LZG International Inc (OTCMKTS:LZGI) Stock In Focus After Recent Development
Artificial intelligence company LZG International Inc (OTCMKTS:LZGI) emerged as one of the companies to have come into the news cycle yesterday and it may be a good time for investors to take a look at the development ahead of the beginning of trading today.
Trading Data
On Wednesday, LZGI stock lost 2.99% to $3.2500 with 39.09K shares, compared to volume of 9.55K shares. The stock moved within a range of $3.4000 – 3.5300 after opening trade at $3.4000.
FatBrain Acquires Confidential Computing Platform ZeroTrust to Protect Data Privacy and Accelerate Innovation for Millions of Growth Businesses
The company came into focus yesterday after it announced that it had been successful in the acquisition of intellectual property, software assets and confidential computing solutions assets of the company Zero2A PTE LTD. Zero2A is a software company that is based out of Singapore and the acquisition of these assets could prove to be a major step for LZG International as well.
In this regard, it may be a good idea to take a look at the ZeroTrust Platform from Zero2A. It is a secure platform that allows data collaboration in complete privacy for enterprises in a range of sectors.
Some of the industries in which the platform could be deployed include insurance, pharmaceuticals, mobile, energy, supply chain management, food security, finance and healthcare among others. It allows businesses to get access to actionable data and a range of insights which may only be available from emergent data networks.
Key Quote
“All companies need cloud economics to accelerate innovation, but many get stuck trusting their data to others,” said Peter B. Ritz, co-founder and CEO of FatBrain. “ZeroTrust Platform is a critical enabler for many and small to beat large and heavy,” he added, paraphrasing U.S. Naval College Prof. John Arquilla on modern warfare in Bitskrieg: The New Challenge of Cyberwarfare, Polity Books (2021). “The Platform guarantees trust and fosters cooperative innovation to join the Peer Intelligence network, to harness opportunities while minimizing risks. It’s Kaggle meets WAZE.”
