Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Benefits
1)Automated asset transfers: Macros automatically transfer a specified amount of assets to a designated address at regular intervals.
2) Data monitoring: macros can monitor external data sources. Such as price feeds or inventory etc, and triggers ac-tions based on predetermined conditions, including sending notifications or executing trades.
3)Syme utilising Vortex for Web3 Macros. This means Syme can focus on building their core product and services without
having to worry about the low-level details of interacting with the blockchain.
4)Syme also utilises other technologies in their infrastructure, EG Docker, Kubernetes, and MongoDB, to ensure the reliability, scalability, and security of their system.
It may not be RNS material and more work to be done but at least it demonstrates advancements towards the goal of a functional WL platform.
The list of tokens/Contractual compilations continue to expand. Syme engineers working through BDD testing.
Hopefully validating client requirements through use of optimised software structures.
In short (funders/customers) give them what they want, and they’ll use the platform.
IMO: They should have fired up the Cucumber earlier, SIDEWAYS😊.
https://www.browserstack.com/guide/what-is-bdd-testing.
GLA
Decentralized Autonomous Organization. What’s that got to do with Syme? Answer :Value stability/security. Why are Syme engaged in stringing a variety of tokens within the context of smart contracts.
Is this over kil for just one company WL or are there other linked strategic objectives?
As a follower, like it or not that’s what I’m observing. As the weeks pass complexity increases. Beginning to think Syme is building a Lab for the integration of tokenised/value within Smart Contracts. Call the Doctor……..
Thanks, Tatty: The most informative post of the year. Planned to attend but unable due to horrendous work commitments.
If I may ask, were there any conversations regarding contracts or potential revenue streams regarding Wales.
I would anticipate an increased workflow re Engsolve once Wales is up and running which would give PHE some income along with potential 3rd party research fees.
GLA
The_Paladin
LSE watching EU as we all are...
https://www.coindesk.com/business/2023/08/15/europes-first-spot-bitcoin-etf-lists-in-amsterdam/
imo: it’s a service to the financial sector. all potential im clients are and will be via these financial institutions or alternatives. understand it or not syme is a fintech along with many others driving web3 to provide the structure and stability to enable the trust in that tokenisation leap of faith. the big boys are onboarding which will assist the legitimacy. syme in hindsight entered the sector very early with many including myself now waiting for real progress.
web3/blockchain to the financial sector is akin to the adoption of the web. the geeks pulled that off even though they got slated early on. as for web3 it's a fast train and it isn’t stopping. a new world order enough to frighten the ***s off the political and defense elite. most of us will at some point be engaged without realising it. boom or bust, the answers on the back of a token.
https://www.coindesk.com/consensus-magazine/2023/08/31/the-trillion-dollar-crypto-opportunity-real-world-asset-tokenization/
Peakhope: Not yet. I'm still in due diligence mode. Like SYME most of my bets/investments are waiting on news so not willing to shift presently. Well done you though. Unicorns have a sharp bit so careful when you dismount...
Syme continue building VORJ with regular system interrogation. When ready to launch news will flow. A number promising signs recently but finalisation remain unknown.
3 years ago, admission of delays through complications hinging around standards, regulations and compliance notably SYME’s Achilles heel, inventory (Asset Classification). A common barrier faced by both institutions and Fin-tech as the financial world seeks to leave the manually driven interrogation of risk and legal compliance in favour of Blockchain, Saas + on-premise. IMO it was a big ask for SYME to find solutions alone. Open source is not easy but more bums on seats at very little cost and improved productivity makes sense. A shrewd move for a CEO of a company struggling to conform to the complexities of gaining trust through compliance. Orbit has attracted clients/partners contributing and seeking help from the pool of tech-based knowledge to meet their requirements of not just the financial sector but those aligned. Most crucial, there willing to pay for the privilege. A complimentary service to VORJ and Web3, not in my view competitive. Who knows what future benefits will unfold? I’d rather be linked to pushing tech forward than chasing, hence the interest.
GLA
Marketing/networking. Some indication that someone from SYME is either voting or attending Dever 24-26th Aug.
Some very influential folk Speaking.
https://rareevo.io/
GLA
Archive article regarding PHE, Electron, Linde Engineering Tests. Have I missed feedback/results regarding low or high temp configurations? Same applies to progress from Manchester Uni (gas flow).
https://www.proactiveinvestors.co.uk/companies/news/985999/powerhouse-energy-partner-hui-to-start-testing-plastic-to-hydrogen-converter-985999.html
Apologies if previously debated.
Brics countries collecting Gold reserves over a long period.
Now expanded via applications from Argentina, Egypt, Ethiopia, Iran, the U.A.E. and Saudi Arabia. If they agree to implement a new currency based on Gold reserves to counter Dollar dependence, then Gold spot/Paper Gold (manipulation) is going to get interesting.
Wondered what AZ did on a Tuesday…Suspect he goes all Green on the odd Thursday…
As for AZ or Albert, this commitment is long standing so don’t think there will be any change apart from additional in-come for those engaged.
Strange timing for an IPO . Tech Markets not exactly buoyant or in a speculative cycle. I also wonder how they came to the valuation. Anyone seen any accounts/projections?
Supply@ME technologies S.r.l Open source? NOPE… Regtech “Thank you, I won`t be investing, I’m out”, but may check if any of those gold members invest..
GLA
Interesting development..
https://www.morningstar.co.uk/uk/news/AN_1692703443803459400/compliance-focused-regtech-open-project-eyes-london-listing-on-friday.aspx
Engsolve are purported to have a positive income stream, short of what’s required and given the expense and time scale to build and commission Bridgend. The buyout of Engsolve has added to the necessity along with KRs hints of raising funds. IMO this is to fund the first stage. Full scale dmg is still an unknown due to proof of evidence. What would concern me is if finance came from the other place given the board strength and external income streams.
No Problem PeakHope. Its all a bit manic out there at the moment re DeFi Smart Accounts (DSA). There is a mix of testing various applications hence my reluctance to suggest any change or financial implications from these events even though they don't appear linked to actual tests. Like everyone else I wait until the arrival of confirmation updates from Syme.
GLA
Syme continues to interrogate security + VORJ platform including connections with network Software Engineers @ vechain.
Contrary to popular belief the Syme development rate is impressive. In the usual Syme style, IMO, this VORJ build is turning into a monster.
One hopes that Syme will release the beast at some point in Q4.
https://www.ethnews.com/vets-price-surge-anticipation-vechains-tech-update-unveils-massive-blockchain-innovations/
GLA