Press Release: Cuba Ventures to Develop Blockchain Powered Revolupay® for $3.4 Billion Remittance Market and $750 Million Cuban Entrepreneur Sector Adjoined to Cryptocurrency ₡CU Coin TSX Venture Exchange:CUV (
VANCOUVER, British Columbia, Nov. 09, 2017

(GLOBE NEWSWIRE) -- Cuba Ventures Corp. (TSXV:CUV) (OTCBB:MPSFF) (the “Company”)  is pleased to announce that it’s Fintech Division plans to develop a revolutionary Blockchain-based mobile application called Revolupay® and an analogous web based system, to target Cuba’s USD $3.4 Billion remittance market and the USD $750 Million private sector. Associated with the structure will be the introduction of the proprietary cryptocurrency ₡CU Coin for a planned deployment into the tourism markets of the Caribbean and Cuba.

Blockchain technology has the potential to be highly disruptive in the multi-billion dollar remittance market and the Company plans to be the first to implement a blockchain-based platform specifically for the Cuban market. Cuba Ventures has signed an MOU with Vesilen Investments (“Vesilen”) for co-development of this Blockchain platform and Revolupay® app.

PDF rationalization of Revolupay® & ₡CU Coin

Current Stage of Development of Blockchain-based Revolupay
® & ₡CU Coin:

  • Internal and external software engineer team assembled with project approved and currently underway
  • Signed MOU with Vesilen Investments for co-development of the Blockchain platform and Revolupay® app.
  • 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® in process of Trademark filing worldwide
  • Registered all popular domain name iterations and
  • Registered all popular domain name iterations and
  • Shareholder & Investor blockchain disruptive technology rollout chronology website with planned $10 billion market for 2018.
  • Complete update of to reflect the enhanced direction of the company.
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