Dubai-based ABBC Foundation intends to create a global online trading platform based on blockchain and cryptocurrencies. The company describes its new technology as optimized for finance, distribution, shopping, and security using blockchain solutions. The project team plans to implement facial recognition technology into the payment system in order to make crypto transactions totally safe, fast, and convenient. They apply an artificial-intelligence technique to make it possible to identify a person most reliably.
ABBC Project is an open platform that works on distributed ledger technology, which makes it open and transparent to all participants. It is designed to develop digital crypto-currency markets and objects for various purposes with their subsequent launch and integration into a unique ecosystem. ABBC Foundation will create an e-commerce platform (online shopping platform) while pro- viding a payment solution for user’s convenience. Basically, it is a platform whereby consumers can pay using ABBC Coins and buy other major online shopping mall products through our online shopping mall. This will allow users to avoid exchange rates or transaction fees which occur when they use credit card or PayPal if consumers are from different countries other than the currency the shopping mall supports. Rather than signing up in different online shopping malls, if you are an ABBC holder, you can simply visit ABBC online shopping mall and buy products through our platform.