Q&A: Roadmap for Abele Trust

Learn more about what’s coming up next for Abele Trust

Q: What do you think are the current problems for Crypto fin-tech services?

We recognize that one of the biggest pain points at the current moment for exchanges is the issue with fiat-crypto conversion. Liquidity continues to plague many exchanges and this has implications on mass adoption.

Additionally, with how quickly the blockchain and cryptocurrency ecosystem is growing, there are multiple layers in the user journey across platforms. The ideal state will be to minimize these relationships and create a frictionless ecosystem that will propel adoption of Crypto FinTech solutions.

Q: What solutions can users and enterprises expect Abele Trust to provide?

Abele Trust aims to lead the development of gateways for people to do commercial transactions with better speed and efficiency. We believe that the capabilities of blockchain technology and AI as the means to get us to this end goal.

We want to provide an integrated service to handle cash needs as well as to aggregate prices to allow people to trade in crypto.

Q: What’s next for the team?

We are always on the lookout for interesting developments in payment solutions.

Abele Trust is set to move into the remittance space for its next milestone. Soon, users will be able to do remittance at the touch of a button through the Abele Trust app. This will be a revolutionary development that offers the global remittance scene with a truly integrated trading experience.

The next obvious step for Abele Trust will be to achieve standard, institution payment licensing, placing ourselves as one of the few firms that are recognized as regulated business under Monetary Authority of Singapore (MAS) upcoming “Payment Services Bill” by year end.

This is crucial for us because this regulation will propel Abele Trust’s custodian banks in Singapore and the Cayman Islands to become licensed full-fledged banks under the Singapore charter.