The DeFi market is still very potential and new if we compare it with the traditional financial market. If a large amount of money is poured into this market, DeFi will grow very strongly, however that is not the case. This is also the problem when encountering many inadequacies. AllianceBlock was born to solve that problem by tokenizing real-world assets, so what is AllianceBlock? Join Weakhand to learn about the AllianceBlock project in this article.
Some other articles with related content that people can also refer to:
- What Are Real World Assets (RWA)? Potential Projects In RWA Array
What is AllianceBlock?
AllianceBlock is a Real World Assets (RWA) DeFi protocol with the vision of connecting the world of traditional finance to the DeFi space. AllianceBlock provides infrastructure and tools for financial institutions, startups, and investors to create and manage innovative financial products.
Businesses can use AllianceBlock to issue, manage, trade and provide liquidity for digital assets as well as tokenized real-world assets.
Before AllianceBlock operates and builds the protocol itself Prometheus Protocol’s token is ALBT, however, after launching the Nexera protocol with many more highlights in December 2022, the project also converted the token to NXRA.
AllianceBlock’s difference
AllianceBlock has differences compared to Real World Assets projects in the DeFi market as follows:
- Connecting the world of traditional finance with DeFi: AllianceBlock focuses on connecting the traditional financial worlds with the decentralized finance space. This allows traditional financial institutions to use blockchain technology and smart contracts to provide advanced financial services and increase transparency and safety.
- Synchronize decisions and comply with regulations: AllianceBlock provides a system that helps businesses comply with financial regulations and manage risk. It helps synchronize decisions and implement compliance processes in financial transactions, reduce risks and improve the reliability of financial activities.
- Tokenization of assets tHot: AllianceBlock enables the tokenization of real assets, such as real estate, stocks, or financial obligations into digital tokens. This creates the potential for traditional asset trading and management on blockchain, opening up new opportunities for investors and businesses.
- Comprehensive infrastructure and solutions: AllianceBlock provides a comprehensive infrastructure and solutions for businesses and financial institutions. This includes providing liquidity, asset management, trading and regulatory compliance in a decentralized environment.
AllianceBlock product suite
AllianceBlock’s product suite includes:
- Liquidity Mining and Staking.
- Fundrs.
- Bridge.
- Data Tunnels.
- Nexera Exchange.
Development Roadmap
AllianceBlock’s Roadmap is divided into three different phases with:
- State 1: Platform development.
- Phase 2: Growth and expansion.
- Stage 3: Become the leading DeFi platform.
State 1
This phase starts in 2021 and lasts until 2023. During this phase, AllianceBlock has developed its platform, including the following main products and services:
- Connecting traditional financial assets to the cryptocurrency market.
- Facilitate the issuance and trading of digital assets.
- Provide liquidity for digital assets.
Phase 2
This phase starts in 2024 and lasts until 2025. During this period, AllianceBlock will focus on growing and expanding its platform. The main goals in this phase include:
- Scale the platform to support more users and assets.
- Integrate with other blockchains and ecosystems.
- Launch new products and services.
Stage 3
This phase begins in 2026 and continues into the future. During this period, AllianceBlock will continue to grow and innovate to become the world’s leading DeFi platform. The main goals in this phase include:
- Create a comprehensive financial market, connecting traditional and digital financial assets.
- Popularize DeFi and help everyone gain access to new financial opportunities.
Core Team
Rachid A
Rachid A is the founder and currently holding the position of CEO of AllianceBlock and graduated with a master’s degree from Paris Cité University. In addition, Rachid A also has quite a history of activities in the past:
- Worked as a commodity quantitative analyst at Barclays investment bank in London from June 2013 to July 2017.
- Was an artificial intelligence research scientist at Vinci from September 2017 to November 2018.
- Strategic advisor and board member of Stiching dua Foundation for over 1 year.
- Founding and operating AllianceBlock from July 2018 to present.
- Founded and operated Nuant from March 2021 to present.
Matthijs de Vries
As co-founder and currently serving as CTO for AllianceBlock, Matthijs de Vries also achieved MCP & MCAD certifications for Web and Windows from Microsoft. Matthijs de Vries’ work history also has some similarities with Rachid A:
- Strategic advisor and board member of Stiching dua Foundation for over 1 year.
- Founding and operating AllianceBlock from July 2018 to present.
- Founded and operated Nuant from March 2021 to present.
IN Amber Ghaddar
IN Amber Ghaddar is also one of the 3 founders of AllianceBLock and is currently the investment director of this project. IN Amber Ghaddar is also one of the people on the list of powerful women in Fintech and Crypto in 2021 and 2022, so she also has a history worth mentioning:
- Research and invest at Goldman Sachs for one year.
- Held high positions at JPMorgan Chase bank in London, UK for 6 years.
- Founder of 200Bn club.
- Founding and developing AllianceBLock from August 2018 to present.
Investor
Update…
Tokenomics
Token information
- Token name: AllianceBLock
- Token ticket: NXRA
- Total supply: 850,000,000
- Token type: ERC-20
- Blockchain: Ethereum
- Token contract: 0x644192291cc835a93d6330b24ea5f5fedd0eef9e
Exchanges
CEX
- Kucoin.
- MEXC
- CoinEx.
- Bitfinex.
- Coinmetro.
- Bitrue.
DEX
- Uniswap
Project Information Channel
- Website: https://allianceblock.io/
- Twitter: https://twitter.com/allianceblock
- Discord:
Summary
Above is detailed information to help people understand what AllianceBlock is from Weakhand. Hopefully, through this article, people will find useful content for the market research process.