Skip to main content

PR: Airline Blockchain Project ALLN Issued US$350 Million

Airline Blockchain Project ALLN

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

The most of current cryptocurrencies remain in the development of new technology or concept as mainstream, products and services still stay in the dream-building idea. Most cryptocurrencies are dejected without subsequent support from the enterprises, causing most of investors disappointed and panic.

The largest aero-ecological blockchain in history is going to unveil on March 28th. The original team, Huafu Enterprise Holdings Limited, recruits the most advanced technology team, focused on building blockchain applications, and announced the world’s first aero-ecological blockchain application. “The project Airline and Life Networking Token (hereinafter referred to as ALLN)” is born.

ALLN builds the decentralized platform of entity expense application, which has completely realized the cryptocurrency in the application and the circulation of entity expense market. The issuer wishes to start from the aviation travel industry and implement the first field of entity application of cryptocurrency on strategically cooperation with the establishment of 60 years of Far Eastern Airlines.

The issuer hopes to support entity consumption ecosystem through the combination of ALLN and large enterprises, expects to lead global blockchain consumption system in the future, creates new channels among the complex services of consumption, smart contracts and asset allocation and trades, and promotes the unlimited possibilities of the blockchain on the application side.

ALLN, a digital token produced by the Ethereum blockchain technology and adopts the standard format of ERC20. All circulations and distribution rules can be searched on the Ethereum chain. The purpose of smart contract mechanism is, when the consumer transferred corresponding Ether to their Ethereum wallet which is supported by the ERC20, the smart contract will detect the transferring Ether, and triggered the smart contract subscription rules. The contract will automatically base on the conversion rate at the time and transfer subscriber’s ALLN to the subscriber’s Ethereum wallet address.

The scale of ALLN issue in this time is spectacular. According to the ALLN development project, the first phase will be operated by the end of March this year.The development team will complete the fundraising plan by the end of April this year.The purpose of follow-on issuance is to continually achieve the goal of the acquisition of new fleets, peripheral assets, and popularity and application of ALLN to promote Far Eastern Airlines’ expansion of routes, upgrade aviation services, and aim to popularize aerospace blockchains in physical consumption.

For more details, please refer to the official website:www.allntoken.io
Telegram: t.me/ALLNtoken/
Facebook: https://ift.tt/2IbzjmC
Twitter: https://twitter.com/ALLNtoken
Wechat: alln_service
E-Mail: service@allntoken.com
Contacts:Kenny Chu/Jolin Tsai

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post PR: Airline Blockchain Project ALLN Issued US$350 Million appeared first on Bitcoin News.



from Bitcoin News https://ift.tt/2E4pLHr

Comments

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli