Everything Blockchain, Inc. (OTCMKTS:OBTX ) believes that every transaction in future should be completely trusted, while blockchain technology is used meet ESG goals, support cities of the future, and build and control the transparency of supply chains. Blockchain technology is to key to ensuring the rights of data ownership are sustained forever. The company’s patent-pending advances in blockchain engineering deliver exact elements required for real-world business use, such as speed, security, and energy efficiency.
Trading Data
On Tuesday, OBTX stock fell 29.33% to $2.65 with 6.46K shares, compared to its average volume 7.5K shares. The stock moved within a range of $2.5200 – 3.5400 after opening trade at $3.22.
Everything Blockchain Gains International Foothold
Everything Blockchain Inc. has announced on July 12, 2022, about partnering with Oikonomakis Christos Global Law Firm, a pioneer in the field of legal advice and services. Everything Blockchain will consistently work on growing its global footprint, while offering support to customers in multiple international markets.
The global advancement of the company has already started in Europe and in Middle East/North Africa (MENA). It has commenced operations on the ground and is soon set to finalize multiple partnership and licensing agreements within these regions. The relationship with Oikonomakis will provide more support to Everything Blockchain to capitalize on growing market opportunities and increase its global strategic partnerships.
The partnership with a qualified international law firm could have a great impact on companies, via better economic results. The contribution of knowledge on international trade is also a bonus. It means procuring better contracts and obtaining better benefits from the legal knowledge of both the local market and the client or partner market. A law firm with the expertise and skills to perform in the international context is a crucial element for a company that intends to operate in a global market.
Mike Hawkins, Chairman of Everything Blockchain Inc., says that collaborating with Oikonomakis gives them an ideal, strategic opportunity to deliver innovative solutions internationally. They remain committed to the mission of helping customers all over the world, to achieve success with blockchain technology. Christos Oikonomakis, Founder and Managing Partner. “Oikonomakis Law has expressed similar excitement on working with Everything Blockchain, while helping to realize their business goals. The former has dedicated itself to assisting helping companies compete in today’s business market and operate seamlessly across borders.
To streamline the delivery of cutting-edge software solutions, architectures, and platforms, Everything Blockchain is developing a worldwide secure hardware network. Moreover, it is continuing to develop patent-pending applications that will enhance blockchain technology and make it more accessible and consumable in the real world.
Key Quote
“Partnering with Oikonomakis offers an incredible, strategic opportunity for our team to deliver our innovative solutions internationally,” said Mike Hawkins, Chairman of Everything Blockchain Inc. “It remains our mission to help customers around the world achieve success with blockchain technology, and this is the next of many steps in that direction.”
Technical Data
OBTX stock is trading below the 20-Day and 50-Day Moving averages of $3.54 and $3.04 respectively. However, the stock is trading above the 200-Day moving average of $6.02. The company has a total market capitalization of $23.85 million with 8.60 million outstanding shares. The stock is down 15% over the past 3-month
