Asia Reserve Currency Coin (ARCC)

The Asia Reserve Currency Coin (ARCC) is an inclusive, distributed, and accessible coin that aims to solve the problem of wealth disparity and inequality in failing emerging markets, particularly in Southeast Asia. The International Blockchain Monetary Reserve (IBMR) is behind ARCC, and its mission is to use blockchain technology to break the cycle of poverty and exploitation. The urban working poor, comprising a significant portion of the population, face challenges such as being unbanked and undocumented. ARCC aims to empower these communities by creating and growing assets through its decentralized economic network.

ARCC introduces the concept of Social Proof of Work (SPoW), where users can mine ARCC on the ARCC.one fintech network without the need for mining hardware or staking existing coins. This makes it accessible and inclusive for users. The governance of the ARCC token economy is maintained by the ARCC Monetary Policy Council (MPC), ensuring decentralized decision-making. The underlying asset structure of ARCC is part of the overall Reserve structure, including investments in technology companies and infrastructure by IBMR.io.

Through its innovative approach and commitment to addressing the issues of poverty and inequality, ARCC and the IBMR strive to create a more sustainable and fair economic system. By harnessing the power of blockchain technology and providing opportunities for communities to grow and thrive, ARCC aims to positively impact global inequality and empower those marginalized in traditional financial systems.