Fintech

Glance Technologies (CSE:GETN; OTCQB:GLNNF) has announced it has entered into a non-binding letter of intent to acquire blockchain and cryptocurrency with rewards tokenization platform Blockimpact from Ztudium. As quoted in the press release: The LOI contemplates that Glance will acquire all of the intellectual property comprising the Blockimpact platform in consideration for payment to Ztudium …

Glance Technologies (CSE:GETN; OTCQB:GLNNF) has announced it has entered into a non-binding letter of intent to acquire blockchain and cryptocurrency with rewards tokenization platform Blockimpact from Ztudium.
As quoted in the press release:

The LOI contemplates that Glance will acquire all of the intellectual property comprising the Blockimpact platform in consideration for payment to Ztudium of US$1.1 million, 80% of which will be paid upon closing of the acquisition and 20% of which shall be paid on completion of the integration of Blockimpact with the Glance Pay mobile payment platform. Glance has paid Ztudium US$100,000 towards the purchase price.

    Blockimpact is a full end-to-end cryptocurrency blockchain solution, which includes the following features:
  • Biometric ID
  • Blockchain Distributed Ledger Technology
  • Digital messaging / group chat (with functionality similar to Whatsapp)
  • Financial wallet
  • Open application program interface
  • Crypto/token/fiat wallet (which allows seamless conversion between currencies)
  • Reward system
  • Encrypted cyber security
  • In-app support system
  • Document sharing
  • Social network features
  • Peer to Peer marketplace functionality

Click here to read the full press release.

MARKETS

Markets
TSX19855.62+277.32
TSXV671.69+7.86
DOW33317.11+542.70
S&P 5004204.90+82.43
NASD12819.30+325.38
ASX7029.80+9.20

COMMODITIES

Commodities
Gold1801.01+7.03
Silver20.80+0.29
Copper3.65+0.07
Palladium2252.50+39.50
Platinum944.61+9.61
Oil89.00-1.50
Heating Oil3.29-0.04
Natural Gas8.02+0.19

DOWNLOAD FREE REPORTS

×