Taoping stock skyrockets by 25% in pre-market. Taoping Inc is in the bottom half of the Technology sector, and it scored 36 out of 36 points. It has a 19% positive rating in the sector. The stock was worth $3.90 on July 28 then it sank down to $3.20 yesterday on July 29. As of the pre-market session the stock is trading at $4.08. The Taoping market capitalization equals $43.941 million.
Taoping Inc., a provider of blockchain-based smart cloud services, today announced that it has signed a strategic cooperation agreement with Intel ShenzhenStrat Technology Co., Limited. IntelStrat is an enterprise-class blockchain technology company that provides end-to-end solutions for businesses. Its current offerings include storage, data center, and digital transformation services.
Under the terms of the Agreement, IntelStrat and TAOP will establish a data center that will focus on cloud computing, artificial intelligence, and gaming. They will also explore and invest in blockchain startups. With blockchain technology, TAOP aims to provide a secure and connected world for its customers. Through its partnership with IntelStrat, it will be able to provide its customers with the most advanced blockchain-based solutions.