Blockchain has existed as a means of decentralizing currency as we have come to know it. For those of who you believe blockchain to be a necklace made of legos, allow me to give you some help. Blockchain technology, originally created for the regulation and distribution of the digital currency, BitCoin (BTC), allows for digital information to be distributed but not copied. Blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions, but virtually everything of value, according to Don Tapscott, author of Blockchain Revolution.
Blockchain was created to allow for a new form of decentralized currency to be used for everyday transactions. Whether are aware of this fact or not, if you have an account at any major bank, (Wells Fargo, Chase, etc) banks use your money for their own investments and everyday business. To give you an example of how this works, say you are working on an essay for a college class. You decide to share this document with a colleague so that they can take a look, make edits, and send the document back to you. The issue with this is that, once you have sent your document to a friend for review, you need to wait until they send the copy back to review their suggested edits. Two owners cannot be on the same document at once. This is how banks use your balances and make transfers. When you transfer money from one account to another, on the backend, your bank temporarily locks you of your account while they fulfill your request. While doing so, you have no record of this, and bankers who are less than responsible will have unfettered access to all of your accounts.
With blockchain technology, the entire history of every transaction made with an account is logged and stored. Nothing can be falsified and all activity is transparent. According to Ian Khan, author, and self-proclaimed “Technology Futurist,”
“As revolutionary as it sounds, Blockchain truly is a mechanism to bring everyone to the highest degree of accountability. No more missed transactions, human or machine errors, or even an exchange that was not done with the consent of the. Parties involved. Above anything else, the most critical area where Blockchain helps is to guarantee the validity of a transaction by recording it not only on the main register but a connected distributed system of registers, all of which are connected through a secure validation mechanism”
–Ian Khan, TEDx Speaker, Author, Technology Futurist
To summarize Mr. Khan’s tech futurist explanation, Blockchain holds everyone accountable in any given transaction, be it fiscal or any other type of exchange. Now that I’ve caught you up to speed on the magical world of Blockchain technology, let’s travel to San Francisco where, this week, thousands of crypto witches and wizards have booked every Airbnb from the Richmond to SOMA for “Blockchain Week,” a cornucopia of speakers series, conferences, and workshops all focused on our friend, Blockchain.
One of these many conferences, during which I believe the SF’s nerdiest individuals attend, was hosted SF-based tech firm, Ripple, a company who manages their own cryptocurrency (XRP) as well as a digital payments network. According to Forbes, both attendees and panelists, which included former President Bill Clinton, spoke very passionately of blockchain’s potential to transform business as we know it. Ripple has been working, day and night, convincing banks and financial services firms to utilize its XRapid technology, used for cross-border payment, a $27 trillion market by volume, according to Boston Consulting Group.
While companies are really starting to vibe with blockchain technology for their finance and supply chain management needs, it is important to recognize the relative infancy of this tech. The infancy relates less to how built out and market-ready the blockchain companies are, and more so the public opinion on the crypto world. Cryptocurrency is the lovechild of anarchists and their wish to disestablish large financial institutions. From this union, we have created an incredible resource for financial capability, but that does not discount our societies collective fear surrounding the technology.
According to Christian Lanng, CEO of the supply chain management platform Tradeshift, “Blockchain is an extremely powerful idea, but it is very far from being a mature technology…If people are becoming millionaires from ICO (initial coin offerings), they’re disincentivized to create the next generation of technology. There’s a little bit of a bubble with all the short term-ism.”
When Lanng mentioned those who made a killing from investing in bitcoins (BTC), she is referencing December 2017, the hight of the cryptocurrency market, where coins were trading for nearly $19,000 per coin. Nowadays, the price of Bitcoin (BTC) has drastically fallen to about $6,500, along with another popular currency, Ethereum, dropping to roughly $230 since its peak at $1,300 per coin, in January 2018. Matt McGraw, CEO of Dispatch labs, a startup the works on blockchain protocol for data compliance had this to say:
“Blockchain is going from the Lambo phase to the Subaru phase…I think the (yacht) parties are dying not because people are getting older or more serious, but because they don’t have enough money”
– Matt McGraw, CEO, Dispatch Labs
The fact of the matter is that the rebellious minds behind cryptocurrencies wanted to decentralize traditional banking and make a pretty penny in the process. The market has shown that the currencies, themselves, are not necessarily the cash cow that they were in late 2017. Only time will tell whether cryptocurrencies will rise from the ashes or not, but what seems to be certain is the reliability of blockchain technology and its use cases for accountability in the modern financial market system.
Biotechnology Could Cure It All
Nearly two-thousand years ago, give or take several minutes, Hippocrates taught that human existence was centered around the four elements — earth, water, fire, and air — which in the human body was represented by the four basic humors: blood, phlegm, black bile, yellow bile. Hippocrates explained that each humor was located in a specific organ of the human body and each related to its own personality type — sanguine, phlegmatic, melancholic, and choleric.
‘Therefore, if someone was sick, Hippocrates taught that this indicated an imbalance in one of the four
Suffice to say that the medical field has moved forward since 460 BC, and recently, these advancements have occurred in the biotechnology industry. Though biotech is a relatively new field, it possesses great potential for the future of medicine. One of the more recent breakthroughs in biotech stems from something called pharmacogenomics, or the study of how genetics affect a person’s response to drugs. This new field combines the science of developing drug treatments and research conducted on human genetics and their functions.
According to the U.S. National Library of Medicine, most drugs currently available on the market are branded as “one size fits all,”meaning that this specific treatment was created to cure a certain ailment for anyone who takes it. However, as scientists in the pharmacogenomics field are discovering, not everyone reacts the same to certain drugs.
For example, if two individuals are having an allergic reaction and both ingest an anti-histamine, it’s possible that it will help one person feel better, while causing adverse side-effects to the other person. By studying a person’s genetic coding, medical experts are better able to predict how a medication will effect a particular person.
Ironically enough, as new technologies and inventive approaches to curing diseases come to light, medical researchers are discovering new diseases that seek to test all the progress we’ve made thus far. The practices of medicine have taken massive strides over the past few generations through the pioneering of biotechnology research and other incredible advancements, but regardless of these steps forward, it is up to companies in the healthcare industry to responsibly tend to the needs of their patients.
Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) is a Canadian publicly traded company strategically poised to take advantage of lucrative business opportunities in the global healthcare industry. The Company is working to develop innovative healthcare approaches that combine human skill-based expertise with emerging technologies. What sets the Company apart from others in the field is that Premier is focused on developing their healthcare platform with a patient centric focus, looking to restore power back to the patients. For far too long, patients have been at the mercy of pharmaceutical companies who, by virtue of their capital, have maintained a chokehold on the price of drugs that patients need to stay healthy.
In addition to rising treatments costs, as the global population increases, there are less primary physicians available for consumers looking to be cured. Through the use of Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) HealthVue app, patient can see their physician, access their charts & lab results, chat securely with clinical staff, reorder prescriptions and share remote health monitoring data with their doctor – all at their fingertips. The HealthVue app utilizes a virtual care platform designed to be easy to use and to improve a patient’s access to primary care.
In addition these advanced healthcare solutions, the Company shared, in their most recent corporate update, that they plan on utilizing artificial intelligence to assist in virtually triaging the needs of their patients. Using their Healthvue app, the patient will answer a series of questions which will be relayed to the physician, along with a differential on possible diagnoses. This information will be pre-populated to the physicians charting system and will provide key patient information prior to the scheduled virtual visit, saving them a considerable amount of time and allowing more time for patient interaction.
Pursuant to an agreement between MIDAM VENTURES, LLC and Premier Health Group Inc. we were hired for a period from 10/1/2018 – 4/1/2019 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $300,000 ( CASH) for & were paid “500,000” shares of restricted common shares (as of 1/2/2019). We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6) Six-month restriction is complete on 4/1/2019 we plan to sell the “500,000” shares of Premier Health Group Inc. that we hold currently in restricted form during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Please click here for full disclaimer.
Stock Price Newsletter – February 21, 2019
Mueller Investigation Is Almost Ready
A half-witted, know-nothing playwright by the name of William Shakespeare once wrote that “these violent delights have violent ends.” The line, taken from Shakespeare’s Romeo and Juliet, also featured in Westworld, depicts a scene in which Friar Laurence cautions Romeo into falling for Juliet because his love may catalyze his own violent end. I attribute the words of Shakespeare to the current predicament facing President Donald Trump and his administration. In the two or so years since Trump took office, special counsel Robert Mueller has worked without end to investigate whether the Trump administration colluded in any way, shape, or form, with Russia during the 2016 presidential election.
After countless subpoenas and inducements of former Trump associates and administration members, sources indicate that Mueller’s long nights away from the family could soon be over. Towards that end of January, Roger Stone, a former associate of Donald Trump before he became president, was indicted on charges of seeking stolen emails from WikiLeaks that could damage Trump’s opponents during the 2016 presidential election season.
Per the official language of the indictment:
“…After the 2016 U.S. presidential election, the U.S. House of Representatives Permanent Select Committee on Intelligence, the U.S. Senate Select Committee on Intelligence, and the Federal Bureau of Investigation opened or announced their respective investigations into Russian interference in the 20126 U.S. presidential election…Stone took steps to obstruct these investigations….He made false statements to the HPSCI about his interactions regarding WikiLeaks, and falsely denied possessing records that contained evidence…”
-Robert Stone indictment
The indictment went on to explain that Stone attempted to persuade a witness to provide false testimony and withheld pertinent information from federal investigators. According to several sources, Stone was arrested by the FBI Friday morning while drinking his morning coffee at his home in Florida. Stone’s attorney immediately attempted to defuse any public sentiment stirring up connecting Stone to special counsel Mueller’s investigation, suggesting that Stone’s indictment “focuses on allegedly false statements…made to Congress,” and has nothing to do with Russian collusion.
According to CNN, Attorney General Bill Barr is limbering up in preparation to announce as early as next week the completion of Robert Mueller’s investigation, “with plans for Barr to submit to Congress soon after a summary” of the confidential report is prepared. Interestingly enough, though the details of the report concern both the American people and its presiding government, under special counsel regulations, Mueller must submit his “report” to the attorney general and the law doesn’t require this document to be shared with anyone.
Barr is under no formal obligation to publicly share the report, but I can already assume that members of the Democratic leadership will be banging on his office door until he throws them a bone.
The question on everyone’s mind is, what Mueller discovered in his lengthy investigation. Mueller was appointed to the case on May 17, 2017, and in years following this date, Mueller has had his hands full. Early last week, Mueller’s office filed its sentencing memorandum against Paul Manafort, Trump’s former campaign manager, who will be sentenced next month in federal district court in the District of Columbia.
“For a decade, Manafort repeatedly violated the law. Considering only the crimes charged in this district, they make plain that Manafort chose to engage in a sophisticated scheme to hide millions of dollars from United States authorities. The sentence in this case must take into account the gravity of this conduct, and serve to both specifically deter Manafort and those who would commit a similar series of crimes.”
–sentencing memo from Robert Mueller
As for the findings of Mueller’s investigation, we will have to wait and see how Attorney General Barr chooses to go about sharing the report, if he ends up sharing the information at all. The information could disturb the Trump presidency and possibly give Democrats grounds for introducing articles of impeachment.
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