(MENAFN- News Direct)
Las Vegas, Nevada | 02 September 2022 08:00 Eastern Summer Time
The Bosphorus Bridge in Turkey was a marvel when it was completed in 1973.
The largest suspension bridge outside of America at the time, it was also the first to cross the famous Dardanelles Strait and join the continents of Europe and Asia. Still known today as the First Bridge in the city of Istanbul, this bridge is still a gateway between East and West and continues to capture the imagination with its promise of adventure and discovery.
Asia Broadband Inc. (OTC: AABB) is rolling out a new gateway, which it believes will not only connect Europe and Asia, but will connect consumers and businesses to the future of digital payments. Asia Broadband, a resource company that mines and sells mainly precious metals, is developing its new product PayAABB, a digital crypto payment platform that will help facilitate the expansion of financial options caused by the increase in transactions in alternative currencies. -p
In conjunction with the wallet, he created AABB Gold Token, a gold-backed mine-to-token cryptocurrency that seeks to bring gold into the future of cryptocurrencies while providing crypto, a notoriously volatile commodity, with the stability of gold by tying the minimum token value at the price of bullion. In January, he started a cryptocurrency exchange, the AABB Exchange, where cryptocurrencies can be traded privately and securely.
Asia Broadband describes its new product as an involvement with the “future of payments”. Nearly a quarter of small and medium-sized enterprises (SMEs) now accept or are looking to accept cryptocurrency payments, according to a new survey, and this is part of a significant trend towards the digitization of currency and payments. Asia Broadband is leading the charge in this new payment domain with its upcoming PayAABB product.
As Asia Broadband’s next step in its integrated crypto platform, PayAABB is a digital means for customers to pay businesses in crypto. Available both online and offline, once launched, the PayAABB gateway will synchronize all Asia Broadband crypto products into a unified whole. Payments can be made in over 400 cryptocurrencies, and by using an automatic transfer via the AABB Exchange system, businesses will be able to accept payments like a stablecoin.
PayAABB will offer customers significant payment flexibility. Payments can be made in various ways, including via email or text message or QR code, as well as via a social messenger or e-commerce site. The gateway will also be an attractive option for businesses, as it has no third-party fees, includes a high level of security including Google Authenticator and Secure Sockets Layer (SSL) certificate for encrypted transactions, and has essentially irreversible transactions.
PayAABB will also strengthen Asia Broadband’s existing crypto products. It will expand the options for the AABB portfolio, as the portfolio will soon include a commercial application program interface (API) for sellers. This will allow merchants to conduct business-to-customer (B2C) and business-to-business (B2B) transactions, as well as set up loyalty programs and other initiatives that maximize the accessibility of cryptocurrencies.
Additionally, the payment gateway will increase the versatility of AABBs Exchange, recently available as a mobile app. Asia Broadband has announced that AABB Exchange will be part of an exciting initiative to enter the non-fungible token (NFT) market with its proprietary digital products that will adapt to NFT transactions, a market that is currently worth $ 40 billion.
Asia Broadband’s suite of gold and cryptocurrency products is part of the company’s vision that ambitiously seeks “complete independence from fiat currency”. The company hopes the PayAABB gateway, once launched, will bring the company closer to this goal.
To find out more about Asia Broadband, visit her website.
To learn more about PayAABB, click here.
Asia Broadband, Inc. (OTC: AABB), is a high margin resources company focused on the production, supply and sale of precious and base metals primarily to Asian markets. Through its subsidiary, Asia Metals Inc., Asia Broadband focuses on acquiring highly prospective gold projects in well-established mining fields across Mexico. The company’s extensive contacts and industry experience facilitate innovative distribution from manufacturing and supply to customer sales networks in Asia. This vertical integration approach to sales transactions is AABB’s unique strength that differentiates the Company and creates distinctive shareholder value.
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