⚡ ARCC – Asia Reserve Currency Coin ⚡

Today we live in a society where some people are rich and many are poor. This financial stratification divides us into rich and poor. But can you imagine a society where there is no financial stratification exists? If yes! Then think how would live? How everyone communicate with each other? And what if everyone can easily afford what they want? I think we can create such kind of society. Because we need to understand that everything is possible in this world. Only thing needed is to resolve some nuances which creates the dissatisfaction and live a better life.

Problems

Our existing financial ecosystem is not at all perfect. There are many instances which shows that these financial institutions work for rich people from poor people's money. Often times in the news we heard that some people stole the money from government funds and utilised for their own comfort. Or in some cases high level officials borrowed huge amount of money from the banks and didn't repaid the loan. Because of this only poor and hard working people like us suffer a lot. The root cause of this problem is only one word, that is corruption. It is suffocating countries growth. Common people like us don't have any power to struggle with local or government authorities. All this is because of corruption and is supported by state power authorities and corrupt financial ecosystem.

But now thanks to a team of professionals who are intended to provide a transparent and corruption free financial ecosystem for all to eliminate the injustice.

About the project

The project that we are discussing today is addressing the global financial issue. The present financial system is having high commission fees due to large number of intermediaries and third parties, thus a team of professionals are committed to provide a modern instruments to solve this problem by providing a completely transparent, social and innovative financial ecosystem called ARCC.

The ARCC team has implemented blockchain technology to achieve the mission of providing a stable economic model for 630 billion residents of Southeast Asia.

Design feature

You may probably be curious to know about the working principle of this project and how it will achieve the profound objective. Let me tell you the principle model of ARCC is very simple and clear. Firstly, you need to download the " social and labour proof" into the ARCC decentralized system. Then you need to provide your documents for KYC verification, this is done to eliminate any fraudulent activity to ensure no corruption. There is a social economic research team is actively working to report the level of corruption in a particular area marked with points on the map. The ARCC team is committed to provide a suitable socio-economic model for poor. It is obviously a big task to achieve but the team has the capability to achieve and provide better financial model for Southeast Asia region.

** The economic model of ARCC consists of many instruments and functions, each of which have the different working terms and conditions to perform certain tasks. And you can see below how it works:**

Advantages

ARCC is having complete idea and working methods to achieve its goal. Along with eliminating the corruption from the system, it also motivates poor people to provide their complete documents. These documents help ARCC to map the geographic locations with points about poverty and corruption level. People in turn receive rewards in terms of tokens for helping ARCC by providing authentic documents.

The ARCC will carefully check and verify the provided documents, if there is any mismatch with the documents and provided data, then it helps to identify the corrupt persons. This method supports the economic model and helps to eliminate corruption from the society.

ICO details

The ARCC project uses its own internal token called ARCC for all its platform operations. It is worth to note that the ARCC decentralized economic model IBMR is officially registered at Singapore, which provides cryptocurrency reserve for ARCC coin. Another thing to notice is that the project developers intended to mint the coins for next 40 years, progressively some portion every year. This helps to regulate monetary policy in South East Asia region.

Token distribution for the first 18 year period

Token distribution for second stage 22 year period

Conclusion

It is worth giving attention to this project because it aims to provide solution to global issues. It aims to tackle the stratification issue from the society through its innovative financial model. With ARCC project we can create a corruption free socio-economic model for all. It is worth to note that the Singapore is intended to provide currency reserve for ARCC coin. This gives highest level of trust in this project. Implementation of blockchain technology provides trust, transparency and security in every platform operations.

I would suggest you to read the official whitpepaper for more information. Finally I would say, this project needs much public attention and I wish all the best for this great project.

Learn more about ARCC:
Website: https://ibmr.io
Read Whitepaper: https://ibmr.io/wp-content/uploads/2019/02/ARCC-WhitePaper-Jan-feb-26-web-file.pdf
ANN thread: https://bitcointalk.org/index.php?topic=5097927.0
Telegram: https://t.me/arccenglish
Facebook: https://www.facebook.com/AsiaReserveCurrencyCoin/
Twitter: https://twitter.com/ARCC_IBMR
Medium: https://medium.com/@asiareservecurrencycoin
Reddit: https://www.reddit.com/r/ARCCtoken/
YouTube: https://www.youtube.com/channel/UCEBy9xyVZPaLFqVllY3d12A

About Author:
Bitcointalk username: Abhijeetcg
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ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d