Review on ABBC Coin by Othere Obtentus
High tech
The ABBC project is working to develop a more scalable means for e-commerce and processing speed. ABBC also plans to resolve heavy
transaction costs and limited financing choices. When it began, the project combined token sales with consequent mining activities. This raised some doubts about the coin. ABBC Coin is an SEC standard utility token. It is the native coin of the Aladdin wallet and the Buyaladdin e-commerce program.
Aladdin wallet supports a number of platforms and virtual currencies. It enables a peer-to-peer cryptocurrency exchange. The team says that it
would fundamentally change electronic interactions. Buyaladdin, on the other end, offers a simple, safe and efficient global platform where consumers can purchase crypto assets. Built upon its ABBC blockchain, this virtual currency incorporates X13 hash algorithm. The X13 algorithm uses both the PoW and the PoS. The benefit of a hybrid token transaction enhances its efficiency and decreases the power consumption of mining.
Pros
- Biometrics recognition
- Scalable solution
- Trading and e-commerce
- Secure and simple
- Energy efficient
Cons
- Several reports of attcks on users through phishing emails
- Low volume and market cap
