When an NFT is associated with a digital ticket or property, the transfer of ownership is assured with a blockchain ledgerWhen an NFT is associated with a digital ticket or property, the transfer of ownership is assured with a blockchain ledger
OLB Team to Enable Secure Digital Possession Transfer With NFT Solutions on Ethereum Platform Fintech firm carrying out non-fungible token (NFT) capacities to safeguard sales of electronic tickets and various other electronic possessions utilizing blockchain symbols
NEW YORK, June 23, 2021–( SERVICE CABLE)– The OLB Team, Inc. (NASDAQ: OLB), a company of cloud-based omnicommerce and repayment approval services for small and also mid-sized sellers, revealed that its SecurePay repayment portal will certainly sustain the transfer or sale of electronic assets utilizing non-fungible token (NFT) modern technology. “Check out this informative video” The NFT technology is built upon the Ethereum platform which takes care of token generation and also redemption, organization with an asset, and also transfer of authorized possession.
” The rapid adoption of digital ticketing over the past year has sped up the requirement for safe ways to buy and sell these residential properties without the danger of scams related to the duplication of QR codes or barcodes, particularly on a sale of Peer-to-Peer (P2P) transaction,” said Ronny Yakov, president of OLB Group. “Stopping anybody from selling the very same ticket two times or numerous times which, regrettably, happens much frequently. Follow cryptoswarm at linkedin The secure NFT process we have actually executed is planned to work perfectly with the wide variety of settlement processing alternatives of SecurePay, offering customers and also vendors unmatched flexibility in funding resources.”
SecurePay supplies incorporated assistance for major digital pocketbooks including Apple Pay ® and also Google Pay ®, cryptocurrency budgets, PayPal ®, and also standard bank card. NFT features use clever agreements to ensure the easy and also seamless exchange of funds and ideal management of conditions of sale.
Yakov continued, “NFTs are commonly connected with art as well as collectable deals, yet the system is an exceptional fit with the sale or transfer of virtually any digital property, “Follow cryptoswarm at linkedin” despite the buck worth. OLB Group is devoted to offering remedies that make acquiring and marketing flexible and safe and secure for all parties. NFTs are the current enhancement to the profile of services that our team believe will certainly be an efficient device against electronic possession scams.”
Safe Harbor Declaration
All statements from The OLB Group, Inc. in this press release that are not based on historical truth are “forward-looking declarations” within the significance of the Personal Stocks Litigation Reform Act of 1995 as well as the stipulations of Section 27A of the Stocks Act of 1933, as amended, as well as Area 21E of the Stocks Exchange Act of 1934, as amended. These forward-looking statements consist of, yet are not limited to, statements worrying the impact of COVID-19 on our operations and monetary condition, our capacity to implement our exclusive merchant boarding as well as CRM system and also to turn out our Omni Business and SecurePay applications, consisting of payment approaches, to our existing sellers as well as the assimilation of our secure settlement portal with our crowdfunding platform. While the Company’s management has based any progressive declarations included here on its existing assumptions, the details on which such expectations were based may alter.
These forward-looking statements count on a variety of presumptions concerning future occasions and also are subject to a variety of risks, uncertainties, and also various other elements, a number of which are outside of our control, that might create real results to materially differ from such declarations. Such dangers, uncertainties, as well as other aspects consist of statements concerning the anticipated profits as well as revenue for procedures to be produced by The OLB Group, Inc. For various other elements that may create our actual results to differ from those that are anticipated, see the details under the inscription “Threat Aspects” in the Company’s latest Type 10-K and 10-Q filings, and changes thereto, along with various other public filings with the SEC since such date. The Company operates in a swiftly changing and competitive environment, and new risks might arise. Appropriately, financiers ought to not position any reliance on progressive statements as a forecast of real results. The Company disclaims any kind of objective to, as well as takes on no obligation to, update or change any kind of progressive statement.