https://scontent-nrt1-1.xx.fbcdn.net/v/t31.0-8/25398270_122477765208478_8718676669748220165_o.jpg?oh=5bc0f7b7bce55e3d5618208ad88277ce&oe=5A88D300Asset Collection Coin (ACC) Construction of A-SDR Digital Currency Basket
ACChain Builds Global Settlement System of Digital Currency
Website|White Paper|GitHub|ACC Wallet|Twitter|Facebook|Youtube|Medium|Slack|Telegram As an open-source Blockchain application tool, ACChain provides "one-stop shopping" within the asset digitization universe: from real assets to digital currency and vice versa; from digital currency to digital currency; and even from digital currency to fiat.
Also offered are Information Streams and full Application Support, both of which are required for the circulation of asset-based digital currencies and tokens, but are missing with other alt-coins.
What ACChain ultimately brings to the party is a fairer, freer, safer and more sustainable digital currency Eco-System.
ACCoin, the "fuel coin" for ACChain, is meant to be the standard token of global circulation for the A-SDR digital currency basket, and will ultimately be the settlement standard token of digital currencies worldwide.
A-SDR Digital Currency Basket The IMF vision -- an SDR Standard
In 2011, the IMF brought up the necessity of a conceptual revolution for international currencies due to the challenges that the global currency system had been facing since 2008. It suggested that part of the solution was to create a new class of reserve asset, the tradable "SDR." Ultimately, all assets of all kinds could be valued in terms of SDRs. The IMF suggested taking the world from a dollar-centric monetary system to a SDR-centric monetary standard.
What is A-SDR?
It is our intention to create a decentralized and trustful, safer and more stable, digital currency system to support free issuance, circulation and settlement of global assets as a supplement to, and support for, the world of fiat.
That is the fundamental reason why the "ACCoin" and the "ACChain Special Drawing Rights" (namely: A-SDR) were created.
A-SDR is the abbreviation for "ACChain Special Drawing Rights." It is designed to facilitate a Remittance and Settlement system for global digital currencies. The A-SDR digital currency basket consists of three mainstream layer coins: Bitcoin (BTC), Ethereum (ETH), and Asset Standard Token (ACC). ACC will become the standard token of circulation and settlement for global digital currencies via the A-SDR digital currency basket. Through the global digital currency Eco-System constructed by ACChain -- combining Bitcoin (BTC), Ethereum (ETH) and Asset Standard Token (ACC) -- we will achieve full spectrum coverage for all global digital currency transactions.
How Does It Work?
By "anchoring" BTC and ETH(digital gold reserve), ACC creates a brand-new Remittance and Settlement system for global digital currencies.
1. Settlement of A-SDR and Super nodes.
Based on the A-SDR basket entry-token, the inter-relationships of the exchange rates, and remittance/settlement via the super node tokens, specific industry tokens can be built.
2. Settlement of A-SDR and fiats.
This function is based on the A-SDR basket entry-token defining an exchange rate for fiat tokens issued by the digital currency banks (who have the right to issue fiat tokens for settlement). The Remittance and Settlement systems built by the A-SDR basket entry-token interacting with fiat tokens constructs the "bridge" between digital finance and traditional finance.
A-SDR and ACChain3+2 Ecosystem
ACChain is an open-source Blockchain application tool, managed by the decentralized global management institution known as International Digital Asset Exchange Council, short for IDAXC.
Background to ACChain
ACCoin is the root exchange token launched by ACChain. ACChain was originally launched on May, 2017. It has already established 7 super nodes .
These super nodes are responsible for recording ACChain transaction data and coordinating the processes of Issuance, Circulation and Settlement of digital currency.
The two application functions, Redemption and Exchange, are additionally formed via the ACChain. With the ongoing completion of the ACChain "3+2" enterprise Eco-System, the super node and application based on the core ACChain will become more robust.
The ACChain "3+2" enterprise Eco-System is based on the ACChain root or core chain, which includes all critical digital currency functions such as Issuance, Circulation and Settlement of digital currencies as well the two additional service aspects -- the ACChain Community and the ACChain Developer Platform.
Issuance
In the enterprise ecology of ACChain 3+2, any physical asset can be transformed into digital currency via Blockchain technology, i.e., via the issuance of digital tokens.
Realized on July, 2017. Issue your assets
https://www.acchain.org/en/que_ans.htmlCirculation
Settlement
On December 5, 2017, ACChain initiated and established the A-SDR Foundation to construct a settlement system for global digital currencies, which includes cross-border transactions; settlement; settlement between digital currencies and fiats; and so on.
Community and Developer Platform
ACChain is an open-source application tool based on decentralized community member autonomous participation and co-construction. Via Community, users can communicate by sharing information, advice, tips and concerns; via the Application platform (developers), work approved by the community can generate rewards.
The above two functions will be upscaled gradually in 2018.
Participate in A-SDR
Participate gateway：https://www.acchain.org/activity.html Name： Digital currency A-SDR fund
Size： 100 million coins of ACC
Exchange Rate：1 BTC = 14000 ACC 1 ETH = 420 ACC 1USDT=1ACC
Use： To build digital currency settlement system, invest in digital asset bank and construct digital asset transaction system
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