wealth_bakery

INTL -- Ethereum/DeFi/Kash play breaking out on news

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CSE:INTL   None
Bullish biased Double Bottom pattern with 1.25 breakout trigger. Bullish MACD cross is a technical buy signal.
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Intellabridge Technology Corporation Launches Kash Beta Version 1.1

Menlo Park, California; Vancouver, British Columbia; and Boulder, Colorado--(Newsfile Corp. - September 2, 2021) - Intellabridge Technology Corporation (CSE: INTL) (OTCQB: CRBTF) (FSE: 98AA) ("Intellabridge") is pleased to announce the launch of Kash Beta Version 1.1 which includes Ethereum wallets and an integration with Metamask, one of the top wallets with more than 10 million monthly active users, as part of a major industry initiative bridging the Ethereum and Terra blockchains.

Providing customers with Ethereum wallets, and Metamask integration, opens up the Kash application to the largest DeFi ecosystem, and marks an important step forward for Intellabridge's strategy as the gateway to decentralized finance. Intellabridge expects its new gateway to make decentralized finance accessible to users globally. By combining its global presence with Terraform Lab's technology stack and the Ethereum ecosystem, Intellabridge hopes to unify multiple pathways to decentralized finance and support the platform with customer service, third-party insurance options, cutting-edge security, and compliance and regulatory oversight as a public company.

"This is the beginning of a broader Ethereum integration designed to open the Kash platform to new customers on the Ethereum blockchain," said John Eagleton, CEO of Intellabridge. "Our goal is to give potential customers in the Ethereum ecosystem an easy way to access the benefits of the Terra ecosystem."
Comment:
Intellabridge Technology Corporation Announces New Bridge to Ethereum Ecosystem

Menlo Park, California; Vancouver, British Columbia; and Boulder, Colorado--(Newsfile Corp. - September 30, 2021) - Intellabridge Technology Corporation (CSE: INTL) ("Intellabridge") is pleased to announce the launch of a major industry initiative bridging the Ethereum and Terra blockchains together. Kash now offers customers the ability to deposit Ethereum-based US Dollar stablecoins into their Kash savings accounts and receive up to 16% interest.

With this new Ethereum gateway, Kash DeFi banking is now open to more than $33 Billion US Dollars of Ethereum stablecoins, including $27 Billion of USD Coin (USDC), founded by Coinbase and Circle, and $6 Billion of DAI founded by MakerDAO. Intellabridge also expects to be adding Binance USD (BUSD) and Tether (USDT), which opens Kash to an additional $12 Billion of BUSD and $65 Billion of Tether of stablecoin assets.

Providing customers with the ability to earn up to 16% interest on Ethereum-based stablecoins marks an important step forward for Intellabridge's strategy to give Ethereum customers the benefits of the Terra Ecosystem on the Kash platform.

"After several months of development, we're excited to launch this bridge and open the market for Ethereum customers," said John Eagleton, CEO of Intellabridge. "Our goal is to give people in the Ethereum ecosystem an easy way to deposit their stablecoins and earn one of the highest stable interest rates in the DeFi market."

To sign up for the Kash and begin earning interest on Ethereum and Terra stablecoins, visit www.kash.io.
Comment:
Intellabridge Technology Corporation Announces Official Launch of Kash

Menlo Park, California; Vancouver, British Columbia and Boulder, Colorado--(Newsfile Corp. - October 1, 2021) - Intellabridge Technology Corporation (CSE: INTL) ("Intellabridge") today launched Kash, a global neo-banking platform powered by decentralized finance, pushing the boundaries of what's possible in financial services.

Kash operates as a decentralized digital bank that brings secure financial blockchain solutions to the mainstream economy in a way that provides customers worldwide with financial independence, purchasing power, stability and security, setting a new standard for banking products and services.

Kash provides retail and business customers with financial solutions that include checking, savings, and investments as its core modules, and advanced technologies that innovatively enable real-time transaction settlement, improved accessibility, and lower fees compared to traditional financial products.

The Savings account is based on stablecoin currencies leveraging new DeFi money markets to provide a simple and secure way to save in US dollars and earn high-yield interest at a stable rate using Terra's best-in-class blockchain technology.

The Checking account is designed to offer customers a seamless payment experience with lower transaction fees and instant settlement based on stablecoin smart contract technology. The Company built this module for any type of peer-to-peer payment such as remittance and e-commerce markets, facilitated through stablecoin payments, leveraging DeFi payment rails to provide faster and more secure transactions at a fraction of the cost with powerful savings for customers.

The Investment account, built on Terra's Mirror protocol, which allows the creation of synthetic assets that track the price of real world assets, brings the world's assets to the blockchain including traditional financial assets such as stocks, bonds, indexes, and investment funds, as well as physical assets, such as real estate, commodities, precious metals, art, and other illiquid assets. The objective is to reduce friction between geographical boundaries and eliminate the costs associated with intermediaries, as well as to improve asset liquidity, efficiency and accessibility through fractional ownership.

Kash is built on Web3, the next generation internet, which is more decentralized, verifiable, and secure, and gives users ownership and power over their identity, data, and transactions. Web3 decentralizes control of the internet, combining decentralized internet networks, secure computing, and autonomous intelligent software. Kash securely links people and data with cryptographic verifiability, transaction processing, P2P connectivity and trustless interoperability.

The launch of Kash adds even more power and capability for customers, with multiple new features since its Beta version was first released in June 2021, including 2FA security, improved accessibility for customers making it easier to move assets into the Kash platform from traditional financial institutions and other decentralized ecosystems like Ethereum. These powerful new gateways and simplified user experience redefine the value proposition for customers and help to make Kash one of the fastest growing fintech DeFi companies, recording customer growth rates exceeding the Company's internal projections, with 22,000 customers and currently growing at a rate of more than 1,000 customers every day.

Based on valuable customer feedback and the Company's strategic objectives, Intellabridge is planning to include the following features in the product pipeline: affiliate and referral marketing programs, gift cards with major retailers, localizing the product with additional languages and local market stablecoins, integrating new value-added protocols from the Terra ecosystem, launching Kash Treasury for businesses, savings vaults for better financial management, insurance options for customer protection, index products, new asset on-ramps and exchange, all designed to combine the full suite of traditional banking products and services powered by decentralized finance to customers.

"I started my career in fintech and capital markets several decades ago with the idea to make the financial system transparent, fair, and universally accessible," explained Intellabridge CEO John Eagleton. "Today, I'm pleased to present Kash, a decentralized neo-banking platform built with the most advanced and consumer-oriented decentralized technologies. We are solving the problem of legacy banking built on payment rails which are slow and expensive. Neo-banks have done a good job of disrupting traditional banking by making the existing payment rails more efficient, but the best way to solve the legacy system is by replacing it with a better more secure technology which allows for payments at a fraction of the cost, features that encourage savings with high interest rates, and investment solutions accessible to anyone globally,"

To sign up for the Kash visit app.kash.io.

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