Cloud Nine Web3 Technologies Inc (CSE:CNI) (OTCMKTS:CLGUF) announced the appointment of Richard Oh, a former executive at PayPal Asia, and Eric Sim, CEO of GLOCONTECH, as the company’s new strategic advisors.
Cloud Nine said Oh and Sim will join company advisor Shin-Young Park, CEO of WePay Korea, to develop and advance Cloud Nine’s Limitless Real-Time Coin payments and Blockchain Payment Gateway.
“With the high adoption rate of smartphones and improved internet penetration globally, it is important that we continue to build a world class team with experience in payment solutions,” said Cloud Nine Web3 Technologies president Sefton Fincham said in a statement.
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“Richard and Eric are a brilliant addition to our team to help position Cloud Nine in the lead to capitalize on the growing demand for innovative payment solutions,” Fincham added.
The company noted its Limitless product combines real-time coin payments and blockchain payment gateway to support various payment integrations such as Visa and Mastercard.
Cloud Nine added that by combining a payment gateway, POINT development and distribution technology, crypto payment systems, and blockchain real-time payments, the company will enable users to access their data in a "truly distributed" fashion.
Cloud Nine Web3 Technologies, formerly Cloud Nine Education Group Ltd, is a technology platform company focused on incorporating emerging technologies into its current platforms. The Vancouver-based company’s mission is to fuel innovation and make the future more accessible by powering the launch and growth of future Web 3.0 technologies focused on decentralization.
Contact Sean at sean@proactiveinvestors.com