Buy AllianceBlock Token (ALBT)

What is AllianceBlock (ALBT)?

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.

How does AllianceBlock (ALBT) work?

AllianceBlock operates on a three-layered infrastructure:

1. DeFi Solutions Layer: Offers financial products and services to integrate TradFi and DeFi.
2. Data Layer: Facilitates data monetisation and sharing through solutions like Data Quasar and Data Tunnel.
3. Regulatory and Compliance Layer: Ensures adherence to multi-jurisdictional regulations.

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.

What are the potential use cases for AllianceBlock (ALBT)?

AllianceBlock has diverse applications across multiple industries, including:

• Facilitating cross-border financial activities with enhanced liquidity and efficiency.
• Providing regulated digital asset solutions for institutional investors.
• Offering compliant peer-to-peer lending to bridge financing gaps.
• Enabling fund distribution in a regulated environment.
• Creating regulated digitised derivatives for global markets.

Its ecosystem supports key sectors like traditional finance, DeFi, regulatory technology (RegTech), cross-border finance, and asset tokenisation.

What is the history of AllianceBlock (ALBT)?

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:

• 2018: Foundation of AllianceBlock.
• 2020: Certification by CertiK for blockchain security.
• 2021: Platform launch on February 2nd; achieved an all-time high price of $1.36 on September 6th.
• 2022: Introduction of tools like the AllianceBlock Bridge for cross-chain interoperability and Data Quasar for data monetisation.

AllianceBlock continues to evolve, addressing challenges in market integration and regulation while expanding its partnerships and technological offerings.