Wall Street Signals: Asia Broadband Proprietary Cryptocurrency Exchange Development Update and Distinctive Features

Asia Broadband Proprietary Cryptocurrency Exchange Development Update and Distinctive Features


Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has continued to achieve numerous development milestones in the initial months of building its proprietary cryptocurrency exchange (the “Exchange”). 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 version of AABB Wallet has been under development. The Exchange will allow AABB Wallet users to complete quick two-way exchanges of their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. The proprietary Exchange will also add tremendously to transaction fee revenues and allow for the price appreciation of AABBG beyond the price of gold, influenced by market demand and the limited supply of tokens released into circulation.

Following a while of advancement, the Exchange fruition timetable is on its way for testing in mid-August with the live Exchange dispatch expected toward the beginning of September. Around then, clients will have two types of trade accessible for exchanges. The Quick Exchange will take into account the fast exchange of one cash for another at the best offered cost and the Advanced Exchange will permit clients to physically set purchase or sell orders at a chose cost. 

The Exchange will likewise have in any event 20 exchanging sets and the significant digital currencies additionally being matched with AABB Gold (AABBG) token. With the new ascent in gold and decrease of significant cryptographic forms of money, AABBG has become promising cash. As gold expansions in cost, so does the base cost of AABBG, making it an ideal store of significant worth speculation and future technique for installment for buy exchanges.

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. It will be capable of implementing various modules, including broker modules, functionality allowing for the issuance of crypto-secured loans, a credit/gift card module, and a module that connects retail chains.

Concluding the second month of the Exchange development has led to the completion of the following milestones and the imminent uploading of new versions of the AABB Wallet application to the iOS and Android platforms that will include the updates below:

- Blockchain network upgrade will allow users to instantly display transactions on their account

- Upgrade to add the Ripple (XRP) network to increase the platform's bandwidth to reduce the direct fees charged to users and the platform

- Entire Ethereum network upgrade and all 16 tokens, including AABBG, to increase throughput, transaction speed and allow adding any token to the Exchange to create another trading pair for AABBG

- Know Your Customer optimization is completed and a new KYC form will be added for users convenience and to satisfy regulatory reporting requirements

- Creation of the Web version of AABB Wallet has begun and is scheduled for completion by the end of June, with the testing and installation phases to follow

- aabbgoldtoken.com email database has been upgraded to facilitate sending bulk emails of updates and marketing content.

About Asia Broadband

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 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. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. The Company has recently released its freshly minted mine-to-token gold-backed cryptocurrency AABB Gold token (AABBG) and strives to become a worldwide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies.

Contact the Company at:

Company Website: www.asiabroadbandinc.com
Token Website: www.AABBGoldToken.com
Phone: 702-866-9054