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Seven Stars Cloud Updates its Digital Asset Product, Sales and Trading Strategy with '4+4+4' Cloud MatrixNEW YORK, June 5, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), today detailed a more streamlined framework and operational model for its product, trading and monetization categories. As Seven Stars Cloud facilitates the transformation from traditional financial markets into the asset digitization era via Artificial Intelligence and Blockchain driven trading platforms, SSC's "4+4+4" Cloud Matrix will mark a redefining and reorganization of SSC's product categories, strategy and managerial configuration as it is applied to the Company's Digital Asset Product Sales and Trading ecosystem. "4+4+4" will be comprised of as 4 Products Categories, which will trade on 4 Platforms & Exchanges, and be distributed and monetized via 4 Global Partner Networks
Products within these groups represent new digital financial assets that can be used for store of value, application platform-based transactions, supply chain transactions, transaction incentivization, and general payments. By nature, their storage and transactability in the various use cases that they are created for will produce new value and fungibility with other digital assets and in some cases, fiat currency.
Our Digital Asset Trading Platforms represent owned and partner exchanges that will support our Digital Asset Products. These will exist in various sovereign jurisdictions and form exchange groups.
SSC's global partner sales and monetization networks serve as business ventures operated by or in partnership with SSC, that will enable the unlocking of value through fractionalization, tokenization and securitization of assets into digital form. President and Chief Revenue Officer Robert Benya stated, "With the Company's focus on asset digitization accelerating and diversifying, management determined that a more streamlined classification of SSC's products, platforms and networks was in order for both strategy implementation and managerial oversight. With these revisions, along with existing and upcoming trading and distribution partnerships, we are expanding our management capacity and product development to accelerate the Company's continued transformation. The more agile and efficient structure will enable SSC to respond faster to rapidly developing applications for asset digitization, evolving global regulation, and customer & channel demand for tailor-made digital asset solutions." About Seven Stars Cloud Group, Inc. (http://www.sevenstarscloud.com/) SSC is aiming to become a next generation Artificial – Intelligence (AI) & blockchain-powered, fintech service company, focusing on digital asset production and distribution. The Company facilitates and enables the transformation from traditional financial markets into the asset digitization era. SSC acts as the manager and service provider of an ecosystem for securitization and digital currency tokenization as well as trading system integration. Safe Harbor Statement CONTACT: View original content:http://www.prnewswire.com/news-releases/seven-stars-cloud-updates-its-digital-asset-product-sales-and-trading-strategy-with-444-cloud-matrix-300660089.html SOURCE Seven Stars Cloud Group, Inc. |