NewsRoom Articles - Page 306 of 1390

TuesdayMay 24, 2022 11:15 am

Bit Digital Inc. (NASDAQ: BTBT) Remains Optimistic Despite Recent Cryptocurrency Price Fluctuations

The blockchain technology industry is projected to grow to $450 billion by 2028, up from $3.67 billion in 2020, representing a CAGR of 82.4% The cryptocurrency market, which was valued at $1.5 billion in 2021, is projected to grow to $2.3 billion by 2028, representing a CAGR of 6.9% Bit Digital looks to tap into these two markets through strategic investments and technology The company is confident that the value of cryptocurrency will continue to rise, despite the recent drastic price fluctuations Over the past few weeks, the price of many cryptocurrencies have reduced by more than 50%. Industry experts…

TuesdayMay 24, 2022 10:30 am

Nowigence Inc. (NOWG) SaaS Business Model Positioned in Fast-Growing, Billion-Dollar Space

Gartner predicts that SaaS spending will reach $140 billion this year SaaS spending is increasing a stunning 20% per year Nowigence’s flagship offering — Pluaris — makes it happen through this business model A Gartner report has indicated that Software-as-a-Service (“SaaS”) spending is projected to increase 40% in the coming years, an impressive future especially considering that annual spend has already reached hundreds of billions (https://nnw.fm/0G3UT). That forecast is good news for Nowigence Inc. (NOWG), a savvy company that solves many of today’s information overload problems with a proprietary AI platform that is available through the SaaS business model. “Just…

TuesdayMay 24, 2022 9:45 am

Lightning Network Gains as More Transactions are Processed; LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Among Companies with Substantial BTC Invested in Network

The Lightning Network is being incorporated by more companies, including the likes of Meta, which is currently striving to develop its own stablecoin offering but is receiving backlash from the government CoinCorner has released the first contactless payment card for the Lightning Network; the card works like Visa and other fiat currency cards but utilizes Bitcoin and the Lightning Network for fast and low fee transactions LQwD has ten nodes on the Lightning Network, each growing in BTC capacity and value – the company anticipates continuing to strive toward scalability of BTC The Bitcoin Lightning Network, a layer 2 payment…

TuesdayMay 24, 2022 9:00 am

Nicotine Surges as Smoking Sags

NetworkNewsWire Editorial Coverage: Seems like yesterday people were smoking cigarettes everywhere; many people still have memories of Grandpa puffing on his Camels. It wasn’t until 1993 that smoking was banned in hospitals and on airplanes in 1998. Despite these and many other restrictions, the global market for nicotine-based products remains incredibly robust. Total global retail sales associated with the nicotine ecosystem during 2020 reached approximately $853 billion with around 5.2 trillion retail cigarette sticks sold. Nicotine isn’t just big business, it’s huge business, and companies are constantly looking for ways to keep and grow market share. The majors are evermore…

TuesdayMay 24, 2022 9:00 am

FuelPositive Corp.’s (TSX.V: NHHH) (OTCQB: NHHHF) Management Shares 2021 Progress, Discusses 2022 Milestones in a Recent Virtual Annual Generation Meeting

FuelPositive is a technology company focused on developing clean energy solutions such as a green ammonia production system, its flagship product The company recently held its AGM, in which management discussed the milestones achieved in 2021 and the plans for 2022 and beyond According to FuelPositive, the first demonstration unit of its green ammonia production system is on track to be “farm-ready” by late summer 2022, although some issues outside its control may cause a delay in operationalization/commissioning at the farm level Management also updated shareholders on the remote monitoring capability of the system, carbon credits as a result of…

MondayMay 23, 2022 12:00 pm

Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Tie-up with Endorphina, Further Expands B2B Online Game Offering

Golden Matrix Group recently announced a tie-up with online slot-game provider, Endorphina The venture will see Golden Matrix Group amalgamate Endorphina’s 100 game portfolio on to their existing B2B gaming portfolio GMGI currently provide gaming platforms with access to upwards of 10,000 games drawn from over 25 gaming studios via their GMX-Ag system Golden Matrix Group separately announced that they were in the process of further expanding their UK-focused RKingsCompetitions’ offering, an online competition provider credited with providing GMGI with over 90,000 new gamers per quarter Online gambling is disrupting the gaming industry as we know it. The online gaming…

MondayMay 23, 2022 11:15 am

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Appears Well Positioned as Surging Energy Crisis Calls for Urgent Action Towards Non-Fossil-Fuel Alternatives

RNG can be key part of the solution to current energy crisis as it offers viable alternative to liquid natural gas As so-called “drop-in fuel,” RNG doesn’t require costly changes since existing infrastructure can be used, making scaled utilization of RNG quick and affordable EverGen appears well-positioned to offer solutions that can contribute to energy security amid heightened global uncertainty Although concerns about climate change have attracted a lot of attention to the Renewable Natural Gas (“RNG”) space, it is the recently heightened geopolitical risks that could incite a new wave of interest in this non-fossil-fuel alternative as the world…

MondayMay 23, 2022 10:30 am

Correlate Infrastructure Partners Inc. (CIPI) Unveils New Platform that Makes Energy Optimization Easy Moving Forward

Correlate Infrastructure Partners offers a complete suite of proprietary clean energy assessment solutions for the commercial real estate industry, offering facilities access to clean electrification solutions The company recently unveiled the Correlate Portfolio Health platform product that seeks to empower real estate owners with energy optimization and procurement capabilities The platform is designed to offer recommendations that simplify complex energy analysis, procurement, and funding of deferred maintenance CIPI has unveiled the platform at a critical time as experts warn that buildings must have achieved net-zero carbon emissions by 2050 if the goals of the Paris Agreement are to be realized …

MondayMay 23, 2022 9:45 am

Aditxt Inc. (NASDAQ: ADTX) Planning Nationwide Rollout of its AditxtScore(TM) Immune Monitoring Platform

Aditxt recently entered a multi-year partnership with GRS for the promotion of its proprietary AditxtScore Immune Monitoring Platform Aditxt plans to roll out the monitoring platform to medical offices, pharmacies, laboratories, and employers across the country, with promotion through nationwide television commercials AditxtScore(TM) monitors the current immune response not genetic sequencing Continuing research into COVID-19 is being done worldwide, with some researchers showing concern among the population of vaccinated individuals testing positive for the virus – including concerns about the durability of protection against highly contagious emerging strands. Researchers are still learning more about vaccinations against viruses and diseases in…

MondayMay 23, 2022 9:00 am

Flora Growth Corp. (NASDAQ: FLGC) Year-end Report Shows Significant Revenue and Profit Growth, with Expectations for Further Rapid Growth in 2022

Cannabis cultivator and distributor Flora Growth has announced its annual financial and operating results, showing “significantly higher” revenues and profit gain for 2021 over the previous year Flora maintains an outlook for 2022 of an additional 288 to 400 percent revenue growth by year end, largely driven by the company’s acquisition of consumer wellness brand JustCBD The JustCBD acquisition increased Flora’s reach to more than half a million consumers through 14,000 retail stores in the United States Flora’s operations are centered at its Cosechemos cultivation facility in central Colombia, where the company enjoys ideal growing conditions year-round and has easy…

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