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July 22, 2019 @ 3:57 pm

Using Blockchain Technology for Text Based Payment Systems

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This week on BUSINESS PULSE RADIO we learn all about San Diego based appTech and their unique blockchain and crypto-currency technology for text based payment systems from their CTO Robert Sanchez.  

On today’s episode, Attorney Michael Brette, founder of Small Cap Equity Advisors and author of Raising Capital for Your Business) talks with Robert Sanchez, Chief Technology Officer of AppTech Corp, a publicly-traded Fintech company based in San Diego that provides a wide range of electronic payment processing technology and merchant services. Robert explains the difference between blockchain technology and cryptocurrency and how AppTech used this technology to develop its own unique  mobile payment service. He also explains how “unbanked” industries (such as the cannabis industry) can leverage cryptocurrency and SMS payments and shares his perspective on the future of the standard banking system and it’s limitations in serving many 3rd world and emerging markets. 

 

“Text based payments are a unique vehicle that opens up opportunity to a lot of people.” - Robert Sanchez 

 

This week on Business Pulse Talk Radio: 

  • How businesses and consumers utilize secure mobile payment services
  • Comparing SMS payment services with traditional money wire and transfer services
  • How companies like Western Union and MoneyGram can benefit by offering SMS payment services
  • How “unbanked” industries can leverage cryptocurrency and SMS payment technology to increase revenue
  • The difference between blockchain and cryptocurrency
  • How AppTech utilizes a blockchain-like protocol to protect SMS payments
  • AppTech’s revenue model
  • The company’s plans for uplisting to a larger exchange market
  • Will cryptocurrency and SMS payments replace the standard banking system 

About Robert Sanchez: 

Robert Sanchez is the Chief Technology Officer of AppTech Corp, a publicly-traded Fintech company based in San Diego that provides a wide range of electronic payment processing technology and merchant services. With over 35 years of experience in wireless technology and management, Robert has held executive positions in several global tech companies, including inCode Telecom Group, Qualcomm, and Globalstar. He holds a Master’s in Electrical Engineering with an emphasis on Communications Theory from the University of Southern California and a Bachelor’s in Mathematics from the University of California - San Diego. 

Connect with Robert Sanchez: 

  • AppTech Corp
  • Email: RSanchez@AppTechCorp.com
  • Phone: (760) 707-5959
  • Stock Symbol: APCX

  

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Thanks for tuning into Business Pulse Talk Radio, “The Heartbeat of Business” with your host, Attorney Michael Brette. Connect with Michael on LinkedIn and share your favorite episodes on social media.

 As always, this information is for educational purposes only and should not be considered legal advice. As with all issues surrounding raising money, be sure and consult your own attorney, accountant, and or legal advisor before making any final decisions. 

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