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AGORACOM Small Cap 60: ImagineAR $IP.ca $IPNFF Inked 2nd 3-year $380K+Rev Share Deal with Global Sports Initiatives $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Blockchain Foundry $BCFN.ca Invests CAD$1 Million to Purchase 2.2 Million Syscoin for Treasury; Total Syscoin Treasury Reaches Approximately 6.4 Million Syscoin Tokens $HUT.ca $BITF.ca $GLXY.ca $HIVE.ca $VYGR.ca

- Announced that it has acquired 2,223,215 Syscoin tokens which it intends to hold as a long term asset.
- The Company purchased these Syscoin tokens for approximately C$0.45 per token for a total of CAD$1 million.
- This investment brings BCF’s total Syscoin treasury holdings to approximately 6,353,607 Syscoin, worth approximately CAD$3 million at current market rates 1 .
- The Company “stakes” its current Syscoin balances and intends to stake its additional Syscoin holdings.
- Staking currently generates an annual return of approximately 5.71% 2 , increasing to approximately 7.71% after tokens have been staked for one year.
TORONTO, April 06, 2021 — Blockchain Foundry Inc. (“BCF” or the “Company”) (CSE:BCFN), a leading North American blockchain development firm, is pleased to announce that it has acquired 2,223,215 Syscoin tokens which it intends to hold as a long term asset. The Company purchased these Syscoin tokens for approximately C$0.45 per token for a total of CAD$1 million. This investment brings BCF’s total Syscoin treasury holdings to approximately 6,353,607 Syscoin, worth approximately CAD$3 million at current market rates 1 . The Company “stakes” its current Syscoin balances and intends to stake its additional Syscoin holdings. Staking currently generates an annual return of approximately 5.71% 2 , increasing to approximately 7.71% after tokens have been staked for one year.
BCF believes strongly in the future of Syscoin, its growing market acceptance as a blockchain infrastructure ecosystem, and its future valuation potential. The Company is a core contributor to the open source Syscoin protocol and has also created proprietary applications that rely on the Syscoin ecosystem. Going forward, BCF intends to create decentralized finance applications, including NFT systems, using Syscoin’s infrastructure.
On April 30, 2021 3 , the Syscoin protocol will have its first upgrade since December 2019, upgrading to Version 4.2, known as Syscoin LUX (“LUX”). LUX will introduce several cutting-edge features into Syscoin, including zero-fee layer 2 smart contract functionality, fractional and non-divisible NFT capabilities and notary features which allow for customizable payment rules defined off-chain to be enforced at the core blockchain level. LUX will also preserve Z-DAG, Syscoin’s patent pending high-throughput transaction technology which allows for more than 140,000 transactions per second at scale.
“We are pleased to be making a substantial financial investment in Syscoin as we look forward to the upcoming release of Syscoin LUX. Creating strong economic alignment between the Company’s Syscoin-related efforts and the potential appreciation of the Syscoin token is important so that BCF shareholders can directly benefit from increasing adoption and acceptance of the Syscoin token and infrastructure as enabled by BCF products and open source contributions,” said Dan Wasyluk, CEO of BCF.
Commenting further, Mr. Wasyluk added, “our enterprise software and decentralized finance product strategies rely on using Syscoin blockchain infrastructure for our product offerings, and investing financially in the success of the ecosystem allows our shareholders to directly benefit from this growth. The innovative features BCF has contributed to LUX are a direct response to the needs of our clients and cover a wide variety of use cases. These new features will serve as the backbone for certain BCF products. Additionally, LUX will enable developers to create applications powered by Syscoin Platform Tokens using the same languages and tools with which they’re already familiar.”
LUX enhances the core offering of Syscoin as a scalable, versatile and innovative blockchain platform and for the first time includes major new features sourced directly from BCF’s consulting practice, a real-world touch point unique to BCF’s strategy. The Company expects that LUX and the related products and use cases it supports will further enhance BCF’s reputation as a leading blockchain technology company and contribute further to BCF’s growth and the overall growth and acceptance of the Syscoin ecosystem.
Read More: https://agoracom.com/ir/BlockchainFoundry/forums/discussion/topics/758572-blockchain-foundry-invests-cad-1-million-to-purchase-2-2-million-syscoin-for-treasury-total-syscoin-treasury-reaches-approximately-6-4-million/messages/2310960#message
PlantX $VEGA $PLTXF Announces New YouTube Series to Showcase Products and Educate Consumers $VERY.ca $MEAT.ca $EATS.ca $VEGN.ca

- Announced the launch of its new YouTube series entitled “Taste This!” as the Company further expands its offering of content aimed at educating consumers on plant-based living.
- The series will be produced and hosted by Mr. Adam Kruger .
- Each episode of Taste This! will feature three different brands of the same food product which are then blind taste-tested by three individuals.
- The taste-testers will then give their opinions about the products that they tasted, which product they preferred and attempt to identify the brand.
VANCOUVER, BC , April 6, 2021 – PlantX Life Inc. (the ” Company ” or ” PlantX “) (CSE: VEGA ) (Frankfurt: WNT1) (OTCQB: PLTXF) is pleased to announce the launch of its new YouTube series entitled “Taste This!” as the Company further expands its offering of content aimed at educating consumers on plant-based living. The series will be produced and hosted by Mr. Adam Kruger . Each episode of Taste This! will feature three different brands of the same food product which are then blind taste-tested by three individuals. The taste-testers will then give their opinions about the products that they tasted, which product they preferred and attempt to identify the brand.
“Having a media presence further establishes the PlantX brand while aiding customers in their decision-making process for what to purchase online. Looking at pictures and reading ingredients is great, but being able to actually see people taste and compare different products creates excitement around the products involved,” said PlantX CEO Julia Frank . “We believe media content will increase enthusiasm for the brands being featured on the program.”
“We are so excited to launch this series. Customer education is one of our priorities, and Taste This! is exactly the quality content that will contribute to that,” said PlantX Founder Sean Dollinger . “Adam’s experience and plant-based lifestyle only enhance the production and we are thrilled to have him producing the show.”
Kruger is an on-camera and live event host, producer, podcaster and longtime vegan. Kruger hosted and produced over 150 segments for the hit lifestyle series ” This Is LA “. Most recently, he launched the podcast “Enhanced Living” which is available on major streaming platforms.
“Adam is a true professional and having him at the helm of the series brings peace of mind,” said PlantX CMO Alex Hoffman. “After conceiving this idea, I knew exactly what I wanted to create for the series. Adam brought it to life, and I can’t wait to see more.”
The series teaser can be found here . The first episode of ” Taste This! ” will air on Friday, April 9 th 2021 at 6pm PST .
About PlantX Life Inc.
As the digital face of the plant-based community, PlantX’s platform is the one-stop-shop for everything plant-based. With its fast-growing category verticals, the Company offers customers across North America more than 10,000 plant-based products. In addition to offering meal and indoor plant deliveries, the Company currently has plans underway to expand its product lines to include cosmetics, clothing, and its own water brand — but the business is not limited to an e-commerce platform. The Company uses its digital platform to build a community of like-minded consumers, and most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs and brands. The Company eliminates the barriers to entry for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier and happier life.
About Adam Kruger
Adam Kruger is a longtime vegan with over 20 years’ experience in the entertainment industry. Originally from Montréal, Adam moved to Los Angeles after completing his Bachelor of Commerce degree from the John Molson School of Business at Concordia University . Kruger has achieved success in television hosting and standup comedy, while also running a live event business of his own since 2013. Kruger has been a keynote speaker in front of thousands of people, is an avid fitness enthusiast and also completed a 200 hour comprehensive yoga and Ayurveda instructor training. Krueger has been on a plant-based diet since 2009 and became a vegan in 2016.
Read More: https://agoracom.com/ir/PlantX/forums/discussion/topics/758570-plantx-announces-new-youtube-series-to-showcase-products-and-educate-consumers/messages/2310955#message
KWESST $KWE.ca $KWEMF Signs Exclusive Counter-Drone Technology License Agreement $WRTC $BYRN.ca $PAT.ca $POWW

Amended license with AerialX Drone Solutions Inc. provides for exclusive rights to U.S. and Canadian militaries
- Announced that it has signed an Amended and Restated License Agreement with AerialX Drone Solutions Inc. for counter-drone technology. I
- n October 2019 KWESST signed a non-exclusive worldwide license with AerialX and has now gained exclusive rights to the technology for U.S. and Canadian militaries.
- The product which is based on the licensed technology is being marketed under the name GreyGhostTM and is an autonomous soldier-portable micro drone missile system that defends against small hostile drones including swarms using high-speed kinetic impact.
Ottawa, Ontario–(April 6, 2021) – KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (“KWESST” or “the Company”) today announced that it has signed an Amended and Restated License Agreement (the “Agreement”) with AerialX Drone Solutions Inc. (“AerialX”) for counter-drone technology. In October 2019 KWESST signed a non-exclusive worldwide license with AerialX and has now gained exclusive rights to the technology for U.S. and Canadian militaries. The product which is based on the licensed technology is being marketed under the name GreyGhostTM and is an autonomous soldier-portable micro drone missile system that defends against small hostile drones including swarms using high-speed kinetic impact.
The dramatic growth of small unmanned aircraft systems (sUAS), commonly called drones, creates new threats and challenges for NATO countries including the US Department of Defense (DoD) and Canada’s Department of National Defence (DND). Recent technology trends have enabled state actors, non-state actors, terrorist organizations and criminals to easily convert legitimate applications of sUAS into efficient weapons. These small drones provide NATO adversaries with a low-cost means of conducting intelligence, surveillance, and reconnaissance missions or direct attack of NATO forces.
“This is a timely development as the U.S. and other NATO military agencies have expressed interest in our GreyGhostTM counter-sUAS drone missile and view it as a serious candidate solution to the growing threat of suspicious or hostile drones,” said David Luxton, KWESST’s Executive Chairman. “Our GreyGhostTM counter-sUAS drone missile has been down-selected by key agencies from among dozens of contenders for upcoming demonstrations and trials because of its unique ability to track and hunt hostile drones and neutralize them with kinetic impact.”
“The Pentagon last year established the Army-led Joint Counter-Small Unmanned Aircraft Systems Office, or JCO, and approved a set of requirements to help counter the threat posed by small drones and formalized requirements for how technology developed by industry players can seamlessly plug into a single command-and-control system. Evaluation of industry counter drone systems are expected to be ongoing throughout 2021,” said Jeff MacLeod, KWESST’s President and CEO. “In the U.S. and in 2021 alone, DoD plans to spend at least USD $404 million on counter-UAS (c-UAS) research and development and at least $83 million on c-UAS procurement(1).”
The counter drone market has grown considerably in recent years, with both major defense contractors and small technology companies actively competing to gain market share in a market that by one estimate could be worth $5.4 billion by 2028(2).
Under the Agreement announced today, KWESST’s also retains its non-exclusive worldwide rights. KWESST has agreed to issue AerialX 100,000 shares of KWESST in consideration of the new exclusive rights and an additional 100,000 shares of KWESST upon AerialX meeting certain technological milestones.
(1) https://fas.org/sgp/crs/weapons/IF11426.pdf
(2) https://www.c4isrnet.com/unmanned/2019/12/11/pentagon-wants-to-streamline-its-counterdrone-focus/
Read More: https://agoracom.com/ir/Kwesst/forums/discussion/topics/758569-kwesst-signs-exclusive-counter-drone-technology-license-agreement/messages/2310954#message
PyroGenesis $PYR to Present at Zooming with LD on April 12th $RTN $NOC $UTX $DDD.ca $HPQ.ca

- Mr. P. Peter Pascali, CEO and Chair of PyroGenesis, will be presenting at Zooming with LD on Monday April 12 th , 2021.
MONTREAL, April 06, 2021 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), (the “Company”, the “Corporation” or “PyroGenesis”) a Company that designs, develops, manufactures and commercializes plasma atomized metal powder, environmentally friendly plasma waste-to-energy systems and clean plasma torch products, is pleased to announce that, Mr. P. Peter Pascali, CEO and Chair of PyroGenesis, will be presenting at Zooming with LD on Monday April 12 th , 2021.
Event | Zooming with LD |
Date | April 12 th , 2021 |
Presentation | April 12 th @ 11:00AM Eastern Time |
Location | https://us02web.zoom.us/webinar/register/WN_dhq0cziUQlexYAQD2Rnpsw |
About LD Micro
LD Micro began in 2006 with the sole purpose of being an independent resource to the microcap world. What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space. For more information, please visit ldmicro.com.
In September 2020, LD Micro was acquired by SRAX, a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information on SRAX, visit srax.com and mysequire.com.
About PyroGenesis Canada Inc.
PyroGenesis Canada Inc., a high-tech company, is a leader in the design, development, manufacture and commercialization of advanced plasma processes and products. The Company provides its engineering and manufacturing expertise and its turnkey process equipment packages to customers in the defense, metallurgical, mining, advanced materials (including 3D printing), and environmental industries. With a team of experienced engineers, scientists and technicians working out of its Montreal office and its 3,800 m 2 and 2,940 m 2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The Company’s core competencies allow PyroGenesis to provide innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. PyroGenesis’ operations are ISO 9001:2015 and AS9100D certified. For more information, please visit www.pyrogenesis.com .
This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward- looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Corporation’s current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Corporation with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Corporation’s ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.sec.gov. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Corporation undertakes no obligation to publicly update or revise any forward- looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws. Neither the Toronto Stock Exchange, its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) nor the NASDAQ Stock Market, LLC accepts responsibility for the adequacy or accuracy of this press release.
SOURCE PyroGenesis Canada Inc.
For further information please contact:
Rodayna Kafal, Vice President, IR/Comms. and Strategic BD
Phone: (514) 937-0002, E-mail: [email protected]
Valeo Pharma $VPH $VPHIF Completes Negotiations with Pan-Canadian Pharmaceutical Alliance for Redesca® and Redesca HP® $HLS.ca $MDP.ca $GUD.ca $RX.ca

- Completed its negotiations and entered into a letter of intent (“LOI”) with the pan-Canadian Pharmaceutical Alliance (pCPA) regarding Redesca® and Redesca HP®, its low molecular weight heparin (“LMWH”) biosimilar, for the prevention and treatment of thromboembolic disorders.
MONTREAL , April 6, 2021 – Valeo Pharma Inc . (CSE: VPH) (OTCQB: VPHIF) (FSE: VP2) (” Valeo ” or the ” Company “), a Canadian specialty pharmaceutical company, today announced that it has completed its negotiations and entered into a letter of intent (“LOI”) with the pan-Canadian Pharmaceutical Alliance (pCPA) regarding Redesca® and Redesca HP®, its low molecular weight heparin (“LMWH”) biosimilar, for the prevention and treatment of thromboembolic disorders.
“The successful conclusion of negotiations with pCPA is a significant milestone delivered for the Redesca® commercialization program. We can now exchange with the provincial, territories and federal instances to ensure coverage under publicly funded drug plans in Canada “, said Steve Saviuk , Valeo’s CEO.” While most prescriptions of LMWHs are initiated in the hospital, retail pharmacies play an important role in providing continued treatment to patients when they are discharged from hospital. Coverage by publicly funded drug plans are therefor a key component in making treatment available to Canadians”.
Commenting on the pCPA LOI, Frederic Fasano , Valeo’s President and Chief Operating Officer said; “We are particularly pleased to make Redesca ® available soon for Canadian patients and also for hospitals. The team at Valeo have worked tirelessly to ensure a robust supply of Redesca ® especially in the current pandemic conditions where patients suffering from SARS-CoV-2 are undergoing severe coagulopathy with various thromboembolic complications. LMWHs, like Redesca ® are key to prevent and treat those severe COVID-19 related thrombotic events.”
Established in August 2010 , the pan-Canadian Pharmaceutical Alliance (pCPA) conducts joint provincial/territorial/federal negotiations for brand name and generic drugs in Canada to achieve greater value for publicly funded drug programs and patients through the use of the combined negotiating power of participating jurisdictions.
About Redesca®, Redesca HP®
Redesca® is a low molecular weight heparin biosimilar. LMWHs are injectable anticoagulant drugs used primarily to treat and prevent deep vein thrombosis and pulmonary embolism. Redesca® has more than 8 years of proven in-market safety internationally and more than 150 million patient days treated in Europe alone.
About Valeo Pharma
Valeo Pharma is a Canadian pharmaceutical company dedicated to the commercialization of innovative prescription products in Canada with a focus on Respiratory Diseases, Neurodegenerative Diseases, Oncology and Hospital Specialty Products. Headquartered in Kirkland, Quebec Valeo Pharma has all the required capabilities and the full infrastructure to register and properly manage its growing product portfolio through all stages of commercialization. For more information, please visit www.valeopharma.com and follow us on LinkedIn and Twitter .
Read More: https://agoracom.com/ir/ValeoPharma/forums/discussion/topics/758564-valeo-pharma-completes-negotiations-with-pan-canadian-pharmaceutical-alliance-for-redesca-and-redesca-hp/messages/2310948#message
VIDEO – PyroGenesis $PYR Reports Record 2020 Results + Significant Growth Expectations For 2021 $RTN $NOC $UTX $DDD.ca $HPQ.ca

$ZEU.ca Technologies – Mula DeFi Communication Platform Development Update & Balance Sheet Improvements

- Improved its balance sheet with 3 important transactions in the month of March.
- ZeU is also pleased to update its shareholders and stakeholders on the development of the Mula platform.
- Major encryption and security conceptual changes have been tested and coding of an alpha version of this element of Mula platform is completed
- Management is evaluating the possibility to file additional patents regarding these important improvements.
Montréal – April 5, 2021 – ZeU Technologies Inc. (CSE:ZEU) (CNSX:ZEU.CN) (OTC:ZEUCF) is pleased to disclose that it improved its balance sheet with 3 important transactions in the month of March. ZeU is also pleased to update its shareholders and stakeholders on the development of the Mula platform.
Balance Sheet Improvements
The Company exercised its option to repay an equivalent of $500,000 of debentures and pay all outstanding interests representing $661,834.40, all for a total of $1,161,834.40 using 3,336,564 KAM token to complete the transaction. The Company also received payment of 250,000 Hodlc tokens related to the development in part of the Hodlc DEX DeFi platform. ZeU is not assigning a current value to the Hodlc tokens received while awaiting a review by its auditors to determine its proper accounting treatment.
Mula Developments Updates
Major encryption and security conceptual changes have been tested and coding of an alpha version of this element of Mula platform is completed. Management is evaluating the possibility to file additional patents regarding these important improvements.
The Company has embarked new developers and expects to accelerate the coding of all the email and live messaging functionality of the platform in parallel with the fiat gateway to the ZeUPay application and the smart contract builder for third party developers. Negotiations to integrate with applications specialised in food delivery and transactional web design are underway as well as with other third-party applications. The platform is expected to embark gaming, lottery and P2P casino applications that will use the new encryption feature. ZeU P2P Casino software is currently being integrated with license holders and the Company should update the public on the progress of this business segment later in the month of April.
Source: https://agoracom.com/ir/ZeUTechnologies/forums/discussion/topics/758531-mula-defi-communication-platform-development-update-balance-sheet-improvements/messages/2310892#message
PlantX $VEGA $PLTXF Announces Approval of Import License for Plant-Based Foods from the Canadian Food Inspection Agency $VERY.ca $MEAT.ca $EATS.ca $VEGN.ca

- Canadian Food Inspection Agency has granted PlantX with a license to import packaged plant-based products from the United States to Canada
- The operational milestone champions PlantX as a principal one-stop-shop for everything plant based and advances the Company’s plant-based movement by distributing US-manufactured packaged plant-based products to the Canadian marketplace.
VANCOUVER, BC , April 5, 2021 – PlantX Life Inc. (CSE: VEGA ) (Frankfurt: WNT1) (OTCQB: PLTXF) (” PlantX ” or the ” Company “) is pleased to announce that the Canadian Food Inspection Agency (” CFIA “) has granted PlantX with a license to import packaged plant-based products from the United States to Canada (the ” Import License “). The operational milestone champions PlantX as a principal one-stop-shop for everything plant based and advances the Company’s plant-based movement by distributing US-manufactured packaged plant-based products to the Canadian marketplace.
The Import License complements PlantX’s success in creating a diverse infrastructure of partnerships with plant-based vendors across the United States . With the Import License, the Company seeks to make the most of its partnerships within the plant-based space to increase awareness of the plant-based lifestyle by providing access to a greater selection vegan and vegetarian food choices throughout Canada . PlantX’s new operational capabilities have potential for bridging gaps between the United States and Canadian plant-based marketplaces.
“We are extremely pleased to be at the forefront of bringing US-manufactured plant-based goods to Canada ,” said Julia Frank , PlantX CEO. “The new license marks a crucial step in our expansion as leaders in the plant-based space, by ensuring that we can be first to market in Canada with plant-based brands originating in the USA .”
To obtain the Import License, PlantX had to meet rigorous food safety standards and requirements that promote the health of Canadian consumers. The Import License allows PlantX to distribute vegan and vegetarian manufactured packaged products such as vegan dairy substitutes, snack foods, processed fruits and vegetables, infant foods, nuts, grains, spices, fats and oils. PlantX strives to go above and beyond to serve the needs and health of its plant-based community and this Import License will enable the Company to accelerate those efforts by making it easier for Canadian customers to purchase their favorite US-manufactured plant-based brands.
“As a Canadian company, we are very passionate about contributing to the health of the Canadian public” said PlantX Founder Sean Dollinger . “The new import license will open new doors to how we can promote the wellbeing of our customer in Canada by helping them access an ever-growing variety of plant-based products”.
Corporate Update
The Company announces that it has granted 3,851,000 stock options (” Options “) to purchase common shares of the Company (” Common Shares “) to certain directors, officers, employees and consultants of the Company pursuant to the terms and conditions of the Company’s incentive stock option plan. The Options are exercisable for a five (5) year period at a price of $0.80 per Common Share. One quarter (1/4) of the Options will vest every three (3) months from the date of grant.
The Company also announces that it has granted 2,687,000 restricted share units (” RSUs “) to certain directors, officers, employees and consultants of the Company pursuant to terms and conditions of the Company’s restricted share unit plan. The RSUs have a term of one (1) year of which one quarter (1/4) of the RSUs will vest every three (3) months from the date of grant.
An aggregate of 40,276 RSUs were granted to Northern Equities Inc. (” Northern Equities “), which provides investor relations services to the Company including services to raise awareness of the PlantX brand, deliver new communication channels to PlantX customers and retailers and increase stakeholder engagement. To the knowledge of the Company, Northern Equities and/or its principals do not own or control any securities of the company.
Source: https://agoracom.com/ir/PlantX/forums/discussion/topics/758509-plantx-announces-approval-of-import-license-for-plant-based-foods-from-the-canadian-food-inspection-agency/messages/2310845#message
Loop Insights $MTRX $RACMF Appointed Steward of Sovrin Foundation, Offering World’s First Blockchain-backed Digital Wallet Pass Identity Platform $QTRH.ca $SNSR $BSQR $PTS.ca

- Announced the Company has joined the Sovrin Foundation, an open-source, open-standards technology platform for digital identity.
- Built on a public blockchain, the Sovrin Ledger protects personal information while giving control of personal data back to the individuals.
- Loop joins over 70 leading tech organizations around the world including Cisco, T-Mobile and NEC that have committed computing power and resources to strengthen the Sovrin Network.
VANCOUVER, British Columbia, April 05, 2021 — Loop Insights Inc. (MTRX:TSXV; RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights and enhanced customer engagement to the brick and mortar space, is pleased to announce the Company has joined the Sovrin Foundation, an open-source, open-standards technology platform for digital identity. Built on a public blockchain, the Sovrin Ledger protects personal information while giving control of personal data back to the individuals. Loop joins over 70 leading tech organizations around the world including Cisco, T-Mobile and NEC that have committed computing power and resources to strengthen the Sovrin Network.
INTEGRATION WITH SOVRIN FOUNDATION WILL ENHANCE LOOP’S WALLET PASS THROUGH IMPROVED SECURITY, PRIVACY, AND INTEROPERABILITY WITH MAJOR TECH LEADERS
Loop Insights currently issues credentials through the native mobile wallet that is embedded in Apple iOS and Google Android smartphones, which has been leveraged by Passcreator to offer a secure and easy-to-use platform. However, this data can be difficult for third parties to verify.
On January 12, 2021 Loop Insights finalized its acquisition of Passcreator to provide Loop with complete control over Passcreator and its wallet pass platform. By joining the Sovrin Foundation, the credentials that Loop Insights issues can be fully verified by any third party, allowing organizations to check them against Sovrin’s independent public blockchain. This integration is expected to greatly enhance the existing security and privacy of personal information that is encrypted and secured on Loop’s wallet pass platform, originally created by Passcreator.
By validating our issuance and data on the public Sovrin Ledger, Loop will greatly expand the interoperability of its mobile wallet passes, which can now be validated by any organization or individual. The security of the Sovrin Ledger will also enable users to share individual pieces of information with third parties without revealing their entire personal identity.
As Loop Insights is a data company that is fully committed to improving the security and integrity of personal information, it has become clear that public blockchain technologies will be critical to the security and privacy of personal information moving forward. Loop Insights is excited to be driving this shift together with Sovrin and the many organizations dedicated to enhancing the security, functionality, and customer experience of mobile wallet passes.
Loop Insights’ goal is to architect and launch a platform that provides seamless interoperable data connectivity for physical venue and retail operators. With the addition of supportive blockchain verification, the Company is now able to issue verified digital wallet credentials through the native wallet in each and every smartphone.
As countries look to reopen the economy and to provide transformative future-proofed solutions, Loop Insights is working to provide a seamless, secure, and simple user experience through its Wallet pass platform. The Company has recognized the overwhelming number of third-party applications on the market today and therefore anticipates the native wallets found on Apple and Google smartphones will become dominant platforms.
Chris Raczkowski, Chair of the Sovrin Foundation Board of Trustees stated:
“The Sovrin Foundation is very excited to welcome Loop Insights as the newest Steward of the Sovrin Ledger. The innovative Loop Insights team will strengthen the Sovrin network moving forward as we continue to offer secure and privacy-preserving digital identities for all.”
This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion And Management Engagement https://agoracom.com/ir/LoopInsights/forums/discussion
Read More: https://agoracom.com/ir/LoopInsights/forums/discussion/topics/758500-loop-insights-appointed-steward-of-sovrin-foundation-offering-world-s-first-blockchain-backed-digital-wallet-pass-identity-platform/messages/2310832#message