Epazz,
Inc. (OTC Pink:
EPAZ) Capitalizes
on Blockchain through StreamPay
App
Miami, FL
-- InvestorsHub
NewsWire
–
January
26, 2021 – EmergingGrowth.com, a
leading independent small cap media portal with an extensive
history of providing unparalleled content for the Emerging Growth
markets and companies, reports on Epazz, Inc. (OTC Pink:
EPAZ) in a covid-19 era.
Epazz, Inc. (OTC
Pink: EPAZ) just announced
that the company
is releasing an alpha version of its app to attract beta customers
to its StreamPay service app.
StreamPay
is a solution for
managers to monitor their supply chain for risk fraud using
blockchain smart contract technology to trace raw materials to
finished goods. Please visit
https://www.streampay.io
EPAZ
may not be at these levels much longer.
Shaun
Passley, Ph.D., CEO, and chairman
of Epazz Inc., said,
"We started the
project in 2019, and it is ready to start finding beta customers to
prepare the solution for general release."
Many companies
spend millions of U.S. dollars a year to maximize their supply
chain to deliver increased profits to shareholders.
Having a
response-based business model is the practice of keeping low
inventory to respond to changes in the marketplace. This model
helps in shelving the latest products and services while reducing
product returns and spoiled goods, employing the latest technology,
and providing the freshest food
products,
all while reducing dwell time (time that finished goods are
idle and provide no value).
StreamPay
is an enterprise
supply chain risk monitoring and payment tracking solution that
uses blockchain smart contracts to manage suppliers and finished
goods. StreamPay technology keeps distributed
ledgers to create articles to insert into smart contracts so supply
chain manufacturers, suppliers, vendors, logistics companies, and
customers can track goods and services from the raw materials to
the finished product using QR codes and digital
signatures.
The
company also recently announced that it
is working with
Greenheart CBD Hemp company in developing their smart contracts for
their IEO (Initial Exchange Offering), and the market seems to be
reacting well to their entry into this space.
If you
want to get into crypto, there are not many options, so the
companies with direct exposure have been on a run. Riot
Blockchain (NASDQ: RIOT), recently ran 800%
from $4.00
to
nearly
$28.00
in
about 8 days and Grayscale Bitcoin Trust (OTC Pink: GBTC), ran 500%
from $10
to
nearly $50
before
a pullback yesterday.
Currently
trading at around $.04
per
share, Epazz, Inc. (OTC Pink: EPAZ) has room to around $.06 - .07 where it could encounter its
first bit of resistance, but if it breaks
that
level, it has room to
about
$.11 per share.
According to OTC
Markets, Epazz, Inc. (OTC Pink: EPAZ) has a current valuation of
13 million after the Company
recently announced announced
Q3 income of
$65,579 from revenue of $410,428 up 80% and 8% respectively from
the same quarter 2019.
Crypto and
blockchain companies continue to rise as bitcoin becomes
un-mineable. There is currently 18.58 million of a
total
of 21 million
bitcoins in circulation. Once the remaining 2.5 million coins
are mind, there will be none left to mine. This is expected
to happen somewhere around year 2140, but as we get closer, it gets
harder and more expensive to mine each coin.
It seems
Epazz, Inc. (OTC Pink: EPAZ) could be tapping the right market with
their technology at the right time.
The
company will be enhancing their smart contract software to allow
other organizations interested in launching their IEO using an
easier way to create and modify their smart contracts without
needing a programmer.
The
COVID-19 pandemic fast-tracked the digital transformation drive in
many aspects, including distributed ledger or blockchain
technology. Thus, the global blockchain market size will expand
from US$3 billion in 2020 to US$39.7 billion by 2025 at an
effective compound annual growth rate (CAGR) of 67.3%.
This
collaboration between Epazz
blockchain
technology and Greenheart CBD Hemp company is part of the
growing 'DeFi' movement,
which will take advantage of the blockchain's capacity to establish
a decentralized ecosystem, uncontrolled by a single entity, and
improved accessibility for token holders. It will address the
challenges of the lack of proper banking support for the CBD
industry worldwide.
Epazz
blockchain
trading technology and Greenheart CBD Hemp company anticipate its
global reach with its initial IEO sale. It offers 200 million
Greenheart Punt tokens backed by 1,000 Liters of Greenheart's CBD
oil, with an approximate value of US$4 million. The Greenheart Punt
token began trading December 1, 2020, through the
LAToken
mobile
app.
Investors can
redeem their tokens for CBD oil if they wish. The token will enable
the holders to skip expensive payments and processing fees charged
by traditional financial payment providers. In the IEO sale, the
company is offering 40 million Greenheart Punt tokens to accredited
non-US investors. With this premise, the company gears up to enter
the Asian Token Exchange to accommodate Asian investors, especially
in China.
-
Increasing
Revenue and Income - Q3 income
of $65,579 from revenue of $410,428 up 80% and 8%
-
Crypto /
Blockchain Expansion – developing smart contracts
for IEO (Initial Exchange Offering);
-
New
Technology –
Bitcoin Altcoin
tracker – next version 1/2021;
This could be the
biggest play in the Blockchain / Crypto
space.
EPAZ
may not be at these levels much longer.
About
Epazz,
Inc. (www.epazz.com)
Epazz
Inc.
is a provider of blockchain apps and a cloud-based software company
specializing in providing customized cloud applications to the
corporate world, higher-education institutions, and the public
sector. Epazz
BoxesOS™
v3.0 is a complete web-based software package for
small-
to mid-size businesses, Fortune 500 enterprises, government
agencies and higher education institutions. BoxesOS
provides
many of the web-based applications organizations would otherwise
need to purchase separately. Epazz's
other
products include K9Sky.com kennel
software and
the Provitrac applicant
tracking system.
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