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World Blockchain Business Opportunities & Outlook 2016-2025 (2019 Databook Series)

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Dublin, Sept. 17, 2019 (GLOBE NEWSWIRE) — The “Global Blockchain Business Opportunities and Outlook Databook Series (2016-2025) – Blockchain Market Size / Spending Across 11 Sectors, 75+ Application Segments, Type of Blockchain, and Technology (Applications, Services, Hardware)” report has been added to ResearchAndMarkets.com’s offering.

This business intelligence report aims to analyze market opportunities and risks in blockchain technology and its applications in over 75 areas across 11 industries globally. This is a data centric report, consisting of 185 charts and 150 tables, providing detailed understanding of market dynamics. This report covers country level market size / spending forecast (2016-2025) by blockchain applications, type of blockchain, and technology domain.

Global Market Size & Spending by Industry, 2016-2025

  • Banking & Finance
  • Insurance
  • Healthcare & Pharmaceuticals
  • Retail
  • Automotive
  • Defense & Aerospace
  • Construction
  • Public Sector
  • Professional Services
  • Agriculture
  • Energy and Utilities

Reason to Buy

  • How big is the opportunity for blockchain technology based products and services globally?
  • How much are leading players investing in blockchain based initiatives?
  • Which application areas across industries and should be targeted to maximize ROI?

Key Topics Covered

1 About this Report

2 Global Blockchain Spending Snapshot and Future Growth Dynamics
2.1 Global Blockchain Market Size by Value, 2016-2025
2.2 Global Blockchain Spend Market Share Analysis by Key Industries
2.3 Spending globally by Type of Blockchain
2.4 Global Blockchain Spend Market Share Analysis by Technology Domain
2.5 Benchmarking Blockchain Spending globally with Other Countries

3 Blockchain Spending Analysis in Banking and Finance Industry globally
3.1 Blockchain Spending Analysis in Banking and Finance Industry, 2016-2025
3.2 Blockchain Spending Analysis in Banking and Finance Industry by Application, 2016-2025
3.2.1 Spend Analysis on KYC Data and Due Diligence in Banking and Finance Industry
3.2.2 Spend Analysis on Trade Finance in Banking and Finance Industry
3.2.3 Spend Analysis on Capital Markets in Banking and Finance Industry
3.2.4 Spend Analysis on Initial Coin Offerings in Banking and Finance Industry
3.2.5 Spend Analysis on Fraud Detection in Banking and Finance Industry
3.2.6 Spend Analysis on Cross Border Payments in Banking and Finance Industry
3.2.7 Spend Analysis on Risk Management and Compliance in Banking and Finance Industry
3.2.8 Spend Analysis on Loan Management in Banking and Finance Industry
3.3 Blockchain Spending Analysis in Banking and Finance Industry by Type of Blockchain, 2016-2025
3.3.1 Spend Analysis on Public Blockchain in Banking and Finance Industry
3.3.2 Spend Analysis on Private Blockchain in Banking and Finance Industry
3.3.3 Spend Analysis on Hybrid/Consortium Blockchain in Banking and Finance Industry
3.4 Blockchain Spending Analysis in Banking and Finance Industry by Technology Domain, 2016-2025
3.4.1 Spend Analysis on Software Development in Banking and Finance Industry
3.4.2 Spend Analysis on Technology Services in Banking and Finance Industry
3.4.3 Spend Analysis on Hardware in Banking and Finance Industry

4 Blockchain Spending Analysis in Insurance Industry globally
4.1 Blockchain Spending Analysis in Insurance Industry, 2016-2025
4.2 Blockchain Spending Analysis in Insurance Industry by Application, 2016-2025
4.2.1 Spend Analysis on Product Development and Distribution in Insurance Industry
4.2.2 Spend Analysis on Policy Administration and Operations in Insurance Industry
4.2.3 Spend Analysis on Claims Processing in Insurance Industry
4.2.4 Spend Analysis on Pricing/Underwriting in Insurance Industry
4.2.5 Spend Analysis on Risk Capital and Investment Management in Insurance Industry
4.2.6 Spend Analysis on Regulatory and Compliance in Insurance Industry
4.2.7 Spend Analysis on Payment and Collections in Insurance Industry
4.3 Blockchain Spending Analysis in Insurance Industry by Type of Blockchain, 2016-2025
4.3.1 Spend Analysis on Public Blockchain in Insurance Industry
4.3.2 Spend Analysis on Private Blockchain in Insurance Industry
4.3.3 Spend Analysis on Hybrid/Consortium Blockchain in Insurance Industry
4.4 Blockchain Spending Analysis in Insurance Industry by Technology Domain, 2016-2025
4.4.1 Spend Analysis on Software Development in Insurance Industry
4.4.2 Spend Analysis on Technology Services in Insurance Industry
4.4.3 Spend Analysis on Hardware in Insurance Industry

5 Blockchain Spending Analysis in Healthcare & Pharmaceuticals Industry globally
5.1 Blockchain Spending Analysis in Healthcare & Pharmaceuticals Industry, 2016-2025
5.2 Blockchain Spending Analysis in Healthcare & Pharmaceuticals Industry by Application, 2016-2025
5.2.1 Spend Analysis on Drug Traceability in Healthcare & Pharmaceuticals Industry
5.2.2 Spend Analysis on Clinical Trials in Healthcare & Pharmaceuticals Industry
5.2.3 Spend Analysis on Drug Development in Healthcare & Pharmaceuticals Industry
5.2.4 Spend Analysis on Data Management – Monitoring and IOT Devices in Healthcare & Pharmaceuticals Industry
5.2.5 Spend Analysis on Health Records & Data Security in Healthcare & Pharmaceuticals Industry
5.2.6 Spend Analysis on Claims Billing and Payment in Healthcare & Pharmaceuticals Industry
5.2.7 Spend Analysis on Supply Chain Management in Healthcare & Pharmaceuticals Industry
5.3 Blockchain Spending Analysis in Healthcare & Pharmaceuticals Industry by Type of Blockchain, 2016-2025
5.3.1 Spend Analysis on Public Blockchain in Healthcare & Pharmaceuticals Industry
5.3.2 Spend Analysis on Private Blockchain in Healthcare & Pharmaceuticals Industry
5.3.3 Spend Analysis on Hybrid/Consortium Blockchain in Healthcare & Pharmaceuticals Industry
5.4 Blockchain Spending Analysis in Healthcare & Pharmaceuticals Industry by Technology Domain, 2016-2025
5.4.1 Spend Analysis on Software Development in Healthcare & Pharmaceuticals Industry
5.4.2 Spend Analysis on Technology Services in Healthcare & Pharmaceuticals Industry
5.4.3 Spend Analysis on Hardware in Healthcare & Pharmaceuticals Industry

6 Blockchain Spending Analysis in Retail Industry globally
6.1 Blockchain Spending Analysis in Retail Industry, 2016-2025
6.2 Blockchain Spending Analysis in Retail Industry by Application, 2016-2025
6.2.1 Spend Analysis on Product Tracing and Counterfeit Goods in Retail Industry
6.2.2 Spend Analysis on Billing and Payment in Retail Industry
6.2.3 Spend Analysis on Claims and Settlements in Retail Industry
6.2.4 Spend Analysis on Virtual Warranty Management in Retail Industry
6.2.5 Spend Analysis on Contract Management in Retail Industry
6.2.6 Spend Analysis on Supply Chain Management in Retail Industry
6.3 Blockchain Spending Analysis in Retail Industry by Type of Blockchain, 2016-2025
6.3.1 Spend Analysis on Public Blockchain in Retail Industry
6.3.2 Spend Analysis on Private Blockchain in Retail Industry
6.3.3 Spend Analysis on Hybrid/Consortium Blockchain in Retail Industry
6.4 Blockchain Spending Analysis in Retail Industry by Technology Domain, 2016-2025
6.4.1 Spend Analysis on Software Development in Retail Industry
6.4.2 Spend Analysis on Technology Services in Retail Industry
6.4.3 Spend Analysis on Hardware in Retail Industry

7 Blockchain Spending Analysis in Automotive Industry globally
7.1 Blockchain Spending Analysis in Automotive Industry, 2016-2025
7.2 Blockchain Spending Analysis in Automotive Industry by Application, 2016-2025
7.2.1 Spend Analysis on Automotive Spare Parts and Warranty in Automotive Industry
7.2.2 Spend Analysis on Identity Management in Automotive Industry
7.2.3 Spend Analysis on Ride Sharing in Automotive Industry
7.2.4 Spend Analysis on V2X Communication in Automotive Industry
7.2.5 Spend Analysis on Auto Financing in Automotive Industry
7.2.6 Spend Analysis on Billing and Payment in Automotive Industry
7.2.7 Spend Analysis on Supply Chain Management in Automotive Industry
7.2.8 Spend Analysis on Automotive Asset Transfer in Automotive Industry
7.3 Blockchain Spending Analysis in Automotive Industry by Type of Blockchain, 2016-2025
7.3.1 Spend Analysis on Public Blockchain in Automotive Industry
7.3.2 Spend Analysis on Private Blockchain in Automotive Industry
7.3.3 Spend Analysis on Hybrid/Consortium Blockchain in Automotive Industry
7.4 Blockchain Spending Analysis in Automotive Industry by Technology Domain, 2016-2025
7.4.1 Spend Analysis on Software Development in Automotive Industry
7.4.2 Spend Analysis on Technology Services in Automotive Industry
7.4.3 Spend Analysis on Hardware in Automotive Industry

8 Blockchain Spending Analysis in Defense & Aerospace Industry globally
8.1 Blockchain Spending Analysis in Defense & Aerospace Industry, 2016-2025
8.2 Blockchain Spending Analysis in Defense & Aerospace Industry by Application, 2016-2025
8.2.1 Spend Analysis on Supply Chain Management in Defense & Aerospace Industry
8.2.2 Spend Analysis on Contract Management in Defense & Aerospace Industry
8.2.3 Spend Analysis on Manufacturing Process and Part Identification in Defense & Aerospace Industry
8.2.4 Spend Analysis on Document Management and Secure Communication in Defense & Aerospace Industry
8.2.5 Spend Analysis on Identity and Access Management in Defense & Aerospace Industry
8.2.6 Spend Analysis on Secure Platform and Application Development in Defense & Aerospace Industry
8.2.7 Spend Analysis on Asset Transfer in Defense & Aerospace Industry
8.2.8 Spend Analysis on Cyber Security in Defense & Aerospace Industry
8.3 Blockchain Spending Analysis in Defense & Aerospace Industry by Type of Blockchain, 2016-2025
8.3.1 Spend Analysis on Public Blockchain in Defense & Aerospace Industry
8.3.2 Spend Analysis on Private Blockchain in Defense & Aerospace Industry
8.3.3 Spend Analysis on Hybrid/Consortium Blockchain in Defense & Aerospace Industry
8.4 Blockchain Spending Analysis in Defense & Aerospace Industry by Technology Domain, 2016-2025
8.4.1 Spend Analysis on Software Development in Defense & Aerospace Industry
8.4.2 Spend Analysis on Technology Services in Defense & Aerospace Industry
8.4.3 Spend Analysis on Hardware in Defense & Aerospace Industry

9 Blockchain Spending Analysis in Construction Industry globally
9.1 Blockchain Spending Analysis in Construction Industry, 2016-2025
9.2 Blockchain Spending Analysis in Construction Industry by Application, 2016-2025
9.2.1 Spend Analysis on Supply Chain Management in Construction Industry
9.2.2 Spend Analysis on Asset Transfer in Construction Industry
9.2.3 Spend Analysis on Contract Management in Construction Industry
9.2.4 Spend Analysis on Internet of Things in Construction Industry
9.2.5 Spend Analysis on Identity and Access Management in Construction Industry
9.2.6 Spend Analysis on Payment and Settlement in Construction Industry
9.3 Blockchain Spending Analysis in Construction Industry by Type of Blockchain, 2016-2025
9.3.1 Spend Analysis on Public Blockchain in Construction Industry
9.3.2 Spend Analysis on Private Blockchain in Construction Industry
9.3.3 Spend Analysis on Hybrid/Consortium Blockchain in Construction Industry
9.4 Blockchain Spending Analysis in Construction Industry by Technology Domain, 2016-2025
9.4.1 Spend Analysis on Software Development in Construction Industry
9.4.2 Spend Analysis on Technology Services in Construction Industry
9.4.3 Spend Analysis on Hardware in Construction Industry

10 Blockchain Spending Analysis in Public Sector Industry globally
10.1 Blockchain Spending Analysis in Public Sector Industry, 2016-2025
10.2 Blockchain Spending Analysis in Public Sector Industry by Application, 2016-2025
10.2.1 Spend Analysis on Identity and Access Management in Public Sector Industry
10.2.2 Spend Analysis on Voting Systems in Public Sector Industry
10.2.3 Spend Analysis on Regulatory Compliance and Audit in Public Sector Industry
10.2.4 Spend Analysis on Asset Management and Registration in Public Sector Industry
10.2.5 Spend Analysis on Health Records in Public Sector Industry
10.2.6 Spend Analysis on Processing Tax Payments in Public Sector Industry
10.2.7 Spend Analysis on Government Payments and Citizen Services in Public Sector Industry
10.3 Blockchain Spending Analysis in Public Sector Industry by Type of Blockchain, 2016-2025
10.3.1 Spend Analysis on Public Blockchain in Public Sector Industry
10.3.2 Spend Analysis on Private Blockchain in Public Sector Industry
10.3.3 Spend Analysis on Hybrid/Consortium Blockchain in Public Sector Industry
10.4 Blockchain Spending Analysis in Public Sector Industry by Technology Domain, 2016-2025
10.4.1 Spend Analysis on Software Development in Public Sector Industry
10.4.2 Spend Analysis on Technology Services in Public Sector Industry
10.4.3 Spend Analysis on Hardware in Public Sector Industry

11 Blockchain Spending Analysis in Professional Services Industry globally
11.1 Blockchain Spending Analysis in Professional Services Industry, 2016-2025
11.2 Blockchain Spending Analysis in Professional Services Industry by Application, 2016-2025
11.2.1 Spend Analysis on Identity and Access Management in Professional Services Industry
11.2.2 Spend Analysis on Regulatory Compliance and Audit in Professional Services Industry
11.2.3 Spend Analysis on Payment and Settlement in Professional Services Industry
11.2.4 Spend Analysis on Contract Management in Professional Services Industry
11.2.5 Spend Analysis on Secure Platform and Application Development in Professional Services Industry
11.2.6 Spend Analysis on Document Management and Secure Communication in Professional Services Industry
11.3 Blockchain Spending Analysis in Professional Services Industry by Type of Blockchain, 2016-2025
11.3.1 Spend Analysis on Public Blockchain in Professional Services Industry
11.3.2 Spend Analysis on Private Blockchain in Professional Services Industry
11.3.3 Spend Analysis on Hybrid/Consortium Blockchain in Professional Services Industry
11.4 Blockchain Spending Analysis in Professional Services Industry by Technology Domain, 2016-2025
11.4.1 Spend Analysis on Software Development in Professional Services Industry
11.4.2 Spend Analysis on Technology Services in Professional Services Industry
11.4.3 Spend Analysis on Hardware in Professional Services Industry

12 Blockchain Spending Analysis in Agriculture Industry globally
12.1 Blockchain Spending Analysis in Agriculture Industry, 2016-2025
12.2 Blockchain Spending Analysis in Agriculture Industry by Application, 2016-2025
12.2.1 Spend Analysis on Produce Tracking and Authentication in Agriculture Industry
12.2.2 Spend Analysis on Payment and Settlement in Agriculture Industry
12.2.3 Spend Analysis on Supply Chain Management in Agriculture Industry
12.2.4 Spend Analysis on Contract Management in Agriculture Industry
12.3 Blockchain Spending Analysis in Agriculture Industry by Type of Blockchain, 2016-2025
12.3.1 Spend Analysis on Public Blockchain in Agriculture Industry
12.3.2 Spend Analysis on Private Blockchain in Agriculture Industry
12.3.3 Spend Analysis on Hybrid/Consortium Blockchain in Agriculture Industry
12.4 Blockchain Spending Analysis in Agriculture Industry by Technology Domain, 2016-2025
12.4.1 Spend Analysis on Software Development in Agriculture Industry
12.4.2 Spend Analysis on Technology Services in Agriculture Industry
12.4.3 Spend Analysis on Hardware in Agriculture Industry

13 Blockchain Spending Analysis in Energy and Utilities Industry globally
13.1 Blockchain Spending Analysis in Energy and Utilities Industry, 2016-2025
13.2 Blockchain Spending Analysis in Energy and Utilities Industry by Application, 2016-2025
13.2.1 Spend Analysis on Smart Metering and Billing in Energy and Utilities Industry
13.2.2 Spend Analysis on Contract Management in Energy and Utilities Industry
13.2.3 Spend Analysis on Energy Credits/Certificates in Energy and Utilities Industry
13.2.4 Spend Analysis on Trading and Smart Grids in Energy and Utilities Industry
13.2.5 Spend Analysis on Identity and Access Management in Energy and Utilities Industry
13.2.6 Spend Analysis on Supply Chain Management in Energy and Utilities Industry
13.3 Blockchain Spending Analysis in Energy and Utilities Industry by Type of Blockchain, 2016-2025
13.3.1 Spend Analysis on Public Blockchain in Energy and Utilities Industry
13.3.2 Spend Analysis on Private Blockchain in Energy and Utilities Industry
13.3.3 Spend Analysis on Hybrid/Consortium Blockchain in Energy and Utilities Industry
13.4 Blockchain Spending Analysis in Energy and Utilities Industry by Technology Domain, 2016-2025
13.4.1 Spend Analysis on Software Development in Energy and Utilities Industry
13.4.2 Spend Analysis on Technology Services in Energy and Utilities Industry
13.4.3 Spend Analysis on Hardware in Energy and Utilities Industry

For more information about this report visit https://www.researchandmarkets.com/r/dxm5hx

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Blockchain PR

Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Filed Against Overstock.Com, Inc.

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RADNOR, Pa., Oct. 14, 2019 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the District of Utah against Overstock.com, Inc. (Nasdaq:  OSTK) (“Overstock”) on behalf of those who purchased or otherwise acquired Overstock securities between between May 9, 2019 and September 23, 2019, inclusive (the “Class Period”).

Important Deadline:  Investors who purchased or otherwise acquired Overstock securities during the Class Period may, no later than November 26, 2019, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please click here.

According to the complaint, Overstock is an online retailer of furniture, home décor and other products that recently shifted its focus to include the development and commercialization of the financial applications of blockchain cryptocurrency technologies through its tZERO platform.

The Class Period commences on May 9, 2019, when the defendants published a release announcing purported results for the first quarter of 2019. The release announced that, after spending $100 million of shareholder funds over the last four years, Overstock’s tZERO product was ready to launch, and critically, that Overstock Retail department was performing so well that EBITDA guidance could be increased by 50%. As defendants explained in the release, the return of Overstock Retail to positive cash flow was imperative in supporting the launch of tZERO.

According to the complaint, on Sunday, September 22, 2019, MarketWatch published a report titled, “Overstock founder tried to squeeze short sellers, then sold out when the SEC cracked down.”  The report stated, in part, “One of Patrick Byrne’s last acts at Overstock.com Inc. appears to have forced a short squeeze that warranted the attention of the Securities and Exchange Commission, and the sell-off of his entire stake over the last three days is now raising questions about whether he tried to manipulate the market.”  The report also noted the implications of the unusual timing and amount of defendant Byrne’s stock sales.  The report concluded, “[e]ven if Byrne escapes charges of market manipulation or insider trading, this is still a horrible look: Amid an ongoing investigation by the SEC’s enforcement division into Overstock’s tZERO platform and its token offering, the chief executive quit and sold his entire stake while seemingly hiding out in an unidentified Asian country, with plans to invest the money in ways that it may not be recoverable by U.S. authorities.”

On September 23, 2019, Overstock belatedly reported that its Chief Financial Officer, defendant Gregory Iverson, had left Overstock in an unscheduled departure a week before, on September 17, 2019, and that Overstock would lower guidance to break even EBITDA for the year, eliminating the projected $17.5 million that Overstock had only recently guided to expect. Following this news, the price of Overstock shares fell from just below $15.00 per share on September 20, 2019, the trading day prior to September 23, 2019, to $11.19 per share.

The complaint alleges that, throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (i) it was not true that Overstock would be able to support the launch of its tZERO cryptocurrency with earnings or cash flow from its Retail operations; (ii) the foreseeable likelihood that Overstock’s ability to accomplish its intended short squeeze would embolden the SEC or even market participants, such as major brokerage houses, to act to prevent this market manipulation; (iii) it was also not true that Overstock contained adequate systems of internal operational or financial controls; and (iv) the defendants lacked any reasonable basis to claim that Overstock was operating according to plan, or that Overstock could achieve guidance sponsored and/or endorsed by defendants.

If you wish to discuss this securities fraud class action lawsuit or have any questions concerning this notice or your rights or interests with respect to this litigation, please contact Kessler Topaz Meltzer & Check (James Maro, Jr., Esq. or Adrienne Bell, Esq.) at (844) 887-9500 (toll free) or (610) 667–7706, or via e-mail at info@ktmc.com.

Overstock investors may, no later than November 26, 2019, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, or other counsel, or may choose to do nothing and remain an absent class member.  A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class.  Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. 

Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.  The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).  The complaint in this action was not filed by Kessler Topaz Meltzer & Check. For more information about Kessler Topaz Meltzer & Check, please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 887-9500  (toll free)
(610) 667-7706
info@ktmc.com

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Blockchain PR

Medici Land Governance Signs MOU with St. Kitts and Nevis Government for a Cadaster System, Incorporating High-Resolution Aerial Imagery Technology

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SALT LAKE CITY, Oct. 14, 2019 (GLOBE NEWSWIRE) — Overstock.com, Inc. (NASDAQ:OSTK) announced that Medici Land Governance (MLG), its blockchain subsidiary focused on land administration, has signed a Memorandum of Understanding (MOU) with the Government of St. Kitts and Nevis to develop a cadaster system incorporating high-resolution aerial imagery of St. Kitts’ parcels to be integrated into their current land administration system. A cadaster is a visual representation of land and other real property showing the location and extent of property often with imagery and diagrams.

“This is another auspicious achievement as Medici Ventures advances its innovative mission to build a foundation of blockchain technology with an empowering impact on the daily life, business, governance, and economy of nations. This agreement between St. Kitts and MLG is in addition to the precedent-setting agreement our blockchain-meets-central banking company Bitt signed earlier with the Eastern Caribbean Central Bank, also headquartered in St. Kitts,” said Jonathan Johnson, CEO of Overstock and president of Medici Ventures. “Our technology stack for civilization is getting traction in this forward-looking country.”

As part of the larger group of 18 keiretsu companies under Medici Ventures, MLG’s expertise in blockchain-based land administration incorporates numerous specialized technologies. For this project, MLG will capture and incorporate high-resolution aerial imagery into a cadaster system that St. Kitts can integrate with its land administration system. This will significantly aid in estimating property and building size and value, and by taking into account St. Kitts’ valuation and assessment policies, the government can derive more accurate information for taxation and land-related revenue generation.

“MLG is delighted to play a substantial role in St. Kitts’ significant undertaking of institutionalizing a true 21st century land administration system,” said Ali El Husseini, PhD, CEO of Medici Land Governance. “This project is an excellent opportunity for MLG to demonstrate the technological expertise of a major component of its services and products for high-tech land information and management systems, which can empower the economic potential individually and collectively in many countries.”

With this project, MLG continues to expand its global presence with ongoing projects in Zambia, Rwanda, Liberia and Mexico. Earlier this year, MLG completed a project in Wyoming’s Teton County, making it the first county in the U.S. to record land information (including warranty deeds, mortgages, release of liens, and other similar documents), on a blockchain platform.

Medici Land Governance was founded in 2018 to put the power of property ownership and equity into the hands of individuals by applying blockchain and other technologies to provide low-cost, easy-to-use land administration systems. MLG is a subsidiary of Medici Ventures, Overstock.com’s wholly-owned blockchain accelerator. Medici Ventures’ mission is to introduce blockchain technology to existing markets to democratize capital, eliminate middlemen, and re-humanize commerce.

Today, Medici Ventures oversees a global keiretsu of companies building the foundation of a technology stack for civilization based on trust systems that utilize blockchain and other related technologies instead of rent-seeking middlemen. Medici Ventures’ network of companies are introducing blockchain technologies to industries such as identity, land governance, money and banking, capital markets, supply chain, and voting.

About Medici Land Governance

Medici Land Governance leverages blockchain and other technologies to support land governance, titling, and administration with a secure public record of land ownership. With land records stored on the blockchain, land ownership is standardized and can be recognized by local and global economies. Blockchain applied to land improves lives, stimulates economies, and strengthens communities. Medici Land Governance supports agencies in the digitization of their current records, engendering trust and security in data by diminishing human error and accidental damage to records.

About Medici Ventures

Launched in 2014, Medici Ventures is a wholly-owned subsidiary of Overstock.com, Inc. created to leverage blockchain technology to solve real-world problems with transparent, efficient, and secure solutions. Medici Ventures has interests in a global keiretsu of groundbreaking blockchain-focused companies focused on building the foundation of a technology stack for civilization. Medici Ventures’ companies are introducing blockchain technology to industries including identity, land governance, money and banking, capital markets, supply chain, and voting. The company’s majority-owned financial technology company, tZERO, executed the world’s first blockchain-based stock offering in December 2016.

About Overstock.com

Overstock.com, Inc Common Shares (NASDAQ:OSTK) / Digital Voting Series A-1 Preferred Stock (Medici Ventures’ tZERO platform:OSTKO) / Series B Preferred (OTCQX:OSTBP) is an online retailer and technology company based in Salt Lake City, Utah. Its leading e-commerce website sells a broad range of new products at low prices, including furniture, décor, rugs, bedding, home improvement, and more. The online shopping site, which is visited by nearly 40 million customers a month, also features a marketplace providing customers access to millions of products from third-party sellers. Overstock was the first major retailer to accept cryptocurrency in 2014, and in the same year founded Medici Ventures, its wholly-owned subsidiary developing and accelerating blockchain technologies to democratize capital, eliminate middlemen, and re-humanize commerce. Overstock regularly posts information about the company and other related matters on the Newsroom and Investor Relations pages on its website, Overstock.com.

O, Overstock.com, O.com, Club O, Main Street Revolution, and Worldstock are registered trademarks of Overstock.com, Inc. Other service marks, trademarks and trade names which may be referred to herein are the property of their respective owners.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include all statements other than statements of historical fact including but not limited to our expectations regarding Medici Land Governance. Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company’s Form 10-Q for the quarter ended June 30, 2019, which was filed with the SEC on August 8, 2019, and any subsequent filings with the SEC.

SOURCE: Overstock.com, Inc.

Media Contact:
pr@overstock.com
pr@mediciland.com
  
Investor Contact:
ir@overstock.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b261950c-e90f-4972-b037-078ecf99e9cd

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Blockchain PR

IDG Launches Premium Resource for Technology Leaders, Insider Pro

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Insider Pro members gain access to in-depth tech research, enterprise product reviews, hands-on advice, career resources and exclusive feature articles

Boston, Oct. 14, 2019 (GLOBE NEWSWIRE) — IDG Communications, Inc. – the world’s leading tech media, data, and marketing services company – is proud to announce the launch of Insider Pro, the company’s newest subscription service providing exclusive content from IDG publications on the hottest topics in technology (click to tweet). Insider Pro provides a unique platform where readers can access a multitude of resources to gain important insights into the IT industry. Subscribers can enjoy feature stories, proprietary research, product reviews, career guidance, e-books and much more. Content is generated by the IDG editorial team as well as a contributing network of industry experts and thought leaders. 

“Insider Pro offers an immersive and in-depth experience for subscribers that are passionate about technology and business trends,” said Dan Muse, Editor of Insider Pro. “With 50+ years of deep domain expertise, we understand the technology landscape like no one else; this knowledge fuels the quality content behind Insider Pro. Content is produced by Insider Pro contributors, which include some of the industry’s top journalists, exclusive partners and IDG’s award-winning B2B brands. We couldn’t be prouder to launch this new site for our dedicated audience of technology professionals.”

The ad-free service provides access to a wide range of content for a variety of tech influencers – from developers to business leaders and all the way to CIOs. Subscribers can download reports that integrate award-winning coverage from IDG brands including CIO, Computerworld, CSO, InfoWorld and Network World. A subscription also provides access to original research from IDG and its affiliates as well as a library full of historical data. Content focuses on the most pressing technology topics such as: AI/machine learning, blockchain, cloud, data center, edge, IoT, IT strategy, mobile, SaaS, security, 5G and much more.

Insider Pro is also dedicated to helping subscribers progress in their IT careers. Through the platform, industry experts share advice on how to navigate the complex IT ecosystem, advance within a company or move in a new direction with certification guides, resume samples and more. There is also an abundance of information available on the latest hiring trends and skills that organizations are prioritizing.

“In a market that is constantly evolving, Insider Pro is an invaluable resource for IT professionals focused on the most cutting-edge technologies and emerging business patterns,” added Mark Lewis, VP, Audience Development, IDG Communications, Inc. “We offer a variety of membership packages providing flexibility for our readers and look forward to growing the Insider Pro community as we close out 2019.”

To celebrate the launch of Insider Pro, new subscribers will receive 30% off their first three months; learn more.

About Insider Pro
Subscribe to IDG’s Insider Pro for access to articles available only to our members, including in-depth research and special reports, editor-curated packages that bundle the best content from IDG publications on the hottest topics in the tech industry, and much more.

About IDG Communications, Inc.
IDG Communications connects the world of tech buyers with insights, intent and engagement. We are the world’s largest media, data and marketing services company that activates and engages the most influential technology buyers. Our premium brands, including CIO®, Computerworld®, CSO®, InfoWorld®, Macworld®, Network World®, and PCWorld® engage a quality audience of the most powerful audience of technology buyers providing essential guidance on the evolving technology landscape.

Our global data intelligence platform activates purchasing intent, powering our clients’ success. IDG Marketing Services creates custom content with marketing impact across video, mobile, social and digital. We execute complex campaigns that fulfill marketers’ global ambitions seamlessly with consistency that delivers quality results.

Follow Insider Pro on Twitter @InsiderPro_IDG
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CONTACT: Alex Kastrinelis
Marketing Specialist
IDG Communications, Inc.
alex_kastrinelis@idg.com
508.766.5478
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