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Bergen County’s Tokenization of $240B In Property Deeds On AVAX Is A Landmark Step Toward Modernizing Real Estate

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Bergen County, New Jersey, has partnered with blockchain firm Balcony to tokenize 370,000 property deeds, representing $240 billion in real estate, on the Avalanche (AVAX) blockchain. This five-year initiative, announced on May 28, 2025, is the largest blockchain-based deed tokenization project in U.S. history. It aims to digitize records across 70 municipalities, serving nearly one million residents.

The project, supported by Avalanche’s AvaCloud and backed by the Blizzard Fund, reduces deed processing times from 90 days to one, enhances security against fraud and cyberattacks, and improves transparency. Balcony’s platform has already uncovered nearly $1 million in lost revenue in Orange, NJ, due to outdated records. The initiative is part of a broader effort across New Jersey, with over 460,000 deeds tokenized, totaling $290 billion in value, including municipalities like Camden and Morristown. This move aligns with a growing trend of real-world asset (RWA) tokenization, projected to reach $18.9 trillion by 2033, with real estate as a key sector.

The tokenization of $240 billion in property deeds on the Avalanche (AVAX) blockchain in Bergen County, New Jersey, has significant implications, both positive and challenging, and highlights a growing divide in technology adoption, economic access, and societal impact. Tokenizing property deeds reduces processing times from 90 days to one day, cutting bureaucratic delays and administrative costs for municipalities and residents. This could set a precedent for other counties and states to adopt blockchain for public records.

As seen in Orange, NJ, where Balcony’s platform identified nearly $1 million in lost revenue, tokenization can uncover financial discrepancies, improving fiscal accountability. Blockchain’s immutable ledger enhances security against deed fraud and cyberattacks, protecting property owners from title disputes or unauthorized changes. Transparent, digitized records allow easier access for residents, auditors, and regulators, fostering trust in local governance.

This project is part of a broader trend where real estate, valued at $240 billion in this case, is tokenized, contributing to a projected $18.9 trillion RWA market by 2033. Tokenization could unlock liquidity by enabling fractional ownership, attracting investors to real estate markets. The initiative may draw blockchain-related businesses and jobs to New Jersey, positioning it as a hub for innovation. As the largest U.S. deed tokenization project, Bergen County’s success could inspire other regions to adopt blockchain, potentially modernizing property records nationwide.

This aligns with global trends in countries like the UAE and Singapore, where blockchain is used for land registries, suggesting a shift toward decentralized systems in governance.  Tokenization requires digital infrastructure, including reliable internet and technical literacy. Rural or low-income areas in Bergen County or beyond may lack the resources to engage with blockchain-based systems, potentially excluding residents from benefiting.

Understanding blockchain and tokenized deeds requires technical knowledge. Without adequate education or outreach, some residents—particularly older or less tech-savvy populations—may struggle to navigate the system. Tokenization could enable fractional ownership, but access to investment opportunities may favor wealthier individuals or institutions with the capital and knowledge to participate, potentially widening wealth gaps.

While the project reduces long-term costs, initial implementation (training, infrastructure, and maintenance) may strain municipal budgets, disproportionately affecting underfunded areas. Blockchain-based deeds may face inconsistent legal recognition across states or countries, creating friction for property transactions involving non-tokenized jurisdictions. While blockchain enhances transparency, it raises questions about data privacy. Residents in marginalized communities may distrust systems that expose property data, fearing misuse or discrimination.

While Bergen County and others like Camden and Morristown are early adopters, smaller or less progressive municipalities may lag, creating uneven access to modernized systems across New Jersey. Traditional stakeholders (e.g., title companies, real estate firms) may resist blockchain adoption due to disruption of their business models, slowing broader implementation.

The tokenization of $240 billion in property deeds on AVAX is a landmark step toward modernizing real estate records, offering efficiency, security, and economic potential. However, it risks deepening digital, economic, and regulatory divides unless proactive measures ensure inclusivity. By addressing these challenges, New Jersey could model how blockchain can transform governance equitably, setting a global standard.

Tinubu Establishes N100bn National Credit Guarantee Company, Appoints Yakubu Dogara as Chairman

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President Bola Ahmed Tinubu has launched a new institution aimed at transforming Nigeria’s credit environment, with the establishment of the National Credit Guarantee Company Limited (NCGC)—a financial vehicle designed to unlock credit for businesses and households long shut out of Nigeria’s lending system.

According to a statement released Thursday by the Presidency, former Speaker of the House of Representatives, Rt. Hon. Yakubu Dogara, has been appointed Chairman of the NCGC board, while Mr. Bonaventure Okhaimo will serve as Managing Director and Chief Executive Officer. The institution is backed by an initial capital base of N100 billion, sourced from a consortium of government-backed institutions.

“President Bola Ahmed Tinubu has approved the establishment of the National Credit Guarantee Company Limited (NCGC), a transformative institution designed to de-risk lending and boost access to finance for Micro, Small and Medium Enterprises (MSMEs), Small Corporates, Manufacturers, Consumers and Large Enterprises across Nigeria,” the statement read.

The NCGC is intended to address Nigeria’s chronic access-to-credit problem, especially for the underbanked and underserved. The company will help reduce the risk banks face in lending to small businesses and individuals, by providing guarantees on loans, thereby promoting a more inclusive financial system.

According to the Presidency, the NCGC aligns with Tinubu’s 2025 New Year message, where he pledged to “unlock credit access and stimulate inclusive economic growth.” The company will target MSMEs, which constitute over 90% of businesses in Nigeria, as well as larger corporates, manufacturers, and consumers who lack access to affordable credit.

In addition to expanding financial inclusion, the company is expected to strengthen confidence in the financial system, promote industrialization, generate employment opportunities, and target specific demographics like women and youth, who have traditionally faced difficulty securing loans due to lack of collateral or credit history.

Key Appointments to Board and Management

President Tinubu has named a mix of public-sector technocrats and private-sector experts to drive the NCGC’s mission. In addition to Dogara and Okhaimo, the executive management includes:

  • Mrs. Tinoula Aigwedo, appointed Executive Director of Strategy and Operations.
  • Dr. Ezekiel Oseni, named Executive Director, Risk Management.
  • Ms. Yeside Kazeem, a seasoned actuarial expert, will serve as an Independent Non-Executive Director.

The President also appointed representatives from Nigeria’s leading financial institutions and government investment arms as non-executive board members:

  • Mr. Aminu Sadiq-Umar, Managing Director of the Nigeria Sovereign Investment Authority (NSIA).
  • Dr. Olasupo Olusi, Managing Director of the Bank of Industry (BOI).
  • Mr. Uzoma Nwagba, Managing Director of the Nigeria Consumer Credit Corporation (CrediCorp).
  • Mrs. Oluwakemi Owonubi, representing the Ministry of Finance Incorporated (MOFI).

The NCGC’s N100 billion initial capital is jointly funded by MOFI, NSIA, BOI, and CrediCorp. In a further boost to its institutional credibility, the World Bank Group is providing technical assistance, drawing on global experience with credit guarantee schemes to help establish regulatory frameworks and operational best practices.

The support from the World Bank is expected to help NCGC develop risk-sharing frameworks, performance benchmarks, and transparency tools to monitor the effectiveness of guarantees issued and to avoid moral hazards in loan issuance.

Reforming Nigeria’s Credit Sector

The creation of the NCGC comes at a time when Nigeria’s credit penetration remains critically low, with just 3 to 5 percent of Nigerians having access to formal credit, according to industry estimates. Collateral demands, high interest rates, and underdeveloped credit scoring systems have been major obstacles to growth.

While the Central Bank of Nigeria has attempted credit interventions through the Anchor Borrowers Programme and other lending schemes, the outcomes have been mixed, often plagued by repayment defaults and political interference.

By design, the NCGC is intended to act independently, using a risk-based framework to guarantee loans issued by commercial banks and microfinance institutions, thereby creating a viable lending ecosystem where banks can lend confidently and borrowers can access finance without excessive collateral requirements.

The establishment of the NCGC is also expected to complement President Tinubu’s recent move to launch the Nigeria Consumer Credit Corporation (CrediCorp), a parallel initiative focused on improving consumer credit access. Together, the two institutions are part of broader economic reforms aimed at boosting domestic demand, supporting small business growth, and fostering financial inclusion.

AI Content Creation Tools: Are Writers, Designers, and Marketers Being Replaced?

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The creative landscape is undergoing a seismic shift. AI-powered tools capable of generating articles, designing graphics, and crafting marketing campaigns have emerged at an astonishing pace. For professionals who’ve spent years honing their craft, this technological revolution raises an unsettling question: Is my job at risk?

Recent statistics show that 37% of businesses have already implemented AI in some form within their content creation workflows. The market for AI content tools is projected to reach $3.5 billion by 2026, growing at a rate that few could have predicted just five years ago.

But beneath the alarming headlines and doomsday predictions lies a more nuanced reality about the relationship between AI and creative professionals.

How AI Content Tools Are Transforming Work

The impact of artificial intelligence on creative fields varies significantly across different professions:

  • Writing: Tools like GPT-4 can generate blog posts, product descriptions, and even creative fiction.
  • Design: AI platforms can create logos, mockups, and visual assets based on simple prompts.
  • Marketing: Automated systems analyze consumer behavior and generate targeted campaigns.

Many entertainment platforms have embraced these technologies to enhance user experiences. For instance, gaming sites like Vulkan Bet login utilize artificial intelligence to personalize content recommendations and create more engaging user interfaces, demonstrating how AI can complement rather than replace human creativity.

The Capabilities and Limitations of Current AI

Today’s AI content tools excel at certain tasks while struggling with others. Understanding these boundaries helps clarify where human expertise remains essential.

What AI Does Well

It excels at processing vast amounts of data and identifying patterns. It can generate content quickly and efficiently, particularly for straightforward, template-driven formats. This makes it ideal for:

  • creating first drafts rapidly;
  • handling repetitive content tasks;
  • scaling content production;
  • optimizing existing content based on performance metrics.

Where AI Falls Short

Despite impressive advances, AI content tools still face significant limitations:

  • Authentic human experience: AI cannot draw from lived experiences, cultural nuances, or emotional depth.
  • Strategic thinking: While AI can execute, it struggles with high-level strategic planning.
  • Creative originality: AI works by recombining existing patterns rather than true innovation.
  • Ethical judgment: AI lacks the moral reasoning to make sensitive decisions about content.

The New Creative Partnership

Rather than a story of replacement, the emerging narrative is one of collaboration. The most successful professionals are finding ways to leverage artificial intelligence as a powerful assistant rather than viewing it as a competitor.

How Professionals Are Adapting

Writers, designers, and marketers are developing new workflows that incorporate AI while emphasizing uniquely human contributions:

  • Writers use AI to overcome writer’s block and generate outlines, then add their unique voices and insights.
  • Designers employ AI to create initial concepts and then refine them with their aesthetic judgment.
  • Marketers utilize AI for data analysis, allowing them to focus on strategic creativity.

To remain valuable in this evolving landscape, creative professionals should focus on developing capabilities that complement rather than compete with AI.

The Human Advantage

The most automation-resistant skills include:

  • Strategic thinking: Seeing the bigger picture beyond immediate content needs.
  • Emotional intelligence: Understanding subtle human motivations and responses.
  • Ethical reasoning: Making value judgments about appropriate content.
  • Cross-disciplinary creativity: Connecting ideas across domains in novel ways.

The Future of Creative Work: Emerging Roles

The relationship between the artificial intelligence and creative professions will continue to evolve. Current trends suggest several possible futures. New positions are already emerging at the intersection of AI and creative work:

  • AI prompt engineers who specialize in crafting effective instructions for AI systems.
  • Human-AI collaboration managers who optimize workflows between teams and technology.
  • Content authenticity specialists who ensure AI-assisted work maintain brand voice and values.

Embracing the AI Revolution

For creative professionals, the path forward involves neither blind resistance nor passive acceptance of AI tools. Instead, the most successful approach combines pragmatic adaptation with a focus on developing distinctly human capabilities.

By viewing artificial intelligence as a powerful collaborator rather than a replacement, writers, designers, and marketers can enhance their productivity while delivering even more valuable creative work. The future belongs not to AI alone, but to humans who learn to work alongside it effectively.

The creative professions aren’t disappearing—they’re transforming. And those who adapt will find new opportunities in this AI-augmented landscape.

Tekedia Capital Welcomes 100Pay, An Africa-built Crypto Infrastructure Company

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Tekedia Capital welcomes 100Pay, an Africa-built crypto infrastructure company, which enjoys Visa partnership, making it possible to introduce a new crypto-backed debit card, PayCard, aimed at simplifying global payments. In Nigeria, Africa and beyond, PayCard offers you the opportunity to spend up to $1m monthly: “Spend your crypto at physical and online stores with the PayCard on any Visa supported device or ATM machine”.

The PayCard supports over 22 cryptocurrencies, including Bitcoin, Ethereum, Solana, and USDT, giving users the flexibility to spend a variety of digital assets. It also integrates with digital wallets like Apple Pay and Google Pay, allowing for contactless payments and ATM withdrawals worldwide.

Hear from Brainy Josh, 100Pay CEO: “It’s a global Visa debit card that works on any Visa-supported device or ATM. You’re not holding Naira or any traditional currency—you’re holding cryptocurrencies like Bitcoin, Ethereum, and Solana. The advantage is that you can spend these assets directly without having to convert them first”.

100Pay is also introducing in Africa a digital asset bank – a bank that supports, banks and takes care of those whose assets are cryptos and more. In other words, you will have a bank that is designed for crypto lovers. Licensing ongoing in an African country!

Tekedia Capital welcomes Brainy and 100Pay to the home where unicorns are being bred. To learn more about 100Pay, go here https://100pay.co/ . To explore the PayCard with Visa, visit https://paycard.100pay.co/ . To learn more about Tekedia Capital, the investing friend of great entrepreneurs, visit capital.tekedia.com

BITCOIN Act Could Reshape U.S. Financial and Technological Policy

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The BITCOIN Act, aimed at establishing a Strategic Bitcoin Reserve and acquiring 1 million Bitcoin over five years, was introduced by Senator Cynthia Lummis in March 2025.  Senator Lummis announced President Trump’s support for the bill, which was expected to be discussed in Congress the following week. However, there is no definitive evidence in the provided information confirming that the bill was scheduled to hit Congress specifically the week of May 29, 2025.

The bill, formally known as the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act, directs the U.S. Treasury to purchase Bitcoin using existing Federal Reserve and Treasury funds in a budget-neutral manner, with the goal of holding it for at least 20 years to address national debt or financial strategy. The BITCOIN Act, formally the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act, proposes the U.S. acquire 1 million Bitcoin over five years to establish a Strategic Bitcoin Reserve, with President Trump’s reported support.

If passed, the U.S. acquiring ~5% of Bitcoin’s total supply could significantly drive up its price due to increased demand and reduced available supply. X posts suggest this could trigger volatility, with institutional investors potentially rushing to allocate funds, amplifying market swings. The bill aims to be budget-neutral, using seized Bitcoin, tariff revenues, and Federal Reserve funds to acquire Bitcoin, which would be held for at least 20 years. Proponents argue this could hedge against national debt or dollar devaluation, positioning Bitcoin as a “digital gold” for financial stability.

Supporters, like Senator Lummis, claim it could strengthen the U.S. dollar’s role in global finance by integrating Bitcoin as a strategic asset. Critics, however, warn it risks destabilizing markets if Bitcoin’s volatility persists. Critics, such as Peter Schiff, argue that funding the purchases through Federal Reserve mechanisms could exacerbate inflation by creating new money, potentially undermining the bill’s economic benefits.

The Act could legitimize Bitcoin as a state-backed asset, signaling federal confidence in blockchain technology. This might spur innovation in crypto-related industries and encourage institutional adoption. By treating Bitcoin as a strategic reserve, the U.S. could position itself as a leader in digital asset policy, potentially attracting global crypto businesses and talent, aligning with broader goals of boosting U.S. technological competitiveness.

The bill shifts U.S. crypto policy from regulatory oversight to active participation, potentially setting a precedent for other nations to adopt similar reserves. Proposals like “Bitcoin bonds” could integrate crypto into federal fiscal strategies, though details remain unclear. This could reshape how governments approach digital assets in debt management. Critics argue the bill could disproportionately benefit existing Bitcoin holders, potentially exacerbating wealth inequality.

The Act could mainstream Bitcoin, shifting its image from a speculative asset to a government-endorsed reserve, potentially increasing public and institutional trust. The bill, introduced by Senator Lummis with Republican co-sponsors, has garnered support from figures like Senators Jim Justice and Marsha Blackburn, and aligns with Trump’s pro-crypto stance. This partisan backing (6-0 Republican in the Senate) frames it as a conservative initiative.

Democrats like Senator Elizabeth Warren and Congressman Brad Sherman view Bitcoin skeptically, citing its use in illicit activities and threats to U.S. dollar dominance. This creates a partisan rift, with the bill facing an uphill battle in a divided Congress. The bill’s timing, close to the 2024 election, politicizes it further. Supporters see the bill as a forward-thinking move to embrace decentralized finance, countering inflation and enhancing U.S. competitiveness. They view Bitcoin as a hedge against fiat currency risks.

Critics, including some economists, argue that state-backed Bitcoin purchases risk financial instability due to its volatility and lack of intrinsic value. They fear it could undermine trust in traditional monetary systems. The crypto community on X is largely enthusiastic, seeing the bill as validation of Bitcoin’s strategic importance. However, mainstream skepticism persists, with concerns about environmental impacts of Bitcoin mining and its accessibility to average citizens.

The bill’s focus on government reserves may not address barriers to crypto adoption for underrepresented groups, potentially widening the gap between institutional and individual investors. The bill’s partisan nature and a divided Congress make passage uncertain, especially with potential veto threats from the current administration. Questions remain about how the reserve would be managed, including transparency (via a Proof of Reserve system) and state participation in segregated accounts.

Bitcoin’s price volatility could lead to significant losses if the market corrects after a government-driven price surge, posing risks to taxpayers. The BITCOIN Act could reshape U.S. financial and technological policy by legitimizing Bitcoin as a strategic asset, potentially boosting innovation and global competitiveness. However, it faces a stark divide: Republican enthusiasm versus Democratic skepticism, and crypto advocates versus traditionalist critics.