Press Release
GST Payment Public-chain: “Specific Medicine” for Economic Crisis under the Epidemic
The history of mankind is a history of fighting against the epidemic and a history of scientific and technological development. The COVID-19 epidemic had swept the globe in 2020, causing global economic hardship and countless people fought against the epidemic. However, the Blockchain technology greatly played the role of on-chain efficiency (namely its characteristics, such as openness and transparency, promptness and efficiency, and convenient interaction) during the epidemic. The innovation based on Blockchain and digital asset is still comprehensively carried out, and plays a very important role especially in such fields as intelligent digital management of the epidemic, cross-border payment and supply chain financial service.
Now, the Blockchain technology is increasingly being used in the emerging market and one of the primary causes is the availability of liquidity. Furthermore, there is a strict public health target and quarantine guideline now and people can realize necessary contactless experience via digital asset. It can be predicted that this new COVID-19 epidemic has caused many payment service providers to rethink their business and operating models.
The digital asset is increasingly being recognized to be able to provide the convenience for payment, especially when it is combined with Blockchain technology. Although the epidemic still continues globally, the industry innovators have achieved remarkable growth in terms of extensible Blockchain payment solution. With Blockchain as the carrier, GST builds a new payment public Blockchain ecology, and enhances the payment speed and realizes high reliability, improves data transparency and accomplishes the reduction of long-term operating costs by the technical advantages of the Blockchain (such as distributed storage, openness, transparency and data traceability).
The cross-border payment is a good example. The real-time settlement of cross-border payment is deemed as a business requirement by many people and required by the consumers and enterprises. The GST Blockchain payment solution deeply has solved the problem relating to the cross-border payment and improved the portability and security of currency. GST can carry out payment and settlement in the premise of avoiding various central controls, is born with transnational nature, free from any geographical restriction and anonymous and tamper-proof, and can transfer the fund all over the world within several minutes.
Now, GST is carrying out GSTswap project. GSTswap is a completely decentralized digital currency exchange platform developed based on GST bottom layer. The functions of GSTswap (such as exchange, market-making capital pool and creation of trading pair) are realized by the smart contract. Each transaction is conducted by the wallet account with contract signature verification implemented, thus the record about each transaction can be found on the Blockchain; The market making is free without amount threshold limit. Everyone can participate in it and benefit from it.
Moreover, GST deems that when the financial crisis is incurred by the current epidemic, the DeFi on the Blockchain suddenly rises due to its special properties and functions and will help more people to deal with and even get rid of the crisis influence and become the “specific medicine” for overcoming the crisis, (such as avoiding risk of dollars entering the centralized stablecoins and potential financial needs vigorously promoting the DeFi lending).
There are many folk requirements of avoiding risk from buying dollars with other currencies via specialized channels and converting them into various dollar stablecoins. Because the stablecoin stock continuously increases, lots of idle centralized dollar stablecoins are with huge financial needs. Most of such stablecoins are ERC20 tokens issued via Ethereum (such as USDT and USDC) which is applicable to lending for bearing interest and transaction directly in the current DeFi agreement. As various stablecoin holders realize the liquidity and safety advantages of DEFI’s lending, there will be a large number of centralized stablecoins entering the DeFi lending and financing for bearing interest in the future.
GST also thinks that the DeFi payment and transaction will become the green channels of capital control country. Although the capital control is the requirement of protecting financial stability, it has seriously affected the normal trading and investment needs of enterprises and individuals actually, especially in some countries with relatively backward financial infrastructure, such as Egypt and Vietnam. The capital control will cause the citizens have no access to international financial infrastructure. The country’s financial infrastructure is inadequate, and even the country fails to provide the reliable basic financial services, such as cross-border transfer and transaction of financial assets. The GST DeFi payment is characterized by no border and resistance to review, as a result, the users in the controlled countries can carry out cross-border and domestic payment and transaction, and even invest DeFi synthetic assets to participate in international financial markets.
After each big crisis, some old industrial ecologies will be destroyed and the new formats will appear from the ruins. As the financial infrastructure established on the next-generation Internet, the Blockchain is believed to officially become the mainstream and provide the really inclusive, safe, reliable and reasonable financial services for the whole world after the unprecedented global epidemic+ economic crisis.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Jia Signs Netbank as First Institutional Partner, Opening Its SME Lending Infrastructure to Banks and Lenders
Los Angeles, United States, July 16th, 2026, FinanceWire
Proven on US$20M in Philippine SME loans with a sub-3% NPL rate, Jia’s AI underwriting infrastructure Ossicone is now available for banks, cooperatives and lending companies to deploy under their own brand
Jia, a financial platform serving businesses across emerging markets, today announced a landmark partnership with Netbank, a bank regulated by the Bangko Sentral ng Pilipinas, marking the first time Jia has opened its lending infrastructure to an outside institution. As part of the partnership, Netbank has extended Jia a $2 million credit facility, Jia’s first institutional credit facility in the Philippines, to fund working capital loans for up to 500 SMEs over the next 12 months, and is powering Jia Accounts, a new business banking product for Philippine SMEs that lets borrowers receive funds and manage repayments in a single regulated flow
The partnership is the latest milestone in Jia’s expansion from lender to platform. Since 2022, Jia has originated more than US$20 million in SME loans in the Philippines with a non-performing loan rate below 3% and zero write-offs, against an industry average of 10% to 15%. That track record was built lending to the businesses most institutions overlook such as retailers, distributors, and inventory-heavy companies with proven order flow and a history of repayment, underserved not by their own performance but by the limitations of conventional credit assessment.
At the center of Jia’s infrastructure is Ossicone, its proprietary AI underwriting engine. Ossicone reads the documents that define how emerging market businesses actually operate – purchase orders, supplier invoices, delivery receipts – and returns a credit decision in under 30 minutes at 97% accuracy. No public training set exists for how Philippine SMEs trade, pay, and borrow. Jia has spent three years building one, sharpened by every loan on its book. With Jia Accounts now live, real-time cashflow data feeds directly into Ossicone’s models, compounding its accuracy over time.
SMEs across emerging markets face an estimated US$8 trillion credit gap that legacy banks are structurally unable to close. Jia is now making the infrastructure it built and proved on its own balance sheet available to the banks, cooperatives, and lending companies that want to close it. Through Ossicone via API and a white-label product, any financial institution can deploy Jia’s accounts, underwriting, and capital connectivity under its own brand, without rebuilding core infrastructure. Netbank is the first institution to build on that infrastructure — pairing the banking rails behind Jia Accounts with Ossicone-powered underwriting — validating a model Jia is now extending to banks, cooperatives, and lending companies across the region.
“Every emerging market has thousands of businesses growing fast, paying on time, and waiting for a bank that can see them clearly,” said Zach Marks, CEO of Jia. “We spent three years building the infrastructure to do that and proving it on our own balance sheet. Now we’re opening it to other institutions, because the opportunity is too large for any one lender to capture alone.”
“There is no public dataset for Philippine SME financial documents. That’s the moat,” said Krizanne Ty, President and Country Head at Jia Philippines. “Every loan has sharpened Ossicone’s accuracy, and now that businesses bank with Jia, their live cashflow feeds directly into the models — making them better for every SME on our book and every institution building on our platform.”
Financial institutions interested in deploying Jia’s infrastructure can reach the team at partners@jia.xyz.
About Jia
Jia is the financial operating system for emerging market businesses, combining business banking, AI-powered underwriting, and capital connectivity in a single platform. Validated on its own live loan book in the Philippines since 2022, Jia now makes the same infrastructure available for banks, cooperatives, and lending companies to deploy under their own brand. Jia is led by a team that has scaled fintech businesses and managed more than US$10 billion in assets across emerging markets, and is backed by leading global fintech investors. Users can learn more at jia.xyz.
Contact
Partner
Maggie Philbin
VSC for Jia
press@jia.xyz
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Jia Signs Netbank as First Institutional Partner, Opening Its SME Lending Infrastructure to Banks and Lenders
Los Angeles, United States, July 16th, 2026, FinanceWire
Proven on US$20M in Philippine SME loans with a sub-3% NPL rate, Jia’s AI underwriting infrastructure Ossicone is now available for banks, cooperatives and lending companies to deploy under their own brand
Jia, a financial platform serving businesses across emerging markets, today announced a landmark partnership with Netbank, a bank regulated by the Bangko Sentral ng Pilipinas, marking the first time Jia has opened its lending infrastructure to an outside institution. As part of the partnership, Netbank has extended Jia a $2 million credit facility, Jia’s first institutional credit facility in the Philippines, to fund working capital loans for up to 500 SMEs over the next 12 months, and is powering Jia Accounts, a new business banking product for Philippine SMEs that lets borrowers receive funds and manage repayments in a single regulated flow
The partnership is the latest milestone in Jia’s expansion from lender to platform. Since 2022, Jia has originated more than US$20 million in SME loans in the Philippines with a non-performing loan rate below 3% and zero write-offs, against an industry average of 10% to 15%. That track record was built lending to the businesses most institutions overlook such as retailers, distributors, and inventory-heavy companies with proven order flow and a history of repayment, underserved not by their own performance but by the limitations of conventional credit assessment.
At the center of Jia’s infrastructure is Ossicone, its proprietary AI underwriting engine. Ossicone reads the documents that define how emerging market businesses actually operate – purchase orders, supplier invoices, delivery receipts – and returns a credit decision in under 30 minutes at 97% accuracy. No public training set exists for how Philippine SMEs trade, pay, and borrow. Jia has spent three years building one, sharpened by every loan on its book. With Jia Accounts now live, real-time cashflow data feeds directly into Ossicone’s models, compounding its accuracy over time.
SMEs across emerging markets face an estimated US$8 trillion credit gap that legacy banks are structurally unable to close. Jia is now making the infrastructure it built and proved on its own balance sheet available to the banks, cooperatives, and lending companies that want to close it. Through Ossicone via API and a white-label product, any financial institution can deploy Jia’s accounts, underwriting, and capital connectivity under its own brand, without rebuilding core infrastructure. Netbank is the first institution to build on that infrastructure — pairing the banking rails behind Jia Accounts with Ossicone-powered underwriting — validating a model Jia is now extending to banks, cooperatives, and lending companies across the region.
“Every emerging market has thousands of businesses growing fast, paying on time, and waiting for a bank that can see them clearly,” said Zach Marks, CEO of Jia. “We spent three years building the infrastructure to do that and proving it on our own balance sheet. Now we’re opening it to other institutions, because the opportunity is too large for any one lender to capture alone.”
“There is no public dataset for Philippine SME financial documents. That’s the moat,” said Krizanne Ty, President and Country Head at Jia Philippines. “Every loan has sharpened Ossicone’s accuracy, and now that businesses bank with Jia, their live cashflow feeds directly into the models — making them better for every SME on our book and every institution building on our platform.”
Financial institutions interested in deploying Jia’s infrastructure can reach the team at partners@jia.xyz.
About Jia
Jia is the financial operating system for emerging market businesses, combining business banking, AI-powered underwriting, and capital connectivity in a single platform. Validated on its own live loan book in the Philippines since 2022, Jia now makes the same infrastructure available for banks, cooperatives, and lending companies to deploy under their own brand. Jia is led by a team that has scaled fintech businesses and managed more than US$10 billion in assets across emerging markets, and is backed by leading global fintech investors. Users can learn more at jia.xyz.
Contact
Partner
Maggie Philbin
VSC for Jia
press@jia.xyz
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Nova Junk, a family-owned junk removal company based in Alexandria, Virginia, celebrates two decades of responsible hauling, recycling, and donation services across the Washington DC metro region.
Washington, United States, 16th Jul 2026 – Nova Junk, a locally owned junk removal company serving Washington, DC, Northern Virginia, and Maryland, is marking its 20th year in business. Founded on September 11, 2005, according to information published on the company website, the company has grown from a two-person family operation into a multi-service hauling company with a team that includes extended family members and long-tenured employees.
Nova Junk provides junk removal, estate cleanouts, office cleanouts, construction debris removal, yard debris hauling, shed removal, hot tub disposal, and labor-only services, according to the company website. The company serves communities throughout the Washington DC metro area, including Alexandria, Fairfax, Arlington, Bethesda, Montgomery County, and Prince George County.
A distinguishing feature of Nova Junk’s operating model is its three-stage disposal process: donate, recycle, and landfill. According to information published on the company website, the team sorts through all collected material, first setting aside items that can be donated to local charities and then separating recyclable materials such as batteries, printers, and refrigerators. Only the remainder goes to the landfill, and the company states that it typically sends just one third of collected material to the dump.
The company is licensed and fully insured, according to the company website, and places a strong emphasis on punctuality and transparent pricing. Nova Junk states that final charges are adjusted downward when a load turns out to be smaller than estimated, a policy highlighted repeatedly in customer reviews published on the company website.
“We started this company as a family and grew it the same way – by treating every customer’s home and business the way we would want ours treated,” said Norman Elbekri, Co-founder at Nova Junk. “After 20 years we are still committed to the same values we started with: honest pricing, responsible disposal, and service that people can count on.”
Nova Junk serves both residential and commercial clients. Services extend to de-cluttering and hoarding solutions, moving and foreclosure cleanouts, and demolition site cleanup. The company operates from two locations – 2000 Duke Street in Alexandria, Virginia and Smoketown Road in Woodbridge, Virginia – and can be reached at novajunk.com.
About Nova Junk
Nova Junk is a family-owned junk removal company founded in 2005, serving Washington, DC, Northern Virginia, and Maryland. The company provides residential and commercial hauling, estate cleanouts, construction debris removal, and specialty services including shed and hot tub removal. Nova Junk is committed to responsible disposal through a donate-recycle-landfill approach that minimizes landfill impact. Learn more at https://www.novajunk.com
Media Contact
Organization: Nova Junk
Contact Person: Norman Elbekri Co-founder
Website: https://www.novajunk.com/
Email:
info@novajunk.com
City: Washington
Country:United States
Release id:47175
The post Nova Junk marks 20 years of eco-friendly junk removal in the Washington DC area appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Jia Signs Netbank as First Institutional Partner, Opening Its SME Lending Infrastructure to Banks and Lenders
Jia Signs Netbank as First Institutional Partner, Opening Its SME Lending Infrastructure to Banks and Lenders
Nova Junk marks 20 years of eco-friendly junk removal in the Washington DC area
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