<p>AllianceBlock is a decentralized protocol that aims to act as a bridge between traditional (TradFi) and decentralized finances (DeFi). According to the company, the protocol “automates the process of turning any digital asset, or crypto product, into bankable security with an internationally recognized Individual Securities Identification Number (ISIN)”. By design, the platform is a blockchain-agnostic layer 2 solution, using the Ethereum blockchain as a mainnet. The ALBT token is used as a primary medium of exchange This multi-purpose token can also be used for the ecosystem reserve pool and for governance purposes within the ecosystem.&nbsp;</p><p>The Netherlands-based project was founded in 2018 by Rachid Ajaja (CEO), Matthijs de Vries (currently acting as CTO) and Amber Ghaddar. Large European startup incubators, Level39 (L39) and Station F, as well as Zurich Kickstart Innovation Program, accelerated the growth of the project. By the end of 2020, the project was certified by CertiK, a blockchain security system that reviewed the protocol. Currently, there are more than 30 developers from all around the world working on a project. It is led by people with significant financial and product development expertise, including former Barclays, Goldman Sachs and JP Morgan bankers.&nbsp;</p><p>The company has partnered with Orion Protocol since both of them aim to bridge gaps between the worlds of DeFi and TradFi and make cryptocurrencies accessible to general audiences. It’s not the only collaboration the company has made throughout its history: other important market players that AllianceBlock has worked with include DAO Maker, Polygon and Energy Web.</p><p>The project aims to make the first globally compliant decentralized capital market. This will connect the worlds of decentralized and traditional finances, as well as automate or simplify converting any digital or crypto asset into a product recognized by traditional banking. The plan includes solving some issues in both spaces and making it easier for them to cooperate.&nbsp;</p><p>According to the project, the technology use cases include: simplifying cross-border activity, offering a regulated digital asset and a compliant open financial solution. It also provides fund distribution, regulated digitized derivatives and a compliant P2P lending solution.</p><h3><strong>What are ALBT’s key features and how does it work?</strong></h3><p>The ALBT token acts as a multi-purpose solution and the backbone of the ecosystem. It was used in the system from the start, and the project’s entire vision included this token for various purposes. ALBT plays a role in exchanging, rewards, staking and governance.&nbsp;</p><p>The governance of the ecosystem uses the Prometheus protocol architecture. The decision-making rights are only provided to Institutional Nodes that form the so-called Decision Making Board. Voting rights can also be executed by Service Nodes Owners and Data Nodes Owners using the ALBT tokens they stake. Owners of any type of Nodes can submit a proposal, using a small deposit of tokens. It will be then vetted by other network participants and sent higher in the governance structures if vetted successfully.&nbsp;</p><p>The network uses a hybrid consensus mechanism that includes the elements of both Proof of Authority (PoA) and Delegated Proof of Stake (DPoS)protocols. The Oracles will act as Proof-of-Authority nodes.&nbsp;</p><h3><strong>Where can you buy ALBT?</strong></h3><p>AllianceBlock tokens (ALBT) are available to buy on several platforms, including KuCoin, Bitfinex, Uniswap. They can be traded against stablecoins (USDT, UST), cryptocurrencies like ETH and sometimes against FIAT.</p><h3><strong>How can you store ALBT?</strong></h3><p>ALBT is an ERC-20 token, so any wallet compatible with the standard can be used to store the coins. MetaMask or Trust Wallet are common examples.&nbsp;</p><h3><strong>Mining</strong></h3><p>ALBT coins are not minable, but there are liquidity mining and staking programs available.&nbsp;</p>

AllianceBlock

The AllianceBlock Protocol is a decentralized, blockchain-agnostic layer 2 that bridges traditional and decentralized finance.

CryptoRank Premium

Add New {name} Alert

Moves above

Moves below

Coin tracking

ATH Reached

change abs

change %

Price Range

Unusual volume

Please connect your account to our Telegram bot to receive notifications

New price alert added

Check your email

We've sent you an email with confirmation link. If you don't have it in your inbox - check your spam box.

CryptoRank App

See CryptoRank with...

You need to click on the button below and start the opened bot

Choose a convenient way to connect your EVM wallet.

Privacy & Terms Agreement

Market Data API

Track your wallet balances, view asset allocations, get real-time price data, and more

Easily manage your assets with our Mobile App

Join and earn by referring new subscribers!

Explore blockchain platforms: ecosystem projects, TVL, and other key metrics

Name

Complete tasks and earn rewards

CryptoRank Spaceships

Please enter your valid email address to proceed with registration.

Sorry, but your {social} account doesn't have an email address.

IDO/ICO analytics: post-listing ROI and launchpad comparisons.

Track project announcements and campaigns. Spot early opportunities so you don’t miss airdrops and rewards.

Exchanges overview: volumes, listings, market share.

Track rounds, stages, and amounts. See investors and fund portfolios.

Monitor DeFi & NFT, positions and P&L. Popular chains and a mobile app supported.

Lite gives core tools ad-free. Premium adds advanced analytics, full tables, and exclusives.

TGE calendar and vesting flow. Analyze unlock volumes and percentages to gauge supply pressure and plan your moves.

Get in touch with us for info about listings, tokens, exchanges, IDOs, or any other promotional inquires

Interested in a partnership?

Payments are processed by Heleket. Use only the supported chains/tokens. CryptoRank cannot compensate for failed transactions made on an unsupported blockchain.

Advanced Tools and Ad-Free Experience for In-Depth Analysis

Payments are processed by Paddle. Use only the supported payment methods. CryptoRank cannot compensate for failed or incomplete transactions made outside of supported options.

Receive Comprehensive Analytics, Exclusive Research, and Guides

Payment confirmed

Add promocode

Total Due:

Improves token ranking and increases exposure.

Visibility Boost

Accelerates momentum and helps stay in trending.

Trending Score Growth

Boost Benefits

Boost visibility, raise the Trending Score, and unlock the Premium Ticker for {symbol}!

Purchasing a Boost does not guarantee a specific ranking or position. CryptoRank makes no representations or guarantees regarding the impact of Boost on asset visibility. All purchases are final and non-refundable.

Want to learn more about Boost? <link>Check out the guide!</link>

Give {name} a {boost}

Subject

The account is suspected of violating CryptoRank.io terms of use. You may continue to use the website except for personal features.

Your account has been suspended

By accessing and using our Site, you confirm that you are at least 18 years old or the legal age of majority in your jurisdiction. Please also ensure you have read and agree to our Terms of Use and Privacy Policy & Cookies Statement

Historical data tab for %name% in USD for download and research

AllianceBlockALBT

Historical Data for AllianceBlock