Welcome back everyone, so in this video, we are going to be talking about blockchain,
a sector which we haven’t covered in a while, but there are big big opportunities in this space.
And so I share with you one top blockchain penny stock
which is not only undervalued right now but also very well positioned to serve a
number of sectors which are forecasted to have a massive addressable markets.
Within the next 12 months, the research firm, Gartner estimates that 90% of enterprise
blockchain applications will require immediate replacement to maintain security, remain
competitive, and avoid obsolescence. And this company has been hard at work on a platform to
power this new decentralized economy, which is a sector projected to soar to $368 Billion by 2027.
Blockchain has boomed and is projected to add over $176 Billion in business value by 2025,
and this company has designed its security platform to meet the blockchain security
standards of major financial institutions across various markets, from FinTech to MedTech.
So you want to make sure you watch the video till the end so you don’t miss out on what catalysts
are in place, which could drive their share price up. And do me a favour to drop a like on
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So with that out of the way, let’s talk about Truenorth Quantum Inc (OTC: URYL)
which is now sitting at 29cents per share with a market cap of $43.8m.
Truenorth’s share price has seen extreme volatility recently with it being down 25%
in the last month and 63% over the last 6m, which puts it in value territory and trading
close to year to date lows. And when you look at where they’ve come from as recently as November,
where they hit a share price of $1.70, it gives you an indication of the share price range in
the recent period and how far they can go, should the execute their strategic agenda successfully.
Truenorth was previously known as United Royale Holdings
and changed their name recently following a major acquisition. Truenorth is OTCQB listed
with an average of 79k shares traded over the last 30day period and over 151m shares outstanding.
Previously called United Royale Group Holdings Corp. (OTC:URYL) they announced the acquisition of
TrueNorth Quantum Inc. ("TrueNorth"), the creator of the Northern Shield cloud platform for building
institutional-grade decentralized applications for FinTech, MedTech, AgTech, and HealthTech. And
following that United Royale Group completed their name change to TrueNorth Quantum Inc. in Q4, 2021.
So today TrueNorth Quantum Inc. is the creator of the Northern Shield,
an innovative, scalable, institutional-grade cloud platform that enables the rapid build and
scale of decentralized applications across multiple industries. The Northern Shield
Platform-as-a-Service offers advanced data security protocols and workflow management,
built on a flexible microservices ecosystem.
And as a development partner, TrueNorth Quantum seeks opportunities to accelerate innovation,
including investment in disruptive technologies they believe will change the world. Their partner
acceleration model, which offers application development services and rapid prototyping,
enables industry disruptors to succeed, no matter where they are in their business journey.
And their current business focus is decentralized applications in HealthTech,
Medtech, Fintech and AgTech.
They have a global leadership team brings together blockchain and Saas technology development,
quantum computing expertise, tech start-up experience, resulting in a visionary team
equipped to help tomorrow’s innovators build the next generation of decentralized applications
that they believe will revolutionize industries from agriculture to healthcare, and beyond.
When TrueNorth Launched their Innovative, Proprietary Cloud Technology Platform;
Northern Shield, They positioned it as A Scalable, Secure Infrastructure Designed To
Rapidly Build And Launch The Next Generation Of Decentralized Blockchain Applications.
They announced the launch of the Northern Shield as a Platform as a Service offering
to accelerate the replacement of 90% of today's Blockchain applications
Doug Beynon, Executive Chairman of TrueNorth stated that: 'Decentralized applications are,
simply, applications built on the Blockchain or distributed ledger technology. This is
where much of the blockchain work is being done now. The Blockchain is currently undergoing the
same application-level growing pains that the internet did in the late 90s and early '00s,
and the Northern Shield will accelerate the scaling of decentralized applications'. 'So
their platform offers stability and scalability in a world of continuously shifting technology
whilst allowing users to get up and running faster with their decentralized platform,
featuring a broad range of available integrations, a rich ecosystem of services,
built-in global business protocols, and advanced security'.
The platform has four services that separate them from their competition:
Advanced-Data Management: where their security protocols travel with the data,
leaving no points of weakness. Secure Distributed Transactions: where
they provide quantum-proof security transaction handling and taking smart contracts to a new level
Workflow Management: where their App has a goal-oriented system design
that enables interoperability across complex tech environments.
Flexible Microservices: where from identity services to transcoding, their vast menu of
services streamlines development and reduces time to market, which are all very interesting
So applications built on the Blockchain are developed to heavily prioritize functionality and
power over security, usability, and simplicity. While this is undoubtedly important for the 'proof
of concept' phase of Blockchain, the ecosystem is now hungry for wide-scale adoption and growth.
The Northern Shield will facilitate this transition from proof of concept
to global institutional scale up to 5x faster than trying to do a complete rebuild to meet
the stringent requirements of major institutional customers. The Northern Shield is being offered in
partnership with Decentralised app developers enabling the reuse of their proof-of-concept
implementation by rapidly porting to the Northern Shield, instantly gaining
institutional-grade security, scalability, and global access, which is all brilliant stuff.
And if you look at the addressable market sizes of the different segments
TrueNorth is going after, you very quickly begin to see how big the opportunities are.
Starting with Fintech, Expected to reach a global market value of approximately $324 billion by 2026
at a 23.41% CAGR. MedTech The global MedTech market, or medical device market,
expected to grow from $471 Billion in 2020 to reach $623 Billion by 2026,
at a 5% CAGR. AgTech: The global AgTech market was valued at $17.4 billion in 2019.
And is projected to skyrocket to $41.1 billion by 2027 at a 12.1% CAGR. HealthTech: where In 2019,
the global digital health market was worth an estimated $175 billion and now projections show
this market could boom to roughly $660 billion by 2025 at an expected CAGR of almost 25%.
So even as these market segments present MASSIVE opportunities for potential growth,
it’s important to remember that the company is just getting started.
As they are dedicated to building a decentralized economy beyond only financial applications…
So in summary Blockchain has boomed and is projected to add over $176 Billion in business
value by 2025. The Northern Shield platform is designed to meet the blockchain security standards
of major financial institutions across various major growth markets, from FinTech to MedTech.
And By implementing the Northern Shield platform, Decentralised Apps of all sizes can tap into
similar enterprise-grade solutions as larger financial institutions, with a critical focus
on transaction security and flexibility. It can also ensure that the app function
meets each institution’s specific standards for compliance and safe transactions.
So some very very interesting and mindblowing prospects ahead for these penny stocks but only
consider getting in if the price is right for you and if you fully understand the risks. This
video is not financial advice, a buy or a sell recommendation, but is meant to bring some new
and exciting penny stocks to your attention for you to do your own research.. As always
I would love to hear from you, so please let me know your thoughts on these top penny stocks in
the comments section below and what other penny stocks are catching your eyes lately.
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Thank you so much for being here and I look forward to have you in my next video. Thank you