Cipher-Core, Inc. Indications Agreement
Cipher-Core, Inc. Indications Agreement

AUSTIN, TX, Apr 13, 2023 – (ACN Newswire) – A Business Agreement was equally signed by CIPHER CORE, Co., Ltd. a Japanese Corporation (“CC”), 100% a subsidiary of CIPHER-CORE, Inc. United States openly held business (OTC PINK: CFCI) and Prabhu Bank Ltd.(PBL) a Nepalese prominent banking and monetary service group situated in Nepal which has a Class A Financial Institution license and managed by the Central Bank of Nepal.

Whereas CC will offer its Overseas Remittance Service in Japan utilizing CC’s software application, “CIPHER REMIT” formerly called “COMPASS” offering benefit, security, speed and considerably less costly, making it possible for the clients to move their cash through Smart-Phone without checking out the bank, wallet to wallet.

Whereby Prabhu Bank Ltd. (Merged with Century Commercial Bank) will be designated as a getting business or an intermediary shipment business to provide the Transfer Amount to the recipients in the Territory. It is stated that since today 100,000 Nepalese are operating in Japan who are regular monthly moving their generated income of 100,000 yen in average (about US$ 770 equivalent) to Nepal.

Mr. Takstoshi Nakamura CEO/President of CIPHER-CORE, Inc. stated that CC’s supreme objective is to have Central Bank of Nepal assess the worth of CC’S software application called “CIPHER CASH PLATFORM” for its Central Bank Digital Currency program.

Welcomed to Katmandu, Nepal, Mr. T. Nakamura lectured to significant officers and executives of Central Bank on software application of “CIPHER CASH PLATFORM” how it works more properly to their CBDC task stating that the journal systems presently utilized for the above 2 online settlement approaches is not only time consuming however currently reaching its limitations to carry out properly the existing batch & & balanced out processing without mistake.

We will offer proper and efficient services to utilize “digital money” without utilizing the journal system in numerous monetary fields utilizing “total cipher” that secures even Quantum computer system attacks.

Mr. Nakamura’s lecture was extremely accepted and was welcomed to sign up with the Work Shop.

Financier Relations:
Claire Singleton
Tel: 801-580-9928


Subject: Press release summary

Source: CIPHER-CORE, Inc

Sectors: Crypto, Exchange, Blockchain Technology

From the Asia Corporate News Network

Copyright © 2023 ACN Newswire. All rights scheduled. A department of Asia Corporate News Network.

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