INTRODUCTION
The economy is filled with gross corruption which has affected all the fraction of the production and the way goods and services are provided to customers. This defect has always started from the top members or officials of an organization before it then flows down to the staffs and also to third parties in every operation. It a whole system happens to be driven by this element, it is sure that that particular system cannot function at best until the corruption there is addressed. Many staffs are overpaid today as a result of this and customers face a lot from merchants due to this same corruption. Now it means this entity called corruption is standing in the way of development especially of cryptocurrencies, making it hard to have a penetration into the Fiat environment with all sought of vices that are used. For that to be addressed, ARCC can be employed.
HOW ARCC IS BEST TO HANDLE CORRUPT PRACTICE.
Majority of the irregularities in the cryptocommunity as seen to be caused by the depraved state of projects are as a result of monopoly which is very rampant. That has limited the scope of reach and how other sectors benefit from decentralisation that is going round and round. Arcc hope to resolve this so that the solutions available already in the block chain can easily circulate well without anything holding it. Both the existing market and the just emerging one needs to break all bonds of corrupt practice in them so as to get repositioned for something better than what they have experienced before when it comes to their work or the services they render. This approach will make all operations done steadily at the right time and perfection will be seen in it. Through the decentralisation features it gives for use, all the traces of corruption will disappear so that good state of working and interaction with others can be established. There is a lot more about Arcc that need to be known, it is not a new establishment as it is seen, being backed by The international Blockchain Monetary Reserve, it will make so many things possible through its relation with this body. Although this body is having so much relevance in Asia as we speak, it has the aim of making crypto coins available continuously and preventing all forms of fraudulent practice with them by allowing those who use them to obey certain policy or follow some set of rules to be able to meet up with compliance of use.
The International Blockchain Monetary Reserve, IBMR.io, is a social impact of economic development reserves and advisors formed to promote the development of inclusive economies distributed for poor workers in poor cities that fail in emerging markets through the issuance of regional 'crypto' reserve currencies supported by the correspondence of a decentralized economic structure, basic assets and regional market alignment.
Evidence of Social Work 'is the basis for IBMR.io's economic development model that creates an inclusive wealth distribution network that promotes radical social transparency for a corrupt free entrepreneurial environment that allows for optimal deployment of' crypto-reserve currency 'macroeconomic stabilizers as' micro assets' for production .
IBMR.io is registered in Singapore, and the first focus of development is Southeast Asia. Through ARCC publishing and support, the Asia Reserve Currency Coin, IBMR.io intends to break the cycle of poverty, corruption and wealth differences in emerging markets through the decentralized property of cryptocurrency and blockchain technology.
ARCC'S RELATIONSHIP WITH THE (POW)
With respect to the transactions that needs to be satisfied, this platform works with a proof of work infrastructure that enhances its way of working and make all participants of the system able to make all forms of transactions that will be well controlled and guided by the (POW) so that those who are able to continue have their activities guided by the most perfect conditions free from depravity. The entire choice will be left for the governmental bodies to make when it comes too giving price and purchasing all kinds of useful data and that will help to prevent the spread of depravities in the entire world population and also in the market where it matters most.
This project has a very stable own as its own native coin. This will be the primary source of its advancement and the way people get to use Arcc. Although there are other platforms that has tokens which elevate them, this ARCC coin have no boundaries or limited by any condition, it works well and set users on a high plain to be in a better position to make use of the ecosystem more. The users therefore have a benefit that comes through incentivizing by coins, it gives them a chance to relate well with the platform and so that all forms of practice that can bring about the degeneration of many programs can be contained. The token ARCC will be needed by all users in the project and they will be allocated to the points of use year in year out up to a period of four decades. This means that ARCC is in for a long term operation to completely change the poor state of the economy.
ARCC TEAM
- Stanley K. Kwok
- Eric Tao
- Geraldine M. Diaz
- Vince Wang
- Joel Malasaga
- Darius Yuen
- Mark Mu-Chi Sung
- Conroy Cheng
- Morgan Potter
CONCLUSION
From what the body IBMR has provided as a guide, it will improve the chance this establishment has to revamp the whole system of the world and that means this platform nis good enough to be launched now. All forms of monopolistic endeavors and third parties that easily corrupt the flow of operations will be handled. The entire world market will receive a change and become better in its operations. This is all about the review on ARCC.
Because this article cannot capture the unique features, strengths and mission of this great project, I advise readers to also read the ARCC whitepaper https://ibmr.io/whitepaper/ and website: https://ibmr.io/ for complete information.
USEFUL LINKS;
Website : https://ibmr.io
Whitepaper: https://ibmr.io/whitepaper/
Telegram : https://t.me/arccenglish
Twitter : https://twitter.com/ARCC_IBMR
Telegram channel : https://t.me/arccannouncements
Author Sengkuni
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2215475
ETH : 0x841195014dd6AE32F3eC4B914fbEB1CCc73aC51E
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