ACChain Archive

Ms.Wan Jia, Founder of ACChain Digital Asset Smart-Ecosystem, To Present the “ACChain Digiverse” at Davos

Bitcoin Press Release: Guiyang Blockchain Financial Co. Ltd CEO and founder, Ms. Wan Jai, has been been Invited to present the ACChain Digital Asset Smart-Ecosystem at the prestigious 2018 Davos winter event.

22 January 2018, London, UK – Ms. Wan Jia, CEO of Guiyang Blockchain Financial Co. Ltd. and founder of the ACChain Digital Asset Smart-Ecosystem, has been invited to be a presenter at the 2018 Davos winter event at 12:30pm on January 23rd. Ms Wan Jia will present a detailed report on the development of the ACChain platform and its native digital token.

Located at the foot of the Swiss Alps, Davos, with a population of barely 13,000, is both the host of, and the nickname for, the event given each January by the World Economic Forum (WEF). The mission of the WEF — recognized by the Swiss as an international body — is to “improve the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.” The annual 4-day event is one of the most anticipated, and most influential, economic forums on the globe.

Ms. Wan Jia is scheduled to present a detailed report on the development of the ACChain platform (including ACCoin, its root or “access” digital coin) at 12:30 on January 23rd. She will also be joining the dinner event arranged by the Global Blockchain Business Council on the same date.

ACCoin, the root coin of the ACChain Digital Asset Conversion Smart Ecosystem, is rapidly earning a reputation as the Swiss Army Knife of alt-coins. It is, simultaneously, the “spark” or trigger coin granting access to the ACChain Digiverse (where both tangible and financial assets can be anchored to regional subcoins, and then freely converted both vertically or horizontally into and out of the digital realm); it constitutes one of the three legs (along with Bitcoin and Ether) of the “digital basket of currencies” forming the supra-national A-SDR (the global standard of valuation for determining the exchange/settlement value of digital assets in terms of both digital and non-digital currencies); and it is a founder of the International Digital Assets Exchange Council (IDAXC), a decentralized body with the unique mandate of setting the standards for the digitization and ultimate reconstitution (or settlement) of real assets anchored to digital coins.

Many experts in the digital field have opined that coins featuring anchored or digitized assets represent the final wave of the expansion of the new Digiverse, a phenomenon some have dubbed “Blockchain 3.0.” In this conceptual model, coins such as Bitcoin, based on nothing but scarcity and Proof of Work, are Blockchain 1.0. Coins representing actual participation in an ongoing activity or venture are Blockchain 2.0. Coins anchored to real-world assets, both tangible and intangible, which have quantifiable value at any moment in time — “one item, one code”– are considered Blockchain 3.0. (Sometimes called “money coins” because, while not currencies in their own right, they boast immediately identifiable financial worth.)

It is considered in the industry that the wild swings in price associated with early coins like Bitcoin will not happen with Blockchain 3.0 coins because they will be “anchored to reality.”

To learn more or participate in the ICO, visit the ACChain Website: http://www.acchain.org/en/activity.html
Follow ACChain on Twitter: https://twitter.com/ACCHAIN
Follow ACChain on Facebook: https://www.facebook.com/ACChainGlobal/
Read the ACChain Whitepaper: https://www.acchain.org/whitePaper/Acchain_whitepaper_En.pdf
Official ACChain Bitcointalk page: https://bitcointalk.org

Media Contact
Contact Name: Serena Lin
Contact Email: serena@acchain.org

ACChain is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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The A-SDR International Digital Currency Fund — The Missing Piece of the Global Cryptocurrency Jigsaw Puzzle

Bitcoin Press Release: A supra-national, decentralized, committee overseeing a “global digital currency basket” consisting of Bitcoin, Ether, and ACC is now being funded.

London, UK, December 23, 2017. The year 2017 witnessed what may qualify as the fastest acceptance in history of a brand new technology — the Blockchain, or the use of an open-source, distributed, ledger to record, with the ability to record and manage transactions more efficiently and more trustfully than current “middleman” institutions and entities.

Bitcoin, the world’s first & best-known Blockchain-based coin — and presently immune from the banking confabulations that have so successfully “managed” the prices of frisky alternative assets like gold and silver — took a moonshot. And, even now, is still in high orbit. This in turn, sparked other so-called “alt-coins,” or tokens, also based on the same underlying Blockchain tech.

It is estimated that some 1600 new coins/tokens have been released so far, and possibly another 1000 are due to be released in the next few months. While all cannot possibly be successful at their stated objectives, even skeptics grudgingly admit that at least a handful will inevitably change the world as we know it. The end result is that the public is, understandably, clamoring for an interchange mechanism between traditional currencies and these new digital counterparts.

The solution? The new A-SDR or “digital currency basket,” which will operate under the control of a decentralized global management body: – the “International Digital Assets Exchange Council” (IDAXC). IDAXC will supervise and facilitate the exchange of digital tokens based on a basket of three key, well-known coins or tokens: –  Bitcoin, Ether, and ACCoin. Of the mix, Bitcoin and Ether are perhaps the better-known.

ACCoin however, started its own internal development over a decade ago, well before bitcoin was officially launched. It was based on a unique model, wherein tokens could hold rights to underlying assets, (both tangible, like land, and intangible, like financial paper); thus it was  effectively backed by something quantifiable and of substance. This is a very important distinction because even today Bitcoin, notwithstanding its lofty valuation, is backed by nothing.

The visionaries behind ACCoin understood from the beginning, that to achieve their goal they would need more than a simple coin or token, they would need an entire Eco-System. Not only to capture and monitor the underlying asset, but also to allow future movement of that asset (into and out of the digital universe); and even to anticipate the re-conversion of the coin back to the original asset at the behest of the holder. They also foresaw the problem of moving digital tokens to and from the banking (fiat currency) universe, and planned accordingly for that too.

By anchoring itself to ACC (ACCoin), BTC and ETH, the A-SDR Fund aims to become the premier global mechanism for digital asset distribution and settlement. This in turn distinguishes ACCoin as the first standard digital currency, with the capability of global digital asset Exchange & Settlement. This additionally permits the creation and function of the “Exchange Rate Index” within the A-SDR Digital currency basket. A-SDR, in this way, establishes for the first time a defined-value Exchange & Settlement standard linked to traditional (“fiat”) financial digital tokens, to ultimately become a “true bridge” to traditional financial systems. Over 100 banks worldwide have so far launched a digital asset Exchange & Settlement system, constituting the beginnings of a digital asset Exchange & Settlement network that will be global in scope.

To learn more or participate in the ICO, visit the Website: http://www.acchain.org/en/activity.html
Follow on Twitter: https://twitter.com/ACCHAIN
Like on Facebook: https://www.facebook.com/ACChainGlobal/
Read the Whitepaper: https://www.acchain.org/whitePaper/Acchain_whitepaper_En.pdf
BitcoinTalk: https://bitcointalk.org

Media Contact
Contact Name: Serena Lin
Contact Email: serena@acchain.org

ACChain is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR

The post The A-SDR International Digital Currency Fund — The Missing Piece of the Global Cryptocurrency Jigsaw Puzzle appeared first on Bitcoin PR Buzz.

Source: BPRB Feed