Business
OTC: DRCR, Swifty Global (Dear Cashmere Holding Company) Announces the Launch of Its Swifty Predictions App in the United Kingdom
OTC: DRCR, Swifty Global (Dear Cashmere Holding Company) Announces the Launch of Its Swifty Predictions App in the United Kingdom.
About this update from Dear Cashmere Holding Co.
[{"type":"text","content":"\n NEW YORK, NY, July 21, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Dear Cashmere Holding Company (OTC: DRCR) known as Swifty Global (Swifty), is a technology company focused on creating ground-breaking solutions in the Financial and Sports Betting Sectors. The company has developed two disruptive mobile applications (apps) for sports predictions and a digital wallet which encompasses Artificial Intelligence (AI) and Cryptocurrency/Blockchain Transactions.  Swifty holds UK and Curacao gambling licenses, with further licenses pending in several countries. Now, the company has received its coveted GLI License, which allows it to launch its Swifty Predictions swipe betting application (app). The GLI License is a requirement to operate in the highly regulated gambling market as it confirms that the product has been successfully tested and is certified to be legally scalable and compliant according to the relevant country regulations.  Swifty is not only a gambling business but also a software technology developer and provider. The company develops its own software and is able to share revenues with other betting companies, giving it a huge advantage over other betting applications. Swifty’s technology has its own unique built in Artificial Intelligence (AI) and the added GLI compliance now means that Swifty will be able white label its app for other gambling companies to use in their markets where they have relevant licensing. This will significantly speed up the Swifty roll out. Cost effective, certified technology, and licensing are the most challenging requirements of any gambling business. Swifty has successfully overcome these challenges in just over a year and the company is now fully operating in its first jurisdiction and is in a perfect position to roll out into other territories.  Swifty will operate a dual attack strategy where it will either operate its own software in strategic territories where it has its own licenses or has applied for licenses, and it will simultaneously license the technology to other betting companies in other markets where the partner already has the relevant required gambling license but not the ability to have developed their own innovative betting software application.  A further exciting development for Swifty is that the company has obtained seven furthe...