Blockchain
NetCents Technology Announces Partnership with His Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum and UAE PSP Licensing Authorities
Vancouver, British Columbia–(Newsfile Corp. – July 5, 2022) – NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTC: NTTCF) (“NetCents” or the “Company“), a cryptocurrency payments company, is pleased to announce our partnership with His Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum through his private office Shaikh Mohammed Maktoum Juma Al Maktoum Investment (MBM).
Under the leadership of His Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, over the past nine months, MBM has assisted the Company with local onshore sponsorship and licensing in the United Arab Emirates (UAE). MBM worked with NetCents to meet the qualifications and regulations laid out by the Dubai Economic Department and the Central Bank of the UAE.
“We thank NetCents Technology in choosing us as their local partner, and we wish this Joint Venture NetCents Payment Service Provider LLC, Dubai, success and growth in the region,” stated His Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum.
The Company is pleased to announce that it has obtained Dubai Economic Department PSP licensing and the blessing and review of the Central Bank of the UAE to conduct business.
MBM consistently identifies opportunities that add value and benefit the UAE economy. This partnership is no different, as MBM will play a significant role in extending the Company’s reach and influence in the region. There are very few licensed cryptocurrency businesses operating within the UAE. Interest in cryptocurrency is growing in the region, and many experts believe that Dubai will become the next global cryptocurrency hub.
About MBM Groups
Established in 2006, MBM Group is a Dubai-based Royal family office and investment holding company with activities in investments, strategic advisory and social and community development. Initially growing into the UAE market as a venture capitalist, MBM now shows its leadership and expertise in sports consultancy, healthcare, education, oil & gas services, real estate and special situations. Being a member of the Royal family, MBM’s business policy is vigilant regarding opportunity assessment, project initiation, innovation techniques and partnerships with multinational corporations.
With the leadership of His Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, MBM has reinvented itself as a sophisticated family office that caters to clients all over the globe and welcomes synergies with international corporations in the Middle East.
About Us
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.
350 – 375 Water Street
Vancouver, BC, V6B 5C6
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 including without limitation, expected growth and success of the Company. 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
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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.”
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