Copy link
Increase text size
Decrease text size
Link copied

Asia Pacific Conservative Union launches new project to combine blockchain with national politics

Mon, 04 Mar 2019, 05:30 am UTC

The Asia Pacific Conservative Union (APCU), a Taiwan-based organization that aims to protect the “Peace and Prosperity” of Asia, has launched a blockchain-based network with the objective of fighting authoritarianism, CoinTelegraph reported.

Two APCU executives, Chairman Jikido "Jay" Aeba, and CEO and co-founder Yasu Kikuta, have launched ‘Liberty Ecosystem,’ which APCU describes as a “decentralized federation of local advocacy and economic development organizations seeking to combat the rise of authoritarianism in the Asia-Pacific region and around the world.”

Authoritarian regimes such as China are using investment in critical infrastructure to assert control over the political sovereignty of other countries. Put simply, they are using their economic might to influence other countries’ key political, social and economic institutions and thereby expanding their authoritarian models to countries such as Sri Lanka, Indonesia and Japan.

According to CryptoNinjas, Liberty Ecosytem will leverage blockchain technology and launch the “Liberty Token,” in order to empower local organizations to fight against authoritarianism by building a shared community and financial infrastructure. For this purpose, Liberty is collaborating with Wowoo and is listed on the Cross Exchange.

“The cryptocurrency will allow members and local organizations to obtain tokens for referring other local organizations to the ecosystem. Tokens will ultimately by distributed by community managers to their members to reward and incent behavior – such as creating content or advocating for issues. Tokens can also be staked for voting or can be used to buy or sell services – such as transaction or mining fees,” CryptoNinjas explained.

In addition to the Liberty Token, Liberty Ecosystem also plans to create an “LRC” token creation platform which will enable potential funders of infrastructure projects to market investment for their projects to a broader base of individuals.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $8,731.91 (-0.59%)
  • Ethereum (ETH) $228.77 (+0.97%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $316.85 (-0.60%)
  • Bitcoin SV (BSV) $217.90 (-2.47%)
  • Bitcoin (BTC) $8,731.91 (-0.59%)
Feb 21, 2020 (Friday)
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
Brazil to launch new payment system in response to cryptocurrencies
Digital currency exchange Coinbase Pro lists Kyber Network token
Norwegian Air to soon start accepting crypto payments
Swedish central bank begins CBDC pilot with Accenture
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
Telecom companies complete cross-carrier mobile payments using blockchain
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
South Korean ICO project discontinued, to return $7.5M to token holders
Samsung maintains crypto support in soon-to-launch Galaxy S20
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
Coinbase becomes first crypto company to receive Visa principal membership
Dubai Economy and six banks launch KYC Blockchain Consortium
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.