Blockchain
NetCents Technology Provides Corporate Update
Vancouver, British Columbia–(Newsfile Corp. – January 25, 2021) – NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTCQB: NTTCF) (“NetCents” or the “Company“), a cryptocurrency payments company, would like to provide a corporate update.
“We deeply appreciate your continued support as we work through this pandemic and paradigm-shift in how business is conducted. To say this year taught us a lot is an understatement. Our move to remote working was not as flawless as we would have liked, especially given that we already lived in what we thought was a digitized world,” said Clayton Moore, Founder and CEO of NetCents Technology. “COVID-19 led to an unprecedented abrupt remote work transformation with challenges in communication and productivity at scale that had never been anticipated as the pandemic ushered in a shift to remote work overnight.”
According to recent research, nearly all CIO’s-95%-reported that their organizations have been bogged down by inefficiencies since the COVID-19 pandemic accelerated a shift to a remote workforce. Sending employees to work from home in such a short timespan opened up new organizational challenges in corporate communication and a steep learning curve when it comes to setting employees up for success as they work from home. This has created an urgent need to push through initiatives that were once part of multi-year digital transformation programs. The sudden shutdown and the resulting hybrid work environment exposed technology and work flow gaps in organizations that require more investment in the coming months.
“We’ve had a lot to learn when it comes to setting employees up for success as they work from home,” added Mr. Moore. “As the pandemic has continued far longer than anticipated, we continue to identify issues and communication breakdown as they are identified and implement processes and procedures to mitigate them in the future.”
COVID-19 has completely upended how many businesses operate, leaving leaders scrambling to adjust to ‘new and different modes of work’1-and keep their employees happy and thriving through it all. To mitigate against future disruptions, such as the rapid transition to remote work resulting from COVID-19, companies will look to invest in new technologies and seek added capability from existing tools to accelerate their processes to digital transformation.
“While many aspects of NetCents have been thriving throughout this pandemic, like most companies, there have been some breaks,” concluded Mr. Moore. “Even though our product was built for this and this transition, many of the things we’ve been trying to solve for as a Company have intensified during this time – always-on hours, constant notifications, fragmented tools, and unfortunately, some areas of collaboration have fallen through the cracks. We’re hyper focused on implementing processes and procedures to address these issues and transform how remote work happens. Through this learning process, we think we better understand our employees and customers’ needs and are well positioned to evolve accordingly.”
The Company is in the process of hiring an additional Compliance executive that will help reduce the workload on a team that has been stretched thin by the rapid growth the Company has seen through its platform in 2020.
Management looks forward to updating investors on the many positive developments that are expected for the first quarter.
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 or contact Investor Relations: [email protected].
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.
1 https://www.mckinsey.com/business-functions/organization/our-insights/covid-19-and-the-employee-experience-how-leaders-can-seize-the-moment#
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/72716
Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.
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