by Kimberly Gasuras | Freelance Author
BUCYRUS — As technology continues to reshape global finance, understanding cryptocurrency is becoming increasingly important. Bucyrus native John Chavatzas, founder of Digital Diamond LLC, wants to make that learning curve a little easier. His goal: to help people learn, invest wisely, and prepare for what he calls “the next big boom” in digital assets.
“Cryptocurrency is a digital or virtual currency that uses cryptography for security,” Chavatzas explained. “It allows secure online payments without traditional intermediaries like banks and operates on decentralized networks—most commonly through blockchain, which acts as a public ledger recording every transaction.”
While some cryptocurrencies can be used for purchases, most investors currently view them as speculative assets due to their volatility. But Chavatzas said a major upgrade in global payment systems could soon bridge the gap between traditional banking and blockchain technology.
A Global Shift in Finance
In the coming months, financial institutions worldwide will complete their migration to ISO 20022, a new international messaging standard that modernizes how banks communicate and transfer money.
“This shift isn’t just technical,” Chavatzas said. “It could open major opportunities for certain digital assets that align with the future of banking infrastructure.”
The ISO 20022 system replaces decades-old formats with XML-based data fields, allowing banks to exchange richer, more detailed information about transactions. According to Chavatzas, this means faster, more transparent, and more secure transfers between institutions around the world.
“Banks will be able to communicate more effectively,” he added. “And tokens that serve as settlement layers or bridges for financial transactions—like XRP, XLM, ADA, HBAR, ALGO, QNT, XDC, and IOTA—may see significant growth as a result.”
From Curiosity to Career
Chavatzas’s interest in cryptocurrency began in 2021 when his cousin introduced him to digital investing.
“I started researching and investing, and soon after I began helping friends and family see major returns on their early investments,” he said.
That experience inspired him to launch Digital Diamond LLC, a company focused on education and digital asset security. The business provides workshops, online content, and one-on-one guidance for people eager to understand cryptocurrency without the hype.
“I wanted to protect my own investments and share what I’ve learned,” he said. “We educate through workshops and through shared reels and posts on our Facebook page.”
Upcoming Workshop
Digital Diamond LLC will host its first public workshop on Saturday, Nov. 15, at the Holiday Inn and Suites, 1575 N. Sandusky Ave., Bucyrus.
- Registration: 10:30–11 a.m.
- Workshop: Begins at 11:15 a.m.
- Cost: $50 per person or $75 per couple
Participants will learn how to safely purchase cryptocurrency, transfer it off exchanges, and distinguish between tokens with real-world use cases and those meant primarily for long-term holding.
“We’re not financial planners, and we always tell people to research before investing in anything,” Chavatzas said. “But we can show you how to protect your assets and understand where the industry is heading.”
Looking Ahead
With two decades of experience in the information-technology field and five years of hands-on crypto involvement, Chavatzas believes blockchain technology and asset tokenization—the process of turning real-world items like property or company shares into digital tokens—represent the next major evolution in finance.
“Imagine being able to buy shares of a company like Google or Amazon for under five dollars,” he said. “That’s the kind of accessibility tokenization could bring.”
Through Digital Diamond LLC, Chavatzas hopes to ensure local residents aren’t left behind in that transformation.
“Education is power,” he said. “The more people understand this technology, the better prepared they’ll be for the future of finance.”
