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kiy

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Alias Born 08/19/2010

kiy

Re: None

Sunday, 10/15/2017 6:37:07 PM

Sunday, October 15, 2017 6:37:07 PM

Post# of 426
BIOP

https://finance.yahoo.com/news/bioptix-inc-biop-risks-consider-175909613.html
Riot Blockchain, Inc. (NASDAQ: BIOP), Bitcoin, and other virtual currencies are made possible by what's known as blockchain technology. A Blockchain is essentially a global public ledger capable of automatically recording and verifying a high volume of digital transactions, regardless of location. Bitcoin's popularity is proving blockchain's usefulness in finance, but entrepreneurs have come to believe blockchain could transform many more industries. Ultimately, the use cases for a transparent, verifiable register of transaction data are practically endless - especially since blockchain operates through a decentralized platform requiring no central supervision, while still remaining resistant to fraud. As startups use blockchain to drive greater transparency and veracity across the digital information ecosystem, they're boosting awareness of the technology in sectors ranging from payments to public policy. Some of the latest innovative ways companies are harnessing the power of global blockchain in the industries listed below:Banks: From a macro perspective, banks serve as the global storehouses and transfer hubs of value. As a digitized, secure, and tamper-proof ledger, blockchain could serve the same function, injecting enhanced accuracy and information-sharing into the financial services ecosystem. Swiss bank UBS and UK-based Barclays are both experimenting with blockchain as a way to expedite back office functions and settlement, which some in the banking industry say could cut up to $20B in middleman costs. Banks are among the growing number of financial services giants investing in blockchain startups. Payments & Money Transfers: The World Economic Forum has argued that decentralized payments technologies like bitcoin could transform the "business architecture" of money transfers, which, due to reliance on central authorities such as banks and clearinghouses, has remained static for the last 150+ years. Blockchain could be used to create a more direct payment flow that connects payers and payees - across borders or domestically - without intermediaries, at ultra-low fees and almost instant speed. Digital currency startup Coinbase - which has served over nine million customers as a digital platform for buying and selling bitcoin, ether, and other cryptocurrencies - recently became the first cryptocurrency company in the Global Unicorn Club. Cybersecurity: Though blockchain's ledger is public, its data communications are sent and verified using advanced cryptographic techniques - ensuring that data is coming from correct sources and that nothing is intercepted in the interim. Thus, if blockchain is more widely adopted, the probability of hacking could go down, as the cyberprotections of the technology are more robust than legacy systems. One way blockchain reduces conventional cybersecurity risk is by simply removing the need for human intermediaries - thus lessening the threat of hacking, corruption, or human error. Other potential applications include using blockchain to provide massive scale data authentication. For example, using its blockchain-enabled KSI (Keyless Signature Infrastructure).Riot Blockchain, Inc. has reserved and plans to change its Nasdaq ticker symbol to RIOT, in line with a shift in direction of the company. The name and symbol change are subject to Nasdaq approval. Moving forward, Riot Blockchain's focus will be as a strategic investor and operator in the blockchain ecosystem, with a particular focus on the Bitcoin and Ethereum blockchains.

****With a beta of 2.54, Bioptix is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. Based on this beta value, BIOP can help magnify your portfolio return, especially if it is predominantly made up of low-beta stocks. If the market is going up, a higher exposure to the upside from a high-beta stock can push up your portfolio return.





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