In a bid to understanding the ongoing difficulties confronting the new country of Ambazonia, A team of experienced experts in blockchain innovation who are additionally concerned technocrats from Ambazonia chose to use on the normal for the blockchain innovation and cryptocurrecny to make Ambacoin connecting the government treasury in this way adequately helping the broke and battered country monetarily.
In any case, the Ambazonians are not the principal country requiring help and backing from different nations, rather, the team has considered the issue that typically goes with such humanitarian administrations which is absence of transparency and trust in the management of assets raised for such circumstances.
No big surprise they have chosen to use a decentralized cryptocurrency backed by the countries treasury so as to guarantee that the assets raised are straightforwardly, successfully and productively oversaw and not stolen by a gathering of individuals.
SOME OUTSTANDING FEATURES AND ADVANTAGES OF AMBACOIN
The creation of Ambacoin isn't simply to help the distressed in the troubled country of Ambazonia, rather, it additionally has a ton of different points of interest which will extraordinarily profit the individuals who wish to put into the creative task. These favorable circumstances and features are:
I. Amba coin is backed by the Ambazonian government: being backed by the government of the country, Ambacoin turns into a lawful cryptocurrency in that country and with this; it is straightforwardly connected to the treasury of the country which will significantly bolster the venture and help it to meet its timetable.
ii. Since it has to do with charitable donation, so a large number of Ambazonian natives living outside the nation will need to purchase the coin as a major aspect of their commitments in helping their nation; this will make the interest of the coin increment, and when there is increment request the estimation of Ambacoin will legitimately increment.
iii. Neighborly regulations will be started: Ambacoin is intended to be utilized a methods for monetary ipayment and this will likewise influence other African nations decidedly as they will profit by the decency that goes with the utilization of cryptocurrencies, all things considered. Hence Amba coin will be the primary African nation to legitimately execute the utilization of crytpocurrency.
iv. Quick speed of exchange: Ambacoin is made so that its speed of exchange is high, this is on the grounds that it is made on the Ethereum blockchain which is commonly known for quick transactions inside seconds.
v. Low expenses of transaction: in carrying out exchange utilizing Amba coin to any piece of the world the exchange charges will be made exceptionally low, this is leverage over the ordinary bank transactions that takes a high expense particularly when sending assets to different nations universally.
vi. Sufficient security: Amba coin has a satisfactory security device keeping the platform from digital hackers.
vii. Profit making: Amba coin group is putting forth the coin with ease to early investors who exploit immense reward and low value, the coin will be recorded on an exchange where these early investors will probably exchange their coins and make more money.
For additional information about AMBACOIN, kindly refer to the links below:
Website: https://www.ambacoin.io
Whitepaper: https://ambacoin.io/whitepaper/
Telegram: https://t.me/ambacoin
Fcebook: https://www.facebook.com/ambacoins/
Twitter: https://twitter.com/coinamba
ICO site: https://transact.ambacoin.io
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