New York, New York--(Newsfile Corp. - May 18, 2018) - NetworkNewsAudio announces the Audio Press Release (APR) titled
"Blockchain Offers Diverse Possibilities for Expanding Markets," featuring Global Payout, Inc. (OTC Pink: GOHE).
To hear the NetworkNewsAudio version, visit: http://nnw.fm/0vHFm
To read the original editorial, visit: http://nnw.fm/vMh6v
One of the great advantages of blockchain is the reliable, unalterable record trail that it creates. This helps with
accounting and provides a significant measure of legitimacy for businesses operating in heavily regulated industries such as
cannabis production and distribution. It is therefore of great use to MoneyTrac and Global Payout's customers.
As a result, blockchain provides a reliable audit trail. This is invaluable for compliance, one of the areas in which
MoneyTrac excels at in supporting its clients. Meeting the requirements of regulators is vital in handling both money and
cannabis, and the company offers support and advice in this compliance work. As blockchain becomes more widely available, it
could become one of the most effective solutions for compliance because of the reliability of its built-in audit trail.
MTRAC CEO Vanessa Luna pointed out during the launch of the company's technology in April that blockchain-based payment and
record-keeping systems will even help local authorities in their regulatory role. "We are extremely excited to be getting this
payment platform off the ground," Luna said (http://nnw.fm/SUs2D). "We plan to pay special attention to marketing and recruiting local governments and
municipalities to adopt the technology as a means for both regulating legal cannabis sales and tracking it for tax purposes."
About Global Payout, Inc.
Since the company's inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid
payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global introduced its first
online payment platform called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to
international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the
introduction of its new, state of the art FINTECH payment system in 2017, for both online and mobile applications to allow account
holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their
FINTECH payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing
support of the banking industry and international governments. For more information, visit www.GlobalPayout.com.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and
Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof.
In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking statements.
Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
