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 the services of a cryptocurrency, blockchain and cybersecurity expert to improve the architecture, functionality and governance of the AABB Exchange to accelerate the achievement of operational milestones. The extensive project management experience specific to blockchain platforms and networks now being added to the company’s digital asset development group is expected to significantly improve Exchange’s operations. Several analysis and assessment reports have already been written to help plan and execute Exchange efficiencies and progress.
“We are pleased with the progress our Exchange group has already made with the additional expertise and leadership now in place. Our exchange operations are progressing rapidly to achieve our core goals of a robust, efficient and user-centric exchange with world-class security for our users and token holders,” said Chris Torres, President and CEO of AABB.
Alongside the exchange development, the company recently launched a preliminary advertising 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 Exchange enhancements are rolled out.
Through the AABBG token and the AABB exchange, the company adopts a pioneering philosophy with its completely unique Mine-to-Token vertical integration operational approach, striving to achieve full independence from the FIAT currency.
About Asian Broadband
Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily in the 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 vertically integrated approach to sales transactions is AABB’s unique strength that differentiates the company and creates significant shareholder value. In addition, the company has added a digital asset business segment and launched its newly minted AABBG gold-backed mine-to-token cryptocurrency in its AABB wallet and proprietary digital exchange AABBExchange. AABB expects its token to become a stable, secure and reliable gold-backed global exchange standard, while having the added benefit of demand-driven price appreciation. These are unique and exceptional qualities compared to other cryptocurrencies.
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Forward-looking statements are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on Asia Broadband Inc.’s (the “Company’s”) anticipated current beliefs regarding the company’s business. , which is subject to uncertainty and change. The company’s operations and results may differ materially from what is expressed or implied by the above statements when industry, legislative, 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.