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SAN JUAN, Puerto Rico, Jan. 17, 2023 /PRNewswire/ — ClearCryptos, the mission-driven firm charting a path to crypto optimization, and US Federal Contractor Registration (USFCR), the worldwide chief in aiding corporations to effectively and efficiently conduct enterprise with the U.S. authorities, are excited to announce a partnership that can enable federal authorities contractors to leverage the distinct and distinctive technological capabilities of the blockchain.
This groundbreaking partnership spearheads the introduction of blockchain know-how to all USFCR’s present and future purchasers. Facilitating the power through the blockchain to make sure each contract is successfully carried out and executed, whereas additionally monitoring and documenting each greenback concerned.
“We see this as the way forward for authorities contracting, so we’re performing now, pondering ahead for our purchasers, positioning them for final success,” mentioned Eric Knellinger, President of US Federal Contractor Registration.
Below the settlement, ClearCryptos turns into USFCR’s sole blockchain supplier, creating a less expensive and sooner technique to facilitate contractor payouts. The partnership will present USFCR’s purchasers the power to develop good contracts constructed on ClearCryptos’ blockchain know-how, getting ready them for subsequent gen contracting that comes with treasury-backed digital forex compensation.
“We’re trying ahead to constructing our relationship with USFCR to supply ease of use, safety and bettering a number of elementary friction factors within the present processes,” mentioned Larry Lundy, CSO of ClearCryptos.
In 2021, the federal authorities paid out an estimated $575 billion to federal contractors, together with a document variety of small companies – lots of them USFCR purchasers.
Knellinger continued, “Authorities contracting is usually a sluggish, opaque course of missing in transparency and accountability. Immediately’s announcement, powered by ClearCryptos’ cutting-edge platform, paves the way in which for the way forward for authorities contracting.”
ClearCryptos will proceed to roll out further partnerships with corporations and communities that share the identical values—integrity, belief, resilience—and search to safeguard, enhance, and broaden the cryptocurrency area.
Advantages for ClearCryptos Customers and Holders
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Regardless of market circumstances, enterprise options will promote development and sustainability. $CCX is the membership token bought by these prospects to take part within the blockchain answer. This attracts enterprise holders along with retail holders. USFCR has represented over 300,000 prospects and every of them is a possible enterprise buyer and holder of $CCX.
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Laying the groundwork for a brand new integration of Internet 2.0 tasks into Internet 3.0. $CCX whereas creating the muse for giant scale Internet 2.0 corporations to combine into cryptocurrency, whereas additionally fixing current points within the monetary sector. USFCR is a well-respected firm that can carry confidence to different enterprise options to come back ahead and need to be part of the ClearCryptos household.
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Enterprise options and retail merchandise that promote sustainability and development no matter market circumstances. It is because with each sale a portion of the sale will go towards shopping for $CCX to introduce the shopper to cryptocurrency and set up their membership inside the ClearCryptos ecosystem. Total, any such partnership will usher in holders yearly and as USFCR grows as an organization ClearCryptos will develop with them.
Eyes on the Future
With this partnership, ClearCryptos is working to combine tons of of 1000’s of small, medium, and large-scaled companies into cryptocurrency, serving to folks additional perceive and develop the significance of cryptocurrency for regular on a regular basis enterprise. This partnership shall be a technique to considerably scale back payout occasions for companies sooner or later with out the friction and limitations of present monetary methods. This blockchain know-how, with lively contract monitoring, the federal government will be capable of hit their small enterprise put aside thresholds, benefiting each the federal government and small companies.
Cryptocurrency Opens Doorways for Smaller- to Medium-sized US Federal Contractors
The U.S. federal authorities awarded contracts valued at $575 billion in 2019, up from about $545 billion in 2018. Of the contracts awarded in 2018, the U.S. Small Enterprise Administration estimates that 25.05% (or an estimated $120.89 billion) went to small companies.
ClearCryptos is hoping to transition a majority of these contracts to cryptocurrency via their platform, lowering the time it takes for contractors to be paid by over 95% for his or her authorities contracts.
That is an thrilling evolutionary step for cryptocurrency normally with crypto tasks beginning to combine with contract-based Internet 3.0 corporations. We stay up for ClearCryptos serving as a serious catalyst to the US financial system and streamlining, defending crypto and fiat cash transactions.
USFCR Background
USFCR (US Federal Contractor Registration) is the world’s largest and most trusted full-service authorities contracting answer supplier. With over 14 years of expertise within the federal market USFCR has accomplished over 200,000 compliant SAM (System for Award Administration) registrations for companies and nonprofits. Along with managing SAM registrations, USFCR provides a proprietary platform, the Superior Procurement Portal, and turn-key whole options equivalent to contract consulting and contract lifecycle administration to take federal contractors from registration to award and past.
ClearCryptos Background
ClearCryptos (CCX), an organization primarily based in San Juan, Puerto Rico, first protocol is a decentralized trade (DEX) with an aggregated answer that can seek for one of the best pathway for the person to swap cryptocurrencies giving the person one of the best charges potential, whereas additionally exhibiting the person alternate choices.
ClearCryptos buying and selling and analytics is predicated on our highly effective SiriusIQ DNA platform, which is designed for safe, dependable, and scalable workflow, AI, analytics, and information automation operations.
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SOURCE ClearCryptos
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