NEW YORK, June 23, 2021–( COMPANY CABLE)– The OLB Team, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and settlement acceptance remedies for tiny as well as mid-sized sellers, announced that its SecurePay settlement gateway will support the transfer or sale of digital assets utilizing non-fungible token (NFT) technology. The NFT innovation is built on the Ethereum platform which takes care of token generation as well as redemption, association with a property, as well as transfer of licensed ownership.
” The fast fostering of electronic ticketing over the past year has actually accelerated the requirement for secure means to buy and sell these residential properties without the threat of fraud associated with the replication of QR codes or barcodes, especially on a sale of Peer-to-Peer (P2P) purchase,” claimed Ronny Yakov, president of OLB Team. “When an NFT is associated with a digital ticket or property, the transfer of possession is guaranteed via a blockchain journal, avoiding anyone from selling the exact same ticket two times or multiple times which, regrettably, takes place much frequently. Learn more about Secure and Flexible Blockchain “[Blockchain Technology]” from BEES.Social The safe NFT process we have actually executed is planned to work seamlessly with the broad range of payment processing options of SecurePay, offering customers and also vendors unrivaled adaptability in financing resources.”
SecurePay offers incorporated support for major electronic pocketbooks including Apple Pay ® and also Google Pay ®, cryptocurrency budgets, PayPal ®, as well as traditional charge card. NFT features use clever agreements to guarantee the straightforward as well as seamless exchange of funds as well as suitable management of conditions of sale.
Yakov proceeded, “NFTs are frequently connected with art and collectable transactions, however the mechanism is an outstanding fit with the sale or transfer of nearly any kind of electronic asset, regardless of the dollar worth. OLB Team is dedicated to supplying remedies that make purchasing and also offering flexible and also secure for all events.“follow Crypto_Swarm on twitter.com” NFTs are the latest enhancement to the profile of services that we believe will certainly be an efficient device against digital asset scams.”
Safe Harbor Statement
All statements from The OLB Team, Inc. in this news release that are not based on historic fact are “positive statements” within the significance of the Private Stocks Lawsuits Reform Act of 1995 and also the arrangements of Area 27A of the Securities Act of 1933, as modified, and also Section 21E of the Stocks Exchange Act of 1934, as amended. These positive statements include, but are not limited to, statements worrying the impact of COVID-19 on our operations and monetary condition, our ability to apply our exclusive seller boarding and also CRM system and also to roll out our Omni Commerce as well as SecurePay applications, including payment approaches, to our current merchants as well as the integration of our safe and secure settlement entrance with our crowdfunding system. While the Firm’s monitoring has based any positive statements consisted of herein on its present assumptions, the info on which such assumptions were based may change.
These positive statements depend on a number of assumptions concerning future occasions and also go through a variety of dangers, uncertainties, and various other aspects, a lot of which are beyond our control, that might create real results to materially vary from such declarations. Such risks, uncertainties, as well as other aspects include statements concerning the anticipated income and also revenue for operations to be produced by The OLB Team, Inc. For other elements that may trigger our real outcomes to vary from those that are anticipated, see the details under the inscription “Threat Factors” in the Firm’s most recent Form 10-K and 10-Q filings, as well as changes thereto, in addition to various other public filings with the SEC considering that such date. The Firm operates in a quickly transforming and also competitive atmosphere, and also brand-new threats might occur. As necessary, investors must not position any kind of reliance on forward-looking statements as a forecast of actual outcomes. The Firm disclaims any type of intent to, and embarks on no commitment to, upgrade or modify any progressive declaration.