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Base Molecular Resonance™ Technologies Receives $1.8 Billion U.S. IP Licensing Valuation in its Security Business Sector

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Report Cites Projections of an Additional $3.5 Billion Upon Global Expansion

STUART, Fla., Oct. 21, 2024 /PRNewswire/ — Base Molecular Resonance™ Technologies (BMRT) announces a $1.8 billion valuation for its IP licensing in the U.S. security market, issued by IP Capital Group (ipCG), a renowned IP firm founded by John Cronin, the former top patent holder at IBM and creator of the IBM “patent factory.” ipCG is an intellectual property (IP) and innovation consulting firm, incorporated in 1998. ipCG has delivered over 2000 successful innovation and IP engagements, including to over 20% of the Fortune 500, across a wide range of industries. ipCG has built a legacy of deep expertise in intellectual property valuation, making it a leader in valuing high-impact technologies.

ipCG estimates the U.S.-only licensing potential of the BMRT patent portfolio in the security vertical to be $1.8B.

ipCG was commissioned to conduct an independent analysis of BMRT’s patent portfolio to assess its licensing potential in the security sector—a market BMRT will soon enter through its wholly-owned subsidiary, BMRT Security Inc. The report delivers a comprehensive evaluation of BMRT’s 17 patent assets, highlighting their considerable potential for generating substantial licensing revenue.

According to the report, “ipCG estimates the U.S.-only licensing potential of the BMRT patent portfolio in the security vertical to be $1.8B.” This valuation underscores the strategic value and market impact BMRT’s technology is expected to bring to the security industry.

BMRT is poised to enter five key component markets: Public Safety & Law Enforcement, Border Security, Shipping & Logistics Security, Public Infrastructure Security, and Corporate & Executive Protection. The report from IP Capital Group describes its analysis as “intentionally conservative,” noting that the valuation focuses solely on the U.S. market despite the considerable global potential for BMRT’s technology.

According to the report, “The international licensing potential of the BMRT patent portfolio in the security vertical is estimated at an additional $3.5B,” bringing the total potential IP licensing valuation to $5.3 billion worldwide. BMRT has already begun to deploy its international patent strategy. Additionally, it’s important to note that licensing represents only one facet of BMRT Security Inc.’s comprehensive business strategy.

Lee Duke, BMRT’s Co-Founder & President, remarked, “Over the past two decades, we have relentlessly pushed the boundaries of quantum physics, resulting in a patented, one-of-a-kind technology designed to prevent school shootings, detect concealed threats, and ultimately transform how we protect our communities. This is not just about advancing technology; it’s about saving lives and making the world a safer place for future generations. This technology represents a pivotal step forward, one where our commitment to safety is no longer just an aspiration but a reality.”

In a recent third-party landmark validation study, announced July 11, 2024, BMR™ technology proved to be 100% accurate, with no false positives or false negatives, in blind and double-blind tests detecting gunpowder, illegal drugs, nuclear elements, and cancer through a non-intrusive, instantaneous scan using its groundbreaking, patented molecular resonance technology. The rigorous study was conducted by the Center for Applied Innovation (CAI) at York St. John University in York, England. As part of the redacted study results, specific tests demonstrated BMR™ technology’s ability to detect certain explosive elements from hundreds of miles away using precise triangulated confirmation.

In an additional release on September 25, 2024, it was announced that the company’s patented technology can detect explosive elements and firearms, like loaded AR-15 rifles, from hundreds of feet away—even through buildings and solid barriers.

“This is just the beginning of what this remarkable technology can achieve,” said Robert “Bo” Short, BMRT Co-Founder & CEO. The possibilities are limitless; from revolutionizing cancer detection in healthcare to dramatically enhancing national security. Our technology has the potential to transform entire industries, whether in precious metal detection, food safety, oil and gas exploration, air quality monitoring, agriculture, and beyond. While we believe BMRT could grow to become one of the world’s largest companies, it’s our technology’s capacity to save millions of lives and alleviate untold pain and suffering that fuels our relentless drive. At its core, this is about creating a safer, healthier, and more sustainable future for all.”

BMRT will soon announce the launch of its wholly-owned subsidiary, BMRT Security Inc., along with an initial $15 million seed round to drive growth and accelerate the deployment of its transformative security solutions. BMRT is actively building strategic partnerships and engaging with potential investors who share their vision of transforming the security landscape. Duke adds, “Together, we aim to ensure that this technology reaches its full potential, safeguarding lives and enhancing safety on a global scale.”

About Base Molecular Resonance™ Technologies (BMRT)
BMRT has discovered a new area of Quantum Physics that utilizes resonant frequencies to detect particle interactions at subatomic levels. This technology, called Base Molecular Resonance™ (BMR™), can detect any compound or biological substance, including every element on the periodic table, and up to 200 cancers and other diseases. With over 20 years of prototyping and testing proving its unmatched detection capabilities, BMR™ has the potential to save millions of lives by pinpointing weapons, explosives, and other physical threats both up close and at great distances, and detecting cancers and other diseases long before they present clinical symptoms. The non-invasive, harmless, and instant scan has broad implications in cancer diagnostics, public safety, law enforcement, security, and military services.

For more information about BMRT and its groundbreaking technology, visit www.BMRT.io

Contact: 
Bryan Adams
info@BMRT.io
800.522.4718 Ext. 1

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SOURCE Base Molecular Resonance Technologies, LLC

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Payroc Partners with Biller Genie to Streamline Accounts Receivable for QuickBooks Merchants

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January 13, 2025

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New Integration with Payroc Gateway Enhances Payment Solutions and Reduces Processing Costs

TINLEY PARK, Ill., Jan. 13, 2025 /PRNewswire-PRWeb/ — Payroc, a leading payments technology company, has announced a strategic partnership with Biller Genie, a cloud-based accounts receivable automation platform, to offer QuickBooks merchants a more streamlined payment experience. This integration with the Payroc Gateway provides an all-in-one invoicing and payment solution, automating the accounts receivable process while delivering cost savings through RewardPay Choice, Payroc’s compliant surcharge program.

This integration with the Payroc Gateway provides an all-in-one invoicing and payment solution, automating the accounts receivable process while delivering cost savings through RewardPay Choice, Payroc’s compliant surcharge program.

Through this partnership, QuickBooks merchants can automate their invoicing and payment collection processes, resulting in enhanced efficiency, reduced manual tasks, and accelerated payment processing. This collaboration not only elevates merchant operations but also empowers Payroc’s sales partners with a comprehensive solution that combines automation with significant cost savings. Together, we are committed to transforming the accounts receivable experience.

“By integrating with Biller Genie, we’re providing a complete accounts receivable solution to our sales partners and their merchants,” said James Derby, EVP of Product Commercialization at Payroc. “This partnership will help merchants automate key processes, save on processing fees, and focus on growing their business.”

The integration provides several advantages for QuickBooks merchants, including automated invoicing, payment reminders, and collections, which reduces manual data entry and saves time. With Payroc’s RewardPay Choice, merchants can further lower their processing fees by passing a portion of the costs to customers through a compliant surcharge program.

“We are excited to partner with Payroc and bring this solution to QuickBooks users,” said Garima Shah, President of Biller Genie. “This integration with the Payroc Gateway allows merchants to automate their accounts receivable process, giving them more time to focus on running their business instead of administrative tasks and get paid faster.”

This partnership supports Payroc’s mission to provide innovative payment solutions while expanding its presence in the U.S. card-not-present (CNP) market. QuickBooks merchants can now utilize Payroc to benefit from lower processing rates, efficient invoicing, and a more streamlined accounts receivable process.

For more information, please visit: https://payroc.com/solutions/gateway/

About Payroc:
Payroc is a leading provider of integrated payment solutions, empowering independent software vendors (ISVs) and businesses worldwide to turn complex payment challenges into revenue-driving opportunities. With vertically tailored solutions that deliver competitive advantages, Payroc enhances customer value and consumer convenience through a consultative, partner-centric approach. Processing over $115 billion annually for more than 190,000 merchants globally, our high-growth platform combines advanced payments technology with unified commerce solutions to support scalability and growth.

Media Contact

Yosselin Nunez, Payroc, 1 (888) 477-4500, yosselin.nunez@payroc.com, https://payroc.com/

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SOURCE Payroc

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LeapXpert Recognized as a Visionary in Inaugural Gartner® Magic Quadrant™ for Digital Communications Governance & Archiving (DCGA)

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January 13, 2025

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NEW YORK, Jan. 13, 2025 /PRNewswire/ — LeapXpert, the responsible business communication pioneer, today announced that it has been recognized as a Visionary in the first Gartner Magic Quadrant for Digital Communications Governance & Archiving (DCGA).

 

LeapXpert’s flagship offering, The LeapXpert Communications Platform, provides an innovative and comprehensive DCGA solution, catering to enterprises seeking robust, scalable communication governance and compliance.

Digital Communications Governance and Archiving solutions (DCGA) are designed to enforce corporate governance and regulatory compliance across a growing number of digital communication tools available to employees.

Dima Gutzeit, Founder & CEO of LeapXpert, shared his thoughts on the recognition:

“We believe being named a Visionary in the Gartner inaugural Magic Quadrant for DCGA validates the innovation and dedication that drive our platform and team. In our eyes, this underscores our commitment to empowering enterprises to maintain governed, compliant, and efficient communication in an increasingly complex digital landscape.”

“We believe this recognition reflects the growing need for organizations to bridge the gap between convenience and governance in digital communication,” added Avi Pardo, Co-founder & CBO. “We feel our platform is at the forefront of solving this challenge, and we are proud to be a trusted partner for Fortune 500 companies and enterprises worldwide.”

This recognition comes shortly after LeapXpert was named one of the fastest-growing tech companies in North America, ranking 14th in New York City on the Deloitte Fast 500 list, and recent recognition at the UC Awards, where it won Best Unified Communications Platform under $250M for 2024.

Download the report here.

Gartner, Magic Quadrant for Digital Communications Governance and Archiving Solutions, Michael Hoeck, Jeffrey Hewitt and Rizvan Hussain, January 8, 2025.

Gartner Disclaimer

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

LeapXpert, the responsible business communication pioneer, provides enterprises with peace of mind through governed, compliant, and secure communication solutions. The LeapXpert Communications Platform enables governed and efficient communication between employees and clients through consumer messaging channels, while boosting productivity and decision-making with Communication Intelligence. The company is headquartered in New York, with offices in London, Tel Aviv, and Asia. Hundreds of enterprise customers, with hundreds of thousands of users in more than 45 countries, depend on LeapXpert daily for Digital Communications Governance & Archiving (DCGA) solutions. For more information, visit www.leapxpert.com.

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Metaverse Wallets Market to Reach $32,310 Million by 2030, Driven by Blockchain and Mobile Wallet Growth | Valuates Reports

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January 13, 2025

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Metaverse Wallets Market is Segmented by Type (Desktop Wallet, Online Wallet, Mobile Wallet, Hardware Wallet, Paper Wallet), by Application (Commercial, Individual).

BANGALORE, India, Jan. 13, 2025 /PRNewswire/ — The Global Metaverse Wallets Market was valued at USD 7697 Million in 2023 and is anticipated to reach USD 32310 Million by 2030, witnessing a CAGR of 22.5% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Metaverse Wallets Market:

The Metaverse Wallets market is set for significant growth, driven by the expanding metaverse ecosystem and the increasing need for secure and efficient digital financial tools. As the metaverse evolves into a fully immersive virtual environment, the integration of advanced technologies such as blockchain, artificial intelligence, and decentralized finance (DeFi) enhances the functionality and appeal of metaverse wallets.

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TRENDS INFLUENCING THE GROWTH OF THE TRENDS INFLUENCING THE GROWTH OF THE METAVERSE WALLETS MARKET :

Mobile wallets are pivotal in driving the growth of the Metaverse Wallets market by providing users with seamless and convenient access to their digital assets within virtual environments. These wallets enable easy transactions, secure storage, and efficient management of cryptocurrencies and non-fungible tokens (NFTs) directly from mobile devices. The widespread adoption of smartphones and the increasing reliance on mobile applications for financial transactions have accelerated the integration of mobile wallets into the metaverse. Additionally, mobile wallets offer user-friendly interfaces and advanced security features, enhancing the overall user experience and fostering trust among users. As the metaverse expands and more users engage in virtual economies, the demand for robust mobile wallet solutions continues to rise, thereby propelling the growth of the Metaverse Wallets market.

Online wallets are instrumental in driving the growth of the Metaverse Wallets market by offering accessible and flexible solutions for managing digital assets within virtual spaces. These wallets operate through web-based platforms, allowing users to access their funds and conduct transactions from any internet-connected device. The convenience of online wallets facilitates real-time transactions, enabling users to participate actively in the metaverse’s dynamic economy. Furthermore, online wallets often integrate with various metaverse platforms, providing interoperability and ease of use across different virtual environments. The scalability and adaptability of online wallets make them suitable for a wide range of users, from casual participants to serious investors. As the metaverse continues to evolve, the reliance on online wallet solutions grows, driving the expansion of the Metaverse Wallets market.

Individuals play a crucial role in driving the growth of the Metaverse Wallets market by being the primary users and adopters of these digital financial tools. As more people engage with the metaverse for social interaction, gaming, and commerce, the need for secure and efficient wallet solutions becomes essential. Individuals seek metaverse wallets to store, manage, and transact their digital assets, including cryptocurrencies, NFTs, and virtual goods. The increasing awareness and understanding of blockchain technology and digital finance among the general population further boost the adoption of metaverse wallets. Additionally, the desire for ownership and control over digital assets motivates individuals to invest in metaverse wallets, fostering a robust user base and driving market growth. The continuous expansion of individual participation in the metaverse underscores the importance of metaverse wallets in facilitating seamless digital interactions and transactions.

Metaverse wallets incorporate advanced encryption techniques and multi-factor authentication to safeguard against unauthorized access and cyber threats. The increasing incidents of digital fraud and theft in virtual environments highlight the need for secure wallet solutions that ensure the integrity and confidentiality of user data. Additionally, privacy features that allow users to control their personal information and transaction history enhance trust and confidence in metaverse wallets. This in turn will drive the Metaverse Wallets market growth.

Integration with blockchain technology is a key factor driving the growth of the Metaverse Wallets market, as it enhances the transparency, security, and efficiency of digital transactions. Blockchain provides a decentralized and immutable ledger that ensures the authenticity and traceability of transactions conducted through metaverse wallets. This integration facilitates seamless peer-to-peer transactions, smart contract execution, and decentralized finance (DeFi) applications within the metaverse. The use of blockchain also reduces the reliance on intermediaries, lowering transaction costs and increasing the speed of asset transfers. Additionally, blockchain’s inherent security features protect against fraud and tampering, making metaverse wallets more reliable and trustworthy.

User experience is a critical factor driving the growth of the Metaverse Wallets market, as it directly impacts user adoption and satisfaction. Metaverse wallets are designed with intuitive interfaces and seamless navigation to ensure that users can easily manage their digital assets and perform transactions within virtual environments. Features such as one-click transfers, customizable dashboards, and real-time notifications enhance the usability and functionality of metaverse wallets.

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METAVERSE WALLETS MARKET SHARE:

North America leads the market, driven by its advanced technological landscape, high adoption rates of blockchain and cryptocurrency technologies, and significant investments in metaverse development by major tech companies.

Europe follows closely, with strong regulatory support, a growing number of blockchain startups, and increasing interest in virtual economies and digital assets.

The Asia-Pacific region is experiencing rapid growth, fueled by the expanding gaming industry, rising smartphone penetration, and substantial investments in metaverse platforms in countries like China, South Korea, and Japan.

Key Companies:

EnjinCoinbaseMath WalletCoinomiTrust WalletConsenSys(Metamask)Alpha Wallet

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

– Metaverse Market

– Development Trends and Application Analysis of the Metaverse

– Metaverse Games Market was estimated to be worth USD 125 Million in 2023 and is forecast to a readjusted size of USD 2016.1 Million by 2030 with a CAGR of 48.5% during the forecast period 2024-2030.

– Metaverse Cybersecurity market was valued at USD 1260 Million in 2023 and is anticipated to reach USD 2832.4 Million by 2030, witnessing a CAGR of 11.3% during the forecast period 2024-2030.

– Metaverse Devices and Accessories Market

– Metaverse Virtual Platform market was valued at USD 1221 Million in 2023 and is anticipated to reach USD 3305.7 Million by 2030, witnessing a CAGR of 15.3% during the forecast period 2024-2030.

– 5G Network for Metaverse Market

– Metaverse in Intelligent Healthcare Market was estimated to be worth USD 1153 Million in 2023 and is forecast to a readjusted size of USD 4798.3 Million by 2030 with a CAGR of 22.6% during the forecast period 2024-2030.

– Agricultural Metaverse Market

– NFTs in Metaverse Market was estimated to be worth USD 242 Million in 2023 and is forecast to a readjusted size of USD 1158.9 Million by 2030 with a CAGR of 25.9% during the forecast period 2024-2030.

– Industrial Metaverse Market was estimated to be worth USD 10250 Million in 2023 and is forecast to a readjusted size of USD 723700 Million by 2030 with a CAGR of 95.4% during the forecast period 2024-2030.

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