Decentralized Digital Fund A-SDR Comes Online to Create Global Currency Basket

The global open community and asset digitizing instrument known as Asset Collection Chain (ACChain) has now launched the A-SDR fund, a new product that aims to be a global digital currency basket.

The A-SDR fund will be anchored to Bitcoin (BTC) Ether (ETH) and ACCoin (ACC), creating a “Digital Gold Reserve” for a remittance and settlement system for global digital assets, governed by a supra-national, decentralized body representing the blockchain community.

Read more: https://coinidol.com/decentralized-digital-fund-a-sdr-comes-online-to-create-global-currency-basket/

The First International Digital Currency Basket: A-SDR Copies IMF Model

Cryptocurrencies are being called the future currency by some people or just an intermediary currency by others within the crypto community itself. There is no consensus right now on what the future role of cryptocurrencies will be in the world, but they are going to be huge, that’s for sure.

Some original proponents of Bitcoin and other cryptocurrencies are of the opinion that the crypto world will open up the world markets and remove unnecessary barriers in trading, commerce and thus change world economics forever. But, the issue remains that the current cryptocurrencies are nowhere near doing that, as they are not universally available and there is no standard of using cryptocurrencies due to sheer volatility, lack of consensus on price and other factors.

Read more: https://coinidol.com/the-first-international-digital-currency-basket-a-sdr-copies-imf-model/