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NetCents Technology Inc
Symbol NC
Shares Issued 42,445,467
Close 2018-04-20 C$ 2.71
Market Cap C$ 115,027,216
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NetCents to add five new coins to merchant gateway

2018-08-16 10:09 ET - News Release

Mr. Clayton Moore reports

NETCENTS TECHNOLOGY TO ADD FIVE NEW COINS TO MERCHANT GATEWAY

Due to upcoming partner and merchant requests, NetCents Technology Inc. will be adding five new coins to the NetCents merchant gateway. The coins that the company will be adding to the NetCents merchant gateway are:

  • Verge (XVG);
  • Tron (TRX);
  • ZenCash (ZEN);
  • Bitcoin Cash (BCH);
  • NEM (XEM).

"We are excited to see the launch of XEM on NetCents," said Kristof Van de Reck, NEM.io Foundation president. "NetCents provides a cutting-edge payment solution that helps merchants thrive in a competitive landscape by safely and securely expanding their products in an untapped market where growth continues at unprecedented levels."

Over the coming months, the company will start to roll out the coins into the NetCents merchant gateway. Once a coin has been added to the gateway, merchants will be able to start accepting these coins for transactions, both on-line and off. Additionally, the company is expanding its Instant Settlement artificial intelligence (AI) capability to support the addition of these new coins into the Instant Settlement program.

"By adding these new coins to the merchant gateway, we are giving our merchants and partners greater flexibility and control in how they accept cryptocurrency payments from their customers," stated Clayton Moore, chief executive officer of NetCents. "Our goal is to facilitate cryptocurrency as a daily transactional currency. By giving our merchants access to the coins that they would like to accept, we hope to foster greater adoption of cryptocurrency as a payment method."

About Tron

Tron strives to construct a global free-content entertainment system utilizing blockchain technology. This protocol allows each user to freely publish, store and own data. The issuance, circulation and trading of digital assets, through decentralized self-governance, lay the foundation for the distribution and subscription of content, thereby empowering content creators as well as forming a decentralized content entertainment ecosystem. The app partners of Tron protocol include Peiwo, Obike, Gifto and Uplive, with a total of four million users, making Tron a blockchain protocol with the most DAPP users in the world.

About Verge

Verge is a decentralized currency designed for users who value privacy. It improves upon the original Bitcoin blockchain by using multiple anonymity-centric networks such as Tor and i2p. It utilizes multialgorithm mining support to improve security and provide equal distribution of coins to miners. A cryptocurrency based on the Bitcoin blockchain, the creation of Satoshi Nakamoto, with multiple anonymity-centric network adaptations known as Tor and i2p. Included are other improvements such multialgorithm mining capabilities as well as Blackhole technology, for IP obfuscation, which, through Electrum transaction simplification, allows for instant transaction confirmations without a centralized authority. While people race to encrypt their transactions, people should ask themselves a question: What good are encrypted transactions when they are still stored in a blockchain database with immutable time-stamps, while the users' IP addresses are also time-stamped and broadcast across the network? Verge will ensure that all transactions are fully secure and truly anonymous.

About ZenCash

Zen is an end-to-end encrypted system with zero-knowledge technology over which communications, data or value can be securely transmitted and stored. It is an integration of revolutionary technologies that create a system over which innovation can accelerate by combining three functions that are traditionally done separately: 1) transactions, 2) communication and 3) competitive governance. This is done in a secure and anonymous manner, using a worldwide distributed blockchain and computing infrastructure. The system integrates multiple best-in-class technologies to form an open platform for permissionless innovation that can evolve with user preferences.

About Bitcoin Cash

Bitcoin Cash is a hard-forked version of the original Bitcoin. It is similar to Bitcoin with regard to its protocol; proof-of-work SHA-256 hashing, 21 million supply, same block times and reward system. However, two main differences are the blocksize limits, as of August, 2017, Bitcoin has a one-megabit blocksize limit whereas BCH proposes eight MB blocks. Also, BCH will adjust the difficulty every six blocks as opposed to 2016 blocks as with Bitcoin. Bitcoin Cash is a proposal from the via BTC mining pool and the Bitmain mining group to carry out a UAHF (user-activated hard fork) on Aug. 1 12:20 p.m. UTC. They rejected the agreed consensus (aka BIP-91 or SegWit2x) and have decided to fork the original Bitcoin blockchain and create this new version called Bitcoin Cash. Bitcoin Cash can be claimed by BTC owners who have their private keys or store their Bitcoins on a service that will split BCH for the customer.

About NEM

NEM, in its most basic form, is a cryptocurrency that is built on blockchain technology. The NEM blockchain is an improvement on existing blockchain technologies. It integrates concepts from other cryptocurrencies (in example, Bitcoin) and academic research in network theory. NEM, in its most basic form, is a cryptocurrency that is built on blockchain technology. The NEM blockchain is an improvement on existing blockchain technologies. It integrates concepts from other cryptocurrencies (in example, Bitcoin) and academic research in network theory. NEM's vision is to be the foundation of a vibrant cryptocurrency ecosystem that emphasizes security and trustless computing. NEM was launched with built-in support for multisig transactions and encrypted messages. Additionally, the peer-to-peer (P2P) NEM network implements a modified version of Eigentrust-plus-plus to identify and minimize the impact of malicious nodes.

About NetCents Technology Inc.

NetCents is a next-generation on-line payment processing platform, offering consumers and merchants on-line services for managing electronic payments. The company is focused on capturing the migration from cash to digital currency by utilizing innovative blockchain technology to provide payment solutions that are simple to use, secure and worry-free.

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