Blockchain
WSGF Vaycaychella App to Soon Include Properties Backed by Cryptocurrency
Dallas, Texas–(Newsfile Corp. – May 28, 2021) – World Series of Golf, Inc. (OTC Pink: WSGF) (“WSGF”) today previewed plans for the introduction of cryptocurrency to finance short-term vacation rental property businesses.
Earlier this week, WSGF announced the launch of its Peer to Peer (P2P), Fintech, Alternative Short-Term Rental Purchase Finance Application (App), called Vaycaychella.
Vaycaychella allows anyone and everyone access to purchasing a short-term rental vacation property that can be listed on Airbnb, VRBO and Booking.com.
The Vaycaychella App lets buyers create a profile to present their own talent and experience in addition to presenting the potential of the property to generate income.
Anyone can register as an investor – individuals or institutions. Registered investors can view details on the prospective short-term vacation rental properties and the individuals behind the vacation rental businesses that will be running the property.
The Vaycaychella App launch will soon include the listing of 10 target new properties in Cuba to restore and make short-term vacation rental properties, expanding Vaycahychella’s pilot program. The plan to finance the restoration of the 10 target properties is to offer a new cryptocurrency where holders of the cryptocurrency will be able to participate in the overall business surrounding the 10 target properties operation to include potential profit sharing.
WSGF acquired Vaycaychella last year and made Vaycaychella its primary business focus. WSGF is in the process of changing its name to reflect the new business focus.
Vaycaychella, prior to being acquired by WSGF, built a pilot alternative finance business for short-term rental vacation properties backing a portfolio of beach rentals in the Caribbean. The pilot Vaycaychella portfolio is valued at approximately $1.2 million.
WSGF’s pilot partner will now offer the 10 target properties in Cuba through the Vaycaychella App and introduce the cryptocurrency to back the development of an entire short-term vacation property rental business surrounding the 10 properties.
WSGF’s pilot partner plans for the 10 target properties to be just the first in a series of similar initiatives with new cryptocurrencies launching to back multiple portfolios of approximately 10 short-term vacation rental properties each. In addition to Cuba, WSGF’s pilot partner is targeting properties in Mexico, Puerto Rico and Turks and Caicos.
To learn more and keep up with the latest updates at Vaycaychella, visit https://www.vaycaychella.com/. At the company website, you will find a blog with frequent industry publications on the short-term rental market in general, as well as entries specific to Vaycaychella.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
WSGF Contact:
William “Bill” Justice
[email protected]
(800) 871-0376
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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