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AppSwarm Inc SWRM
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Posted On: 12/20/2017 6:26:42 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – AppSwarm, Inc. (SWRM) Enters JV Agreement to Develop Bitcoin Mobile Wallet

Technology development and incubation acceleration company AppSwarm, Inc. (OTC: SWRM) this morning announced that it has finalized a joint venture agreement with USA Real Estate Holding Co. (OTC: USTC) to develop a global P2P bitcoin mobile wallet. Per the update, the venture calls for a 50/50 revenue share on the technology to be deployed. “This is an exciting partnership for both companies as bitcoin continues to rise to unprecedented value triggering increased interest from institutional investors,” Ron Brewer, CEO of AppSwarm, stated in the news release. “To take advantage of this favorable environment, our timely launch of the wallet is expected mid Q1 2018, as most of the technology we need is already in-house.”

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