Justin Floyd, Chief Executive Officer, RedCloud Technology, Ltd. (“RedCloud”), sits with New to The Street’s TV Host Jane King. From the Nasdaq MarketSite Studio, Jason explains RedCloud’s business in utilizing technology to enhance the commerce of goods/services worldwide, especially for emerging growth economies. Latin America and Africa, two of the largest emerging markets, need efficiency in global business transactions. Experts believe that by 2025, Africa will have over 2 billion people who need and want all types of goods and services. RedCloud created and deployed an AI-powered Intelligent Open Commerce Platform that allows FMCG (Fast-moving Consumer Goods) an exciting B2B global exchange of goods/services. Large and small brands want to achieve market penetration in these emerging economies, but most small companies don’t have the economic resources to pierce these markets. RedCloud can efficiently and effectively open a trade-commerce route, allowing B2B purchases. The AI platform can provide a useful forecasting tool enabling a business to determine the “Who, What, Where, and Why” of product distributions. As media influences continue to bring product brand awareness globally and product demand grows internationally, businesses must find comprehensive solutions to opening new markets. RedCloud offers a comprehensive platform for underserved global companies that otherwise don’t have access to international markets. The on-screen QR code is available during the show; download or visit RedCloud Technology, Ltd. – https://www.redcloudtechnology.com. The interview will air on Newsmax on August 19, 2023, at 3:30 PM ET, and the FOX Business Network on August 21, 2023, at 10:30 PM PT.
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