|From: NetworkNewsWire (Rep: 0)||Date: 03/29/2018 18:43|
|Forum: GLOBAL PAYOUT, INC - Msg #130||Thread #674000675 (Rec: 0) |
|NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Sets Launch Date for MTRAC Blockchain Payment Platform|
Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that on April 4th, 2018, its MoneyTrac Technology, Inc. subsidiary will be launching MTRAC, a full-service banking solution powered by GreenBox blockchain technology. As traditional banking services continue to be largely unavailable to businesses operating in the legal cannabis industry, MTRAC is able to deliver these services in addition to its distributed ledger technology that tracks and records each transaction. The official launch of MTRAC will enable businesses in the industry to process payments for their consumers, as well as send payments to their vendors, employees, and other business affiliates. “The goal of MTRAC from the beginning has been to leverage the different technologies available to us to remove the use of cash as the primary form of payment throughout the cannabis industry. While other companies have struggled to find supportive financial solutions, MTRAC opted to take a different approach, and one that has relied heavily on the use of blockchain technology to address this problem for a massive and growing industry,” MTRAC CEO Vanessa Luna stated in the news release.
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