Curated News
By: NewsRamp Editorial Staff
June 16, 2025
ASII Shifts Focus to Blockchain with ItsBchain Acquisition
TLDR
- Accredited Solutions, Inc. gains a strategic edge by acquiring ItsBchain, positioning itself as a leader in blockchain-based telecom and fintech solutions.
- ASII's acquisition of ItsBchain integrates blockchain and AI to streamline telecom settlements, reducing fraud and optimizing transaction times globally.
- This partnership aims to enhance global telecom trust and efficiency, making digital transactions more secure and accessible for everyone.
- Discover how ASII and ItsBchain are merging blockchain, telecom, and AI to revolutionize global carrier settlements and interconnect transactions.
Impact - Why it Matters
This news is significant as it highlights a major strategic shift by ASII towards blockchain and fintech, sectors that are at the forefront of technological innovation and have the potential to revolutionize global telecom and financial settlements. The acquisition of ItsBchain could lead to more efficient, secure, and faster transaction processes, benefiting telecom carriers and financial institutions worldwide. For investors and industry watchers, this move signals ASII's ambition to be a leader in a rapidly evolving and highly competitive space.
Summary
Accredited Solutions, Inc. (OTC: ASII) has announced a strategic pivot towards blockchain and fintech solutions by acquiring ItsBchain, a subsidiary specializing in telecommunications infrastructure and settlement automation. This acquisition, expected to close imminently, marks a significant shift in ASII's business model, aiming to leverage ItsBchain's innovative platform that combines blockchain, telecom, and AI to revolutionize carrier settlement and interconnect transaction processing. The move is driven by the potential to transform telecom and fintech settlements globally, reducing fraud and optimizing settlement times.
The partnership with ItsBchain, led by a team of seasoned telecom and financial professionals, is seen as a strategic opportunity for ASII to lead in a high-demand, innovation-driven sector. Concurrently, ASII has decided to rescind its agreement with Globetopper, citing excessive dilution and market competitiveness as key reasons. The company is also finalizing its financial audit, expecting to regain current status shortly. This strategic realignment underscores ASII's commitment to creating long-term shareholder value through cutting-edge technologies in fintech and blockchain.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, ASII Shifts Focus to Blockchain with ItsBchain Acquisition
