Monday, December 18, 2017 9:33:45 AM
Integrated Ventures Launches CryptoFunder Blockchain Designed To Disrupt A Multi Billion B2B Lending Market
Philadelphia, PA -- December 18, 2017 -- InvestorsHub NewsWire -- Integrated Ventures, Inc., (OTCQB: INTV) today announced it has a launched “CryptoFunder”, a financial blockchain platform which acts like a decentralized and encrypted lending ledger that offers a secure, efficient, verifiable and permanent way of storing records and other lending information. These protocols are the backbone of numerous digital currencies that are being mined by the Company, including Bitcoin, Ethereum and Litecoin.
The CryptoFunder blockchain will be focused on qualifying, initiating, underwriting and processing funding transactions, including tracking of digitally mined assets and using them as main mode of payment for business loans, lending contracts and convertible debt notes.
The CryptoFunder is world's first cryptocurrency collaterized lending platform that offers businesses, particularly publicly traded companies, an access to the potentially non-dilutive funding structure, accounting and audit system, all powered by a flexible and transparent ledger that is recorded securely on a blockchain.
"The CryptoFunder is our initial entry into blockchain space, at a time that Bitcoin and other digital currencies are gaining increased market attention and adoption," said Steve Rubakh, CEO of Integrated Ventures, Inc.
He adds the following: "Our recently launched mining operations are set to generate mining and sales revenues, in access of $120,000 (unaudited results), only in 40 days of operations. This cash flow will allow the Company to develop this disruptive technology as well to accumulate multi-coin inventory. We plan on leveraging our cryptocurrency mining operations with goal of to becoming an established player in the blockchain technologies. The CryptoFunder lending platform is a prime example of how blockchain-based technologies can be leveraged to disrupt established industries. We believe that this launch will give Integrated Ventures a significant opportunities to potential joint ventures with software development groups, designed to facilitate and support our blockchain initiatives. The Company is in discussions with multiple lending partners with the plan to commence a beta test which consist of a funding round.”
About Integrated Ventures, Inc: the Company is focused on acquiring, launching and operating companies in the cryptocurrency sector, mainly in digital currency mining, an equipment manufacturing, sales of branded mining rigs as well as blockchain software development.
Recent INTV News
- Integrated Ventures Delivers 376% Q2-to-Q1 Growth With Revenues Of $1,728,108 vs $1,059,064. • InvestorsHub NewsWire • 02/08/2024 01:30:00 PM
- Integrated Ventures Reports Preliminary Q1/2024 Revenue Results Of $1,059,064 vs $555,365 for Q1/2022 • InvestorsHub NewsWire • 11/10/2023 01:30:00 PM
- Integrated Ventures Buys Additional Miners With Focus On $7 Million In Yearly Revenues • InvestorsHub NewsWire • 11/08/2023 01:30:00 PM
- Integrated Ventures Reports $3,862,849 In Yearly Mining Revenues With 162 Bitcoins Produced • InvestorsHub NewsWire • 09/29/2023 02:00:00 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM