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Karatbars Is Listed in the Forbes “10 Blockchain Companies To Watch In 2019”

Written by newsexaminer

America’s most famous business magazine Forbes included The Karatbars group around Dr. h. c. Herald Seiz to the rate of the “10 Blockchain Companies To Watch In 2019” on the 6th of June, 2019 in Stuttgart, Germany. The article written by Joresa Bount takes a “deeper look at the technologies, founders, and companies that are emerging in the industry (…) The teams of these innovative blockchain startups are global, cutting-edge, and typically include early blockchain adopters as founders.”

The abovementioned list involves ten companies aimed at making the blockchain “more accessible, prominent and mainstream. (…) Each offers something unique with the potential to disrupt traditional industries as well as gain support from legitimate entities,” she states.

“Based in Germany, Karatbars International GmbH is the developer of KaratGold Coin and a robust gold-linked ecosystem of cross-border blockchain solutions. Their latest product, the IMpulse K1 Smartphone, is the first phone using Voice Over Blockchain Protocol (VOPB). Currently, KaratGold allows consumers to trade or purchase gold on more than 500,000 acceptance points worldwide. With all of the recent talk about Bitcoin versus gold, this company provides the best of both worlds, “the article says.

Karatbars CEO and Founder Dr. h.c. Harald Seiz asserted that they were grateful to be included into the Forbes list, which presented their achievements and innovations such as the blockchain smartphone Impulse K1 in the vast variety of the blockchain world. Nowadays a lot of people are interested in cryptocurrencies and blockchain and are talking about it worldwide. However, cryptocurrencies can not only be regarded as an investment object but also as a means for causing significant changes in workflows and business processes. That is the goal which this company and the other nine companies are working on.

Seiz said Karatbars company had cooperated with the most popular and successful crypto-influencer John Mc Afee who analysed the market critically and prudently as no one else did. “Warning: I work with this company. However, KBC coin is linked to gold in a way that downside is limited, while the upside is unlimited. (…) For me, it is simply a way to protect against the crypto markets’ volatility. I only work for companies I believe in,” McAfee posted on his Twitter.

A closer look at Karatbars:

Karatbars International GmbH is a blockchain company, founded in 2011 by Dr. h.c. Harald Seiz. The main office is situated in Stuttgart. Dr. h.c. Harald Seiz, who is also the company’s CEO, concerns himself with a variety of products around the real value gold and blockchain solutions. Literally, these are the distribution of small gold bars, cash gold – the substitute of traditional currencies – and two cryptocurrencies, the Karatgold Coin and KaratCoinBank Coin.  From October 2019 Karatbars will launch the Voice-Over-Blockchain Protocol Smartphone IMpulse K1-Phone so that it will provide highly secure data transmission via blockchain and end-to-end encryption (E2EE). The company is now the front runner at the market of innovative gold products.  It has more than 600 000 affiliates in more than 120 countries with the annual turnover reaching 100 million euros.

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