What is ABBC Coin (ABBC)?
ABBC Coin (ABBC), formerly known as Alibabacoin, is a cryptocurrency developed on the open-source blockchain platform built by the Alibabacoin Foundation (a company with an address in the Middle East, it is completely different from Jack Ma’s Alibaba Group). It was built and called ABBC Blockchain.
The ABBC Blockchain was created with the goal of further developing the cryptocurrency sector. And it creates a unique ecosystem of many areas such as education, e-shopping, e-payment for everyone using this platform.
The goal of the Alibabacoin Foundation is to provide its customers with an innovative, safe and simple technology approach to the cryptocurrency market. And through this new platform, people will be assured that their personal information is confidential when participating in the company’s ecosystem. Using ABBC Coin’s wallet will give people the flexibility to trade products in that ecosystem.
The ABBC coin is the Utilily Token within the Blockchian network of the ABBC project. This project is run on a separate Blockchain platform. ABBC Token is running on the project’s Mainnet and is the platform’s own coin.
What makes the ABBC coin project different?
ABBC Coin not only brings payment solutions for users when shopping online, but the biggest difference that the ABBC project brings is also probably the feature “Face recognition at checkout”. This is a unique feature that ABBC is implementing, by a combination of Blockchain technology and Artificial Intelligence (AI). ABBC will make payment more convenient and safe with face recognition. From there, it integrates this feature for the ABBC coin e-wallet and other financial transactions.
Features of ABBC
The highlight of ABBC coin has an ecosystem with many types of products in different fields, including a few outstanding products below:
Shopping mall: This is considered a shopping center for everyone. As described by ABBC, this mall will integrate all leading e-commerce platforms into Shopping mall and apply payment methods to ABBC coin.
Face recognition: Enables users to make payments and make purchases through a layer of face recognition protection.
Aladin Wallet: According to information published by the dev team, this is a wallet that allows the storage of many types of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dash, EOS and ABBC Coin. Users can use this wallet to make payments for purchases and transactions securely and securely.
Education: ABBC coin will be an innovative electronic learning platform covering many topics, including finance, trading, stock exchange, cryptocurrencies, financial analysis, and asset management. ABBC coin’s mission is to provide the guidance and education they need to gain financial knowledge.
Charity: ABBC is a non-profit platform created to enhance blockchain technology and share financial benefits to all over the world.
What is ABBC coin used for?
The ABBC coin is the official electronic currency of the ABBC ecosystem; its main functions are as follows:
Use the ABBC coin directly to pay for purchases, products, and services inside the Shopping mall
ABBC coin is used to pay transaction fees in the Blockchain technology network.
ABBC coins are used to pay rewards for members participating in the member referral program.
ABBC Coin is led by a team of experts with extensive experience in blockchain and other fields. Highlights of the project include:
Jason Daniel Paul Philip, Founder & CEO: he has more than 8 years of experience as a developer, technology entrepreneur and developer of blockchain technology, cryptocurrencies and ICOs.
Umer Abbas – CTO of ABBC: he has more than 12 years of C # development experience, with many other members from the departments of blockchain technology development, mobile applications, finance and marketing.
When recalling the purpose of ABBC Coin, it is used mainly for payment in Shopping Mall.
Theoretically, the more people are involved in shopping in that Mall, the greater the demand for ABBC Coin purchases. At the same time, the demand for merchants has increased.