cryptolck - cryptography - security - cyphercypher -decypherWell - I guess shareholders should familiarize themselves with this crypyo stuff - I've tried to do a few searches to help wrap my mind d around this technology and Wikipedia seems to have a good scope - explaining such hi-tech security science, that involves a whole Lotta quantum physics, mathematical, and so many other variables in which to read in public identity to secure encypt and on the other end identify and also decrypt.
Bigger - for once I would have to agree with you....
If pyd and bitboss has the right technology that is above the rest in cryptography - and though it is in a patent pend stage - most companies still proceed regardless of receiving rights all because most technology or patented products cannot wait to hit the market - they need to be first to market in order to corner the market.
So if one rereads the press release - one would identify what pyd has - and what the product is intended to do - and the way I read it - I took it as they want to use such technology in a proving.
Now - really think about it - besides the bitcoin ransom theft - ( do read up on that )and besides public identity and the encrypting of company programs, gaming sites, public accounts and files on both counterparts.....
I personally think pyd is thinking in terms of - how to address the issues of not only crypto security but how to ramp up more interest in online gaming - for all gaming companies - and what better way than to prove the online game was delivered on a fair play basis. When one thinks about it - there are perhaps millions and millions of skeptical gamblers who stick to the casinos - and merely play games - gambling games on a demo account - not a live account.
I'm sure the older generation has lots of skeptism when it comes to online gaming - and I'm sure many companies see the huge numbers of gamers with demo accounts - non profit - too fearful of the online - hidden - virtual world. And as so.... I'm sure there are many companies frothing at the mouth - thinking day and night how to encourage such members with demo play account - to register for a real account -
So I didn't take it nesisarily as just snother crypto technology - instead - i read the press relesse as
Something with really good potential - snd if pyd snd bitboss has the right technology - theres no telling how big this could be..... Which all depends upon the proving of - uniquness of delivery mode - who controls the technology \ base server? - selling of - marketable snd of course gaming industry reception - then the implementation of , and like I read in the press release - has the same model of recurring revenue - when I read that my eyes went wide and I smiled....lol
So - i tend to ask - how many gamers are there with just play accounts. Worldwide?
How many fear the online gaming is rigged or feel it may be unfair and fear opened ng a live account ?
How many would open a live account - if they felt a fair play was implemented to prove to player or public the game was played fairly?
Again,,,, it appears pyd is targeting this aspect - which if unique and I know I haven't heard of such technology - so if unique - if they can be first to market with s provable flawless technology and secure such accounts - and if such gaming companies they market to have their act together and have ready promotional ads to deliver to their numerous gamers who are still reluctant to go live online gaming - then this iust might be the ticket to ride high.... Lots of variables and I wish there was more within the press release to chew on - but such technology and to be first to market - I think I would be limited with info too.... Just to endure I was well ahead of the competition....
Makes one wonder why there's some slamming posts on this board.... I'm thinking the competition could be jealous...?
Lastly,,,, this is my own opinion how I understood the press release - its not investing advice - just my own take - which could be utterly wrong.... Please do check out cryptography at Wikipedia - they give a really good parameter from the inception of - wartime - to present....
Cheers!