Well there’s been a lot of interest and speculation regarding ACChain this week, numerous videos on YOUTUBE and articles on the internet which caught my eye and got me a little curious too so I thought I’d have a quick look into it and share what I found.

The idea of a global digital currency is obviously something that would sit well with a lot of governments as they would have total control over the money supply and everyone that uses it, this would also allow for easier trade between countries and would fit in perfectly with China’s Belt and Road plans (Modern version of the Silk Road).

I’m a big fan of Lynette Yang and her video (here) is where I first heard about ACChain and how it could be linked to the SDR (Special Drawing Rights) to form a global digital currency to rule them all, now I’m not saying that is what it is, I just found it an interesting thought. A couple of days later I saw another video from SGT Report which sparked others in the space to call Lynette out as a bit of a scaremonger and basically dismissed most of what she was saying, even Clif High dismissed her on a later STG Report video As much as I like to hear what Clif has to say, I personally am more inclined to side with Lynette as she does far more actual hands on research and investigates rather than relying on the Bot that Clif developed. Having heard different opinions about this and still being totally open minded as no one actually knows for sure, I fired up Google…

Is ACChain just another Chinese ICO or is there something behind it and has it got tentacles outside of China? Surely it would need to have bases in every country including the UK, as I’m in the UK I had a look into this and found what looked like a newly formed company called ACCHAIN UK LTD with a director named Eric Ephraim VAN DER KLEIJ who has taken up an advisory role for the government’s UK Trade & Investment department in April, advising it on fintech and blockchain technology.

All very interesting and worth keeping an eye on, If nothing else…

If you are interested in in the Asset Collection Coin ACC it trades on the Canadian Exchange, Allcoin and you can register for an ACC wallet on their website.