White Fox Ventures Inc. (AWAW)

[mellow fellow]

SOURCE: White Fox Ventrues

June 16, 2017 16:00 ET
White Fox Ventures, Inc. Established a Fintech Research Laboratory

NEW YORK, NY--(Marketwired - Jun 16, 2017) - White Fox Ventures, Inc., a public corporation in the US (OTC PINK: AWAW), has announced the establishment of its Fintech research laboratory on June 12, 2017 to study the utility value of IoT and AI, the spread of virtual currency and its service providing business.

The aim of the research institute is to create a new business value, where focus is placed on the services it provides and its users instead of the development of the product itself in the midst of the changes IoT and digitalization bring to the structure of the world industry.

From the above perspective, we have an advantage in terms of expertise, and we believe that our data collection and analysis task, and a strong partnership with the development team will set us apart from other businesses.

WFV is developing a next-generation "smartBank" service developed by smart contract technology employed on blockchain, which is centered around our Ethereum-based cryptocurrency "KeY' Token." At the same time, we aim to achieve a smart society with transparency and openness available for everyone, by changing the old system in the current banking and credit system, financing business and so on.

This investment academy business is currently operated by WFV. It's a new and independent business and it is not the issuer of virtual currency or cryptocurrency for WFV.