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Friday, August 18, 2017 8:40:31 AM
"Global Arena Holding has two subsidiary companies – one called GAHI Acquisition Corp and one called Global Election Services. The former was set up to serve as a moniker through which Global Arena could operate crypto type business – specifically, through the application of the blockchain (the technology framework that underpins bitcoin) to various different areas of tech and finance.
The thing to realize in this space is that it’s blockchain that is the game changer – not bitcoin. Bitcoin is a currency that uses the principles of the blockchain (and uses its own blockchain) to operate and function. The blockchain concept, however, can be applied to pretty much anything that can benefit from time stamped data.
That’s a big list, of course, and Global Arena is trying to bring a few of its own blockchain type applications to market. It’s doing so through a brand of its GAHI sub called Blockchain Technologies Corp (BTC), and as per the most recent communication, BTC is working on applying the blockchain to the notary space, smart contracts and wills, ATM machines and – and this one’s of note – voting. The latter, of course, fits in nicely with the company’s other sub, Global Election Services, and therein lies the synergy between the two arms of operation. Lots of other companies are working to apply blockchain to smart contracts, and ATMs, etc., most of which are more advanced in their efforts than Global Arena. If the company can get its voting technology off the ground, however, it could be a real winner. Anything from shareholder voting to elections can benefit, and the company is already established in this space – it just needs to adapt its Election Services operation to incorporate blockchain, and it’s up and running."
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