Blockchain
SCOPSIS and OpSec Security Collaborates with Regie Libanaise to Launch Digital Tax Stamp Program to Combat Illicit Trade and Boost Economic Reforms in Lebanon
Beirut, Lebanon–(Newsfile Corp. – March 15, 2023) – SCOPSIS, a digital transformation company, and OpSec Security have announced the launch of the Digital Tax Stamp program in collaboration with Regie Libanaise to combat illicit trade and promote economic reforms in Lebanon.
SCOPSIS
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8703/158298_20f98c5a6448f987_001full.jpg
Prime Minister Najib Mikati was the guest of honor at the event, and he emphasized the importance of cooperation and reforms to overcome the current challenges facing Lebanon. Mikati said that the success of the Regie serves as an example of how productive and investment sectors can be managed successfully when those in charge respond to the requirements of the markets with the mentality of the private sector. The Prime Minister recognized the combined efforts of the Regie, SCOPSIS, and OpSec Security in launching and implementing the program, which has initially focused on tobacco product authentication and could potentially expand into other public sectors. The program aims to prevent illicit trade and safeguard the state’s financial resources.
The Regie’s Director General, Eng. Nassif Seklaoui, also spoke at the event, welcoming Mikati and Lebanon’s Minister of Industrial Affairs, George Boujikian. Seklaoui further praised the fruitful cooperation with the Minister of Finance, Dr. Youssef Al-Khalil, to portray the keenness of adopting necessary measures to support the Regie’s work. Despite his emphasis on maintaining economic stability, Eng. Nassif Seklaoui played an instrumental role in launching the program as his leadership and expertise enabled the program to meet its initial objectives. His primary focus on innovation in the industry and enhancing aid efforts through the public sector underscores his commitment to driving positive change in this industry and other public sectors.
Furthermore, the collaborative effort between SCOPSIS and OpSec Security has resulted in the successful launch of the Digital Tax Stamp solution. The Digital Tax Stamp solution is poised to prevent the spread of counterfeit products in several sectors. The system incorporates unique identification markings and secure information transfer to protect revenue, comply with WHO FCTC protocols, increase brand equity, and promote market traceability.
With a 360-degree view of product movements in the supply chain, officials can obtain live data insights and combat counterfeit techniques. Ultimately, the Digital Tax Stamp solution aims to legitimize the trade industry, promote transparency, and good governance, demonstrating the commitment of SCOPSIS and OpSec Security to promoting ethical practices in the industry.
Mohamad Ali Ahmad, VP – Government Solutions at SCOPSIS in Beirut, stated that, “The initial phase of this project is a proactive step towards adopting the provisions of the World Health Organization’s Framework Convention on Tobacco Control (WHO FCTC). Besides preventing illicit trade and safeguarding Lebanon’s much-needed revenue, this project will be a shining example for other countries in the region, demonstrating Lebanon’s commitment to reform and progress.”
The event displayed the importance of Lebanon’s pathway to reforms and how the benefits will be able to aid the country. The Digital Tax Stamp solution represents a critical tool in ensuring compliance with international regulations, increasing transparency in the supply chain, and boosting consumer trust. The partnership between SCOPSIS, the Regie, and the OpSec Security demonstrates a commitment to the betterment of Lebanon’s economic prospects and stability.
About Régie Libanaise
Régie Libanaise is the state-owned public organization controlled by the Lebanese Ministry of Finance and mandated to manage tobacco plantations, as well as the manufacturing and transport of all tobacco products sold within the country. The Lebanese Tobacco and Tobacco Reservation Department “RLTT” was established in 1935 and today operates as a public utility under the tutelage of the Ministry of Finance. The Chairman and General Manager of The RLTT is Eng. Nassif Sekloaui. The RLTT’s role is to manage the relationship between growers and manufacturers in the trade of tobacco across various Lebanese regions.
Today, The RLTT is the newest center for the tobacco industry in the Middle East and North Africa, it has achieved the highest quality standards ISO9001. It is also the first public facility to develop a strategy for sustainable development for the next ten years. The RLTT plays an important role on the economic, social, and developmental fronts, as it is considered the fifth source of support for the Lebanese treasury, and its revenues amounted to 550 Billion Lebanese pounds for the year 2019.
About SCOPSIS
SCOPSIS is a leading digital transformation company that strives for innovation in providing the most secure cutting edge-solutions for digital transformation, global identification, traceability, and authentication. Working for both governmental and corporate sectors, SCOPSIS is always striving to introduce new solutions and services with the highest degree of technological excellence for increased security and transparency.
From supply chain control to brand protection strategies, the firm is determined to combat the ever-evolving counterfeit techniques and generate a fully integrated data-centric approach that promotes transparency, brand equity and revenue protection. Being at the forefront of this issue, SCOPSIS has been recognized as regional leaders within the realms of authentication and government strategy planning as numerous governments depend on their solutions to safeguard their products, documentation, and assets against illicit trafficking, fraud, and counterfeiting.
About OpSec Security
OpSec Security is the industry leader in providing uncompromised high-security solutions to governments across the globe to better protect citizens, enforce laws, and enhance revenue.
After decades of leadership in serving government agencies and security specialists, OpSec has earned a reputation as innovators in combining digital solutions with optical and material sciences. With 40 years of experience in implementing high security solutions for government clients, the experts at OpSec guide you through every step of the process with our technical staff, project managers, and engineers offering proven industry expertise. With a network of global partners and agents, we’ve aligned the best experts in the world to build your programs. Our partners often achieve full pay back of initial investment through increased revenue within the first year.
SCOPSIS Contact Details:
Abdulrahman Chams
Marketing Coordinator (Corporate & Governmental Services)
Email: [email protected]
Phone: +961 71 52004
https://www.scopsis.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/158298
Blockchain
From Onboarding to Settlement in Minutes: TransFi Launches BizPay to Redefine Global Business Payments
TransFi
The blockchain universe never sleeps. From pioneering cross-border payment systems in Central America to city-wide crypto strategies in New York City, today’s headlines reveal an industry maturing at breakneck speed. In this edition of Blocks & Headlines, we explore five landmark developments:
-
Guatemala’s Banco Industrial integrates blockchain for seamless cross-border remittances.
-
NYC Mayor’s Office unveils a comprehensive crypto and blockchain roadmap.
-
OSR Holdings, BCM Europe & Taekwondo Cooperative sign an MOU to launch the OSRH token.
-
Bybit’s “Chicken Trader” livestream—crypto meets poultry in the world’s first poultry-powered trading showdown.
-
FIFA taps Avalanche to build a dedicated blockchain for its NFT platform.
These stories underscore three key trends reshaping the ecosystem:
-
Institutional Adoption & Regulation: From national banks to municipal governments, legacy institutions are embracing decentralized technologies.
-
Tokenization & Community Engagement: Strategic partnerships are launching specialized tokens that bridge niche communities with global markets.
-
Innovative Use Cases: Whether gaming, entertainment, or live-stream events, blockchain’s versatility spawns ever-more creative applications.
Join us as we unpack the implications, weigh the opportunities, and forecast where these trajectories might lead.
1. Guatemala’s Largest Bank Integrates Blockchain for Cross-Border Payments
What Happened
Guatemala’s Banco Industrial, the country’s biggest financial institution, announced the deployment of a private‐permissioned blockchain network to streamline remittances from the U.S. into Guatemala City and beyond. The solution reduces settlement times from days to minutes, cuts fees by up to 60 %, and offers real-time traceability for senders and receivers.
Source: Cointelegraph
Analysis & Commentary
-
Financial Inclusion Boost: Remittances account for over 12 % of Guatemala’s GDP. By minimizing friction and cost, blockchain integration will extend financial services to remote communities reliant on diaspora funds.
-
Risk & Compliance: Permissioned networks allow Banco Industrial to retain AML/KYC controls, mitigating concerns around illicit flows. This hybrid approach demonstrates that enterprise blockchain can balance decentralization with regulatory rigor.
-
Regional Ripple Effects: Neighboring Central American banks are watching closely. Should Guatemala’s pilot succeed, we can expect a domino effect across El Salvador, Honduras, and Costa Rica—each seeking to capitalize on faster, cheaper cross-border rails.
Implications
Legacy banks worldwide should view this as a blueprint: private blockchains can coexist with existing compliance frameworks while delivering transformative user benefits. Early movers will capture remittance market share and cultivate fintech partnerships across the Latin American corridor.
2. NYC Mayor Unveils Ambitious Crypto & Blockchain Agenda
What Happened
New York City Mayor Eric Adams detailed his administration’s multi-pronged strategy to make NYC a global crypto hub. Key initiatives include:
-
A regulatory sandbox for crypto startups to pilot DeFi, NFTs, and token-based fundraising under city supervision.
-
Partnerships with CUNY and Columbia University for blockchain research and talent development.
-
Deployment of a blockchain-based public record system for land titles and business registrations.
Source: GovTech
Analysis & Commentary
-
Regulatory Harmony vs. Overreach: By offering a controlled sandbox rather than blanket deregulation, NYC signals a nuanced stance—encouraging innovation without sacrificing consumer protection.
-
Talent Pipeline: Academic partnerships aim to remedy the talent shortage plaguing blockchain firms. Local graduates trained in distributed ledger technologies (DLT) will feed startups, financial institutions, and government agencies.
-
Public Services on Chain: Land registries and business filings on blockchain promise greater transparency and fraud reduction. If scaled effectively, NYC could set a global standard for government-blockchain integration.
Implications
Other major cities—London, Singapore, Dubai—will feel pressure to match NYC’s playbook. Municipal leaders should prioritize sandbox frameworks and academia-industry liaisons to nurture homegrown crypto ecosystems.
3. OSR Holdings, BCM Europe & Taekwondo Cooperative Launch OSRH Token
What Happened
OSR Holdings, BCM Europe, and the Taekwondo Cooperative signed a strategic Memorandum of Understanding to co-develop the OSRH token, a blockchain-based digital asset aimed at supporting global Taekwondo practitioners. Features include:
-
Membership Rewards: Tokens earned through event participation, coaching certifications, and tournament wins.
-
Decentralized Governance: Athletes vote on sponsorship allocations and rule-change proposals via on-chain ballots.
-
Marketplace Integration: A dedicated NFT marketplace for Taekwondo memorabilia, from digital belts to highlight reels.
Source: PR Newswire
Analysis & Commentary
-
Niche Tokenization: OSRH token exemplifies the power of community-focused tokens. By aligning incentives with passion points—training, competition, governance—stakeholders gain ownership and engagement.
-
Governance Innovation: Athlete-driven decision-making on sponsorship and funding disrupts top-down federation models. This could democratize sports governance across disciplines.
-
Commercial Ecosystem: The NFT marketplace offers monetization channels for athletes and federations alike. Strategic royalties on secondary sales ensure sustainable funding.
Implications
Other sports federations and niche communities should explore token models that blend rewards, governance, and commerce. Successful launches will hinge on clear utility, user education, and regulatory compliance in key jurisdictions.
4. Bybit Presents “Chicken Trader”: The World’s First Poultry-Powered Trading Showdown
What Happened
Cryptocurrency exchange Bybit debuted “Chicken Trader,” a live-streamed event where two contestants trade crypto pairs—and manage live chickens—to earn “Egg Points.” Viewers can stake on their favorite trader, earning NFTs and token rewards based on performance.
Source: PR Newswire
Analysis & Commentary
-
Gamification Meets DeFi: Chicken Trader’s fusion of live-stream engagement, staking mechanics, and NFTs exemplifies Web3’s playful ethos—turning trading into interactive entertainment.
-
User Acquisition Strategy: Bybit gamified acquisition funnels, leveraging viral social content to onboard nontraditional crypto audiences intrigued by the novelty factor.
-
Regulatory Tightrope: Combining staking with competition and livestock raises jurisdictional questions around gambling, securities, and animal welfare. Bybit must navigate diverse regulations to scale globally.
Implications
Other exchanges will replicate gamified formats to differentiate UX and grow communities. Yet long-term viability demands balancing flashy live-events with rigorous compliance, sustainable tokenomics, and authentic value for participants.
5. FIFA Taps Avalanche to Power Its NFT Platform
What Happened
Global soccer body FIFA selected the Avalanche blockchain to launch its official NFT marketplace, featuring digital collectibles—from World Cup highlights to player-card packs. Avalanche’s high throughput and low fees were cited as decisive factors.
Source: TradingView (via Cointelegraph)
Analysis & Commentary
-
Scalability & Sustainability: Avalanche’s consensus mechanism delivers sub-second finality and carbon-offset commitments, aligning with FIFA’s environmental pledges.
-
Fan Engagement: Tokenized highlights and limited-edition digital memorabilia expand revenue streams beyond broadcast rights, offering fans verifiable ownership and collectible provenance.
-
Interoperability: Avalanche’s growing DeFi ecosystem enables future integrations—staking fan tokens, launching prediction-market games, or embedding NFT rewards in FIFA’s mobile apps.
Implications
Major sports leagues and entertainment brands eyeing NFT forays will scrutinize Avalanche’s performance under FIFA’s global load. Blockchain platforms must prove they can handle spikes during marquee events—kickoff times, finals, transfer windows—while preserving UX and sustainability goals.
Conclusion
Today’s Blocks & Headlines illustrate blockchain’s multifaceted evolution:
-
Legacy institutions like banks and city governments are unlocking new efficiencies and transparency through private and public DLT networks.
-
Community-driven tokens are redefining governance and monetization in sports and niche domains.
-
Innovative engagement—from poultry-fueled trading spectacles to global soccer NFTs—demonstrates blockchain’s capacity for gamification, fan loyalty, and novel revenue models.
Yet with opportunity comes responsibility: scalable architectures must coexist with robust compliance; token economies require thoughtful design to sustain value; and regulators, academia, and industry must collaborate to craft frameworks that balance innovation with consumer protection.
As blockchain weaves deeper into finance, governance, entertainment, and sports, stakeholders who embrace strategic partnerships, prioritize user education, and invest in resilient infrastructures will lead the charge into Web3’s next frontier.
The post Blocks & Headlines: Today in Blockchain – May 22, 2025 appeared first on News, Events, Advertising Options.
Blockchain
Freeman Quantitative Trading(FQAI) 5.0 Is Coming—Ushering in a New Wave of Intelligent Investing
-
Blockchain7 days ago
Mercurity Fintech’s Subsidiary Grows Cross-Border Business Advisory Services with New Asia-Pacific Healthcare Client Engagement
-
Blockchain7 days agoSaudi Arabia Loan Aggregator Market Report 2025: Retail Digital Payments Hit 70% as Tech Adoption Transforms Saudi Financial Services – Competition, Forecast & Opportunities to 2030
-
Blockchain6 days agoBlocks & Headlines: Today in Blockchain – May 16, 2025
-
Blockchain Press Releases4 days agoCoinW Unveils Industry-First Futures Protection Program：Instant Refunds Designed to Safeguard Traders
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain – May 19, 2025 | DoubleZero, Toobit, Story Protocol, Marco Polo, Argo Blockchain
-
Blockchain Press Releases3 days agoHTX Launches Multi-Assets Collateral Mode for USDT-Margined Futures, Empowering Traders With Enhanced Capital Efficiency
-
Blockchain Press Releases3 days ago
From Web3 to Wall Street: Bybit Becomes the First Crypto Exchange to Offer Direct Global Stock Trading with USDT
-
Blockchain Press Releases3 days agoHTX Unveils Finalists for $6M Mars Program Special Edition, Space Journey Selection Enters Final Phase
