These enhancements include Ready-to-launch Platforms as a Service allowing for Blockchain, Crypto and Digital Assets Tokenization Interoperability with Payment Networks under new regulations:
The CEO OF SMKG Massimo Barone Stated today “The significant changes being forced onto markets by the US SEC is reshaping the Blockchain and Crypto markets in the US and being felt across the Ocean as well. This is not only the "Big Reset but the Big Rethink" in our opinion.
The greatest impact overall that we are witnessing is the impact on Crypto Exchanges that were fundamentail in reach for many SME's. Albeit unfortunate, we believe this will have a positive future impact on delivering direct offerings and improve the delivery of Blockchain and Crypto Tokenomics coupled wih Payments interoperability through our Platforms as a Service for Banks, Telecoms and all the way through onto the SME markets in multiple Continents.
This will also bring ease to the AML side of the business which has been the major barrier for many Banks and Money Service Businesses wanting to participate at large and scale securely.”
SMKG Portfolio Highlights:
Axepay - Cross Border (B2B, B2C, P2P), Baas and Paas
Granularchain – Digital Id and Key Exchange with Tokenized Documents Vault for Multi-tier and Channel trusted exchange platform.
Genorocity – E-commerce Marketplace with Merchant MPOS and Consumer Wallet (multi-payment scheme for PF and TPP combination offerings for Acquirers and Issuers.
OriginatorX / NFTlimitedSeries – Digital Assets Tokenization and Issuance Platform with Auction and Auditing tracing for Blockchain, Crypto and Non-fungible tokens.
Xpay World – Terminal Management System for POS Peripheral Applications Interface and multi-payment utilities
SmartCard Marketing Systems Inc (OTC: SMKG) a boutique Fintech and Paytech Firm offering Commerce Strategies for Ecommerce, Cloud and Mobility with its 22+ Technology Suite of Platforms as a Service designed to cater to Multi-Industry and Multi-tenant Marketplace solutions, recently announced that its Chabot AI and Super Apps platforms provide a digital strategy unlike any other offers because of our extensive Paytech wireframe platforms. This extensive structure includes Cross-border Payments (Payout and Collections) and Xpay World TMS “for Card Payments for Mobile Wallets, E-commerce and Point-of-Sales.”
Industry News That Shares Great Insight into Future of Digital Banking.
Swift is currently exploring the option to utilizing their existing Infrastructure for Tokenized Value Transfer on Blockchain Networks. This option is currently used as an application on Crypto and this will change the future of how money and assets are transferred across borders and the ease and
To understand more about Token and how they are exchanges on blockchains we need to understand the existing application of movement of Crypto currency on the blockchain network. , Tokens can exist on several blockchains at the same time. Today tokenisation is mostly used in crypto currencies and this can be done through:
- Centralised crypto bridges like Ethereum or stablecoin which existing in different crypto networks and exchanges supporting the transfer of the tokens and their by the digital assets.
- Another way of moving these digital assets from one exchange to other exchange is through smart contracts. In this case both sender and receiver agrees to the transaction and execute the exchange by signing the smart contract
SWIFT Chief Innovation Officer Tom Zschach mentioned recently that, “In such a highly fragmented ecosystem, it would simply not be feasible for financial institutions to connect to each and every platform individually. That’s why the SWIFT is working to develop an interoperability model that would enable access to different platforms globally.”
Source link: https://www.pymnts.com/blockchain/2023/swift-testing-use-of-its-infrastructure-for-transfers-over-blockchains/
At SMKG, we have a tech suite that offers an activation for Marketplaces by allowing engagement through FI’s, Enterprises, Merchants and individuals across different regions and territories. This is coupled seamlessly with Loyalty Reward Programs, Wallets, Cards and embedded with Payment tech allowing for many alternative payment schemes to be integrated. We provide white-label SaaS customized platforms to the specifics of our clients requirements. SMKG is well positioned to global markets.
Dharmesh Vora, President of Enterprise at SMKG stated, “The best part for our Tech suite portfolio is that we constantly innovate and do R&D with the newer enhancements into our system. This helps us to be future ready and enables us to lead in the market with innovation.”
About SmartCard Marketing Systems Inc (OTCQB: SMKG):
SmartCard Marketing Systems Inc (OTC: SMKG) is an industry leader in specialized industry Multi-Tenant E-Commerce, Cloud and Mobility applications delivering White-Label solutions to the global PayTech and FinTech markets. SMKG is a boutique technology company, providing Business Intelligence, Commerce Strategies and Digital Transformation with a proprietary portfolio of applications and wireframes for Banking, Enterprises and Retail e-Wallets offering Cross-border Payments, Blockchain Protocols, Crypto Issuing, Chatbot AI, NFT Minting, Tokenization, Digital ID-eKYC, Digital Automation Strategies with option for “License to Own” marketplace applications.
For more info visit https://www.smartcardmarketingsystems.com
or visit our business applications marketplace at https://www.emphasispay.com
SmartCard's common stock is currently listed on the OTCQB under the symbol "SMKG". The shares of common stock covered by the registration statement were previously issued by SmartCard and are being registered to fulfil SmartCard's registration rights obligations to certain stockholders.
The registration statement, while effective, permits resale of the securities covered by the registration statement, subject to the satisfaction by the seller of the securities with the prospectus delivery requirements of the Securities Act of 1933.
The offering of the securities covered by the registration statement may only be made by means of a prospectus. The registration statement and prospectus may be accessed through the U.S. Securities and Exchange Commission's website at www.sec.gov. A copy of the prospectus related to the offering may be obtained from SmartCard Marketing Systems, Inc., 20C Trolley Square,Wilmington, DE 19806, or by calling 844-843-7296.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of the securities in any state or jurisdiction in which the offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
We seek a safe harbor.
For additional enquiries & Enterprise Program connect with:
Dharmesh Vora
President Enterprise Solutions
SmartCard Marketing Systems Inc.
dvora@smartcardmarketingsystems.com
CEO, Massimo Barone
mbarone@smartcardmarketingsystems.com
SmartCard Marketing Systems Inc.
OTC:SMKG Ph: 1-844-843-7296
news@smartcardmarketingsystems.com