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Tuesday, October 19, 2021
Home News WRIT Media Group Announces Development of Blockchain-Based Payment Systems

WRIT Media Group Announces Development of Blockchain-Based Payment Systems

WRIT Media Group has pleased to announce plans to integrate its Pelecoin Blockchain technology into products and applications that can be used to make it as easy to spend digital currencies, cryptocurrencies and Pelecoin, as it is to spend US Dollars.

Through its acquisition of Pandora Venture Capital, the Company assumed a skilled management team with backgrounds in payments, telecom and digital currency, making them an ideal group for bringing digital currencies and Blockchain-based payment technologies into the real world where they are attached to a debit card or mobile phone payment application.

“Our goal is to create the industry standard for Blockchain-based, secured payments solutions,” said Eric Mitchell, President of WRIT Media Group. “The Company has been in discussions with several market-leading, best-in-class industry players to engage an initial and formative partner that will invest in, and help develop, our Pelecoin technology into a proprietary, transparent, digital payment system that become the market standard.”

WRIT Media Group is a diversified media and software company whose operations include content production and distribution; video game distribution via mobile platforms; and digital currency software development, including trading platforms and Blockchain solutions.

The Company’s portfolio of wholly owned businesses includes:

  • Front Row Networks, a content creation company which produces, acquires and distributes live event programming for worldwide digital broadcast into digitally enabled movie theaters and online streaming;
  • Amiga Games, a software company resurrecting the Amiga brand by publishing retro video games on smartphones, tablets and consoles;
  • Retro Infinity, Inc., a video game distribution portal which publishes video games from Amiga, Atari and other “retro” brands on today’s smartphones, tablets and consoles; and
  • Pandora Venture Capital, a software developer with a focus on digital currency technologies, including; a cryptocurrency trading platform, a new generation of cryptocurrency, and Blockchain technology solutions.
Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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