Alchemy Coin Bestowed United Nations Blockchain Honor

Alchemy Coin
Alchemy Coin
Published in
4 min readSep 6, 2018

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New York, New York

September 6, 2018

Alchemy Coin, the global peer-to-peer lender, received an unexpected high honor when the United Nations invited the company to attend an upcoming blockchain consortium on September 13, 2018, at the United Nations Headquarter Building. Ban Ki-moon, the former Secretary-General of the United Nations, will also attend the conference as a demonstration of the growing significance emerging technologies are having on populations spanning the globe.

“This is an extraordinary honor for both Alchemy Coin and me personally,” says Alchemy Coin CEO Justin Jung. “Ban Ki-moon is a South Korean hero, and I grew up admiring his work in my homeland Korea as well as when he served as Secretary-General at the United Nations. I am very proud to attend a conference along side him and with so many of my counterparts from the blockchain ecosystem.”

According to an official release from a United Nations spokesperson: “Blockchain industry organizations are also an essential force in promoting technological development, participation in international cooperation, and the catalyst in reaching global consensus. To establish a worldwide network of cooperation for blockchain organizations, the International Information Development Organization (which serves as a special consultancy agency for the United Nations) will join hands with relevant blockchain organizations in the United States, China, Japan, Korea, Russia, and other leading digital economies in the world to launch the Global Consortium of Blockchain Organizations with a view to further push forward the formation of a three-dimensional global collaboration ecosystem in the blockchain field.”

In an interview with the global consultancy McKinsey, blockchain guru Don Tapscott highlighted the importance of blockchain on the economies of the world: “This is an extraordinary thing. An immutable, unhackable distributed database of digital assets. This is a platform for truth and it’s a platform for trust. The implications are staggering, not just for the financial-services industry but also right across virtually every aspect of society.”

Mr. Tapscott concluded: “I’m compelled most by the power of this opportunity. I’ve been at this 35 years, writing about the digital age. I’ve never seen a technology that I thought had greater potential for humanity.”

Mr. Jung says the revolution in blockchain technology is a global phenomenon and requires a spirit of cooperation in order for humanity to harness the full capabilities of the power, speed and sophistication of emerging technologies: “We have to work together on a global scale. Great programmers can be found in every corner of the globe and there is too much at stake to let petty differences stand in the way of growth. The United Nation is a beacon of peace around the world and I am incredibly excited about this unique opportunity to showcase my company’s product offering to pioneers far and wide.”

The official release continued: “Members of the Global Consortium of Blockchain Organizations will come from blockchain industry associations and research institutes from various countries. The integration’s objective is to continuously combine superior blockchain technology and research resources in order to establish the best service platform for information exchanges and resources connectivity among its members. Furthermore, it will also strive to develop the best platform to promote the development of blockchain technology and collaboration in industrial applications and the best pilot platform to accelerate the implementation and popularization of blockchain technology in key fields. Given the vast influence and prestige of your organization in the field of blockchain research in your country, the Organizing Committee of the Conference cordially invites you to attend the conference as a member of the Global Consortium of Blockchain Organizations.”

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Alchemy is a blockchain-based peer-to-peer (P2P) lending marketplace. The platform allows for instant and direct lending between supply-side lenders and demand-side borrowers from all over the world in a trusted manner using the advantages of smart contracts and blockchain technology. We offer a unique architecture to analyze and structure a credit risk-adjusted rate with the utilization of Artificial Intelligence and Machine Learning technologies. We aim to revolutionize the peer-to-peer lending market and serve as the leading infrastructure for credit providers and credit seekers. Alchemy will be the first peer-to-peer (P2P) lending platform that utilizes blockchain technology to reduce high credit risk and high default rate, while at the same time offering a risk-adjusted downside protection for capital commitment lenders. As Alchemy P2P credit products grow and the network expands, we aim to become the leading source of personal loan providers for individuals around the world.

For more information on Alchemy or to participate in the ICO check out: https://www.alchemycoin.io/

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Alchemy Coin
Alchemy Coin

One of the First Security Token that is being backed by TDOs (Tokenized Debt Obligations) https://alchemycoin.io/