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NetCents Technology Provides Cryptocurrency Merchant Gateway Technology Advancement Update

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Vancouver, British Columbia–(Newsfile Corp. – October 21, 2022) – NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTC: NTTCF) (“NetCents” or the “Company“), a cryptocurrency payments company, is pleased to provide an update regarding technology advancements of the Company’s cryptocurrency merchant gateway.

The Company has made advancements in its key infrastructure and technology, ensuring the platform is future-proofed for continued growth and scale with a focus on critical areas, including scalability, automation, security, DeFi, and data analysis with a focus on platform cost reduction.

Scalability and automation have been key focus areas around all technology advancements within the system. In addition to utilizing microservices, the Company began dockerization, providing increased platform flexibility and optimization. Through dockerization, the Company implemented a container strategy allowing the platform to become cloud agnostic and automatically increasing and decreasing the Company’s infrastructure according to current demand.

Through these improvements and the implementation of elastic data models, the Company has optimized its capacity by over 25%, moving its infrastructure to a demand-based model. This allows the company to continue its currency merchant and processing volume growth without the requirements of continually increasing its costly storage infrastructure and are expected to decrease the Company’s overall costs.

The enhanced capacity and addition of microservices, along with the ability to scale the platform infrastructure up or down based on demand, have given the Company the capability to add over 1,000 cryptocurrencies to the platform with minimal costs and development resources. While the Company can now add all these cryptocurrencies, it intends to continue its currency offering focus on leading coins with market depth, demand, and demonstrated history of driving large volumes of merchant transactions while keeping the platform streamlined and intuitive to use. The capacity provides the ability to remain nimble and capitalize on emerging demand in a timely and cost-efficient manner.

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In addition to scalability and automation, the Company has focused its resources on improving and enhancing platform security using cutting-edge technologies in all aspects of the Company platforms. The Company has optimized its wallet workflow to minimize transaction costs and maximize the efficiency of the internal transfer and settlement of cryptocurrency using a hybrid architecture of solutions, including multi-party computation technology.

The Company has also upgraded its software and hardware across all aspects of its infrastructure to increase its protection of the platform from various online cyber security threats ranging from phishing attempts and ransomware attacks to distributed denial of service (DDoS) exploits and Internet of Things (IoT) botnets.

In addition to online security, the Company has also shored up its infrastructure from physical dangers, including natural disasters such as fires and floods, civil unrest, utility outages, and theft or vandalism of hardware assets through a multi-cloud strategy, reducing potential business disruption.

To make educated strategic decisions for the future of NetCents, the ability to access and interpret data is vital. Through the merchant gateway, the Company collects a myriad of data points on every transaction, payment, sign-up, and account update, providing incredibly detailed insights into all aspects of the business, overall market indicators, and merchant and consumer behaviour. The Company has implemented an open-source data analytics platform to collate and interpret this data meaningfully. This insight allows all the departments within the Company – including accounting, marketing, technology, and customer service – to make critical business and revenue-driving decisions. As part of the data analysis initiative, the Company continues to add additional features and components to automate manual internal processes in relation to reporting.

A cost centre for the Company is the maintenance of its technology infrastructure. With these upgrades and integrations, the Company has reduced the cost and maintenance of this infrastructure by integrating various services and automating workflows ranging from settling transactions with liquidity providers, balancing wallets, and maintaining network latency for incoming transactions. These upgrades have decreased staffing time and resources to support the infrastructure, nodes, and servers.

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In addition to short and mid-term platform advancements, the Company has also focused on future-proofing the platform. As well as the ability to add and remove coins on demand, the upgrades to the system open new possibilities for integrating DeFi protocols into the NetCents ecosystem. DeFi, decentralized finance, uses emerging technology to remove third parties and centralized institutions from financial transactions. DeFi eliminates the fees banks and other financial institutions charge for using their services. Individuals hold funds in a secured digital wallet, can transfer funds in minutes, and can be used by anyone with an internet connection. The Company has identified several strategic key components that can be used within the NetCents ecosystem, which would allow our merchants to benefit and earn yield from cryptocurrency utilizing DeFi protocols.

As of this press release date, the Company is subject to a cease trade order. The following financial statements are outstanding: audited annual financial statements for Fiscal 2020, interim financial statements for the three months ended January 31, 2021, interim financial statements for the six months ended April 30, 2021, interim financial statements for the nine months ended July 31, 2021, audited annual financial statements for Fiscal 2021, interim financial statements for the three months ended January 31, 2022, and interim financial statements for the six months ended April 30, 2022.

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].

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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

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This release includes certain statements that may be deemed “forward-looking statements” within the meaning of applicable Canadian securities laws (“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. 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 information contained in this press release may include, without limitation, timing of finalizing and filing of the Company’s financial statements, expected growth and success of the Company, improved performance of the Company as a result of the technology advancements, continued growth of the Company’s merchants without increased costs, Company’s intention to limit currency offerings to leading coins, ability to continue to decrease costs, ability to leverage DeFi in the Company’s ecosystem successfully in the future.

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 and assumptions 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, the Company’s ability to attract and retain skilled personnel and directors; and the ability of management to execute strategic goal.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to those risks described in the Company’s annual and interim MD&As and in its public documents filed on www.sedar.com from time to time. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/141296

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

Blocks & Headlines: Today in Blockchain – May 28, 2025 (Angermayer, Soneium, ASIC, Guo, DMG)

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blocks-&-headlines:-today-in-blockchain-–-may-28,-2025-(angermayer,-soneium,-asic,-guo,-dmg)

 

Blockchain technology and cryptocurrencies continue to evolve at breakneck speed, driving new partnerships, regulatory battles, service launches, and environmental innovations. Today’s briefing highlights five pivotal developments:

  1. Christian Angermayer’s investment in Uranium Digital, signaling a shift toward tokenized commodities.

  2. Sony’s Soneium launch, embedding Web3 into entertainment via a layer-2 blockchain.

  3. ASIC’s lawsuit against a former Blockchain Global exec, underscoring regulatory scrutiny over exchange failures.

  4. Cointelegraph’s coverage of civil proceedings against Liang “Allan” Guo, reinforcing Australia’s hard line on director accountability.

  5. DMG Blockchain’s carbon-neutral Bitcoin transactions, blending green initiatives with custody services.

We’ll unpack each story with concise coverage, opinion-driven commentary, and “Source” attributions—arming you with context and SEO-rich keywords like blockchain, cryptocurrency, Web3, DeFi, and NFTs.


1. Christian Angermayer Backs Uranium Digital’s Tokenized Commodities

Summary: Christian Angermayer, the German biotech billionaire and prominent crypto investor, has joined Uranium Digital as a strategic investor and advisor—aiming to bring uranium trading onto blockchain rails and open commodities markets to tokenized liquidity .

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Analysis & Commentary:
Angermayer’s move represents a pivotal moment for asset tokenization, blending commodity markets with DeFi liquidity. By leveraging blockchain’s transparency and fractional ownership, Uranium Digital could democratize access to a market historically reserved for large institutional players. However, regulatory frameworks for nuclear materials are stringent—navigating cross-border compliance will be as critical as the technical on-chain architecture. This partnership may set a precedent for other “hard asset” tokenization ventures seeking both capital and credibility.

Source: Fortune/Yahoo Finance


2. Sony’s Soneium: A Layer-2 Web3 Revolution for Entertainment

Summary: Sony’s new layer-2 blockchain, Soneium, launched in January 2025 to facilitate fast, low-cost transactions for gaming, NFTs, and creator economies. Built on Ethereum’s OP Stack, it has processed over 70 million transactions and hosts 62 dApps, including partnerships with Bandai Namco and Gaudiy.

Analysis & Commentary:
With Soneium, Sony is not just experimenting with blockchain; it’s reimagining digital ownership in entertainment. By targeting high-volume use cases—gaming items, fan tokens, event ticketing—Sony leverages its brand authority to accelerate Web3 adoption. Yet mainstream uptake hinges on seamless user experiences: integrated wallets, intuitive NFT management, and clear value for collectors. If Sony can mask blockchain’s complexity behind familiar interfaces, Soneium could become the template for corporate-led Web3 platforms.

Source: CCN

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3. ASIC Sues Former Blockchain Global Exec Over $20M in Claims

Summary: The Australian Securities and Investments Commission (ASIC) filed civil proceedings against former Blockchain Global director Liang “Allan” Guo for allegedly misusing over A$20 million of ACX Exchange customer funds and breaching directors’ duties.

Analysis & Commentary:
This lawsuit highlights the regulatory imperative to protect retail crypto investors. As exchanges fail, the lack of segregated custodial accounts leaves users exposed to directors’ mismanagement. ASIC’s aggressive stance sends a clear signal: exchange governance and financial controls are non-negotiable. Blockchain firms must prioritize transparent accounting, regular audits, and robust compliance frameworks—or risk severe legal consequences.

Source: Decrypt


4. Australian Regulator Takes Guo to Court: Cointelegraph’s Perspective

Summary: Cointelegraph reports ASIC’s civil case against Allan Guo, focusing on alleged false statements and improper fund co-mingling at ACX Exchange, which left over A$22.7 million in creditor claims.

Analysis & Commentary:
Cointelegraph’s coverage underscores a broader trend: jurisdictional enforcement is catching up with crypto’s borderless nature. By spotlighting both Guo’s departure from Australia and the court’s pursuit, the story reinforces that geographical escape won’t shield executives from liability. Going forward, global crypto platforms must embed compliance in governance structures rather than treating it as an afterthought.

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Source: Cointelegraph


5. DMG Blockchain Enables Carbon-Neutral Bitcoin Transactions

Summary: DMG Blockchain Solutions, via its subsidiary Systemic Trust Company and Terra Pool, now offers regulatory-compliant, carbon-neutral Bitcoin transactions using Fireblocks custody infrastructure and green energy-backed mining pools.

Analysis & Commentary:
By integrating carbon-neutral protocols into custody and settlement, DMG addresses the sustainability critique of Bitcoin. Financial institutions increasingly demand ESG-aligned crypto services; DMG’s offering could capture that market. The challenge lies in quantifying and auditing green claims, ensuring the offset mechanisms are transparent and verifiable. If DMG nails this, carbon-neutral Bitcoin may shift from niche demand to mainstream expectation.

Source: GlobeNewswire


Conclusion

Today’s stories illustrate how blockchain’s frontiers—from tokenized commodities and corporate Web3 platforms to regulatory crackdowns and green coin initiatives—are rapidly expanding. Key takeaways:

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  • Tokenization’s next wave: Hard assets like uranium may redefine DeFi’s scope.

  • Enterprise blockchains: Sony’s Soneium could blueprint corporate-run layer-2 networks.

  • Regulatory rigor: ASIC’s actions against Guo reinforce that compliance and fund segregation are mandatory.

  • Sustainable crypto: Carbon neutrality in Bitcoin transactions is evolving from buzzword to business imperative.

Stay tuned for tomorrow’s Blocks & Headlines, where we’ll bring you the latest strategic partnerships, technological breakthroughs, and policy updates driving the blockchain revolution.

The post Blocks & Headlines: Today in Blockchain – May 28, 2025 (Angermayer, Soneium, ASIC, Guo, DMG) appeared first on News, Events, Advertising Options.

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Streamex and BioSig Announce the Successful Closing of Share Exchange Transaction and Executive Leadership Changes Bringing a First-Mover Real World Asset Tokenization Company to the Nasdaq

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USA Tariffs and Impact on E-Commerce, Payments, and Cross-Border Trade Analysis Report: Chinese Cross-border Sellers are Struggling with Rising Costs

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