Federal Contractor Registration Partners with ClearCryptos LLC. to accelerate Enterprise Adoption of Web 3.0 and Blockchain

SAN JUAN, Puerto Rico, 17 January 2023 /PRNewswire/ — ClearCryptos, the mission-driven company charting a path to crypto optimization, and US Federal Contractor Registration (USFCR), the worldwide leader in helping companies do business with the US government efficiently and successfully, are pleased to announce a partnership that will enable the federal government to leverage the distinct and unique technological features of blockchain.

This groundbreaking partnership spearheads the introduction of blockchain technology to all of USFCR’s current and future clients. Facilitate the opportunity via the blockchain to ensure that each contract is effectively implemented and executed, while tracking and documenting every penny involved.

“We see this as the future of government contracting, so we are acting now, thinking ahead for our clients, and positioning them for ultimate success,” said Eric Knellinger, president of US Federal Contractor Registration.

Under the deal, ClearCryptos will become USFCR’s sole blockchain provider, developing a cheaper and faster way to facilitate payments from contractors. The partnership will give USFCR’s clients the ability to develop smart contracts built on ClearCryptos’ blockchain technology, preparing them for next-generation contracts that include government-backed digital currency compensation.

“We look forward to building our relationship with USFCR to provide ease of use, security and improve several fundamental friction points in the current processes,” said Larry Lundy, CSO of ClearCryptos.

In 2021, the federal government disbursed 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 that lacks transparency and accountability. Today’s announcement, powered by ClearCryptos’ groundbreaking 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 secure, enhance and expand cryptocurrency room.

Advantages of ClearCryptos Users and holders

• Despite market conditions, business solutions will promote growth and sustainability. $CCX is the membership token purchased by these customers to participate in the blockchain solution. This attracts business owners as well as retail owners. USFCR has represented over 300,000 clients, each of whom is a potential corporate client and holder of $CCX.
• Lays the foundation for a new integration of Web 2.0 projects into Web 3.0. $CCX while creating the foundation for major Web 2.0 companies to integrate into cryptocurrency, while also solving existing problems in the financial sector. USFCR is a well-respected company that will bring confidence to other enterprise solutions to come forward and wants to be part of the ClearCryptos family.
• Business solutions and retail products that promote sustainability and growth regardless of market conditions. This is because with each sale, a portion of the sale will go towards purchasing $CCX to introduce the customer to cryptocurrency and establish their membership within the ClearCryptos ecosystem. Overall, this type of partnership will bring in owners annually, and as USFCR grows as a company, ClearCryptos will grow with them.

Eyes on the future

With this partnership, ClearCryptos is working to integrate hundreds of thousands of small, medium and large businesses into the cryptocurrencyhelp people understand and increase the importance of cryptocurrency for normal everyday business. This partnership will be a way to significantly reduce disbursement times for businesses in the future without the friction and limitations of today’s financial systems. This blockchain technology, with active contract tracking, will allow the government to reach its small businesses set aside thresholds, to the benefit of both the government and small businesses.

Cryptocurrency Opens doors for small to mid-sized US federal contractors

The US federal government awarded contracts worth $575 billion in 2019, up from about $545 billion in 2018. Of the contracts awarded in 2018, the US Small Business Administration estimates that 25.05% (or an estimated $120.89 billion) went to for small businesses.

ClearCryptos hopes to transfer a majority of these contracts to cryptocurrency through their platform, reducing the time it takes contractors to get paid by over 95% for their government contracts.

This is an exciting evolutionary step for cryptocurrency generally with crypto projects that are beginning to integrate with contract Web 3.0 companies. We look forward to ClearCryptos serving as an important catalyst for the US economy and streamlining, protecting crypto and fiat money transactions.

USFCR Background

USFCR (US Federal Contractor Registration) is the world’s largest and most reliable full-service provider of government contracting solutions. With over 14 years of experience in the federal marketplace, USFCR has completed over 200,000 compliant System for Award Management (SAM) registrations for businesses and nonprofits. In addition to managing SAM registrations, USFCR offers a proprietary platform, the Advanced Procurement Portal, and turnkey end-to-end solutions such as contract consulting and contract lifecycle management to take federal contractors from registration to award and beyond.

ClearCrypto’s background

ClearCryptos (CCX), a company based in San Juan, Puerto Rico, first protocol is a decentralized exchange (DEX) with an aggregated solution that will search for the best way for the user to exchange cryptocurrencies and provides the user with the best prices possible, while also shows the user’s alternative options.

ClearCrypto’s trading and analytics is based on our powerful SiriusIQ DNA platform, which is designed for secure, reliable and scalable workflow, AI, analytics and data automation.

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SOURCE ClearCryptos