NYC, NEW YORK – SINGAPORE: May 10, 2023 – Secondlease.io is pleased to announce the acquisition of Amplify Protocol from Amplify Tokenized Solutions Pte Ltd. (Amplify).
The Amplify Protocol uses robust smart contract frameworks to connect small and medium enterprises (SMEs) with investors via a decentralized liquidity solution. Amplify can be used by those engaged in commodity trading, supply chain financing, trade logistics, lodging, secondary market companies, trusts, gaming operations, and numerous other industries. These fiducial smart contracts will utilize the SECONDLEASE.IO OPERATING SYSTEM (SL-OS).
SL-OS (US63/491,682) is an eight patent-application-family for a mobile OS with embedded silicon gate integrations. Designed to function as an alternative community-based mobile OS, you can run web-based financial and identification applications directly on the mobile OS or install them via an application marketplace. SL-OS uses open standards and security-focused approaches such as ISO 20022, software-node consensus, and blockchain SIM (BSIM). MOBILE SL-OS leverages 5G blockchain-pSIM and blockchain-eSIM Javacard APIs to capture data essential for measuring and analyzing KPIs. This helps mobile network operators (MNOs) determine where network users are located (without the need for GPS) and which APIs and JASON web calls provide — or don’t provide — direct-source satellite data.
Seconlease.io’s core driving values include being inclusive and fair to all good-standing people, companies, and banks. One way in which we strive to meet this value is with our tokenized licensing systems that democratize access to capital-rich — and burgeoning — blockchain ecosystems. SL-OS is the only mobile OS that provides interoperability, standards-based rules, and community-driven consensus methods; this OS is another system we aim to use to uplift people and economies in a healthy, balanced, and sustainable manner.
SL-OS takes issued (i) patent claim-construction, (ii) common law written license agreements, and (iii) source-code licensing agreements, and (iv) converts them into Solidity-compatible contracts. Solidity is a programming language for implementing smart contracts on various blockchain platforms, most notably, Ethereum. This enables efficient and effective auto-governing processes for global financial dealings and agreements. SL-OS operates both the node consensus and the BSIM hardware to provide the most advanced, trustless, and immutable data recording system within this industry.
“Secondlease.io is moving at a great pace due to its IP licensing portfolio, recent acquisitions, and its inclusive interpersonal dealings with people. The Secondlease.io modus operandi provides significant upside potential for Eugene Tan Yew Meng, Founder of Amplify. I have recently become good friends with Eugene and am very proud to use his core smart contracts as the original basis for SL-OS,” said CEO Travis M. McGregor.
“SL-OS provides a foundation for a potential partnership with my new venture, When You Innovate a nd Invest Now (WYiiN), a technology company investing and creating synergy and value in digital ecosystems for communities. In Secondlease.io’s transparent and inclusivity-focused dealings provided the trust and inspiration to make this valuable acquisition happen,” said Eugene Tan.
Secondlease.io enables great minds to make positive societal change. Secondlease.io recently organized IP Portfolio I, consisting of eight core patentable embodiments under an umbrella IP position. IP Portfolio I contains systems and methods that mitigate fiat-backed stablecoin price fluctuations via blockchain-based SIM (BSIM) transaction environments. Secondlease.io combines software-node consensus and hardware-based solutions to achieve “real” (non-speculative) GDP in a manner driven by collaborative human consensus. Construction of IP Portfolio II – serving the medical industry – is well underway. Secondlease.io’s mission is to use advanced methods, such as tokenization and blockchain technology, to foster equitable global access to natural wealth and resources via its Mobile SL-OS.
ABOUT MOBILE SL-OS:
SL-OS takes (i) issued patent claim-construction, (ii) common law written license agreements, and (iii) source-code licensing agreements, and (iv) converts them into Solidity-compatible contracts. Solidity-based smart contracts running on SL-OS enable efficient and effective auto-governing processes for global financial dealings and agreements. SL-OS operates both the node consensus and the BSIM hardware to provide the most advanced, human-consensus, and immutable data recordation method and system within this industry.
ABOUT AMPLIFY TOKENIZED SOLUTIONS PTE:
Amplify Protocol is a peer-to-peer system designed to address supply chain-related financing challenges, as referenced by Claudio Saavedra in his 2018 article “A B2B2C Challenge. When Industrial Companies Obtain Innovation Insights from Consumer Markets.” Amplify Protocol improves the traditional unsecured-credit granting system by making an accessible alternative that is easy to use. Amplify Protocol is a on-chain financing application that enables borrowing against collateralized assets and community-scored unsecured lending opportunities. It uses algorithmic Borrowing Pools to serve supply chain financing through tokenized accounts receivable. These pools are the method of exchange that allows users to borrow and lend digital assets. Featuring mechanisms to keep these lending markets in equilibrium, this on-chain protocol is implemented in a framework of persistent and unalterable smart contracts. These non-upgradable smart contracts are designed to promote inclusivity, security, transparency, and interoperable access to a suite of blockchain-based financial products and services. As some legacy financial institutions have what we deem to be unfair, exclusionary, or restrictive approaches to financial freedom, our priority is to provide technological infrastructure that enables participants to transact without the need for financial intermediaries.
This is a press release provided by Secondlease.io and is not written by Glyph team. Glyph neither supports nor assumes responsibility or liability for any content, accuracy, quality, advertising, products, or other materials presented on this page. It is advised that readers conduct their own research before engaging in any actions pertaining to this news or the company.
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