AllianceBlock Protocol: the AllianceBlock Liquidity Mining product and ALBT token


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The AllianceBlock Protocol is a decentralized, blockchain-agnostic layer 2 that automates the process of converting any digital asset or crypto product into a bankable asset with an internationally recognized Individual Securities Identification Number (ISIN). The AllianceBlock Protocol bridges traditional and decentralized finance and automates the process of converting any digital or crypto asset into a bankable product.

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The mission and vision of the project are to build the world’s first globally compliant decentralized capital market and next-generation decentralized corporate and investment banking. In 2021, the V1.0 protocol will be released.

The AllianceBlock Liquidity Mining product

On November 7th, the company announced the launch of AllianceBlock’s very own liquidity mining product. The AllianceBlock Liquidity Mining product allows users to provide liquidity through a number of different protocols, starting with Uniswap. Users stake their liquidity pool tokens for a reward in ALBT and later a potential additional reward from their strategic partners.

ALBT token 

ALBT is a utility token based on the Ethereum network. By design, the ALBT token fulfills a number of critical functions that ensure ongoing demand correlated to ecosystem growth. The token can be used in the following ways:

  • A medium for exchange 
  • A means of reward,
  • The currency reserve of the ecosystem’s Treasury Pool
  • Network fees payments
  • Data access and query payments
  • Voting
  • Delegating of the voting power 
  • Staking
  • Network participant rating

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The article is written by Iana Kaminskaya and Mr. Anton Dziatkovskiy, the co-founder and CEO of Platinum Software Development Company.

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Anton Dzyatkovskii
Anton Dzyatkovskii

web3 & NFT projects mentor. Software Architect: solidity & rust / substrate. Lead Business Development Manager and Co-Founder at Platinum Software Development Company


antondzyatkovskii
antondzyatkovskii

Anton Dzyatkovskii is the blockchain architect lead. He is a passionate entrepreneur and a skilled negotiator. He is a hardworking business leader with more than 13 years of experience in different positions within the FinTech, Retail, and E-Commerce sectors. He is also experienced in expanding financial businesses to totally new markets.

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