AMBACOIN | A REVOLUTIONIZED AMBAZONIA LEGAL TENDER ON THE DECENTRALIZED BLOCKCHAIN

aaalevi (29)in #cryptocurrency • 5 years ago (edited)

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Introduction
Crypto has gone viral to the extent of it becoming the crossover story of the present-day story. Its pertinent to have an understanding of Blockchain technology and the financial system of the globe to really understand how this has come to be in existence. In 2017, the crypto world gained unusual high investors. ICO (Initial Coin Offer) became the talk of the town backed by the ceaseless efforts of the genuine innovator and fevered hype. Today, Initial Coin Offer and crypto is now a recent class of asset, hailed by the global investors that are active, though there exist criticism within the economy but crypto has shown to the critics that it is the recent exchange, investment and transaction to involve in. A new approach to project funding has been created ICOs.

Identified problems associated with existing crypto

Absent of reserved crypto for the mitigation of risk
The investors and traders that are into the transaction of crypto must learn to accept the fact that they are prone to risks. This is because there is always no reserve crypto that can mitigate risks satisfactorily.
Tension born out of fears of fraud
There exist an identified tension that has left the minds of crypto investors unsettled. This tension results from fraud, bankruptcy, and hacking which at most times could be self declared, investors currencies are totally at the danger of being lost because it was done on cryptos in time past. If this problem is left unattended to, it will hinder the growth and advancement of cryosphere as a class of asset
Lack of security
The security of some crypto platform is very poor, this has resulted in a high level of insecurity. Many exchanges were hacked some years back. Crypto worth of millions of dollars were stolen in 2017 and also some similar cases were recorded in 2018. The amount of assets that was stolen had gotten to an alarming state. When tokens and coins are kept in a centralized economy, the assets of investors can be missing within seconds and are very difficult to trace and retrieve. This sad occurrence has happened and will still happen if nothing is done about it. This is where AmbaCoin comes in.

AmbaCoin is a decentralized open blockchain and cryptocurrency for the New Nation Ambazonia.

THIS IS JUST THE BEGINNING OF AMBACOIN HISTORY

A National Cryptocurrency for the New Nation Ambazonia planned by Ambazonian technocrats. The Ambazonia People are battling to pick up autonomy from 57 years of minimization, servitude and untold hardship dispensed on 8 million individuals. Today, I present to you a Revolutionary CryptoCurrency, the "AmbaCoin", a shrewd contract ICO sponsored by post-autonomy Ambazonia

The AMBA ICO is a Government Bond Smart Contract sponsored by the Rich Natural Resources in the region, and a Buy-Back arrangement by the Post Independent Ambazonian Treasury that is bolstered by every single ideological group of Ambazonia. AmbaCoin will make open doors for ventures and her country to have an open named item worked for them inside the Ecosystem. This will empower the endeavor to use the AmbaCoin Ecosystem's fast exchange speeds, moment money transformations and affirmations, Dynamic Biometrics-based security checks, and the Multi-Decentralized™ Digital Currency for their own advantages.

AmbaCoin is a promissory contract between the International Community and the Post Independent Ambazonian Government. All offers of the AmbaCoin will be coordinated to finance the Ambazonian Cause, to help Refugees and Internally Displaced Persons, to reconstruct homes obliterated by possessing military powers, and to protect networks from the abusive routine of La Republique Du Cameroun.

AmbaCoin offers a total answer for networks, helpful motion of help towards reestablishing the statehood, Refugees, specialist organizations, online markets and some other control. Our capacity to record different exchanges every second on private blockchains makes the extraordinary AmbaCoin environment one of a kind.

The AmbaCoin Eсоѕуѕtеm рrоvidеѕ аn аrrау оf blockchain nеtwоrkѕ whiсh аllоw inѕtаnt оn-сhаin and сrоѕѕ-сhаin trаnѕасtiоnѕ аt mоrе thаn thousand exchanges for every ѕесоnd and distributed rоlеѕ аnd реrmiѕѕiоnѕ tо рrоtесt ѕеnѕitivе data. AmbaCoin accomplishes such high exchange rаtеѕ bу uѕing blockchain сhаnnеlѕ in an extraordinary wау. Each blockchain сhаnnеl comprises оf fivе nоdеѕ and iѕ proficient оf coming to аррrоximаtеlу thousands trаnѕасtiоnѕ per ѕесоnd. AmbaCoin соmbinеѕ mаnу of thеѕе сhаnnеlѕ to fоrm a stage layer, and mаnу layers to encourage multi-dесеntrаlizаtiоn аnd mаximum security.

THE CHARACTERISTICS OF OPEN ECOSYSTEMS OF AMBACOIN INCLUDE

The progressive pecking order of dynamic security testing of biometric types.

Unmatched multi-cash ability and multi-esteem security for organizations, people and the network on the loose.

Lightning exchange, affirmation touched base at the earliest opportunity. This is essential for clients that request speed when playing out various exchanges.

Every customer works with a different encryption convention, which enables you to shield clients from tricks.

Full enrollment of computerized rights.

Perplexing and complex B2B and B2C stages.

Budgetary exchanges with common straightforwardness.

The Nation commission rate depends on AmbaCoin cash proprietorship.

Security API with ostensible structure.

AMBACOIN MODERN PROJECT

The cutting edge AmbaCoin venture gives the Nation a novel chance to build up their own locale to capitalize on their work. Organizations will almost certainly make any arranged exchanges rapidly and safely, utilizing the AmbaCoin Ecosystem for this. This stage enables you to depend on moment cash changes, just as approval, security checks dependent on Dynamic BiometricsTM. This is a creative advanced cash stage that enables you to rapidly work with resources and execute secured exchanges.

AmbaCoin is a start to finish/shared creative BLOCKCHAIN arrangements and advancement stage. This stage has built up a BLOCKCHAIN innovation that upgrades worldwide physical item exchanging over the entire item life cycle of a product exchange.

THE AMBACOIN
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