CIAU - Ciao Group Announces $530 Billion Blockchain and Cryptocurrency Target Market Collaboration With Hub Culture
June 28 2017 - 09:27AM
InvestorsHub NewsWire
Dallas, TX – June 28,
2017 – Ciao Group, Inc. (USOTC: CIAU) today
announced plans to enter a collaboration agreement with Hub Culture
to pilot a secure digital financial products marketplace
constructed on a blockchain backbone and linked to a digital asset
service engine managed by Hub Culture. Ciao Group recently
revealed its Blockchain Frontier Markets
Project, which has been under development over the past
year with a specific initial target of bringing increased liquidity
to USD$530 billion in African publicly traded company market
capitalization. Hub Culture is a collaboration platform
founded in 2002 to facilitate the needs of an increasingly global
citizenship serviced by Hub Culture’s sophisticated, digitally
backed “Pavilions.” Today, Hub Culture is a leader in the
formation of ‘ecosystem technologies’ a set of linked and
interdependent services including flagship
Pavilions, 2048 fast retail, the
Ven digital currency, HubID
digital identity system, the Zeke.ai machine
intelligence project, and the Open Audit
Initiative, a blockchain audit service. Hub Culture’s
HubID technology was built with inspiration from ID3’s Open Mustard
Seed Framework and adheres to the 2014 Windhover Principles around
individual data ownership online. Ciao Group was notably interested in
working with Hub Culture based on Hub Culture’s digital currency
experience. Hub Culture introduced its digital currency,
“Ven,” in 2007, and has long been a leader in application uses for
digital currency worldwide. Over 500 million Ven have
circulated since debut with an economy of over $100 Million in
related inventory, including Hub Culture Syndicates, bridge
placement vehicles linked to over a dozen major digital assets and
cryptocurrencies. Ven is the world’s most stable currency, with
primary value tied to a diversified basket of underlying assets
including fiat currencies, commodities and carbon. It trades at
floating exchange rates.
These and other emerging
technologies are currently being utilized at the Hub Culture
Innovation Campus and Beach Club, operating in Bermuda this summer
as a showcase for fintech innovation.
Ciao Group’s Refreshed Business Plan And Name
Change To NuMelo Technology
Ciao Group
recently announced a refreshed business plan to concentrate on
developing locally sourced technology and telecommunication
services within frontier and emerging economic markets. The
Company is in the process of changing its name to NuMelo Technology
as part of the business plan refresh.
Learn more
about Ciao Group / NuMelo Technology on the Company’s website and
check back frequently to keep up with the Company’s progress to
include two acquisitions anticipated soon. Look for regular
updates to the collaboration agreement announced today on the
websites of both Ciao Group / NuMelo Technology and Hub
Culture.
www.numelotechnology.com
www.otcciau.com
https://hubculture.com
Disclaimer/Safe Harbor: This news
release contains forward-looking statements within the meaning of
the Securities Litigation Reform Act. The statements reflect the
Company's current views with respect to future events that involve
risks and uncertainties. Among others, these risks include the
expectation that any of the companies mentioned herein will achieve
significant sales, the failure to meet schedule or performance
requirements of the companies’ contracts, the companies’ liquidity
position, the companies’ ability to obtain new contracts, the
emergence of competitors with greater financial resources and the
impact of competitive pricing. In the light of these uncertainties,
the forward-looking events referred to in this release might not
occur.
Contact
NuMelo Technology:
Info@otcciau.com
1-866-294-9306