Business
Bayside Shareholder Update
Bayside Shareholder Update.
About this update from Bayside Corp.
[{"type":"text","content":"WESTON, FL / ACCESSWIRE / June 25, 2018 / It's been 10 years since Satoshi Nakamoto began the Blockchain revolution with the release of the Bitcoin white paper. While Blockchain took some time to capture the imagination and capital of technologists and investors, it has emerged as a fundamental innovation in the foundational technology for the internet. It is uniquely equipped to impact a broad range of industries from financial services to manufacturing, and to solve a variety of privacy, trust, and transaction issues that have become both an increasing frustration and threat to consumers and businesses alike.Not since the internet revolution of the mid-1990's has there been such potential to reinvent how the global economy exchanges information and completes transactions. Some of the biggest companies that thrived during the dot-com era, and survived the tech bubble, focused on the infrastructure that powered the internet. Just as web browsers became the application that made the internet useful for billions of people around the world, Bitcoin, the largest application of Blockchain technology to date, has the potential to become the first native currency for the internet. As this new technology develops, much of the value it will create should accrue to the community, and the points where this community accesses this new ecosystem.Those that figure out the how to make Blockchain useful and accessible to the greatest number of people will become the long-term winners in the industry. I believe that Bayside has the right vision and team to be among that group of winners.Making it easier for people to access and use this new technology is our mission. Our network of Bayside Blockchain branded CTMs create secure and easy access points where everyone can use cash to purchase cryptocurrencies or sell their crypto holdings for immediate cash. Our CTMs are uniquely positioned to bridge the divide between the digital economy and the physical economy, between digital cash and physical cash. They are the on-ramp for people curious and looking to access the token economy.Over the five months, since I joined Bayside as CEO, our entire team has worked hard to follow our mission and execute on our business plan of investing in infrastructure that will help grow adoption and acceptance of the Blockchain ecosystem. As of the timing of this upd...