Recently received funding during the ICO cryptoprocta Alibabacoin (ABBC), will be presented this week at 9 different cryptomeria, according to his representatives.
The controversial project, who took the name of one of the largest websites in the world, and not having any relation to it, and successfully withstood a number of legal battles for the right to keep the name, offers users a unique platform based on a block network.
The solution is to use the blockchain technology to enable face detection when service in the online shop for payment. The company said that they are the industry’s first project, the tokens which will support as many cryptocurrency exchanges at the same time.
That offers Alibabacoin (ABBC) users?
Jason Daniel Paul Philippe, founder and CEO Alibabacoin Foundation claims that Alibabacoin (ABBC) will become a functioning cryptocurrency, and not just another Aldona that appeared in cryptosphere:
“We strive to make ABBC world’s leading software platform for digital assets. We create a security system storage cryptocredits, which is improved by the use of the latest Blockchain technology using the method of face recognition for the implementation of the algorithm blackney chain in the hashing process. Alibabacoin will serve as a basis for the use of any service on the platform. Now, when it will be included in the list of the ten largest exchanges, everyone can easily buy ABBC to become part of our ever growing community of crypto-enthusiasts”.
While the team did not disclose the exact date when the tokens will be added to the crypto currency exchange, saying only that they will be available simultaneously at: Coinsuper, Bitforex, Coinbene, IDAX, TopBTC, OOOBTC, RightBTC, DragonEX and Sistemkoin.
This week Alibabacoin Foundation announced plans to use their technology in 30 of the most world famous shopping malls, and they also own a shopping center.
A conflict of interest
Once again note that this token is in no way connected with the multibillion-dollar company Alibaba.com.
In fact, the company Alibaba.com even the basement this year in the court representatives Alibabacoin (ABBC) on the grounds that their name may cause confusion among customers and potentially harm the well-known brand, but the attempt was unsuccessful.
Alibabacoin Foundation defended its right to use similar name, noting that “Alibaba” is the name of the world famous fairy-tale hero and it should not be monopolized by one company.
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