VANCOUVER, British Columbia, Jan. 03, 2018 (GLOBE NEWSWIRE) -- Cuba Ventures Corp. (TSX-V:CUV) (Frankfurt:IJA2) (OTCBB:MPSFF) (the “Company”) is pleased to announce that it has signed a Definitive Agreement (“DA”) with UXS Mobile to ensure the Company’s blockchain based mobile application Revolupay® is compatible with world protocols for multi-country international remittances and payments. The core application is well advanced and, should now be ahead of schedule, with a beta 2 version expected to go live in January 2018. UXS Mobile developers are now working alongside Vesilen and Cuba Ventures to ensure full internationalization of the app, permitting multinational deployment and use in order to satisfy major remittance markets globally under the proposed national master franchisee model. The development team has released a sneak peek video of the Revolupay app in initial first beta form on an android mobile device.
Sneak Peek of Revolupay Beta 1.0: https://www.youtube.com/watch?v=m4A64HhCVc0&feature=youtu.be
About UXS Mobile:
UXS Mobile is a European preeminent mobile app specialist focused upon international audiences and was the largest single placee in the private placement which closed recently. UXS Mobile has created mobile apps for major international Spanish banks like Banco Popular and Evo Banco. UXS Mobile has created apps for some of the largest corporations globally including McDonalds, Heineken, Red Bull, Renfe (Spains national rail carrier), Mucho Viaje, Fiestify and many others. Under the terms of the Definitive Agreement, the company will make a one-time payment to UXS Mobile of 30,000 Euros to guarantee full internationalization of the current beta app and provide the upgraded beta 2 rollout by January 31st, 2018.
Revolupay® Blockchain Development Update:
- UXS Mobile signed DA for internationalization of Revolupay app.
- Beta 1 app version in live trial stage
- Revolupay® name and design mark filed with Canadian Intellectual Property Office
- Revolupay® name and design mark filed with U.S Patent and Trademark Office
- Revolupay® name and design mark filed with Chinese Intellectual Property Office
- Revolupay® name and design mark filed with European Patent and Trademark Office
- Revolupay® name and design mark filed with Russian Intellectual Property Office
- Revolupay® in process of Trademark filing worldwide
- Registered all popular domain name iterations and www.RevoluPay.com
- Disruptive blockchain technology rollout chronology website www.DisruptN.com with planned $10 billion market for 2018
- Internal and external software engineer team assembled and project in Beta 1.0
- Signed a definitive agreement with Vesilen Investments for co-development of the blockchain platform and Revolupay® app.
- Complete update of www.CubaVentures.com to reflect the enhanced direction of the company
CubaFin Partner Updates:
As previously announced, due to the latest addition of Revolupay® and its impending internationalization, the Company is finalizing the modified definitive agreements with Al-Fahim Technologies and Bhavnani Corporation. News on these definitive agreements is forthcoming.
Cuba Ventures in the Media:
Steve Marshall, CEO of Cuba Ventures, was on RT America discussing Revolupay:
https://www.youtube.com/watch?v=wiJw_E5FEsE&feature=youtu.be
Mr. Marshall was also interviewed on the Keiser R