Accredited Solutions, Inc. (OTC: ASII) is set to revolutionize its digital financial services approach by acquiring ItsBChain LLC, a blockchain-centric subsidiary of iQSTEL Inc. This acquisition is designed to merge cutting-edge blockchain technologies with the company's current financial offerings, marking a significant step forward in the fintech industry.
The strategic acquisition is expected to bolster Accredited Solutions' blockchain capabilities, especially within the telecommunications and digital payment arenas. Leveraging ItsBChain's specialized knowledge, the company plans to introduce payment processing systems that are not only more secure and transparent but also significantly more efficient. CEO Eduardo Brito highlighted the acquisition's importance, stating that blockchain technology is pivotal to the future of payments. The integration is projected to slash time-to-market by about 70%, offering a notable edge in the competitive fintech space.
Among the key advantages of this acquisition are heightened transaction security, lower operational expenses, and increased efficiency in digital financial services. The blockchain platform from ItsBChain is set to enhance Accredited Solutions' existing e-gift card and prepaid financial services, potentially unlocking new revenue opportunities.
The definitive agreement for the ItsBChain acquisition is expected to be completed by July 1, 2025. This move is in line with Accredited Solutions' ambition to emerge as a frontrunner in blockchain-driven fintech solutions, catering to large corporations, telecommunications providers, and e-commerce platforms.
This acquisition underscores Accredited Solutions' dedication to innovation and its growth strategy through strategic acquisitions and collaborations. By adopting blockchain technology, the company is poised to deliver stronger, more secure digital payment environments for its expanding partner and customer base.
