can someone explain whats new with this project ?
If you knew ethereum, there is something and good about it's technology that is about to be developed. One notable feature is the Open Chain Access Protocol. This will be known as the Blockchain 3.0 someday and for sure it'll easily be adapted with the other tools being offered. You can read more on Arcblock's whitepaper here :
https://www.arcblock.io/file/whitepaper/WhitePaperEnV2_en-US.pdf?v=4