Bucharest, Romania, (August 23, 2023) – Global multi-asset trading Digital Financial Exchange (DIFX), has officially listed the AUC token to their asset inventory on 23rd August 2023 at 12:30 PM UTC. The listing serves as an excellent collaboration between Advanced Project and DIFX, to further their cause to bring financial independence to the unbanked in Africa and Southeast Asia.
The AUC token is an astounding addition to the catalog of assets that DIFX already has. The token is the result of an idea which wishes to empower citizens with freedom to use their hard-earned money the way they want, to do it economically and be rewarded while using the token.
Advanced Project desires to ‘reshape the future of finance’ and make it accessible to everyone, no matter who they are or what their financial condition is. Making financial processes simple, safe, and extremely efficient is a goal that Advanced Project is working on. Along with that, they want to make sure that the users can make payments easily, send remittances and do all of that at a low transaction fee.
Another objective includes, making all cash digital and making ATM’s deposit only. This reduces the risk of theft, losing money and misplacing money during transit.
AUC also wants to introduce the idea of ‘Digital Identities’, this will allow users to know if they are interacting with other humans or bots on the internet. It will give the users the privilege to operate globally without any border or jurisdiction restrictions. Moreover, when users interact with another user with a digital identity, they will be trusted as a ‘real person’ as their identities have already been verified successfully.
Regarding the listing, Ashiek Anandhaw, the CEO of Advanced Project stated,
“While Africa’s FinTech scene has its early roots in mobile money, the market is now rapidly expanding to include a range of digital financial services using blockchain. Advanced project is expected to serve as an important bridge to build an inclusive digital economy by providing fintech solutions that combine blockchain, big data, and AI technology to the Unbanked in Africa and Southeast Asia.”
Additionally AUC brings forth a host of benefits that include the integration of ‘Big Data’ which is used to collect and retrieve information about users and merchants. The token also supports startups in a sustainable way in Africa and Southeast Asia to drive the cause of financial inclusion. It also gives users the ability to send funds in online and offline payment systems.
Furthermore, AUC currently has two mobile applications called the ‘Tier User App’ and ‘Tier Merchant App’, which are based on community reward structure. Tier has a few different ways to reward the user for interacting with the app, for example getting points for walking and staying fit, points for taking a picture of your healthy meal and uploading it on the application, engaging with ads on the ‘Tier’ app etc.
The Advanced Project has also recently focused on AI technology and plans to apply a facial recognition AI payment system to the TIER app, a cross-border payment and remittance service, to identify customers’ financial patterns and preferences to provide more efficient and convenient services. TIER’s facial recognition AI payment system will be launched in Q4 2023 and commercialized in Q2 2024.
The advantages don’t end here, for more in depth information, visit the official AUC website.
View the whitepaper for AUC here.
Link to Twitter
Link to Telegram
The AUC Token
This token runs on the ERC20 standard with a total supply of 6 billion AUC tokens of which token allocation is delegated to market liquidity, community rewards, operations and more. Additional utilities of the AUC token include staking the token itself, Digital Identifier authentication, paying for various fees, remittance, and many other use cases.
You can exclusively start trading the AUC token within the DIFX platform itself today: https://difx.com/en/trade/AUC_USDT
Sign up for an account here and get access to the Advanced Project token today!
About Digital Financial Exchange
Digital Financial Exchange (DIFX) is a leading centralized multi-asset trading platform launched in 2021 with a mission to bridge traditional and digital markets. It allows users to trade between multiple asset classes that include Indices, Forex, Crypto, CFDs, Metals, Commodities, and more. Along with multiple asset classes to invest in, DIFX comes with a secure crypto wallet because of its partnership with Fireblocks, one of the leading crypto custodians in the world.
To begin a journey with endless possibilities, download the app now from the iOS or Google Play Store, or visit the Company at https://difx.com/en