As a next step toward responsible decentralization of the Algorand network, Silvio Micali and Jing Chen share a proposal for further decentralizing Algorand Governance

ARCC.one

Digital Assets, Defi

About ARRC

IBMR.io launched the Asia Reserve Currency Coin (ARCC), the world’s first microasset, in an effort to break the cycle of poverty, exploitation and wealth disparity in emerging markets through the decentralized network effects of blockchain. ARCC.one is designed to support the ARCC as the world's first 'micro asset' that enables the financial inclusion of the urban working poor in Southeast Asia, wherein over 300 million adults do not have a bank account or lack proper access to credit, investment and insurance facilities.

How ARCC is using Algorand

IBMR.io was among the first to issue a digital asset on Algorand, leveraging the Algorand Standard Asset (ASA) functionality that allows for the tokenization and on-chain representation of the ARCC. Through ARCC.one users can complete socio-economic surveys to earn ARCC tokens. Once earned, ARCC tokens can be used in asset management services through ecosystem microfinance partners to build wealth.

The International Blockchain Monetary Reserve, IBMR.io, Launches Southeast Asia Microfinance Platform and Token on Algorand 2.0 

Latest News

Dec 12, 2019
|
CoinTelegraph

IBMR and Blockchain Firm Algorand Launch Microfinance Platform

Dec 12, 2019
|
CryptoNinjas

IBMR launches Algorand powered microfinance platform for Southeast Asia

Dec 13, 2019
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Brave New Coin

New partnership aims to take DeFi to the unbanked

April 1, 2020
|
Yahoo!

IBMR to Run Microfinance App on ARCC

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