- GreenBox
has developed the fastest and safest way to send and process money through
blockchain technology
- The
company’s flagship products, services and custom hardware include
QuickCard, point-of-sale solutions and LOOPZ
- GreenBox
has now acquired Sky Mids Technologies
Hardware/software technology company GreenBox POS, LLC (OTC:
GRBX) offers individual disruptive applications integrated into an end-to-end
set of financial products. Based in San Diego, California, the company builds
customized payment solutions for a variety of industries, with a focus on
blockchain-secured ledger technology. Its blockchain orientation ensures that
vital elements, including security, privacy, reliability and extendibility, are
always part of the package.
Fundamentally, the company has developed the quickest and
safest way to send and process money utilizing blockchain technology. The
design of GreenBox’s technology aims to lessen transaction costs, decrease
fraud and strengthen regulatory compliance. All data and information are
securely hosted on a blockchain platform. The company has a suite of flagship
products, services and custom hardware. These include QuickCard, point-of-sale
solutions, and LOOPZ delivery infrastructure.
QuickCard offers a blockchain technology powered E-Wallet.
The QuickCard Kiosk performs direct and immediate deposits from cash to
blockchain. It confirms bank account availability immediately, and it accepts
cash, debit/credit card or ACH directly to most banks.
The company’s TrustGateway blockchain technology is
integrated with QuickCard, with an emphasis on fraud protection. Being
integrated systems, TrustGateway and QuickCard provide the security of an owned
blockchain gateway. The design of TrustGateway technology aims to facilitate the
largest platform in existence.
Regarding point-of-sale solutions, GreenBox’s POS software
features compliance, financial audit preparation, expense tracking, tax
payments, register-specific features and data fidelity controls. All records
are stored on blockchain with no data backup or recovery needed. Point-of-sale
solutions are completely integrated with delivery and payment systems.
LOOPZ is the company’s delivery software solution. It
provides service dispatcher back-end technology with manual and automatic
modes. LOOPZ features direct reporting to point-of-sale inventory and enables
instant settlements. LOOPZ also features two mobile applications (driver and
consumer) that run on Android and iOS.
GreenBox recently acquired Sky Mids Technologies and its book
of transactional business capable of processing more than $1 billion
annually (http://ibn.fm/iwyRb).
It has already started taking Sky Mids’ book of business onto its
infrastructure. GreenBox will integrate into its operations the staff (mainly
engineers) and technology developed by Sky. Sky’s transactional platform
specializes in strong and secure payments processing. For some time, Sky has
been using GreenBox’s QuickCard payments system as its primary payments
infrastructure.
In a news release, Ben Errez, executive vice president of
GreenBox, said, “This is a great opportunity for both GreenBox and Sky. We have
been working with Sky for a while now and are thoroughly impressed with their
technology and capabilities. Their engineers are top notch and I am confident
the synergy will continue to add to the plethora of new technologies we have
brought, and will continue to bring, to market.”
GreenBox, with its end-to-end POS technology, is delivering
advanced solutions to a society that is going increasingly cashless (http://ibn.fm/OHunc). With its
customized payment solutions for diverse market sectors, it is leading the way
concerning blockchain-secured ledger technology. It is building shareholder
value by owning all parts of the blockchain payment system and operating over
its own blockchain space.
For more information, visit the company’s website at www.GreenBoxPOS.com
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480.374.1336 Office
Editor@QualityStocks.com
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