The Advent of ACChain

ACChain
3 min readApr 3, 2018

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ACChain’s winning blockchain ecosystem

Blockchain is a form of disruptive innovation, but before blockchain there was the internet. The internet, over the last twenty years, totally disrupted, for example, shopping from in-shop purchases to online purchases, social networks and the ways communities organize themselves, and online payment.

So, what is the true disruptive potential of blockchain, given it is just in its technology infancy? Well, it is what ACChain calls Blockchain 3.0 — asset digitalization. And only ACChain is uniquely placed, and accredited by IDAXC, to provide the complete platform to do it.

We have online shopping, but what are the benefits of a blockchain marketplace? The internet marketplace is full of counterfeited goods and cannot realize instant value transfer. If you like, the internet marketplace is more like an information repository. We can read reviews, and compare prices.

In the blockchain marketplace, since asset digitization has an inherent traceability function, digital assets have inherent mobility — we can transfer value instantly from node to node. Blockchain itself becomes a measurement tool for all real world assets. That is Blockchain 3.0 — that is ACChain.

Blockchain also gives us a digitalized asset utility channel. All data about a product or a resource can be recorded on the chain, and provides traceability paddock to plate. The ACChain system provides channels for digital assets to have their own utility tokens. When those tokens are used in the utility channel to access a real-world stake in a product, the data they represented is taken off the system as a tradable asset.

A high priority for ACChain is the rapid mobility of digital assets — far more rapid than if we were transferring their physical counterparts. We are setting up super nodes globally to realise such mobility and network speed — more information on the process can be found at https://www.acchain.org/en/acchain_install.html

Another boon of blockchain is as a settlement tool. Without settlement functionality, there is no liquidity. Thus, the blockchain can help revive barter society, as it can digitize assets and make them tradable between each other — so that apples really can be compared with oranges, and an equitable meeting point for trade is found.

In the next 5–10 years, traditional finance markets will continue to have a large influence on the world. As such, we will see a legacy period, during which crypto and traditional finance will vie for market share and find a common meeting ground. However, after that, Acchain.org, with an established settlement system for digital assets, will be rising high on the horizon as traditional fiat systems are eclipsed — simply because of ACC’s high efficiency in digitizing real-world value without the middle-man.

The other boon is the re-emergence of strong communities around the world, backed by a blockchain society. Distributed ledgers offer a trustless system — information, and control, no longer needs to centralized in a few trusted hands. This is ushering in a true era of global democratization, equality and collaboration. Everyone, the unbanked of today and the bankers of old, will be on an equal footing to direct the future trade economies of the world. What direction will you choose?

We hope for a fairer, more stable, more sustainable world — with ACChain at the heart of it, contributing to global well-being, prosperity, abundance, and joy. Let’s join together and create this.

Follow ACChain on Twitter: https://twitter.com/ACCHAINORG

Follow ACChain on Facebook: https://www.facebook.com/ACChainGlobal/

Whitepaper : https://www.acchain.org/whitePaper/Acchain_whitepaper_En.pdf

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ACChain

ACChain.org — your tool for transforming physical assets into digital assets. www.ACChain.org is the only official website. 是资产数字化的平台和工具,是全球的公共社区。