Wednesday, December 20, 2017 9:07:54 AM
USA Real Estate Holding Company (USTC) and AppSwarm, Inc. (SWRM) Finalize Joint Venture Agreement to Launch Global Bitcoin Mobile Wallet
NEW YORK, NY / ACCESSWIRE / December 20, 2017 / USA Real Estate Holding Co (OTC PINK: USTC) is pleased to announce today that the Company has finalized a Joint Venture Agreement with AppSwarm, Inc. (SWRM), a technology company specializing in the accelerated development and publishing of mobile apps, to develop a Global P2P Bitcoin Mobile Wallet. Both Companies will own 50/50 interest in the technology.
An overview of some of the services and capabilities provided by SWRM will include the following: Registration, login/logout, forgot password, receipts, Payment gateway credential, Fully Integrated Analytics, KYC & AML protocols, Peer-to-Peer (P2P) Funds and Bitcoin/Cryptocurrency transfer, Merchant Payments, QR code and QR pay.
Bilal Shafi, CEO of USTC, stated, “We are excited to work with SWRM to launch our global P2P Bitcoin Mobile Wallet. SWRM has more than 30 years of experience of publishing mobile apps. We believe this partnership will allow both Companies to aggressively pursue opportunities in the rapidly growing FinTech and Bitcoin sector.”
Ron Brewer, CEO of SWRM, stated, “This is an exciting partnership for both Companies while Bitcoin continued to rise in value this week as it reached ever-greater highs. And there is now growing interest from institutional investors as it continues to break its own records. The ETA for the launch of the application is mid of Q1 2018. Most of the technology we need is already in-house.”
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