SUIC iDrink Announces Cooperation with Midas Touch Technology to Launch GoldTrade and IndexTrade, the Latest Online Investment Trading & E-commerce Platforms based on AI and Blockchain Technology to Participate in the 100 Trillion Bullion and Index Trading Markets

Rhea-AI Summary

Sino United Worldwide Consolidated Ltd. (SUIC) has partnered with iDrink Technology Co., Ltd. and Midas Touch Technology Ltd. to enter the global bullion and index trading market. This collaboration features an AI trading system and Blockchain technology, ensuring secure transactions and user privacy. The innovative trading model targets a broader audience with lower capital requirements. SUIC aims to leverage advanced fintech solutions to tap into a potential $100 trillion market, providing users with access to gold, stock indices, and Bitcoin trading through the iDrink platform.

NEW YORK, NY and TAIPEI, TAIWAN / ACCESSWIRE / February 25, 2021 / Sino United Worldwide Consolidated Ltd. (OTC PINK:SUIC) with its investment partner iDrink Technology Co. Ltd., Taiwan ("iDrink") and its latest partner, Midas Touch Technology Ltd. a company based in London, have entered into the global bullion and index trading business through game and exchange hedge models. SUIC iDrink-Midas Touch group leads a power team composed of a group of award-winning market leaders with more than twenty years of practical experience in the field of fintech and payments industry, information technology and communication industry in actual market operations.

SUIC iDrink has developed an advanced AI trading system and applied Blockchain technology to develop safe and efficient working platform. The Big Data computation model allows seamless international transactions, emphasizing data security and privacy, making this BT-based smart app more resilient against attacks and glitches. SUIC iDrink has designed a simple and easy-to-understand trading model with lower capitalization threshold requirements, and through its unique social networking and in-depth marketing features, the international gold, index and Bitcoin trading market is no longer out of reach. iDrink is the world's latest online trading platform that uses digital currency to trade bullion, stock index and bitcoin index. Anyone, anywhere can share the benefits and convenience of iDrink global gold trading app. To learn more, please visit http://www.midas-touch.io

"Gold was one of the best performing major assets of 2020 driven by a combination of high risk, low interest rates and positive price momentum - especially during late spring and summer," World Gold Council reports. By early August, the LBMA Gold Price PM reached a historical high of US$2,067.15/oz. and finishing the year at US$1,887.60/oz." www.gold.org.

About iDrink Technology Co. Ltd.

iDrink. iDrink Technology Co. Ltd., Taiwan designs the iDrink Smart Vending Machine, utilizing cloud platform services that consolidate consumption data from beverage manufacturers and consumers alike, and uploading the data to its blockchain- enabled iDrink Smart Vending Machine. The firm also adopts other AI and Big Data technology to facilitate the gold trading hedge strategies. To learn more, please visit www.idrink.com.tw

About Sino United Worldwide Consolidated Company, USA

The Sino United Worldwide Consolidated Company provides research and development, venture financing for and investing in private enterprises and the public sector that develop products and services adopting core capabilities of the Internet of Things, cloud computing, mobile payment, Big Data, Blockchain, and Artificial Intelligence, to enhance and streamline existing processes, and establish new and exciting business models that will create revolutionary products and services. Shareholders of SUIC will be exposed to the diverse application of advanced services in various parts of the economy. Additionally, existing and potential customers can benefit from this company's diversified portfolio of technologies. As one of the pioneering publicly traded technology companies, SUIC will help build tech-enabled businesses of the future. To learn more, please visit www.sinounitedco.com.

Forward-Looking Statement

Certain information set forth herein contains "forward-looking information", including "future oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of shares being offered hereunder; (iii) the expected development of the Company's business, projects and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company's current agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.

These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained herein are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

Contacts

Sino United Worldwide Consolidated Ltd.
New Release Department
929-391-2550

SOURCE: Sino United Worldwide Consolidated Ltd.

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FAQ

What is the recent partnership involving SUIC?

Sino United Worldwide Consolidated Ltd. (SUIC) has partnered with iDrink Technology and Midas Touch Technology to enter the global bullion and index trading market.

What technologies are being utilized by SUIC in their new trading platform?

SUIC is utilizing AI trading systems and Blockchain technology to enhance security and efficiency in their trading platform.

What markets is SUIC targeting with its new trading platform?

SUIC's new trading platform targets the global bullion market, stock indices, and Bitcoin trading.

How does SUIC's trading model benefit users?

The trading model designed by SUIC has lower capital requirements and includes features for social networking and marketing.

What was the performance of gold in 2020 according to SUIC's press release?

Gold performed well in 2020, peaking at $2,067.15/oz in August and finishing at $1,887.60/oz.