Accredited Solutions, Inc. Launches TEL-CDR Token to Revolutionize Telecom Settlements

Accredited Solutions, Inc. (OTC: ASII) has announced the launch of TEL-CDR, the official utility token of the CDRChain ecosystem, marking a significant advancement in the telecommunications industry. This blockchain-based platform aims to revolutionize the settlement of voice and SMS traffic by introducing a more efficient, transparent, and automated process. TEL-CDR will function as the primary transactional and governance medium within CDRChain, facilitating settlements between telecom carriers, MVNOs, infrastructure providers, and messaging aggregators.

Eduardo Brito, CEO of Accredited Solutions, emphasized the transformative potential of TEL-CDR, stating it represents a new paradigm in telecom service clearing and settlement. The token is not merely a cryptocurrency but a foundational element for a global system that prioritizes trust, speed, and automation. With an initial issuance of $50 million, TEL-CDR is built on a scalable and eco-friendly blockchain architecture, offering functionalities such as settlement payments, platform governance, staking incentives, and partner access rights.

The initiative promises to level the playing field for small and mid-sized telecom providers by enabling them to settle and trade with the same transparency and speed as larger players. Accredited Solutions plans to announce the official token launch and pre-launch dates shortly, encouraging interested parties to visit https://cdrchain.ai/ for more information and to join the waiting list. A detailed white paper is also available at https://cdrchain.ai/utility-token, outlining the token’s structure and functionality.

In addition to the TEL-CDR announcement, Accredited Solutions addressed shareholder concerns regarding a potential reverse stock split, indicating it is not currently anticipated. The company’s strategic moves, including the rescission of the Globetopper acquisition and focus on blockchain initiatives, have reduced its reliance on traditional capital markets. Proceeds from the TEL-CDR token offering are expected to support infrastructure and platform expansion, potentially avoiding further dilution and enabling the reacquisition of convertible preferred stock.

This development underscores Accredited Solutions’ commitment to leveraging blockchain technology to modernize global telecom infrastructure, offering a decentralized solution that could become the industry standard for telecom settlements. The launch of TEL-CDR represents a pivotal moment for the company and the telecom sector, heralding a new era of efficiency and transparency in digital transactions.

Blockchain Registration, Verification & Enhancement provided by NewsRamp™

This news story relied on content distributed by None. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Accredited Solutions, Inc. Launches TEL-CDR Token to Revolutionize Telecom Settlements.

More From Toronto Daily Report