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SonicX

Decentralized Platform and Payment Solutions

SonicX, a unique blockchain platform that provides trust, top-notch security and efficiency has developed an exceptional payment gateway that facilitates not only peer-to-peer transactions but also a tokenized system for content storage and online gaming.

Businesses, organizations, and individuals have been struggling with trust, security, and privacy since the advent of the Internet. These problems have caused many organizations and individuals to constantly worry about how best they could secure their data and online transactions. Thankfully, SonicX is ready to solve these issues.

Appreciating the natural fit of blockchain decentralized platform and secured payment system for businesses like gaming and so on, the team at SonicX provide outstanding solutions to these long-standing challenges by building a decentralized platform for the internet users — using the SOX token; a blockchain architecture that has scalability at minimum cost and an ecosystem that will enable internet users to have their own digital governance.

With a focus on sectors such as gaming and all financial decentralized applications, SonicX stands out from other payment systems by bringing both security, scalability, and privacy to business. Notwithstanding the fact that blockchain underlying technology may seem complex, SonicX’s user experience remains friendly.

SonicX’s unique techniques to solve critical payment system issues are described below:

Scalability and Efficiency: The SonicX platform relies on an efficient system of Masternodes & Supernodes for payment processing and transaction verification. With Masternodes, you can have a scalable network that can achieve higher transaction speeds running alongside block producers called Supernodes. This protects the mainnet from myriads of small transactions generated by payment services while supporting regular repetitive payments.

Coming soon is SonicX’s mainnet, it is being launched on 30 June.

Token Verification Infrastructure: This is a blockchain based public infrastructure to inform the community about verified token issuers. It will be implemented through smart contracts — which will store and manage a registry of verified token issuers.

Increased Transaction: Lightning network coupled with P2P optimization to soar TPS ( transaction per second) can facilitate the network to produce blocks of bigger capacity at a faster rate. Also, special serialization will be implemented on SonicX protocol for empty blocks (reduction in size of blocks from – 1 kb to 80 bytes) which will result in increased block rates (20-100% increment)

Short Links Payment Address: The chances to make mistakes with the existing payment address is pretty high. However, SonicX is providing a more user-friendly short link address for transactions.

Proof-Of-Time Storage: This will allow a participant to share their storage capacity for specified Price in SOX. Here, co-users can buy storage capacity among storage providers. Meanwhile, to become a storage provider, one has to install the blockchain software, allocate storage capacity and specify a minimum price rate.

Self-Upgradable Blockchain: Sonicx blockchain will be able to implement more deep modifications and nearly eliminate the chances of blockchain splitting after some nodes choose not to upgrade.

About SonicX Ecosystem: This ecosystem is focussed on bringing business and technology together, and here is how;

Ecosystem Adoption: SonicX platform serves as a bridge to business and technology.  As an integrated exchange, SonicX give users direct access to payments and cryptocurrency conversion. Moreso, you can easily set it up through apps available for smartphones and other devices.

Academic Research: SonicX team works with professionals in the field of businesses and technology to keep up-to-date with leading standards that will ensure that the platform remains secured and trustworthy.

Community Driven Fun: SonicX is also a platform for Dapp developer to publish applications. The main idea is to create a community marketplace for both developers and users to have access to the ecosystem’s features. Here, Developers can put projects to receive funding based on a voting system by the community’s Masternode and Supernodes.

Conferences and seminars:

As a community, SonicX holds conferences and seminars for both developers and users who want to further boost their knowledge of the ecosystem. Furthermore, it’s also an avenue to interact with the community regarding issues and concerns 

About SonicX:

SonicX blockchain uses delegated Proof-of-stake and masternode networks that provide highest grade transparency and security through on-chain digital governance.

Please visit the website for additional information.

Company Name: SonicX

Website: https://sonicx.org

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uBUCK and Datable Incorporate Streambucks into Strategic Commercial Relationship uBUCK and Datable Incorporate Streambucks into Strategic Commercial Relationship

VANCOUVER, British Columbia, June 26, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B)(OTC:LLNKF), a leader in digital logistics and payment solutions, is pleased to provide an update on a strategic commercial relationship (dated May 5, 2019) between its wholly owned subsidiary uBUCK Technologies SEZC (“uBUCK”) and Datable Technology Corp. (TSXV:DAC) (OTC:TTMZF) (“Datable”).

Under the terms of the letter of intent (the “LOI”) with Datable, uBUCK will integrate Datable’s loyalty and reward program PLATFORM³ into uBUCK’s digital payments platform.  This new integration into uBUCK will allow uBUCK Pay account holders to earn rewards for purchases and payments made within the uBUCK Pay digital wallet or on their uBUCK Mastercard.  With this new feature, uBUCK users will be able to make online payments, send worldwide free payment transfers, and now earn real rewards simply for using uBUCK.

In addition to the strategic relationship set out in the LOI, Datable and uBUCK will cooperate to develop digital payments and loyalty solutions for the eSports industry by integrating uBUCK’s Streambucks digital payments solution with PLATFORM³.  uBUCK and Datable will share transaction fee revenue from the convenience fees charged for uBUCK pin vouchers and debit card transactions.

“We are very excited to integrate Streambucks with Datable’s PLATFORM³ to offer rewards to gamers and fans across the eSports industry, which is now bigger than Hollywood,” said uBUCK CEO James Youn.  “Datable has continued to sign-up well-known brands and proven itself as the number one rewards program on the market. We look forward to being part of their cash card offering and gaining new client referrals through our partnership.”

The terms of the LOI also stipulate that the uBUCK prepaid credit card will be featured as a reward for consumers to purchase with their points on Datable’s client portals.

About uBUCK Technologies SEZC

Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in decentralized digital payments and wallets. uBUCK Pay and Streambucks are P2P payment platforms offering consumers, businesses and merchants a fast, commission-free and highly secure alternative to traditional payment methods. uBUCK and Streambucks are stable utility tokens that are backed by the U.S. dollar via pin voucher purchases within the uBUCK Pay app or at participating resellers. Customers may load a uBUCK debit card and make online and offline purchases and send payments around the world for free.

About LiteLink Technologies Inc.

LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B)(OTC:LLNKF)is a major player in developing world-class enterprise platforms that utilize artificial intelligence, blockchain, and predictive analytics to solve fragmented and outdated technology problems in the logistics and digital payment industries.  Our flagship 1SHIFT logistics platform offers real-time transparency and tracking which allows brokers, shippers, and carriers to track shipments and settle payments in real-time. uBUCK Pay is a multi-currency digital wallet that supports traditional fiat and digital currencies.  Consumers are able to make online and offline purchases using the uBUCK debit card and send funds worldwide for free. 

About Datable Technology Corp.

DTC has developed a proprietary, mobile-based consumer marketing platform – PLATFORM³ – that is sold to global Consumer Packaged Goods (CPG) companies and consumer brands. PLATFORM³ is delivered as a subscription service (Software as a Service model) and used by CPG companies to engage consumers, reward purchases and collect valuable consumer data. PLATFORM³ incorporates Artificial Intelligence and Machine Learning to monetize the consumer data, including demographics and purchasing behavior, by sending consumers targeted offers by email and text messages. For more information, visit datablecorp.com.

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This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information.  These forward-looking statements or information may relate to the nature of the business of LiteLink, and other factors or information. Such statements represent LiteLink’s current views with respect to future events and are necessarily based upon a number of assumptions and estimate that, while considered reasonable by LiteLink, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements.  LiteLink does not intend and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules, and regulations. 

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LiteLink

LiteLink Tech | Digital Wallet and Virtual ATM Technologies

After more than 50 years of dominating retail banking, ATMs might finally be on their way out—and a new force of disruption pushing its way in. The global rise in mobile payment platforms such as PayPal Holdings (NASDAQ:PYPL)’s Venmo and Square, Inc. (NYSE:SQ)’s Cash app has led to a steady decline in automated teller machines (ATMs) around the world. This has impacted traditional ATM companies such as NCR (NYSE:NCR) and Fiserv (NASDAQ:FISV). Whereas banks are now trying to keep up by rolling out ATMs with increased capabilities and “eATMs” featuring tablet-like screens and cardless access, a Mark Cuban-invested offering developed by startup Mercuri Systems—Spare CS, Inc.—aims to bypass the banking system altogether through “virtual ATM” services to tap the enormous underbanked population in the United States and the world. With a recent feature on “Shark Tank,” Spare is working on expanding their offering , having inked a deal with Litelink Technologies Inc. (CSE:LLT) (OTC:LLNKF) subsidiary uBUCK Tech to bring their virtual ATM capabilities to the revolutionary uBUCK Pay platform.

ATMs in steady decline

Spare comes at just the right moment in banking history. In our new world of digital money, the decline of ATMs has caused numbers to drop by 1% in 2018 to 3.24m, according to banking consultancy RBR. This downturn is now affecting the world’s largest markets, including China, the United States, Japan and Brazil, while growth in India has slowed significantly. ATM makers such as NCR (NYSE:NCR), a payments company that’s heavily leveraged in cash transactions, is suffering as a result. NCR (NYSE:NCR), which currently controls 27% of the global ATM market, put itself up for sale in May, attracting two bidders who subsequently walked away. There are no new bidders on the horizon. Meanwhile, financial services technology company Fiserv (NASDAQ:FISV), which connects over 412,000 ATMs in 50 US states through Accel, has actively branched out beyond its traditional ATM services business. In one of the largest deals in the history of digital payments, Fiserv (NASDAQ:FISV) recently announced plans to buy payment processor First Data for $22-billion in an all-stock deal.

While the rise of digital payments has impacted the popularity of ATMs, another pain point stems from the expensive convenience fees that out-of-network consumers are charged per withdrawal. Spare’s CEO D’ontra Hughes was himself frustrated at failing to find an ATM affiliated with his bank to avoid these high fees. He subsequently developed the Spare app, which allows users to withdraw cash at one of over 2,500 participating merchants in Los Angeles without needing a debit card, credit card, or a brick and mortar bank.

Spare is remarkably easy to use. First, users link their bank account to the app and enter the amount they wish to withdraw. Spare then populates its in-app map with merchants nearby that are willing to hand users money straight from the cash register, if they’re shown a one-time PIN. Users would pay a convenience fee depending on the merchant—invariably lower than the charges from third-party ATMs, which averages out at a pricey $4.69 in the United States for an out-of-network withdrawal.

Mark Cuban Invests in the Underbanked

The startup is starting to attract some major names. This year, Spare was featured on ABC entrepreneur reality TV series “Shark Tank,” impressing billionaire Mark Cuban to the point in which he invested $500,000 in Hughes’s offering. Specifically, Cuban saw the potential of Spare to access the world’s unbanked and underbanked (yet mobile connected) customers—an enormous untapped market.

According to the Federal Reserve, the underbanked accounts for 22% of US households, as well as roughly one-third of the world population. Cuban understood this demographic all too well, having been too broke to even open up a bank account when he first graduated. “You needed to have 200 bucks,” he recalled. “You needed this, you needed that. They didn’t give me one.” To Cuban, the banking system loaded the dice in favour of the rich, and Spare could turn this around.

Now, Spare’s latest deal with Litelink Technologies Inc. (CSE:LLT) (OTC:LLNKF) on the uBUCK digital wallet platform puts Mark Cuban’s vision one step closer—effectively levelling the financial playing field for the underbanked. Paired with Litelink Technologies Inc. (CSE:LLT) (OTC:LLNKF)’s uBUCK Pay, Spare’s app solution now offers under-privileged and underbanked consumers more options to deposit and withdraw their cash, transfer money, and make online and offline purchases. Through the platform, users don’t need to maintain a minimum bank account balance, nor do they have to pay the high fees charged by banks, ATMs and even mobile payment services such as PayPal (NASDAQ:PYPL).

That’s because Americans who want to use a service like uBUCK won’t need a bank account at all. Having recently partnered with US prepaid platform PreWay, uBUCK will be able to offer its customers the option of buying uBUCK vouchers at any one of roughly 7,000 convenience stores across the United States using cash. The partnership will allow uBUCK users to purchase vouchers at their convenience store and then withdraw their cash at a registered Spare merchant, all without interacting with a bank.

The World’s Most Accessible Digital Wallet

Litelink Technologies Inc. (CSE:LLT) (OTC:LLNKF)’s subsidiary uBUCK platform is just as potentially world-changing as the Spare app. As a global decentralized online payments platform and pin voucher solution, uBUCK is a viable payment alternative for consumers, businesses and merchants. uBUCK acts as a digital wallet app that manages digital and traditional currency and allows users to transfer uBUCK cash to friends, family, vendors and business associates around the world—all without paying a single penny in transfer fees, commissions or hidden charges.

Free overseas transfers is a ground-breaking concept on its own. For decades, countless individuals and multinational businesses have clamoured for 100% free, instantaneous and secure worldwide money transfers. PayPal (NASDAQ:PYPL)’s fees for international transfers and fees can get quite hefty, while banks and other services charge absurd fees for most wire transfers. Payment platforms such as PayPal (NASDAQ:PYPL) and Square (NYSE:SQ) have also rolled out mobile payment services Venmo and Cash app, but these services can be slow and limited, however, and inhibit international money transfers. Neither Venmo or Square (NYSE:SQ)’s Cash app supports international cash transfers. uBUCK users can make transfers anywhere around the globe and are secure and instantaneous.

By integrating with Spare—which will provide its QR code processing technology—uBUCK could well become the most accessible digital wallet in the world. This latest deal with Spare ensures that American users of uBUCK can also get their cash out in even more places than traditional prepaid cards, through Spare’s “virtual ATM” capabilities.

Meanwhile, the benefits of using uBUCK continue to pile up. Recently, Litelink Technologies Inc. (CSE:LLT) (OTC:LLNKF) subsidiary uBUCK signed a deal with Datable Technology to integrate PLATFORM³, Datable’s loyalty and rewards program into uBUCK’s digital payments platform. This lets uBUCK Pay’s account holders to also earn rewards for purchases and payments made within the uBUCK Pay digital wallet or on their uBUCK Mastercard. Considered the top rewards platform on the market, Datable features over 30 Fortune brands such as Universal, General Mills, Unilever and Toro.

All this means that underbanked consumers now finally have a viable alternative. For decades, banks have underserved a large proportion of the market, while unfairly punishing consumers with hefty fees. New technologies such as Spare and uBUCK promise to change all of this, and signals that the financial industry could finally undergo some serious disruption.

For a free research report on LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF), visit microsmallcap.com

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LiteLink Enters Into Strategic Alliance with SPARE to Bring the Virtual ATM Network to uBUCK Customers in the US LiteLink Enters Into Strategic Alliance with SPARE to Bring the Virtual ATM Network to uBUCK Customers in the US

VANCOUVER, British Columbia, June 24, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B)(OTC:LLNKF), a key player in logistics platforms and payment solutions, is pleased to announce that its wholly-owned subsidiary uBUCK Technologies SEZC (“uBUCK”) has signed a strategic alliance with Spare CS, Inc. (“SPARE”) to bring virtual ATM capabilities to uBUCK customers.

SPARE is a mobile ATM app that allows users to convert their digital balance into cash at registered merchants without the need for a debit card, credit card, or a brick and mortar bank.

The agreement will see SPARE provide QR code processing technology to uBUCK, giving uBUCK customers the ability to seamlessly convert their uBUCK into cash at 2,500 participating merchants in Los Angeles.

“We are extremely excited to partner with SPARE, a fintech startup that recently received a vote of confidence in the form of a $500,000 investment from Mark Cuban on Shark Tank,” said uBUCK CEO James Youn. “This alliance will not only provide uBUCK customers with more options for converting their funds, but it also aligns with our goal of serving the unbanked and underbanked communities.”

SPARE gives merchants the ability to convert their cash registers into an ATM, increasing revenue and foot traffic. For customers, it offers a more secure, convenient and affordable option for dispensing cash.

“We see a great opportunity in the strategic alliance with uBUCK, and digital wallets alike, that aim to serve the unbanked and underbanked populations of the world,” said SPARE CEO D’ontra Hughes. “We see such strategic alliances as integral to the widening of services for groups of the population that often pay exorbitant fees for some of the most basic financial services. We are honored to extend our service to users of a platform that can greatly benefit from our network and its ever-growing expansion across the United States.”

About LiteLink Technologies Inc.

LiteLink Technologies Inc.(CSE:LLT)(FRA:C0B)(OTC:LLNKF) is a major player in developing world-class enterprise platforms that utilize artificial intelligence, blockchain, and predictive analytics to solve fragmented and outdated technology problems in the logistics and digital payment industries. Our flagship 1SHIFT logistics platform offers real-time transparency and tracking which allows brokers, shippers, and carriers to track shipments and settle payments in real-time. For more information about LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B)(OTC:LLNKF), please visit litelinktech.com. If you would like to know more about the 1SHIFT logistics platform, please visit 1shiftlogistics.com.

About uBUCK Technologies SEZC

Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in decentralized digital payments and wallets. uBUCK Pay and Streambucks are P2P payment platforms offering consumers, businesses and merchants a fast, commission-free and highly secure alternative to traditional payment methods. uBUCK and Streambucks are stable utility tokens that are backed by the U.S. dollar via pin voucher purchases within the uBUCK Pay app or at participating resellers. Customers may load a uBUCK debit card and make online and offline purchases and send payments around the world for free.

About Spare CS, Inc.

SPARE is a cardless, “free to withdraw,” virtual ATM network, that effectively turns any business into an ‘STM,’ or ‘SPARE Teller Merchant’ who support the network by dispensing cash from the point-of-sale system to users who request cash outs from SPARE’s mobile application. The network provides users with immediate access to cash while eliminating withdrawal fees and helps to build community by increasing foot traffic to local merchants and creating peer-to-peer exchange rather than person-to-machine exchange.  Using patented mobile technology, SPARE allows users to enter any participating location and withdraw cash in seconds and for free by tapping their mobile device on the countertop chip reader.  No debit or credit card is required, as users may access funds from a growing range of services which today include any debit or credit card as well as Apple Pay, Google Pay, PayPal, Venmo Debit, CashApp Debit, and Coinbase wallets.

Forward-looking Statement

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the nature of the business of LiteLink Technologies Inc. (CSE:LLT)(FRA:C0B) (OTC:LLNKF), and other factors or information. Such statements represent LiteLink’s current views with respect to future events and are necessarily based upon a number of assumptions and estimate that, while considered reasonable by LiteLink, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. LiteLink does not intend and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules, and regulations.

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Opacity

OPACITY LAUNCHES CRYPTO FILE STORAGE

Opacity focuses on privacy, security, and a familiar user experience.

SAN FRANCISCO, CA, June 5, 2019 — Opacity Storage, a cryptographic file storage company, today announced the release of Opacity v1.0. The new product provides anonymous online file storage utilizing a crypto token payment system and a user friendly interface. No personal data such as email, name, or payment information is ever required or stored.

The new Opacity 128GB storage plan accepts payment in OPQ tokens for 1 year of storage service with unlimited free downloads. Opacity encrypts user data starting in the browser, during upload, and in storage. Storage accounts are protected by a personal Account Handle and files can be privately shared with anyone in the world using a private File Handle.

“Our product represents a new era in online data privacy. Our customers have a strong interest in reclaiming online privacy and security to protect themselves and their data” said Opacity CEO, Jason Coppola. “There are very few native crypto businesses providing this level ease of use. Anyone familiar with traditional storage providers will be familiar with our interface and will be able to jump right in. I look forward to increased adoption of cryptocurrency as a private payment method and we are proud to be leaders in this space.”

Pricing & Availability

New storage plans for 1TB and larger, and new features such as desktop and mobile applications, will arrive this year.

Additional Resources

Follow Opacity on TwitterTelegramReddit, and YouTube.

About Opacity

Founded in 2018, Opacity Storage is dedicated to online data privacy and security. Online data breaches continue to be a major consumer risk. Opacity is reducing this risk by removing the need to provide personal payment data and by decentralizing files stored online. For more information, visit opacity.io and follow @Opacity_Storage on Twitter.

Featured image: Opacity

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