NetCents Technology Inc. (“NetCents” or the “Company“) (CSE: NC) (Frankfurt: 26N), is pleased to announce that it has released its Zero Confirmation and Risk Analysis technology that guarantees cryptocurrency transactions before they are confirmed on the blockchain.

“The delay in transaction approval is the biggest hurdle for card present, retail merchant and partner adoption. As it is right now, there is a delay for all cryptocurrency transactions, opening a window for transactions to timeout, fraud, and double spending,” stated Clayton Moore, CEO of NetCents Technology. “The launch of this technology lines up with our POS and terminal integration and rollout. Being integrated with companies like Oracle and PAX, who alone has over 26 million terminals, the delay at the point of sale was something that we knew we needed to eliminate to instill confidence for retail merchants to begin accepting cryptocurrency and avoid transaction delays for the consumer.”

In addition, the Company will be licensing this technology to cryptocurrency payment processors, retailers, and any business that is looking to validate a transaction before the transaction is confirmed on the blockchain. There are currently over 287,000 blockchain transactions per day that this technology can be applied to. With the wait time currently being the biggest hurdle for retail adoption, this technology eliminates that hurdle which the Company anticipates will further drive merchant and transaction growth.

The NetCents Zero Confirmation and Risk Analysis technology facilitates near-instant, risk-mitigated commerce, guaranteeing the cryptocurrency transaction before it is confirmed by miners on the blockchain. The technology provides a score for each transaction, guaranteeing the transaction against double spend, expiration, and other fraud. If the transaction passes the NetCents scoring algorithm, the transaction is approved with 0 confirmations. At launch, the Company will be using this technology for all Bitcoin transactions and will be rolling out for Litecoin and Bitcoin Cash transactions within the next 6-weeks.

This platform enhancement reduces the wait time at point of sale transactions which the Company has seen take up to 30 minutes. With Zero Confirmation and Risk Analysis, NetCents is now able to deliver near real-time confirmation for 98% of all Bitcoin transactions.

SOURCE NetCents Technology Inc.

Sundial Growers Inc. (Sundial) is pleased to announce it has secured a cannabis supply agreement with the Ontario Cannabis Store (OCS).  The agreement will give Sundial access to Canada’s largest cannabis consumer market, contributing to its vision of becoming one of the most trusted cannabis companies.

Sundial recently announced amended licences and added cultivation space at its flagship facility in Olds, Alberta.  Through this added growing capacity, Sundial will scale production of high-quality cannabis to serve both the adult-use and medical markets across the country.

“While the immediate focus for Sundial remains on ensuring uninterrupted supply to our existing customers, the Ontario market will be critical for Sundial’s long-term strategy of establishing a considerable distribution network in Canada,” said Andrew Stordeur, Chief Commercial Officer at Sundial. “We truly appreciate the due diligence initiated by the OCS during the competitive approval process and we are confident it will be a great partnership moving forward.”

The OCS is the province’s sole legal online retailer and wholesaler for recreational cannabis. Its focus is on providing safe and responsible access to recreational cannabis through its online retail store and operating the wholesale distribution network for legal private stores in Ontario.

Sundial crafts premium quality, small-batch cannabis with its best-in-class facilities. Sundial differentiates itself from other licensed producers by growing “craft-at-scale” cannabis using purpose-built modular systems and award-winning genetics.

For more information about Sundial Growers Inc., visit www.sundialcannabis.com and follow us on Twitter @sundialcannabis and Instagram @SundialCannabis.

SOURCE Sundial Growers

NexTech AR Solutions (the “Company” or “NexTech”) (CSE: NTAR) (OTC: NEXCF) (FSE:N29) is pleased to announce it has achieved a major milestone by being able to offer eCommerce clients 3D advertising solutions on Facebook. NexTech is rapidly building out its AR-3D product offerings, including shopping, learning, video conferencing, and now ads on Facebook. With 1.5 billion people on Facebook, this new product offering is a big step forward in creating the most robust vertically integrated AR-3D offering on the market today.

“NexTech is systematically building out its product offerings and ecosystem enabling AR-3D objects to be seen and experienced at multiple touch points throughout a person’s daily journey, be it shopping, learning, video conferencing and now through ads on Facebook” said Evan Gappelberg, CEO of NexTech. “Having the ability to offer 3D advertising options to our AR eCommerce customers is a big deal since the majority of spend in eCommerce is on ads”.

A 3D ad experience allows the user to truly experience products, viewing from any angle or scale with rich true rendering. This essentially provides an out of store shopping experience, the closest you can get to the actual product before buying it. Split-testing by Sketchfab-branded 3D ads versus traditional static ads bears out just how dramatically engagement can improve, showing a 633% increase in sign-up conversions and a 376% increase in click through rates.

“NexTech is the first to market for Facebook advertising with a platform that can publish from a single user interface to it, alongside the existing channels for delivery,” said Reuben Tozman, COO of NexTech. “That leaves us uniquely positioned to grow alongside the largest ad platform on the planet without losing the power and fidelity of existing AR experiences.”

The company is continuing to develop its new business pipeline, targeting high-growth verticals such as eCommerce, Education & Training, and Live Streaming & Telepresence, with an initial focus on the global retail eCommerce market, projected to reach $4.8 trillion in 2021, according to Statistica. Recent research has shown that 40% of online shoppers would be willing to pay more for a product if they could experience it through AR, while 71% of shoppers indicated they would shop at a brand more often if it offered AR experiences.

NexTech’s AR platform for eCommerce provides online retailers with a frictionless 3D shopping experience that empowers shoppers to make purchasing decisions, which ultimately drives conversions and spend, and reduces returns leading to higher ROI. To see how NexTech’s AR eCommerce platform works, view our demo site or contact us to learn more.

SOURCE Nextech AR Solutions Corp.