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Tokenization Gains Momentum With Collaborative Effort By Financial Giants And The European Central Bank Diamond Lake Minerals (OTCPK: DLMI) Stays Ahead Of The Curve

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–News Direct–

By Gerelyn Terzo, Benzinga

The tokenization of financial assets has been a game changer for investors and business owners alike. This technological innovation has paved the way for both individual investors and entrepreneurs to go further than they could before the advent of blockchain.

Tokenization includes a type of fractional ownership in which investors hold a piece of an asset rather than needing to be able to afford the entire cost of a high-priced asset, like a piece of land. As a result, investors share the costs and rewards with other members. Additionally, tokenization represents a tool for businesses to enter the digital age and create new opportunities for stakeholders. In this growing space, companies like Diamond Lake Minerals (OTCPK: DLMI) are at the forefront of innovation and the digital revolution.

Tokenization Overview

While tokenization and cryptocurrencies like Bitcoin are often associated, theyre not synonymous. Bitcoin, the maiden cryptocurrency, is a decentralized digital asset that can be exchanged for payments on a peer-to-peer network without the need for a third party like a bank. Bitcoin is the digital currency underpinning the blockchain that bears its name.

While tokenized assets similarly transact on the blockchain, they serve a different purpose than Bitcoin. Theyre representations of physical assets including anything from real estate to gold to fiat money like the dollar or euro that are converted into digital form. Tokenized assets are disrupting financial services across securities settlements, investments and payments.

As big as Bitcoin is, with a market cap of $1.3 trillion, tokenization has the potential to be 100 times bigger, according to Larry Fink, CEO of the worlds biggest asset manager, BlackRock.

Banks Embrace Tokenized Assets

While major financial institutions were slow to warm up to the idea of digital assets and the blockchain, theyre starting to come around. Theyre drawn to the features of a decentralized ledger, including cost efficiency, speedy transaction settlement times and security, thanks to the immutable nature of the blockchain. In hindsight, it was only a matter of time before they came on board. In addition to Wall Street banks, central banks have taken notice, too.

Most recently, a trio of major firms, JPMorgan (NYSE: JPM), Deutsche Bank (NYSE: DB) and BNP Paribas, have partnered with the European Central Bank (ECB) to test the mettle of blockchain technology for settling security transactions in the financial markets. This groundbreaking experiment not only has the potential to disrupt securities settlement when assets like stocks and bonds are traded, but it could also help bring clarity to the role of digital assets in the global financial system.

The bank project remains in the early stages and is expected to unfold through Q4 2024. In the meantime, it sends a message to other banks and central banks that it wont be long before blockchain technology is more fully integrated into the financial markets. Payments arent too far behind, either.

Mastercard (NYSE: MA) has been making strides in tokenizing fiat payments on the blockchain. The card giant, along with partner Standard Chartered in Hong Kong, completed an experiment for tokenized bank deposits on the blockchain using the Mastercard Multitoken Network (MTN), which comprises a set of tools designed to support this process.

As part of the test program, Standard Chartereds digital arm, Mox Bank, purchased a carbon credit, in turn requesting its tokenization by yet another subsidiary, Libeara. The tokenization of the carbon credit was fulfilled through MTN via an atomic swap between the two instruments, the carbon credit and digital asset.

The deposit, which was overseen by the Hong Kong Fintech Supervisory Sandbox, was successfully completed. It is a step toward the tokenization of real-world assets, according to Standard Chartered CEO Mary Huen, ranging from carbon credits to the transfer of loans.

The involvement of the Hong Kong regulator demonstrates both the need for oversight in the tokenization of the monetary system and the role that gatekeepers will play.

Diamond Lake Minerals Pioneers Tokenization

While banks and card networks might only now be dipping their toes into the tokenized waters, companies like Diamond Lake Minerals (OTCMKTS: DLMI) are already making strides. Diamond Lake Minerals has been extremely focused on tokenization since August of 2023, when Brian J. Esposito took over as CEO and transformed the companys vision and strategy. Esposito has been pioneering this approach over the last decade, bridging traditional finance and digital assets.

In Salt Lake City, Utah, Diamond Lake Minerals, led by Esposito, is heavily involved in the regulated digital asset space, bringing opportunities like registered security token offerings to investors. DLMI stock is one way for investors to potentially gain exposure to the blockchain without having to go too far down the rabbit hole on digital wallets and security.

Importantly, the blockchain space remains a nascent playground in which the rules are still being written. Diamond Lake prioritizes the regulatory guardrails that exist, erring on the side of caution so theres no gray area.

We look at everything as a security because we want it to have value. We want it to be backed by real assets and we want it to create a return, said Esposito in a recent podcast.

Most recently, Diamond Lake Minerals has teamed up with modular home developer BOXABL in an alliance through which entire communities BOXABL Villages, as theyre called are being developed and financed. Theyre using a combination of security tokens and traditional means, a technology-fueled balance of liquidity that the company believes is especially valuable in the current high-interest rate environment. This confluence of modular homes and digitalization accelerates the homebuying process while providing much-needed affordable housing supply to the market.

Investors who are looking to add diversification to their portfolios or business owners interested in pursuing tokenization for their real-world assets may want to look at Diamond Lake Minerals to see if it matches their goals and risk-reward profile.

Featured photo by HoAnneLo on Pixabay.

Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.

This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.

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Crypto Crime Investigations Issues Urgent Advice: What to Do When a Digital Wallet Is Compromised

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Atlanta, Georgia – In the ever-evolving world of cryptocurrency, the security of digital wallets has become a pressing concern for users globally. As the market expands, so does the prevalence of cybercrime, making it essential for individuals to understand the steps to take if they suspect their cryptocurrency wallet has been compromised. Crypto Crime Investigations, a leading firm specializing in digital asset recovery and cybercrime investigations, is here to provide guidance.

With the rise in the use of cryptocurrencies, incidents of wallet hacking and fraud have surged, often leaving victims feeling 

helpless and uncertain about their next steps. Crypto Crime Investigations emphasizes that immediate action is crucial in mitigating losses and increasing the chances of recovery.

Immediate Steps to Take:

1. Stay Calm and Assess the Situation: If you notice unauthorized transactions or access to your wallet, take a deep breath. Panicking can lead to hasty decisions.

2. Secure Your Remaining Assets: If you have not already done so, transfer any remaining funds to a new wallet that is secured with strong passwords, two-factor authentication, and preferably a hardware wallet for added security.

3. Document Everything: Keep a detailed record of all transactions, communications, and any signs of unusual activity. This information will be invaluable during the investigation.

4. Notify Your Wallet Provider: Contact your wallet provider immediately. Many reputable services have protocols in place to assist users in the event of a security breach.

5. Report the Incident: File a report with the appropriate authorities. This may include local law enforcement and agencies specializing in cybercrime. Crypto Crime Investigations can assist with this process, providing expertise in navigating legal and regulatory frameworks.

6. Engage with Crypto Crime Investigations: Our team of experienced professionals specializes in tracing stolen assets and conducting thorough investigations. We utilize advanced forensic tools and collaborate with law enforcement to help recover lost funds and bring cybercriminals to justice.

7. Educate Yourself: Understanding the risks and security measures associated with cryptocurrency can prevent future incidents. Participate in workshops and follow updates from trusted sources within the crypto community.

Prevention is Key

The best strategy against crypto crime is prevention. Crypto Crime Investigations advocates for implementing robust security practices, such as using hardware wallets, enabling two-factor authentication, and regularly updating passwords.

As the landscape of digital currencies continues to grow, so does the importance of vigilance and education within the community. Crypto Crime Investigations remains committed to supporting individuals and businesses in safeguarding their digital assets.

For more information on how to protect yourself and your assets, or if you need assistance following a security breach, please visit our website at http://www.cryptocrimeinvestigations.com or contact us directly info@cryptocrimeinvestigataion.com .

About Crypto Crime Investigations

Crypto Crime Investigation is a premier agency dedicated to combating cybercrime within the cryptocurrency space. Our team of experts is passionate about helping victims recover lost assets and educating the public on best practices for securing digital wallets. We leverage cutting-edge technology and extensive industry experience to navigate the complexities of crypto-related investigations.

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Organization: Crypto Crime Investigations

Contact Person: Daniel Johnson   Public Relations Manager

Website: http://www.cryptocrimeinvestigations.com/

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Country: United States

Release Id: 26102419047

The post Crypto Crime Investigations Issues Urgent Advice: What to Do When a Digital Wallet Is Compromised appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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St. Paul’s PACE Hosts Workshops and Tours at 2024 National PACE Association Conference

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San Diego, Calif. (October 25, 2024)– St. Paul’s PACE – Program of All-Inclusive Care for the Elderly –attended the 2024 National PACE Association (NPA) Annual Conference hosted at the Manchester Grand Hyatt San Diego. The dynamic four-day event provided St. Paul’s PACE leadership an opportunity to network with PACE programs from across the country and gather insights to enhance their services.

“The relationships we form and the tools we gain here will directly impact our approach to care moving forward,” said Shravan Mupparapu, Vice President of PACE Services at St. Paul’s PACE. “By collaborating with other PACE programs and learning from their experiences, we can create new pathways for innovation that shape the future of St. Paul’s PACE.”

St. Paul’s PACE leadership team at 2024 NPA Conference

This year’s conference placed an emphasis on behavioral health for PACE staff and participants. Other focus areas included quality improvement strategies, nursing practices, and effective intake techniques, which were explored through several educational sessions. Dr. Jacob Paulsen, Behavioral Health Program Manager for St. Paul’s PACE, hosted a workshop on behavioral health, discussing the need for innovative care strategies that address the unique challenges participants are facing.

Dr. Jacob Paulsen, Behavioral Health Program Manager for St. Paul’s PACE, hosts a workshop on behavioral health strategies.

“The traditional spectrum of care often falls short for our participants,” said Dr. Paulsen. “As experts in this field, we need to be creative in our approaches and deliver flexible, individualized care, especially when treating participants struggling with substance abuse and psychotic disorders.”

Leaders from visiting PACE programs gather for a tour of PACE Akaloa in Chula Vista

Throughout the conference, St. Paul’s staff hosted tours of their Chula Vista center, PACE Akaloa, for over 180 health professionals visiting from other PACE programs. The tours highlighted Akaloa’s unique approach to serving the diverse needs of its participants, the majority of whom are Spanish-speaking.

St. Paul’s involvement in this year’s NPA conference demonstrated its ongoing commitment to fostering collaboration and prioritizing innovation in senior care. By leveraging the knowledge gained, St. Paul’s PACE aims to deliver even higher-quality care to its participants.

St. Paul’s PACE supports seniors so they can continue to live independently at home by providing personalized medical services, social services, transportation, and home care. Seniors who are over 55 years years old with chronic medical conditions that make it difficult to live at home may qualify for services. For more information on St. Paul’s PACE, visit StPaulsPACE.org or call 1(833) PACE NOW. Press contact:  Nicole Antonacci, St. Paul’s Senior Services Communications Specialist, 619-239-6900

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Organization: St. Paul’s PACE

Contact Person: Nicole Antonacci

Website: https://www.stpaulspace.org

Email: Send Email

Contact Number: +16195517400

Address: 1306 Broadway

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State: CA

Country: United States

Release Id: 26102419033

The post St. Paul’s PACE Hosts Workshops and Tours at 2024 National PACE Association Conference appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Advisor Wechat Capital Spirit of Discovery

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Advisor Wechat Capital (AWC), a pioneer in digital asset management, is redefining the future of finance by integrating cutting-edge technologies into its investment strategies. Positioned at the forefront of digital finance, AWC recognizes the transformative power of digital assets and blockchain technologies, positioning itself as a key player in an increasingly digital world. As part of its commitment to future growth, AWC is embarking on an extensive global expansion, aiming to grow its investment portfolio, recruit top talent worldwide, and forge partnerships with leading enterprises and academic institutions.

Advisor Wechat Capital (AWC), a pioneer in digital asset management, is redefining the future of finance by integrating cutting-edge technologies into its investment strategies. Positioned at the forefront of digital finance, AWC recognizes the transformative power of digital assets and blockchain technologies, positioning itself as a key player in an increasingly digital world. As part of its commitment to future growth, AWC is embarking on an extensive global expansion, aiming to grow its investment portfolio, recruit top talent worldwide, and forge partnerships with leading enterprises and academic institutions.

The Global Surge of Digital Assets

In recent years, digital assets have surged in popularity and value, no longer confined to niche circles but widely recognized across mainstream finance. Cryptocurrencies, non-fungible tokens (NFTs), and blockchain innovations are now integral to investment strategies and financial growth. Advisor Wechat Capital has not only embraced this evolution but has positioned itself as a leader in integrating digital assets into conventional portfolios. By offering access to these emerging assets, AWC enables investors to diversify while capturing the benefits of this growing sector.

Integrating Blockchain for Enhanced Security and Transparency

Blockchain technology serves as the foundation for many of today’s digital assets, and AWC is leveraging it to provide secure, transparent, and efficient financial services. By incorporating blockchain into its operational infrastructure, AWC achieves a new level of transaction transparency and security, significantly reducing risks compared to traditional finance models. AWC’s commitment to adopting blockchain solutions demonstrates a proactive approach to safeguarding investments while delivering top-tier service. Its blockchain-driven offerings allow investors to benefit from high security, transparency, and reduced transaction costs.

Expanding Investments and Partnerships Worldwide

AWC’s expansion strategy is designed to meet the growing global demand for digital assets and blockchain-backed services. As part of this strategy, AWC is significantly increasing its international footprint, reaching new markets and forging alliances with established enterprises and top universities. By partnering with innovative companies and educational institutions, AWC not only fosters innovation but also ensures a steady pipeline of qualified professionals who are adept in blockchain and digital finance. This collaborative approach underscores AWC’s mission to bring the benefits of digital asset management to a global audience.

Through these partnerships, AWC intends to:

  • Strengthen Innovation: Collaborating with enterprises to co-develop blockchain applications and asset management solutions.
  • Support Talent Development: Partnering with universities to offer internships, research opportunities, and specialized training programs in blockchain and digital finance.
  • Promote Thought Leadership: Hosting seminars, conferences, and webinars to advance the knowledge and application of digital assets and emerging financial technologies.

Investing in Talent: A Global Initiative

AWC’s success relies on the expertise and forward-thinking approach of its team, and it is committed to recruiting the best talent worldwide. This recruitment drive focuses on individuals with diverse skill sets in blockchain, financial analysis, digital asset management, and data science. AWC values innovation, dedication, and adaptability, and its hiring strategy aims to foster a work culture that attracts and retains top professionals in the industry.

The talent initiative includes:

  • Global Recruitment: Sourcing skilled professionals from around the world to strengthen AWC’s global presence and bring diverse perspectives to the team.
  • Ongoing Training: Offering continuous learning opportunities, certifications, and specialized training programs that keep employees at the forefront of the industry.
  • Collaborative Learning: Partnering with universities for mentorship programs and hands-on training, helping students and recent graduates develop skills directly relevant to careers in digital finance.

Educating Investors: AWC’s Commitment to Client Empowerment

AWC recognizes that while digital assets present exciting new opportunities, they can be complex for those more accustomed to traditional investments. To address this, AWC is deeply committed to investor education. Through its comprehensive programs—including webinars, guides, and individual consultations—AWC ensures that its clients are well-informed and confident in their investment decisions. This commitment to education not only empowers investors but also contributes to the industry’s growth by helping people understand and navigate the digital finance landscape.

Conclusion: AWC’s Vision for the Future of Finance

As the financial world undergoes a digital transformation, Advisor Wechat Capital is leading the way, not just by adopting new technologies but by actively shaping the future of asset management. Through its global expansion, recruitment efforts, and partnerships with enterprises and universities, AWC is creating a sustainable, innovation-driven ecosystem that benefits investors and the digital finance community alike. AWC’s proactive approach, integrating blockchain, digital assets, and a global talent base, positions it as a trailblazer in digital asset management.

For more information on Advisor Wechat Capital and its innovative approach to digital finance, visit advwechat.com.

Media Contact

Organization: Advisor Wechat Capital

Contact Person: Spencer Brown

Website: https://www.advwechat.com/#/

Email: Send Email

Address: 600 17th St, Denver, CO 80202, USA

Country: United States

Release Id: 26102419061

The post Advisor Wechat Capital Spirit of Discovery appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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