CryptoBloc Technologies Corp.
USA: CRYBF | Canada: CRYP.CN | Germany: GR9.F
Last Price: .147 | Website | Security Details | Latest News
With the overwhelming success of last week’s Canadian-only Blockchain Profile, we felt honor-bound to present something in the same realm to our Fellow American Members!
Over the last two years, the World has seen a true paradigm shift.
Millions have flocked to digital Crypto-Currencies like Bitcoin, Ripple, and Etherium as they staged mind-boggling once-in-a-lifetime rallies.
Governments couldn’t stop it. Wall Street couldn’t understand it. Silicon Valley couldn’t get enough of it.
Yet still…Millions bought in. The Revolution had begun.
And now the Game-Changing Technology which birthed Bitcoin and other Crypto-Currencies known as BLOCKCHAIN is attempting to completely DISRUPT the world of Finance!
One such company utilizing the Blockchain is now this week’s Brand New Alert.
Cryptobloc Technologies Corp. (CRYBF) is a Blockchain Primary company that is working with Government and Commercial leaders to develop and implement Innovative Crypto-Currency services and Blockchain solutions that will form the foundations of TOMORROW’s Economy.
Tri-Listed in the US, Canada, and Germany, CRYBF represents a one-of-a-kind opportunity at the burgeoning world of Crypto-Currencies and Blockchain Tech — without leaving the “tried-and-true” comfort of the Equities Stock Market!
WHY BLOCKCHAIN TECHNOLOGY?
With Bitcoin and Crypto-Currencies all the rage this year, the thing that has the Street most excited is the disruptive technology of Blockchain which makes it all possible.
But what is Blockchain Technology?
The best way to understand Blockchain Technology is to think of it as an Accounting Ledger.
The Blockchain is essentially a decentralized peer-to-peer Global network of computers jointly managing a database that records transactions. So for example, Bitcoin is managed by its network, and not any one central authority.
And since it’s a decentralized, distributed and public digital ledger that is used to record transactions across many computers, public record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.
And now Blockchain is impacting far more than the world of money.
Blockchains can be used for a wide variety of applications, such as tracking ownership or the provenance of documents, digital assets, physical assets or voting rights.
Companies like IBM, Microsoft, Fedex and Walmart have recently embraced this technology to drive their own supply chains.
BLOCKCHAIN SECTOR RALLIES
As you can imagine, with Bitcoin hitting north of 20,000 this past Winter, traders have gone gaga for Blockchain & Crypto-related Stocks…
OSTK (Overstock.com) was trading around 21.00 before it embraced Bitcoin and shot to highs of 89.80 for 327% GAINS!
RIOT (Riot Blockchain) saw over 1,100% GAINS as rallied from around 3.75 to highs of 46.20!
GBTC (Bitcoin Investment Trust) saw over 760% GAINS as it rallied to highs of 38.71 from around 4.50!
MARA (Marathon Patent Group) popped from 1.32 to highs of 10.03 for over 650% GAINS!
LBCC (Long Blockchain Corp) famously became a Blockchain company overnight and saw over 450% in just days!
Perhaps most impressive, LFIN (Longfin Corp) debuted under 5.00 before shooting to highs of 142.82 for over 2940% GAINS!
Needless to say, CRYBF is certainly in good company and may ALREADY stand head and shoulders above it’s peers! Here’s why….
CRYBF – THE NEW NAME IN CRYPTO
CRYBF is not here to waste time.
The company aims to focus only on Asset-Backed, Non-Speculative projects that will remove much of the instability that has plagued many early players on the public market.
Instead of focusing solely on Crypto-Currency portfolios, CRYBF has noted it has already secured strategic partnerships with market leaders at every stage of the emergent ecosystem from Hardware Manufacturers, to Regulators, to Consumer Activation Partners.
These partnerships, combined with a clearly defined operational plan, position CRYBF as a leader in the Blockchain technology evolution.
Early operations have been supported by a foundation of development and acquisition of Crypto-Currency service providers that include Identity Verification and Anti-Money Laundering services to several of the largest crypto exchanges in the world.
CRYBF is now focusing on deploying solutions and expanding existing relationships in the following 6 sectors:
Government and Regulation
Financial Technology Services
Health and Wellness
Loyalty and Entertainment
Energy and Resources
The company is currently selecting the primary site for the development of it’s Blockchain Innovation Center called Cryptobloc Labs. This project will expand CRYBF’s platform and accelerate their innovation and deployment of commercial-ready Blockchain solutions.
THE 1LINX ACQUISITION
Previous to their company name-change, CRYBF’s first Acquisition was 1Linx – a New York based Blockchain technology company with a highly successful proprietary Blockchain Authentication Platform and a suite of blockchain security services.
1Linx was founded in 2013 by veterans in the mobile space in order to leverage network data to serve as an authentication layer in Blockchain-Crypto transactions.
1Linx operates four distinct business lines: operator look-up, customer look-up, IP information, and customer friendly user-experience. All four business lines offer transaction verification services backed by the 1Linx proprietary blockchain technology platform.
“1Linx continues to protect consumers in the Cryptocurrency space to prevent fraudulent transactions and drive a secure marketplace….
…1linx authenticates millions of transactions a month with an exponential growth as mainstream customers enter the cryptocurrency marketplace.”
CRYBF AND COINBASE
In the U.S., Bitcoin Exchanges are considered Money Services Businesses (MSB) subject to various obligations and regulation.
As a “financial institution”, MSB’s are required to comply with Bank Secrecy Act laws and regulations, including Anti-Money Laundering (AML) and Know Your Customer (KYC) rules.
CRYBF’s 1Linx provides a suite of security services catered to meeting the regulatory requirements of Blockchain MSB’s.
Now anyone who has ever purchased a coin must be familiar with COINBASE.
As an MSB itself, Coinbase is essentially THE Go-To Crypto-Currency Exchange for new & casual investors.
Coinbase now serves over 13 MILLION Customers and has grown to exchange over $50 BIL in Digital and fiat currencies!
That’s more than prominent long-established brokerages like Charles Schwab!!!!
Well, Coinbase now just so happens to be CRYBF’s “Lead Client” as they provide KYC and AML services to them!
As CEO Neil SM highlighted in their most recent tweet, there may be “More #sweet things to come” with Coinbase and CRYBF!
CRYBF DOUBLES DOWN ON CRYPTO MINING!
Another spectrum of CRYBF’s operations is the potentially very lucrative Crypto & Bitcoin Mining.
Last month, the company’s announcement that they intend to purchase 5000 Machines for mining rocked the markets!
Needless to say, this potential addition would certainly make CRYBF a player in the crypto-mining sphere!
Cryptobloc Technologies Completes Letter of Intent to Acquire 5000 Cryptomining Machines
VANCOUVER, British Columbia, April 25, 2018 (GLOBE NEWSWIRE) — Cryptobloc Technologies Corp. is pleased to announce the successful completion of a Letter of Intent to acquire a minimum of 5000 Cryptomining machines from Hong Kong based, Milson Investment Holdings Ltd. This significant acquisition represents another phase of operations that is capitalizing on the promise and continued adoption of Cryptocurrencies as a staple of the new economy.
CEO, Neil Stevenson-Moore comments:
“As Bitcoin prices climb to a 40-day high above $9,500 USD, we are very pleased to complete this agreement and begin the process of growing our Cryptocurrency portfolio. These 5000 machines represent the foundation for our future growth and will provide a solid asset base which we can leverage for our forthcoming projects. The large majority of the 5000 machines will be state-of-the-art Bitcoin Miners; however, there will be some consideration given to miners that produce other coins that are demonstrating significant growth, application, and confidence in the market.”
Stevenson-Moore continued: “The growth we continue to witness across the Crypto landscape made the acquisition and deployment of a successful mining operation an obvious decision as a means to underpin our future plans. This agreement represents just the first of many exciting partnerships we are looking forward to sharing in the coming weeks. As always, we appreciate the patience and confidence of our shareholders as we build an exciting future for Cryptobloc.”
A further release with clarifications can be read here.
THE BOTTOM LINE
With 52 Week Highs more than DOUBLE the current price, it’s hard not to salivate over CRYBF at these low levels!
CRYBF appears to be looking to make their mark as an all-inclusive Crypto/Blockchain Operation with their hands in multiple spheres of this new High Growth Industry.
Like the services that it provides for it’s lead client, Coinbase – future projects recognize and address the massive opportunity to disrupt existing industries as they develop both software and hardware infrastructures to serve the growing market for Blockchain solutions.
“I wish I could share everything right now – we have a series of patent applications and partnerships in late stages of evolution that are progressing towards activation. However, our team could not be more pleased to be coming back to trade at the inflection point of such a transformative technology.
Blockchain is moving past the “promising stage” and is about to become a crucial part of every major industry. Cryptobloc is primed and ready to be a leader in the Blockchain industry.” – Neil SM, CEO
Although there’s already a lot to get excited for, we certainly can’t wait to see what CRYBF has up their sleeve in the coming year….
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