Alibabacoin Foundation has recently announced that its Alibabacoin (aka ABBC) can now be utilized in large internet shopping malls all over the planet. The users can now use it for making the payments in 30 most different internet shopping malls obviously including eBay and Amazon. This is what is revealed by the group CEO, Jason Daniel Paul Philip while announcing the next major goals related to ABBC.
When the cryptocurrency market started dwindling, the group immediately altered its strategy to offer maximum benefits to their coin holders in the market. It is said that any digital currency inserted in ABBC multi-crypto wallet will be available in all online shopping malls that have the access to accept ABBC. On the other hand, the users will soon get to see the launch of its own online shopping mall in the United States by the completion of 2018.
Alibabacoin Foundation’s multi-crypto wallet is ensured to provide high-security features to the users. It comprises of latest technology like facial recognition, which will certainly be more secure and convenient way for the consumers while shopping using ABBC. The company believes that the new innovation in the cryptocurrency market will attract more attention in the second half of the ongoing year, as reported by Fintech Singapore.
The expansion plan of this Duba-located group does not stop here. The recently funded ICO company is listing their coin in multiple cryptocurrency exchange platforms such as Coinbene, IDAX, OOOBTC, BitForex, DragonEx, Coinsuper, TopBTC, Sistemkoin, and RightBTC. This will give an immense opportunity for those who have a plan to trade in the cryptocurrency field especially with Alibabacoin, KryptoMoney noted.
Readers must note that the newly launched token is no way linked with Alibaba.com, the multi-billion dollar brand. During the start of 2018, Alibaba.com tried to sue Alibabacoin Foundation on the ground of similar name that would create confusion among the customers and hamper their brand. But the new group has somehow defended citing “Alibaba” is a magical reference, hence no one can have a monopoly on this word.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]