TrustNFT.io Launches Beta to Protect Accredited Investors After Coinbase Breach Exposes Massive KYC Risk
Silver Scott Mines (OTC PINK:SILS) has launched the beta version of TrustNFT.io, a blockchain-based KYC protection platform designed for accredited investors and high net worth individuals. The launch comes in response to a recent $20 million ransom demand and data breach at Coinbase that compromised over a million users' information.
TrustNFT.io's key features include decentralized KYC vaults, encrypted smart NFTs for investor credentials, zero-knowledge access controls, and multi-platform compliance syncing. The platform aims to prevent data misuse and eliminate the vulnerabilities of centralized identity systems by leveraging blockchain technology.
Silver Scott Mines (OTC PINK:SILS) ha lanciato la versione beta di TrustNFT.io, una piattaforma di protezione KYC basata su blockchain, pensata per investitori accreditati e individui con un alto patrimonio netto. Il lancio arriva in risposta a una recente richiesta di riscatto da 20 milioni di dollari e a una violazione dei dati su Coinbase che ha compromesso le informazioni di oltre un milione di utenti.
Le caratteristiche principali di TrustNFT.io includono vault KYC decentralizzati, NFT intelligenti criptati per le credenziali degli investitori, controlli di accesso a conoscenza zero e sincronizzazione della conformità su più piattaforme. La piattaforma mira a prevenire l'uso improprio dei dati ed eliminare le vulnerabilità dei sistemi di identità centralizzati sfruttando la tecnologia blockchain.
Silver Scott Mines (OTC PINK:SILS) ha lanzado la versión beta de TrustNFT.io, una plataforma de protección KYC basada en blockchain diseñada para inversores acreditados y personas con alto patrimonio neto. El lanzamiento se produce en respuesta a una reciente demanda de rescate de 20 millones de dólares y una brecha de datos en Coinbase que comprometió la información de más de un millón de usuarios.
Las características principales de TrustNFT.io incluyen bóvedas KYC descentralizadas, NFTs inteligentes cifrados para las credenciales de los inversores, controles de acceso de conocimiento cero y sincronización de cumplimiento multiplataforma. La plataforma busca prevenir el uso indebido de datos y eliminar las vulnerabilidades de los sistemas de identidad centralizados aprovechando la tecnología blockchain.
Silver Scott Mines (OTC PINK:SILS)는 공인 투자자와 고액 자산가를 위해 설계된 블록체인 기반 KYC 보호 플랫폼인 TrustNFT.io의 베타 버전을 출시했습니다. 이번 출시는 최근 2천만 달러의 몸값 요구와 100만 명 이상의 사용자 정보가 유출된 Coinbase 데이터 유출 사건에 대한 대응으로 이루어졌습니다.
TrustNFT.io의 주요 기능으로는 분산형 KYC 보관소, 투자자 자격 증명을 위한 암호화된 스마트 NFT, 제로 지식 접근 제어, 다중 플랫폼 준수 동기화가 포함됩니다. 이 플랫폼은 블록체인 기술을 활용하여 데이터 오용을 방지하고 중앙 집중식 신원 시스템의 취약점을 제거하는 것을 목표로 합니다.
Silver Scott Mines (OTC PINK:SILS) a lancé la version bêta de TrustNFT.io, une plateforme de protection KYC basée sur la blockchain, destinée aux investisseurs accrédités et aux personnes fortunées. Ce lancement fait suite à une récente demande de rançon de 20 millions de dollars et à une violation de données chez Coinbase qui a compromis les informations de plus d'un million d'utilisateurs.
Les principales fonctionnalités de TrustNFT.io incluent des coffres KYC décentralisés, des NFTs intelligents cryptés pour les identifiants des investisseurs, des contrôles d'accès à connaissance zéro et une synchronisation de la conformité multi-plateformes. La plateforme vise à prévenir les abus de données et à éliminer les vulnérabilités des systèmes d'identité centralisés en tirant parti de la technologie blockchain.
Silver Scott Mines (OTC PINK:SILS) hat die Beta-Version von TrustNFT.io gestartet, einer blockchain-basierten KYC-Schutzplattform, die für akkreditierte Investoren und vermögende Privatpersonen entwickelt wurde. Der Start erfolgt als Reaktion auf eine kürzliche Forderung eines Lösegelds in Höhe von 20 Millionen US-Dollar und eine Datenpanne bei Coinbase, bei der die Informationen von über einer Million Nutzern kompromittiert wurden.
Zu den Hauptmerkmalen von TrustNFT.io gehören dezentralisierte KYC-Safes, verschlüsselte Smart NFTs für Investoren-Zugangsdaten, Zero-Knowledge-Zugangskontrollen und plattformübergreifende Compliance-Synchronisierung. Die Plattform zielt darauf ab, Datenmissbrauch zu verhindern und die Schwachstellen zentralisierter Identitätssysteme durch den Einsatz von Blockchain-Technologie zu beseitigen.
- Platform addresses a critical security need highlighted by the $20M Coinbase breach
- Innovative solution for a growing market of accredited investors and HNWIs
- Technology leverages blockchain for enhanced security and decentralization
- Multiple revenue opportunities through investment platforms and fund managers
- Product is still in beta phase with unproven market adoption
- Faces potential competition from established KYC providers
- Success depends on gaining trust in a sector recently shaken by security breaches
FRANKLIN, NEW JERSEY / ACCESS Newswire / May 20, 2025 / Silver Scott Mines, Inc. (OTC PINK:SILS) today announced the beta launch of TrustNFT.io - a blockchain-based KYC protection platform specifically built for accredited investors and high net worth individuals (HNW).
This coincides with the recent reporting of a
TrustNFT.io: Reinventing Investor Identity Protection
TrustNFT.io leverages blockchain technology to decentralize and encrypt Know-Your-Customer (KYC) data, giving accredited investors ownership and control of their compliance credentials across investment platforms - without storing them in vulnerable central databases.
"What happened at Coinbase isn't just a breach. It's a betrayal of trust - the kind that shakes global capital markets," said the TrustNFT development team. "TrustNFT is our answer - built to protect the people fueling the next generation of investment."
Key Features of the TrustNFT Beta:
Decentralized KYC vaults for accredited investors
Verifiable investor credentials stored as encrypted smart NFTs
Zero-knowledge access controls to prevent data misuse
Multi-platform compliance syncing without re-uploading documents
Unlike legacy systems, TrustNFT uses non-custodial ID tokenization and blockchain auditability to ensure user privacy, even when interacting with SEC-compliant private placements or tokenized asset platforms.
Join the Beta - Build the Future of Secure Compliance
TrustNFT is inviting investment platforms, fund managers, and accredited investors to participate in the beta rollout at www.TrustNFT.io. Early participants will help shape how future private capital markets secure their most sensitive compliance workflows.
"In a world where crypto adoption is accelerating, accredited investors need a security layer that protects both their wealth and their identity. TrustNFT is here to be that layer." - Silver Scott Digital Team
About Silver Scott Mines, Inc. (OTC:SILS)
Silver Scott Mines, through its digital innovation division, Silver Scott Digital, is focused on building blockchain-secured financial and identity tools that prepare markets for next-generation compliance, transparency, and user sovereignty. TrustNFT is the company's flagship platform in private market infrastructure.
Join the beta → TrustNFT.io
#TrustNFT #KYCRevolution #AccreditedInvestorSecurity #OTCSILS #PrivateMarkets #BlockchainCompliance
Disclaimer: TrustNFT is in beta and not a registered securities platform. Participation does not guarantee investment approval and is subject to platform terms and accreditation verification.
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 Information
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 TrustNFT.io and how does it protect accredited investors?
What caused Silver Scott Mines (SILS) to launch TrustNFT.io?
What are the main features of TrustNFT's beta version?
How can investors participate in TrustNFT's beta program?
How does TrustNFT differ from traditional KYC systems?
