Small to medium-size marketplaces can greatly benefit from the reduction in the payment processing fees and access to additional global markets offered by ABBC Coin, according to their team. Abjcoin achieves its idea through a global market on the platform, where a number of African fiat currencies can be easily paired against and for the Abjcoin. Unlike the banks, the account can’t be frozen; the transactions are free and conducted anonymously and thanks to Blockchain technology, they are also secure and extremely fast. Abjcoin is a first-of-its kind trade exchange and payment platform in Africa, aiming to connect corporate, digital asset exchanges, payment providers and banks into one decentralized system. Although it’s founded in Nigeria, it aims to extend to other parts of Africa and the world at large. A list of the top Abjcoin markets across all crypto exchanges based on the highest 24h trading volume, with their current price.
Beyond this, ABBC Coins were created as a reward system for online shoppers and can be staked for regular rewards. This phase involved developing the core software of Abjcoin that would be compatible with Linux, Windows and other types of OS. It included setting up mining pools block explorer, mobile apps, trade market and market cap.
Because i want to promote more as this project is focus to bring payment systems to Africa. The first phase is the Core phase, the second is the Exchange and trade phase, and abj coin the third is the institution phase. ABBC Coin has its total supply set at a maximum of 1,423,973,934 ABBC. As of writing, just under half of this is currently in circulation.
The listing of the three major international exchanges also took place in this phase, whereby Ecommerce payment plugin was integrated. This process makes it easy for on-board merchants that accept Abjcoin payment for offline and online stores globally to transact seamlessly. ABBC is a blockchain platform that enables secure payment transactions, helping to facilitate retail adoption of cryptocurrencies and make shopping online with digital assets a safer, more enjoyable experience for end-users. The main mission of ABBC is to facilitate fast, efficient and secure online retail through the utilization of blockchain technology.
Take a look at EOS, the native asset to the EOSIO blockchain. ABBC coin was co-founded by Jason Daniel Paul Philip, the platform’s current CEO, in combination with Hasan Abbas, its current CTO. Abjcoin mobile wallet for shopping directly from wallet balance.
In addition to PoS minting, AbjCoin coin can be mined with CPU/GPU and does not need an ASIC miner like Bitcoin does. However, the most popular way is to exchange them on crypto currency sites where you can buy, sell or exchange AbjCoin coin for another digital currency or fiat money. Integrate into banking institutions for faster and global payments, list AbjCoin on global stock markets, and implement ABJCOIN ATMs. AbjCoin operations will be extended to developing African Countries, to enable borderless payments and limitless international trades.
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Abjcoin main objective is to contribute to the Pan African economy and markets by fostering the exchange of goods and services on a global scale. Moreover, ABBC is focused on achieving full decentralization through community governance. In addition to the current team, holders of the ABBC Coin token have voting power which can be delegated so others can vote on their behalf. Block producers can vote on ABBC’s governance proposals, helping to shape the development and future of ABBC Coin. On the other hand, Hasan Abbas doesn’t have much of an online presence, and his background is unknown. This is the last phase of Abjcoin and it aims to give financial institutions faster global payments, as well as implementing Abjcoin ATMs.
Abjcoin will connect banks, payment providers, digital asset exchanges and corporates to provide one frictionless experience to use money globally. Abjcoin aims to provide a payment process and trade exchange between Nigerians and other part of the world. Abjcoin aims to provide a payment process and trade exchange between Africans and the rest of the world. Abjcoin is an open source, peer-to-peer, community driven decentralized cryptocurrency. The first Nigeria Blockchain solution for frictionless Global payment. To make trading a reality Abjcoin embarked on the next phase which involved developing an auto trader and exchange that would see users trade fiat currencies.
By allowing the community to vote to add, change or remove block producers, ABBC gives token holders the opportunity to empower entities they believe will work in the best interests of the network. If you would like to know where to buy ABBC Coin at the current rate, the top cryptocurrency exchanges for trading in ABBC Coin stock are currently Bitget, CoinTiger, KuCoin, Gate.io, and Huobi. Unlike many blockchain projects, ABBC Coin has a relatively simple token distribution schedule, with 80% of tokens created during the token generation event allocated to investors and 20% to the project authors and team. The exact information about how these tokens will be distributed, or under which conditions they will be used by the ABBC Foundation and team has not been made publicly available as of November 2020. Although ABBC started out as a fork of Bitcoin , it transitioned to the EOSIO blockchain in August 2019. The central benefit of the EOSIO software is that the amount of bandwidth available is independent of the token price, making it suitable for scaling platforms like ABBC Coin.
An overview showing the statistics of Abjcoin, such as the base and quote currency, the rank, and trading volume. There is no recent price data for this coin, because we don’t see trading activity currently. This includes developing AbjCoin Core software for windox, linux and other operating systems, https://cryptolisting.org/ Setting up Block Explorer, Mining pools , and mobile device applications. AbjCoin will be available for mining through Proof of work at this early stage, and continuously on Proof of stake. To purchase other cryptocurrencies with your debit or credit card, check out our simple guide — here.
On-board merchants accepting AbjCoin payment for both online and ofline stores all around the world. Abjcoin uses a special algorithm called the POW/POS to secure the Blockchain network. The moment you acquire AbjCoin Core PC software, it becomes an interest bearing asset with 15% return per year through PoS minting. All you have to do to earn with this method is to hold coins in your AbjCoin-QT wallet.
The top crypto exchanges that have Abjcoin available for trading, ranked by 24h trading volume and the current price. It involves Developing AbjCoin Auto Trader and Exchange to Fiat Currencies in Africa. List AbjCoin in 3 major international exchanges , Coinmarketcap and E-commerce payment plugin integration .
The move will also see the operations extended to other developing countries in Africa for the purpose of endorsing limitless and borderless international trades. Abjcoin does not just target individual users to send and receive money. Its main aim is to expand and reach out to banks and businesses across the globe, allowing them to use the platform from any corner of the world.
In order to secure its network, Abjcoin uses the Proof of stake Algorithm, allowing users to keep wallets open and get a stake ranging from 1% to 100% yearly, according to the weight of the network. Anna-coulby — Please be very careful as there are fake bitcoin mining/clouding out there, lost my money with 3 seperate scam crypto investment companies and I can… Download AbjCoin windows or Linus desktop wallet, which allows you to receive AbjCoin, store them, and then send them to others.
ABBC has been publicly trading since 2018 and is now listed on a wide variety of exchange platforms, including BitMax, Bithumb and Hotbit. As it stands, ABBC is only available to trade against Bitcoin , Ethereum and Tether — there are currently no fiat trading pairs available for ABBC Coin. With ABBC Coin, any token holder can vote for block producers who are tasked with achieving consensus with other BPs, helping to ensure the network remains secure and that only valid transactions are confirmed.
ABBC Coin was initially forked from Bitcoin, but later transitioned to the EOSIO blockchain. As a result, it now utilizes the EOSIO DPoS consensus algorithm to secure its network. The ABBC Coin was created to give holders the ability to govern the development of the ABBC platform by delegating voting power to chosen block producers — who are then able to vote on governance proposals. These governance proposals can be on a range of topics but might include launching strategic partnerships, implementing new features or expanding ABBC’s services to new regions.
In the world of cryptocurrencies, most transactions are done anonymously, allowing anyone to transact or run a wallet. No personal information is required – all you have to do is register and account and use the Abjcoin address to send or receive funds. Use the calculator to convert real-time prices between all available cryptocurrencies and fiat. Abjcoin global commerce conference will be held in Lagos, featuring top organization and government, and could be featuring the first cryptocurrency ATM in Africa.
Arben Kane is ABBC’s global chief strategy officer and also both founder and CEO of Kontur, a global provider of SaaS-based critical event management solutions. G.W Lee is the CSO of ABBC Coin and Zeeshan Javeed leads the ABBC foundation technological development and solutions. ABBC Coin was initially known as Alibabacoin but changed its name in March 2019 following a dispute with Chinese multinational e-commerce giant Alibaba. Change the wallet network in the MetaMask Application to add this contract. View the total and circulating supply of Abjcoin, including details on how the supplies are calculated. Abjcoin will be listed on Cryptopia, CoinExchange,Yobit and more.
It also allows you to stake Abjcoin automatically to earn block rewards. The entire team of ABBC has 23 members in its blockchain developer team, 15 individuals in its marketing team, four in its blockchain security team and three in its finance team. ABBC is currently based on the EOSIO blockchain, which enables it to achieve up to 5,000 transactions per second while remaining environmentally friendly due to its energy-efficient delegated proof-of-stake consensus mechanism.