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Silver Scott Mines, Inc. Licenses Walacor Software to Enhance Data Security in Finance and Healthcare

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Silver Scott Mines (OTC:SILS) has secured a licensing agreement to implement Walacor's security software to enhance data protection in finance and healthcare sectors. The company plans to integrate this tamper-resistant platform to develop secure applications including patient-controlled health data wallets, personal financial vaults, and a secure KYC/AML platform.

CEO Stuart Fine emphasized that this technology adoption demonstrates Silver Scott's commitment to providing trusted, regulatory-compliant solutions. The company, operating as a holding company, focuses on digital innovation across traditional asset classes, specializing in secure technology solutions for institutional-grade asset tokenization.

Silver Scott Mines (OTC:SILS) ha ottenuto un accordo di licenza per implementare il software di sicurezza di Walacor al fine di migliorare la protezione dei dati nei settori finanziario e sanitario. L'azienda prevede di integrare questa piattaforma resistente alle manomissioni per sviluppare applicazioni sicure, tra cui portafogli per dati sanitari controllati dai pazienti, casseforti finanziarie personali e una piattaforma sicura per KYC/AML.

Il CEO Stuart Fine ha sottolineato che l'adozione di questa tecnologia dimostra l'impegno di Silver Scott nel fornire soluzioni affidabili e conformi alle normative. La società, che opera come holding, si concentra sull'innovazione digitale nei classici asset tradizionali, specializzandosi in soluzioni tecnologiche sicure per la tokenizzazione di asset di livello istituzionale.

Silver Scott Mines (OTC:SILS) ha asegurado un acuerdo de licencia para implementar el software de seguridad de Walacor con el fin de mejorar la protección de datos en los sectores financiero y de salud. La compañía planea integrar esta plataforma resistente a manipulaciones para desarrollar aplicaciones seguras, incluyendo billeteras de datos de salud controladas por pacientes, bóvedas financieras personales y una plataforma segura para KYC/AML.

El CEO Stuart Fine destacó que la adopción de esta tecnología demuestra el compromiso de Silver Scott de ofrecer soluciones confiables y conformes a la regulación. La empresa, que opera como sociedad holding, se enfoca en la innovación digital en clases de activos tradicionales, especializándose en soluciones tecnológicas seguras para la tokenización de activos de nivel institucional.

Silver Scott Mines (OTC:SILS)는 금융 및 의료 분야의 데이터 보호 강화를 위해 Walacor의 보안 소프트웨어를 도입하는 라이선스 계약을 체결했습니다. 이 회사는 변조 방지 플랫폼을 통합하여 환자 주도 건강 데이터 지갑, 개인 금융 금고, 안전한 KYC/AML 플랫폼 등 보안 애플리케이션을 개발할 계획입니다.

CEO Stuart Fine은 이 기술 도입이 Silver Scott이 신뢰할 수 있고 규제 준수 솔루션을 제공하겠다는 의지를 보여준다고 강조했습니다. 지주회사로 운영되는 이 회사는 전통적인 자산 클래스를 넘어 디지털 혁신에 중점을 두며, 기관급 자산 토큰화를 위한 보안 기술 솔루션을 전문으로 합니다.

Silver Scott Mines (OTC:SILS) a conclu un accord de licence pour mettre en œuvre le logiciel de sécurité de Walacor afin de renforcer la protection des données dans les secteurs financier et de la santé. La société prévoit d'intégrer cette plateforme résistante aux altérations pour développer des applications sécurisées, notamment des portefeuilles de données de santé contrôlés par les patients, des coffres-forts financiers personnels et une plateforme sécurisée KYC/AML.

Le PDG Stuart Fine a souligné que l'adoption de cette technologie témoigne de l'engagement de Silver Scott à fournir des solutions fiables et conformes aux réglementations. La société, opérant en tant que holding, se concentre sur l'innovation numérique dans les classes d'actifs traditionnelles, se spécialisant dans les solutions technologiques sécurisées pour la tokenisation d'actifs de niveau institutionnel.

Silver Scott Mines (OTC:SILS) hat eine Lizenzvereinbarung zur Implementierung der Sicherheitssoftware von Walacor abgeschlossen, um den Datenschutz im Finanz- und Gesundheitssektor zu verbessern. Das Unternehmen plant, diese manipulationssichere Plattform zu integrieren, um sichere Anwendungen zu entwickeln, darunter patientengesteuerte Gesundheitsdaten-Wallets, persönliche Finanztresore und eine sichere KYC/AML-Plattform.

CEO Stuart Fine betonte, dass die Einführung dieser Technologie das Engagement von Silver Scott zeigt, vertrauenswürdige und regulatorisch konforme Lösungen anzubieten. Das Unternehmen, das als Holding agiert, konzentriert sich auf digitale Innovationen in traditionellen Anlageklassen und spezialisiert sich auf sichere Technologielösungen für die institutionelle Asset-Tokenisierung.

Positive
  • Strategic expansion into high-growth sectors (finance and healthcare) through new technology licensing
  • Potential for new revenue streams through secure applications development
  • Enhanced competitive position in regulatory-compliant solutions market
Negative
  • Implementation success and market adoption of new technology remains uncertain
  • Operating in highly regulated sectors may pose compliance risks
  • Potential competition from established players in fintech and healthtech sectors

FRANKLIN, NJ / ACCESS Newswire / May 1, 2025 / Silver Scott Mines, Inc. (OTC PINK:SILS) has entered into a licensing agreement to utilize Walacor's security software, aiming to strengthen data protection in its finance and healthcare initiatives.

Under the agreement, Silver Scott Mines will integrate Walacor's, tamper-resistant platform into its suite of digital solutions. The company's focus is on deploying this technology to address the growing need for secure, compliant data management in sectors where privacy and regulatory requirements are critical.

Silver Scott's Application of Walacor Technology

Silver Scott Mines plans to leverage the Walacor platform to develop secure applications, such as:

  • Patient-controlled health data wallets for secure storage and sharing of medical records.

  • Personal financial vaults for consumers and institutions.

  • Secure KYC/AML platform that protects investors and institutions.

By integrating Walacor's software, Silver Scott Mines aims to offer clients advanced data protection, transparent audit trails, and streamlined compliance with industry standards.

"Our adoption of Walacor's security platform reflects Silver Scott's commitment to delivering trusted, regulatory-compliant solutions in finance and healthcare," said Stuart Fine, CEO of Silver Scott Mines. "We believe this technology will allow us to better serve our clients' evolving security needs and support our growth in these critical sectors."

About Silver Scott Mines, Inc.

Silver Scott Mines, Inc. (OTC:SILS) is a holding company advancing digital innovation across traditional asset classes. The company specializes in secure technology solutions for institutional-grade asset tokenization and is expanding its portfolio in healthcare, cleantech, and digital platforms.

LinkedIn: www.linkedin.com/company/silverscott
X: https://x.com/silverscottmine

For more information or to request an investor deck, visit: https://silverscottdigital.com/investors/

Forward Looking Statements

This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as expects, believes, anticipates, intends, estimates, seeks and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Silver Scott Mines, are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements.

Contact: Stuart Fine, CEO stuartfine@silverscottmines.com 908-356-9852

SOURCE: Silver Scott Mines Inc



View the original press release on ACCESS Newswire

FAQ

What is the purpose of Silver Scott Mines' (SILS) licensing agreement with Walacor?

The licensing agreement allows SILS to use Walacor's security software to enhance data protection in finance and healthcare initiatives, specifically for developing secure applications like health data wallets, financial vaults, and KYC/AML platforms.

What are the main applications Silver Scott Mines plans to develop with Walacor's technology?

SILS plans to develop three main applications: patient-controlled health data wallets, personal financial vaults, and a secure KYC/AML platform for investors and institutions.

How does the Walacor licensing agreement align with Silver Scott Mines' business strategy?

The agreement aligns with SILS's focus on digital innovation and secure technology solutions, particularly in institutional-grade asset tokenization and expanding their portfolio in healthcare, cleantech, and digital platforms.

Who is the CEO of Silver Scott Mines (SILS) and what is their view on the Walacor partnership?

Stuart Fine is the CEO of Silver Scott Mines, and he views the Walacor partnership as a reflection of the company's commitment to delivering trusted, regulatory-compliant solutions in finance and healthcare sectors.
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