Description

Taoping Inc. (TAOP) delivers a suite of cloud-powered platforms, resource-sharing utilities, and big data solutions primarily for the Chinese market. Its offerings cater to diverse sectors within the People's Republic of China, including new media, education, residential community management, and the burgeoning elevator Internet of Things (IoT) industry. The company's operations are segmented into three core areas: Cloud-Based Technology, Blockchain Technology, and Traditional Information Technology. Through its cloud-based Software-as-a-Service (SaaS) offerings, Taoping automates the intricate workflow between advertising agencies and their clients. This includes streamlining the creation of new projects, proposal submissions, revisions and approvals, online payment processing, remote advertisement content uploads, and detailed performance tracking and analysis. Furthermore, Taoping engages in project-specific technology ventures and services for public sector entities. It also provides integrated hardware and software solutions, encompassing vital information technology infrastructure, advanced Internet-enabled display technologies, and robust IoT platforms. These comprehensive solutions, along with associated maintenance and support, serve a broad clientele, including governmental organizations, educational institutions, residential property management firms, media companies, transportation providers, healthcare systems, and various private enterprises. In the realm of out-of-home (OOH) advertising, the company operates a digital advertising distribution network powered by cloud-application-terminal and IoT technologies, coupled with a platform for sharing media resources. Its portfolio also includes Taoping Net, an advertising-resources trading service that connects screen owners, advertisers, and consumers, as well as the Taoping App, enabling customers to distribute and manage advertisements directly from their mobile devices. Additionally, Taoping is involved in cryptocurrency mining and offers a range of blockchain-related services. Founded in 1993, the company was initially known as China Information Technology, Inc. before officially adopting the name Taoping Inc. in June 2018. Its corporate headquarters are situated in Causeway Bay, Hong Kong.