Blockchain
Quantum International Corp. (QUAN) Provides Corporate Updates and Information on the Sale of the LootUp App.
Denver, Colorado–(Newsfile Corp. – June 7, 2023) – Quantum International Corp. (OTC PINK: QUAN), an app development company employing a group of highly specialized developers from around the world, has completed building two apps in the FinTech and Technology industry. Today the Company is providing corporate updates and information on the sale of the LootUp App.
The LootUp App has been completed and is being sold to LootUp, Inc. for $10,000,000.00 with a $100,000.00 due and payable August 31, 2023 and monthly payments of $100,000.00 or more per month thereafter until fully paid. The CannaLootUp App, developed specifically for the legal Cannabis industry, is still being tested and should be operational in the near future, at which point it will also be sold to LootUp Inc.
The company has already started working on its next suite of exciting AI Apps in the Communication, FinTech and Technology industry and will update on progress soon.
QUAN has defined what makes the LootUp Apps different from other Payment Apps like Venmo and CashApp, which are uninsured, hold custody of your funds, have no privacy, and are inaccessible to most of the world and current crypto applications which require long strings of letters and numbers and don’t allow for communication between the parties of the transaction.
QUAN states that the LootUp App plans to solve the issues that traditional and crypto markets are lacking by creating a secure, private, non-custodial, p2p payment platform geared towards mainstream adoption and based upon decentralized global reserve (DGR). Our vision was to create the mechanisms to become the first globally adopted decentralized payment platform, self-regulated, and backed by digital asset.
“We are very excited about sale of the LootUp App to LootUp, Inc. The App will have the look and feel of a normal payment app, but better! Our team has worked tirelessly to complete the new App and we are pleased with the results. Now it’s time to get to work and finish testing the CannaLootUp App, then the development of our suite of AI Apps. I want to thank our entire team for their efforts in completing the project” stated CEO Justin Waiau.
Follow us on (@QuantumintlCorp), Instagram and (@QuantumintlCorp}
Welcome to a New Era of App development.
Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although Quantum International Corp believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Quantum International Corp is unable to give any assurance that its expectations will be attained. Factors or events that could cause our actual results to differ may emerge, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Justin Waiau
[email protected]
bybit lucky
Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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