Accredited Solutions, Inc. (OTC: ASII) has unveiled TEL-CDR, the official utility token for the CDRChain ecosystem, signaling a major leap forward in how voice and SMS traffic settlements are conducted in the telecom industry. This innovation promises to streamline transactions, making them faster and more transparent for telecom carriers, MVNOs, infrastructure providers, and messaging aggregators.
Eduardo Brito, CEO of Accredited Solutions, highlighted the token's potential to redefine global telecom services' clearing and settlement processes. TEL-CDR, with an initial issuance of $50 million, is developed on a blockchain architecture that prioritizes scalability, security, and environmental sustainability. It supports various functions including settlement payments, platform governance, staking incentives, and granting access rights to partners.
The launch of TEL-CDR is poised to enhance interoperability and automation for participants on the CDRChain platform, fostering economic inclusion by allowing small and mid-sized telecom providers to engage in settlements and trades with the same level of transparency and speed as larger entities. Further details on the TEL-CDR utility token's structure and capabilities can be found in the white paper available at https://cdrchain.ai/utility-token.
In response to shareholder inquiries about a potential reverse stock split, Accredited Solutions clarified that such a measure is not deemed necessary at this time, thanks to strategic progress and the expected advantages from the TEL-CDR token initiative. The company is committed to enhancing shareholder value through its pioneering blockchain solutions and advancements in digital infrastructure.
