InstaForex

August 29, 2021

AllianceBlock - An Extraordinary Protocol, Linking Traditional Finance (CeFi) & DeFi!

 Having very similar objectives to Unizen (ZCX), AllianceBlock (ALBT) is also no less impressive to be one of the blockchains that is carving a name.


What is AllianceBlock?


AllianceBlock Protocol is believed to be a decentralized Layer-2 blockchain, linking traditional finance (CeFi) and decentralized (DeFi), while performing the automatic conversion of any digital or crypto asset to a product accepted by the banking system.


The Decentralized Capital Market concept that AllianceBlock is trying to promote offers a robust solution and high efficiency at an appropriate cost, sufficient when the market is still dependent on centralized trading validation.


AllianceBlock Protocol, Prometheus Protocol


There are three main keys that play an important role in meeting the challenges facing institutional groups:


Data Governance Layer - all information will be collected, processed, and separated in full compliance with regulatory requirements to ensure user privacy assurance and transaction transparency.

Cross-Border Regulatory Compliance Layer (CBRCL)-ensures harmonious integration with existing legal and regulatory structures around the world.

Security Issuance & Lifecycle Layer-ensures the tokenization of digital securities to digitized securities is in accordance with the law.

Coin ALBT



Like other coins, ALBT is a mainstay of the AllianceBlock ecosystem. Its functions are various and among them:


As the main medium of exchange

Payment of transaction costs

As a reward to node owners and network participants

Used for staking

Works in coin burning

The maximum supply of ALBT reached 1 billion. However, at the time of writing, as much as 23% or over 232 million ALBTs are in the current supply cycle.


Projects and collaborations


To date, AllianceBlock has heavily launched several collaborations with leading networks and one of them is Unizen (ZCX).


Apart from that, they also forged a relationship with LimeChain in an effort to create and support Liquidity Mining as a Service (LMaaS) which was self -developed by AllianceBlock.


Perhaps, some are interested in AllianceBlock’s growth journey for the future. If you are interested in investing in ALBT, can start trading through Uniswap, KuCoin, and Bitfinex.


Anyway, before you start investing don’t forget to DYOR!