Accredited Solutions Expands Blockchain Fintech Strategy with ItsBChain Acquisition
TL;DR
ASII gains a substantial competitive advantage by acquiring ItsBChain, enhancing secure, efficient, and scalable fintech solutions.
The acquisition enables ASII to leverage blockchain technology for secure transactions, fraud reduction, and operational efficiencies in digital finance.
ASII's acquisition of ItsBChain enhances global financial security and transparency, advancing future payment solutions for partners and customers.
ItsBChain's platform synergizes with e-gift payments, reducing costs and accelerating market entry, shaping the future of blockchain-based financial services.
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Accredited Solutions, Inc. (OTC: ASII) is set to strengthen its position in the fintech sector through the strategic acquisition of ItsBChain LLC, a blockchain technology subsidiary of iQSTEL Inc. The planned acquisition represents a significant step toward expanding the company's digital finance capabilities and blockchain-powered payment ecosystems.
The merger aims to leverage ItsBChain's telecommunications blockchain expertise with Accredited Solutions' existing e-gift card and prepaid financial services portfolio. By integrating blockchain technology, the company expects to enhance transaction security, reduce fraud, and improve operational efficiencies across its digital payment solutions.
CEO Eduardo Brito emphasized the strategic importance of the acquisition, noting that blockchain technology represents the future of payments. The integration is expected to create substantial competitive advantages, potentially reducing time-to-market by approximately 70% and opening new revenue streams.
The definitive purchase agreement is anticipated to be executed by July 1, 2025. This move aligns with Accredited Solutions' broader strategy of providing innovative fintech enterprise solutions and digital payment services to corporations, telecommunications operators, and online retailers.
The acquisition signals a significant commitment to technological innovation in the financial services sector, showcasing how blockchain can transform digital transactions and payment processing. By positioning itself at the forefront of this technological evolution, Accredited Solutions aims to deliver enhanced value to its shareholders and customers.
Curated from NewMediaWire
