Vancouver, Kelowna, Delta, BC – March 24, 2022 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.
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Crypto Corner Podcast 801: (NasdaqCM: FTFT) (TSXV: BLOK) (TSXV: IMIN)
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Stocks discussed: (NasdaqCM:FTFT) (TSXV:BLOK) (TSXV:IMIN)
Cloud Chain Network and Technology Co Ltd., a wholly-owned subsidiary of Future FinTech Group Inc. (NasdaqCM:FTFT), and the Anti-Counterfeiting Committee of the China Foundation of Consumer Protection have started the trial operation of its jointly developed Blockchain Quality and Safety Traceability System. Yan Zhi, General Manager of FTFT’s Cloud Chain Network, explained:
“Our jointly developed blockchain technology system addresses the requisites of the anti-counterfeiting edicts of the ‘3.15 China Brand Responsibility Plan’ which is to create a transparent and accountable business-to-consumer ecosystem which can help to promote healthy economic growth. A key element of the blockchain security system is that it records signatures of both enterprises and the Anti-Counterfeiting Committee which assures both authenticity and honesty.”
GlobalBlock Digital Asset Trading Limited (TSXV:BLOK) has posted an update regarding the pending application for its wholly-owned UK subsidiary, GlobalBlock Limited, for registration as a cryptoasset business with the Financial Conduct Authority in the UK. Rufus Round, CEO of GlobalBlock, explained:
“Our client centric approach has meant that the recent FCA developments have had little to no impact on the business in terms of clients’ loyalty to the brand. GlobalBlock is dedicated to offering the best-in-class digital asset product solutions and cryptoasset trading services and we are very aware that this nascent industry is subject to certain regulatory uncertainties.
We look forward to transitioning them seamlessly to GlobalBlock Europe and the Company’s roadmap for growth remains intact, with plans to upgrade our technology soon. In turn we will be able to open further product offerings and opportunities for the business. The potential for MiCA and European crypto regulatory passporting is an exciting prospect that will open a huge market for us.”
iMining Technologies, Inc. (TSXV:IMIN) has announced that its wholly-owned subsidiary, Metaverse Advisory Group (MAG), has entered into an agreement with Pharmacy Group manager Noman Qureshi, to assist in developing and executing its digital and metaverse-related strategy. This, according to the press release, will be done through the provision of “AI-enabled, e-commerce based pharmaceutical platform for their operations in the Metaverse.” Khurram Shroff, Chairman, President and the CEO of iMining Technologies, said:
“With today’s work at home initiatives in place, we need to focus on providing simple and convenient solutions that will allow people to better manage their health and the health of their families. iMining’s subsidiary, Metaverse Advisory Group will design an e-commerce platform with a metaverse presence for the Pharmacy Group. Metaverse provides a new way to engage customers by creating an online community around healthcare and is actively engaging with the MZ generation. I truly believe that the Future of Healthcare is digital.”
Sam Mowers, Investorideas
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