Category: Recently Added Whitepapers

The market of crypto-currencies is rapidly growing, and many government organizations are anxious if the crypto currency is able to displace traditional money from the market. Of course, it is impossible now due to the lack of a full-fledged infrastructure, but in the nearest future, the embodiment of this theory will become real, and we will probably become not only witnesses, but also the participants of this process.

Cryptocurrencies become full-fledged money (a means of exchange of values). We believe

that the creation of services focused on working with cryptocurrencies today is a successful business.

ABBC Project is an open platform that works on distributed ledger technology, which makes it open and transparent to all participants. It is designed to develop digital crypto-currency markets and objects for various purposes with their subsequent launch and integration into a unique ecosystem.

ABBC Foundation will create an e-commerce platform (online shopping platform) while providing a payment solution for user’s convenience. Basically, it is a platform whereby consumers can pay using ABBC Coins and buy other major online shopping mall products through our online shopping mall. This will allow users to avoid exchange rates or transaction fees which occur when they use credit card or PayPal if consumers are from different countries other than the currency the shopping mall supports. Rather than signing up in different online shopping malls, if you are an ABBC holder, you can simply visit ABBC online shopping mall and buy products through our platform.

Online Shopping platform will receive reward points according to the total spending on their purchases. These reward points can be accumulate to exchange for selected products on our platform. These days the issue that users face is that their points are separately accounted for as they made purchases on different online shopping platform. However, with our reward point system it solves the inflexibility that allow user to accumulate their rewards points in one platform.

ABBC Foundation gives the world a new solution, thanks to which the use and storage of

crypto-currency will become safe. ABBC solution acts as a P2P platform connecting different businesses and consumers by integrating with our blockchain.

Our mission

Building a system of e-commerce business is quite a sophisticated problem. The company

has to spend a lot of resources on creating a team and channels of distribution. In addition, one should know how to promote a product in light of trends and specificity of a particular market.

Providing users with a flexible, fast and secure platform with an efficient system based on the latest developments.

We create a service and an app that is freely integrated into any Internet marketplace and allows any entrepreneurs to make transactions with each other remotely.

ABBC

In March of this year, we released version one of our whitepaper, which explained
what IDealCash was all about, and explained our vision going forwards. Now, three
months later, we embark on version two of our whitepaper. This whitepaper has
been co-authored by our extended team consisting of key community members that
have shown great support and interest in the project.

The IDealCash Dual-Economy
We propose a new economic model, a dual-economy for IDealCash. This dualcurrency model is described herein much more detail (readme).
Here is a quote from the aforementioned article:
The phrase “multiple payment systems” typically brings to mind objects such
as checks, credit cards, debit cards and, more recently, “smart” cards.
However, many countries throughout history have used more than one
currency at a time. In fact, although we tend to forget it, the use of multiple
currencies as media of exchange in the United States was common into the
1930s. During its bimetallism period, the United States used two different
government-issued commodity monies: gold and silver coins. More recently,
we observe two-currency payment systems in developing and transitional
economies, in which many modern payment systems are unavailable.
Nevertheless, citizens may adopt a dual-payment system by using the dollar in
addition to their own locally issued fiat currency as a medium of exchange,
store of value, and unit of account.

Dual-currency crypto economies will start to flourish and persist more today and
through the future as a way to avoid devaluation of the main original currency, and
avoid unstable, unreliable banking systems, and government restrictions on your
trade while using any different forms of payment.

We believe that a dual-currency model can work for IDealCash. IDealCash (DEAL) is
analogous to silver (i.e., currency for data-to-day transactions) and IDealGold (DEALT)
is analogous to gold (i.e., the primary store of value).

iDealCash Website
iDealCash Whitepaper

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