Verifundr Platform Develops Own CryptoCoin Announced by APT Systems

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Summary

SAN FRANCISCO, CA , March 08, 2018 (GLOBE NEWSWIRE) -- APT SYSTEMS, INC. (OTC Pink: APTY), is pleased to report on its meeting with Enterprise Ethereum Alliance (EEA) and also announce plans to launch its own cryptoasset, named VFRCoins, for use in the Verifundr Escrow and Payments platform.Last year, we chose the Ethereum platform specifically due to its unique properties and its ability to deliver on smart contracts,” said Glenda Dowie, CEO.Verifundr and VFRCoins will fully utilize blockchain technology to help create the agreements we believe are needed to support two party transactions safely and successfully.The VFRCoin is a trusted asset for an identifiable membership in an effort to be compliant with anti-money laundering (AML) rules, the Bank Secrecy Act and know your customer (KYC) regulations.We are continuing our diligent search for software products that would enhance our operations while still watching dialogue on the proposed legislation for a Fintech National Banking Charter.

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