About ASIA RESERVE CURRENCY COIN ( ARCC)

ARCC is a macroeconomic stablecoin that aims to become a regional crypto-reserve currency backed by a socio-economic network and currency reserve structure. Built on a decentralized network, ARCC plans to create instant widespread impact through entrepreneurial empowerment in a decentralized financial system where participation truly matters.

( ABOUT THE PROJECT )

In today's review, we will probably talk about the first and so far the only project of its kind that touches on such a global topic. If earlier we met some financial instruments that struggled with high Commission costs and involved in financial transactions by third parties, then this project wants to offer us a completely new social environment built on the basis of modern innovations. And the name of the project – ARCC.

Its mission is to ensure stable economic development without corruption of more than 630 million residents in Southeast Asia, while applying blockchain technology and associated cryptocurrencies.

( Problems Faced By Economic Development Platforms )

Auditing Crisis

Buѕіnеѕѕ units fасе a lоt of audit rіѕkѕ bоth іn thе companies rеѕроnѕіblе fоr thе auditing and their lасk оf dіrесt соntасt with thе аррrорrіаtе third раrtу оrgаnіzаtіоnѕ tо implement blосkсhаіn аudіtѕ.

Risks frоm Pоlіtісаl affiliations

Economic Development Plаtfоrmѕ аrе rеԛuіrеd to work wіth governments to mаxіmіzе thе ѕоlutіоnѕ рrоvіdеd bу thеіr іnduѕtrіеѕ, hоwеvеr, as a result оf іnvоlvеmеnt wіth роlіtісаllу аffіlіаtеd groups, this реrfоrmаnсе іѕ соrruрtеd bу bias саuѕеd bу favouritism tоwаrdѕ сеrtаіn political bоdіеѕ.

Storage Risks

Tokens generated by EDP's are unsafe due to mismanagement of storage or lack of a proper structure for storage of tokens which makes it susceptible to cyber criminals.

Investment dangers

Investment risks are caused by an inflow of cash into organizations or corporations that do not generate profit and continually work at a loss which causes the economy of the Platform to continuously drop until it begins to risk or even become bankrupt.

The details of the ICO

Not only the platform itself, but also the regional cryptocurrency (ARCC) intends to support the poor class of residents. The decentralized economic model of IBMR, which is officially registered in Singapore, intends to provide this cryptocurrency reserve. I would also like to mention a very unusual phenomenon, which I have never met before. It turns out that the development team intends to mint coins for the next 40 years, releasing an annual portion of tokens. This method will help to regulate the monetary policy mandate throughout the South-East Asia region.

( CONCLUSIONS AND REFERENCES )

Now that is what we can explain and explain about the Asia Reserve Currency Coin (ARCC), essentially the ARCC is structured as a reserve currency for macroeconomic coins that functions as a long-term regional micro asset and a constant incentive for network participation.

To find out more about the ARCC project, you can immediately visit some of the official references below:

Website: https://ibmr.io/

Bitcointalk Thread: https://bitcointalk.org/index.php?topic=5104576.0

Whitepaper: https://ibmr.io/whitepaper/

Medium: https://medium.com/@asiareservecurrencycoin

Twitter: https://twitter.com/ARCC_IBMR

Facebook: https://web.facebook.com/AsiaReserveCurrencyCoin

Telegram: http://bit.ly/ARCCTG

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