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Epazz Holdings: ZenaTech, Inc., Had a Successful Autonomous Flight Test of Its Patent-Pending Drone Mobile App; GreenHeart Hemp CBD to Be First Customer to Use ZenaDrone on a Regular Basis for Its Hemp Farms

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The Drone mobile app will be released to the Apple Store and the Google Play Store this summer

Chicago, Illinois–(Newsfile Corp. – April 20, 2021) – Epazz Inc. (OTC Pink: EPAZ), a leading provider of drone technology, blockchain mobile apps and cloud-based business software solutions, has announced that its holdings, ZenaTech, Inc., has completed a successful autonomous flight of its patent-pending drone using the company’s drone software, which will be released to the Apple Store and the Google Play Store this summer. To view the video of autonomous flight test, click here: https://www.youtube.com/watch?v=sXt9fRFOZWQ.

Next month, we will be heading to Ireland to begin beta testing and proving the drone on GreenHeart Hemp CBD farms. The drone will use its sensors to collect data on the fields. Hemp is a cash crop; the data collected will allow the farmers to maximize their production, thereby increasing revenue. We believe farmers will be able to pay off the cost of the drone and service within the first year.

The ZenaDrone 1000 will be a workhorse for hemp farms, with multiple functions and features to scan fields and remove male hemp plants to double female hemp production. The feedback we receive from our trip to Ireland will provide us with an opportunity to extend our technology to include tracking livestock and testing soil samples.

Additionally, the ZenaDrone can provide 24/7 coverage for livestock and wildlife protection. The ZenaDrone’s multispectral sensors can be modified to create a tracking system for each animal. Although further research and development are required, the company believes that facial recognition technology can be used on animals.

Dr. Shaun Passley, CEO of Epazz and ZenaPay, said, “The charging pad is key to autonomous drone activities. We believe the technology can be licensed to other drone companies, but for now, the charging pad will be available for ZenaDrone. Our agreements with pre-order customers will demonstrate the benefits of the ZenaPay Autonomous Drone Farming Software and the efficiency gained from tracking plant growth from seed to harvest.”

If you are interested in pre-ordering our ZenaDrone farm solution, please visit www.zenadrone.com.

Epazz provides daily updates on the company and the drone’s development on its Twitter page at https://www.twitter.com/epazz.

About ZenaTech, Inc. (www.zenadrone.com)

ZenaTech, Inc., is a drone that provides a smart hemp farming solution that monitors the plant life cycle from growth to sale. In accordance with government regulations for quality assurance measures, ZenaPay tracks, monitors and calculates plant life cycles in real time, providing accurate data extraction for management and auditing reports and certifying the plant life cycle from its inception to its targeted purpose.

About Epazz Inc. (www.epazz.com)

Epazz Inc. is a leading cloud-based software company that specializes in providing customized cloud applications to the corporate world, higher-education institutions and the public sector. Epazz BoxesOS™ v3.0 is a complete business web-based software package for small- to mid-size businesses, Fortune 500 enterprises, government agencies and higher-education institutions. BoxesOS provides many of the web-based applications organizations would otherwise need to purchase separately. Epazz’s other products are DeskFlex™ (room scheduling software) and DeskFlex™ (an applicant-tracking system).

SAFE HARBOR

This is the “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by the use of forward-looking words such as “may,” “expect,” “intend,” “estimate,” “anticipate,” “believe” and “continue” (or the negatives thereof) or similar terminology. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual results may differ materially from those contemplated by such forward-looking statements. Epazz Inc. assumes no obligation and has no intention of updating these forward-looking statements, and it has no obligation to update or correct information prepared by third parties that is not paid for by Epazz Inc. Investors are encouraged to review Epazz Inc.’s public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its OTC markets filings, which contain general business information about the company’s operations, results of operations and risks associated with the company and its operations.

For more information, please contact:
Investor Relations
[email protected]
(312) 955-8161
www.epazz.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/80954

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety

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The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.

The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.

Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.

Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.

Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.

Source: blockchain.news

The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.

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Blockchain

Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration

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Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.

The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.

Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.

The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.

In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.

Source: blockchain.news

The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.

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Blockchain

Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development

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The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.

Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.

By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.

Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.

The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.

Source: cryptonews.com

The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.

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