Integrated Ventures Launches CryptoFunder Blockchain Designed To Disrupt A Multi Billion B2B Lending Market
December 18 2017 - 9:30AM
InvestorsHub NewsWire
Integrated Ventures Launches
CryptoFunder Blockchain Designed To Disrupt A Multi Billion B2B
Lending Market
Philadelphia, PA -- December 18, 2017 -- InvestorsHub
NewsWire -- Integrated Ventures, Inc., (OTCQB:
INTV) today announced it has a launched “CryptoFunder”, a
financial blockchain platform which acts like a decentralized and
encrypted lending ledger that offers a secure, efficient,
verifiable and permanent way of storing records and other lending
information. These protocols are the backbone of numerous digital
currencies that are being mined by the Company, including Bitcoin,
Ethereum and Litecoin.
The CryptoFunder blockchain will be focused on qualifying,
initiating, underwriting and processing funding transactions,
including tracking of digitally mined assets and using them as main
mode of payment for business loans, lending contracts and
convertible debt notes.
The CryptoFunder is world's first cryptocurrency collaterized
lending platform that offers businesses, particularly publicly
traded companies, an access to the potentially non-dilutive funding
structure, accounting and audit system, all powered by a flexible
and transparent ledger that is recorded securely on a
blockchain.
"The CryptoFunder is our initial entry into blockchain space, at
a time that Bitcoin and other digital currencies are gaining
increased market attention and adoption," said Steve Rubakh, CEO of
Integrated Ventures, Inc.
He adds the following: "Our recently launched mining operations
are set to generate mining and sales revenues, in access of
$120,000 (unaudited results), only in 40 days of operations. This
cash flow will allow the Company to develop this disruptive
technology as well to accumulate multi-coin inventory. We plan on
leveraging our cryptocurrency mining operations with goal of to
becoming an established player in the blockchain technologies. The
CryptoFunder lending platform is a prime example of how
blockchain-based technologies can be leveraged to disrupt
established industries. We believe that this launch will give
Integrated Ventures a significant opportunities to potential joint
ventures with software development groups, designed to facilitate
and support our blockchain initiatives. The Company is in
discussions with multiple lending partners with the plan to
commence a beta test which consist of a funding round.”
About Integrated Ventures, Inc: the Company is
focused on acquiring, launching and operating companies in the
cryptocurrency sector, mainly in digital currency mining, an
equipment manufacturing, sales of branded mining rigs as well as
blockchain software development.
For more details about please visit www.integratedventuresinc.com.
About BitcoLab: This majority owned subsidiary
is pursuing opportunities in cryptocurrency sector with focus on
bitcoin mining, hosting, pooling, manufacturing and distributing of
own brand of mining equipment and the development of blockchain
based applications for financial markets.
For more details about BitcoLab, Inc , please visit www.bitcolab.io
Safe Harbor Statement: The information posted
in this release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
You can identify these statements by use of the words "may,"
"will," "should," "plans," "explores," "expects," "anticipates,"
"continue," "estimate," "project," "intend," and similar
expressions. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated. These risks and uncertainties
include, but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional
conflicts, competition, changes in technology and methods of
marketing, and various other factors beyond the Company's
control.
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