ACU white paper officially released, Asian economic integration is just around the corner

On 16 December 2019, the World Digital Currency Forum launched a global launch conference and the ACU white paper launch conference in Hong Kong. The theme of the conference is “subversion, innovation, opportunity, and change”, adhering to the concept of “collision of wisdom, dialogue of the future”, and is committed to promoting exchanges and cooperation between the economies of the world. At the same time, the official release of the ACU White Paper aims to advance the Asian economic integration process and achieve regional circulation of the ACU. The participants of the ACU White Paper conference include more than 300 authoritative participants from more than 50 countries and regions in the global political, business, academic and scientific circles. The conference will be hosted by Hong Kong-based Asia Digital Currency Limited. 

On 16 December 2019, the World Digital Currency Forum launched a global launch conference and the ACU white paper launch conference in Hong Kong. The theme of the conference is “subversion, innovation, opportunity, and change”, adhering to the concept of “collision of wisdom, dialogue of the future”, and is committed to promoting exchanges and cooperation between the economies of the world. At the same time, the official release of the ACU White Paper aims to advance the Asian economic integration process and achieve regional circulation of the ACU. The participants of the ACU White Paper conference include more than 300 authoritative participants from more than 50 countries and regions in the global political, business, academic and scientific circles. The conference will be hosted by Hong Kong-based Asia Digital Currency Limited.

In recent years, with the maturity of blockchain technology, various industries have set off a wave of application of blockchain technology, and governments of various countries have raised it to the national strategic level, which has provided a good foundation for the development of blockchain technology ecosystem. Based on the underlying technology of the blockchain, ACU after a long period of precipitation, is back on the stage of the world economy. Now, ACU has passed trademark review in 46 countries, including the EU 27, and 15 Asian countries and regions including Brunei, South Korea, Japan, Singapore, and Hong Kong, China have also passed ACU trademark review, And the ACU wallet has been successfully launched. After the conference, many countries put the ACU on the agenda, and are advancing in full swing.

Looking back at history, the growth path of ACU is not smooth. In 1997, Malaysian Prime Minister Mahathir first proposed the concept of the “Asian dollar”; in 2001, the economist Tromon Mundell, who enjoyed the “father of the euro,” re-published the concept of the integration of digital currencies in Asia; 2006 In the year, the Asian Development Bank (ADB) calculated the Asia-Pacific currency unit (ACU), a common foreign exchange indicator in the Asia-Pacific region. In 2018, the Asian Investment Bank transferred the global trademark copyright of the Asian dollar ACU to Asia Digital Corporation, and Asia Digital Corporation began redesign, research, development and promotion of ACU. After more than 20 years of precipitation and repeated demonstrations, Yayuan has adopted the underlying structure of the blockchain to achieve the final form of Asia’s universal digital currency-Yayuan ACU.

Asia, as an important part of the world economy. For a long time, due to issues such as regional conflicts, historical and cultural differences, and religious beliefs among various economies, Asian countries have a lot of contradictions, fewer trade contacts, and more fatigue in economic development. From the end of the 20th century to the beginning of the 21st century, Asia has experienced two major economic crises, and various economies have been hit hard. Therefore, the importance of the Asian economy has also become prominent. In the context of frequent financial crises and turbulence, conforming to economic globalization and regional economic integration has become the consensus of Asian countries.

The implementation of the ACU will be a great gospel for Asian economies, and it is expected to become the most effective way to promote Asian economic integration and maximize the interests of Asian economies. With the development and expansion of the Asian dollar ACU, the “weak” situation of the Asian economy will gradually improve, and the world financial market will form a three-legged and diversified situation with the euro, the US dollar and the Asian dollar as the mainstay.

We appeal: In the context of globalization of the world economy, Asian countries, regions and economies should put down their prejudices and unite as one. In the reconstruction of the world currency system in the 21st century and the Asian dollar ACU in the creation of the Asian unified currency system, Shouldering their respective historical missions, and working together to create a grand blueprint for Asian economic integration, and jointly create a better future for global economic integration.

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