RE:RE:took a position this AM
Hey Sic...this stands out in the links Forbes Article linked earlier today about investing in Bitcoin or blockchain as an investor
Forbes December 11th 2017
Blockchain technology is finding application in wide range of areas: Banks can use blockchain to make secure, low-cost and faster transactions. Beyond financial transactions, blockchain technology can be used to put proof of existence of all legal documents, health records, and loyalty payments in the music industry, notary, and private securities.
To sum up, there’s a lot of excitement about Bitcoin, but unrealistic expectations that it will become real money.
There are similarities with how people in the mid-1990s thought Netscape Navigator, the world’s first commercial Web browser, was synonymous with the Internet and would be the big winner in the new Internet era; its valuation skyrocketed to nearly $3 billion by the close of the first day of its public listing in 1995.
Slightly more than a decade later, the plug was pulled on Netscape Navigator by AOL -- development and technical support ceased. Today, it’s little more than a byword for nostalgia.
Just like how Netscape is not the same as the Internet, there is a need to differentiate between Bitcoin and Blockchain. See through the bubble around Bitcoin and focus on Blockchain -- this we think is where the promise for the future lies.
sicilian2 wrote: Welcome aboard Rev! I know your knack for D&D and perseverance is exemplary!
TheRevenant2016 wrote: 50,000 at .15 as a toe in. May add more if it comes down in PPS value.
Premise:
HealthSpace Data Sys has been in operations for a couple decades. It has built an enviable client list with Government and State Agencies in the heavily regulated-paper work dependent-over adminstrative health sectors related food inspection and safety for starters. They have bridged over
into the non Government agencies recently. The verticals here are enormous. If any sector was made for blockchain adaptation and adoption its this one-and if any company not well known but an enbabler to government (pardon the pun coming lol) regulatory "FOOD CHAINS" was any better positioned thatn HealthSpace Data is...in this sector inparticular? show me and I will look at it.
Its undervalued relative to the blockchain peers and relative to the opportunity at hand as they move to capitalize on their client list and migrate them to blockchain systems mgmt.
And having that established long entrenched high value client list gives HS a competitive advantage and barrier to entry to any and all that try to come eats its lunch-cuz they have
to start from the ground running. Not so for HS. They carved out and continue to carve out new land in the sector on a continual basis and the amount of contract renewals in HealthSpace Data Sys 2.0 moving from their 1.0 version-should not be missed by anyone that they have already a clear captive clientelle and therefore given alot of this revenue flow historically is government based be it at the state or national levels or local community levels its tax therefore tax payor generated and sourced meaning guaranteed payment on demand.
Stay tuned...were early. HS has disruptive technology and is early into the transformational event with their move into the Blockchain sector space and I expect its client base which is a large one and those human capital network connections they have clearly established and are high value
and an intangible not easily quantified in their enterprise value but easily qualified for future value to come...will be leveraged for higher value business with V.HS as we move forward.
2018 will be a transformational year IMO for HS as it transitions to BlockChain in late 2017
about to come to its year end conclusion.
TheRev