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IDGlobal Corp. Provides Corporate Update Regarding OTC Markets and New Venture into Cryptocurrency Mining Equipment and Hosting Procurement

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IDGlobal Corp. (OTC PINK:IDGC) announced plans to upload financials to the OTC Markets on August 13. The company is launching a procurement segment through its subsidiary, Azure Blockchain, focusing on Cryptocurrency Mining Equipment and Hosting Services. This initiative aims to build secure asset value using blockchain technology, and integrate with IoT for energy monitoring. IDGC aims to foster early-stage companies and explore international investment opportunities while navigating regulatory uncertainties that may impact operations.

Positive
  • Launch of a new procurement segment for Cryptocurrency Mining Equipment and Hosting Services.
  • Azure Blockchain's strategy to leverage blockchain for secure asset value.
  • Potential benefits from integrating IoT technology for energy monitoring.
Negative
  • Delays in announcements and operational plans may impact investor confidence.
  • Risks associated with market acceptance of new technologies and products.

WHEATON, IL / ACCESSWIRE / August 11, 2021 / IDGlobal Corp. (OTC PINK:IDGC), is pleased to announce that it will begin uploading financials Friday August 13th to the OTC Markets Platform. The Company is also excited to announce that wholly-owned subsidiary Azure Blockchain, Inc. has launched a procurement segment to place Cryptocurrency Mining Equipment and Hosting Services with our proven partners for participation fees. The Company stated, "We have laid all the groundwork, apologize for the delay in the announcement, but believe this new business, along with developing both public and private blockchain along with creating and monitoring company specific crypto, we have a very exciting future and worth the wait."

ABOUT AZURE BLOCKCHAIN

Azure Blockchain will leverage its Blockchain strategy to include various tangible assets, which may include, gold, silver, and other mining assets, real estate, business assets, to name a few. Azure's development, use, and adaptation of blockchain technology is positioned to use newly created currencies to build secure and tangible asset value for the holders. Because blockchain technology shares records of transactions and is updated by a network of computers instead of a central authority, every transaction within the system will be secure, time-stamped, and linked with previous and subsequent transactions that can be seen by anyone with access to a given blockchain. Moreover, the technology has the potential to be ideal when it comes to simplifying complicated transactions and helping to digitally track physical assets, such as electricity, as they make their way from point A to point B. Because blockchain can be used to monitor energy consumption, Azure intends to incorporate the technology to be used in conjunction with IoT technology to better measure energy usage and collect payments. This will also serve to assist consumers and businesses to identify where energy is coming from and whether it is from a renewable source.

ABOUT NOVEDA

Noveda Technologies is an innovative leader in real-time, web-based energy and water monitoring. The company's patented software solutions help reduce energy and water usage, optimize performance of renewable energy systems, and reduce the carbon footprint for customers across commercial, retail, government, education, and utility sectors. Currently, headquartered in White Plains, New York and a pure play Software as a Service (SaaS) provider

IDGC's Plan of Operations.

IDGC is an emerging growth company under the JOBS Act of 2012 and, as a diversified holding company, will focus on emerging and middle-market international investment opportunities through its subsidiaries. IDGlobal Corp. is an organization engaged in the business of fostering early-stage companies through the different developmental phases until the companies have sufficient financial, human, and physical resources to function on their own.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. Please read the full disclaimer at www.idglobalcorp.io.

Contact: idglobalinfo@gmail.com for more information

SOURCE: ID Global Corporation



View source version on accesswire.com:
https://www.accesswire.com/659280/IDGlobal-Corp-Provides-Corporate-Update-Regarding-OTC-Markets-and-New-Venture-into-Cryptocurrency-Mining-Equipment-and-Hosting-Procurement

FAQ

What is IDGlobal Corp. planning to do on August 13, 2021?

IDGlobal Corp. plans to upload its financials to the OTC Markets on August 13, 2021.

What new business is IDGlobal launching?

IDGlobal is launching a procurement segment for Cryptocurrency Mining Equipment and Hosting Services through its subsidiary Azure Blockchain.

How does Azure Blockchain plan to use blockchain technology?

Azure Blockchain aims to leverage blockchain to secure asset value and simplify complicated transactions, particularly in energy monitoring.

What are the risks mentioned in IDGlobal's press release?

The press release mentions risks related to delays in market acceptance of technologies and potential impacts on operations due to these uncertainties.

IDGLOBAL CORP

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