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Cryptocurrency

Subsidiary Of Japanese ANA Airline Group Launched Its Native Token, On Bitcoin Cash Network

Japan is known to be the land of innovation, and hence, a safe breeding ground for crypto projects. Joining the long list, Alliance Cargo Direct, a company engaged in airline cargo services, launched its native crypto token ACD, based on the Bitcoin Cash network.

The announcement was made by Roger Ver, the famous crypto investor, who also happens to be a significant holder of both, ACD and BCH. Ver stated that he would be working directly with the company to promote the adoption of ACD and BCH.

Ver is one of the biggest and the earliest investors in crypto start-ups and holds shares in successful crypto platforms like Bitcoin.com, Blockchain.com, BitPay, Kraken, etc. His new foray into ACD gives the newly launched token an edge due to Ver’s sheer influence in the crypto space. Also, the model of ACD coin is very well laid out and focuses on mass adoption.

Alliance Cargo Direct will utilize the ACD token to enable users to make crypto payments at various retail stores, and for its services across the globe. This is seen as an attempt for the Japanese conglomerate to explore the crypto realm touted to be the future of monetary systems.

Cryptocurrencies have penetrated various industries, especially in the last few years. In the aftermath of the global economic crisis of 2008, the world began the search for a potent alternative to the prevailing economic systems controlled by a few giant financial institutions. Bitcoin and other altcoins have proved their mettle under critical conditions, providing the global economy what it wished for.

Therefore, it is only expected that industry leaders like ANA place their bids on crypto, as everyone wants to be well equipped for what the future throws at them.

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Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.
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