Replies to post #294 on Long Island Iced Tea Corp (fka LTEA)

[l_winthorpe]

This is what I found this morning:

The Company is already in the preliminary stages of evaluating specific opportunities involving blockchain technology. The discussions are only in the preliminary stages but indicate the areas of focus for the Company. These opportunities include potential partnerships, investments or acquisitions involving:
A blockchain software developer building blockchain infrastructure for the financial services industry
A London-based FCA regulated, institutional provider of FX services that is building multiple blockchain and digital crypto currency technology solutions for global financial markets
A new smart contract platform for building decentralized applications that provides scalability beyond currently available options

I am really interested in the applications for FX and financial services. BTC has long been touted as a great alternative to international wire transfers, but with the rapid rise in transaction fees, and considering the infrastructure for wires is already in place, that seems like a tall order. If they could provide a scalable solution for international trade, that would be a game changer