Blockchain
NetCents Technology Continues to Expand Merchant Base
Vancouver, British Columbia–(Newsfile Corp. – July 24, 2020) – NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTCQB: NTTCF) (“NetCents” or the “Company“), a cryptocurrency payments technologies company, is pleased to announce that it continues to grow its international merchant base and has begun inroads to new merchant industries, notably Business to Business (B2B).
The Company has experienced a rapid geographic diversification of its merchant base in 2020 when compared to 2019. In 2019, 27% of the Company’s merchants were located outside of the United States compared to 67% in 2020 with 81% of new merchants using the merchant gateway located internationally.
Along with the international expansion, as a result of COVID-19 and shifting merchant and consumer demand, the Company has greatly diversified its target merchant industries. Before March, the Company’s merchant base was heavily concentrated in Luxury, Travel, Tourism, and Retail. Over the past five months, the Company has successfully focused its business development efforts on growing its market share in the B2B, Services, and Gaming industries.
As a benefit of these dynamics NetCents has enjoyed a jump in the overall transaction value as the average value of a transaction for these B2B merchants is $25,000 vs. $111. The Company’s average transaction size is now $300, a nearly 300% increase over the same period in 2019. 4.4% of the Company’s transactions exceed $500 and nearly 1% exceed $5,000. The Company expects these numbers to continue to increase as, on average, there is a new B2B merchant added to the platform every other day.
To continue this growth and service these new merchants, the Company has made the following enhancements to its platform in 2020:
- Daily settlements for Enterprise and US-based merchants
- Integration into the ACH network to eliminate the cost associated with merchant settlements for both the Company and merchant
- 1.4 Billion USD credit facility to frontload merchant settlements while allowing the Company to use the merchant order flow as a supply for a short-term crypto portfolio to profit from arbitrage opportunities
- Enterprise Invoicing Suite to equip merchants such as monthly subscription services, agencies, accounting and law firms, telephone bookings and the like with tools that enable them to track their payment cycle when invoicing clientele
- Expanding European operations with the upcoming formation of a wholly owned German subsidiary and banking relationships to support the Company’s growing European merchant base
“There are some long-term trends that were barely visible before the pandemic that have now accelerated because of this new way of doing business,” stated Clayton Moore Founder and CEO of NetCents Technology.
- Alternative Stores of Wealth – “Investors that are worried inflationary stimulus packages on government run currencies are buying assets that aren’t controlled by the government, and have a limited supply.”
- Cashless / Touchless Transactions – “Stores refusing to handle cash is forcing consumers to adopt technologies that we provide.”
- Digital Reserve Currency – “United States opening the discussion about a digital reserve currency supported by the treasury – has amplified a global discussion about digital reserve currencies.”
“The NetCents technology stack has been developed to benefit from all of these trends, and we look forward to solving problems for the hundreds of new clients we are onboarding,” concluded Mr. Moore.
Welcome to the future!
About NetCents
NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC.
For more information, please visit the corporate website at www.net-cents.com
To keep up on the latest – make sure to join the telegram channel http://t.me/NetCents
On Behalf of the Board of Directors
NetCents Technology Inc.
“Clayton Moore”
Clayton Moore, CEO, Founder and Director
NetCents Technology Inc.
1000 – 1021 West Hastings Street
Vancouver, BC, V6E 0C3
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
Blockchain
World Chess and the Algorand Foundation propose leveling the playing field with a “chess passport”

In a whitepaper published today, World Chess (LSE: CHSS) and the Algorand Foundation (ALGO) conceptualize a new blockchain-based system that would establish secure, private, and verifiable credentials for global sports organizations, including chess. Grandmaster Evgenij Miroshnichenko contributed to the paper alongside the Algorand Foundation and World Chess.
The move comes as interest in chess hits a new high, driven by popular television series on Netflix and the BBC, the 2024 awarding of the youngest-ever world chess champion, and the inclusion of chess for the first time in the Esports World Cup later this year.
If adopted, the system would allow chess players to independently manage their identity and credentials across all chess platforms and organizations with a single decentralized ID, and one login credential for everywhere they play. They could then easily “port” their identity, achievements, records of play, rankings, and rewards across online chess platforms, as well as seamlessly from the digital world to in-person games and tournaments. This provides them with a much easier way to prove their identity, no matter their status or documentation; it would also reduce tournament application times significantly. Chess organizations would then be able to welcome even more players to their competitions, including those who have built their chess career solely online, as well as players who have previously only competed in tournaments held by other organizations.
Among other benefits, the adoption of a “global chess passport” would make it much easier for organizers and chess clubs and federations alike to onboard and register players, both online and offline.
Another benefit of the proposed system is to safeguard fair play. As chess becomes increasingly integrated into e-sports and online competitions, the use of AI programs or player fraud (one player representing another) is an increasing concern. Being able to confirm player integrity (including whether they have been banned for cheating on any other platform) ensures credibility of chess contests and competitions. These verifiable credentials also preserve player privacy. They can be used to confirm player eligibility and relevant identity data without providing access to sensitive documentation, such as passports. Finally, identity verification also prevents fraud in tournament payouts. Phishing and other attempts to steal winnings are on the rise; this ensures only the rightful winner can access their prize funds.
“I think that chess needs its version of the global e-version of drivers license. It’s a global game, and using blockchain for the benefit of having one universal independently verifiable ID is something that both players and organizers will certainly benefit from,” says Ilya Merenzon, CEO of World Chess.
“This initiative is not just about chess; it’s about the future of fair play and verifiable achievement across all sports and esports,” said Bruno Martins, principal architect at the Algorand Foundation and co-author of the whitepaper. “Chess has a rich history of proving the usefulness of new technologies. In this case, World Chess is showing the integrity, privacy, and portability of records in any competitive arena is not only possible – it’s in the best interest of every player, everywhere.”
Statista estimates that the market for esports should reach $4.8 billion in 2025, with nearly 900 million players by 2029 (source), all of which could benefit from better cross-platform registration for online and in-person competitions.
The full whitepaper and more information about the proposed open-source system can be found here. Chess platforms, esports organizations and other parties interested in contributing to the project can get involved by contacting [email protected].
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Blockchain
Blaqclouds Board Approves 30-Day Revenue Acceleration and Ecosystem Monetization Plan
Blockchain
Blocks & Headlines: Today in Blockchain – April 23, 2025 – EDPB, Binance, MicroCloud, Nile Coin, TruaBroker

Welcome to Blocks & Headlines, your daily op-ed–style briefing on the most significant developments in blockchain technology and the cryptocurrency industry. Today’s dispatch spotlights landmark privacy guidelines from the European Data Protection Board, Malaysia’s engagement with Binance’s founder to turbocharge digital finance, a groundbreaking blockchain reconstruction solution from MicroCloud Hologram, the impending launch of Nile Coin on Solana by Hyperscale Data’s subsidiary BitNile.com, and Trua’s AI-driven TruaBroker compliance platform. These stories underscore how regulation, infrastructure innovation, token launches, and compliance automation are shaping Web3’s next chapter.
1. EU’s Privacy Guardrails: EDPB Proposes Blockchain Data Access Guidelines
Source: Decrypt
The European Data Protection Board (EDPB) has published draft guidelines aimed at reconciling blockchain’s immutable architecture with GDPR’s privacy mandates. Key directives include avoiding on-chain storage of personal data when it conflicts with Data Protection by Design and by Default, conducting Data Protection Impact Assessments (DPIAs) for high-risk processing, and implementing organizational and technical measures to limit default data access to an “indefinite number of persons” Decrypt.
Op-Ed Insight:These guidelines mark a pivotal moment. By mandating privacy-by-design and off-chain anchoring of sensitive information, the EDPB effectively pressures projects to adopt hybrid architectures—where on-chain transparency coexists with off-chain confidentiality. While defenders of pure decentralization decry potential censorship, privacy advocates hail these guardrails as essential to prevent authoritarian misuse of immutable ledgers. Ultimately, projects that bake data protection into their smart contracts and storage layers will secure both regulatory compliance and user trust.
2. Malaysia Taps Binance’s CZ for a Blockchain Finance Overhaul
Source: Bitcoin News
Malaysian Prime Minister Anwar Ibrahim has initiated high-level discussions with Changpeng Zhao (CZ), Binance’s founder and former CEO, to position Malaysia as Southeast Asia’s preeminent hub for tokenization and digital finance. The dialogue focuses on leveraging blockchain to modernize capital markets, streamline cross-border payments, and foster regulatory sandboxes that attract global Web3 startups Beamstart.
Op-Ed Insight: Engaging CZ signals Malaysia’s ambition to leapfrog legacy financial architectures by importing Binance’s exchange expertise and compliance playbooks. Yet success hinges on crafting balanced regulations that encourage innovation without compromising investor protection. If Malaysia can marry CZ’s technical insights with proactive oversight—such as clear licensing pathways for decentralized exchanges—it could catalyze a shift in regional capital flows from traditional finance hubs like Singapore to Kuala Lumpur.
3. MicroCloud Hologram’s VSS-Powered Blockchain Reconstruction Solution
Source: PR Newswire
MicroCloud Hologram Inc. (NASDAQ: HOLO) unveiled an innovative blockchain reconstruction solution that employs Verifiable Secret Sharing (VSS) technology to split and distribute private key shares across distributed nodes. Four core components—VSS-based key sharding, redundant node storage, dynamic participant verification, and incentive-driven reward/penalty mechanisms—enable rapid, trustless restoration of blockchain data integrity following attacks or node failures PR Newswire.
Op-Ed Insight: As DeFi and on-chain finance proliferate, uninterrupted availability and data consistency have become paramount. MicroCloud’s VSS approach transforms reconstruction from a centralized recovery process into a decentralized protocol, minimizing reliance on any single custodian. This paradigm could redefine disaster-recovery benchmarks: imagine an exploited smart contract whose state is instantly rebuilt through pre-sharded secrets, preserving transactional continuity without manual key escrow.
4. BitNile.com to Launch Nile Coin on Solana Blockchain
Source: GlobeNewswire
Hyperscale Data, Inc. (NYSE American: GPUS) announced that its social gaming subsidiary BitNile.com will launch Nile Coin on Solana on May 1, 2025. Solana’s high throughput and low fees position it as an optimal platform for BitNile’s gaming ecosystems, where Nile Coin will fuel in-game economies, reward completions, and facilitate peer-to-peer transactions. Further details on tokenomics and utility are expected in the coming weeks GlobeNewswire.
Op-Ed Insight: While new token launches are ubiquitous, Nile Coin’s Solana-native design leverages one of the fastest blockchains for scalable micro-transactions—a critical requirement for social gaming. Success will depend on robust token utility, partnership integrations, and community incentives. If BitNile.com can embed Nile Coin across multiple entertainment verticals (e-sports, virtual concerts, NFTs), it could ignite a network-effect flywheel, bolstering both user engagement and on-chain liquidity.
5. TruaBroker: Automating Compliance with AI-Powered Trust Credentials
Source: PR Newswire (via Benzinga)
Trua, a leader in digital trust credentials, launched TruaBroker, a cloud-based platform that automates compliance for broker-dealers and Registered Investment Advisors. Built on Trua’s patented Continuous Evaluation engine, TruaBroker delivers real-time monitoring of FINRA, SEC, and NFA records; identity verification; and continuous credential checks—all without IT integration. Its AI algorithms flag licensing gaps, disciplinary histories, and civil actions, enabling firms to maintain audit readiness and mitigate risk proactively Benzinga.
Op-Ed Insight: In an era when on-chain transactions intersect with regulated financial activities, seamless compliance is non-negotiable. TruaBroker’s model—issuing reusable, verifiable digital credentials anchored by blockchain—offers a blueprint for how KYC/AML processes can evolve into dynamic, trustless workflows. As DeFi platforms eye tokenized securities and on-ramps, integrating similar continuous-evaluation mechanics could become a competitive differentiator, blending self-sovereign identity with regulatory assurance.
Conclusion
Today’s headlines illustrate blockchain’s multifaceted evolution: from regulatory frameworks enforcing privacy and consumer rights, to infrastructure innovations that ensure resilience; from national strategies enlisting industry titans to drive tokenization, to platform launches forging new digital economies; and from compliance automation transforming institutional trust to AI-powered credentialing.
As the space matures, successful projects will be those that:
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Embed privacy and compliance by design—aligning with GDPR and global regulations.
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Invest in self-healing architectures—leveraging cryptographic primitives like VSS.
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Cultivate vibrant token ecosystems—anchored on high-performance chains.
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Adopt continuous, AI-driven governance—bridging the gap between Web3 innovation and traditional financial oversight.
Stay tuned to Blocks & Headlines for incisive commentary and daily updates on the blockchain stories that shape tomorrow’s decentralized future.
The post Blocks & Headlines: Today in Blockchain – April 23, 2025 – EDPB, Binance, MicroCloud, Nile Coin, TruaBroker appeared first on News, Events, Advertising Options.
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