Blockchain
Vinergy to Invest in the Crypto Exchange Business
Vancouver, British Columbia–(Newsfile Corp. – April 22, 2021) – Vinergy Capital, Inc. (CSE: VIN) (OTCQB: VNNYF) (FSE:1V70) (“Vinergy” or the “Company”) , a capital allocator in high growth and high impact public sectors, is pleased to announce that it has commenced negotiations. The initial acquisition contemplates a 25% equity position in an American FinTech Company controlling the Intellectual property, licensing rights, and operational ownership of the CoinTraders app and www.cointraders.io. The Company is currently developing the International Crypto Exchange to operate from the Bahamas and have the full operational launch during Q3 2021. The Platform, upon launch, will only onboard non-US investors and will only list Cryptocurrencies and Utility Tokens on the exchange.
Expected Features of the Platform include:
- Fully featured exchange order book allowing users to trade cryptocurrency, utility tokens, and blockchain-backed security tokens.
- Trades are instantly settled as opposed to the industry standard 2-day clearing period.
- 24/7 trading markets with zero commissions
- No deposit or withdrawal limits
- Fast and easy KYC onboarding
- Intuitive and user-friendly interface available on iOS & Android
- High Performance – 10M + Transactions per Second
- Secure
“We are very pleased with the progress made with our first investment, which is on track to solidify themselves as a trusted online exchange that trades security tokens, cryptocurrencies, and utility tokens, and we believe they will capture a large portion of the growing market,” said Vinergy CEO Todd Violette. “This exchange will allow for trading of both utility and security tokens. At the moment, there is no dominant platform for trading security tokens, and this market alone is forecasted to reach a $2 trillion valuation by 2030,” continued Todd Violette, Vinergy CEO.
In consideration for the purchase of the 25% of equity ownership, Vinergy may issue up to 5,000,000 common shares of Vinergy and cash payments of up to USD 500,000. In conjunction with the closing of the investment, Vinergy may also pay a finder’s fee to an arm’s length party. All securities issued connected with the investment in Vinergy will be subject to a four-month-and-one-day statutory hold period per applicable securities law. Upon completing the acquired equity position, Vinergy shareholders will be directed to the Apple App Store and Google Play to download the app.
Completion of the investment is subject to several conditions, including, but not limited to, completion of due diligence, negotiation of definitive documentation, and the receipt of any required regulatory approvals. The proposed investment is not expected to constitute a fundamental change for the Company, nor is it expected to result in a change of control of the Company, within the meaning of applicable securities laws and the policies of the Canadian Securities Exchange.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
Vinergy Capital Inc.
Alnoor Nathoo, Chairman of the Board
Email: [email protected]
Cautionary Statement Regarding “Forward-Looking” Information
The forward-looking information contained in this press release is made as of the date of this press release and, except as required by applicable law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by law. By its very nature, such forward-looking information requires the Company to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity, and achievements to differ materially from those expressed or implied by such information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/81359
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.
Bybit
-
Blockchain5 days ago
50,000+ Mined Coins and 100,000 New Users: EMCD Summarizes 2024
-
Blockchain5 days agoBlocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
-
Blockchain Press Releases4 days agoBybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
-
Blockchain7 days agoBuilding Bridges in Crypto: Bybit Sparked Dialogues and Joined Industry Leaders at Bitcoin MENA
-
Blockchain Press Releases5 days agoFlipster Achieves ISO/IEC Certification
-
Blockchain Press Releases6 days agoDubai Police Team Triumphs at KuCoin Sponsored 2024 Dubai Open Gov Padel Cup
-
Blockchain6 days agoBureau raises $30M Series B as global fraud losses hit $486B
-
Blockchain Press Releases5 days ago
KuCoin’s “Light Up Africa” Donation Ceremony Held in Ghana, Benefiting 36,000 African Children
