ABBC Coin is a cryptocurrency developed on the ABBC Blockchain platform. The platform aims to promote the spread of cryptocurrencies in retail through secure payment transactions. The focus is on improving the online shopping experience by using digital assets to ensure security and convenience for end consumers.
The ABBC platform offers three main products:
1. Multi-platform wallet supporting Bitcoin (BTC), Ethereum (ETH), and many other native cryptocurrencies and ERC 20 tokens.
2. Online shopping app allowing customers to pay with cryptocurrencies at over 50 online retailers.
3. A crypto exchange that offers secure trading with low transaction fees.
ABBC Coin was created to allow holders to participate in the platform’s development. This is done by delegating voting rights to selected block producers, who can vote on leadership initiatives. In addition, ABBC Coin serves as a reward system for online shoppers and can be staked for regular rewards.
The platform is based on the EOSIO blockchain, which allows ABBC to process up to 5000 transactions per second while remaining environmentally friendly through the energy-efficient Delegated Proof of Stake (DPoS) consensus mechanism.
