Published On: Tue, Jun 18th, 2019

Forbes Adds Karatbars on the Prominent Blockchain List: “10 Blockchain Companies To Watch In 2019”

Harald Seiz New York Stock Exchange

The Karatbars group led by Dr. h.c. Harald Seiz has taken the seventh place in a recent article publicized by American business magazine Forbes as one of the “10 Blockchain Companies To Watch In 2019” in Stuttgart, June 06, 2019. Joresa Bount’s contribution pays close attention to “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.”

“This list showcases ten 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 legal entities,” she adds.

Literally, it describes Karatbars as International GmbH based in Germany, which is the developer of KaratGold Coin and a stable ecosystem of cross-border blockchain solutions that are linked to gold. “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.”

Karatbars CEO and Founder Dr. h.c. Harald Seiz said that they had a great honor to be listed in the Forbes article, which introduced their achievements and innovative products such as the blockchain smartphone Impulse K1 in the vast diversity of the blockchain space. At that time, a lot of people were aware of the advantages of cryptocurrencies and blockchains and were discussing it all over the world. However, cryptocurrencies could not only be considered as investment object but also as a means for revolutionizing workflows and business processes. That was the goal on which Karatbars company and the other nine companies are working.

“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),” asserts Seiz. “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,” McAfee wrote on his Twitter.

Karatbars-Logo

A closer look at Karatbars

Karatbars International GmbH is a blockchain company, based in 2011 by Dr. h.c. Harald Seiz. The main office is located in Stuttgart. 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 traditional currencies – and two cryptocurrencies, the Karatgold Coin and KaratCoinBank Coin. From October 2019 Karatbars will launch the Voice-Over-Blockchain Protocol Smartphone IMpulse K1-Phone, so that it will provide highly secure data transmission using blockchain and end-to-end encryption (E2EE). The company is now the core leader at the market of innovative gold products.  It has more than 600,000 affiliates in more than 120 countries with the annual turnover reaching 100 million euros.