White label and blockchain: the innovative solution

White label and blockchain

White label (and blockchain) are innovative and practical solutions that offer platforms capable of collecting, managing and updating product information throughout the entire supply chain, ensuring the long-term preservation of market value.

In fact, a white label solution represents an innovative opportunity that allows you to use an existing product or service under your own brand, without having to create a new one from scratch. This immediately offers advantages such as saving time and money, as there is no need to invest in creating and maintaining your own product, and also using a tried and tested product.

The service can be customized according to the needs of your business to make it consistent with your brand and customers. In fact, a white label can also be your company's CRM, which collects data and information, manages customers and inventory, and much more.

read more ...  https://www.linkedin.com/pulse/white-label-blockchain-innovative-solution-andrea-belvedere

Creditors of Genesis Global Capital negotiate bankruptcy plan

 Creditors of Genesis Global Capital (GGC) are negotiating a prepackaged bankruptcy plan with the firm, according to sources familiar with the talks. According to one of the sources, creditors such as the Winklevoss twins' Gemini would agree to a forbearance period, in most of the payments, of between one and two years under the prepackaged bankruptcy plan. 

Genesis Global Capital is laying the groundwork for a bankruptcy filing as soon as this week https://t.co/Lb5Tg24NyO via @crypto

— AmBelvedere (@AndreaBelvede10) January 19, 2023

In exchange, creditors will receive cash payments and equity in Genesis parent company, Digital Currency Group (DCG). Gemini formed an ad hoc committee late last year to coordinate efforts with other creditors and advocate together for a resolution after Genesis halted withdrawals on its platform. The creditor committee has been privately negotiating for the past few weeks with Genesis in an effort to finalize a Chapter 11 bankruptcy protection plan ahead of filing.

Spanish Central Bank Authorizes Fintech Company Monei to Issue Digital Euro in Pilot Test Phase

The Spanish Central Bank has authorized the fintech company Monei to issue its digital euro. This is a project developed within the financial sandbox that begins its pilot test today and aims to be the prototype of the digital euro that the European Central Bank (ECB) is planning. The test phase will be closed to a small group of people to test the application. At the moment, it will be available only for operations within Spain. To obtain the digital euros, the user must enter their phone number, verify their identity via video identification and load the wallet with real euros via Bizum. The company specifies that there will always be the same number of digital euros as the real euros that support them. After the test phase, reports will be prepared and, once the information is collected, the Spanish Central Bank will decide whether to authorize Monei to open the service to the public. Although these digital euros will not be issued by the ECB, the company's intention is that they serve as an initial project and can be extended to other European countries.

ref. https://cincodias.elpais.com/cincodias/2023/01/17/companias/1673981828_456113.html