Consorteum Holdings, Inc. (CSRH) Universal Mobile Interface Connects in a Post-PC World

• Mobile devices now account for more web traffic than desktops
• Mobile app development served by a multiplicity of languages and tools
• Consorteum UMI platform breaks down language barriers

When the IBM PC debuted in 1981, who could have envisaged a world in which the desktop would become “old school”? But 37 years on, that’s exactly what has happened. Mobile devices now account for 51.7 percent of web traffic, according to Statcounter, with tablets contributing 4.18 percent and desktops accounting for 44.12 percent (http://ibn.fm/6g5ww). The ubiquitous use of the smartphone is, of course, a major factor. There are very few on the planet who do not possess one. Mobile app development has risen in conjunction, to make life easier for us, with an app for this and an app for that, but developers of these app all have their preferences with regard to tools and languages, which has led to an onslaught of incompatibilities between devices and apps. However, Consorteum Holdings (OTC: CSRH) is bridging those mobile divides. The company’s Universal Mobile Interface (UMI) technology allows different software platforms and devices to communicate. It could prove to be the technology that releases the potential of the smartphone on the web.

The mobile app ecosystem is wide and varied and, undoubtedly, such diversity has its benefits. In creating apps, for instance, developers have a choice of one or more of the “15 Best Programming Languages for Mobile App Development”, which include Corona, HTML 5, Java and JavaScript, Pearl, Python, Rust and various iterations of C (http://ibn.fm/HJPBk), but such heterogeneity raises challenges in getting different apps and devices to “talk” to each other. However, Consorteum’s UMI platform could be the comprehensive “interpreter” that breaks down the language barriers between apps and devices.

There is good reason to do so. Worldwide, mobile app revenues climbed to $88.3 billion in 2016, up from $69.7 billion in 2015, according to Statista (http://ibn.fm/r7Rah). It further project the market to reach nearly $190 billion by 2020.

The UMI is a state-of-the-art platform that can integrate any stream of data onto a mobile device. Developed by Consorteum subsidiary 359 Mobile Inc., the technology has the capability to create mobile apps in fintech, data analytics, secure payment processing, compliance lead transaction management and various digital social event sectors. The UMI platform also allows cross operating system development to support all mobile devices while addressing the complex and highly regulated needs of the mobile fintech industry.

Consorteum Holdings, Inc. is a mobile platform company focused on delivering compliant, complex mobile-based transactions through a mix of partnerships, license agreements and joint venture revenue share arrangements. The company is focused on fintech, otherwise known as next-generation financial technology. Consorteum aims to capitalize on the broad variety of technological interventions into personal and commercial transactions by focusing its efforts and resources where it can leverage its expertise in direct and vertical based solutions.

For more information, visit the company’s website at www.Consorteum.com

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