Blockchain
Mr. David Flores Resigns from Board Paving the Way to add New Strategic Members
SAN DIEGO, Jan. 28, 2020 (GLOBE NEWSWIRE) — Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) would like to announce to its valued shareholders that effective January 31, 2020, Mr. David A. Flores will be stepping down from his role as the Company’s Chief Operating Officer and interim Chief Financial Officer. This move comes as part of the Company’s ongoing reorganization with the intent to promote diversification and new venture opportunities for its long-term profitability objectives. Mr. Flores’s resignation from Global Payout also extends to his role as Executive Vice President of the Company’s wholly-owned subsidiary, MTrac Tech Corporation and his current seat as a GOHE Board Member.
Mr. Flores joined the Global Payout executive team in June 2018 following the Company’s reverse triangular merger with MoneyTrac Technology. Since then, he has been instrumental in guiding the Company through the successful completion of its two-year audit, in addition to playing a key leadership role alongside CEO, Vanessa Luna in the internal restructuring of the Company and effective launch of the MTrac brand.
“I am eternally appreciative of the hard work, determination and sacrifice Mr. Flores has demonstrated over the last year and a half with Global Payout,” said Global Payout CEO, Vanessa Luna. “His diligence and intellect were instrumental in working effectively with our accountants and auditors to successfully complete our two-year audit despite the significant challenges and frustrations that were encountered throughout its process. The positive impact on our company can be traced back to before he and I took control of Global Payout in June of 2018 and to the foundation he helped to develop for MoneyTrac Technology, which was the precursor to the success we have achieved with MTrac Tech. While his presence on our team will be missed, I am appreciative of the job he did to develop an incredibly stable foundational structure for the company and one that I am excited to continue building and expanding from.”
“I will be forever grateful of the incredible opportunity I have had to help reshape and restructure the core of this company,” said David Flores. “Opportunities such as the one I have had here with Global Payout are few and far between in one’s career. Much of my focus over the last year and a half has been directed towards the effective rehabilitation of the company’s internal structure with the intent to position it for long-term success and profitability. The two-year audit has unquestionably been one of the largest obstacles this company has had to clear in order to get itself on a path to profitability and with that obstacle finally in our rearview mirror, I am confident that this is the best moment for me to step aside and allow the vision of Ms. Luna to take lead. I do, however, intend to continue to lend my knowledge and expertise to Ms. Luna and the company from time-to-time and when it is called upon. Global Payout in my opinion, is ready to position itself for far greater business ventures, potential mergers and acquisitions, and prestigious new business partners. The newly available board seat will be offered to strategic partners that can help the Company move to the next level.”
In closing, David Flores stated, “I would like to personally thank all of the valued shareholders for your ongoing support and assure you I will be supporting alongside you as a shareholder and believer in the Global Payout team.” About Global Payout, Inc. (OTC Pink:GOHE)
Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions. From 2014 to 2017 Global focused on identifying new state of the art technologies in a variety of industry sectors and successfully helped launch MoneyTrac Technology Inc. and other companies within the FinTech space. In 2018, Global completed a reverse triangular merger with MoneyTrac Technology Inc. resulting in Global retaining the wholly owned subsidiary, MTrac Tech Corporation. Global’s current focus is continuing to identify new business opportunities while it reorganizes its future business endeavors.
About MTrac Tech Corp.
MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Global Payout, Inc. MTrac is a software technology, sales and marketing, and business development company focused on “high risk” and “high cost” industries. The Company’s flagship product is the MTrac payment platform offering a full-service solution with technology offerings including Payment Platform, Blockchain, Compliance, POS, E-Wallet, Mobile Application and Digital Payment Solutions. We are one network disrupting the status quo. It is MTrac’s creative vision through the use of its innovative technology solution to become the premier service provider offering the “Key to Cashless®.”
Forward-Looking Statements Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are disclosed on the OTC Markets.com website.
Media Contacts:
Global Payout, Inc. MTrac Tech Corp. 
www.globalpayout.com
(702) 790-2511 Ext. 101
[email protected]
www.Mtractech.com
(702) 790-2511 Ext. 101
[email protected]
Blockchain
Blocks & Headlines: Today in Blockchain – April 29, 2025 | Deloitte, TRON DAO, Miden, JPMorgan, Nuvve
The blockchain and cryptocurrency ecosystem is evolving at breakneck speed, with tokenization, Layer 2 innovations, institutional partnerships, and emerging venture plays dominating today’s headlines. In this op-ed–style briefing—April 29, 2025—we unpack five major stories that signal where Web3, DeFi, and NFTs are headed:
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Deloitte’s $4 trillion tokenized real estate forecast
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TRON DAO’s support for emerging talent at Harvard Blockchain Conference
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Miden’s $25 million raise to scale a zero-knowledge blockchain
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JPMorgan and Nacha’s blockchain-enabled ACH validation
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Nuvve’s new subsidiary for cryptocurrency and blockchain ventures
Each section delivers concise news coverage, incisive analysis, and opinion-driven insights into the strategic and technological implications. Throughout, we weave in essential keywords—blockchain, cryptocurrency, Web3, DeFi, NFTs—to ensure SEO optimization and relevance for digital audiences.
1. Deloitte Predicts $4 Trillion Tokenized Real-Estate Market by 2035
Summary:
In a landmark report released April 28, consulting giant Deloitte projects that the tokenized real-estate market could swell to $4 trillion by 2035. The forecast hinges on rapid adoption of security tokens that fractionalize property ownership, enabling global investors to trade real-estate assets 24/7 on blockchain platforms. Deloitte identifies five key enablers: regulatory clarity, standardized token protocols, interoperability layers, institutional-grade custody services, and liquid secondary markets. Adoption drivers include enhanced liquidity, democratized access for retail investors, and lower transaction costs via smart contracts.
Analysis & Opinion:
Tokenization stands at the confluence of DeFi and traditional finance, promising to unlock trillions in illiquid assets. Yet realizing a $4 trillion market requires overcoming persistent hurdles: cross-border regulatory alignment, KYC/AML compliance on decentralized platforms, and robust digital-asset custodianship. Real-estate incumbents should prioritize pilot programs in regulated jurisdictions—such as Switzerland’s FINMA sandbox—to build trust and test token standards like ERC-3643 or the upcoming ISO TC 307 specifications. Meanwhile, DeFi protocols must integrate real-world asset oracles with high-assurance data feeds to prevent valuation discrepancies. As major asset managers—BlackRock, Fidelity—eye tokenization pilots, blockchain platforms offering modular compliance and seamless fiat on-ramps will emerge as market leaders.
Source: Bitcoin.com News
2. TRON DAO Empowers Emerging Talent at Harvard Blockchain Conference 2025
Summary:
TRON DAO reaffirmed its commitment to education and Web3 innovation by sponsoring the Harvard Blockchain Conference 2025 on April 26–27. The foundation underwrote travel grants, speaker honoraria, and hackathon prizes to support students and researchers exploring DeFi, NFT interoperability, and decentralized governance. TRON representatives—including CTO Michael Kong—led deep-dive sessions on TRON’s latest EVM-compatible upgrades, zero-fee transactions, and cross-chain bridges powered by the Sun Network. Award winners gained access to the TRON Accelerator program, offering mentorship, developer grants, and potential seed funding.
Analysis & Opinion:
Educational sponsorship is a strategic play for protocols seeking long-term developer mindshare. By investing in Harvard’s brightest, TRON DAO not only promotes its Layer 1 ecosystem but also fosters innovations that could address TRON’s scalability, security, and decentralization trade-offs. However, high-profile academically oriented conferences risk echo-chamber effects unless participation spans beyond marquee institutions. TRON would benefit from parallel outreach to Historically Black Colleges and Universities (HBCUs) and community colleges to diversify its developer pipeline. In the battle for EVM-compatible supremacy, protocols that nurture broad, inclusive communities will secure resilience and real-world network effects.
Source: Bitcoin.com News
3. Miden Raises $25 Million to Scale a ZK Blockchain Post-Polygon Spin-out
Summary:
Miden, the zero-knowledge (ZK) proof–based Layer 2 protocol spun out of Polygon in late 2024, has secured a $25 million Series A led by a16z Crypto and Electric Capital. The round also saw participation from Placeholder, Pantera, and Circle Ventures. Miden’s core innovation lies in its bespoke STARK-based prover that enables trustless off-chain transaction batching and on-chain proof verification. Unlike SNARK-focused rollups, Miden eschews trusted setups and prioritizes transparency while targeting throughputs of 4,000+ TPS. The funds will scale Miden’s developer ecosystem, strengthen its modular data availability layer, and accelerate mainnet launch slated for Q4 2025.
Analysis & Opinion:
The ZK-rollup wars are intensifying as projects differentiate on security assumptions, throughput, and developer experience. Miden’s STARK-centric architecture addresses growing community concerns over SNARK trusted setups and prover centralization. However, achieving 4,000 TPS in production demands optimizations at both protocol and EVM-compatibility layers. Miden must also articulate clear interoperability roadmaps with Ethereum, Cosmos, and the OP Stack to attract DApp teams wary of liquidity fragmentation. The $25 million war chest affords aggressive grant programs and bug bounties—critical to securing audit-hardened code—but community trust will hinge on transparent security reports and gradual mainnet roll-out through incentivized testnets.
Source: Cointelegraph
4. JPMorgan Partners with Nacha for Blockchain-Backed ACH Account Validation
Summary:
In a first for the traditional banking sector, JPMorgan Chase announced on April 27 a strategic alliance with Nacha, the U.S. ACH network operator, to pilot a blockchain-enabled account validation service. Utilizing a private permissioned ledger based on Hyperledger Fabric, the initiative aims to streamline ACH origination by verifying account ownership in real time, thereby reducing failed transactions and fraud. Pilot participants—including fintechs, regional banks, and corporate treasuries—can request instant validation tokens on ledgers, with JPMorgan acting as the initial node operator and Nacha providing rule governance. The project targets a 50% reduction in ACH settlement delays and a projected $300 million annual saving in transaction costs.
Analysis & Opinion:
Legacy payment rails face mounting pressure from DeFi protocols offering near-instant, low-fee transfers. JPMorgan’s move to integrate blockchain into ACH validation is a pre-emptive strike to modernize the Automated Clearing House network from within. Success will depend on achieving network effects—convincing enough U.S. financial institutions to run nodes and accept blockchain-issued trust tokens. Clear regulatory guidance from the Federal Reserve and CFPB on ledger governance will be essential. Should this pilot prove scalable, it could catalyze broader on-chain rails for corporate payments, payroll, and supply-chain finance, bridging Web2 and Web3 infrastructures.
Source: Ledger Insights
5. Nuvve Launches New Subsidiary to Capitalize on Cryptocurrency and Blockchain Opportunities
Summary:
Electric-vehicle charging network operator Nuvve has formed Nuvve Blockchain Ventures—a dedicated subsidiary focused on integrating cryptocurrency, distributed-energy resources (DERs), and tokenization into grid services. Announced April 28 via Business Wire, the new entity will explore utility partnerships for vehicle-to-grid (V2G) settlement in stablecoins, energy-asset tokenization for peer-to-peer trading, and use of NFTs to represent renewable-energy credits (RECs). Nuvve Blockchain Ventures has already secured MoUs with three major U.S. utilities and plans a Q3 pilot using a Polygon-based sidechain for meter-to-meter settlement.
Analysis & Opinion:
Nuvve’s leap into blockchain underscores the cross-industry potential of tokenization and DeFi primitives. By transacting energy services in stablecoins, Nuvve can reduce cross-border FX risk for EV fleets and unlock micro-grid autonomy. However, real-world energy markets demand high-availability, low-latency settlement—areas where existing Layer 1s and busy sidechains may falter. The choice of Polygon sidechain offers low fees and Ethereum security but may require roll-up bridges to settle larger energy-credit batches on Ethereum mainnet. Regulatory clarity on energy tokens as securities or commodities will also shape adoption. If Nuvve succeeds, utilities could adopt blockchain for everything from demand-response auctions to carbon-credit trading, accelerating the energy-Web3 nexus.
Source: Business Wire
Key Trends & Takeaways
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Mass Tokenization Looms: Deloitte’s $4 trillion forecast cements tokenized real estate as a flagship use case for security tokens—but success depends on regulatory harmonization and liquid secondary markets.
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Developer & Community Investment: TRON DAO’s Harvard sponsorship—and Miden’s sizable Series A—highlight how ecosystems compete for developer mindshare and project credibility through grants and educational outreach.
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ZK-Rollup Differentiation: The STARK-based approach of Miden contrasts with SNARK-dependent rollups, reflecting a market that prizes transparency and security assumptions in scaling Ethereum.
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Institutional Blockchain Adoption: JPMorgan and Nacha’s ACH pilot exemplifies how incumbent financial networks are cautiously integrating ledger technology to modernize legacy rails.
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Cross-Sector Tokenization: Nuvve’s energy-sector plunge illustrates the growing appetite for tokenized assets—from real estate to renewable credits—signaling Web3’s expansion into critical infrastructure.
Conclusion
Today’s headlines reveal a blockchain industry at full throttle: tokenization is broadening beyond finance into real-world assets; zero-knowledge solutions vie for Layer 2 dominance; consortiums of banks pilot private ledgers; and even EV-charging networks are exploring on-chain settlements. As DeFi, NFTs, and Web3 architectures mature, the winners will be platforms that balance regulatory compliance, technological robustness, and community engagement. Stay tuned to Blocks & Headlines for tomorrow’s deep dive into the innovations redefining decentralized networks.
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