Blockchain
Intellabridge Developing DeFi product for International Markets
Vancouver, British Columbia and Boulder, Colorado–(Newsfile Corp. – December 14, 2020) – Intellabridge Technology Corporation (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA), a blockchain technology company, is pleased to announce that the Company is developing a decentralized financial (“DeFi”) product for international markets.
The Company’s efforts relating to this product are focused on building a decentralized platform based on the Ethereum blockchain specifically designed for customers in international markets. The product is currently in the design phase and the Company expects the product to be ready for market early next year.
Intellabridge CEO, John Eagleton, explains that, “We believe that we are at the beginning of a paradigm shift in the financial markets, with DeFi serving as an alternative to centralized financial infrastructure. However, right now it is difficult for most people to actually use decentralized finance because most applications are not designed for mass adoption. Furthermore, while DeFi has been primarily focused on the US market, we are bringing the value of DeFi to international markets.”
The Company will continue to provide updates on its development work and the product.
About Intellabridge Technology Corporation
Intellabridge Technology Corporation (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA) is a venture builder investing in blockchain technologies with a focus on fintech and decentralized financial (“DeFi”) solutions. For more information, visit www.intellabridge.com.
ON BEHALF OF THE BOARD of DIRECTORS
INTELLABRIDGE TECHNOLOGY CORPORATION
“Maria Eagleton”
Maria Eagleton, COO
To contact Intellabridge:
Website: intellabridge.com
Phone: +1-303-800-5333
Email: [email protected]
The CSE does not accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of any of the word “will” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.
###
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/70210
Blockchain
Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR
Blockchain
Bybit Web3 Launches World’s Largest GameFi Playground at Crypto Ark-ade as GameFi Market Size Surges to $20bn
Blockchain
Money Transfer Apps Industry Worth $47.67 Billion by 2029 – Regional Markets Analysis and Profiles of Leading Players PayPal, Western Union Financial Services, Wise Payments, Remitly, WorldRemit, Revolut & More
Global Money Transfer App Market
-
Blockchain Press Releases6 days ago
Bybit and Block Scholes Uncover Post-Election Bullish Sentiment: Traders Lean Into Leveraged Longs Amid Stabilized Market
-
Blockchain Press Releases6 days ago
Canaan Upgraded Avalon Miner A15 Series with Superior Performance
-
Blockchain6 days ago
CertiK Co-Founder, Ronghui Gu, Delivers Keynote Speech at 2024 Singapore FinTech Festival
-
Blockchain Press Releases7 days ago
Palapa Tap Tap Hero Game, Indonesia’s First Telegram-Based GameFi
-
Blockchain6 days ago
Torram Unveils Groundbreaking Infrastructure Tailored to Usher in a New Era of Bitcoin DeFi
-
Blockchain3 days ago
The First Cold Wallet for Miners: EMCD & Tangem Launching Limited Edition Wallets
-
Blockchain4 days ago
Bybit Web3 and Aptos Kick Off APT Ecosystem Airdrop
-
Blockchain Press Releases2 days ago
Notabene Raises $14.5M in Series B Funding Led by DRW VC to Drive the Future of Stablecoins and Payments