Sept 15th, 2022 New York, Ny USA
The company SMKG highlights it’s Digital Asset Token and Crypto Issuing technology “OriginatorX & Granularchain” which are becoming vastly recognized with FI’s and Enterprises as a Fast-Track to Market for Issuing, Managing Digital Asset Tokenization and Crypto Issuing.
The Emergence and Growth of Cryptocurrencies
While cryptocurrencies were not the first attempt at independent electronic currency, blockchain technology made it possible to conduct immutable transactions, whether with cryptocurrencies or another digital asset. This means that the information exchanged, the transaction, could not be altered or manipulated. As a result, supply can be limited and there is no potential for fraudulent or counterfeit currency to be circulated.
In the years since its inception, cryptocurrency has gained acceptance among the general population. While only 19% of consumers own cryptocurrency, 91% are aware of it. Among crypto owners, only 30% reported making an online purchase with their crypto assets, but perhaps more indicative of crypto’s growth as currency is the fact that 21% used it for in-store purchases.
Source link: Making Sense of the Digital Currency Space (pymnts.com)
Credit Unions See Crypto as Member Investment Conversation Starter
It’s time for credit unions to make sure that they know how to talk to members about crypto, according to a major credit union service organization (CUSO).
This is why PSCU, which supports more than 1,900 financial institutions representing nearly 7 billion transactions annually, is rolling out a major initiative focusing both on educating credit union (CU) staff and helping them educate members in turn.
“Educating members on crypto is a key goal,” Lou Grilli, senior innovation strategist at PSCU, told PYMNTS. “This landscape is evolving so quickly. There’s more interest now than previously, despite this crypto winter that we are in.”
That doesn’t mean all CUs will offer crypto services, Grilli said, noting that’s a decision for each institution to make on its own. But there’s more to it than that, particularly for CUs.
“The relationship that credit unions have with their members is a bond that credit unions tend to capitalize on,” Grilli said. “And rightly so. Credit unions have seen some of their members being scammed by fake websites, falling for phishing scams, succumbing to false ads for a better way to buy bitcoin. And that’s where the need for education … really becomes paramount.”
Source link: Crypto Offers CUs Big Opportunities, Obstacles (pymnts.com)
Massimo Barone the CEO of SMKG stated “there is no doubt that Crypto and Digital Asset Tokens are becoming vastly accepted and the mainstream go to for the New Global Economy of Trade and Commerce. Our portfolio provides Fi’s and Enterprises the complete capabilities and functionality to enter the market and participate with their merchants and treasury clients.
We also bring a vital structure to the management and off and on ramp with Fiat for domestic and cross-border payments.”
About SmartCard Marketing Systems Inc (OTCQB: SMKG):
SmartCard Marketing Systems Inc (OTC: SMKG) is an industry leader in specialized industry 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 and Digital Transformation Strategies with a proprietary portfolio of applications and wireframes for Banking, Enterprises and Retail e-Wallets offering Blockchain Protocols, Crypto Issuing, NFT Minting, Tokenization, Digital ID-e-KYC, Digital Automation Strategies with “License to Own” marketplace applications.
For more info visit www.smartcardmarketingsystems.com
or visit our business applications marketplace at www.Emphasispay.com
We seek a safe harbour.
For additional enquiries connect with:
Dharmesh Vora
President Enterprise Solution
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