The Karatbars group around Dr. h.c. Herald Seiz has been recently included in the article of the prominent American business magazine Forbes as one of “10 Blockchain Companies To Watch In 2019” – Stuttgart, June 06, 2019. Joresa Bount’s article takes a “deeper look at the technologies, founders, and companies that are emerging in the industry (…) The teams of these innovative blockchain startups are global, cutting-edge, and typically include early blockchain adopters as founders.”
Ms. Bount asserts that “This list showcases 10 companies working to make blockchain more accessible, prominent and mainstream. (…) Each offers something unique with the potential to disrupt traditional industries as well as gain support from legitimate entities.”
“Based in Germany, Karatbars International GmbH is the developer of KaratGold Coin and a robust gold-linked ecosystem of cross-border blockchain solutions. Their latest product, the IMpulse K1 Smartphone, is the first phone using Voice Over Blockchain Protocol (VOPB). Currently, KaratGold allows consumers to trade or purchase gold on more than 500,000 acceptance points worldwide. With all of the recent talk about Bitcoin versus gold, this company provides the best of both worlds,” the article says about Karatbars.
“The Forbes contribution and inclusion in such a list is a great honor for us. The article shows the full diversity of the blockchain universe – and we are proud to be listed in this series due to our two crypto-currency innovations, including a link to gold, and the blockchain smartphone IMpulse K1,” shares Karatbars CEO and Founder Dr. h.c. Harald Seiz. “Cryptocurrencies and blockchain are on everyone’s lips. But cryptocurrencies are not only relevant as an investment object, the underlying blockchain can revolutionize all our workflows and business processes – even outside of finance. That’s what we and the other nine companies exposed by Forbes are working on every day,” he says.
“In order to strengthen our marketing activities in this area, we have now entered into a cooperation with the most well-known crypto-influencer, John McAfee. Hardly anyone else covers the market as well – and critically – as he does and so we are pleased about the collaboration on our cryptocurrency KaratGold Coin (KBC),” says Seiz. McAfee’s reaction on his Twitter was: “Warning: I work with this company. However, KBC coin is linked to gold in a way that downside is limited, while the upside is unlimited. ( … ) For me, it is simply a way to protect against the crypto markets’ volatility. I only work for companies I believe in.”
A closer look at Karatbars
Founded in 2011, Karatbars International GmbH is headquartered in Stuttgart but has over 600,000 affiliates in more than 120 countries all around the world. The founder, Dr. h.c. Harald Seiz, who is also the company’s CEO, concerns himself with a variety of products around the real value gold and blockchain solutions. Literally, these are the distribution of small gold bars, cash gold – the substitute of classic currencies – and two cryptocurrencies, the Karatgold Coin and KaratCoinBank Coin. In October 2019 the company is planning to launch the new Voice-Over-Blockchain Protocol Smartphone IMpulse K1-Phone which provides highly secure data transmission via blockchain and end-to-end encryption (E2EE). The company is now the front runner at the market of innovative gold products with its annual turnover reaching 100 million euros.