Blockchain
Brian Cox, CEO and Chairman of Surge Holdings is Featured in an Exclusive New Series of Interviews at SmallCapVoice.com
AUSTIN, Texas, Dec. 10, 2019 (GLOBE NEWSWIRE) — SmallCapVoice.com (SCV) and Surge Holdings, Inc. (“Surge”)(the Company) (OTC.QB:SURG), developer of the SurgePays™ Network for convenience stores, bodegas and community markets that provide products to the underbanked, today announced that Company Chairman and CEO, Brian Cox, is featured in a new audio interview series at SmallCapVoice.com.
The interviews can be heard at: https://www.smallcapvoice.com/surge-holdings-surg-surgepays-marketplace-network/.
Brian Cox called in to SmallCapVoice.com to provide the SURG shareholders and the SCV listening audience with an overview of the business model and markets the Company operates in. In the interview, Cox outlines the immense opportunity his company has to serve 35% of the US population who comprise the underbanked market. These are consumers that face a credit challenge or lack access to traditional banking. These nearly 100 million consumers lack the ability to shop at an Amazon for example due to their credit issues. SURG reaches their consumers directly at the financial heartbeats of their communities: the corner stores, markets, tiendas, etc. These consumers represent the “last digital frontier” and Cox and his team have been tapping into this market for the last 20 years.
In addition, Cox was able to provide the listeners with his personal insights into the recent completion of the asset purchase of the ECS Prepaid business, Electronic Check Services business and the Central States Legal Services business (collectively, “ECS”). Cox stated, “Obviously the annual revenue of nearly $50 million for ECS is what jumps off the page, but the real value (with ECS) is the 9,800 convenience stores and the 160 salespeople that service those stores that we have now added. We can now go to these nearly 10,000 locations and offer them not only the ability to take payments and do activations for our own wireless company, Surge Phone Wireless, we can also offer them multiple categorized hot selling products like CBD products, bagged snacks, and t-shirts. All we have to do is increase sales per store by $1,000.00 a month, that scales the revenue of $50 million, that ECS is already doing up to $150 million. Now to put that in perspective, our goal is here is to be is 150,000 stores as quickly as we can. This a great time to go on the record with the knowledgeable listeners at SmallCapVoice.com. We have an extremely compelling story to tell right now given the tremendous progress we have already made and the important steps that lie in front of us as we break into this enormous market opportunity.”
About Surge Holdings, Inc: Surge Holdings, Inc. leverages its wholly owned subsidiaries, value driven Prepaid Wireless and Fintech products, to build relationships with convenience stores, bodegas, tiendas and community markets that serve the 35% of the people living in the United States classified as underbanked. Once the retail store is onboarded to the SurgePays™ Marketplace Network and the trusted profit partnership is established, Surge facilitates the sale of other consumable products through the SurgePays™ Marketplace by connecting manufacturers directly to these retail stores. The SurgePays™ Marketplace is built on Blockchain Technology and has created a new sales channel that disrupts the traditional c-store distribution and products sales model by providing local retailers direct access to regional manufacturers from around the country. For more information on Surge Holdings and its subsidiaries, please visit: https://surgeholdings.com.
About SmallCapVoice.com, Inc.
SmallCapVoice.com, Inc. is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies, small cap and micro-cap stocks build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, podcasts, as well as its clients’ financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks in which they are interested. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and its services, please visit http://smallcapvoice.com/the-small-cap-daily-small-cap-newsletter/.
Socialize with SmallCapVoice and their clients at;
Facebook: https://www.facebook.com/SmallCapVoice/ Forward Looking Statements
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company’s reports filed with the U.S. Securities and Exchange Commission. The forward-looking information provided herein represents the Company’s estimates as of the date of the press release, and subsequent events and developments may cause the Company’s estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release.
Investor Contact: For SmallCapVoice.com: SOURCE: SmallCapVoice.com
Twitter: https://twitter.com/smallcapvoice
Instagram: https://www.instagram.com/smallcapvoice/
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Tel: 212-671-1020
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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