Accredited Solutions, Inc. is poised to enhance its technological capabilities in the digital finance sector through the strategic acquisition of ItsBChain LLC, a blockchain-focused subsidiary of iQSTEL Inc. The proposed acquisition represents a significant step toward expanding the company's blockchain-powered fintech solutions and digital transaction processing ecosystems.
The integration of ItsBChain's telecommunications blockchain expertise with Accredited Solutions' existing e-gift card and prepaid financial services portfolio creates substantial potential for innovation. By leveraging blockchain technology, the company aims to improve transaction security, reduce fraud, and increase operational efficiency across its digital payment platforms.
CEO Eduardo Brito emphasized the transformative potential of this acquisition, highlighting its ability to accelerate the development of blockchain-based payment systems, particularly in business-to-business markets. The strategic move is expected to reduce time-to-market by approximately 70%, providing a significant competitive advantage in the rapidly evolving digital finance landscape.
Blockchain applications in telecommunications have demonstrated remarkable effectiveness in securing transactions and streamlining operational processes. Accredited Solutions intends to extend these technological advantages to its digital payment solutions, targeting enhanced transparency and efficiency for its expanding network of partners and customers.
The proposed acquisition aligns with the company's long-term vision of becoming a global leader in fintech payments. By integrating ItsBChain's platform, Accredited Solutions anticipates creating new revenue streams while substantially reducing transaction costs.
The definitive purchase agreement is scheduled to be executed by July 1, 2025, with the company committed to seamlessly integrating blockchain technology into its financial products and services. This strategic move positions Accredited Solutions to serve enterprise-level corporations, telecommunications operators, and premier online retailers with cutting-edge digital payment solutions.
The acquisition underscores the growing importance of blockchain technology in transforming financial services, indicating a broader industry trend toward more secure, efficient, and transparent digital transaction systems. As financial technologies continue to evolve, companies like Accredited Solutions are demonstrating the potential for blockchain to revolutionize how businesses and consumers engage in digital transactions.
