The scope and scale of the transformation underway in the technology space, and the implications it has for nearly every other industry and domain of 21st century life, is impossible to overestimate. Everything is changing. And the pandemic is markedly accelerating that change.
Pick an industry at random. Education, shipping, manufacturing, healthcare, media, energy, entertainment, finance. They are all in the eye of the hurricane of technological restructuring. That’s the interesting thing about the tech sector: it isn’t a separate sector; it is the foundation for the next version of every other sector.
If you’re a gamer, particularly if you have experience in strategy games, then you know the difference between “weapons” and “skills”. If you get hold of a new cool weapon, you can do some damage with it. But if you augment your “aim” with any weapon, then your character is suddenly more deadly with everything he picks up.
It’s a crude analogy, but it gets to the point. Tech stocks are running so far ahead of the rest of the market over recent months because they represent “skill augmentation” for every other industry, whereas stocks in other sectors simply represent distribution of a good or service.
One new stock that plays heavily into this theme is BLGI Inc (OTCMKTS:BLGI), an emerging software development player trading on the OTC despite having full and exclusive licensing rights from one of the most impressive private blockchain/AI/cloud technology firms around.
The Oncoming Storm
According to information from the company’s communications and website, BLGI Inc (OTCMKTS:BLGI) is attached through licensing agreements to privately held Chicago-based leading-edge software development firm, Charteris, Mackie, Baillie & Cummins Limited (CMBC). CMBC’s primary focus has been, most centrally, the development of commercial solutions for Asset Management for complex financial transactions.
BLGI is also involved in entertainment, music, film, healthcare data, and other manifestations of its core value proposition.
As noted by the company in its July press release: “BLGI has entered into a Software License Agreement with CMBC for the use of its IP that supports the blockchain based development platform that BLGI will commercialize by developing solutions for a broad range of industries. CMBC has also assigned all the rights and benefits to BLGI of the Software License it granted Benchmark Advisors (Bahamas) Limited, a Broker Dealer and Investment Advisor licensed by the Securities Commission of the Bahamas. In exchange for these two transactions BLGI has issued CMBC 294,109,944 shares of common stock.”
This is particularly interesting because BLGI is working to change everything, and it has the team and skills in place to do it.
According to the company’s website, “BLGI is a data science company focusing on developing solutions across a vast spectrum of industries and institutions. We develop cutting edge technology for our clients utilizing machine learning, cloud computing, and Blockchain integration. At BLGI, we provide our clients with bespoke solutions that utilize our Blockchain and Artificial Intelligence (A.I) expertise to expand their company within an ever-changing virtual environment. We provide technical consultation for our clients to develop a plan of action that incorporates BLGI’s licensed and regulated technologies within their systems. Through the integration of these emerging technologies, we provide our clients with an edge over their competitors and empower them to succeed.”
In other words, the company is pushing ahead with specific commercial operations in a few targeted industries. But it is also open for business as a tailored service provider for other firms looking to boost their resources and systems with machine learning (AI), cloud computing, and Blockchain integration.
The Next Era
As noted above, the path from the past to the future goes through AI, cloud, blockchain, and other technological augmentation, for basically every industry.
But the pandemic has actually accelerated the pace of that shift. It was already active before the health crisis, but the time horizon for obviation of non-augmented operations represented a much longer runway.
Now, with the abrupt redefinition of life on this planet that has come with the outbreak, that runway is at an end, and companies are either going to find solutions to take flight, or they will drop off the end of the runway into the ocean and bubble into the depths. It’s do-or-die time for anyone unable to adapt.
BLGI Inc (OTCMKTS:BLGI) is in prime position to take its place in this larger equation given its relationship with CMBC, and its powerful solutions in the most important leading-edge technologies driving the next era.
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