Monday, April 12, 2021
Only Bitcoin Market News
Bitcoin Tax Solutions
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • Investors
  • Technical
  • Crash
  • Spam
  • Stock
  • Blockchain
  • Videos
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • Investors
  • Technical
  • Crash
  • Spam
  • Stock
  • Blockchain
  • Videos
Only Bitcoin Market News
No Result
View All Result

TAAL releases its 5 year strategic vision featuring new innovations for a new economy

10 months ago
in Beginners
2 min read
TAAL releases its 5 year strategic vision featuring new innovations for a new economy
Share on FacebookShare on Twitter


VANCOUVER, May 28, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ) (“TAAL” or the “Company“) has published the Company’s 5 Year Corporate Vision presentation. This has been published on the Company’s corporate website and can be viewed here:  https://www.taal.com/files/TAAL-CorporateVisionDeck.pdf.

The presentation starts with an introduction from the new CEO, Jerry Chan, “The blockchain industry is evolving. The future will look radically different from what it is today. TAAL intends to be a leader in the new era of the industry and its emerging opportunities for capitalization. We are taking a long term view on the potential of blockchain technology, and have a plan for the future. I’d like to share a bit of this vision with you.”

The industry is about to undergo significant change, and we expect to see a transition away from a block rewards subsidy model to a transaction fee based model, which will be a major issue for any miner who hasn’t already modified their business strategy. Gone are the days when a mining or node operator passively runs the software and collects subsidy to support their business; It’s now focused on how to compete in this new paradigm, and only industry players who see the true use of this technology will survive and flourish by deploying enterprise level solutions that monetize high volume transaction on the blockchain.

Value must now be delivered on utility, not speculation, because in four years we will encounter yet another scheduled Halving Event, where the block subsidy reduces even lower to 3.125 coins per block. For the bitcoin industry to survive, mining operators must transition into transaction processors that provide solutions which propel the adoption of businesses building applications and contributing data, in the forms of transactions, onto a public, permission-less and scalable blockchain.

TAAL has been improving its block processing infrastructure and streamlining systems in preparation for scaling of operation and a strategic vision that include several pillars:

  • Transaction processing, using M/API, bulk volume contracts, dynamic rates and client tiering;
  • Managed services for blockchain computer hosting, hash contracts and “TAALPool”, a public blockchain computing pool;
  • Services and pilot projects stemming from the filed patent application related to the customized blockchain computing device;
  • Blockchain cloud services; and
  • Internet of Things (“IoT”) agents and services.

About TAAL Distributed Information Technologies Inc. 

TAAL Distributed Information Technologies Inc. (CSE:TAAL) delivers value-added blockchain services, providing professional-grade, highly scalable blockchain infrastructure and transactional platforms to support businesses building solutions and applications upon the Bitcoin SV platform, and developing, operating, and managing distributed computing systems for enterprise users.

The CSE accepts no responsibility…



Read more:TAAL releases its 5 year strategic vision featuring new innovations for a new economy

Related articles

No-Code Blockchain Automation Company Esprezzo Raises $2 Million

No-Code Blockchain Automation Company Esprezzo Raises $2 Million

April 11, 2021
Bitcoin vs Ethereum – Which one is better?

Bitcoin vs Ethereum – Which one is better?

April 10, 2021
Tags: bitcoin news todayEconomyfeaturingInnovationsReleasesstrategicTAALvisionyear

Related Posts

No-Code Blockchain Automation Company Esprezzo Raises $2 Million

No-Code Blockchain Automation Company Esprezzo Raises $2 Million

by Bitcoin Market
April 11, 2021
0

Esprezzo — a no-code blockchain automation and data platform — recently announced it has raised an oversubscribed $2 million...

Bitcoin vs Ethereum – Which one is better?

Bitcoin vs Ethereum – Which one is better?

by Bitcoin Market
April 10, 2021
0

The hype surrounding cryptocurrencies’ is real. Many compare it to the dot com bubble of the 90s – and...

10+ Best Cryptocurrency & Bitcoin Exchanges in 2021 [Apr’21 Review] | Hacker Noon

10+ Best Cryptocurrency & Bitcoin Exchanges in 2021 [Apr’21 Review] | Hacker Noon

by Bitcoin Market
April 10, 2021
0

@dmitry.leijkoDmitry LeikoEntrepreneur, product owner, SEO specialist, cryptocurrency enthusiast. All you need to know;) dmitry@lej.meCryptocurrency has impacted the entire finance...

Coinbase vs. Coinbase Pro: Which Should You Choose?

Coinbase vs. Coinbase Pro: Which Should You Choose?

by Bitcoin Market
April 9, 2021
0

Fees Coinbase Coinbase Pro Bank account 1.49% 0 Wallet 1.49%  0  Debit/credit cards 3.99% 0  ACH transfer Free  Free...

The best Bitcoin wallets for storing and securing your cryptocurrency

The best Bitcoin wallets for storing and securing your cryptocurrency

by Bitcoin Market
April 8, 2021
0

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We...

Load More

Trend Now

  • Trending
  • Comments
  • Latest
Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

June 8, 2020
5 Cryptocurrency Staking Providers – A Review | Hacker Noon

5 Cryptocurrency Staking Providers – A Review | Hacker Noon

January 30, 2021
Argo Blockchain boosts mining margins in July

Argo Blockchain boosts mining margins in July

August 5, 2020
North America’s first bitcoin ETF launches in Canada today

North America’s first bitcoin ETF launches in Canada today

February 18, 2021
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

May 19, 2020
Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

February 18, 2021
Cryptocurrency Exchange Bitstamp Sees Two Top Lawyers Depart

Robert Kiyosaki says Bitcoin will be worth $1.2 million in 5 years – TechStory

0
Bitcoin daily chart alert – Bullish chart pattern develops – May 19

Bitcoin daily chart alert – Bullish chart pattern develops – May 19

0
Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

0
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

0
Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

0
Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

0
Cryptocurrency Exchange Bitstamp Sees Two Top Lawyers Depart

Robert Kiyosaki says Bitcoin will be worth $1.2 million in 5 years – TechStory

April 12, 2021
/R E P E A T — UPDATE Media Advisory: Infrastructure Announcement in Cape Breton/

/R E P E A T — UPDATE Media Advisory: Infrastructure Announcement in Cape Breton/

April 12, 2021
Industry Reactions To Cryptocurrency Market Hitting $2 Trillion Mark

Industry Reactions To Cryptocurrency Market Hitting $2 Trillion Mark

April 12, 2021
Bitcoin And Crypto Braced For Near-$100 Billion Coinbase ‘Boom’ As Bitcoin Price

Bitcoin And Crypto Braced For Near-$100 Billion Coinbase ‘Boom’ As Bitcoin Price

April 12, 2021
HollyGold, the First True Hollywood Crypto Currency Project, is now on XT.com

HollyGold, the First True Hollywood Crypto Currency Project, is now on XT.com

April 12, 2021
Will ensure interests of crypto investors are protected: Anurag Thakur

Will ensure interests of crypto investors are protected: Anurag Thakur

April 12, 2021
  • Contact Us
  • Terms of Use
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA

© 2020 MarketForBitcoin.com

No Result
View All Result
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • Investors
  • Technical
  • Crash
  • Spam
  • Stock
  • Blockchain
  • Videos

© 2020 MarketForBitcoin.com

  • bitcoinBitcoin(BTC)$59,955.000.405%
  • bitcoin-cashBitcoin Cash(BCH)$664.58-3.11%
  • binance-coinBinance Coin(BNB)$572.3816.20%
  • bitcoin-goldBitcoin Gold(BTG)$104.34-6.96%
  • bitcoin-privateBitcoin Private(BTCP)$0.9598.15%
  • blocktixBlocktix(TIX)$0.046234.89%