ZK International manufactures pipes, tools and devices for water.
Since 2018, ZK International has been working on a research project to create blockchain systems, which they call xSigma.
They are now composing the Blockchain system to focus on the supply chain and the Internet of Things.
There are practically no competitors in the blockchain market, industrial systems, and none of them is public. ZKIN has an existing business that makes it feasible to implement technologies such as blockchain.
It is important to note that they are not raising money or tokens - they are spending their profits to create technology.
On November 23, shares jumped from $ 1.72 to $ 3.05 per share on news that the company plans to fund its subsidiary xSigma to focus on the decentralized financial space, with a focus on decentralized exchanges, stablecoins and lending protocols. "Funded research lab xSigma is now actively working on its ecosystem of products, starting with the DeFi protocol."
If we look at the annual reports, the company's revenue is growing from year to year, even in spite of the pandemic for 2020, an increase of 15% is expected compared to 2019.
This is a strong company with real customers that just didn't get the attention it deserves. If the company continues to use the markening move and continues to publicly promote its blockchain technology, then the company's shares will grow several times.
I suppose at the moment we should take a closer look at two points of entry into the long.
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Since 2018, ZK International has been working on a research project to create blockchain systems, which they call xSigma.
They are now composing the Blockchain system to focus on the supply chain and the Internet of Things.
There are practically no competitors in the blockchain market, industrial systems, and none of them is public. ZKIN has an existing business that makes it feasible to implement technologies such as blockchain.
It is important to note that they are not raising money or tokens - they are spending their profits to create technology.
On November 23, shares jumped from $ 1.72 to $ 3.05 per share on news that the company plans to fund its subsidiary xSigma to focus on the decentralized financial space, with a focus on decentralized exchanges, stablecoins and lending protocols. "Funded research lab xSigma is now actively working on its ecosystem of products, starting with the DeFi protocol."
If we look at the annual reports, the company's revenue is growing from year to year, even in spite of the pandemic for 2020, an increase of 15% is expected compared to 2019.
This is a strong company with real customers that just didn't get the attention it deserves. If the company continues to use the markening move and continues to publicly promote its blockchain technology, then the company's shares will grow several times.
I suppose at the moment we should take a closer look at two points of entry into the long.
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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