Smart Card Mktg Stock Price, News & Analysis

SmartCard Marketing Systems Inc (OTC:SMKG) is actively engaging in the patent tokenization market with two intellectual properties: OriginatorX and Granularchain. Highlighting the potential for a trillion-dollar market, CEO Massimo Barone emphasizes that IBM's recognition of patent tokenization opens significant opportunities. SMKG aims to provide clarity on the valuation of its proprietary portfolio of 16 Fintech and PayTech applications. With collaborations underway for tokenizing patents, SMKG positions itself as a leader in this emerging market.

SmartCard Marketing Systems Inc (OTC:SMKG) announced the completion of its year-end audit as of December 31, 2020, by BF Borgers CPA PC. The company is set to file its audited statements with OTC Markets and the SEC, aiming for compliance with Pink OTC Guidelines and subsequent applications for OTCQB. Key developments include advancements in Ethereum token issuing, integrations with Visa, cross-border payment capabilities in over 42 countries, and progress towards lifting a cease trade order in Quebec. CEO Massimo Barone emphasized these steps as crucial for SMKG’s global market growth.

SmartCard Marketing Systems (OTC:SMKG) is advancing its financial transparency by finalizing its audited financial statements for 2020, which will aid in compliance with OTC Markets' guidelines. The company has secured BF BORGERS CPA PC for this audit, essential for filing in Canada. CEO Massimo Barone highlighted that the recent appreciation in share price reflects the company's growing value as a fintech leader, with proprietary technologies supporting global digital transformation. The company aims to lift a cease trade order in Quebec as part of its regulatory compliance efforts.

SmartCard Marketing Systems Inc (OTC:SMKG) is poised to leverage the booming NFT market, which surged to $250+ million in 2020. Through its platform OriginatorX, the company facilitates the creation and trading of both fungible and non-fungible tokens, enhancing accessibility for a global audience. Key offerings include eKYC onboarding, smart contract auctions, and digital wallet creation, enabling secure cryptocurrency storage. With a presence in over 200 countries, SMKG is positioned for growth in the digital economy, combining its proprietary technologies across various industries.

SmartCard Marketing Systems Inc (OTC:SMKG) has signed a Letter of Intent to acquire the Intellectual Property of Chat Bot AI, expected to enhance client acquisition and conversions. The deal includes the purchase of 1.5 million shares at $0.033 each and entails a cash payment of $25k in 12 installments. Additionally, a 10% royalty on future sales is planned for three years. This acquisition positions SMKG to utilize advanced AI solutions across various sectors, including Fintech and Paytech, potentially expanding market reach and enhancing service offerings.

SmartCard Marketing Systems Inc. (OTC:SMKG) announced the completion of the staging environment for its OriginatorX platform, enabling blockchain-based ICOs, crypto, and alternative derivatives offerings. This platform includes underwriting and smart contract management capabilities. The Digital Asset Management Market is projected to grow from USD 2.54 billion in 2019 to USD 7.76 billion by 2025, signaling a significant market opportunity. CEO Massimo Barone emphasized the company's leadership in fintech and the potential for growth through managed partnerships and proprietary technology.

SmartCard Marketing Systems Inc. (OTC:SMKG) has announced a partnership with Mumbai FinTech Hub to become Global Investment Outreach Partners for the Government of Maharashtra's 'FinTech Investments and Deals Program'. This initiative aims to streamline funding access and foster strategic partnerships in the FinTech sector, leveraging a digital platform that connects start-ups with interested investors. CEO Massimo Barone emphasized the potential to access major FinTech companies in India and enhance their global technology exchange.

SmartCard Marketing Systems Inc (OTC: SMKG) is positioned for growth in the cloud infrastructure market, projected to exceed US$ 198 billion by 2024 at a CAGR of 11.3%. The company emphasizes its strategy of leveraging multiple cloud providers like AWS, Azure, and Google to expand its reach. CEO Massimo Barone highlights the firm's focus on digital transformation solutions for clients while deploying a robust portfolio of Fintech and PayTech applications. With an entrepreneurial approach, SMKG aims to enhance its global presence and cater to a diverse range of industries.