ARCC – Creating and Reallocating Wealth Through The Killing Of Corruption.
The world of corruption getting eliminated with cryptocurrency based platforms..
Bitcoin came as a proof to the concept of decentralization of peer-to-peer trustless electronic cash. It opened the eyes of the world to a currency other than the traditional currency of dollars, euro’s, yens and so on that we know. It brought the economic achievement of the global non-fiat currency.
Although Bitcoin came fully equipped, it didn’t solve the issue facing the economic structure of emerging markets which is the corruption in the system.
Scope of the project
Usually, it is restricted and relatively impossible for NGOs and other foreign-based agencies to deal with another countries corruption. However, the corruption is present and we are all being affected as we have become targets for exploitation and maneuvering. This leads to IBMR.io proposing a block chain technology approach for the development of emerging markets in south east Asia which allows the solution to become easy to provide based on a decentralized platform that is independent and built from the start rather than modifying existing corrupt centralized systems which would be much more difficult to achieve. As such there is the presentation of a new economic development model based on the power cryptocurrencies bring with them. The decentralization not only fosters interconnectedness and instant widespread but also it brings a true democratic effect where everyone’s participation is important and possible.
IBMR.io introducing ARCC
IBMR.IO decided on the action to create a social proof of work rewarding users with ARCC (Asia Reserve Currency Coin.) that helps to eradicate the issue of corruption in the southeast Asia. This social proof of work allows its users to participate in corruption eradicating movements which include socio-economic surveys and direct report on and get cross-verified points of corruption in the urban areas. In order to get people, participate in the movement, ARCC are earned by the users through the act of social mining.
ARCC, in order to establish itself as a long term valued currency would be position itself as a macroeconomic stable coin ‘regional crypto-reserve currency’ and a ‘micro asset”.
Conclusion
The widespread corruption in emerging markets has led to an innovation of using decentralized systems to solve the issue. The advantages brought by crypto currencies is becoming limitless and it just provides almost all the solution to our marketing problems giving every person the right to control the market without a central control.
The Team
USEFUL LINKS
- Website: https://ibmr.io
- Whitepaper: https://ibmr.io/wp-content/uploads/2019/01/ARCC-WHITE-PAPER-v12.5-Final-2019.pdf
- Reddit: https://www.reddit.com/r/ARCCtoken
- Twitter: https://bit.ly/ARCCTwitter
- Facebook: https://bit.ly/ARCCFB
- Medium: https://bit.ly/ARCCMEDIUM
- Telegram: https://t.me/arccenglish
Writer’s Information
- Bitcointalk username: invbeejay
- Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1900615