He argued that the USD dollar didnt 100% back the coin, therefore it might not be as stable as it claims. Special attention is allocated to regulations imposed on the cryptocurrency market by regulatory authorities in North America and Europe. In January 2021, Asia Broadbandannouncedits allocation of $10 million for the initial development program, with the aim of accelerating operations at the Colima site toward production. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. Tokenized assets can represent full or partial ownership of other assets, such as real estate, vehicles, precious metals, and more. LAS VEGAS, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC : AABB) is pleased to announce that Core State Holdings, Corp. (CSHC) has completed the development of the AABB Wallet for the Companys gold-backed cryptocurrency token and is in the process of testing the iOS and Android versions of the platform. In other significant events of the Company this week, on Wednesday December 9, 2020, AABB has scheduled a special meeting in Mexico City with management committee representatives of Joint Venture Partner, Qiangda Investments & Economics Co. Ltd., to discuss a proposal regarding the Guerrero Gold Belt (GGB) mine property and operations in Mexico. The platform was developed to offer businesses instant transactions, and much more. Tether was the biggest cryptocurrency as of February 22nd, with a $109 billion 24-hour volume. These cookies will be stored in your browser only with your consent. It is mandatory to procure user consent prior to running these cookies on your website. AABB also is releasing a freshly minted mine-to-token gold-backed cryptocurrency and expects to become a world-wide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies. Once testing has been completed and. You can opt-out if you wish. We provide blockchain services and ready-made products. All Rights Reserved. CSHC has also built a branded website for the AABB Gold token and is collaborating with the Company to plan the launch of a marketing campaign. The Company, in order to ensure the liquidity of the exchange, is working on providing instant transactions within the platform. For more information, visit the companys website at www.AsiaBroadbandInc.com. The Company is currently in the process of creating an automated purchase mechanism allowing users to purchase AABB Gold (AABBG) tokens directly within AABB Wallet upon launch. Learn more. ABB Canada - Leading digital technologies for industry. Asia Broadband Inc. (OTC: AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. For more information, please visithttps://www.investorwire.com, Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published:http://ibn.fm/Disclaimer, InvestorWire (IW)8033 Sunset Blvd Suite 1037-IWLos Angeles, CA 90046310.299.1717 Officewww.investorwire.com[emailprotected]. Think of it as barter trade. Any process can benefit from decentralization, optimizing its operations by putting the entire chain of intermediaries on an equal footing. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. Tokenization is one of the many areas that blockchain technology has already transformed, changing our understanding and approach to the use of tokens. Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. Its unlike anything youve seen before. We provide blockchain services and ready-made products. Theaverage per day is 144, and each throws 6.25 coins into circulation. Core State Holdings Corps provides clients with a customized blockchain solution that will enable them to expand their business, attain their vision, and increase customer confidence in the company., says Oleg Cheine, CEO and Co-Founder of Core State Holdings Corp. Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. Through extensive research, it is considered to be one of the most advanced wallets available in the crypto sector . #StockMarket #StockMarketCrash #banking. Year founded. High liquidity means low price manipulation, more accurate crypto prices. Conclusion Tokenization provides endless opportunities for businesses to test out new markets, being either a user or a creator. December 08, 2020 08:00 ET This automatically makes our platform competitive in a growing and constantly evolving market.With additional clients comes additional features implemented, and a larger userbase. About Asia BroadbandAsia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. Telegram: https://bit.ly/3KbviBe Since launched in February of 2019, the platforms advanced security has never been compromised. It is important to understand that blockchain networks provide encryption and traceability of each transaction within the informational block. Asia Broadband (OTC: AABB), a company that utilizes its specific geographic expertise, experience, . A very illiquid market can allow one large entity, or a group of entities, to manipulate the price to their advantage. For those who possess an in-house development team, businesses are also able to acquire an independent standalone platform for further individual development. Once the testing has been completed, CSHC will start the upload of the applications to the Google Play Store and Apple App Store, prior to the full transfer of the Apps to the Company. A place to openly discuss AABB stock. Businesses are able to earn direct sales revenue from transaction fees, are able to sell their services directly to users, and with the help of our partners offer users the ability to off/on-ramp crypto. PTPWallet is the worlds most advanced blockchain wallet. Core State Holdings, Corp.(CSHC) has completed development and testing of theAABB WalletforAsia Broadband, Inc. (OTC:AABB). This website uses cookies to improve your experience. AABB has recently released its freshly-minted mine-to-token gold-backed cryptocurrency AABB Gold token (AABBG) and is working to become a worldwide standard of exchange, one that is secured and trusted with gold backing. Industrial Alliance Insurance and Financial Services Inc. offers products and services in the following sectors: Personal insurance. The key features and benefits of the PTPWallet are: instant transactions, anonymous internal transactions, loyalty and referral programs, strong infrastructure, and ease of use. Visit www.AsiaBroadbandInc.com for more info. Asia Broadband Inc. LAS VEGAS, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., announced today that the Company has signed a definitive development agreement with Core State Holdings, Corp., a digital assets and crypto wallet creator, to produce a white label gold-backed cryptocurrency coin. As gold slowly increases in price, so does AABBG, making AABBG great not only for storing investments but also for making sale/purchase-related transactions. United States and Canada distributions have unlimited word count. Tokenization is one of the many areas that blockchain technology has already transformed, changing our understanding and approach to the use of tokens. Subsequent to the Exchange launch, the continued development collaboration between CHSC and Asia Broadband, Inc. will facilitate the creation of a next-level modular Digital Assets Exchange. There are about 900 new coins in the market every day as of 2021. How is the ABB's Marrette PRO-BLU 933 wire connector made? With the introduction of blockchain technology, tokenization applications that previously helped protect users personal financial information, and the security of their transactions, have received a completely new use case. The Exchange will also have at least 20 trading pairs and the major cryptocurrencies also being paired with AABB Gold (AABBG) token. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. 11% utilize it for making payments for goods and services. We can develop custom projects as well. The Company is currently in the process of creating an automated purchase mechanism allowing users to purchase AABB Gold (AABBG) tokens directly within AABB Wallet upon launch. The best blockchain technology for their industry. In December 2020, Asia Broadbandannouncedits entry into a definitive development agreement with Core State Holdings Corp., a digital assets and crypto wallet creator, to produce a white label gold-backed cryptocurrency coin. So how are these traders using this type of crypto? CSHC has also commenced the creation of the cryptocurrency exchange that will allow users to quickly exchange their AABB Gold tokens for cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Group insurance (employee plans, dealer services and special markets solutions) Group savings and retirement. Tokens can simplify account registration and ownership registration, as well as simplify other elements of transactional operations. Subsequent to the March launch of the Companys AABBG gold-backed token, created with developer Core State Holdings, Corp. (CSHC), AABBs own proprietary cryptocurrency Exchange has been under development. The Company expects to go live with the launch of its AABB Gold (AABBG) token within the next several weeks. On the basis of the PTPWallet platform, we are helping businesses tokenize their assets on blockchain networks such as ERC-20 or BEP-20; alongside other networks that offer flexibility. The AABB Wallet is considered by CSHC as the newest form of thePTPWallet. The Company is currently in the process of creating an automated purchase mechanism allowing users to purchase AABB Gold (AABBG) tokens directly within AABB Wallet upon launch. Tokenization of precious metals such as gold, platinum, or silver can allow the creation of tokens that are guaranteed to be stable tokens, tied to the value of precious metals. Viewed as a revenue diversification and awareness project that will create liquidity and monetize gold production, the Company is excited to collaborate with Core States expert cryptocurrency team and will release further details of the gold-backed crypto coin project as development objectives are achieved. The new version will allow users to upload information in a more understandable way and the platform will automatically report if required information to the necessary local regulatory authorities upon request; or if a user went against the local PCMLTFA guidelines. 2023, Nasdaq, Inc. All Rights Reserved. Asia Broadband Inc. AABB has launched the development process with Core State to plan the details of the design, branding, implementation and milestone events schedule for the gold-backed crypto coin. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. Bitcoins price has grown by 66% in February 2021. Further partnership between Core State Holdings, Corp. and Asia Broadband, Inc. will allow us to create a next-level modular Digital Assets Exchange, capable of implementing various modules, like: certain modules for brokers, functionality allowing for the issuance of crypto-secured loans, a credit/gift card module, a module connecting retail chains, and so on. This will be an outstanding quality relative to other cryptocurrencies. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. InvestorWire is part of theInvestorBrandNetwork. It is advantageously located, with direct access to main Highway #3, and the property also has an essential natural water supply. The economic fundamentals of Indias high demand and interest in physical gold and Chinas expanding use of its national digital currency and digital wallets could naturally lend themselves to the future use of AABBs gold-backed cryptocurrency coin. Ether was recently changing hands at about $2,075, while other major cryptos, such as ARB and ADA, both declined about 3%. #GoldenBaboons .com #NFT Registration Deadline Today For Next Week Purchase at Inaugural MINT Event on February 28, 2023. These symbols will be available throughout the site during your session. In 2020, optimization of the platform allowed us to begin selling White Labels, with over 30 customers adopting this technology. Core State Holdings, Corp. ("CSHC") has completed development and testing of the AABB Wallet for Asia Broadband, Inc. (OTC: AABB ). Research reveals energy concerns impacting business competitiveness, the workforce and decarbonization. Report this post Per the press release, previous geophysics and groundwork have revealed strong indications of significant mineralization in multiple sectors of the property. LAS VEGAS, Feb. 23, 2021 (GLOBE NEWSWIRE) Asia Broadband Inc. (OTC: AABB) is pleased to announce that cryptocurrency wallet and token developer Core State Holdings, Corp. (CSHC) is continuing to modify the set-up and move through the final stages of testing of the iOS and Android AABB Wallet applications, including the implementation of an . LAS VEGAS, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., announced today that the Company has signed a definitive. The qualities of AABBG allow for benefits from gold and cryptocurrency markets, with the stability of the price of gold at a minimum and the potential for price appreciation from both markets. In order to continue to be in proper compliance with these regulations, and make the process easier for users, the Company is further optimizing the KYC/AML platform. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. With the rise of gold, and the slow descend of Bitcoin before another rise in 2022/2023, AABBG is becoming a promising currency. About Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. Set up a Live demonstration. Press releases, articles and other content published by InvestorWire are the legal responsibility of the author or source of such content. The word tokenization in the context of blockchain refers to a highly secure process of converting property or financial assets into digital assets. LAS VEGAS, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC : AABB) is pleased to announce that Core State Holdings, Corp. (CSHC) has completed the development of the AABB Wallet for the . Core State Holdings, Corp.'s Post Core State Holdings, Corp. 1,727 followers 1h Contact the Company at: PTPWallet.com The most advanced blockchain wallet on the market! About: Core State Holdings, Corp. is a software development company based in Ontario, Canada. Subsequent to the recent launch of the Company's AABBG gold-backed token, created with developer Core State Holdings, Corp. (CSHC), AABB's own proprietary cryptocurrency Exchange. 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