Investing in NA’s first advanced exchange for security tokens and merging with X2 Games this month, what’s next for Global Blockchain Technologies?
The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. It is secure and cannot be altered. Basically when you write a new entry into the block, a new chain is formed. By allowing digital information to be distributed but not copied, blockchain technology has created the backbone of a new type of internet. Originally devised for digital currency, the tech community is now finding other potential uses for this secure ledger. In its simplest form blockchain’s future could see almost any document and transaction stored in this digital space. This undeniably ingenious invention, blockchain is the brainchild of a person(s) known by the pseudonym of Satoshi Nakamoto.
Global Blockchain Technologies Corp.
Global Blockchain Technologies Corp. (CSE: BLOC) is an investment company that provides investors access to a mixture of assets in the blockchain space. Global Blockchain invests in new markets enabled by blockchain technology. A unique dimension of Global Blockchain’s value to its investors is its in house innovation incubator, providing resources to maximize the potential of new blockchain technologies, and propel their growth. These resources include initial capital, technical development personnel, and legal support. Global Blockchain state: “Blockchain technology enables a new digital asset class, which we believe, will drive the new economy.”
Earlier this year, Global Blockchain made a $5 M investment into Hyperion Crypto Exchange Inc. in exchange for 12.82% of its total issued and outstanding share capital. Global Blockchain announced on October 12, 2018 that Hyperion has entered into an agreement with InterStellar to provide support for Stellar based assets on the Hyperion exchange. Hyperion facilitates the trade of digital assets including crypto-currencies, on a SEC licensed alternative trading system in an arrangement that it has attained through a strategic investment in the Delaware Board of Trade. This partnership will widen the scope of Hyperion’s abilities, giving it an even greater competitive edge as North America’s first advanced exchange for security tokens, and a leader in the regulated trade of crypto assets.
In what was a busy month Global Blockchain also announced a merging with X2 Games. X2 Games’ business model aligns well with Global Blockchain’s existing efforts that relate to the tokenization of gaming platforms. A subsidiary entity will be created for its enterprise and exchange activities with a view to unlocking their value through a spin-out of critical mass assets, and merging its remaining media and entertainment investments and projects with those of X2 Games Corp.
X2 Games is an independent games publisher for cutting edge games that integrate blockchain technology and cryptocurrency into the user’s game experience. Focused on innovative gaming technologies X2 Games was created by “The Godfather” of the video game industry, Nolan Bushnell, the founder of Atari.
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Global Blockchain is working in a digital space that is only in its infancy with a wide view that almost anything can be stored digitally on blockchain. The world is going completely digital very soon and companies like Global Blockchain are ahead of the thought process to where this future is going.
The Company states: “We offer more than an opportunity to invest. We offer the opportunity to capitalize on the growth of the blockchain ecosystem, between holdings in existing technologies, and holdings in technologies that do not yet exist. Global Blockchain is geared to maximize potential, in a sector where new potential is being discovered on a regular basis”.
Sounds kind of Prophetic don’t you think? I bet you didn’t think ones and zeros would have such a big impact on the world. Did you know there’s only 10 types of people in the World? Those that understand binary, and those that don’t. Just a thought.
Global Blockchain Technologies Corp. has a market cap of C$ 42.6 m.
Matthew Bohlsen is a Senior Editor for InvestorIntel.com. With a Graduate Diploma in Applied Finance and Investment, and a Graduate Diploma in Financial Planning. He ... <Read more about Matthew Bohlsen>