Asia Broadband Accelerates Digital Assets Development Improvements As Cryptocurrency Markets Gain Upward Momentum

Rhea-AI Summary

Asia Broadband (OTC: AABB) has accelerated the enhancement of its digital assets division, including key upgrades to the AABBG token, AABB Exchange, and PayAABB, set for launch in the upcoming weeks and throughout Q2 2023. Collaborating with experts in cryptocurrency, blockchain, and cybersecurity, AABB aims to reduce transaction costs and increase processing speeds, liquidity, and user satisfaction. The recent positive trend in cryptocurrency markets is expected to further enhance the impact of these developments. AABB's unique Mine-to-Token strategy promotes independence from FIAT currency, positioning its gold-backed AABBG token as a competitive exchange standard.

Positive

• Expedited development of digital assets division.
• Improvements to AABBG token, AABB Exchange, and PayAABB expected to enhance user experience.
• Anticipation of strong results in 2023 supported by cryptocurrency market trends.
• Unique Mine-to-Token approach aims for independence from FIAT currency.

Negative

• None.

LAS VEGAS, April 12, 2023 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has recently expedited the development of significant changes and enhancements to all the components of AABB’s digital assets division. The release of key improvements to the AABBG token, AABB Exchange and PayAABB are expected to be launched in the coming weeks and throughout the 2^nd quarter. The Company has been consulting comprehensively with its cryptocurrency, blockchain and cybersecurity expert to enhance the architecture, functionality and management of all AABB’s digital asset operations. Some of the improvements to be deployed soon will dramatically lower transaction costs and increase processing speeds, expand liquidity and increase user satisfaction with added intuitive functionality.

“This is a very exciting time of expansion for our mining and digital operations. But the recent upward trend of the cryptocurrency markets makes the launch of our digital assets improvements even more impactful to stimulate growth. Management and our operations teams are anticipating strong results in 2023 with the foundational additions soon to come this year,” asserted Chris Torres, AABB President and CEO.

Through the digital assets division’s AABBG token, AABB Exchange and PayAABB, the Company embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency.

About Asia Broadband

Asia Broadband Inc. (OTC: AABB) 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. Additionally, the Company has added a digital assets business segment with its AABBG freshly minted mine-to-token gold-backed cryptocurrency within its AABB Wallet, a proprietary digital exchange AABBExchange, a proprietary cryptocurrency payment gateway solution PayAABB.com and its Golden Baboons Mining Club NFT collection. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand based price appreciation. These are unique and outstanding qualities relative to other cryptocurrencies.

Contact the Company at:

General Email:	ir@asiabroadbandinc.com
Exchange Support:	https://aabbexchange.com/faq/
Token Support:	https://aabbgoldtoken.com/faq/aabb-wallet/
	www.AABBGoldToken.com/support/
Company Websites:	www.asiabroadbandinc.com
	www.AABBExchange.com
	www.AABBGoldToken.com
	www.PayAABB.com
	www.goldenbaboons.com
Phone:	702-866-9054

Forward-Looking Statements are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.’s (the “Company”) expected current beliefs about the Company’s business, which are subject to uncertainty and change. The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change.

FAQ

What improvements are expected for AABB Exchange and AABBG token in 2023?

Asia Broadband is launching significant enhancements to AABBG token and AABB Exchange, aiming to lower transaction costs and increase processing speed.

How does AABB's Mine-to-Token strategy work?

AABB's Mine-to-Token strategy integrates mining operations with cryptocurrency, aiming for complete independence from FIAT currency.

What market trends are impacting Asia Broadband's growth?

The upward trend in cryptocurrency markets is expected to stimulate growth for Asia Broadband in 2023.

What is the significance of the PayAABB payment gateway?

PayAABB is intended to facilitate cryptocurrency transactions, further enhancing AABB's digital asset operations.