YAHOO - Our BlockChain Platform is currently in Phase 2 (soon to start phase 3) of development which is helping VeeMost prepare for an uplisting to NASDAQ.
In January of this year, Admin posted the development schedule for this new platform. Having been involved in the development of internet products (I'm currently involved with iQBot, a game-changing ap that can be used for advertising by sports teams and businesses such as Realtors) I would assume that they are close to (if not already in) entering Phase 3 of the Development. Phase 2 was for Development and the Initial Testing. Phase 3 is the Pilot Rollout where they conduct pilot deployments for key clients, including supply chain verification, licensing automation, and digital identity use cases. Next comes integration with VeeStore whereas a pilot they use cases to accept blockchain-enabled payments and enable customers to verify product authenticity and digital licenses. Once all the coding issues have been completed and there are no bugs, they are ready for Phase 4: Public Launch.
Phase 4 includes:
Official rollout of the blockchain platform with comprehensive APIs for partners.
Launching subscription-based access, licensing plans, and transaction services for enterprises, schools, and resellers.
By integrating blockchain into VeeStore, VeeMost will enhance its e-commerce payment processes, allowing customers to make secure payments with cryptocurrency or traditional methods while reducing transaction fees and settlement times.
Revenue Growth and Monetization VeeMost’s blockchain platform will generate revenue through several streams, including:
Licensing Fees:Organizations can license the platform for digital identity verification, supply chain transparency, and smart contracts.
Subscription Plans:Clients can subscribe to Blockchain-as-a-Service (BaaS) for managed blockchain environments tailored to their needs.
Transaction Fees:Revenue will be generated through low-cost transaction processing and asset-tracking services.
Consulting Services:VeeMost will offer advisory services for blockchain integration, smart contract development, and decentralized application (dApp) creation.
Supporting VeeMost’s Nasdaq Uplisting Strategy
This blockchain initiative supports VeeMost’s broader goals of expanding its market reach and increasing revenue as the company prepares for an uplisting to Nasdaq in near future. The projected timeline ensures that the platform will be operational within 18 months, contributing to VeeMost’s long-term strategy of sustainable growth and innovation.
VeeMost Technologies Inc. is a technology solutions provider specializing in network infrastructure, cloud services, IT consulting, and digital transformation. With a focus on government, education, and enterprise markets, VeeMost delivers customized solutions that empower organizations to operate securely and efficiently in a digital-first world.
Then they announced the following, which was only a start as Melvin announced that they were now even more focused on their successes which we were told that we would start seeing the results of this during the fall into next year:
Major E-Rate Wins Strengthen Position in Education Sector
VeeMost has successfully won Nine E-Rate bids to provide technology solutions for schools, with additional contract awards expected in the coming weeks. This marks a significant step forward in the company’s continued success within the E-Rate program, which enables schools and libraries to access affordable IT infrastructure and cybersecurity solutions.
“As an experienced technology provider in the education sector, we are proud to support schools with the critical IT services and products they need to enhance learning environments,” said Mr. Ejiogu, President at VeeMost. “These wins validate our expertise and position us for continued success as more E-Rate funding is allocated.”
Expansion into the Defense Industry
VeeMost has also secured multiple contracts with a defense industry company, strengthening its role in providing secure, high-performance IT solutions to critical infrastructure and national security sectors. These deals mark an important milestone as the company expands its capabilities to serve defense and government-related clients.
New Vendor Partnerships with Vertiv, Nutanix, and Lenovo
To enhance its portfolio of solutions, VeeMost has established new strategic partnerships with vendors such as Vertiv, Nutanix, Lenovo and more. These partnerships will allow the company to continue to provide cutting-edge IT, cloud, and infrastructure solutions to its clients, including businesses, government agencies, and educational institutions.
“With the addition of these key partners, we are positioned to deliver even more comprehensive and scalable solutions to our customers,” said Mr. Ejiogu. “Our goal is to continuously expand our offerings and meet the evolving needs of our clients.”
Progress Toward GSA Schedule Approval
VeeMost has officially begun the process of obtaining a GSA Schedule contract, which will provide direct access to federal, state, and local government contracts. To streamline this process, VeeMost has engaged the services of Government Services Exchange (GSE), a leading consulting firm specializing in helping businesses obtain GSA certification and secure government contracts.
“GSE has an outstanding track record of guiding companies through the GSA approval process, and we are confident that their expertise will help us achieve certification efficiently,” said Mr. Ejiogu. “The GSA Schedule is a key part of our long-term growth strategy, opening doors to significant government business opportunities.”
For all of us that have invested in this company, the future is looking absolutely amazing. So YES, we wait (and please, if you do not like waiting, don't sit here and complain, just sell ... if you have any shares ... and move on), and what an opportunity for those of us who are still wanting to add to our position for a company that will in the near future be a NASDAQ Company.
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