• Sat, 21 Sep 2019, 11:42 AM
  • All times are UTC
  • Edition:
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) $10,050.80 (-1.32%)
  • Ethereum (ETH) $215.41 (-1.00%)
  • XRP (XRP) $0.290100 (-1.05%)
  • Bitcoin Cash (BCH) $311.36 (-2.17%)
  • Litecoin (LTC) $73.62 (-2.53%)
  • Bitcoin (BTC) $10,050.80 (-1.32%)
Sep 20, 2019 (Friday)
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Crypto Technicals: LTC/USD Technical Analysis Summary
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Azerbaijan's State Customs Committee seeks to exchange information with global counterparts via blockchain
Coinbase considers listing 17 new digital assets including Kadena and Telegram
Crypto Technicals: ETH/USD consolidates previous session's gains, bias bullish above 200-DMA
US Congress’ upcoming hearing with SEC to focus on cryptocurrencies and Libra
Crypto Technicals: BTC/USD retraces from 3-week lows, resumes range trade, bias neutral
Square Crypto taps former Google, Facebook and Lightning Labs execs for inaugural developer team
Crypto Technicals: XTZ/USD struggles at 200-DMA resistance (1.1209), break above to see further gains
Bank of America joins blockchain-based trade finance network Marco Polo
Patrick Byrne sells off his $100M Overstock stake to buy cryptocurrencies, blames 'deep state' and SEC
Early ethereum supporter Steven Nerayoff faces $12M cryptocurrency extortion charges
Crypto trader Genesis acquires Qu Capital to bolster trading technology
Crypto Technicals: IOT/USD Technical Analysis Summary
Pakistan's Faysal Bank becomes the country's first bank to adopt Ripple's xCurrent technology
All 7-Eleven stores in the Philippines now sell bitcoin, thanks to the new partnership of Abra, ECPay
Arab Bank Switzerland partners with Taurus to offer cryptocurrency services to its wealthy clients
IBM, Citibank, Ubisoft signed up as corporate partners of Singapore's blockchain accelerator Tribe
Sep 19, 2019 (Thursday)
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.