It’s no secret that the cryptocurrency world is booming. With Bitcoin and Ethereum leading the pack, more and more people are looking to get involved in the crypto space. A popular way to do so is through crypto payments.
Crypto payments refer to the use of cryptocurrency as a means of payment for goods and services. This is possible either online or offline, and a growing number of businesses are starting to accept crypto payments.
In such a context, Asia Broadband Inc. (OTC: AABB) is about to launch PayAABB, a new crypto payment gateway. This tool will be part of the growing AABB Gold Token (AABBG) ecosystem.
Using Cryptocurrencies as a Payment Method
A rather appealing aspect of cryptocurrencies is that you may use them as a payment method. This means that merchants can accept payments in cryptocurrencies without having to worry about currency conversion or other fees.
There are a few benefits to using cryptocurrencies as a payment method:
- Cryptocurrencies are fast and efficient.
- These tokens are global, meaning that anyone may use them anywhere in the world.
- Cryptocurrencies leverage the security of blockchain technology. While this technology is not yet unbreachable, avoiding storing data in a centralized location is a prominent security feature.
- Crypto is relatively low-cost compared to other payment methods such as credit cards or PayPal.
Overall, using cryptocurrencies as a payment method has many advantages. It is therefore not surprising that more and more businesses are starting to accept them.
The Enhanced Security of Gold-Backed Crypto
Not all gold-backed cryptocurrencies work similarly. For example, some have more gold backing them than others.
Remember: always do your research to ensure you’re investing in a quality gold-backed cryptocurrency.
Once you’ve found a reputable gold-backed cryptocurrency, investing is relatively simple. Create a wallet to store your tokens and then purchase the tokens with either fiat money or cryptocurrencies.
Gold-backed crypto uses blockchain technology to create a digital asset with real gold pegging. Each gold-backed token benefits a certain amount of gold backing its value. In other words, this system wishes to make gold-backed crypto a stable and secure investment.
Plus, since gold is a physical asset, no one can hack it, unlike traditional cryptocurrencies. This feature makes gold-backed crypto one of the most secure investments in the blockchain niche.
AABB Gold Token Plans and Development
AABB Gold token plans to achieve two main goals:
- To provide a stable and secure cryptocurrency for everyday use;
- To support the growth of the AABB ecosystem by incentivizing users to participate in the network.
The AABB Gold token wants to be a reliable and trustless form of digital currency. Its founders envision a future where anyone will use AABBG for everyday transactions. The developers based the project on the Ethereum blockchain and utilized the popular ERC20 standard.
The project introduced a proprietary wallet into its ecosystem. The AABB Wallet is a way to keep your money safe and secure, as its founders explain.
It offers various features that appeal to anyone looking for a new place to store their crypto. The following is a partial list of the features that the AABB wallet has to offer:
- A built-in security system that keeps your money safe and secure.
- The guarantee of anonymous and quick transactions on the market.
- A mobile app (available for Android and iOS devices) makes it easy to access your money on the go.
The wallet fully integrates with AABB Exchange, the project’s official exchange platform. With this integration, AABB users will be able to:
- Store their digital assets in a secure wallet.
- Access a wide range of trading pairs on the AABB Exchange.
- Enjoy low fees and fast transaction times.
As previously mentioned, Asia Broadband Inc. (OTC: AABB) will soon unveil PayAABB, a solution to handle crypto payments.
Fast and efficient international transactions are among the main features of this new payment gateway. The service’s designers explained that the system is easy to set up. You may connect PayAABB to your AABB Exchange (and, hence, the AABB Wallet) account.
PayAABB transactions do not require a third party’s agreement due to the blockchain’s decentralization.
SSL certificates, Google 2FA, and Google Authenticator give this product a security score of 99.95 percent. Additionally, the system has built-in cryptography.
Our Conclusions
Mining and processing precious metals are Asia Broadband Inc. (OTC: AABB)’s primary business. As of today, Asia is the company’s key target market.
PayAABB will soon enter the AABB Gold Token project, enhancing the ecosystem. The AABBG website and the social media channels below include all the information you need to learn about this project.
