Recently Public Via Reverse Merger (URYL) Blockchain Technology Stock is on the Move

Recently Public Via Reverse Merger (URYL) Blockchain Technology Stock is on the Move

TrueNorth (URYL) Works with MVP Developers to Upgrade to World Class Daaps to Compete in Today’s Blockchain Market with a Sophisticated Cloud Based Platform

Good day everyone,

TrueNorth Quantum Inc. (OTCQB: URYL) is the creator of the Northern Shield cloud platform, a PaaS environment for the development of Daap and other blockchain applications.

Current price $.80/share (+ 23.08% as of market close 11-4-21)

URYL shares opened the Thursday session at $.65/share and gained 23.08% to close the day at $.80/share. Trading volume was 122K shares.

As I said previously, URYL is a new public company (formed one week ago by combining with a virtual shell) and their new cloud based app development platform, Northern Shield was just introduced in August. The company designed the North Shield platform for building the next generation of decentralized blockchain applications. (Dapp) for FinTech, MedTech, AgTech, and HealthTech.

TrueNorth was founded in October 2018 and was a private company until a week ago. There isn’t any legacy data to share, stock chart, or analysts rating. I wanted to present them to you because I feel that growth in the crypto/blockchain universe is going to explode and the opportunity to look at small-cap public companies engaged in the development of the sector are few.

The company describes their Northern Shield platform as an innovative, scalable, institutional-grade cloud platform that enables the rapid build and scale of decentralized applications across multiple industries.

The Northern Shield is being offered in partnership with Dapp developers enabling the reuse of their proof-of-concept implementation by rapidly porting to the Northern Shield, instantly gaining institutional-grade security, scalability, and global access. Northern Shield will facilitate a transition from proof of concept to global institutional scale up to 5x faster than trying to do a complete Daap rebuild to meet the requirements of major institutional customers today.

When a blockchain developer releases a proof of concept, it becomes a race to get a Minimal Viable Product (MVP) into the marketplace to verify the viability of the concept and gauge user interest. If they are successful and get user approval, they need to turn that Daap product into one that can navigate the complex technological challenges of building in the DeFi economy.

One of the best features of partnering with TrueNorth and utilizing the Northern Shield platform is cost. Rather than a traditional license fee, URYL offers customers transaction pricing that is success fee-based so if the client wins, so does URYL.

URYL has identified four characteristics of the Northern Shield platform they believe differentiates it from other Daap development platforms:

Advanced-Data Management: Our security protocols travel with the data, leaving no points of weakness.

Secure Distributed Transactions: We provide quantum-proof security transaction handling, taking smart contracts to a new level

Workflow Management: Our App has a goal-oriented system design that enables interoperability across complex tech environments.

Flexible Microservices: From identity services to transcoding, our vast menu of services streamlines development and reduces time to market.

Beyond financial transaction TrueNorth is focused on revolutionizing key industries where the convergence of custody, transaction security and big data have the potential to unlock new business growth in sectors such as Agriculture, ePayments, Healthcare, Insurance, Banking, and Trading.

Earlier I compared the development of the blockchain with the early development of the internet. Another aspect of that comparison is that it’s estimated there will be a replacement of 90% of today’s blockchain applications as technology develops.

TrueNorth is offering a product that is ready to meet the requirements of creating blockchain apps for the future. There is a good amount of potential for a higher market value here.

The Traders News Group

TrueNorth (URYL) is Leading the Way Toward Blockchain Development with Their Advanced PaaS Platform

Good day everyone,

TrueNorth Quantum Inc. (OTCQB: URYL) is the creator of the Northern Shield cloud platform, a PaaS environment for the development of Daap and other blockchain applications.
Current price $.65/share (as of 10:00 am EDT 11-4-21)
URYL shares got off to a slow start in the Thursday session, opening at $.65 and remaining at that price in the first 30 minutes of trading.

I can see a substantial upside for the value of URYL, particularly in the near term. They are a new public company (created by merging with a virtual shell) and their PaaS platform is new, advanced, and available to developers now.

Blockchain development and growth will depend on the applications developed for use on it. I like to describe the blockchain as the Internet 2.0. Look at the icons on your device that link you to internet apps. If you’re like me, you might have a couple dozen of them.

In the near to mid-term, those icons will begin to link you to blockchain apps. The block chain will prove to be superior to the internet in terms of security and privacy, an environment where your online activities are your business and your business alone.

Today, there are a plethora of apps available for download on your devices but that was not always the case. In the early days of the internet, there wasn’t much you could do with it. As time went on more apps were deployed as more development platforms were introduced.
We are at that stage with blockchain development right now, and TrueNorth is leading the way with a platform and the technical expertise to assist app developers, making it much easier for development. Review the fact sheet about TrueNorth and you will see why.
Stay tuned for more on TrueNorth (URYL)

The Traders News Group

 

United Royale Holdings Corp. (URYL) Acquires PaaS Innovator True North Quantum, Inc. in an All-Stock Transaction

The Blockchain is currently undergoing the same application-level growing pains that the internet did in the late 90s and early ’00s, and the Northern Shield will accelerate the scaling of decentralized applications.”

Good day everyone,

United Royale Holdings Corp. (OTCQB: URYL) has completed a name change to TrueNorth Quantum Inc. after closing the acquisition of TrueNorth Quantum Inc, the creator of the Northern Shield cloud platform which is pending regulatory approval and completion.

Current price $.65/share
Market cap $92M

URYL just made an acquisition that could transform the company and may be a catalyst toward a significant upside in the company’s value.

On Monday URYL announced that on Friday, October 29, 2021, they acquired 100% of the issued and outstanding common shares of TrueNorth on the basis of 14 URYL shares for every 1 common share outstanding of TrueNorth.

TrueNorth Quantum Inc. is the creator of the Northern Shield, a Platform-as-a-Service offering data security protocols and workflow management, built on a flexible microservices ecosystem. True north brings together blockchain and Saas technology development, quantum computing expertise, tech start-up experience to help developers build the next generation of decentralized applications.

According to Doug Beynon, Executive Chairman of TrueNorth: “Decentralized applications are, simply, applications built on the Blockchain or distributed ledger technology. This is where much of the blockchain work is being done now. The Blockchain is currently undergoing the same application-level growing pains that the internet did in the late 90s and early ’00s, and the Northern Shield will accelerate the scaling of decentralized applications.”

You can get all the information you need about True North from this fact sheet about the company as a part of your due diligence.

The need for blockchain development platforms that are easy to create apps with are a crucial need right now. As more transaction than ever are being conducted on blockchain platforms, the need to develop apps to accommodate those transactions is growing rapidly.

URYL looks like it could be an early opportunity in a PaaS company with a big future.

Stay tuned.

The Traders News Group

 

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