Curated News
By: NewsRamp Editorial Staff
June 17, 2025
ASII Shifts Focus to Blockchain & AI for Telecom Innovation
TLDR
- Accredited Solutions, Inc. gains a competitive edge by acquiring ItsBchain, positioning itself as a leader in blockchain and AI for telecom settlements.
- ASII's acquisition of ItsBchain integrates blockchain and AI to optimize telecom settlements, focusing on fraud reduction and settlement time efficiency.
- This strategic move by ASII enhances global telecom operations, promising a future of increased security, efficiency, and trust among carriers and consumers.
- ASII shifts from digital gift cards to blockchain and AI in telecom, showcasing a bold leap into technology-driven market transformations.
Impact - Why it Matters
This news is significant as it highlights a major shift in the telecommunications industry towards leveraging blockchain and AI for more secure and efficient settlements. For telecom carriers and consumers, this means reduced fraud, faster settlement times, and enhanced trust in transactions. It also showcases ASII's strategic positioning in a rapidly evolving sector, potentially setting new standards for operational efficiency and security in global telecom operations.
Summary
Accredited Solutions, Inc. (OTC: ASII) is making a strategic pivot towards blockchain and artificial intelligence (AI) in the telecommunications sector, highlighted by its upcoming acquisition of ItsBchain. This subsidiary is known for its blockchain technology expertise, aimed at tackling telecom settlement challenges like fraud reduction and settlement time optimization. The collaboration is set to develop a groundbreaking platform using blockchain and AI for processing voice, SMS, and data traffic settlements, promising to revolutionize operational efficiency and security in the telecom industry. Eduardo Brito, CEO of ASII, emphasizes the partnership's potential to redefine telecom and fintech settlements, marking a significant step forward for the company and the sector at large.
This strategic shift sees ASII moving away from the previously considered acquisition of Globetopper, favoring the ItsBchain deal for its higher strategic value and scalability. The decision reflects ASII's commitment to leading in innovation-driven markets, particularly those leveraging technology to transform traditional industries. As ASII works towards finalizing its financial audit and regaining current status, this move underscores the company's focus on blockchain and AI's role in the future of telecom settlements, offering global carriers and consumers enhanced efficiency and security. This announcement not only positions ASII at the forefront of technological advancement in telecom but also signals a broader industry shift towards adopting these advanced solutions.
Source Statement
This curated news summary relied on content disributed by Evertise Digital. Read the original source here, ASII Shifts Focus to Blockchain & AI for Telecom Innovation
