AllianceBlock (ALBT) is a decentralised protocol aimed at bridging the gap between traditional finance (TradFi) and decentralised finance (DeFi). It seeks to establish a globally compliant, decentralised capital market, enabling regulated financial institutions to interact with DeFi ecosystems. The ALBT token serves as a utility token within this ecosystem, supporting transactions, governance, and protocol security through staking.
AllianceBlock operates on a three-layered infrastructure:
The platform is blockchain-agnostic, primarily utilising the Ethereum network while leveraging the Hedera Consensus Service for transaction verification. It employs a hybrid consensus mechanism that combines Proof of Authority (PoA) and Delegated Proof of Stake (DPoS), supported by oracles as PoA nodes. Smart contracts audited by CertiK manage transactions and governance processes.
AllianceBlock has diverse applications across multiple industries, including:
Its ecosystem supports key sectors like traditional finance, DeFi, regulatory technology (RegTech), cross-border finance, and asset tokenisation.
AllianceBlock was founded in 2018 in the Netherlands by Rachid Ajaja, Matthijs de Vries, and Amber Ghaddar, all of whom bring extensive experience in traditional finance from institutions such as JP Morgan and Goldman Sachs.
Significant milestones include:
AllianceBlock continues to evolve, addressing challenges in market integration and regulation while expanding its partnerships and technological offerings.