The Accord Cryptocurrency
Purpose and characterization
Accord Organization is introducing an open source crypto token, named Accord, which is
envisioned for use in Accord Hedging Platform (AHP). Accord will be the unit of account for all
economic transactions within the AHP. In character, Accord is a pure cryptocurrency of fixed
supply. However, as described below, only a portion of the Accord (ARD) supply will become
liquid in the crowd sale, as rest of the ARD supply is reserved for the Accord organization and
incentive distribution. Like other cryptocurrencies, units of ARD are fungible and transferable,
and they will be expected to trade on well reputed cryptocurrency exchanges.
Implementation: Ethereum and ERC20
Accord will be implemented on the public Ethereum blockchain as an ERC20 token. The
Ethereum blockchain is currently the industry standard for issuing custom digital assets and
smart contracts. The ERC20 token interface allows for the deployment of a standard token that is
compatible with the existing infrastructure of the Ethereum ecosystem, such as development
tools, wallets, and exchanges. Ethereum’s ability to deploy Turing-complete trustless smart
contracts enables complex issuance rules for cryptocurrencies, digital financial contracts, and
automated incentive structures. These advanced features and active ecosystem make Ethereum a
natural fit for Accord.
Accord’s Vision
The first step is to create a new cryptocurrency: Accord (ARD) a primary currency for Accord
Hedging Platform (AHP). The word “Accord” is conveying a meaning “To grant someone a
power”. For a cryptocurrency to be viable it must also be useful and valuable, to fulfill that
purpose initially we have announced an innovative platform for crypto currency day trading.
AHP is giving cryptocurrency traders a power to minimize trade risk in long term and short-term
trades.
“Creation of a flexible token, to stabilize the crypto trading"
Poll
