TessPay and Cresval Capital Corp. have announced that their Plan of Arrangement (originally entered into January 16, 2018) whereby TessPay and a newly incorporated subsidiary of Cresval would amalgamate, continue as TessPay and become a listed issuer on the TSXV, has been terminated. TessPay continues to work to on commencing revenue generation for its business system and expects to do so in the near future. In this regard, TessPay will also concurrently continue capital raising efforts with a view to seek a stock exchange listing later in 2019.
Revolutionizing financial settlements in global wholesale telecom – Blockchain Pulse: IBM Blockchain Blog
We’re excited about the future of financial settlements in the telecom industry and the contribution TessPay is making to blockchain payment systems.
‘If it’s good enough for the World Bank…’ Yet another leading indicator that Blockchain is fast becoming part of the business landscape came from Australia last week. Reuters reported that Commonwealth Bank of Australia has won a mandate … Read More
Forget Cryptocurrency and what will happen to its value;
Blockchain and its value is here to stay, and for very good reason
Blockchain has almost become an overused ‘buzzword’. For many it’s as familiar and confusing as when someone says ‘Ping Me’. Many people have heard of Blockchain but are still none the wiser of its true purpose.
Already this year alone, Billions of dollars has been spent on a solution to problems we didn’t acknowledge even two years ago. Private equity firms, hedge funds, banks and industry giants are investing into this technology, to harness its incredible value.
Most people have heard of Bitcoin and its other constituent currency’s that make up the Crypto space. A common thought when someone hears the word Blockhcain is ‘Bitcoin’. Cryptocurrency in itself has gained its obscurity and notoriety from the leading technology of what Blockhain is and does. Cryptocurrency has almost eclipsed Blockchain and in itself made this technology the less spoken about family member, when in reality it’s the bigger of the two.
Whether you believe Cryptocurrency and its values are to rise, fall or implode, with very good reason Blockchain is here to stay and will genuinely revolutionise industry and people’s lives.
Here at TessPay, we are doing exactly that. In partnership with IBM, utilising TessPay smart contracts and Blockchain technology we are building out the TessPay platform that will change industries and the way business is conducted.
The first industry stop for our solution is the wholesale Telecom market.
Take a read of the following article to get a better perspective on how our technology will be applied to the global telecoms market.
Tesspay attended the all-important Mediterranean Telecom Exchange Show In Rome.
Fresh on the hills of TessPay’s hugely successful showcase at the International Telecoms Week in Chicago back in May, the team were invited to attend a much more intimate show in Europe.
The Mediterranean Telecom Exchange (MTX) show was held in the beautiful city of Rome in July. Sixty seven companies and over 170 outside attendees from 20 countries visited the exhibition over two days.
MTX is highly concentrated to business operating throughout the Mediterranean with particular attention also paid to the emerging African side. MTX is becoming an essential showcase for the launch of new and innovative products and services.
TessPay was invited to exhibit over the two day event and deliver a Keynote speech for the closing session.
Much like the success and positive feedback received from ITW in Chicago, the Rome conference was no different with a number of different wholesale telecom experts keen to sign up and follow the progress in anticipation of the platform live date in October this year.
Here is some more information on the MTX conference.