Introduction
We are at the point where the principle of centralization ecosystem will be replaced with decentralization ecosystem. we are already familiar with blockchain technology that running on in decentralization platform. soon or later it will become to be a part of human life . and it was already running on that track. the blockchain technology allows us to do many great things using this technology.
As we know, the development of digital platform from time by time and obviously were experiencing the incredible accelerations. services and features that were produced are always more sophisticated and advanced than the previous version development. Is this reasonable? Of course
At the moment, we are in an acceleration age nowadays where the world and technology are changing rapidly, this circumstance is due to the development of such technology massively for many purposes that aim to solve the problems. In the current era, almost there aren't the problems which can not be solved with the assistance of technology, these things are very different if compare than the previous few decades ago, we fell the situation where the movement and development of any sector in the world run slowly.
Financial disruption is one of the hottest topics today. Many startups are trying to revolutionize financial service, helped by the rapid advancement of the blockchain technology. here introduce to you a breakthrough in financial service
What is ARCC COIN ?
The International Blockchain Monetary Reserve, IBMR.io, is a social impact economic development reserve and advisory established to promote distributed inclusive economic development for the urban working poor in corrupt failing emerging markets through the issuance of regional ‘crypto-reserve currencies’ supported by corresponding decentralized economic structures, underlying assets and regional market alignment.
‘Social Proof of Work’ is the basis for IBMR.io’s economic development model which creates an inclusive wealth distribution network that fosters radical social transparency for a corrupt-free entrepreneurial environment that allows for the optimal deployment of a ‘crypto-reserve currency’ as a ‘micro asset’ for production.
IBMR.io is registered in Singapore, and its first focus of development is Southeast Asia. Through the issuance and support of ARCC, Asia Reserve Currency Coin, IBMR. io intends to break the cycle of poverty, corruption and wealth disparity in emerging markets through the decentralized properties of cryptocurrency and blockchain technolo
ARCC’s Social Proof-of-Work
In the traditional blockchain network, the Proof-of-Work (PoW) protocol shows the actual state of affairs, with special regards to transactions. The integration of the concept “Social” intends to map the various activities of the ecosystem participants. Note that what is going now is similar to “the rich get richer, and the poor get poorer”.
Through the concept of “Social Proof-of-Work”, participants in the different urban areas can report corrupt practices within the locale. The interesting part of this composition lies in the fact that data moves across the immutable network (the blockchain technology).
This is a paradigm shift from the traditional way of reporting such cases. Corruption is entrenched in every sector of the economy and making reports of the same meet dead ends most times. This is because most of the authorities at the helm of affairs frustrate sources of such information. That is why the decentralized ecosystem from ARCC will go the extra mile to cut off intermediaries and the overt control from certain quarters.
How it Works
The major approach to breaking the strongholds of corruption is through the location-based Social Proof-of-Work APP. Users can render valid utility data to the ARCC ecosystem through this app. The composition is for users to fill surveys in the mobile app. Users will release vital information such as the location of the inordinate practice, the mode of operation(s), and the user’s notion of the activity will be available to the platform.
To validate the truism of the data, the platform goes to publish it on the ecosystem. It prompts other users to come up with facts to either support or be against the data. If the supporters are many, the platform takes the next step – creating social awareness about the malady. This is to bring such acts to the notice of other persons in the community, and possibly – the government.
It is then up to the government to offer some prices to purchase the data. With this, it can be able to trace the rot in society and take measures to stop the spread.
ARCC HAVE GREAT PARTNERS
The Partners within the project is a must. there are benefits are gained by both of. of course, helping grow the value of the project and also become one of the ways to show the seriousness to broadcast the project to all people worldwide. here the list reliable partners of ARCC. they welcome and appreciate the extraordinary idea behind the ARCC. they are COBINHOOD,DEXON (there aren't any means concerning mentioning the order partners).
THE ARCC TEAM CONSIST OF EXPERIENCED PROFESSIONALS
Behind Every project, there is always a great and experienced professionals team. below you can see the Teams of ARCC project consist of 6 people. They are experts & professionals in the various background. their capability and specialization had proven in several developments startup project and have knowledge in the blockchain. supported by their awesome experience will make ARCC project always run on its right track. .You can also their profile biography and their track record on the LinkedIn that you can check out on ARCC Official website (link below).You can also their profile biography and their track record on the LinkedIn that you can check out on ARCC Official website (link below).
Distribution of Token
The Distribution of the ARCC token will be in two phases. The project aims at minting and allocating tokens for four decades (forty years). Thus, the first phase will run for 18 years and the second for 22 years. Here is the breakdown:
First Phase (a period of 18 years)
ARCC Airdrop: 5%
Management and Operations: 10%
Currency Reserve: 20%
ARCC Social Proof-of-Work Allocation Pool: 20%
Investments: 45%
Second Phase (a period of 22 years)
ARCC Airdrop: 5%
Management and Operations: 10%
ARCC Social Proof-of-Work Allocation Pool: 10%
Currency Reserve: 20%
Investments: 55%
Press Love ARCC Project
ARCC project constantly discussed and talked because of the clear vision and the showing the breakthrough. the brilliant idea of ARCC has attracted the number of press and to publication ARCC to People also giving their assessments relate to the ARCC project. hereby introduce to you all of them are :
Further information:
I knew my review is far from completeness. surely there are many ideas relate to ARCC project in your mind. For further information please take a look at their official website, as well as their official communication channels. Also, please feel freely post questions and feedback in the comment, so I can try to answer them.
FOR MORE INSIGHT ON THIS REMARKABLE PROJECT, VISIT THE LINKS BELOW
Website : https://ibmr.io
Whitepaper: https://ibmr.io/whitepaper/
Telegram : https://t.me/arccenglish
Twitter : https://twitter.com/ARCC_IBMR
Facebook : https://www.facebook.com/AsiaReserveCurrencyCoin/
YouTube : https://www.youtube.com/channel/UCEBy9xyVZPaLFqVllY3d12A
Medium : https://medium.com/@asiareservecurrencycoin
Telegram channel : https://t.me/arccannouncements