $SKDI) - Numuni Completes Phase 1, Begins Revenue Generating Phase 2 With Blockchain Technology Integration; @sunkissinc
NEW YORK, April 30, 2020 – (Investorideas.com newswire) – Breaking cannabis/CBD and Blockchain stock news - Sun Kissed Industries Inc. (OTCMKTS:SKDI) ("Sun Kissed", "SKDI", or the "Company"), an emerging leader in the CBD Food and Beverage marketplace, and Numuni, Inc. ("Numuni"), an innovative digital media monetization platform, are pleased to announce that the integration of Blockchain technology, a key revenue generating phase, has begun.
Read this news featuring SKDI in full at https://www.investorideas.com/news/2020/cannabis/04301OTCSKDI-BlockchainTechnologyIntegration.asp
Harnessing the computation power of 100’s, 1000’s or 10’s of thousands of computers is a commodity that commands a premium price. Numuni’s platform of distributed computing allows, at its most basic level, the company to mine blockchain based assets. Expanding on this, Numuni is developing a marketplace to allow the ‘renting’ of this processing power to research institutes, CGI production companies, cryptocurrency mining and more.
A recent report released by Statista shows that the U.S public cloud services market is over $250 billion dollars in size and expected to exceed $350 billion by 2022. While this growth rate is phenomenal, there is a vast amount of computational resource left idle. A webserver sits idle between page requests, a desktop PC uses near 0% of the CPU/GPU while reading emails, all this computational power is going to waste, that is what Numuni is tapping in to.
The Numuni client platform will be made available across a wide variety of OS’s with an estimated $2 per machine per month revenue. By using the platform, depending on the digital partner website, users may have access to ad-free browsing, expanded or previously ‘pay only’ sections of a website and more. While websites may initially be the driving force, the gaming market is massive and provides a lucrative opportunity to reduce/eliminate ad’s for the player while increasing revenues for the publisher and providing Numuni with additional saleable computation power.
Numuni CEO Robert Reynolds said “Our platform, unlike others that you may be familiar with (Seti@home, Folding@home, etc) is designed from the ground up with near limitless adaptability. Feedback from our over 6,000 beta installs has allowed the rapid shift from Phase 1 to Phase 2. The team at Numuni is excited to switch gears from strict R&D to a production environment generating revenues internally via mining and externally via computational resource contracts.“
Carl Grant, CEO of Sun Kissed, commented “As discussed by Robert Reynolds, the Numuni platform brings massive computational power within easy reach for many institutions, companies and individuals. This puts Sun Kissed and Numuni at the forefront of the next wave in the computer science field.”
About Sun Kissed Industries, Inc.
Sun Kissed Industries Inc. (OTCMKTS:SKDI) is an emerging leader in the CBD-based products marketplace. The Company is pursuing meaningful acquisitions as part of an aggressive M&A strategy designed to position Sun Kissed as a dominant player in a well-defined, high-growth niche within the rapidly expanding CBD sector.
About Numuni
Numuni is a technology platform that aims to disrupt the digital marketplace for paid content by making use of the vast amount of unused computing resource that personal computer desktops have. By working with the world’s largest media publication companies, Numuni will tap into their user base, achieving massive distributed super computing power. This system will revolutionize the market, allowing for true, on-demand, scalable computational power for sale on the Numuni marketplace.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements, including information about management's view of Sun Kissed Industries Inc.'s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Sun Kissed, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on Sun Kissed’s future results. The forward-looking statements included in this press release are made only as of the date hereof. Sun Kissed cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Sun Kissed undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Sun Kissed.
SOURCE: Sun Kissed Industries Inc.
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Wednesday, April 29, 2020
#CryptoCorner: #Bitcoin Passes $8000, Japan’s Second-Largest Bank Partners with SBI (NYSE: $SMFG), Checkout.com Joins Libra Association (NasdaqGS: $FB)
#CryptoCorner: #Bitcoin
Passes $8000, Japan’s Second-Largest Bank Partners with SBI (NYSE: $SMFG),
Checkout.com Joins Libra Association (NasdaqGS: $FB)
Point Roberts, WA, Delta BC April 29, 2020
- Investorideas.com, a leader in crypto and blockchain investing news brings
you today’s edition of the Crypto Corner podcast and commentary on
what’s driving the cryptocurrency market.
Listen
to today’s Crypto Corner Podcast:
Read
this in full at https://www.investorideas.com/news/2020/crypto-corner/04291Bitcoin-Japan-SMFG-FB.asp
Stocks discussed: (NYSE:SMFG) (TYO:8473) (NasdaqGS:FB)
The top 100 coins
listed on CoinMarketCap are almost
entirely in the green at press time, with the flagship cryptocurrency Bitcoin (BTC) having risen
above $8,000 for a current trading price of around $8,350. For Bitcoin, this
represents a gain of roughly 7.6 percent in the last 24 hours, and, more
crucially, a total erasure of losses following the Coronavirus-related market
crash in mid-March this year. While this rally could possibly have been fueled
by the much-anticipated halving scheduled for May 11 – just 12 days from today
– data from CoinDesk indicates that
Bitcoin has exhibited a positive performance in the month of April for the last
four years. An excerpt from CoinDesk contrasts Bitcoin’s performance with that
of traditional assets over the past month:
While the cryptocurrency is up over 25% for the month,
gold, the classic safe-haven asset, has gained 6.4%. Meanwhile, the S&P
500, Wall Street's equity index, has risen by 10.8% so far in April. The dollar
index, which tracks the value of the greenback against major currencies, is
reporting marginal gains.
Nikkei
Asian Review
reports that Japan’s second-largest bank, Sumitomo Mitsui Financial Group (NYSE:SMFG), is set to
partner with financial services firm SBI Holdings (TYO:8473). The proposed
deal will see SMFG “acquire a stake in the mobile only brokerage unit of SBI,”
and the latter will accept a 100 billion-yen ($930 million) investment from
SMFG that “will focus on investments in companies that work with digital
technology, including fintech, blockchain and 5G wireless networks.”
Checkout.com, a
payment services provider startup based in the UK, has joined the Libra
Association – the membership organization tasked with overseeing Facebook’s (NasdaqGS:FB) Libra digital currency project.
In a company blog
post,
Checkout.com CEO Guillaume Pousaz wrote:
The Libra project holds the promise of increasing
financial inclusion for billions of unbanked people, empowering them to
participate in the digital economy and reducing disparities.
It is obvious to me and the wider Checkout.com team
that we want to be part of this effort and can contribute to this endeavor by
bringing our unparalleled payments engineering expertise.
Crypto exchange
services provider CoinEx has announced a global strategic
partnership with Bitmain-affiliated financial service platform Matrixport.
Haipo Yang, Founder and CEO of CoinEx, commented:
“CoinEx’s users around the world will benefit from this
strategic partnership as the OTC service makes transfers between fiat and
crypto more convenient. Matrixport has the potential to become a key player in
the industry and I look forward to a long-term partnership between us.”
Sam
Mowers, Investorideas
For investors following the sector Investor Ideas has a
comprehensive Bitcoin, Blockchain
and Digital Currency Stocks Directory
About
Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com
is a recognized news source publishing third party news, research and original
financial content. Learn about investing in stocks and sector trends with our
news alerts, articles, podcasts and videos,
looking at cannabis, crypto, AI and IoT, mining, sports biotech, water,
renewable energy and more. Investor Idea’s original branded content includes
the following podcasts and columns : Crypto Corner , 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
, Exploring
Mining the AI
Eye .
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Monday, April 27, 2020
#CryptoCorner: #Bitcoin Highest Since Crash as Halving Approaches, NY Hospitals Join IBM (NYSE: $IBM) #Blockchain-Powered Rapid Supplier Connect
Point Roberts, WA, Delta BC April 27, 2020
- Investorideas.com, a leader in crypto and blockchain investing news brings
you today’s edition of the Crypto Corner podcast
and commentary on what’s driving the cryptocurrency market.
Listen
to today’s Crypto Corner Podcast:
Read
this in full at
Stocks discussed: (NYSE:IBM)
As we enter a new
week, Bitcoin (BTC) has emerged from the weekend having built
upon gains made late last week amid a crypto market that is currently a mix of
red and green, according to data from CoinMarketCap.
Trading for around $7,720 at press time, Bitcoin is at its highest since March
12, when it crashed thousands of dollars to around $4,000 alongside traditional
markets. An article from CoinDesk chalks this recent rally up to, in
part, anticipation for Bitcoin’s halving, which will occur on May 12. Jehan
Chu, co-founder and managing partner at blockchain investment and trading firm
Keneti Capital, told the publication:
“The rally is being sustained by the rapidly
approaching halving. Look for prices to attempt the $10,000 level on
speculative buzz leading into the halving.”
Blockchain payments
service provider BitPay and crypto exchange giant Binance have partnered to drive adoption of the latter’s
BUSD stablecoin. This will see BitPay “enable all of its merchants around the
world to accept BUSD as a form of payment online and in its cross border
business to business billing platform without additional integration.” Stephen
Pair, CEO of BitPay, explained:
“The partnership with Binance is about more than
supporting another stablecoin, it is about making cross border payments simple
and easy for both businesses by leveraging the global influence of Binance
Exchange. With BUSD, BitPay expands blockchain payment choices for all our
customers across the global payments space who want the flexibility of paying
on the blockchain with the stability of the US dollar.”
Binance has also launched the "Binance Pool", a
crypto mining pool today, which offers “Proof of Work (PoW) and Proof of Stake
(PoS) services for a variety of coins and tokens.” In an interview with Cointelegraph, the head of Binance Pool Lisa
He said:
“We aim to establish a comprehensive platform for
miners that will bring more possibilities to the mining industry by bridging
traditional mining to financial services.”
Forbes reports that a New York-based
healthcare group, Northwell Health, which is composed of more than 800
hospitals, has joined IBM’s (NYSE:IBM) blockchain-powered Rapid Supplier
Connect network to purchase from new suppliers for COVID-19 relief. According
to the article, IBM launched Rapid Supplier Connect “to link buyers to new
suppliers, who have changed their manufacturing process to medical equipment,”
and it is part of the company’s “existing Trust Your Supplier Blockchain
Network.” Phyllis McCready, Vice President and Chief Procurement Officer at
Northwell Health, told Forbes:
"Northwell Health has had adequate supplies to
protect patients and our staff during the increase in New York COVID-19 patient
cases. It is through creating our own group purchasing organizations (GPOs) and
supply chain, and joining forces with non-traditional suppliers that we have
maintained an adequate stockpile of personal protection equipment (PPE) and
other equipment and supplies, so we are pleased to join IBM Rapid Supplier
Connect."
Sam
Mowers, Investorideas
For investors following the sector Investor Ideas has a
comprehensive Bitcoin, Blockchain
and Digital Currency Stocks Directory
About
Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com
is a recognized news source publishing third party news, research and original
financial content. Learn about investing in stocks and sector trends with our
news alerts, articles, podcasts and videos,
looking at cannabis, crypto, AI and IoT, mining, sports biotech, water,
renewable energy and more. Investor Idea’s original branded content includes
the following podcasts and columns : Crypto Corner , 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
, Exploring
Mining the AI
Eye .
The
Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com,
iHeartRadio and Google Play Music.
Visit the Podcast
page at Investorideas.com:
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 investing involves risk and possible
losses. This site is currently compensated for news publication and
distribution, social media and marketing, content creation and more. 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
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each company directly regarding specific questions.
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Friday, April 24, 2020
#CryptoCorner: #Bitcoin Rallies as CME (NasdaqGS: $CME) Futures Expire, China’s “Digital Yuan” May be Piloted by Starbucks (NasdaqGS: $SBUX)
#CryptoCorner: #Bitcoin
Rallies as CME (NasdaqGS: $CME) Futures Expire, China’s “Digital Yuan” May be
Piloted by Starbucks (NasdaqGS: $SBUX)
Point Roberts, WA, Delta BC April 24, 2020
- Investorideas.com, a leader in crypto and blockchain investing news brings
you today’s edition of the Crypto Corner podcast and commentary on
what’s driving the cryptocurrency market.
Listen
to today’s Crypto Corner Podcast:
Read
this in full at
Stocks discussed: (NasdaqGS:CME) (NasdaqGS:SBUX)
As we head into
another weekend the crypto market is largely in the green, according to data
from CoinMarketCap. Bitcoin (BTC) in particular
seems to have consolidated support above $7,000 with a trading price of around
$7,500 at press time. This is the result of a rally yesterday, which according
to a CoinDesk report, was
instigated by today’s CME (NasdaqGS:CME) April Bitcoin futures expiry.
Joseph Todaro, managing partner at Blocktown Capital, told CoinDesk that
yesterday’s stock market rally could also have played a part:
“As traders have been closely monitoring stocks, the
push higher in U.S. equities today may share some responsibility for the jump
in bitcoin's price.”
A Chinese
publication called Interchain
Pulse
indicates that China’s planned “digital yuan” CBDC could be heading toward real
world testing, and that well-known companies including Starbucks (NasdaqGS:SBUX) may be participating in the
pilot. Details were gleaned from a promotional conference held in the city of
Xiong’an on April 22. This CBDC constitutes part of a smart city project. An
excerpt from the piece reads:
The pilot of [the] central bank digital currency in
Xiong'an is a step in the construction of a digital city in Xiong'an New
District.
Binance Futures has
“the largest options venue” in the crypto market $295 million in traded volume
as of April 20. In an interview with Cointelegraph, Binance Futures
vice president Aaron Gong revelaed that “the platform had overtaken its
counterparts by daily traded volume on April 14,” which was the day after it
was launched. According to Gong, Binance designed their contracts to address
the “low liquidity, high premiums and large spread,” typical of previous
options. He said:
“This market structure creates a fragmented liquidity
landscape, where contracts that are far out-of-the-money and furthest away from
the expiration date are notoriously illiquid. As such, trading with those
contracts may pose challenges to transaction costs and trade execution.”
Yesterday, Binance announced the launch of
Bundle, described as “an Africa-focused Social Payments App for Cash and
Crypto.” The app allows users to buy, sell, and
store digital currencies, “as well as deposit and withdraw digital currencies
and local fiat starting with NGN (Nigeria Naira) and many more fiat currencies in the coming weeks.” The project
aims to support over 30 African countries by the end of the year. The project’s
founder Yele Bademosi, formerly a director at Binance Labs, explained:
“We built Bundle with the digitally native African user in mind.
They are social, online, and connected across geographical boundaries. They
prefer their financial services delivered digitally via mobile apps as opposed
to visiting brick and mortar bank branches. We decided to build a mobile wallet
that supports cash and crypto, and makes using crypto feel like just another
digital financial transaction done on a mobile app.”
Sam
Mowers, Investorideas
For investors following the sector Investor Ideas has a
comprehensive Bitcoin, Blockchain
and Digital Currency Stocks Directory
About
Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com
is a recognized news source publishing third party news, research and original
financial content. Learn about investing in stocks and sector trends with our
news alerts, articles, podcasts and videos,
looking at cannabis, crypto, AI and IoT, mining, sports biotech, water,
renewable energy and more. Investor Idea’s original branded content includes
the following podcasts and columns : Crypto Corner , 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
, Exploring
Mining the AI
Eye .
The
Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com,
iHeartRadio and Google Play Music.
Visit the Podcast
page at Investorideas.com:
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 investing involves risk and possible
losses. This site is currently compensated for news publication and
distribution, social media and marketing, content creation and more. 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. Contact management and IR of
each company directly regarding specific questions.
More
disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more
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