Nasdaq GlobeNewswire

Digital Eternity for Netizens

Del

DigitalTown introduces global platform for perpetual digital addresses

SEATTLE, Sept. 29, 2017 (GLOBE NEWSWIRE) -- DigitalTown, Inc. (OTC PINK:DGTW), a leading provider of smart city platform solutions, announced today the launch of permanent digital addresses for Netizens who are legal residents concurrent with the start of the rollout of their Blockchain based Smart City Platform across more than 20,000 of the world's largest cities.

What is a Permanent Digital Address?
A DigitalTown Permanent Digital Address (PDA) is a privately owned "digital you" that is accessible on the Internet forever.  In an era of digital abundance, Netizens -- citizens of the global Internet -- are increasingly challenged with the issue of where to be found online. A Permanent Digital Address from DigitalTown is a one-time registration of a personal domain name, either branded in the identity of the city, e.g. Smith.London, or simply branded in your personal identity e.g. JohnSmith.com. Each Permanent Digital Address has the option of being verified by DigitalTown or other authorized verifiers, in order to provide visitors assurance that they are connecting with the intended person before they message or transact.  In many cases, Permanent Digital Addresses will be provided by a local municipality to their legal residents as part of the transition to a Smart City.

Why a permanent digital address? 
When it comes to phone numbers, most Netizens cut the personal landline cord years ago, assuming they bothered to get one in the first place.  When it comes to digital presence, Netizens may have Facebook, Instagram, LinkedIn, Pinterest and YouTube to name just a few.  When it comes to digital communication, Netizens may have Skype, WhatsApp, GoToMeeting, Viber, Zoom, or other solutions for voice, chat and video conferencing. And when it comes to getting paid, or paying others, digital banking is now 24/7 through not only PayPal but a rapidly expanding array of digital currencies such as Bitcoin and Ethereum. When it comes to managing digital permissions in the emerging era of Internet of Things (IoT), Digital Identity represents a critical component in defining who has access to devices or services. And last but not least, when a Netizen passes away, who decides what happens to the personal digital assets of the Netizen, especially personal photos, documents and videos that may have archival importance?

What can a Netizen do with a permanent digital address?

A verified and secure Digital Address :  A personal digital homepage listing all of a Netizen's digital coordinates.  Each URL is secured by a unique SSL certificate for encryption, and combines the Netizen-verified details for where to find them online or offline.

No more spam emails :  Persons who prefer to not to receive spam message can maintain a list of authorized senders, and even have the option of even charging senders to send them messages. Proceeds are deposited to their SmartWallet upon acknowledging receipt.

Send and receive payment :  With a permanent Digital address, a Netizen can also securely receive payments from others by them simply clicking "Pay" on the Netizen's digital profile. Proceeds are instantly deposited, without fee, to the Netizen's Smart Wallet.

Your Key to the City :  Each digital login is part of a global standard which is live in more than 20,000 cities for use by both the public and private sector.

Rob Monster, CEO of DigitalTown, commenting on the announcement, added "Digital Identity is at the core of the DigitalTown platform. A single login provides secure access to services in the community. In a time of rapid change and an increasingly mobile workforce, the introduction of secure permanent digital addresses is the right idea at the right time.  Consider for a moment the recently displaced persons caused by Hurricanes Harvey, Irma, Jose and Maria, as well as earthquakes in Mexico and volcanic eruptions in Indonesia, just during the last month, and one can quickly appreciate why permanent digital addresses may play an important role. DigitalTown is partnering with private citizens and municipal leaders around the world to make communities more effective in the best of times while also more resilient when disaster strikes."

Your Digital Stake in the Global Future
Earlier this month, DigitalTown announced the launch of Blockchain-based solution for local ownership of the DigitalTown city platform for each city.   The response from city stakeholders and citizens from around the world has been enthusiastic. The first Blockchain token issuance for cities is scheduled for Q4 in Austin.city, Melbourne.city, Nashville.city, Pensacola.city, SanDiego.city, Sydney.city and Smart.London. The global rollout to more than 20,000 cities will follow during 2018 and 2019 in coordination with local stakeholders.  All registered users who are legal residents in any participating city will be eligible to participate by claiming their free coin during the claim period.

As part of the worldwide rollout of the DigitalTown SmartCity platform, DigitalTown is scheduled to exhibit at the International City Managers Association Expo in San Antonio from October 22-25 and the Smart City Expo in Barcelona from November 13-15.  For more information about permanent Digital Addresses, please visit us on the web at DigitalTown.com/forever.

About DigitalTown
DigitalTown, Inc. (DGTW) powers Smart Cities to succeed in the Digital Age. The company provides turn-key hosted solutions to power "Digital Towns," which improve Quality of Life for residents and visitors through Blockchain-based and Cloud-hosted solutions for economic development, civic engagement and digital inclusion for cities around the world. For more information about the company, please visit www.digitaltown.com.

Safe Harbor Language: Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act 1995. Readers are cautioned not to place undue reliance on forward-looking statements. DigitalTown, Inc. undertakes no obligation to update any such statements to reflect actual events.

Media Contact:
Rob Monster, Chief Executive Officer
DigitalTown, Inc.
(425) 295-4564
rob@digitaltown.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: DigitalTown via Globenewswire

Om Nasdaq GlobeNewswire

Nasdaq GlobeNewswire
Nasdaq GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

+1 212 401 8700http://www.nasdaqomx.com

NASDAQ (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.

Følg saker fra Nasdaq GlobeNewswire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Nasdaq GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Nasdaq GlobeNewswire

15th Consecutive Nasdaq Closing Cross Sets Record for Number of Shares Traded During 2018 Russell US Indexes Reconstitution22.6.2018 23:19Pressemelding

NEW YORK, June 22, 2018 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) today announced the Nasdaq Closing Cross had a record day as it was used for the 15th consecutive year to rebalance Nasdaq-listed securities in the entire family of Russell U.S. Indexes, part of leading global index provider FTSE Russell, during their annual reconstitution. A record 1.188 billion shares representing $39.26 billion were executed in the Closing Cross in 0.935 seconds across some 2,591 Nasdaq-listed stocks. This compares to 2017, when Nasdaq executed 972 million shares representing $28.9 billion executed in 0.861 seconds across 2,499 Nasdaq-listed stocks. "Today, we saw a record-breaking performance for the Nasdaq Closing Cross, which benefits issuers and investors alike with transparent and efficient price discovery," said Tom Wittman, Head of Global Equities and Executive Vice President of Global Trading and Market Services at Nasdaq. "The rebalance is an important event to ensure that the Russell U.S. ind

PRESS ALERT & INVITATION: Arbitrade to Hold a Press Conference on June 28th From Bermuda - Its New Global Headquarters22.6.2018 22:29Pressemelding

NEW YORK, June 22, 2018 (GLOBE NEWSWIRE) -- This is an invitation to all media following Arbitrade and/or covering the cryptocurrency markets. You are invited to join Arbitrade's Chairman, Len Schutzman, and management who will discuss their progress toward establishing Arbitrade as a world-class cryptocurrency exchange and coin company. They will also discuss their move and incorporation into Bermuda, one of the world's best regulated jurisdictions and a platform from which Arbitrade will reach out to several international markets. It will be a lively discussion that will also include details of the many economic and social advantages and new jobs that companies, like Arbitrade, will bring to countries in which they settle and do business around the world. Details of how to access the press briefing webcast are as follows: Please register now for the upcoming Arbitrade Conference Call: Date: Wednesday, June 27, 2018 Time: 8:00 a.m. EST We recommend that you connect to the meeting at l

Northland Power's Hai Long Offshore Wind Project Awarded Additional 744 Megawatts in Taiwan Auction22.6.2018 14:15Pressemelding

TORONTO, June 22, 2018 (GLOBE NEWSWIRE) -- Northland Power Inc. ("Northland") (TSX:NPI) today announced that the Taiwan Bureau of Energy ("BOE") has awarded 232 megawatts ("MW") to the Hai Long 2 offshore wind farm ("Hai Long 2") and 512 MW to the Hai Long 3 offshore wind farm ("Hai Long 3") under Taiwan's offshore wind auction program. These awards are separate from and in addition to the 300 MW in 2024 that Hai Long 2 was allocated by the Taiwan BOE on April 30, 2018 under Taiwan's Feed-in-Tariff ("FIT") program. Northland and its partner Yushan Energy Co. Ltd. ("Yushan Energy") own 60% and 40%, respectively, of Hai Long 2 and Hai Long 3. This is another significant step for Northland in Taiwan, with a second and third project progressing to connect to Taiwan's grid in 2025, subject to securing 20-year power purchase agreements. Taken together with the FIT award, the Hai Long 2 and Hai Long 3 offshore wind farms now total 1,044 MW of offshore wind capacity in Taiwan. Northland is bui

Williams Scotsman to Acquire ModSpace22.6.2018 13:09Pressemelding

Creates an industry-leading specialty rental services provider with over $1 billion of combined revenue and over 160,000 rental units across North America Leverages, and further strengthens, Williams Scotsman's scalable operating platform to capture an estimated $60 million of cost synergies Combines the best of both companies' go-to-market strategies, benefiting our customers and accelerating the expansion of Williams Scotsman's turnkey "Ready To Work" solutions across a broader asset base and enhanced branch network Total enterprise value of approximately $1.1 billion represents 6.6x ModSpace's Adjusted EBITDA for the twelve month period ended March 31, 2018, inclusive of forecast cost synergies and the expected value of acquired tax attributes1 ,2 BALTIMORE, June 22, 2018 (GLOBE NEWSWIRE) -- WillScot Corporation (NASDAQ:WSC) ("Williams Scotsman") the leading specialty rental services provider of innovative modular space and portable storage solutions across North America, today anno

Mash named as one of the Fintech 5022.6.2018 12:36Pressemelding

At an event held on Wednesday June 20th at the Silicon Valley Bank in London, UK, Mash was selected from over 1800 companies to the FinTech50 2018 list, joining FinTech giants like N26, Monzo, Raisin and Revolut on the list of Europe’s hottest FinTech companies. James Hickson, Group CEO of Mash commented, “This has been a transformational year for Mash and our momentum continues. The FinTech50 is the Oscars of our industry and as such, the competition for a place was incredibly high - only 14 new companies made it to the list with Mash being selected from over 1800 nominations. To be recognized as one of Europe’s leading Fintech companies is an incredible honor and a reflection of our dedicated team and our go forward ambition to be a major player in Europe. We extend an enormous thank you to the award committee for their support and our team for their incredible efforts” Tommi Lindfors, Chairman and founder of Mash Group, was pleased with the recognition: “The Fintech50 list recognize

GMAC Launches 'Study in China' Initiative in Partnership with 11 Leading Business Schools in China22.6.2018 06:01Pressemelding

BEIJING and HONG KONG, June 22, 2018 (GLOBE NEWSWIRE) -- On June 22, the Graduate Management Admission Council (GMAC) joins hands with 11 leading business schools in China to launch the "Study in China" initiative. This partnership marks the opening of an interactive platform for international students across 20 Belt and Road (B&R) regions to explore opportunities in China and to pursue higher education in business-related fields. The "Study in China" initiative aims to meet rapidly growing international student demand and to champion China as a world-class study destination and emerging global hub for business education. The "Study in China" online portal (www.studyinchinamba.com) officially launched today allows students to discover more about studying and living in China. The newly designed English-language website connects prospective students with partner business schools and offers access to an abundance of information to help find the perfect fit for their China education experi

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom