iQSTEL, Inc. (USOTC: IQST) announced a $60.5 million revenue forecast for FY-2021. The 40% revenue growth target is largely driven by the anticipated expansion of the company's new Fintech and IoT (Internet of Things) divisions launched in 2020. After announcing $39,725,507 in revenue through November 2020, Management expects FY-2020 revenues to exceed its $42 million FY-2020 revenue projection.
CB Insights has named independent crypto prime broker SFOX as one of the world's top 50 blockchain companies. The firm was given a place on CB Insights' first ever Blockchain 50, a list of the top private companies using blockchain technology to solve some of businesses' biggest problems. Winners were selected from a pool of 2,700 companies. SFOX provides its services in multiple categories including as an Exchange, Custody, Capital Markets, and Wallet services provider, and was honored in the Exchange category.
Huobi Singapore, a global digital assets trading platform, gifted SGD$30,000 (or the equivalent of 7,500 Huobi Tokens) to the Singapore University of Social Sciences (SUSS) in support of their Inclusive Fintech Fund. This is the first cryptocurrency exchange to donate towards inclusive fintech at SUSS, demonstrating Huobi Singapore's commitment towards financial inclusivity and accessible education.
Rutgers Business School - Newark and New Brunswick is launching a unique program that allows students to take graduate-level courses in a broad range of the most contemporary business topics, such as data analytics, machine learning and blockchain, without having to commit to enrolling in a prescribed master's program.
PCS Wireless LLC ("PCS Wireless"), a global leader in logistics and technology for the secondary market for mobile devices, announced today that it has formed TessaB Corp. The new corporation will acquire valuable assets from IGWT Block LLC ("IGWT"), a subsidiary of PCS Wireless that had been developing disruptive technology for buying and selling mobile devices, including a blockchain platform known as TessaB. Flavio Mansi, former President of IGWT, will become TessaB Corp's Chief Executive Officer, and Guy Kuperman will serve as Chairman.
Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, today announced plans for a panel series to mark its fifth anniversary (#5yearsofHyperledger). On Dec 17, 2015, the creation of the project as "a new collaborative effort to advance the popular blockchain technology" backed by more than 20 founding members was announced along with the Hyperledger name.
SIMBA Chain's strategy of blockchain-enabled Rapid Additive Manufacturing Labs for battlefield use captured the gold medal in the U.S. Air Force's first ever Advanced Manufacturing Olympics, held virtually October 20-23. In true David and Goliath fashion, the blockchain startup won the Supply Chain Marathon division over industry giants Stratasys (second place) and Boeing (third place) in a highly competitive field of 16 finalists.
From September 23 onwards, Chinese mainland resumed issuing visas for visitors to Macao. Thanks to the mutual recognition system of Macao blockchain health code and Guangdong health code launched in May, mainland Chinese tourists can apply and use Guangdong health code to verify their health status when entering Macao. Up to date, more than 17 million people have cleared customs between Chinese mainland and Macao using the blockchain system. The average time of receiving, transforming, and generating the health code for the first time is only 100 seconds. And it will only take less than 3 seconds to complete the procedure when traveler clears customs again.
ExCore is a new and rapidly growing cryptocurrency that stands to eliminate inflation. Because there is a finite supply and no new tokens will ever be released, your investment in ExCore will never significantly drop from controllable causes. Right now, ExCore is in the middle of their private sale, but will release their public sale and staking platform next week on October 21. ExCore is a company that all keen investors should keep an eye on.
New analysis by PwC shows Blockchain technology has the potential to boost global gross domestic product (GDP) by US$1.76 trillion over the next decade. That is the key finding of a new PwC report Time for trust: The trillion-dollar reason to rethink blockchain, assessing how the technology is being currently used and exploring the impact blockchain could have on the global economy.