This might sound like a good idea, but clonecoins can be incredibly disruptive to risk management and operational demands on digital
currency infrastructure companies.
This might sound like a good idea, but clonecoins can be incredibly disruptive to risk management and operational demands on digital
currency infrastructure companies.
Not exact matches
According to UTrust CEO Nuno Correia, the
company intends to establish an
infrastructure that will offer fast, secure, convenient, and affordable digital
currency transactions.
The
company offers its clients both the expertise and the
infrastructure to streamline transactions in more than 150
currencies, helping them mitigate foreign exchange exposure while connecting to the global marketplace.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the
Company's control, including natural and other disasters or climate change affecting the operations of the
Company or its customers and suppliers; (2) the
Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign
currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the
Company's information technology
infrastructure; (10) financial market risks that may affect the
Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the
Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
The
company is also teaming up with the fintech startups Stellar.org and KlickEx Group to use blockchain technology to process financial transactions across borders and
currencies — a process which is often prohibitively slow and costly for small business owners, especially when they are in developing regions with smaller banking
infrastructures.
The
company is also designing financial services
infrastructure based on the principles of digital
currencies and their underlying technology.
It has $ 80 million in funds and over 20 portfolio
companies around the world, including digital
currency exchanges, Blockchain use cases and
infrastructures.