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ALT5 SIGMA, A JANONE COMPANY, ADDS PREPAID VISA®️ CARD INTEGRATION TO ALT5 SETTLEMENT PLATFORM
LAS VEGAS, June 25, 2024 /PRNewswire/ — JanOne Inc. (Nasdaq: JAN), a multidisciplinary organization with a focus on healthcare and fintech, announced today that its wholly-owned subsidiary, ALT5 Sigma, has launched its prepaid VISA®️ Card as an extension to the previously announced ALT5 Settlement Platform.
ALT5 continues to expand its digital fintech offering in the crypto world to provide functionality from traditional legacy financial models in a modernized world. The addition of an unbranded prepaid Visa®️ Card provides institutions and merchants with the ability to utilize the ALT5 suite of offerings for acceptance and conversion of crypto to fiat and then gain instantaneous access to fiat currencies on their prepaid VISA®️ Card or on thousands of cards as applicable.
“Many of our customers are looking for efficient ways to access, distribute and spend fiat derived from their crypto strategies. The addition of the ALT5 prepaid VISA®️ Card offering broadens their options and continues to bridge legacy financial products to the digitization of currency. Our customers can utilize a reloadable, physical, and/or digital prepaid VISA®️ Card for themselves, or for their own end-users. The integration to ALT5 Settlement enables customers with the ability for them to deal with multi-currencies, including fiat and crypto, and to convert funds directly to their card 24 hours a day, 7 days week, and 365 days a year,” commented Andre Beauchesne, President and CEO of ALT5 Sigma.
About ALT5 Sigma Inc.
Launched in 2018, ALT5 is a fintech company that provides next generation blockchain-powered technologies to enable a migration to a new global financial paradigm. ALT5, through its subsidiaries, offers two main platforms to its customers: “ALT5 Pay” and “ALT5 Prime”. The Company processed over US$1.2 billion in cryptocurrency transactions in 2023.
ALT5 Pay is a crypto-currency payment gateway that enables registered and approved global merchants to accept and make crypto-currency payments or to integrate the ALT5 Pay payment platform into their application or operations using the plugin with WooCommerce and or ALT5 Pay’s checkout widgets and APIs. Merchants have the option to convert to fiat currency(s) automatically or to receive their payment in digital assets.
ALT5 Prime is an electronic over-the-counter trading platform that enables registered and approved customers to buy and sell digital assets. Customers can purchase digital assets with fiat and, equally, can sell digital assets and receive fiat. ALT5 Prime is available through a browser-based access mobile phone application named “ALT5 Pro” that can be downloaded from the Apple App Store, from Google Play, through ALT5 Prime’s FIX API, as well as through Broadridge Financial Solutions’ NYFIX gateway for approved customers.
About JanOne
JanOne is a unique Nasdaq-listed multidisciplinary organization with a focus on healthcare and fintech. JanOne is one of the constituents of the Russell Microcap Index, starting June 28, 2024. Through its biotech activities, JanOne is developing innovative, actionable solutions intended to help end the opioid crisis. JanOne is dedicated to funding resources toward innovation, technology, and education to find a key resolution to the national opioid epidemic, which is one of the deadliest and most widespread in the nation’s history. Its drugs in the clinical trial pipeline have shown promise for their innovative targeting of the causes of pain as a strategic option for physicians averse to exposing patients to addictive opioids.
JanOne’s ALT5 subsidiary is a global fintech that provides next generation blockchain powered technologies for the trading, clearing, settlement, payment, and custodianship of digital instruments.
Please visit www.janone.com for additional information.
Forward Looking Statements
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the statements that JAN 101 will treat PAD, that JAN 123 will treat CRPS, the timing of the commencement of clinical trials, that the FDA will permit approval through a 505(b)(2) pathway for JAN 123, that upon approval JAN 101 will immediately disrupt the PAD market, and other statements, including words such as “continue”, “expect”, “intend”, “will”, “hope” “should”, “would”, “may”, “potential”, and other similar expressions. This press release also contains statements and links relating to the profitability and prospective growth of ALT5’s platforms and business, including, but not limited to international currency risks, third-party or customer credit risks, liability claims stemming from ALT5’s services, and technology challenges for future growth or expansion. Such statements reflect JanOne’s current view with respect to future events, are subject to risks and uncertainties, and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by JanOne, are inherently subject to significant business, economic, competitive, political, and social uncertainties and contingencies.
Many factors could cause JanOne’s actual results, performance, or achievements to be materially different from any future results, performance or achievements described in this press release. Such factors could include, among others, those detailed in the Company’s periodic reports filed with the Securities and Exchange Commission (the “SEC”). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled “Risk Factors” in JanOne’s filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and JanOne does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. JanOne cannot assure that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.
Media Contact Investor Relations
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1-800-400-2247
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CryptoSafe Ltd., a prospering name in the blockchain technology sector, proudly announces the launch of its groundbreaking project, Safe Pay. This new venture aims to revolutionize the way businesses integrate and manage cryptocurrency payments, setting a new standard for secure, efficient, and versatile financial transactions in the digital age.
About CryptoSafe Ltd.
CryptoSafe Ltd. has established itself at the forefront of blockchain technology, dedicated to enhancing capital efficiency within the cryptocurrency market. Founded by Borhes Antonio Feitoza, a former Goldman Sachs manager with extensive experience in high-risk trading, CryptoSafe is committed to creating a financial ecosystem that maximizes profitability for each trade. The company’s success is underpinned by a team of 14 specialists, including mathematicians, programmers, and data analysts, who develop high-frequency trading algorithms leveraging artificial intelligence. Over the past three months, CryptoSafe has achieved an impressive average monthly return of 32.81% on capital turnover.
Introducing Safe Pay
Safe Pay represents a significant leap forward in cryptocurrency payment infrastructure. Designed to be secure, simple, and future-ready, Safe Pay allows businesses to effortlessly integrate cryptocurrency payments into their platforms, thereby boosting their online presence and expanding their customer base.
Safe Pay goes beyond basic payment processing by offering an integrated crypto-to-crypto exchange, consistently low transaction fees, and extensive support for various tokens across five major blockchains: Bitcoin (BTC), Ethereum (ETH), Binance Smart Chain (BSC), Polygon (MATIC), and Tron. These networks collectively process over 9 billion transactions daily, providing businesses with unparalleled capabilities and reliability.Key
Features of Safe Pay
Seamless Integration and Rapid Deployment: Safe Pay features a state-of-the-art API that allows businesses to integrate cryptocurrency payments within approximately 48 hours. This rapid deployment enables businesses to quickly adapt to the evolving digital economy.
Comprehensive Support and Low Fees: With support for multiple blockchains and tokens, Safe Pay ensures businesses can handle a diverse range of transactions with minimal cost. Its low transaction fees further enhance the profitability of crypto operations.
Advanced Security and Compliance: Safe Pay offers robust security measures and compliance options, ensuring that all transactions are secure and adhere to regulatory standards.
User-Friendly Dashboard: The intuitive web UI dashboard serves as a central hub for managing all crypto operations. This includes flexible payment methods tailored to business needs, automatic withdrawals to external wallets, and detailed transaction tracking.
Staking Opportunities: Businesses can earn additional interest by staking their assets in various protocols supported by Safe Pay, further enhancing their revenue streams.
Enhanced Capabilities for Specific Sectors:
Centralized Exchanges and Wallets: Safe Pay’s API allows access to more chains and tokens, reduces price impact on swaps, and speeds up transactions, making it ideal for centralized exchanges and wallet providers.
eSports and iGaming: Safe Pay provides seamless crypto solutions for eSports and iGaming platforms, enabling crypto deposits, bulk withdrawals in fiat and crypto, and efficient user wallet management.
Neobanks and Fiat-to-Crypto Exchanges: Safe Pay’s advanced features allow the creation of full-featured mobile wallets and customized crypto processing infrastructures, catering to the unique needs of neobanks and fiat-to-crypto exchanges.
Unlocking Opportunities with Safe Pay
Safe Pay’s versatile architecture makes it suitable for a wide range of businesses:
Regular Online Businesses and E-commerce: Safe Pay provides seamless crypto payment solutions, making it an ideal choice for traditional online businesses looking to expand their payment options.
Crypto Projects: Safe Pay offers advanced tools and infrastructure for crypto projects, streamlining development and operational processes with support for multiple blockchains, deposits and withdrawals APIs, and payment processing SAAS.
Gambling and iGaming: Safe Pay is perfect for gambling platforms, casinos, and iGaming services, enhancing the user experience with fast and secure transactions and expanded payment options.
Getting Started with Safe Pay
To start using Safe Pay, businesses need to create a merchant account and obtain an API key. This key enables various functionalities, including displaying wallet addresses for payments, receiving notifications for new transactions, and setting up comprehensive crypto infrastructures. The process begins with registration, followed by creating a merchant account and completing a Know-Your-Business (KYB) procedure. Upon passing the KYB, businesses can immediately begin API integration and utilize Safe Pay’s services.
Safe Pay’s public API is free to use, with charges applicable only for completed transactions. Fixed rates are detailed in the documentation, and special conditions are available for enterprise clients with large daily volumes. For tailored solutions, businesses can contact Safe Pay to discuss custom offers that meet their specific needs.
The post CryptoSafe Unveils Safe Pay: A Game-Changer in Cryptocurrency Payment Solutions appeared first on HIPTHER Alerts.
Latest News
Fintech Blockchain Market: Projected to Exceed USD 57.84 Billion by 2031 | SkyQuest Technology
WESTFORD, Mass., June 28, 2024 /PRNewswire/ — According to SkyQuest, the global Fintech Blockchain Market size was valued at USD 2.2 billion in 2022 and is poised to grow from USD 3.16 billion in 2023 to USD 57.84 billion by 2031, growing at a CAGR of 43.8% in the forecast period (2024-2031).
The solutions focusing on integrating Blockchain technology with financial technology to improve transaction times and security are known as fintech blockchain solutions. Growing advancements and acceptance of Blockchain technology are driving fintech blockchain market growth. The global Fintech blockchain market is segmented into application, provider, organization size, industry vertical, and region.
Download a detailed overview:
https://www.skyquestt.com/sample-request/fintech-blockchain-market
Fintech Blockchain Market Overview:
|
Report Coverage |
Details |
|
Market Revenue in 2023 |
$ 3.16 billion |
|
Estimated Value by 2031 |
$ 57.84 billion |
|
Growth Rate |
Poised to grow at a CAGR of 43.8% |
|
Forecast Period |
2024–2031 |
|
Forecast Units |
Value (USD Billion) |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
|
Segments Covered |
Application, Provider, Organization Size, Industry Vertical, Component, Type of Blockchain and Deployment Model |
|
Geographies Covered |
North America, Europe, Asia Pacific, Middle East & Africa, Latin America |
|
Report Highlights |
Updated financial information / product portfolio of players |
|
Key Market Opportunities |
Growing demand for KYC system applications on blockchain platforms |
|
Key Market Drivers |
Increasing demand for smart contracts is a driving factor of market expansion |
Segments covered in Fintech Blockchain Market are as follows:
- Application
- Payments, Clearing, and Settlement, Exchanges and Remittance, Smart Contract, Identity Management, Compliance Management/KYC, Others
- Provider
- Application and solution providers, Middleware Providers, and Infrastructure & Protocols Providers
- Organization Size
- Large enterprises, Small and Medium-Sized Enterprises
- Industry Vertical
- Banking, Non Banking Financial Services and Insurance
- Component
- Platform, Services (Consulting Services, Integration Services, Support & Maintenance Services)
- Type of Blockchain
- Public Blockchain, Private Blockchain, Hybrid Blockchain
- Deployment Model
- On Premises, Cloud based
Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/fintech-blockchain-market
Payments and Settlements to Helm the Global Fintech Blockchain Market Growth
Rising emphasis on improving the transactions by reducing the time taken to process them whilst maintaining security is projected to help promote the demand for fintech blockchain solutions in the payments, clearing, and settlements sub-segment. The decentralized nature of fintech blockchain systems helps keep transactions highly transparent yet secured as they are stored in distributed ledgers. Lower transaction fees, higher efficiency, and reduced reliance on cross-border intermediaries are other benefits of Blockchain in fintech that help this segment hold a high market share.
Talk about Blockchain and miss out on smart contracts? This is simply not possible as smart contracts are a vital part of the fintech blockchain market growth as well. Minimal involvement of third parties means more security and less risk, which is exactly what smart contracts provide through Blockchain technology. Increasing realization of the benefits of smart contracts in the fintech industry is projected to help boost the demand for fintech blockchain over the coming years.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/fintech-blockchain-market
SMEs Hold Their Stance as Leading Adopters of Fintech Blockchain
Small and medium enterprises (SMEs) do not have the resources to invest in the development of new and advanced technologies, which is why they mostly opt for available solutions or outsource them from leading companies. Fintech blockchain solutions are highly advanced and developing or managing them is no easy feat for SMEs. The rapid adoption of Blockchain technologies among SMEs is also slated to open up new opportunities for fintech blockchain providers going forward. Capital raise and crowd financing are expected to help SMEs invest in the development of their own fintech blockchain offerings.
On the other hand, large enterprises are investing in developing their own fintech blockchain solutions to have better control and provide novel features for their customers. This segment will be highly rewarding for fintech blockchain companies who are focusing on developing customized fintech blockchain solutions.
Application & Solution Providers Remain the Backbone of Fintech blockchain Market
Fintech applications and solutions are directly used by customers as well as organizations and this is why they should be highly user friendly yet secure. Integrating Blockchain technologies with fintech applications to create unique fintech blockchain offerings will help market players maintain their high market share. The growing adoption of Blockchain technology in the financial sector will also create a new moneymaking scope for middleware providers and infrastructure & protocol providers going forward. High investments of large enterprises in designing their own fintech blockchain solutions will help infrastructure and & protocol providers maximize their revenue generation potential in the future.
To sum it up, the growing need for better security and faster transactions is changing the landscape of the financial industry thereby creating an opportune setting for fintech blockchain companies. Almost all segments are projected to offer lucrative growth scope but investing in SMEs will be highly rewarding for new as well as established fintech blockchain providers.
Related Reports:
Blockchain as a Service Market
Blockchain in Healthcare Market
Blockchain In Manufacturing Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:
Mr. Jagraj Singh
SkyQuest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: [email protected]
Visit Our Website: https://www.skyquestt.com/
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HONG KONG, June 28, 2024 /PRNewswire/ — PT. Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) continues to excel in the global financial industry. Recently, BRI received 11 awards from FinanceAsia at the FinanceAsia Awards and Asia’s Best Companies Poll Gala Dinner 2024 held in Hong Kong on June 27, 2024.
BRI President Director Sunarso, who was present at the ceremony to receive the awards, emphasized that the honors reflect the company’s commitment to both economic and social progress, particularly through its support of micro, small and medium enterprises (MSMEs). Of the 11 awards, seven were in the Asia’s Best Companies category, with awards such as Best CEO for Sunarso, Best Managed Company, and Best Investor Relations. The other four awards, including Best Bank for Financial Inclusion and Best Sustainable Bank, were in the FinanceAsia Awards category. Since 1996, FinanceAsia, a leading business and finance magazine based in Hong Kong, has provided comprehensive insight into economic trends and corporate activity in the Asia-Pacific region, including mergers and acquisitions.
“These awards are dedicated to the more than 110,000 BRI workers who have shown strong commitment and dedication, enabling the BRI to continue to play a vital role in Indonesia’s economic wheel. We also dedicate these awards to all MSMEs, which are the backbone of the Indonesian economy, for their fighting spirit and perseverance under challenging conditions,” Sunarso said.
In June 2024 alone, BRI received three prestigious international recognitions. Forbes named BRI the largest company in Indonesia on its Global 2000 list, ranking it 308th in the world, ahead of global giants such as Starbucks and Renault. Forbes highlighted BRI’s impressive revenues of US$14.95 billion, profits of US$3.6 billion and total assets of US$125.45 billion.
In addition, Fortune introduced the Fortune Southeast Asia 500 list, where BRI ranked first in Indonesia’s financial sector and 15th overall among Southeast Asian companies. BRI reported revenues of $14.9 billion, profits of $3.9 billion and assets of $127.6 billion, confirming its strong financial position in the region.
“Despite global economic uncertainty and high interest rates, BRI’s recognition by Forbes, Fortune and Finance Asia underscores the international recognition of its strategic initiatives. These achievements position BRI as a leader in the Indonesian and global banking industry,” Sunarso concluded.
For more information on BRI, please visit www.bri.co.id
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