AUC Digital Assets

The digital assets of the Advanced Project consist of AUC Token and en-Cash digital currencies. These two currencies are used as various means of payment, remittance, and compensation within the AUC ecosystem. AUC Token is an ERC-20 based token, and AUC tokens can be swapped with en-Cash, which efficiently promotes the popularization of services and activates the Advanced Project ecosystem. The en-Cash, the proprietary digital currency of the Advanced Project, is issued and managed through the AUC ecosystem’s digital currency management system. Furthermore, the en-Cash is pegged 1:1 with RAND (ZAR), South Africa’s legal currency, and can be applied to real businesses such as cross-border remittance, payment, and more. This allows for stable value maintenance. AUC Token and en-Cash can be utilized by all partners within the AUC ecosystem, and indirect value transfer and conversion is possible through swaps between the two tokens.

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