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Perhaps the most informative RNS for a while although full of tech language which i'm still deciphering.
Interesting that Syme has retraced its working (partnership) with Vechain to generate various capital projects from wealth generating tokens. Both Vechain and Syme are keen in their own objectives to incorporate forms of monetization. My observations that Syme is meeting its obligations regarding token testing + minting etc and the involvement of NEO BANKS does give this credence. This may explain why Syme’s increasingly technical RNS are primarily aimed at those engaged within the blockchain/asset sector, not the General Shareholders. If it does meet its (WL or other) objectives Syme won`t be directly involved with IM`s but will provide its platform client's with services and updates. So as external funders take charge of contracts there’s no obligation from Syme to report on IM’s, but perhaps newly signed up fund holders, undoubtedly creating more fodder for the conspirators.
GLA
Https://www.researchandmarkets.com/reports/5766554/tokenization-global-market-report
As already stated plus indicated by numerous token testing over the last 12 months. Heres an explanation.
Tokenization is a process where a company issues digital tokens, which represent ownership or a stake in an underlying asset or project. In this context, "tokenization efforts" refer to the act of creating and issuing these digital tokens.
By partnering with leading companies in digital asset finance, SYME is likely leveraging their expertise and infrastructure to facilitate the tokenization process. This could involve various activities such as token creation, smart contract development, compliance, and marketing to potential investors.
The mention of an agreement with a neo bank (a digital-only bank) further suggests that they are exploring innovative ways to fund businesses, possibly through the issuance and sale of these tokens. The neo bank may be involved in providing banking services, managing transactions, or facilitating investments related to the tokenized assets or projects.
Tokenization can indeed be used as a means of raising capital. By issuing tokens, companies can attract investments and generate funds for various purposes, such as project development, expansion, or funding businesses in their pipeline, as mentioned in the statement.
It's important to note that tokenization and the use of digital assets are relatively new and often subject to regulatory considerations and compliance requirements. Companies venturing into this space typically work closely with financial experts and legal advisors to ensure the process is secure and compliant with applicable laws and regulations.
Quite right Jarv55 , "it's a start" but important to note that the provided RNS does not explicitly mention the VORJ protocol or a white-label platform. It focuses on SYME's partnership with SFE and the Italian neo-banking group to launch the IM Securitization Program.
Apologies Forgot to mention more indications of SYME utilising PeckShield for auditing .
Founded in 2018, PeckShield is a blockchain security company that provides comprehensive security audits (e.g. smart contracts, DeFi, exchange security, wallet security, blockchain security), threat monitoring and prevention, penetration testing and emergency response, etc.
IMO We are at the Grantrole stage. Grantrole (control of contract compliance and asset structure functionality)
A white-label platform utilizing the VORJ protocol aimed at banks and financial institutions, a typical grant role for a bank or finance house can be designed to provide them with administrative and management capabilities while ensuring proper security and compliance measures. Doubt we will get any updates although if signed off there should be an RNS .
Should phe be engaging?
https://www.ccacoalition.org/calls-for-proposals/2024-call-innovative-projects-slcp-emitting-sectors/call-proposals-innovation-projects-waste-sector
Https://www.womblebonddickinson.com/uk/insights/articles-and-briefings/uks-pathway-hydrogen-economy
Testpack3: You’re not on your own with the noted obsession with personal vehicles. More interested with environmental benefits i.e. reduction of Leachate, methane & Co2 emissions from landfill of which plastic is an integral part. Unfortunately, the subject is not as sexy. Interesting that Barkley (GOV) has put on hold WTE Plant plans recently whilst calls for more gas fired Electricity plants. I’ve always been an advocate for PHE pushing itself into the sphere of responsible waste solutions rather than headlining its output whether electricity or Hydrogen. Commercial production of hydrogen is on the move. Waste management strategy appears muddled but creates opportunities for those who offer solutions.
https://www.gov.uk/government/publications/industrial-hydrogen-accelerator-programme-successful-projects/industrial-hydrogen-accelerator-programme-stream-2b-successful-projects
https://www.no2nuclearpower.org.uk/news/hydrogen-5-4-24/
Around 55 million waste tyres are generated in the U.K. every year.
https://www.bbc.co.uk/news/uk-england-humber-68779112
https://www.fluidice.co.uk/news-1
Sets a precedent for Planning permission regarding PHE future applications.
Red H: IMO: I always take numbers of clients as a show of interest only. Potential clients will do due diligence and require detailed data on several fronts. I suspect there were too many unknowns 4 years ago. Further information regarding performance may be released on Full IP status & independent analysis results from its current build in wales.
As regard to storage and transportation solutions this could be as lucrative as hydrogen itself. Liquefied/increased gas density would accelerate interest in the Hydrogen as a store of energy once a standard is agreed.
Anyone got an updated version of the link below. There have been many claims of CCS developments regarding minimizing or elimination of exhaust gases. Main point, have DMG emissions improved since this report was published?
https://wp-powerhouse-2020.s3.eu-west-2.amazonaws.com/media/2021/01/13123317/PHE-150720.pdf
No Problem Luckybob23 its understandable why folk get frustrated. Az's almost a magician, akin to Tommy Cooper although he makes me laugh. Watch your share plummet "Just like that."
I still like the concept of IM engaging block chain but openly wish for a CEO who is committed to overseeing SYME not skipping about between covert external projects.
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Manchester University estimated an improved extraction process of up to 17% on the previous version. IMO: If this is proven, one can only deduce that control systems also have been updated in order to give confidence for a build. MOU`s tend to have a short-term benefit even if backed by investment. From my own experience Patent defense is resource draining especially when seeking application expansion beyond current geographical restraints. H2 appears to in funding mode with no time schedules for projects across Australia, Italy, Switzerland, or Hong Kong. Its highly dependent on external funding which can affect investor confidence and obviously time scales. Proposed site planning and the plethora of quango regulations that follow always take longer than first envisaged. In short when contractual schedules with appropriate funding are announced this will create sustainable long-term value.
How long? Given all goes to plan (excluding wars) I estimate 2-3 years for a realistic return on investment.
For those interested in H2 plus others in the Hub
https://unitedhydrogenlimited.com/
Apologies if previously posted.