Wednesday, February 28, 2018

Epazz, Inc. (EPAZ) Acquires Bitcoin Altcoins Tracker, Announces Impending Release of CryptoFolio Update and New ZenaPay Features

  • Company recently acquired Google Play Store app ‘Bitcoin Altcoins Tracker’
  • New app enables tracking and support for 1,600+ cryptocurrencies and conversion into 50+ native currencies
  • New features announced for ZenaPay; new version announced for CryptoFolio
Continuing a strong year that has already been marked by various notable developments, Epazz, Inc. (OTC: EPAZ) announced on February 20 (http://nnw.fm/11ihH) that it has acquired ‘Bitcoin Altcoins Tracker’, an app that’s currently available for download on the Google Play Store (http://nnw.fm/Vo5pS). This further expands the company’s robust portfolio of blockchain apps.
The Bitcoin Altcoins Tracker app, currently sold for $2.49 per download, is able to track and support more than 1,600 cryptocurrencies and offers conversion into more than 50 native currencies.
Features of the app are expected be included in Epazz’s CryptoFolio blockchain mobile app, which the company acquired in January (http://nnw.fm/t6ZBY), and a new version of CryptoFolio is scheduled to be released on May 30. This new version is set to include all features from Bitcoin Charts and Bitcoin Altcoins Tracker, with the combined app offered in a free edition (supported by advertisement revenue) and a paid edition that will be sold for $2.49. There will also be an option for users to purchase additional features, ranging in price from $1.99 to $5.99.
The company’s acquisition of Bitcoin Altcoins Tracker will give CryptoFolio users the benefit of cryptocurrency conversions into native currencies.
Epazz’s portfolio of blockchain apps continues to expand, aiding in cross sales and upsales for the company. Users of Epazz’s ZenaPay will be given the option to make in-app purchases using the CryptoFolio app, and ZenaPay users will further be given a discount for using CryptoFolio.
In other recent news from Epazz, the company has released details regarding the future release of new features for its ZenaPay payment solution, which is being developed to solve payment issues for high-risk industries, including offering a bitcoin payment software that lets consumers utilize digital currency to complete online and in-store purchases.
Upcoming features in the works for ZenaPay include an iPad point-of-sale app to be integrated with the ZenaPay Merchant App; a vendor payment solution that will enable merchant businesses to pay their vendors and employees via cryptocurrency; an e-commerce store; seed-to-sale tracking; and sales reporting and compliance.
For more information, visit the company’s website at www.Epazz.com
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Introduces Blockchain Innovation to Reduce Oil & Gas Industry Transaction Costs

  • Petroteq launched its PetroBLOQ blockchain platform – a pioneering development in the oil and gas industry
  • Mexico’s Pemex has already become the first PetroBLOQ member
  • The blockchain market is set to experience colossal growth in all industries over the next six years
Blockchain technology has a wide range of applications across different industries, and Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a leading developer and provider of proprietary technology for the energy industry, has just demonstrated one more. The company’s innovative PetroBLOQ blockchain platform is a pioneer development in the oil and gas industry, aiming to take the shared economy concept one step further by making a number of industry intermediaries redundant and, consequently, reducing the cost of transactions in supply chain management (http://nnw.fm/6ZWyG).
Through the use of blockchain technology, it’s possible to complete transactions without an intermediary because of the verified procedures that are built into the platform. This is the main difference between blockchain-based projects and peer-to-peer interactions like those typical for sharing economy flagships such as Airbnb and Uber.
Blockchain technology makes it possible for data about every single interaction to be stored as a digital ledger in a continually reconciled database. Each reconciled transaction becomes a block – the unit that is needed to ensure the integrity of the transaction. This is how the intermediary can be eliminated altogether. The process ensures fairness and cost-efficiency while also expediting the completion of transactions.
According to Petroteq Energy, the oil and gas industry can benefit immensely from the introduction of blockchain technology. The structure of oil and gas interactions is complex. The industry spans across countries and continents and involves multiple players – from domestic transportation entities to refineries and information technology units. Because of the behemoth structure, the accumulation of accurate transaction data in real-time becomes a challenging, almost impossible task. This is where blockchain platforms like PetroBLOQ can be utilized to simplify complex steps and bring immediacy to the table.
All transactions across this massive network can be verified immediately via a blockchain platform. A central reconciling authority is no longer needed to examine the data. Obviously, the elimination of such an authority can increase the cost-efficiency of transactions, ensure data security and enhance the entire data management process.
This isn’t the only blockchain-related initiative launched by Petroteq Energy. In 2017, the company announced its entry into the Enterprise Ethereum Alliance (EEA). This is the biggest open-source blockchain network in the world, and its members include more than 500 companies and experts in the field of Ethereum technology.
Already expanding at an exponential rate, the global blockchain market is expected to continue growing in the years to come. While, in 2016, it was estimated at $210.2 million in the U.S., this market is set to increase to $2.3 billion dollars by 2021 (http://nnw.fm/87XgW). Other, more daring predictions set a global blockchain market size of $7.74 billion by 2024 (http://nnw.fm/Gl5m7).
As of 2017, 80 percent of banks have developed their own blockchain technologies (http://nnw.fm/vS0l5). It’s nothing but natural for such platforms to start shaping up interactions in industries other than finance. A 2016 study by Deloitte (http://nnw.fm/vS0l5) showed that many representatives of the oil and gas industry were still hesitant about blockchain introduction. Such attitudes leave the door for innovation wide open, enabling companies like Petroteq Energy to launch their pioneer developments.
PetroBLOQ is already making some change. Shortly after the initial announcement, Petroteq Energy reps said that Mexico’s state-owned petroleum company, Pemex, has agreed to become the first PetroBLOQ member. The security of the platform will make it easier to overcome and stabilize fluctuations stemming from the political climate and unforeseen circumstances.
For more information, visit the company’s website at www.Petroteq.energy
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Skinvisible, Inc.’s (SKVI) Topical Delivery Tech Provides Effective Protection against Deadly Flu Viruses

  • Skinvisible’s DermSafe® hand sanitizer provides long-term protection against viruses
  • Patented technology delivers active ingredients topically
  • Company generates revenue from four income streams
An outbreak of the deadly influenza A (H3N2) virus has devastated families across the United States this winter. Traditionally, the elderly and the very young are most vulnerable to the flu, but, this time around, it is attacking people of all ages. This outbreak follows on the heels of the potent H7N9 avian influenza virus, which has the potential to spread globally, although largely confined to China at present. Hand hygiene is vital to reduce the risk of contracting these flu strains. Skinvisible, Inc. (OTCQB: SKVI) has developed a unique hand sanitizer, DermSafe®, which offers long-term protection against harmful microbes.
DermSafe® uses patented polymer delivery technology developed by Skinvisible called Invisicare®. This proprietary technology binds active ingredients to the skin to enhance their delivery and resists wash-off and rub-off for up to four hours, even with hand washing. It creates a barrier to prevent attack by viruses and damage from toxins, retaining moisture in the skin while allowing normal respiration and perspiration. Left on the skin to do their job, Invisicare® formulations eventually wear off as part of the skin’s natural exfoliation process.
All of Skinvisible’s products utilizing Invisicare® technology are non-drying, as the formulations do not contain any organic solvents such as alcohol, silicones or waxes. Enhanced delivery means a lower dosage of active ingredients is required while still offering improved efficacy, reduced skin irritation and longer duration of action. To validate its marketing claims, the company uses FDA-registered independent laboratories to verify the efficiency of its products.
Through wholly-owned subsidiary Kintari, Skinvisible has developed a range of anti-aging products, including day cream, night cream, sunscreen and hand and body lotion. All of these products use the patented Invisicare® topical delivery technology. The company has 14 global patents for over 40 skincare products powered by Invisicare®. The Kintari website (www.Kintari.com) is a marketing portal for its products, offering consumers the ability to purchase these patented products online.
Looking ahead, Skinvisible’s development pipeline using Invisicare’s topical delivery technology includes products for acne, dermatitis, skin cancer, warts and first-aid pain relief, as well as formulations with anti-aging, anti-fungal and anti-inflammatory properties. In November 2017, the company issued a letter of intent to merge with Quoin Pharmaceuticals Limited, a developer of post-surgical pain relief products that replace or reduce opioid use. Quoin is also developing a transdermal formulation for anti-depression treatment of military veterans showing suicidal tendencies related to post-traumatic stress disorder (PTSD).
Skinvisible’s business model provides four revenue streams. By licensing its formulations, the company generates research and development fees for new products. It also charges license fees to secure exclusive territorial rights to a product, while generating ongoing royalties based on a licensee’s sales. Direct revenue is generated from the sale of Kintari products and the sale of the company’s Invisicare® polymers to its clients.
For more information, visit the company’s website at www.Skinvisible.com
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

EVIO, Inc. (EVIO) Sets Up in California as July 2018 Mandatory Cannabis Testing Deadline Approaches

  • Global testing services market expected to achieve 10 percent-plus CAGR growth
  • California cannabis testing market also set for exponential increase
  • EVIO to double national testing footprint to 18 labs
California, befitting its history as part of America’s westward expansion, has earned an appellation as the ‘Wild West’ of pot. Medical marijuana, legal in the state since 1996, has been largely bypassed by quality control and safety regulations. That is about to change. To coincide with the opening of the adult recreational market, a plethora of rules and rubrics has been issued. California MMJ businesses will have until July 2018 to ensure compliance. As a result, demand for cannabis testing services in California is set to increase rapidly, a development that means EVIO, Inc. (OTCQB: EVIO), which has acquired testing facilities in Berkeley, California, is in the right place at the right time.
The supply shortfall in California cannabis testing services is rising to crisis proportions at a time when one report warns that ‘much of the marijuana sold in dispensaries in California would fail safety standards in other states’ (http://nnw.fm/vm87Q). Quality issues plague the industry, as recent examples from further afield demonstrate. A couple of MMJ companies licensed under Canada’s ACMPR were found to be using banned pesticides, and a cancer patient died after acquiring a fungal contamination, which was said to have originated in smoked marijuana.
Despite this alarming state of affairs, there are only 22 testing laboratories operating in the state (http://nnw.fm/z6oP7). However, where there is crisis, there is also opportunity, and EVIO has been quick to recognize this. Earlier this year, the company announced that it was acquiring C3 Labs in Berkeley, California, which will give it a presence in the Bay Area to go along with its labs in Southern California and north of Sacramento. This will bring the number of labs operated by the company to nine in five states. These include four in Oregon, two in Florida, and one each in California, Colorado and Massachusetts.
Reporting on data compiled by Markets and Markets, High Times recently commented that ‘cannabis lab testing for potency, purity and detailed information such as terpene counts was worth $866 million in 2016.’ By 2021, the global testing services market is expected to hit $1.4 billion, representing a CAGR of more than 10 percent. Driven by such a powerful tailwind, EVIO is set for further revenue growth. The company saw testing services revenues for the nine months to June 30, the last reported period, climb 1,100 percent year-over-year in 2017 to $2.1 million. Now, through testing subsidiary EVIO Labs, the company plans to open 18 laboratories by the end of 2018 at locations throughout the United States.
EVIO is headed by William Waldrop, MBA, chairman and CEO. Waldrop, a co-founder of EVIO Labs’ parent company, spearheaded the acquisition of the company’s first analytical laboratory facility in Bend, Oregon. He has since grown the company to its present five labs and nine operating locations, and he is the driving force behind the nationwide rollout of EVIO Labs.
Previously, Waldrop was chairman and CEO of Newport Entertainment Group and president and COO of College Partnership, a publicly traded company that provided student services. In addition, while working as a senior manager at AirTouch Cellular, he led the team that, in just four years, built a 44-store distribution channel generating over $100 million in annual revenues. As vice president of operations for Leading Edge Broadband, he oversaw the design and roll-out of a global telecommunications sales and outreach network. Waldrop has also provided advisory services to several public companies.
For more information, visit the company’s website at www.EVIOLabs.com
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com