Cipher-Core Inc - CFCI STOCK NEWS

CIPHER-CORE, Inc. (OTC PINK:CFCI) has signed a business agreement with Prabhu Bank Ltd., a prominent financial institution in Nepal, allowing CC to offer its Overseas Remittance Service in Japan using its CIPHER REMIT software.

This service aims to streamline money transfers for the approximately 100,000 Nepalese workers in Japan, who send an average of ¥100,000 (approximately US$770) monthly to Nepal. CC's CEO, Mr. Takstoshi Nakamura, expressed ambitions for the Central Bank of Nepal to adopt their CIPHER CASH PLATFORM for its Central Bank Digital Currency (CBDC) initiatives.

Mr. Nakamura's recent presentation to the Central Bank highlighted the need for improved digital cash solutions that mitigate existing ledger system limitations, emphasizing security against quantum computer threats.

CIPHER-CORE, Inc. (Pink sheets:CFCI), based in Austin, TX, specializes in end-to-end protection technology for communication systems and remote authentication for IoT and crypto cash. CEO T. Nakamura claims to have developed groundbreaking FINTECH solutions, notably the Complete Cipher technology, which enhances security in digital and physical cash transactions. Patented globally, CIPHER's offerings include software for information security, secure communication, international remittance, and digital cash management, aiming to revolutionize the Internet towards an information and value-sharing model.

CIPHER-CORE, Inc. (formerly CMK Gaming International, Inc.) has successfully completed its reorganization as of March 14, 2022. The company has also changed its name and stock symbol to CFCI, with FINRA approval. Significant management changes were implemented, featuring new directors and executives with notable backgrounds, including a former research affiliate from MIT and finance professionals. The company's advancements focus on quantum-resistant cryptography, enhancing communication security, IoT systems, and developing technology for Central Bank Digital Currency.