Trending Stocks to Watch On Friday

CORAL GABLES, FL / ACCESSWIRE / March 23, 2018 / Recently, the rise of blockchain technology has companies finding new innovative ways to disrupt the future of industries such as finance, human resources, agriculture, and others. By definition, Blockchain is a digital ledger in which transactions are recorded chronologically and publicly. In today’s top news we mostly see blockchain associated with cryptocurrency, but a number of companies are capitalizing on how the core technology can help them go beyond bitcoin alone. Two companies in specific that have been using the blockchain technology in this regard are Block One Capital (OTCQB: BKPPF) and Pareteum Corporation (NYSE American: TEUM).

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Block One Capital (BKPPF) has increased in price during March by as much as 34% from the beginning of the month. The company specializes in the development of blockchain technology assets. One of its core companies in a company called Finzat, which is working to build a blockchain for the mortgage industry.

This market segment is already facing challenges when it comes to the traditional businesses already in place that do not involve blockchain technology. The challenges include things like the need for updated technology to drive efficiency; reduce overall cost; streamline work flow; and simplify loan origination and servicing processes.

The company stated in a press release that, “The mortgage industry is gravitating towards a mainstream paperless transaction process as blockchain and smart contracts are becoming conventional in the banking and financial markets.” Currently, shares of BKPPF closed the Wednesday session at roughly $0.59.

For more information on Block One’s full blockchain portfolio, CLICK HERE.

Parateum Corporation is a rapidly growing Cloud Communications Company Platform. Companies use Pareteum to energize their growth & profitability through a suite of could communication services, and complete turnkey solutions. The company’s platform service partners include tech giants such as IBM, Oracle and Microsoft.

The company recently announced that they have signed a 5-year contract to provide Managed Service Platform services to an Africa-based Mobile Virtual Network Operator worth a value of $15 million.

Vic Bozzo, CEO of Pareteum, stated, “Pareteum’s MSP Platform is a perfect fit for the contract with our newest global client. This part of the world represents high growth in connections as the digital economy takes over. We are pleased with Rob Mumby and his team as they continue to add customers to our platform.”

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