Blockchain Technology Revolutionizing Digital Information and Data Systems with Biometric Advancements - Seite 2

The new system will be customizable to work for different standard and non standard product applications such as Know Your Customer, student registration, access control, time and attendance, health plans, drivers licenses, voter validation, voter registration, and money transfers. Novateqni is also pleased to announce it has completed the prototype and first demonstration to sales partners of its finger print based door access system with fully integrated virtual reception and time and attendance functionality. An iris based version of the access system will be available by the end of this year and a robust version targeted at construction sites will be launched in 2018.

In other industry news and market performance of note:

Hive Blockchain Technologies Ltd. (TSX-V: HIVE.V) recently entered into an agreement with a syndicate of underwriters led by GMP Securities LP, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 20 million common shares of the company at a price of $1.50 per share, for aggregate gross proceeds of $30-million. The president's list is expected to make up 25 per cent of the purchase. In connection with the offering, the company may pay a cash fee of up to 6 per cent of the gross proceeds of the offering, payable at closing. The offering will take place by way of a private placement to accredited investors in such provinces of Canada as the underwriters may designate, and otherwise in those jurisdictions where the offering can lawfully be made on a private placement basis. All shares issued under the offering will be subject to a four-month-and-one-day hold period from the date of issue in accordance with applicable securities laws in Canada, and potentially additional restrictions under the laws of other jurisdictions in which the offering may be made.

Digatrade Financial Corp. (OTCQB: DIGAF) came to a close up 2.41% on Tuesday with a volume north of 400,000. The company recently announced the execution of a Letter of Intent "LOI" for its Initial Coin Offering "ICO" with No Limits Consulting Limited based in Hong Kong. The project deck, currently under development, will include the leadership team, development team, new Digafund ICO platform & launch date, legal & accounting, regulatory compliance partnerships, white paper, token structure, use of proceeds and user guide registration for token activation among other items and requirements. As previously announced Digatrade is currently integrating the Ethereum Coin "ETH" onto the Digatrade platform to enable Digatrade customers and shareholders first access to register for the token release.