VANCOUVER, British Columbia, July 12, 2019 (GLOBE NEWSWIRE) — CUV Ventures Corp. (TSX-V: CUV) (“the Company”) is pleased to announce an update. Further to the news release dated 2nd July 2019, the company has successfully increased the paid-up share capital of the wholly owned subsidiary RevoluPAY S.L. to 435,000 Euros (approx. CA$ 645,000) on 11th July 2019. Due to the summer holidays across Europe, the company had greater difficulty than expected in obtaining a notary appointment to effect said Central Bank recommended capital increase, however, the task is now completely concluded.
Current PSD2 License Petition Status
The company has now satisfied the aforementioned Central Bank recommendation pertaining to the RevoluPAY S.L subsidiary paid-up capital increase. Subsequently, in an email from Hogan Lovells lead counsel addressed to RevoluPAY S.L CEO, Alfredo Manresa, dated July 11th at 7.20PM CET, Hogan Lovells informed the company that the aforementioned final capital increase is now submitted to the Central Bank and, no additional paperwork is pending submission to the Central Bank. Hogan Lovells lead counsel further affirms that, in their opinion, the today updated submission should tentatively garner a final Central Bank reply between 20-40 days from today.
RevoluREALTY Syndication Partnership with Global Listings
As per the news release dated 2nd July 2019 concerning the upcoming Real Estate payments vertical RevoluREALTY, the company has elected U.S based Global Listings Inc. to power the upcoming platform. GlobalListings.com currently offers real-time property searches covering approximately +2.1 million active real estate listings in roughly 100 different countries. A global property listings Syndication contract was signed on July 9th 2019, between Mr. Marshall, Director of the company’s wholly owned Canadian subsidiary, RevoluVIP International Inc, and CEO of GlobalListings.com, Mr. Michael Gerrity. As previously stated, the company expects RevoluREALTY to be live on 15th August 2019.
Global Listings Inc. Founder and CEO Michael Gerrity said, “We are excited to be working with such an innovative Blockchain-powered fintech payments app like RevoluPAY and, elated to power the upcoming vertical RevoluREALTY. Companies like these, that leverage Blockchain technologies today, are truly building the global real estate industry giants of tomorrow. Given our own company’s significant international property listings database scale, we are glad to have our real estate listings used as anchor content on RevoluREALTY’s new website and payments app launching soon, on a global scale.”
Company CEO Steve Marshall and, Director of the subsidiary RevoluVIP International Inc, commented, “After concluding extensive research, it became obvious to the Company, that GlobalListings.com offers by far the most extensive international real estate listings. Furthermore, the extensive assistance their tech team offers partners is second to none. We are excited to launch our new RevoluREALTY vertical, powered in conjunction with GlobalListings.com and, we expect this new vertical to focus upon higher value financial transactions than those presently handled by our RevoluPAY app”.
RevoluVIP Travel Club New Destination
Shareholders were advised on 2nd July 2019 that ChileVIP would be launched within the coming days. As a result, the in-house IT team were able to successfully launch ChileVIP.com. Chile receives approximately 6.4 Million annual tourists. The Company intends to continue this brisk pace, to roll-out other country destination websites as rapidly as is technically possible.
The company had announced in the news release dated 29th May 2019 that an update concerning RevoluFIN would be provided in the month of June. Notwithstanding, certain unforeseen factors, including the involvement of certain advisors in Panama’s General Election campaign, allied to the recent July 1st change of Presidency, have invariably delayed the company’s best intents to provide shareholders with the promised update. RevoluFIN Inc. Panama and, its local advisors, are elated by the outcome of the election and, the victory of incoming president Laurentino Cortizo.
The Company’s flagship technology is RevoluPAY®, the Apple and Android multinational payment app. Built entirely in-house, RevoluPAY features proprietary, sector specific, technology of which, the resulting source code is the property of the Company. RevoluPAY’s built-in features include: Leisure payments, travel payments, retail and hospitality payments, remittance payments, real estate payments, pay-as-you-go phone top-ups, Utility Bill payments, etc. RevoluPAY is powered by blockchain protocols, and, is squarely aimed at the worldwide multi-billion dollar leisure sector and, + $595 billion family remittance market. RevoluPAY® is operated by the European wholly owned subsidiary RevoluPAY S.L located in Barcelona. RevoluPAY S.L operates under European E-money – Directive 2009/110/EC through a licensed electronic money institution or EDE Banking Licensed entity.
Link Sources Utilized In This News Release
GlobalListings.com – https://www.globallistings.com/
Global Listings Property and Country Data – https://www.globallistings.com/property-search
World Bank remittance Data – http://www.worldbank.org/en/topic/migrationremittancesdiasporaissues/brief/migration-remittances-data
Chile annual Tourism – https://santiagotimes.cl/2018/01/10/chile-received-record-number-of-tourists-in-2017/
About CUV Ventures Corp.:
CUV Ventures Corp. is a multi-asset, multidivisional publicly traded Canadian company deploying advanced technologies in the; Online Travel, Vacation Resort, Mobile Apps, Money Remittance, Mobile phone top-ups, Invoice factoring, Blockchain Systems, and Fintech app sectors.
Our flagship technology is RevoluPAY®, the Apple and Android multinational leisure payments and remittance app, powered by blockchain protocols, and aimed at the worldwide + $595 billion family remittance market. Click here to read more.
For further information on CUV Ventures Corp. (TSX-V: CUV) visit the Company’s website at www.cuvventures.com. The Company has approximately 150,123,337 shares issued and outstanding.
CUV VENTURES CORP.
For further information contact:
CUV Ventures Corp.
Telephone: (604) 685-6465
Toll Free: 800-567-8181
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This release includes certain statements that may be deemed to be “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.
Stan Group Launched Buy-a-Brick to Reward Staff Members Through Revenue Sharing
An innovative staff incentive programme leveraging blockchain and real estate tokenization technology
Stan Group (Holdings) Limited (“Stan Group”) announced the launch of Buy-a-Brick, an innovative employee incentive and recognition programme that applies blockchain technology and real estate tokenization to enable Stan Group employees to generate wealth alongside Stan Group.
Committed to driving corporate innovation, Stan Group has pioneered the application of real estate tokenization to employee incentive and recognition. Buy-a-Brick is designed to motivate staff engagement in innovation, cultivate intrapreneurship and recognize staff for the efforts. Unlike other conventional revenue-sharing models, Buy-a-Brick provides employees with the opportunity to share the future capital gain of a building, without making any monetary contribution. A “Brick” is a digital token stored on the blockchain, which represents a smart contract for a selected building. By participating in Buy-a-Brick, if the property selected is sold and profit is made on the sale of that property, the brick holders will be entitled to share the profit made.
“We are thrilled to launch Buy-a-Brick for internal staff as it redefines staff appreciation. I believe every one of our staff members plays an integral role in the Group’s success and should be able to reap the reward and share the value created,” said Stan Tang, Chairman of Stan Group. “The launch of Buy-a-Brick has cemented the leading position of Stan Group in corporate innovation and entrepreneurship. Buy-a-Brick started with a dream, through matching the idea with resources within our business ecosystem, it is now a reality. I hope to ignite innovation and initiate change within and outside the Group, and shape a better future for entrepreneurs and all.”
Buy-a-Brick is the newest addition to the existing Stan Group credit system, where employees earn points with innovative business pitches, business referral, attending design thinking and other talent development workshops, etc. There are two types of points, namely Credit Point and Shared Value Point. With Credit Point, employees can redeem vouchers, hotel stay, and even an extra day off. On the other hand, the new Shared Value Points can be used to redeem a “Brick” at Buy-a-Brick.
About Stan Group
Stan Group (Holdings) Limited (“Stan Group” or “the Group”) is a leading conglomerate rooted in property with a wide array of diverse businesses. Committed to sustainable business development and social investment, the Group manages a HK$60 billion real estate portfolio in strategic partnership with the Tang Shing-bor family and operates more than 40 respected brands across five business pillars: property, hospitality, communication services, financial services and The STILE, innovative businesses with social purposes. Dedicated to innovation, collaboration, human focus and entrepreneurship, the Group’s core values empower it to achieve the vision of driving the vibrancy of society, and the mission of creating shared value (CSV) for shareholders, business partners, customers, employees and the community at large.
Malta AIBC Summit secures largest crowd for 2019
6000+ to attend Europe’s premier event for blockchain, AI, and emerging tech
Malta AI & Blockchain Summit will be Europe’s largest event for the blockchain, AI, and emerging tech sectors, it was today confirmed by events company SiGMA Group – the team behind the forward-looking business technology expo. More than 6000 are expected to attend the show, taking place on 7th and 8th November at the Intercontinental Hotel in St Julian’s, Malta.
Many delegates will likely be attending the various conferences and workshops at AIBC Summit, which have always been extremely popular. Headline topics will include the Future of Fintech, Business and Emerging Tech, Innovation, and of course, Regulation. Leading the discussions will be Joseph Muscat (Malta Prime Minister), Silvio Schembri (Malta Financial Services, Digital Economy and Innovation), Anthony Pompliano, AKON, Ian Balina, Matt Greenspan, Yorick Wilks, David Orban, Miko Matsumura, Grace Rachman, Tim Draper, Virgil Griffith, and Alfio Bardolla.
In addition to this enviable schedule of engaging content, the AI Start-up pitch will highlight 10 of the best Start-ups at the conference (there will be 100 or more in the Start-up village). Each of these 10 companies will pitch their concepts and services to a panel of judges, with one set to win a business-supporting package for the year.
The AIBC Awards on 7th November will be a glittering celebration of the best of the best in the worlds of AI, blockchain, tokenisation, robotics, IoT, and more. A charity event will wrap up the evening, with the intention of raising a 5 figure sum for the SiGMA Foundation’s global activities to help those in need.
Finally, this year’s show also adds glitz and glamour to the proceedings, courtesy of Grammy Awards-winning artist Akon, who will be delivering a keynote on the main stage about his West African AKOIN project, as well as performing at the extravagant closing night on Friday 8th November.
Eman Pulis, CEO & founder of SiGMA Group and AIBC Summit, said, “We’re so excited to bring this third edition of AIBC Summit to fruition in November. Alongside the latest government initiatives to further establish Malta as Europe’s leading hub for technology, our wider Malta Week activity will develop the synergy between the blockchain and medical cannabis sectors, offering a profitable new direction for smart DLT investors. It’s set to be a busy but successful week for everyone!”
– ends –
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Hashtags: #AIBCsummit #BlockchainIsland
For further information, please contact: firstname.lastname@example.org
Malta AI & Blockchain Summit is a bi-annual expo covering topics relating to the global sectors for blockchain, AI, Big Data, IoT, and Quantum technologies. The event includes conferences hosted by globally renowned speakers, workshops for industry learning and discussion, an exhibit space accommodating more than 400 brands and much more.
The first Malta Blockchain Summit took place in November 2018 at the Intercontinental Hotel in St Julians, Malta, attracting 8,500 attendees from over 80 countries worldwide, with 300 sponsors and exhibitors, 200 speakers, and No. 1 AI VIP (Sophia the world’s first robot citizen). With strong support from the Maltese government, the event has quickly established itself as one of the world’s leading destinations for the growing sectors of AI, Blockchain and DLT, IoT, and other vertical industries. At the 2018 event the Maltese government introduced 3 new bills to support the growth of the sector and promoting Malta as the “Blockchain Island”.
AIBC Summit Official Channel:
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ChainPoint 19 Conference | Connecting people, making future visible.
ChainPoint 19 Conference – commenced in Yerevan, Armenia for the second time, on the 14th of October, 2019. The conference was hosted by Nooor Blockchain Armenia and suffice as the opening partner event for the Aurora Forum.
About five hundred attendees gathered in the beautiful Dvin Hall to discuss the current state of blockchain and future tech, where it is headed, and the true potential that lies within the Armenian ecosystem. Speeches by Vigen Arushanyan, President of Nooor Blockchain Armenia, Tigran Khachatryan, the Minister of Economy of the Republic of Armenia, and Noubar Afeyan, Co-Founder of Aurora Forum, opened the ceremony.
Over the fulfilled two-days-program, there were 16 presentations, 7 panel discussions and a whole lot of networking! The key speakers included Global Crypto Leader and FinTech Leader for Asia at PwC Henri Arslanian, the Minister of Economy of the Republic of Armenia, Tigran Khachatryan, the Deputy Governor of the Central Bank of Armenia, Vakhtang Abrahamyan, the Deputy Governor of the Central Bank of Armenia, Chris Emms, the Business development manager at Bitcoin.com.
Topics of the the hottest panel discussions centered around:
- the regulatory aspects of crypto-assets
- Armenia as a home to future tech companies
- investments opportunities in blockchain
- the latest crypto trends and the rise of exchanges
- the merging of FinTech with blockchain.
The conference was an exceptional way to converge Nooor’s international blockchain community and local enthusiasts of the technology. ChainPoint became a cornerstone of opportunity, investment, and new beginnings. Without a doubt, Armenia established itself on the world blockchain map, showcasing the untapped resources that the region can offer.
In the scope of the ChainPoint 19 Conference, we had a networking event at the Armenian General Benevolent Union (AGBU), flavoured with Henri Arslanian’s book presentation “The Future of Finance: The Impact of FinTech, AI, and Crypto on Financial Services”. In the framework of AGBU’s Bridge for CSO’s program Henri Arslanian was appointed as the Goodwill Ambassador for Nooor Blockchain Armenia. With this there are a number of projects coming.
Additionally, during the conference we had witnessed the most outstanding speeches delivered from all the stakeholders involved in the development of blockchain in Armenia. Vakhtang Abrahamyan, the Deputy Governor of the Central Bank of Armenia, proposed his own vision towards the regulatory issues and stated that they are open to discussions and are looking at the market demand.
Parallel to the conference there was an Expo area where local and international businesses and organizations had the opportunity to present their offerings and receive feedback from the community.
One of the most noteworthy moments of the conference was the startup battle, which included a $350,000 prize fund raised by, CV VC labs, AE ventures, SmartGateVC, x10 Agency, ECOS and InnMind. The Prizes were granted to four lucky startups: CoinStats – the official portfolio tracking app of ChainPoint, To the Moon, Creatr and GeBeCert/SmartCheck.
ChainPoint 19 Conference is officially a part of the history now. See you at ChainPoint 2020 and let’s #thinkthefuture together!
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