Asia Broadband Updates Gold-Backed Cryptocurrency Token Development Status

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LAS VEGAS, Feb. 09, 2021 (GLOBE NEWSWIRE) — Asia Broadband Inc. (OTC : AABB) is pleased to announce that Core State Holdings, Corp. (CSHC) has completed the development of the AABB Wallet for the Company’s gold-backed cryptocurrency token and is in the process of testing the iOS and Android versions of the platform. Once the testing has been completed, CSHC will start the upload of the applications to the Google Play Store and Apple App Store, prior to the full transfer of the Apps to the Company. In addition, CSHC has created the AABB Gold (AABBG) token for the Company that will allow users to purchase the tokens upon the transfer of AABB Wallet to the client. Lastly, the AABB Gold’s Economic Algorithm has been finalized and its implementation has begun. The Economic Algorithm is an in-depth plan that focuses on AABB Gold’s ease of access, use, stimulation of B2B purchases of metals, and the creation of an additional sustainable revenue stream for the Company. Strategically positioned as a revenue diversification and awareness project, the AABB Gold token will create liquidity and monetize physical gold holdings and future gold production.