During the panic of “Y2K” and the tech market crash that followed soon after, American companies learned a valuable lesson—never underestimate the dangers (or the complexities) of new technolog. Now, it seems, history may be doomed to repeat itself as some of America’s largest companies wrestle with their own outdated blockchain infrastructure.
Many companies rushed to implement blockchain-based technology over the last few years, with one unfortunate consequence. “Product managers should prepare for rapid evolution, early obsolescence … and the potential failure of early-stage technologies/functionality in the blockchain platform market,” according to the experts at Gartner (Source 2). These companies (and thousands more) will require an enterprise-grade, scalable “turnkey” solution to maintain security and viability moving forward. Those same experts at Gartner are warning those companies that they have less than 12 months to make it happen (Source 2).
Fortunately, one company has been hard at work on a platform to power the new decentralized economy. United Royale (OTC:URYL) and its Northern Shield platform.
4 FACTORS THAT MAKE UNITED ROYALE A LEADER IN THE NEW DECENTRALIZED ECONOMY
1. Within the next 12 months, Gartner estimates that 90% of enterprise blockchain applications will require immediate replacement to maintain security, remain competitive, and avoid obsolescence (Source 2)
2. As of November 1st, 2021, the company finalized its acquisition of TrueNorth Quantum, Inc. and its proprietary Northern Shield platform for developing advanced, decentralized apps on the blockchain (Source 3).
3. United Royale’s blockchain platform is scalable and optimized to “leapfrog” new Decentralized Apps (or “DApps”) of any size to market 5x faster than the competition. All while disrupting a sector projected to soar to $368 Billion by 2027 (Source 5, 6).
4. Blockchain has boomed and is projected to add over $176 Billion in business value by 2025. The Northern Shield platform is designed to meet the blockchain security standards of major financial institutions across various markets, from FinTech to MedTech (Source 4).
Incorporated in Kowloon, Hong Kong, in 2015, United Royale (OTC:URYL) is a small-cap stock with 3+ years of trading history on the OTC. As of Nov 3, 2021, it also had a market cap of just over $110 million (Source 17).
Shares were trading as high as $6.50 as recently as Dec 04, 2020, before tumbling to $0.80 when the market closed on Nov 02, 2021.22 This downside price action was likely due to the company’s aggressive pivot into the blockchain space, which remained a mystery following the dismissal of prior management in March of 2020 (Source 18).
Fortunes for the stock have dramatically changed since the summer, though. As the company’s vision has become clearer, the stock has seen an uptrend, starting with announcing a Letter of Intent (LOI) to acquire TrueNorth Quantum Inc. on Jul 30 of 2021 (Source 19).
Other stocks in crypto currency related space include Coinbase Global (NASDAQ:COIN), Square (NYSE:SQ), PayPal Holdings (NASDAQ:PYPL), Canaan (NASDAQ:CAN), AMD (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA), Hut 8 Mining (NASDAQ:HUT) and Facebook (NASDAQ:FB).
Click HERE to read more about URYL. As always, conduct your own due diligence and follow trader’s vigilance.
Sources:
Source 2: https://www.gartner.com/en/newsroom/press-releases/2019-07-03-gartner-predicts-90–of-current-enterprise-blockchain (90% of 81 is 72.9)
Source 3: https://www.yahoo.com/now/united-royale-group-holdings-corp-121031049.html
Source 4: https://www.gartner.com/en/doc/3855708-digital-disruption-profile-blockchains-radical-promise-spans-business-and-society
Source 5:https://truenorthquantum.com/wp-content/uploads/2021/07/TNQ_Fact-Sheet_draft_02.pdf
Source 6: https://www.emergenresearch.com/industry-report/dapps-market
Source 17: https://bit.ly/3waNLoU
Source 18: https://docoh.com/filing/1652842/0001669772-16-000001/URYL-3
Source 19: https://finance.yahoo.com/news/united-royale-group-holdings-corp-123000885.html
Disclaimer: This is a paid advertisement. WallStreetPR is simply distributing content provided to us by Bullzeyemedia LLC and is not responsible for the production of this content. WallStreetPR is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are commercial advertisements and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available to us by BullzeyeMedia LLC is not intended to be, nor does it constitute investment advice or recommendations. The contributors may buy and sell securities before and after any particular article, report, and publication. In no event shall WALLSTREETPR be liable to any member, guest, or third party for any damages of any kind arising out of the use of any content or other material published or made available by WALLSTREETPR ., including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. WallStreetPR.com strongly urges you to conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, Wallstreetpr.com, its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. As part of that content, readers, subscribers, and website viewers are expected to read the full disclaimers and financial disclosures statement that can be found on our website by visiting WallStreetPR.com/Disclaimer. WallStreetPR.com has been compensated $600 for advertisement services on URYL by a 3rd party BullzeyeMedia LLC. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quotes; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s investment may be lost or impaired due to the speculative nature of the companies profiled.
Media Contact
Company Name: WallStreetPR
Contact Person: Ash K
Email: journaltranscriptstocks@gmail.com
Phone: 2019725655
Country: United States
Website: https://www.wallstreetpr.com/