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Thursday, January 04, 2018 10:22:26 AM
August 18, 2017 00:00 ET
White Fox Ventures, Inc. Announced That Fintech Research Laboratory Would Deploy Ethereum Based KeY TOKEN as a Key to Its SmartBANK platform
NEW YORK, NY--(Marketwired - Aug 18, 2017) - White Fox Ventures, Inc., a public corporation in the USA (ticker symbol OTCPink: AWAW), announced that Fintech research laboratory would deploy Ethereum based KeY' TOKEN as a key to its smartBANK platform.
In the smartBANK project, which will be launched in April 2018, transactions can be done in cryptocurrencies on top of the main legal currencies such as US Dollars, Euro, and Japanese Yen. As announced in the previous press release, as a new licensed bank registered in the Central America, smartBANK will observe legal banking and compliance, and provide a high security service based on private chain.
Also, in the smartBANK project, exchanges will be established in many countries around the world to form a new exchange network and to offer services with high convenience where both legal currency and cryptocurrency are accepted anywhere in the world.
Currently, among the major cryptocurrency exchanges in America, there exists an exchange that handles 7 billion USD worth of cryptocurrency transactions. The establishment of smartBANK exchange network holds important significance given such expanding market scale.
The KeY' TOKEN - the key access to smartBANK services, which will be deployed, will launch its worldwide crowdsale in September 2017. As a response, White Fox Ventures hereby announces its participation in the crowdsale. By being part of such profitable business, White Fox Ventures aims to benefit its stockholders and contribute to the society and at the same time, the management team of White Fox Ventures will continue its research in exploring the possibility and the practical use of blockchain and smart contract.
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