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Totally impressed with this P-Chip Corporation USA collaboration and the confidence it gives to market for SYME. We have just really made our platform belt and braces. The use with the Italian Parmigiano- Reggiano industry is highly significant- if you know anything about this huge Italian consortium. The critics will not like this update as it signals we are very near to sign off of WL. I think many SYME bashers forget or don’t even know/understand the platform SYME have built and that it has taken so much hard work and dedication and brains to build -it is unique and a hugely valuable piece of fintech IP! Getting USA P-chip to add another layer in collaboration is simply amazing and underlines HOW and WHY we are doing this to change the way trade finance and inventory monetisation is done for good! Happy as Larry today! IMHO DYOR GLA
The P-Chip trch allows the tracking and monitoring of individual cheese wheels used to securitise the inventory monetarisation process. Tokenisation allows the individual cheese wheels funding to be digitised..So collectively an investor on the Tokenisation Platform has assurances that the inventory exists, the quantity, location, and authenticity providing better security over the funds invested...The traceability means more or less and inventory item can be tagged, tracked, and monitored in a secured manner with a unique code akin to a bar code.
Big business Cheesy chips
https://www.grunge.com/890035/this-bank-in-italy-holds-almost-half-a-million-wheels-of-cheese/
Thats the way the big ball bounces,:))))))))
Think about an engineering consortium with thousands of different inventory items stored in multiple locations and you want an inventory loan to free up working capital...How do you validate, locate, track, and value thousands of different inventory items to fund such a loan to provide security and fulfill due diligence requirements?
A food business, a pharma firm, anyone storing large stocks of inventory anywhere in the world can now track and monitor individual items of whatever size, shape, number held as warehouse inventory.
You should think about a business that talks a load of bullshyte RNS after RNS....
Gimmick after Gimmick,no one falls for it anymore,:)))))))))
Alright Sherlock , I think we've got the gist... 😂
De-rampers getting desperate now very vocal lol!
Just 4 months cash funding raised which was all is needed to meet the banks internal audit requirements and complete WL IM cobtraxt sigange and ramp up to other bank corporate clients, an inventory tracking system in place with a recognised third party, tokenisation platform up and running with two asset management firms gor investing and trading monetarised inventory, at least two banks involved Gruppo Banoco BPM, Italys third largest bank and Neobank, a major agri food manufacturer....yup really smells a bit cheesy...Tom Winnifrith is going to be eating humble pie soon!
Nuburu Inc already has a partnership with NASA so is this partnership going to be used for satellite tracking of the big cheese ?
And obviously any type of inventory where tracking is required.
https://ir.nuburu.net/news/news-details/2024/NUBURU-Announces-a-Second-Contract-With-NASA-for-Next-Generation-Blue-Laser-Space-Technology/default.aspx
Why didn’t we implement an agreement with an inventory tracking chip company 4 years ago? Can Harshova really integrate with a third party API inside 4 months, especially now his business analyst *cough* “Head of Ecosystems” has gone?
More nonsense to kick the can, but if we’ve only just signed an agreement with P-Chip, any IM deals dependent on this are at least six months away, and that’s assuming speedy Agile development with plenty of developers thrown at it.
@TG2D...
Earlier this morning you were a bit behind the plot when you posted a newsflash that was over three years out of date and now you are getting a bit ahead of yourself when you say "inventory tracking system is in place"
No it isn't , take a deep breath and try reading thhe RNS again .
Hopefully one of few rns's coming in the next few days. Sp is on the floor and after placing so SP will gradually go back up. Feeling we are going there come on!
FYI Powerchips was founded in 2017 and now has a market cap of over $3Bn.
Just saying.
It's a private company
GingerHippo wrong company
https://wired.me/technology/parmesan-cheese-microchip/
Are you confusing it with a different company.
My apologies