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Review on ABBC Coin by Arun Kaul

Revainrating 4 out of 5

Technology that optimized for distribution, finance, shopping, security, using blockchain technology.

ABBC Project is designed to develop digital crypto-currency markets and objects for various purposes with their subsequent launch and integration into a unique ecosystem. It creates an e-commerce platform while providing a payment solution for the user’s convenience.
Consumers can pay using Alibaba coin (ABBC) and buy other online shopping mall products through their online shopping mall. This nullifies the transaction rates.

ABBC foundation gives the world a new solution which is a peer to peer platform connecting different business and consumers by integrating with their blockchain.

Their payment solution app allows users to easily integrate into their peer to peer business network and also provides conversion of any other cryptocurrencies through their internal peer to peer crypto exchange. Instant exchange of various crypto-currency is available on the platform: ABBC, Bitcoin, Ethereum, Dash, Litecoin, Qtum, Bitcoin Cash and Ripple.
Their network involves participation in the role of a trader or financial broker. The presence of such user’s role helps the functioning of peer to peer network providing liquidity and assistance to entrepreneurs.
The ABBC coin allows users to pay for purchases and make mutual settlements in cryptocurrency under a simplified structure of payments.


Some Additional info about Alibaba coin (ABBC):
Type: Utility
Platform: Ethereum
Price in ICO: 2.0846 USD
ICO start: 16th Mar 2018
ICO end: 3rd Jul 2018
Current price: $0.258798
Market cap: $118,394,657 USD
Circulating supply: 457,479,817 ABBC
Total supply: 1,002,163,770 ABBC




Pros
  • Provides services like facial recognition, shopping, and crypto exchange
  • Platform may benefit from the world's biggest retail service if used wisely
  • ABBC also has various dealers and agencies around the world
Cons
  • Lack of advisors and less investors may hinder the mass adoption
  • Big problem for dealers and agents if there are restrictions imposed in various countries
  • Limited sales and purchase of ABBC in various countries
  • Although the company has a solid plan, it needs to be able to present a roadmap on how each step will be fulfilled

Comments (1)

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September 26, 2019
You may have written reviews without doing research! Road maps exist on their website since the time you wrote the review. Where it is very well mentioned what they have done and what they are going to do.