Related Editorial
In a global marketplace where Internet-based technologies increasingly allow businesses the means and confidence to work with each other beyond political borders and with a minimum of governmental interference, cryptocurrencies have the potential to create a B2B interdependent financing system — perhaps even a single, common digital currency someday — because of the blockchain technology that underpins cryptocurrency trade. With the beginning of market movement for the new year, cryptocurrency started just shy of $613 billion in total capitalization and climbed steadily toward $750 billion on Jan. 4, showing an exponential rise just since April 2017 when it passed the $25 billion mark. ChineseInvestors.com, Inc. (CIIX) (CIIX Profile) is one of the businesses committed to the development of blockchain-based cryptocurrencies, recently announcing plans to spin-off two of its corporate divisions tied to hemp marketing and the burgeoning legal cannabis industry in order to focus on its cryptocurrency division (http://nnw.fm/5sf8Z). Other companies preparing to capitalize on opportunities in the blockchain sector include MGT Capital Investments, Inc. (MGTI), LongFin Corp. (LFIN), Bitcoin Services, Inc. (BTSC) and Overstock.com, Inc., (OSTK).
To view the full editorial, visit http://nnw.fm/W5Jgz
