Datametrex AI Ltd V.DM

Shinhan Financial Group

[Resilience19]

A lot of positives around doing business with Shinhan Financial Group, so I look forward to hearing more on the FinTech vertical.

• For starters, as some may have picked up on one of Marshall's interviews, prior to joining DM he has worked significantly in the finance world, integrating AI for brokerage etc.
• 02 Jul 2020 DM issued a NR (https://stockhouse.com/news/press-releases/2020/07/02/datametrex-announces-2-6m-sales-agreement), namely, stating that "SeeS will utilize Datametrex’s technologies as an automated operating solution for its large corporate customers...as well as several banks and insurance companies." (Note: there is a specific emphasis on "several banks", so my take is that Shinhan is but one of likely banking customers for whom we should expect such news in the future).
• 27 May 2021, DM issued a somewhat unnoticed NR (https://stockhouse.com/news/press-releases/2021/05/27/datametrex-secures-ai-tech-contracts) stating that "...it has received additional Purchase Orders (P.O.)...he Shinhan Financial Group ("Shinhan"), located in Seoul, South Korea...The new business with Shinhan is for JobMind in the AI-powered server automization...We are starting to see the reduction in cycle time for AI model optimization and adoption. With the company being flexible enough to provide our clients with whatever AI solution their needs require." (Note: I suspect the FinTech bit is a new AI solution being proposed to Shinhan, namely, based on Marshall's previous financial experience.)

Beyond Shinhan and the broader banking customers, DM is jumping into the breach and also starting work with insurance companies, airports, major conglomerates (in SK but Marshall also alluded to Europe).

I think these rather low-key NRs seen over the past year(s) are precursors to much larger opportunities.

As such I agree with @bagger99 that time will come where DM's sp will see a significantly higher markup perhaps to the level of "... other companys in AI have 100+ mc with no rev's".

Long and strong

[shaker13]

Don't forget, Marshall mentioned Shinhan Financial also have Chrypto experts that are working with DM to help relaunch Ronin in about a months time, I believe he said we should learn more on that, hopefully the Crypto's which are mostly nice and green today are back to their ATH's again when that occurs.

[TorlifTostorson]

https://cointelegraph.com/news/korea-s-shinhan-bank-makes-strategic-investment-in-crypto-custody-consortium Best Torlif  

[Resilience19]

This all looks increasingly promising!  So: 02 Jul 2020 DM issues a NR highlighting it has entered into an agreement to provide "...an automated operating solution for its large corporate customers...as well as several banks" 11 Jan 2021 Shinhan Bank makes strategic investment in crypto custody consortium 02 Feb 2021 DM issues a NR providing an update on Ronin

[Resilience19]

Given the exitement this generates for people only seeing the tip of the iceberg, I start to understand why Marshall increasingly appears optimistic about DM's AI prospects, given that he sees the whole of the iceberg!

[maryhill]

This post has been removed in accordance with Community Policy

[baggerx99]

This becoming rather overwelming, the number of  verticals in play with all being rev generators. this is a NO brainer entry point.......

[Markhamjohn]

Baggerx99 said "This becoming rather overwelming, the number of verticals in play with all being rev generators." Can we come back down to earth and say that we are early in the game and some of these (like Telehealth) are "potential" revenue generators and hopefully profit makers. Telehealth is a very competitive field and it will take much more than just a good product before