Breaking the cycle of poverty and wealth disparity in emerging markets
The International Blockchain Monetary Reserve, IBMR.io, is a "zero to one" blockchain company with a focus on the economic development of the urban working poor in emerging markets.
The Asia Reserve Currency Coin, ARCC, is a "crypto-reserve currency" issued by the International Blockchain Monetary Reserve, IBMR.io. ARCC is positioned solely as a “store of value” that is structured as a micro asset.
IBMR.io’s understanding of financial inclusion is against the idea of taking the unbanked and making them "banked" into a system which was not designed for the struggle they exist in.
Rather, the focus is in creating a ‘micro asset’ which can be saved, freely earned, and that can increase in value regardless of the amount held without fees.
Download ARCC White Paper Abstract
Bitcoin is the technological proof of concept of the decentralization of peer-to-peer trustless electronic cash, which then lead to the economic achievement of the issuance of a new global non-fiat currency. While ‘token sales’ through Ethereum have created hundreds of new ‘cryptocurrencies’, few progress past the standard that Bitcoin has achieved.