Alliance Block is A MUST

Alliance Block is A MUST


What is Alliance Block


Traditional finance methods are slow, outdated, costly, inefficient, and often controlled by a third party centralized entity. Decentralized finance struggles to bring in real world lenders and investors due to the security concerns that come with anonymity. This is where Alliance Block comes to play. They hope to bridge these two worlds and fix many issues both methods struggle from by using the best tools decentralized finance has to offer. Smart Contracts, KYC/AML/KYB verification, cybersecurity and efficiency that comes with layer 2 building, to adhere and constantly adapt to different rules and regulations across the globe building the world’s first globally compliant decentralized capital market. 

To begin, Alliance Block uses Chainlink’s programmable smart contracts which automatically execute agreements when predefined conditions are met. This cuts out third party centralized entities, by being fully automatic, and 100% decentralized. Users can agree to use a smart contract for anything as simple as a bet, but as complex as investing into decentralized yield farms, and everything in between. While this helps the individual be assured their contracts will always payout the agreed upon amount, how do smart contracts benefit traditional finance? In trading and settlement of syndicated loans, corporate clients could benefit from shorter settlement cycles. Rather than the current 20 days or more, smart contracts could bring this down to less than a few days or even a few hours. This could lead to an additional 7% to 9% growth in demand in the future, leading to additional income of between US $3 billion and $9 billion annually. Investment banks in the US and Europe would also see lower operational costs. Smart contracts also cannot be modified once users agree to a specific set of terms, which prevents another issue traditional finance methods have and that is contract tampering and forgery. Mortgage lending, trade finance, loans and crowdfunding, insurance payouts, Initial Public Offerings, all can be handled using trusted, audited, tamperproof smart contracts. These smart contracts can also be programmed to fit different rules and regulations across the globe. Regulation leads to adoption in the long run. One issue however, is how can a bank or lender verify the identity of the person on the other side of the computer.

Alliance Block uses Ocean Protocol as a way for users to upload their data and information and have full control over who they share that information with. Banks and lenders will never lend someone capital if they have no way of verifying that person's identity. By using Ocean, users can KYC and verify who they are to potential lenders to ensure trust and safety between users and lenders alike. As well as verify their location to adhere to lending rules and guidelines for each user. This can give traditional finance a much larger reach to users around the globe rather than in one specific country or region. This also gives users complete control over their investments, rather than a third party. This will allow users to experience the variety of options available that an online free market can offer without the dangers of using the dark web, or anonymity. 

Alliance Block is a layer 2 protocol.  A layer 2 protocol is built on top of existing layers, which are crucial to a network's scalability, because it adds important security features, as well as important speed and accuracy features. The internet was built using this methodology and decentralized finance will be built the same way. Cyber attacks are only getting stronger, and traditional methods of cyber security are becoming obsolete. On June 27th, 2020 Chase Bank users accounts were put on hold and some users had over $1,000 removed from their accounts. “Rent is due in 3 days and now people are missing money from their Chase bank accounts #ChaseBank" another user tweeted, “I don’t wanna hear no ‘sorry for the inconvenience’ in the morning. Y’all are real quiet rn. I want my money back plus extra for breach, this InCoNvEniEnce #ChaseBank @Chase." Here was Chase Bank’s official response: 1b90111de0a6d45847240cbe21216dce856bf06f6b04e5119bc2c4919cff020f.png

The US recently at the time of writing (12/19/20)  experienced Cyber attack, which has caused many US Officials to admit  current infrastructure is flawed. Senator Mitt Romney said this. e66d14616cac9a52c61afff6791f197150d8738ddfa505034a53efea4b39dbe1.png
If the US government is not secure, how can a traditional finance system be safer? News flash, it isn’t. Layer building isn’t a new idea either, The OSI Seven Layer Building model goes back to 1947. Open Systems Interconnection, or OSI, is used to define modes of interconnection between different components in a networking system. This means that the physical method of transport can be designed independently of the protocols and applications running over it. For example, TCP/IP can be run over both Ethernet and FDDI networks, and Novell’s IPX and Apple’s AppleTalk protocols can both be run over Token Ring networks. These are examples of having independence between the physical network type and the upper layer protocols running across them. Consider also, two TCP/IP-enabled end systems communicating across a multitude of different network types, such as Ethernet, Frame Relay, and ATM. The OSI Seven Layer Model. When we talk about Layer 2 and Layer 3 networking, it is these layers that we’re referring to, and logically the further up the OSI model we move, the greater intelligence we can use in networking decisions. Each layer plays its part in moving data from one device to another across a network infrastructure by providing a standard interface to the surrounding layers. Continuing to update outdated infrastructures, with the constantly evolving decentralized finance tools, it is only a matter of time before existing infrastructures are replaced entirely. Albert Einstein once said,  “The measure of intelligence is the ability to change.” The Fourth Industrial Revolution is the ultimate intelligence check. 

Who is Alliance Block


Alliance Block was founded by Ceo Rachid Ajaj, I.N.A Ghaddar, PhD, and CTO Matthijs de Vries. Rachid Ajaj was the Quantitative Analyst Commodities - Assistant Vice President for the Barclays Investment Bank, during that time Rachid was able to; design and implement new models to estimate default probability for low default portfolios, handled S&P CapIQ data, and rated and unrated private and public companies for the large corporate default probability model, and constructed signals from kdevs indicator and words using text mining and Natural Language Processing for binary classification, including default/no default that enhanced the overall performance of the model.

I.N.A Ghaddar PhD. worked  for J.P Morgan Chase & CO. for 6 years with a number of various roles. She was a Cross Asset Derivatives Solutions, Macro Systematic Trading Strategies, and Fixed Income Trader Expert. Before that she was a Thematic Investment Researcher for Goldman Sachs.

Matthijs de Vries was a manager for PostNL Billing & Document Solutions in the field of document management related software development, customer implementations and product development for over 9 years. He was responsible for the  departments for 3 offices in Bleiswijk, Heerlen and Utrecht. 

Here are their Official Partners: a69c65b5fd097217a9ee460de0d32e7d5d542cc7d824604ce4bfbc46ad5d4196.png

All of these projects are notable in their own way, however NatWest should be highlighted here specifically. Sir Howie Davies the Chairman of the NatWest Group is also a professor who works with the World Economic Forum.  (WEF)
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Here is a list of other project advisors: 

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NASDAQ



Alliance block has teamed up with some of the best names in traditional and decentralized finance. The partnerships and advisor list continues to grow forming the ultimate Alliance blockchain.

LINKS: 
Twitter: https://twitter.com/allianceblock 
Website: https://allianceblock.io/ 
Dextools: https://www.dextools.io/app/uniswap/pair-explorer/0xe5c5227d8105d8d5f26ff3634eb52e2d7cc15b50 





*This is not financial advice, I am not an investment advisor*
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Jack, MN
Jack, MN

I like sports and crypto.


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