Asia Broadband Inc. (OTC: AABB) Stock Gains Further Momentum On New Updates

A new update from the company brought the Asia Broadband Inc. (OTC: AABB) stock on to the focus of investors in a big way. It may be a good idea to take a closer look at the update and figure out the implications.

Major Integration

On Wednesday, Asia Broadband announced that it was on the verge of integrating the universal payment tools meant for merchants with its AABB Wallet platform. The resultant payment product would be a consolidated point of sale offering that would be accessible in brick-and-mortar stores while providing fast and low-cost transactions with higher limits on spending.

It was also noted that the new AABB Wallet was in the final stages of development and was being tested in anticipation of submissions for approval to the Apple App Store and the Google Play Store. The company noted that it expected the wallet to be launched at some point in the fourth fiscal quarter.

Further Wallet Details

While the latest integration would make the AABB Wallet even more of a promising proposition, it should be noted that the wallet had been developed as an Algorant wallet aimed at AI-backed multichain management.

Thanks to the cutting-edge algorithm, the AI would be able to study market data and market trends to project upcoming price movements. Such features would help traders immensely in making informed decisions.

Key Quote

“We are excited to bring our previously developed merchant payment development concepts and experiences to collaboratively integrate into the new next generation AABB Wallet as another feature of the unique, high-level app with AI-integrated features. The KOINFOLD team has been instrumental in creating innovative wallet tools for mass-market appeal and use through KYN Capital’s blue-chip relationship networks. We are striving to take our AABBG gold-backed token and digital assets business segment to the next level of expansion with the new AABB Wallet,” expressed Chris Torres, AABB President and CEO.