Arc Block is a progressive block chain appliance based company looking to open block chain use to the public. Their goal is to make block chain application to business processes a much simpler endeavor, while at the same time developing and advancing new ventures to advance block chain development. Arc Block looks to fix the problems within the newly developed block chain technology that make it hard for companies and businesses to implement the use of decentralized block chain applications into their systems.
The Arc Block platform was brought to life by a former Microsoft employee, Robert Mao, and Flavein Charlon who is part of the Colored Coins, Open Assets Protocol, and Openchain. The platform’s main goal is to bring together and make many different systems and services and block chain networks more accessible to the mainstream business world. Their platform will be one of the first and only block chain platforms fully specializing in enhancing and deploying decentralized block chain applications.
With its innovative and comprehensive platform design, Arc Block strives to improve on the issues within the newly established block chain technology. Most block chain technology used in current platforms face the challenge of having to deal with millions of applications, due to poor performance levels they can’t even handle up to seven applications at a time. Arc Block is working on making platforms more open to concurrent users with a great mass of transactions being able to be handled in a timely manner.
Today’s block chain platforms are not usually very user-friendly. They are geared towards people who are experienced in the technological side of things, not the general public, however. Most block chain applications require users to install and understand programs mainstream consumers would have no knowledge about. The complicated technological side of block chain is one of the reasons it has not been easily adopted by mainstream businesses. To simplify future use and to make decentralized block chain applications more pertinent to mainstream use, the team at Arc Block is working to make block chain use as simple and as transparent as everyday web and apps.
A free block chain platform, open to all applicants, is another future goal of Arc Block. Currently, a great number of block chain platforms require users to pay for any services. Block chain technology costs users a great amount to use, which is turn is stunting the mainstream growth of block chain applications. To make block chain technology able to support free applications, similar to the Internet, would be able to greatly benefit any block chain platform as well as businesses or developers looking to build new services they can profit off of.
Overall, Arc Block’s future is very bright. With two genius innovators and experts leading the program, it is guaranteed to be a successful platform. Their goals of improving block chain technology and applications is a necessity if block chain based platforms want to branch out into more mainstream ventures. The Arc Block platform is an incentive-driven marketplace successfully leading a block chain technology revolution.
Website:https://www.arcblock.io/
Whitepaper:https://www.arcblock.io/file/whitepaper/WhitePaperEnV2_en-US.pdf
ANN Thread:https://bitcointalk.org/index.php?topic=2699379
==================== Summary of ArcBlock ICO ====================
● Token sale will run from 3 Feb — 11 Feb 2018.
● Token: ABT — all of them pre-minted; no mining.
● Type: ERC20
● Accepts: ETH, CMT
● Token price: 1 ABT equals 0.71 USD or 0.00053 ETH
● Total tokens: 186,000,000
● Maximum tokens available for sale: 45%
● Soft cap: 12000 ETH
● Hard cap: 37500 ETH + 6M CMT (Cybermiles)
● Early bird bonus: 8%
● For private sale (pre-ICO), hard cap: 25000 ETH — 1 ETH = 2052 ABT, and starts on 12th Jan 2018. KYC will be mandatory.
● For the ICO, hard cap: 12500 ETH + 6M CMT — 1 ETH = 1900 ABT (minimum 0.1 ETH, 50 ETH)
ArcBlock’s Partners:
LINUX FOUNDATION
HYPERLEDGER
W3C blockchain CG
IEEE Blockchain
Guojin Angel
Roming Capital
Krypital Group
CyberMiles
ArcBlock’s Media :
TechCrunch, Inc
The Merkle
Bitcoin Magazine
Coindesk
Business Wire
Golden Finance
Babbit
Sohu
Sina
36 Kr
IFENG
TechNode
Naver
Daum
Also, you can find more information regarding the ArcBlock through the following channels:
Twitter https://twitter.com/ArcBlock_io
Instgram https://www.instagram.com/arcblock/
Facebook https://www.facebook.com/arcblock.io/
Telegram https://t.me/ArcBlock
LinkedIn https://www.linkedin.com/company/18355951/
Reddit https://www.reddit.com/r/arcblock/
Medium https://medium.com/arcblock
Weibo https://weibo.com/p/1005056436049380/home?from=page_100505&mod=TAB
Other languages — ArcBlock through the following channels:
Telegram groups:
Telegram(English): https://t.me/ArcBlock
Telegram(Chinese): https://t.me/ArcblockAsian
Telegram(Vietnam): https://t.me/Arcblockvn
Author:- Cryptopal
https://bitcointalk.org/index.php?action=profile;u=1262075
