sweet crude
1 week ago
Asking .12
Need to see that bid move up, but float so tight this could run multi dimes
They do tokenization of assets on blockchain. Like taking portfolio of real estate, US Treasuries, or gold mines, and then tokenize them so people can buy small ownership stakes in them.
Difference from crypto is these are asset backed, and usually attract big money like funds. SILS gets a couple funds behind them this could go to $1.00 on such tight float.
sweet crude
2 weeks ago
News on Blockchain governance plan
Back to the Newsroom
Silver Scott Retains Next Realm AI to Build Comprehensive Blockchain Governance Framework for RWA Tokenization
Topic:
Company Update
Wednesday, 19 February 2025 10:30 AM
FRANKLIN, NEW JERSEY / ACCESS Newswire / February 19, 2025 / Silver Scott Mines, Inc. (OTC PINK:SILS), a company focused on the tokenization of real-world assets (RWA) for the blockchain, has retained Next Realm AI to advise on building the company's blockchain marketing and compliance framework.
Next Realm AI has begun advising Silver Scott on best practices and business strategy for our private blockchain for the tokenization of Real-World Assets (RWA) in commodities, real estate, and private capital.
The following frameworks are currently being explored for Silver Scott's tokenization blockchain:
Governance Committee
The company will establish an independent Governance Committee of financial executives, regulatory experts, and risk management professionals to oversee and enforce compliance standards.
Regulatory Advisory Board: A panel of former regulatory officials and compliance officers providing ongoing guidance on evolving digital asset regulations and jurisdictional requirements.
Institutional Node Validation: A permissioned network of regulated financial institutions operating validator nodes with transparent voting mechanisms.
Cross-Border Governance Framework: Structured policies addressing multi-jurisdictional requirements and international regulatory standards.
Compliance Infrastructure
Silver Scott will also look to implement a multi-layered compliance infrastructure designed to meet institutional investors' and regulatory bodies' requirements.
Advanced KYC/AML Integration: Identity verification system integrated with major global compliance databases and screening tools.
Real-Time Transaction Monitoring: AI-powered surveillance system detecting suspicious patterns and enforcing regulatory thresholds.
Auditable Smart Contract Framework: Standardized smart contracts with built-in audit trails, compliant with ISDA digital asset standards.
Comprehensive Risk Management: Real-time risk assessment system monitoring market exposure, counterparty risk, and compliance metrics.
Smart Contracts
The company will also explore security at the smart contract level through the ERC-3643 protocol, an open-source smart contract enabling the issuance, management, and transfer of permissioned tokens. Its built-in decentralized identity framework ensures only users meeting pre-defined conditions can become token holders, even on permissionless blockchains.
The transfer of ERC3643 tokens requires both investor rules and offering rules to be fulfilled, ensuring compliance at the smart contract level.
Tom Bustamante, Founder & CEO of Next Realm AI, commented, "As the SEC continues to develop a more positive outlook on digital assets, we believe building compliant frameworks is still essential for attracting institutional investors. Our philosophy is simple: if you're going to do it, then do it right."
"We will advise Silver Scott on establishing an independent oversight committee and implement standard compliance measures, including anti-money laundering controls and transparent smart contracts. Having these elements in place will make it easier to partner with regulated financial institutions, ultimately improving liquidity throughout Silver Scott's blockchain network."
About Silver Scott Mines, Inc
Silver Scott Mines, Inc. (OTC:SILS) is a forward-focused holding company accelerating blockchain integration across traditional asset classes. Specializing in private blockchain solutions for institutional-grade tokenization, the company enables fractional ownership models and cryptographic validation of assets through TrustNFT technology. The company acquisition pipeline will target blockchain-enhanced opportunities in healthcare, cleantech, and digital platforms. www.silverscottdigital.com
LinkedIn: www.linkedin.com/company/silverscott-blockchain/
X: https://x.com/silverscottmine
Forward Looking Statements
This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as expects, believes, anticipates, intends, estimates, seeks and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Silver Scott Mines, are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements.
sweet crude
2 weeks ago
Add gold miners to blockchain
Even if not gold, any sort of miners be it copper, zinc, nickle, lithium will light SILS up with mining sector traders.
Silver Scott $SILS private blockchain to explore tokenization focus across multi-sectors including, but not limited to, real estate, commodities & miners.
Compliance and Governance are key
#blockchain #RWAs #tokenization #governance #liquidity
https://x.com/silverscottmine/status/1890031990386438233
sweet crude
3 weeks ago
Blockchain NEWS OUT
Silver Scott Mines Blockchain Platform to Offer Counterparty Vetting Protocols and Enterprise KYC Frameworks
FRANKLIN, NJ / ACCESS Newswire / February 7, 2025 / Silver Scott Mines, Inc. (Pink Sheets:SILS) today announced it will launch its enterprise-grade private blockchain platform, leveraging Hyperledger Fabric or similar technology to deliver a secure ecosystem for asset tokenization with rigorous KYC/AML checks and permissioned access.
Public blockchains like Bitcoin operate as open networks where anyone can participate anonymously, while private chains like SILS' will restrict access to verified institutions that pass rigorous KYC/AML checks - ensuring compliance and reduced fraud risks.
SILS' proprietary ecosystem token, which remains exclusively within the SILS network, facilitates transactions solely among pre-vetted corporate partners and financial entities, which provides audit-ready transparency through permissioned node governance. This closed-loop system ensures that the SILS token operates within a controlled environment, enhancing security and regulatory compliance for institutional participants.
By leveraging blockchain's tamper-resistant record-keeping capabilities alongside institutional KYC frameworks, SILS will empower trusted counterparties to streamline compliance processes. This integration allows for the creation of reusable digital identities, significantly reducing onboarding costs by 30-50% while ensuring adherence to regulatory compliance and governance oversight requirements.
Sector-Specific Network Chains
Private blockchains are poised to transform institutional asset management, with 83% of enterprises prioritizing permissioned networks for real estate tokenization due to immutable title tracking and automated yield distribution via smart contracts.
In FinTech and healthcare, adoption is accelerating as private chains enable compliant fractionalization of revenue-generating assets (loan portfolios, medical equipment leases) while maintaining GDPR/HIPAA-grade data governance - a critical advantage driving projected 40% CAGR in regulated-sector blockchain deployments through 2027.
These are some of the core areas the company plans to target in 2025.
Assets into Private Blockchain
The company has begun the process of tokenizing assets within its blockchain ecosystem through its recent letter of intent with Aviation Unlimited, which brings decades of aviation expertise to tokenize high-value aircraft via NFTs for fractional ownership.
This acquisition will mark the first in SILS' pipeline of institutional-grade assets targeted for blockchain enablement, prioritizing sectors like aviation where verifiable revenue streams and physical collateral align with compliance-focused fractionalization strategies.
About Silver Scott Mines, Inc
Silver Scott Mines, Inc. (OTC: SILS) is a forward-focused holding company accelerating blockchain integration across traditional asset classes. Specializing in private blockchain solutions for institutional-grade tokenization, the company enables fractional ownership models and cryptographic validation of assets through TrustNFT™ technology. The company acquisition pipeline will target blockchain-enhanced opportunities in healthcare, cleantech, and digital platforms.
Follow on X: https://x.com/silverscottmine
Forward Looking Statements
This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as expects, believes, anticipates, intends, estimates, seeks and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Silver Scott Mines, are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements.
sweet crude
4 weeks ago
SILS private blockchain to trade assets
(NEW YORK)-Ludlow Research initiates coverage on Silver Scott Mines (OTC: SILS) on launch of private blockchain, and entry in the tokenization of assets sector.
Private blockchains built on Hyperledger Fabric offer enhanced scalability, privacy, and governance compared to public blockchains, enabling enterprises to process high volumes of transactions securely while meeting regulatory compliance through features like permissioned access and consensus algorithms.
Public vs Private
In simple terms, SILS blockchain will have a token to execute transactions on the chain, but unlike public blockchains, like Bitcoin, these coins are held only within SILS ecosystem, or trading partners, who have been vetted through KYC to trade with the network.
These networks prioritize efficiency and interoperability with existing systems, making them ideal for B2B applications like supply chain management and financial transactions without the performance limitations or risks of public crypto platforms.
Top private blockchain applications include supply chain tracking (Walmart’s Food Trust), healthcare data management (MediBloc), real estate transactions, and fractional ownership of assets and businesses.
Strategic Considerations
The company operates at the intersection of two macro trends:
Institutional demand for compliant blockchain infrastructure over speculative crypto assets
Global shift toward digitizing real-world assets (RWAs)
Recent valuations of other ‘private blockchain’ projects include ConsenSys reaching a $7 billion valuation, after a $450 million funding round, and Fireblocks, achieving an $8 billion valuation following a $550 million investment.
Other startups like CoinSwitch Kuber and MoonPay also secured multi-billion-dollar valuations, reflecting investor confidence in permissioned blockchain infrastructure tailored for institutional use cases.
Is this to say SILS could justify these types of valuations in the short-term? No, certainly not, but permissioned networks are increasingly attractive to large institutional investment firms, supply chain managers, and healthcare organizations seeking enhanced security, regulatory compliance, and seamless integration with existing systems.
With under 3 million shares in its DTC float, SILS combines scarcity with exposure to a market growing at an 18.8% CAGR.
Unlike public crypto-plays, SILS bridges traditional finance and blockchain innovation, mirroring successes like BlackRock’s BUIDL treasury fund. The company’s focus on regulatory alignment and fractional ownership aligns with a sector poised for 50x growth, making its small public float a potential for major upside returns.
For investors seeking blockchain exposure beyond volatile cryptocurrencies, SILS offers a rare combination of compliance, scalability, and tangible asset-backed value in a hypergrowth vertical.
Invest in technology, not hype.
AveragePenny
3 months ago
$SILS Silver Scott Mines Enters Preliminary Discussion with Vulcankore Technologies
https://www.accesswire.com/949410/silver-scott-mines-enters-preliminary-discussion-with-vulcankore-technologies
VulcanKore Technologies is Developing Waste to Energy Technology
FRANKLIN, NJ / ACCESSWIRE / December 3, 2024 / Silver Scott Mines, Inc. (OTC PINK:SILS) today announced that its division, Silver Scott Clean Technology, has begun initial negotiations with waste to energy innovation leader VulcanKore Technologies.
VulcanKore Technologies is developing both a small scale waste to energy system that can be deployed by restaurants, hotels and homeowners, in addition to large scale community/utility based systems. The system converts common household trash and plastics into electricity, heat and sequestered carbon in the form of Biochar. Future versions of the system will include a yet to be announced next generation battery storage system that can be deployed in times of high need, such as power outages, high peak demand and weather related disasters.
Koz Danekar, CEO and developer of VulcanKore stated, "We turn Trash into Cash. Whether or not you believe in climate change, there is no arguing that the world is producing far more trash than it knows what to do with. Utilizing our technology will dramatically reduce the amount of trash and more importantly plastics that get into the environment. Carbon negative energy production is a byproduct of our design."
Stuart Fine, CEO of Silver Scott Mines and Silver Scott Clean Technology, commented, "When I initially spoke with Koz about his technology all I kept thinking was the Flux Capacitor in Back to the Future. What could be more simple than dumping your trash into a bin and having your electricity, heat and hot water created right there. It has the capacity to reduce the need for landfills, reliance on foreign oil, create soil amendments for improving agriculture, reduce biowaste, I could be here all day listing its uses. The potential is enormous, which is why Silver Scott Clean Technology is getting in early."
AveragePenny
3 months ago
$SILS Silver Scott Mines, Inc. Signs Memorandum of Understanding With MC2, Inc.
https://www.accesswire.com/944437/silver-scott-mines-inc-signs-memorandum-of-understanding-with-mc2-inc
MC2, Inc Will Provide the Backbone for Silver Scott Digital Holdings
FRANKLIN, NJ / ACCESSWIRE / November 19, 2024 / Silver Scott Mines, Inc. (OTC PINK:SILS) a diversifying holding company today announced that it has signed a memorandum of understanding with MC2, Inc.
The MOU will be the basis for a broad-based agreement between the companies to build blockchain focused businesses. At its core, MC2, Inc.'s Crypton Media NFT platform will provide Silver Scott Digital companies with a head start to hit the ground running. MC2, Inc. is ready to migrate its Crypton Media platform to the Mainnet. Silver Scott Digital's TrustNFT.io will utilize the foundation that Crypton Media is built on to build a centralized blockchain NFT platform specifically for authentication purposes.
In addition to utilizing MC2 as a platform basis, Silver Scott Digital has spoken with a top-level development team to complete the necessary changes to launch TrustNFT.io. This project will take time to be fully completed, but Silver Scott Digital has reduced its overall development time significantly with this initial agreement.
Doug Williams, CEO of MC2, Inc. stated, "I have worked with Stuart Fine for many years. He has provided guidance and advice that has gotten me to the point where we will be launching our own platform very soon. He approached me with the idea of creating two specific blockchain businesses utilizing our platform. I thought it was a terrific way to show its utility and flexibility of the Crypton Media Platform. I am looking forward to expanding this relationship over the coming months and years."
Stuart Fine, CEO of Silver Scott Mines, Inc. stated, "Silver Scott Mines, Inc. has an approximately 9% stake in MC2, Inc. Utilizing their platform makes sense both functionally and financially. The overall market for NFTs has increased in scope and utility. With TrustNFT.io we have the opportunity to address problems that have become larger as the sophistication of digital tools allows for increasing criminality in far more efficient ways."
AskMuncher
3 years ago
$SILS SILVER SCOTT MINES ANNOUNCES NEW BOARD MEMBER AND PRESIDENT OF WHOLLY OWNED SUBSIDIARY.
Press Release | 12/20/2021
Championsgate,FLDecember20,2021Silver Scott MinesInc. (OTCPINK:SILS) today announced the appointment of Matthew Cozzolino to the Board of Directors as well as Secretary. In addition, Mr. Cozzolino will serve as President of Cognitive Crypto LLC, a recently launchedwholly ownedsubsidiarythat uses asubscription-basedmodel tomentor and educate memberson crypto trading strategiesthroughitsDr.CryptoProplatform.
After a successful pre-launch in October, 2021, which acted as proof of concept, Cognitive Cryptothen entered intoconsulting agreements to strategically scale the business. The current pool of clients is focused on the Chiropractor community due to ecosystem merging between Cognitive Crypto and Dr. Roger Sahoury. In order to market the Cognitive Crypto products to professionals who are not chiropractors, Cognitive Crypto also came into a consulting agreement with MightyJoe Marketing.
The subsidiary offers trading hands on mentoring in the crypto coin space, focused on busy professionals, with easily understandable, and executable, strategies and training. Members taking advantage range from those who are complete newbies with zero knowledge or crypto experience to those with some intermediate experience. The trading insights are led by Jerremy Newsome, who serves as Educator in Chief.
Wes Holland, Silver Scott CEO, says, Were grateful to have Matt take the reigns as President of Cognitive Crypto. He has long experience in financial-oriented businesses, is a trustworthy thinker, and at multiple times in his career served the Doctors, Lawyers, and other highly intelligent professional clients we intend to focus our efforts on acquiring at Cognitive Crypto. He is well suited to the job of President, and were also happy to welcome him to our board.
Dr.CryptoProofficially pre-launched on October 10th,2021and hasalready onboarded almost 100 new members. An official launch event is expected to take place in Q1 2022 while the company plans to scale their membership efforts.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United Stated Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as expects, believes, anticipates, intends, estimates, seeks and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Silver Scott Mines and Cognitive Crypto, are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. These factors include, but are not limited to the ability to successfully implement the business plans of Silver Scott Mines and Cognitive Crypto.
AskMuncher
3 years ago
$SILS Silver Scott Mines Launches Crypto Currency Education and Research Business
Press Release | 10/25/2021
Championsgate, Florida,October 3, 2021 Silver Scott Mines, Inc. (OTC Pink: SILS) today announced that that through its newly formed, wholly owned subsidiary, Cognitive Crypto, LLC, it has launched a crypto currency education and research business. Cognitive Crypto will use a subscription based model and initially intends to serve as a distributor of existing online crypto currency education and mentoring services.
Silver Scott Mines has entered into a Consulting Agreement with Hekimer Stone, LLC pursuant to which Herkimer Stone has agreed to provide consulting services related to general corporate matter, including, among other things, recruiting and developing a sales team, sourcing blockchain investment opportunities, introducing digital asset investment opportunities and assisting management with enhancing corporate and shareholder value. The Company agreed to issue 50,000,000 shares of its common stock to Herkimer Stone or its designees upon the launch of the Cognitive Crypto business.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United Stated Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as expects, believes, anticipates, intends, estimates, seeks and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Silver Scott Mines and Cognitive Crypto, are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. These factors include, but are not limited to the ability to successfully implement the business plans of Silver Scott Mines and Cognitive Crypto.
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