LAS VEGAS, Aug. 2, 2022 (GLOBE NEWSWIRE) — Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has retained a cryptocurrency, blockchain and cybersecurity expert to improve the architecture, functionality and management of the AABB Exchange to accelerate the achievement of operational milestones. The extensive project management experience specific to blockchain platforms and networks now added to the company’s digital asset development group is expected to significantly improve Exchange operations. Several analysis and assessment reports have already been completed to facilitate the planning and implementation of Exchange efficiencies and advancements.
“We are excited about the progress our Exchange group has already made with the additional expertise and leadership in place. Our Exchange operations are moving forward rapidly to achieve our core goals of a robust, efficient and user-focused Exchange with world-class security for our users and token holders,” said Chris Torres, AABB President and CEO.
In conjunction with the Exchange development, the company recently launched a preliminary promotional campaign for the AABBG gold-backed token and the AABB Exchange at Los Angeles Airport (LAX). The company plans to expand this marketing and advertising program as the Exchange enhancements roll out.
Through the AABBG token and the AABB exchange, the company embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration approach that strives for complete independence from FIAT currency.
About Asia broadband
Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply and sale of precious metals and base metals, primarily to Asian markets. The company uses its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from production and delivery of precious and base metals in Mexico to customer sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the company and creates distinctive shareholder value. In addition, the company has added a digital asset business segment and released its AABBG newly minted mine-to-token gold-backed cryptocurrency within its AABB wallet and a proprietary digital exchange AABBexchange. AABB expects the token to become a worldwide standard for exchange that is stable, secured and reliable with gold backing, while having the added benefit of demand-based price escalation. These are unique and outstanding qualities compared to other cryptocurrencies.
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Forward-looking statements are contained in this press release pursuant to the Private Securities Litigation Reform Act of 1995. These statements are based on Asia Broadband Inc.’s (the “Company’s”) anticipated current beliefs about the Company’s operations, which are subject to uncertainty and change. The operations and results of the company may deviate significantly from what is expressed or implied by the statements above when industry, regulatory, market and competitive conditions change. Further information on these risks can be found in the annual and quarterly information published by the company on the OTC Markets website. The company undertakes no obligation to update or change its forward-looking statements as future circumstances, events and information may change.