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As we know that corruption is the main problem of the government. If a corruption case is successfully deleted, another case still occurs or a new case arises. This condition is a disadvantage for cities in many parts such as they cannot get good infrastructure, financial difficulties, inflation of state assets, and much more. In exposing corruption, the government will now have TRIBUTION,
DELEGATION AND MANDATE
what is clear is that the urban poor are decentralized but united, and not only rely on the economic pressure of corrupt economic elites for political capital.
As a socioeconomic class in emerging markets, poor workers represent 30% -50% of the metropolitan population. In the case of the metropolitan class, any modifications to their socio-economic status will have a significant effect on general development (because the construction of urban finance is usually a significant driver of development in the market that appears in general). For example, the top ten cities in Southeast Asia have a population of more than 80 million and 30% would represent participation in 24 million poor workers in the city.
As an ARCC, because of cryptocurrency, distributed digital distribution can be done at viral speed, poor people working in urban areas have internet and Wi-Fi aside from cheap smartphones ~ $ 100. To put this in context,
smartphones remain the same in socio-economic status into middle-class household cars.
The ARCC (Asia Reserve Currency Coin) has a function to reduce corruption cases. Solutions for corruption have a goal of critical conditions for progress that are far smaller than negative countries to neutral countries. Positive feedback is not based on an active position for its purpose. Need to remove obstacles. ARCC for a better economic system to improve the quality of life of urban poor workers. It can create environmental stability.
ARCC will directly fund with tokens and flow of funds to invest in industrial projects and regional infrastructure. Ninety percent of tokens will be seeded. Fifty percent for investment and fifty percent for reserves. There is an eighty percent advantage of industrial projects and regional infrastructure funding for reserves. ARCC currency reserves have three structural components:
1. the underlying regional investment
2. currency reserves
3. currency reserve mechanism
ARCC currency reserves will be managed by professional asset managers to develop funds. The flow of funds occurs by profit of forty percent of other income, seeding of ARCC reserves, forty percent of regional investment and the last is professional asset management for excess liquidity with one hundred percent of the return flow of net income.
Users cannot get profit outflows from ARCC currency reserves. Its function is to continue to grow crypto holding and fiat. The ARCC investment will be deposited as an asset and create a flow of funds for ARCC currency reserves. 40% of profit from investment is allocated to contribute ARCC currency reserves.
The main aim of the ARCC is to create a regional crypto reserve currency in Southeast Asia. So that the economic conditions in Southeast Asia can be the same as Europa. The cryptocurrency innovation in 2018 and the use of blockchain technology have centered around crypto trading. That can reduce the layer in financial transactions. All that only makes the currency complete when the user manages crypto exchanges.
ARCC is a micro asset. This means that the ARCC is a clear departure for microfinance. The way to deflect unbanking for the current system is to expand the influence of debt. Companies and businesses that can be scaled are one of the business models in the scope of achieving income to get out of socio-economic class. The poor who work in urban areas can see taking the risk of entrepreneurs to grow businesses without interest and payment. there is information about the inflow funding mechanism with:
A. 100% profit or management of ARCC reserve assets
b. 45% increase in tokens as initial seed
c. 40% of profit from other income. 40% of profit from basic assets
The use of ARCC for better solutions to economic problems is recommended for countries that want to be fair to all types of cities. In this position, ARCC is useful for all economic classes
Conclusion
Systemic corruption and exploitation is normally identified as a political issue. NGOs and other foreign government-based agencies are restricted from dealing with another country’s corruption as a primary objective due to the political costs and potential to be restricted or even rejected from a host nation. So with ARCC use Blockchain Technology i think they can make create competing counter systems to existing corrupt centralized systems. For more information lease click link below
For more information lease click link below
Website : https://ibmr.io/
Bitcointalk Thread : https://bitcointalk.org/index.php?topic=5104576.0
Whitepaper : https://ibmr.io/whitepaper/
Twitter : https://twitter.com/ARCC_IBMR
By Gocing84
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2215462
ETH : 0x54D38d470c2a5Dc0b0529bf8802a3F703ba68640
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