Abele Group Prepares to Launch World’s First Digital Custodial Bank Comments Off on Abele Group Prepares to Launch World’s First Digital Custodial Bank 2194

The Abele Group, an international fintech company leading the financial industry into the digital age, is pleased to announce its global launch and unique approach to radically transform the financial industry with blockchain technology and artificial intelligence.

The Abele Group will use innovative blockchain technology, which relies on distributed ledgers and operates transparently, with independent validation and verification, to design and launch four phases of the organization including:

Abele Trust (PHASE 1), one of the world’s first fully-digital custodians which exclusively stores and safeguard investor assets, digital coins and tokens in an institutionally secure manner.

Abele Chain (PHASE 2), a fourth-generation hybrid blockchain that is an open source public protocol blockchain and a private permissioned ledger licensed for commercial use.

AbeleTS (PHASE 3), a blockchain and artificial Intelligence-powered trade management software. The platform is designed to reduce operational expenses for funds and investors by allowing asset managers to execute and reconcile financial transactions efficiently and securely, therefore resulting in lower expenses for all investors.

Abele Asset Management (PHASE 4), provides all investors access to actively managed funds with investments in cryptocurrencies and traditional assets.

“As the token economy emerges and transforms every industry, blockchain technology and artificial intelligence will radically alter the financial industry,” says Phil Woods, CEO of Abele Group. “The application of these two technologies produces greater data security, reduces over-reliance on ‘middlemen,’ increases transparency around the movement of funds, and most importantly places trust in an organized process rather than in people or institutions. It’s time for the financial industry to radically transform by adopting today’s cutting-edge technology.”

The Abele Group filed for SEC exemption using Form 1-A under Regulation A+ in February 2018 which allows the firm to raise up to $50M in seed funding through a public token sale. The overall fundraising goal is in excess of $100M. For more information about the Abele Group please visit abelegroup.io or review the Abele White Paper.

About ABELE Group

The Abele Group is a finance and technology company aiming to revolutionize the financial industry by bringing it into the digital age with blockchain technology and artificial intelligence. The organization consists of two subsidiary business units — ABELE Technologies and ABELE Asset Management — that work together. ABELE Technologies uses innovative blockchain technology and artificial intelligence to develop blockchain software for financial institutions. ABELE Asset Management is a digital fund complex that will invest in crypto and traditional assets. For more information on the Abele Group please visit abelegroup.io or follow on Twitter or Telegram @AbeleGroup

For further information, please contact:

Brittanie Price
press@abelegroup.io
703.967.4771

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. CryptoRadar.org does not endorse nor support this product/service. CryptoRadar.org is not responsible for or liable for any content, accuracy or quality within the press release.

Most Popular Topics

Editor Picks