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
Privacy Policy and Disclaimer
Your Consent
By using our site, you consent to our online privacy policy and disclaimer.
Do we disclose any information to outside parties?
We do not sell your information to anyone. Please see our cookie policy below.
https://tradersnewssource.com/cookie-policy-us/
What information do we collect?
We collect information from you when you subscribe to our newsletter or fill out a form on one of our social platforms. This includes your email address and or mobile phone number.
When registering on our site, as appropriate, you may be asked to enter your: e-mail address and or mobile number.
What do we use your information for?
When we collect your email or mobile number it is used for one purpose to send you the information you requested about small cap stocks. Please read our disclaimer carefully before viewing our emails.
Your information, whether public or private, will not be sold, exchanged, transferred, or given to any other company for any reason whatsoever, other than for the express purpose of delivering the information on small cap stocks that you requested.
We send periodic emails
The email address you provide may be used to send you information, the small acp stock reports you requested, respond to inquiries, and/or other requests or questions.
How do we protect your information?
We implement a variety of security measures to maintain the safety of your personal information when you enter, submit, your email address. We use secure third parties to send email and sms messages to you.
Because we value your privacy we have taken the necessary precautions to be in compliance with the California Online Privacy Protection Act.
Online Privacy Policy Policy
This online privacy policy applies to information collected through our website and social media platforms.
Contacting Us
If there are any questions regarding this privacy policy or disclaimer you may contact us using the information below.
Editor@TradersNewsSource.com
The owners and operators of this website have not been compensated by anyone in anyway for this email correspondence. We do expect to receive additional airdrop tokens of (NS) per their referral program rules for this airdrop.
Traders News Source is a wholly owned subsidiary of Traders News Source LLC, herein referred to as TNS LLC.
Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The disclaimer is to be read and fully understood before using our services, joining our site or our email/blog list as well as any social networking platforms we may use.
Please Note: TNS LLC and its employees are not a registered investment advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever.
Release of Liability: Through use of this website viewing or using you agree to hold TNS LLC, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. TNS LLC encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and TNS LLC makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead TNS LLC strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. TNS LLC is compliant with the Can Spam Act of 2003. TNS LLC does not offer such advice or analysis, and TNS LLC further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled.
The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results.
In preparing this publication, TNS LLC has relied upon information supplied by its customers, publicly available information and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. The owners and operators of this website have been compensated fifteen thousand dollars for our distributed opinions on uryl this week. The advertisements in this website are believed to be reliable, however, TNS LLC and its owners, affiliates, subsidiaries, officers, directors, representatives and agents disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. TNS LLC is not responsible for any claims made by the companies advertised herein, nor is TNS LLC responsible for any other promotional firm, its program or its structure.
TNS LLC is not affiliated with any exchange, electronic quotation system, the Securities Exchange Commission or FINRA. TNS LLC is not a Broker/Dealer and does not engage in high frequency trading.
