St. Petersburg, FL, Feb. 18, 2014 (GLOBE NEWSWIRE) -- FutureWorld (OTCQB:FWDG), a U.S. Diversified Holding Company formed to capitalize on the burgeoning technology markets globally, announces today that it has initiated a Bitcoin division by acquiring "Bitcoin Labs". Bitcoin Labs, as a division, is to acquire and develop leading technologies for the Cryptocurrencies and Bitcoin industry. The Lab will be acquiring or developing the following products;
1- Next generation Secure Multi-Currency Bitcoin Payment
Processing Platform with ATM
2- Next generation Secure Multi-Currency Merchant Transaction
Platform
3- Next generation Secure "Cold Wallet" for bitcoin storage using
the leading edge security and RF technologies developed by Infrax
Systems
4- Cryptocurrency ETF (Exchange Traded Fund)
We believe that we are on the edge of a universal shift in a global payment system through bitcoin as a cryptocurrency. So far, bitcoin is the only technology that allows seamless global financial transaction providing democratization of the monetary ecosystem crossing all boundaries with subjective economic systems. The recent market penetration and acceptance of this Cryptocurrency is a testament to its future growth and market value. Bitcoin is called "perfect money", "the world's payment method of choice", and "the currency of a $10 trillion dollar global market". Bitcoin is also in the early stages of being integrated into every internet browser, every email and every cellphone. With billions of dollars at stake, we plan to be the dominate player in this ongoing monetary revolution.
We have already sourced technologies for both payment platform and the Cold Wallet and expect to have a working model in the coming weeks. Secure (Cold) Wallet technology will be based on secure technologies developed by associated groups and individual shareholders with patents on their way.
About FutureWorld Energy
FutureWorld Energy, Inc. (Other OTCQB:FWDG), a Delaware corporation, is a U.S. Diversified Energy Holding Company, listed on the Over the Counter exchange, which was formed to capitalize on the burgeoning markets in natural and alternative energy technologies globally. FutureWorld Energy, together with its subsidiaries, focused on the identification, acquisition, development, and commercialization of renewable, alternative energy and burgeoning technologies globally. Through established relationships with universities, research centers and government agencies, we strive to identify technologies on the leading edge of innovation that would contribute immensely to the global energy needs while protecting the future for our children and theirs. To request further information about FutureWorld, please email us at investors@futureworldenergyinc.com or log onto our website at http://www.futureworldenergyinc.com
Safe Harbor
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.