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
Blocks & Headlines: Today in Blockchain – January 24, 2025 (IBM, SAP, Oracle, Bitfury Group, Auxesis Services Technologies, Binance, European Central Bank)
The blockchain and cryptocurrency industry continues to evolve at breakneck speed, reshaping global finance, technology, and governance. From central bank digital currencies (CBDCs) to cutting-edge tools simplifying blockchain development, today’s updates offer a glimpse into how blockchain technology is transforming industries. Here’s your daily briefing on the latest news in blockchain, crypto, and Web3.
Blockchain in Retail: Competitive Intelligence and Trends
A new report analyzing blockchain adoption in the retail sector forecasts significant growth between 2025 and 2034, with major players like IBM, SAP, Oracle, Bitfury Group, and Auxesis Services Technologies leading the charge. The report highlights blockchain’s role in enhancing supply chain transparency, combating counterfeit goods, and enabling seamless loyalty programs.
Why This Matters:
Blockchain’s ability to enhance traceability and trust in supply chains makes it an ideal solution for the retail industry. With consumer demand for transparency growing, retailers are under pressure to provide verifiable data about the origins of their products—a gap blockchain is poised to fill.
Commentary:
Retailers that fail to adopt blockchain solutions risk falling behind as industry leaders use this technology to build trust and customer loyalty. As adoption grows, smaller players may also turn to blockchain-powered SaaS platforms to stay competitive.
Source: GlobeNewswire
ECB’s Digital Euro Pitch in Response to Growing Crypto Adoption
The European Central Bank (ECB) has pitched the idea of a digital euro, citing the growing influence of cryptocurrencies and global pushes toward digital currencies. The ECB framed the digital euro as a stable, secure alternative to decentralized crypto assets, addressing the region’s need for innovation while preserving monetary sovereignty.
Why This Matters:
CBDCs like the digital euro could redefine global finance, providing a government-backed alternative to private cryptocurrencies. For the EU, this initiative represents both a competitive response to projects like China’s digital yuan and a hedge against the risks posed by unregulated crypto markets.
Commentary:
The digital euro has the potential to address inefficiencies in cross-border payments and financial inclusion. However, its success will depend on balancing innovation with privacy—a concern central to public trust in government-backed digital currencies.
Source: Reuters
Simplifying Blockchain Development with Enso
Enso, a new development tool, promises to revolutionize blockchain coding by making the process more intuitive and accessible. Dubbed the “Intent Revolution,” Enso eliminates the need for complex, code-heavy development by allowing developers to articulate “intentions” that the platform then translates into blockchain logic.
Why This Matters:
The barrier to entry for blockchain development has long been its technical complexity. Enso’s approach could significantly lower this barrier, enabling a broader range of developers—and potentially businesses—to participate in blockchain innovation.
Commentary:
Simplifying blockchain development is a critical step in driving adoption. Tools like Enso are not just about ease; they democratize access to blockchain innovation, allowing smaller players to compete with industry giants.
Source: DL News
French Crypto Co-Founder Freed After Kidnapping Incident
In an alarming story, a co-founder of a prominent French cryptocurrency company was kidnapped but has since been freed after a swift operation by French authorities. While the specifics of the case remain under wraps, reports suggest that the incident stemmed from disputes related to crypto investments.
Why This Matters:
This incident underscores the risks associated with the crypto industry, particularly for high-profile figures. With cryptocurrencies often linked to high-value transactions, individuals in the sector may face heightened personal security threats.
Commentary:
As the crypto industry matures, security—both digital and physical—must become a priority for individuals and organizations. Expect to see increased demand for personal security services tailored to crypto executives.
Source: France24
Ex-Visa CFO Joins Blockchain Firm Amid Trump’s Crypto Push
Former Visa CFO, Charlotte Hogg, has joined the board of a leading blockchain firm, signaling increasing alignment between traditional finance and blockchain. The move comes as Trump’s administration accelerates its crypto-related policies, placing blockchain at the forefront of financial innovation.
Why This Matters:
Hogg’s appointment highlights the growing convergence of traditional finance and blockchain technology. The expertise of seasoned financial executives could lend credibility to blockchain firms, making the sector more appealing to institutional investors.
Commentary:
Bringing in talent from established financial institutions is a strategic move that positions blockchain companies for mainstream adoption. With figures like Hogg on board, the narrative of blockchain as a speculative industry is shifting toward one of legitimacy and innovation.
Source: CFO Dive
CZ, Crypto’s Wealthiest Man, Focuses on Philanthropy
Changpeng Zhao (CZ), the CEO of Binance and one of the wealthiest figures in crypto, has announced a renewed focus on philanthropy. CZ’s latest initiative involves leveraging blockchain technology to increase transparency and efficiency in charitable giving, with an emphasis on combating poverty and improving global education.
Why This Matters:
Blockchain-based philanthropy offers a unique opportunity to ensure donations are used effectively, addressing long-standing concerns about corruption and mismanagement in the charity sector. CZ’s initiative could set a new standard for transparency in philanthropy.
Commentary:
CZ’s pivot toward philanthropy not only reflects the growing maturity of the crypto industry but also highlights blockchain’s potential to solve real-world problems. As trust becomes a cornerstone of crypto adoption, initiatives like this can have a far-reaching impact.
Source: Yahoo Finance
Key Trends Shaping Blockchain and Crypto Today
Today’s stories illustrate several key trends in blockchain and crypto:
- Institutional Alignment: From the ECB’s digital euro to Charlotte Hogg’s new role, traditional finance is increasingly embracing blockchain technologies.
- Simplifying Innovation: Tools like Enso reflect a push to make blockchain development more accessible, which will drive adoption across industries.
- Security Concerns: The kidnapping of a French crypto executive serves as a stark reminder of the risks faced by industry leaders.
- Social Impact: CZ’s philanthropic efforts demonstrate how blockchain can drive social good, particularly in areas like education and poverty alleviation.
Looking Ahead
As blockchain and cryptocurrency continue to evolve, the industry is moving beyond speculative trading toward meaningful applications. Whether it’s through enhancing supply chain transparency, driving financial inclusion, or simplifying development, blockchain’s potential remains immense. However, challenges like regulation, security, and public trust must be navigated carefully to ensure sustained growth.
This concludes Blocks & Headlines: Today in Blockchain for January 24, 2025. Stay tuned for tomorrow’s briefing as we continue to track the trends and innovations shaping the future of blockchain and cryptocurrency.
The post Blocks & Headlines: Today in Blockchain – January 24, 2025 (IBM, SAP, Oracle, Bitfury Group, Auxesis Services Technologies, Binance, European Central Bank) appeared first on News, Events, Advertising Options.
Simplifying Crypto Payments: Introducing Bybit Pay
Blockchain
Andrew Cardno to speak on the session titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not)”
Quick Custom Intelligence (QCI) is pleased to announce a must-attend session at the upcoming January 28–30, 2025, Raving Next: Indian Gaming Strategic Operations and Leadership Conference at Pechanga Resort Casino in Temecula, CA. This event will feature Andrew Cardno, CTO of QCI, as he delivers an in-depth exploration of the rapid technological evolution reshaping tribal gaming, including the impact of Artificial Intelligence (AI) and robotics on gaming floors and team members.
The signature session, titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not),” will take place on January 29, 2025, from 1:15 – 2:00 PM (Mainstage). Mr. Cardno’s presentation will discuss how casino operators can adopt these advanced tools while preserving core traditions and staying ahead of the competition.
“AI and robotics are no longer futuristic concepts in the tribal gaming space—they are here now,” said Andrew Cardno, CTO of QCI. “Our goal is to help operators confidently integrate these technologies and develop robust plans for sustainable success.”
The session will also feature insights from Deana Scott, CEO of Raving Consulting, who will offer guidance on seamlessly incorporating new technologies into tribal enterprise strategies, ensuring both guest experience and workforce well-being remain top priorities.
“This isn’t about technology for technology’s sake,” noted Deana Scott. “It’s about finding the best fit for each tribal enterprise, ensuring the heart of our industry—our people and culture—remains at the forefront of decision-making.”
Attendees can expect to leave with practical approaches to integrating and leveraging emerging technologies in ways that reinforce the unique strengths of tribal gaming, enhance operational efficiency, and empower team members.
The post Andrew Cardno to speak on the session titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not)” appeared first on News, Events, Advertising Options.
-
Blockchain6 days agoCoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
-
Blockchain3 days agoBlocks & Headlines: Today in Blockchain (Ethereum, Quantum Emotions, Pepeto, Zeus Investments, AgileGTM)
-
Blockchain3 days ago
Andrew Cardno to speak on the session titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not)”
-
Blockchain5 days agoDigital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla
-
Blockchain2 days ago
Blocks & Headlines: Today in Blockchain – January 24, 2025 (IBM, SAP, Oracle, Bitfury Group, Auxesis Services Technologies, Binance, European Central Bank)
-
Blockchain3 days ago
Humanity Protocol and Open Campus Partner to Integrate Achievements and Interoperable Credentials for Decentralized Education
-
Blockchain5 days agoHumanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
-
Blockchain Press Releases3 days agoSquaredFinancial adds the Trump and Melania meme coins to its crypto offering
