Entering text into the input field will update the search result below

ZK International: A Blockchain Play For IoT And Supply Chain Management

Pre IPO Swap profile picture
Pre IPO Swap


  • Company ZK International makes pipes, tools, and water devices.
  • They are now building a Blockchain system to focus on supply chain management and the internet of things.
  • Blockchain has many uses but the possibilities for industrial systems are only beginning.

Our thesis is clear - we think this company is undervalued and a buy and hold. It is unfairly undercovered and overlooked due to its location in China. COVID was a seemingly devastating event for China based companies, but many turned it into a positive. ZK International (NASDAQ:ZKIN) has since launched an interesting blockchain project which further adds value to their bottom line. In this article, we are going to dive into these topics and more. First, about the exciting blockchain developments.

Since 2018 ZK International has been working on a research project to build blockchain systems, a project they call xSigma. Recently, they announced a new partnership to further this agenda:

The Company's mission is to spearhead the adoption of decentralized technologies by researching, analyzing, and testing innovative concepts and use cases. By finding new ways to utilize the blockchain, xSigma will look at revolutionizing traditional industries and making financial tools more accessible. The goal is to build a product ecosystem that realizes the true potential of blockchain in promoting open access and financial inclusion world-wide.

There are virtually no large scale competitors in the industrial systems blockchain market, and none of them are publicly traded. ZKIN has an existing business that makes implementing a technology such as blockchain suitable.

What's critical to note is that they are not raising money or doing a 'token raise' - they are spending their profits on a technology built out. This is always a positive sign, as many of the issues surrounding failed blockchain projects usually have to do with fundraising. Cap Raise and Crypto should not be used in the same sentence. Here we have an industrial manufacturing company that is investing in research and development of technology. Imagine some of the possibilities - pay your water bill in Crypto, in a blockchain based billing system tied to sensors that know how

ChartData by YCharts

ChartData by YCharts

This article was written by

Pre IPO Swap profile picture
Pre IPO Swap is a blog that posts content about startups, Private Equity, Pre IPO Unicorns, investing in private markets, and other topics. The blog also features useful tools like lists of updated s1 filings, and other Pre IPO related news. The blog is managed by Crediblock.com a FinTech disruptor. Learn more at www.preiposwap.com

Analyst’s Disclosure: I am/we are long ZKIN. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.