ClearCryptos, the mission-driven company charting a path to crypto optimization, and US Federal Contractor Registration (USFCR), the worldwide leader in assisting companies to efficiently and successfully conduct business with the U.S. government, are excited to announce a partnership that will allow federal government contractors to leverage the distinct and unique technological capabilities of the blockchain.
This groundbreaking partnership spearheads the introduction of blockchain technology to all USFCR’s current and future clients. Facilitating the ability via the blockchain to ensure every contract is effectively implemented and executed, while also tracking and documenting every dollar involved.
Also Read: UPG Enterprises LLC appoints CEO and CFO
“We see this as the future of government contracting, so we are acting now, thinking forward for our clients, positioning them for ultimate success,” said Eric Knellinger, President of US Federal Contractor Registration.
Under the agreement, ClearCryptos becomes USFCR‘s sole blockchain provider, developing a cheaper and faster way to facilitate contractor payouts. The partnership will provide USFCR’s clients the ability to develop smart contracts built on ClearCryptos’ blockchain technology, preparing them for next gen contracting that incorporates treasury-backed digital currency compensation.
“We are looking forward to building our relationship with USFCR to provide ease of use, security and improving several fundamental friction points in the current processes,” said Larry Lundy, CSO of ClearCryptos.
In 2021, the federal government paid out an estimated $575 billion to federal contractors, including a record number of small businesses – many of them USFCR clients.
Knellinger continued, “Government contracting is often a slow, opaque process lacking in transparency and accountability. Today’s announcement, powered by ClearCryptos’ cutting-edge platform, paves the way for the future of government contracting.”
ClearCryptos will continue to roll out additional partnerships with companies and communities that share the same values—integrity, trust, resilience—and seek to safeguard, improve, and expand the cryptocurrency space.
Benefits for ClearCryptos Users and Holders
- Despite market conditions, enterprise solutions will promote growth and sustainability. $CCX is the membership token purchased by these customers to participate in the blockchain solution. This attracts enterprise holders in addition to retail holders. USFCR has represented over 300,000 customers and each of them is a potential enterprise customer and holder of $CCX.
- Laying the groundwork for a new integration of Web 2.0 projects into Web 3.0. $CCX while creating the foundation for large scale Web 2.0 companies to integrate into cryptocurrency, while also solving existing issues in the financial sector. USFCR is a well-respected company that will bring confidence to other enterprise solutions to come forward and want to be a part of the ClearCryptos family.
- Enterprise solutions and retail products that promote sustainability and growth regardless of market circumstances. This is because with every sale a portion of the sale will go toward buying $CCX to introduce the customer to cryptocurrency and establish their membership within the ClearCryptos ecosystem. Overall, this type of partnership will bring in holders annually and as USFCR grows as a company ClearCryptos will grow with them.
SOURCE: PR Newswire