CHICAGO, IL / ACCESSWIRE / July 13, 2021 / BLGI, Inc. (OTC PINK:BLGI) ('BLGI' or the 'Company') announced today the release of its new asset management trading platform.
KiMarketWatch.com (the 'Platform') has been designed and built by BLGI's technical team led by CEO Lawrence P. Cummins utilizing next-generation Decentralized Network Architecture.
"Ki MarketWatch will offer unique capabilities at significantly lower costs of entry and execution for our clients than existing competitor platforms available to the asset management industry. We look forward to seeing our partners and clients enjoy the benefits of many new capabilities within our latest release' said Lawrence P. Cummins.
KiMarketWatch is the first platform to offer multiple cryptocurrency management and trading within a full multi-asset securities trading platform globally on 127 market exchanges and 47 crypto exchanges. With real-time market data on all company stocks, Forex, Futures, CFD's, EFT's, Indices, and cryptocurrency markets, the platform provides unparalleled functionalities. With full rollout over the next 6 months, these will include social media integration, cryptocurrency futures, advanced charting, and machine learning tools. The new platform will be released from BETA to open market access via its network connection to circa 30m users. We expect use of our platform to grow quickly as users discover its efficiency speed and capabilities.
The launch marks one year since the re-birth of the Company as BLGI: A data science innovator building technology for the Internet of Economies and providing Machine Learning and blockchain solutions for Fin-tech, Healthcare, and other market sectors. 'We are proud to have spent the last 12 months developing a suite of decentralized finance (DeFi) tools and platforms for launch to financial institutions worldwide based on our new proprietary ‘Ki' architecture,' said Lawrence P. Cummins.
In excess of $50bn has migrated to DeFi platforms in just the last two years (source defipulse.com). This development, plus the solutions that blockchain systems can offer to security and compliance matters are opening up a huge market away from the early adopter retail sector.
Decentralized distributed networks that integrate into blockchain are forging a path to becoming an industry standard as the world awakens to the vulnerability of centralized platforms with tech-crime and system outages rising. Traditional fin-tech platforms are becoming progressively slower as they are encumbered with ever more layers of systems connectivity. New opportunities are arising for financial institutions to adopt next-generation platforms and offer lower cost, faster, secure asset management services with accessibility to the widest range of markets including all cryptocurrencies. The next level of data science will also be applied to DeFi platforms which will create even more market efficiency.
Fin-tech sector clients are already demanding new solutions and BLGI's data science tools are ready to meet compliance, confidentiality, and security requirements as well as providing combined DeFi trading and information platforms with unique features. Experienced asset traders are looking for the best transaction speeds, easy conversion of FIAT to Cryptocurrencies, lower fees, integrated social media, and data sources …. These are all key drivers of DeFi and BLGI has the solutions for the large scale institutions. Industries around the world are becoming ever more aware of the risks and costs of keeping data secure, we can see a vast market for platforms and services developing in the near future.
Ki Decentralized Network Architecture - Unlike its centralized counterparts, a decentralized platform doesn't require all information to go through a single point. Without requiring one party to be responsible for all the data and information, the platform operates on a peer-to-peer basis. Utilizing this method, consumers' personal information is not shared with third parties, and third parties have no access to the user's data. It is protected and not shared and therefore offers privacy and control over the assets by taking power away from market makers and leaders ie. the banks, lawyers, and brokers. The Platform also operates with the utilization of a smart contract. When a transaction initiates on the Platform, a DEX (decentralized exchange), the transaction data is processed on different hard drives must be verified to achieve a secure result.
BLGI has white-labeled versions of its platforms and is in negotiation with several asset management companies. Further announcements will be forthcoming once BLGI clients announce respectively to their customers and markets.
About BLGI Inc.
At the core of any data science company is the need to optimize a client's assets, whether the asset is financial trading data or sensitive health care information, as technology across all asset driven industries is moving toward blockchain and AI infrastructures, many organizations are rushing to adapt to these new technologies. At BLGI, we remove the guesswork from data-driven asset optimization. We deliver high-impact strategies that extend our client's assets' lives, reduce life-cycle costs, and ensure asset availability. Doing so aids our clients embrace these new emerging technologies and empower them to compete in an ever-changing digital landscape.
For additional news and information, please visit BLGI's website at www.blgi.net or by contacting BLGI as follows:
Contact Information:
Lawrence P. Cummins
Tel: +44 (0) 777 037 0114
[email protected]
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, many of which are beyond management control. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. These cautionary statements should not be construed as exhaustive or as any admission to the adequacy of BLGI's disclosures. BLGI cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words 'believes,' 'expects,' 'anticipates,' 'intends,' 'estimates,' 'plans,' 'projects,' 'should,' or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. BLGI does not undertake to publicly update or revise forward-looking statements, whether as a result of new information, future events, or otherwise. Additional information respecting factors that could materially affect BLGI and its operations are contained in its annual report on Form 10-K for the year ended April 30, 2019, as filed with the Securities and Exchange Commission.
SOURCE: BLGI Inc.