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New Fintech Markets set to Grow as use of Technology Continues to Spread
[February 06, 2018]

New Fintech Markets set to Grow as use of Technology Continues to Spread


NEW YORK, February 6, 2018 /PRNewswire/ --

According to a report from Research and Markets, the global blockchain market was value at US$0.297 billion in 2017 and is projected to reach a total market size of US$4.401 billion by 2022, at a compound annual growth rate of 71.46 percent during the forecast years. Blockchain is the technology used for verifying and recording transactions. Increasing development of blockchain technology in various sectors continue to drive the growth of Market. On Monday, Singapore airline announced the launch of a blockchain-based airline loyalty digital wallet to allow KrisFlyer members to spend their air miles at retail partners for point-of-sale transactions. This is the first blockchain application in the airline sector. Global Payout, Inc. (OTC: GOHE), BTCS Inc. (OTC: BTCS), Global Arena Holding, Inc. (OTC: GAHC), Tapinator, Inc. (OTC TAPM), Digatrade Financial Corp. (OTC: DIGAF)

Last week, the European Union also launched new initiative to explore the uses of the blockchain technology. According to a statement from the European Commission, it has launched the EU Blockchain Observatory and Forum. Vice-President for the Digital Single Market Andrus Ansip said, "Technologies like blockchain can help reduce costs while increasing trust, traceability and security. They have huge potential for making social and economic transactions more secure online by guarding against an attack and removing the need for any middleman. We want to build on Europe's substantial talent base and excellent startups to become a leading world region that will develop and invest in the rollout of blockchain."

Global Payout, Inc. (OTC: GOHE) yesterday the company announced, "the appointment of Bill Rochfort, as President & EVP Sales to its newly formed logistics subsidiary, SecurCapital Corp. headquartered in Los Angeles, a leading international commerce gateway. SecurCapital will focus on logistics supply chain finance services introducing a disruptive "one-click solution" offering Fintech and Blockchain services in the underserved trillion-dollar logistics marketplace.

 "We're very excited to have Bill join our senior team of logisticians at SecurCapital at this pivotal time as the company launches its SecurCloud Platform," said Global Payout CEO, James Hancock. "Clearly, there has been a monumental paradigm shift in the underserved supply chain finance industry attempting to incorporate a wide breath of Fintech and Blockchain alternatives. Traditional financial institutions are not positioned to serve the industry payment requirements for secure access, integrated foreign exchange, speed, international payments or access to adequate working capital. Leveraging years of international finance experience, Bill will be instrumental in driving the SecurCapital value proposition to our customers," Hancock added.

"This is just an extraordinary time to merge innovations for security, speed, access to capital and cost savings within our Fintech platform with the global logistics industry," said Bill Rochfort. "We are very excited to launch the SecurCloud Platform as a first to market innovative Supply Chain Finance solution. Research shows that there is not only a lack of innovation, but also a lack of understanding of what Fintech is and its potential impact on logistics," said Rochfort.

Bill Rochfort is a 25-year Fintech industry veteran experienced in freight payment, foreign exchange, e-wallet platforms and global banking. He was an early adopter of cloud architecture and an officer with Premier Global Services, Intermedia, Sprint and Cbeyond.

The SecurCloud Platform ("SCP"), which the Company has developed through the technology available in its Consolidated Payment Gateway ("CPG"), is a fully configurable, "banking-in-a-box" cloud-based platform. The overall design is a "closed proprietary ecosystem" (e.g. intranet) so that each client has maximum control and security over any internal employees, partners, vendors, and contractors for bilateral payments and improved security."

BTCS Inc. (OTCQB: BTCS) is an early entrant in the Digital Asset market and one of the first U.S. publicly traded companies to be involved with Digital Assets and blockchain technologies. Subject to additional financing BTCS plans to create a portfolio of digital assets including bitcoin and other "protocol tokens" to provide investors a diversified pure-play exposure to the bitcoin and blockchain industries. BTCS announced on August 21st, that it signed a non-binding Letter of Intent ("LOI") to merge with Blockchain Global Limited ("BCG"), an Australian blockchain company.



Global Arena Holding, Inc. (OTC: GAHC) recently announced that the company officially engaged HCAS Technology Inc. (HCAS) to provide software development services and infrastructure technology to its operating subsidiary, Global Election Services (GES), as well as name a former Senior Business Leader of Information Security for Visa Inc., as the Company's Chief Information Officer. John Matthews, the CEO of GAHC said, "It has been an honor to work with the HCAS team over the past year as we redeveloped our election technology. Today marks a turning point in our growth as HCAS and Mr. Rodriguez are committed to completing the development of our proprietary hardware and software systems for elections using Blockchain Technology."

Tapinator, Inc. (OTCQB: TAPM) announced earlier in January the formation of a new subsidiary, Revolution Blockchain, LLC, to develop and publish distributed apps and games that leverage blockchain technology. Revolution Blockchain's first product is currently under development and scheduled to launch in the second quarter of this year. This product will leverage blockchain technology for both payment (i.e. the purchase & sale of virtual assets) and the storage of these assets via non-fungible tokens that live on the blockchain. The new subsidiary has also completed an initial private placement for $100,000 with an individual accredited investor resulting in the issuance of membership interests that are convertible into Tapinator's common stock at a price of $0.25 per share.  


Digatrade Financial Corp. (OTCQB: DIGAF) on February 1st reported a shareholder update, according to which the Company has decided not to proceed with the Digafund21 ICO as previously announced September 28, 2017. Upon completion of our regulatory compliance review, it is the determination of the Board and Digatrade legal counsel that the Digatrade Digafund21 ICO token would be considered a security as defined by the Securities Exchange Commission "SEC" and the British Columbia Securities Commission "BCSC". CEO Brad Moynes reports: "as an already existing reporting issuer, we will pursue traditional financing methods (subject to regulatory approval) on an exempt or fully registered basis to accredited investors".

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