Silver Scott Mines Inc (OTC:SILS) Stock Soars 53%: What’s The Buzz?

Investors are going to continue to be on the hunt for the latest stocks to track this morning and one of the stocks which could get significant attention is that of Silver Scott Mines Inc (OTC:SILS). The company hit the news cycle yesterday after it made a key new announcement with regards to its business operations.

The Announcement

The company, which involved in the tokenization of real world assets, announced that it had retained the services of Next Realm AI. Next Realm will be involved in advising Silver Scott Mines on its compliance framework and blockchain marketing activities. In the news release, the company also announced that Newt Realm had already started advising with regards to business strategy and best practices in relation to the private blockchain involved with the tokenization of real world assets.

Further Information

Some of the real world assets that Silver Scott Mines seeks to tokenize involve real estate, private capital and commodities. In addition to that, it was also revealed that the company would also consider working on security at the level of smart contract through the EC 3643 protocol. It remains to be seen if the Silver Scott Mines gets any traction over the coming days or not.

CEO Quote

Tom Bustamante, Founder & CEO of Next Realm AI, commented, “As the SEC continues to develop a more positive outlook on digital assets, we believe building compliant frameworks is still essential for attracting institutional investors. Our philosophy is simple: if you’re going to do it, then do it right.”