SoOum Corp. (OTC Pink: SOUM) is engaged as a physical commodities and international trading company. The company specializes in arbitrage-based transactions and offers web-based trading platform. Shares of the commodities trading company are soaring 344.44%, through early trading on Wednesday, January 10, 2018. Over the past month, SoOum Corp. has seen average daily volume of 1.5 million shares. However, volume of 8.59 million shares or dollar volume of $34,360, has already exchanged hands on the day.
Shares of SoOum Corp. are soaring today, after the company announced that it will begin integrating big data, advanced usability, and updated platform security. The company has partnered with a big data and cybersecurity partner that will help implement the upgrades to the trading platform. The partnership will also assist SoOum Corp. in the design, development, and launch of a proprietary mobile application, which will be secured with remote security and blockchain technology. Here is the full press release detailing of the platform upgrades:
NEW YORK, Jan. 10, 2018 (GLOBE NEWSWIRE) — SoOum Corp (OTCPINK:SOUM), a Physical Commodities International Trading Company offering a web-based trade platform (www.SoOum.com), proudly announces it will begin to integrate big data, along with advanced functionality and user security to its Platform.
SoOum entered into an agreement with an established database management firm known for outstanding customer support, and trusted by thousands of companies from Fortune 500s to small business enterprises. In an effort to broaden the “Trading Platform’s” data driven features which addresses key hold-ups in the system, and utilizes big data management, these improved features should provide a truly advanced, but user friendly experience for each of SOUM’s members.
This agreement partners SoOum with a versatile and creative tech company employing industry leading practices to customize workflows, implement customer relationship management, “Big Data,” cloud technology, and inbound marketing tools; all aiding SoOum’s business expansion through the Company website, bringing SoOum.com further to market as a result.
Through this partnership, SoOum, also built an advanced mobile application, enhancing the overall design of the platform, adding remote security, including blockchain technology. The “Trading Platform’ integrates international banking and currency management, with the possibilities of accepting cryptocurrencies. The Company continues its research on the risks and the possibility of establishing a cryptocurrencies payment platform, as such.
To stay notified of updates on SoOum’s Trade Platform – SoOum.com – the company recommends visiting the following link SoOum.com/landing.html.
About SoOum Corp.
SoOum Corp. is a Physical Commodities, International Trading firm specializing in arbitrage-based transactions of Physical Commodities, as well as offering a web-based International Trading Platform. www.soOum.com
Cautionary Note Regarding Forward-Looking Statements: in this press release regarding the Company’s business which are not historical facts are “ forward-looking statements” that involve some risks and uncertainties. The Company cautions that various factors, including the factors described under the caption forward-looking statements in the Company’s annual report on Form 10-K, could cause actual results to differ materially from the statements contained herein. These factors include the following: business conditions and volatility in the commodities market, and the general economy; competitive factors including compressed gross profit margins; shifts in market demand; product availability; reliance on key customers; fluctuations in foreign currency exchange rates; income tax legislation; and the risk factors listed from time to time in the Company’s reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement.