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Arias Intel Corp (OTCMKTS:ASNT) Closes 2017 In Attaining Numerous Milestones With Its Know-how

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Arias Intel Corp (OTCMKTS:ASNT) posted its year-end update for last year and significant developments expected ahead for 2018. Kevin Gillespie, the CEO, expressed that 2017 was an important year in the firm’s development. He is delighted to share some of the highlights from 2017 and report the firm has made substantial progress toward monetizing its know-how moving forward in 2018.

The buzz

During 2017, Arias development team evaluated using blockchain technology within its applications. The firm has had preliminary talks with a leader in the cryptocurrency knowhow space about integrating a cryptocurrency incorporating blockchain, smart contracts and an advanced mobile wallet system under single platform for users and subscribers of the firm’s mobile app and gaming portfolio.

The firm considers using blockchain technology solves security and payment concerns, especially for approved cannabis dispensaries executing the firm’s Ufly on-demand delivery application for medical marijuana. The smart contracts and decentralized ledger within the blockchain permit for increased compliance and supply chain authentication, and solves banking issues pertaining the cannabis market. Arias projects this will permit dispensaries to run in a safer setting without handling cash, increase customer satisfaction and expand business.

In August, the firm reported the advancement of its Ufly delivery app. This platform matches an UberEATS-style setup, offering on-demand legal medicinal cannabis delivery to eligible patients. The logistics-based application links an authorized medical cannabis customer to a selection of local medicinal cannabis dispensaries in chosen cities utilizing their smartphone to place and select medical cannabis orders. The firm reported last month that it had entered into a deal with MarijuanaDoctor.com to offer its eligible patients an access to Ufly on-demand delivery application.

In the last trading session, the stock price of Arias jumped more than 11% to close the day at $1.80. The gains came at a share volume of 20,991 compared to average share volume of 6,546.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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