ARCC Stablecoin Cryptocurrency to Fight Corruption

The International Blockchain Monetary have shared that they’re currently developing a stable coin named Reserve Currency Coin (ARCC) to solve the corruption problem among the society. ARCC explained, “I will work similar to a social proof-of-work. People have to prove that they are working for the good of everyone by simply submitting and validating reports in various situations.”

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ARCC Stablecoin Cryptocurrency to Fight Corruption

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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