On December 07, 2020, Core State Holdings, Corp., has entered into a definitive White Label License Agreement with Asia Broadband, Inc. (OTC: AABB) to create for them a gold-backed crypto currency and a PTPWallet-based crypto wallet.
Asia Broadband, Inc., 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 gold. The Company possesses a very experienced, dedicated team that will continue expanding its reach to different parts of the globe, primarily Asia. One of the directions the Company is taking is the integration and use of a gold-backed, ERC-20 crypto currency, alongside a very advanced White Labeled crypto wallet based on the PTPWallet foundation.
This will not only allow AABB to enter the crypto market, but it will allow the company to create liquidity and monetize gold production, all while offering its users and partners a dependable financial platform to store and use funds.
PTPWallet is a cryptocurrency wallet designed and developed by Core State Holdings, Corp. Through research, it is considered to be one of the most advanced wallets out on the market. The platform, since 2019, has processed the transactions of over 220,000 visitors; with a large demand for the platform shown by medium and large-sized businesses. Since launched in February of 2019, the platform has never been hacked. Some of the main features of PTPWallet are instant transactions, anonymous internal transactions, loyalty and referral programs, strong infrastructure, and ease of use.
Core State is honored to be assisting Asia Broadband, Inc. with reaching its strategic goals and helping the Company to expand. The company looks forward to working with AABB and will commence the development of the White Label and the gold-backed cryptocurrency as of December 07, 2020.
Here is the link to Yahoo’s Press Release.