here's the NETE pr where they married the two business's like tpnl might. The minute i read it i thought of tpnl's problem with sparse volume- and how easily it could be resolved.------------------------------------------------
Net Element Launches Business Unit Focused on Blockchain Technology
By GlobeNewswire, December 20, 2017, 08:30:00 AM EDT
Vote up AAA
Blockchain-Focused Business Unit to Provide Framework for an Unlimited Number of Value-Added Services
MIAMI, FL, Dec. 20, 2017 (GLOBE NEWSWIRE) -- Net Element, Inc. (NASDAQ: NETE) ("Net Element" or the "Company"), a global financial technology and value-added solutions group that supports electronic payments acceptance in an omni-channel environment spanning across point-of-sale (POS), e-commerce and mobile devices, today announces the launch of a blockchain-focused business unit.
The new business unit is expected to become a decentralized crypto-based ecosystem that will act as a framework for an unlimited number of value-added services ("VAS") that can connect merchants and consumers directly utilizing blockchain technology while increasing the economic efficiency of all transactions being made within the ecosystem. Net Element has partnered with Bunker Capital to develop and deploy blockchain technology-based solutions.
In addition, the blockchain-focused business unit intends to identify and invest into unique projects which decentralize and disrupt the payment processing industry by combining blockchain technology and real world applications with talented development teams, strong fundamentals and large addressable markets.
According to CoinMarketCap, cryptocurrencies' total market values have increased from $17.7 billion to over $600 billion in 2017, which indicates the rising interest in adoption of blockchain and cryptocurrency.
"We believe that we're at the dawn of a new evolution where additional digital payment methods are being introduced," commented Oleg Firer, CEO of Net Element. "Introduction of our division focused on blockchain as part of the NASDAQ-listed entity will add transparency and compliance assurance to our investors as well as provide access to deploy value-added services to over 20 million electronic commerce clients that are currently part of Net Element's growing network."
"Bunker Capital looks forward to working with Net Element and it's very competent and energetic team to develop new blockchain solutions for the payment services industry," commented Remy Jacobson, Chairman and CEO of Bunker Capital.
About Bunker Capital
Bunker Capital is an industry leader with blockchain and cryptocurrency pioneers at its helm. Bunker Capital provides services to prepare, promote and market ICOs. Bunker's senior staff is a well-rounded team of experts in the areas of blockchain, cryptocurrency, mining, software development and investment banking. Further information is available at www.bunkercapital.com.
About Net Element
Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise ("SME") in the US and selected emerging markets. In the US it aims to grow transactional revenue by innovating SME productivity services such as its cloud based, restaurant and retail point-of-sale solution Aptito. Internationally, Net Element's strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions such as UAE, Kazakhstan, Kyrgyzstan and Azerbaijan where initiatives have been recently launched. Net Element was named in 2016 by South Florida Business Journal as one of the fastest growing technology companies. Further information is available at www.netelement.com.ht:------mrdecember123: NETE went from a solid 5.00 pps to a speculative 20.00 on HEAVY volume in one day...ONLY ON THIS PR.------------I know a couple of you have ears at ir maybe. I believe it's worth a mention.
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