Blockchain
Zam.io Intends to Transfer 1% of the World’s Equity Capital to the DeFi Sector
Tallinn, Estonia–(Newsfile Corp. – September 21, 2021) – Zam.io announces they have developed a unique protocol, zMorgan, that can issue stablecoins secured by clients’ shares. Therefore, every stablecoin issued will have real collateral. Crypto investors, hodlers and the EU administration have started to re-consider stablecoins as a potential means of payment after the stablecoin market cap had surpassed the $125.7 billion mark in September this year.
USDZ and AEDZ stablecoin issuance process
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8325/97158_fae08665d49d8b9b_002full.jpg.
Now imagine that the zMorgan protocol is used by large companies, investment funds and banks. These entities are capable of creating stablecoins backed by stocks, gold or other assets, thereby pouring capital locked in securities and other assets into the cryptocurrency and decentralized finance sector. This will result in the rapid development of the digital finance market and the creation of a new economic environment.
“We’ve estimated the value of the stock market to be approximately $100 trillion. If at least 1% of the blocked capital in public company shares goes to the DeFi sector, the crypto market cap would increase by $1 trillion. What does this mean for cryptocurrency holders? Lightning-fast growth in the price of major cryptocurrencies, record profits, and early adoption of cryptocurrencies as an investment tool,” explains George Gus.
All this can become a reality today!
How the stock market will change in the near future
For a long time, the stock market had remained fairly conservative and closed. The rules and regulations have not been changed for centuries in order to reliably preserve world capital among large corporations. Blockchain and cryptocurrencies will lead to the emergence of a new alternative economic system, transforming the stock markets in the future. This is what we are witnessing nowadays.
“The development of blockchain and cryptocurrencies will somehow change the stock market. We’ve already witnessed the first changes. At the beginning of summer, crypto exchange Binance launched tokenized stock trading, which was a direct challenge to stock exchanges. Trading these assets has now been suspended. Our company, in turn, is enabling the transfer of the stock market’s “dead” capital, which has been locked away in stocks for decades, in the bank accounts of large corporations and investment funds, into decentralized finance,” explains George Gus.
As the expert describes, in the coming years there will be major transformations in the global financial sector. Traditional investors and bankers who dismiss the obvious benefits of cryptocurrencies will be replaced by young, free money holders. At the same time, blockchain technologies will overrun the world of traditional finance and alter money management approaches. Instead of static banks with huge commission fees, neo-banks which support crypto payments will emerge. Instead of unprofitable deposits, staking will take place. Instead of the usual expensive loans, simple loans on DEX could occur. The world is already moving in that direction, and these transformations have consistently proven difficult to impede.
“We understand and clearly recognize that the world is changing and the financial sector is the first to respond to such changes. Therefore, our team has created a unique service that will facilitate and accelerate the transition from a traditional economy to an alternative one. One could say that Zam.io would act as a bridge between CeFi and DeFi,” explained George Gus.
Contact
George Gus
[email protected]
ZamZamTechnology OÜ (registry code 14566685)
Address is Harju maakond, Tallinn, Põhja-Tallinna linnaosa, Randla tn 13-201, 10315
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97158.
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.
Helping Journalists Stay Up to Date on Industry News
These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.
Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:
- Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
- Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
- Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
- Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.
The post This Week in Finance News: 11 Stories You Need to See appeared first on .
Blockchain
Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR
-
Blockchain Press Releases5 days agoNotabene Raises $14.5M in Series B Funding Led by DRW VC to Drive the Future of Stablecoins and Payments
-
Blockchain Press Releases6 days agoMoby, Engages GSR to Enhance Liquidity and OTC Trading for Moby Token
-
Blockchain6 days ago
The First Cold Wallet for Miners: EMCD & Tangem Launching Limited Edition Wallets
-
Blockchain Press Releases4 days agoBybit WSOT 2024 Shatters Records with $100 Billion in Trading Volume, Redefining Crypto Trading Competition
-
Blockchain Press Releases3 days agoVantage Markets Named Leading Broker in Investing.com’s Latest Rankings for 2024 during the US Election Period
-
Blockchain3 days agoMoney Transfer Apps Industry Worth $47.67 Billion by 2029 – Regional Markets Analysis and Profiles of Leading Players PayPal, Western Union Financial Services, Wise Payments, Remitly, WorldRemit, Revolut & More
-
Blockchain7 days agoBybit Web3 and Aptos Kick Off APT Ecosystem Airdrop
-
Blockchain Press Releases6 days agoQCP Trading Receives In-Principle Approval for Major Payment Institution License in Singapore
