APT Systems announces milestone with the release of Spera
SAN FRANCISCO, CA, December 17, 2021 (GLOBE NEWSWIRE) – via NewMediaWire – APT Systems, Inc. (OTC Pink: APTY), a software development and fintech company, announced that it has deployed its Spera stablecoin on the Testnet as part of its internal testing and quality assurance ahead of release from Spera on MainNet for distribution.
“The publication of our Spera stablecoin on the Testnet represents an important milestone in our development efforts,” said Glenda Dowie, Founder and Managing Director of APT Systems, Inc. parties for an independent security audit.
Testnet is an alternative blockchain used to validate the functionality of cryptocoin and Testnet coins are distinctly different from real coins as they have no value. But their performance can be measured and evaluated before the cryptocurrencies are released to the MainNet, where actual transactions take place in the distributed ledger and the cryptocurrency has real economic value.
Spera is a true stablecoin, which means that its market value is backed by a currency or real commodity. In Spera’s case, its dollar value is backed by a combination of US dollars and gold. APT Systems is also developing a wallet to contain Spera which will work seamlessly with its Verifundr digital escrow application. Verifundr partly uses smart contracts to serve as a neutral third party to ensure that funds are duly released when both member parties meet their contractual obligations. Verifundr’s blockchain-supported architecture makes it ideally suited for escrow transactions, while Spera offers users protection against volatility through the use of a stablecoin.
A recent article in Forbes highlights the powerful future of stablecoins, noting, “You could argue that while Bitcoin continues to reach all-time highs and organizations continue to add Bitcoin to corporate balance sheets, the real driving force behind crypto going forward. will be the stable parts. . “
“All of us at APT Systems, including our development team, are delighted to see Spera running on Testnet,” says Dowie. “We look forward to completing our quality assurance and validation work and then releasing Spera to the mainnet. “
About APT Systems Inc – APTY
APTY is a software and financial technology development company, which focuses on our Verifundr escrow and payment services with a primarily secure fiat stablecoin named Spera and is partially backed by gold.
Visit www.connect.sperastablecoin.com to learn more about Spera, a real stablecoin.
Be sure to follow us on Twitter @APTYsys for timely updates.
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