Over the last few months Asia Broadband Inc. made huge strides in its effort to create a global first gold backed crypto currency. Its Acaponeta project in Mexico is expected to have rapid development and high production with low operating costs and recently graded exceptionally well according to the geological report. This report revealed high-grade gold, silver and copper values from the non-targeted rock samples that were randomly collected throughout the property at the beginning of the due diligence procedures. Some of the most significant gold values were 10.4 grams per ton (g/t), 8.9 (g/t) and 6.8 (g/t). This further expands the hope for gold backed crypto currency and with the recent rise in gold prices and crypto currencies they should be able to expand in this market.
The news that Asia Broadband Inc. has made its AABBG Token business development in Central America a top priority with El Salvador making Bitcoin their national currency was supported by the following future moves.
- AABB will be targeting major Salvadoran retailers to engage in acceptance and processing agreements for customer purchases with AABBG.
- The creation of a Spanish version of the AABB Wallet and upcoming exchange is planned with the AABBG developer and will be initiated as soon as possible.
- AABB will be targeting major Salvadoran retailers to engage in acceptance and processing agreements for customer purchases with AABBG.
- AABB expects to open a satellite office in El Salvador in the near future to serve as the Company’s Central and South American hub for AABBG business development and marketing.
- The business development program is designed to afford substantial commission and discount incentives for retailers and customers to fulfill transactions with AABBG and facilitate circulation expansion.
Currently more that 2 million Salvadorans living in the US send approximately $5 billion USD to El Salvador each year and this accounts for more than 20% of the country’s GDP. Because these transactions are highly inefficient and can cost up to 50% in total fees and service charges the use of AABB Wallet will benefit the consumers drastically saving them time and money.
Its easy to see how Asia Broadband Inc, is quickly becoming a major player in the fast-growing crypto currency market and how their unique take could be the wave of the future.
About Asia Broadband Inc.
Asia Broadband Inc. 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. AABB also is releasing a freshly minted mine-to-token gold-backed cryptocurrency and expects to become a world-wide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies
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