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:
https://www.accessnewswire.com/newsroom/en/banking-and-financial-services/silver-scott-mines-inc.-licenses-walacor-software-to-enhance-data-se-1022124
