Axis Technologies Group, Inc. CEO Shares Promising Updates and Outlook for 2023 with Shareholders

TROY, Mich., Aug. 15, 2023 (GLOBE NEWSWIRE) --  via IBN -- Axis Technologies Group, Inc. (OTCMARKETS: AXTG) (the "Company" or "AXTG") today issued the following Letter to Shareholders from its Chief Executive Officer, Dr. William Tien.

Dear Shareholders:

In a significant communication to the shareholders, AXTG's CEO presents the official 2023 letter, marking a pivotal moment since the last official correspondence on September 15, 2021. This communication serves as an opportunity to provide a comprehensive overview of the developments within our restructured group and to highlight the remarkable strides achieved behind the scenes up to this point. 

Additionally, the letter will shed light on AXTG's prospects for the upcoming year.

The CEO, in this crucial update, underscores the progress achieved by AXTG, underscoring the company's commitment to innovation and growth. The strides made since the last communication underscore the dedication of the entire team and the strategic initiatives that have been implemented to drive success.

AXTG's Vision – Investing in the Pursuit and Advancement of blockchain technologies in the digital assets space.

After navigating a dynamic landscape within the blockchain sector and observing the widespread adoption of Web 3.0 and the Metaverse over the last 18 months, Asian markets have emerged as proactive supporters of diverse Web 3.0 initiatives. These initiatives span a spectrum of projects, including the transformation and enhancement of urban landscapes through the implementation of digital twin concepts. This innovation aims to facilitate the seamless integration of Real World Assets (RWA) into the digital realm.

In the realm of Artificial Intelligence (AI), novel opportunities and complex challenges have arisen. The perspective on software development has evolved from human-centered creativity to a realm of superhuman innovation. This shift encompasses the resolution of technological deployment issues, exploration of potential use cases, and the formulation of revolutionary methodologies that previously eluded human ingenuity.

The founding team behind AXTG boasts a wealth of intellectual expertise cultivated since the early stages of 2008, primarily within the domain of carbon credits. Their accomplishments include the establishment of the inaugural carbon credits exchange in 2010, accreditation as carbon auditors in Australia during the same year, and the dissemination of carbon trading insights since 2010 in Beijing, China. AXTG's partnership with Carbonis Inc. has led to the development of Carbon 12, an EVM Proof of Stake (PoS) blockchain designed to power the Carbonis ecosystem. This transformative ecosystem seeks to harness the potential of Real World Assets (RWA) through the digitization of carbon credits.