Accredited Solutions, Inc. Shifts Focus to Blockchain and AI in Telecom Settlements
TL;DR
Accredited Solutions, Inc. gains a strategic edge by acquiring ItsBchain, positioning itself as a leader in blockchain-based telecom and fintech solutions.
ASII's acquisition of ItsBchain integrates blockchain and AI to streamline telecom settlements, reducing fraud and optimizing transaction times globally.
This partnership aims to enhance global telecom trust and efficiency, making digital transactions more secure and accessible for everyone.
Discover how ASII and ItsBchain are merging blockchain, telecom, and AI to revolutionize global carrier settlements and interconnect transactions.
Found this article helpful?
Share it with your network and spread the knowledge!
Accredited Solutions, Inc. (OTC: ASII) has announced a significant strategic shift, focusing its operations on the acquisition of ItsBchain, a blockchain subsidiary with expertise in telecommunications infrastructure and settlement automation. This move underscores the company's ambition to lead in blockchain-based telecom and fintech solutions, highlighting the potential to transform global telecom settlements through innovation.
The acquisition of ItsBchain is poised to introduce a blockchain and AI-powered platform designed for voice, SMS, and data traffic settlements. This initiative aims to address critical industry challenges such as fraud reduction, settlement time optimization, and enhancing trust among telecom carriers worldwide. The leadership behind ItsBchain, including former CEOs of major Latin American telecommunications companies, brings over 25 years of industry experience, lending credibility and strength to this venture.
Eduardo Brito, CEO of Accredited Solutions, Inc., emphasized the transformative potential of this partnership, stating it represents a strategic opportunity to redefine telecom and fintech settlements. The company is set to officially launch this initiative shortly, marking a pivotal moment in its operational strategy.
In alignment with this new direction, Accredited Solutions, Inc. will rescind its Stock Purchase Agreement with Globetopper, citing the deal's potential for excessive dilution and the competitive nature of the e-gift card market. This decision reflects a focused approach towards more scalable and innovative opportunities in the blockchain and AI sectors.
The company is also nearing the completion of its financial audit, with plans to file updated financials and regain current status in the coming weeks. This strategic realignment and the forthcoming launch of ItsBchain's platform signal Accredited Solutions, Inc.'s commitment to pioneering solutions in the evolving landscape of telecom and fintech settlements.
Curated from NewMediaWire
