[ANN][AMTC] 🏺AmberTime💎🕰️: 1st 🎓Education🎓 + ✈️Travel✈️+ ⛓️Blockchain⛓️ Platform
HISTORY OF AMBERTIME
If you’ve ever carefully looked into Amber, you would’ve noticed that there’s a secret of time inside.
3 million years of humanity, how many lives hollowed and cultures vanished?
4.6 billion years of Earth’s rotation, how many species buried to ground and oasis turned desert?
Time never stands still, we find ourselves through the stream of time.
Did we create time, or did time create us.
The mission of the living is to pass on the genetics through reproduction,
and the mission of humans is to carry on human civilisation through language and texts.
But what is civilisation?
Is it countries, tribes, formalities, practices and things? Religion, philosophy, law, technology and art?
Civilisation may be each actual, lively, dynamic individual - every person is a medium of civilisation.
Did we create civilisation, or did civilisation create us.
AmberTime originated from contemplation of the questions about time and civilisation.
These questions are rather significant for the modern minds and civilisation.
What does civilization means for us? How do we create our own time?
It might be an inspiration from one immersed reading, it might be one hiking in the wilderness,
it might be one enthusiast’s passion project, it might be a certificate for a profession.
It might be a college assignment, it might be an adventure to circumnavigate.
It might be an emblem from an educational institution, it might be one remarkable event of life.
AmberTime is created for every person’s precious moments in life,
every bit is securely, factually and permanently recorded by the use of blockchain technology.
Amber is created for everyone to come closer to our civilisation,
through the media of civilisation - the interesting, cultivated, passionate and profound individuals,
join an open source, boundless world university and turn time into priceless Ambers.
FIRST EDUCATION + TRAVEL + BLOCKCHAIN PLATFORM
As an open platform of blockchain “certified history”, AmberTime blockchain application class products are open to schools of all levels, educational and training institutions, examinations and assessment institutions, qualification certification institutions, travel organizations, and travel product platforms around the world. Not only that it means the way people receive their education and the way they travel will go through a revolutionary change, it also means people’s life-long educational history and travel footprints will be permanently and safely stored as a very important data capital.
OUR VISION
AmberTime's vision is to become the world's most recognized and prestigious education institution with its time-flow inspired, open source and borderless philosophy grounded on blockchain innovation.
OUR MISSION
To drive the intersection of both education and tourism by cultivating and nurturing talent with multi-sectoral ability, wide range of interests, international perspective and a heart to contribute to the society.
To create a top-ranking global university based on open source and borderless principles by way of establishing a thematic institute with various types of institutions, organizations, enterprises and individuals who share the same values and educational philosophy, and together develop curriculum contents, design travel projects and make them more accessible and fulfilling to the youth.
To use the flow of time as a means of recording behaviour, academic achievements, merit awards, travel experiences and certifications can become one's irreplicable and tamper proof assets, condensing into their own exclusive and unique "Amber".
PROBLEM
Fake IDs, diplomas, and certificates in the black market
Difficulty in verifying claims of achievement and accreditations
Traceable personal activities in open ledgers
High-trust requirement between mutually foreign parties in commercial engagements
Slow and resource intensive transaction processing
SOLUTION
Grant cryptographically secure electronic credentials in blockchain
Support authentic claims of merit through digital signature and time verification logged in blockchain
Indiscernible encrypted transactions visible only by authorized parties published in blockchain
Decentralized trust network ensuring transaction governance and execution of escrows in the form of blockchain
More efficient Proof-of-Authority / Proof-of-Time blockchain consensus algorithm instead of Proof-of-Work implementation
USE CASES
EDUCATION
Validate educational achievements by auditing student credentials recorded on the blockchain.
EXPERIENCE
Log trips, tours and events joined on the blockchain upon booking or checking in.
E-COMMERCE
List, hunt, shop for goods and services directly from the blockchain wallet.
FEATURES
TIME BASED VALIDATION
Merchants can specify a maturity period for services, such that completion of the purchase can only be done after the maturity period.
AUTO ESCROW OF PAYMENTS
Payments can be automatically place in escrow, requiring the consent of both the buyer and the service provider for the payment to go through.
TIME LIMITED AUTHORIZATION
Users can choose to selectively grant authorization to view their information on a time-based expiry.
When the expiration date has passed, the authorization will automatically be revoked.
INTEGRATION OF E-COMMERCE DIRECTLY INTO THE WALLET
Amber's Smart Wallet will allow the user to browse services and make payments and other transactions within the network.
PROOF OF AUTHORITY CONSENSUS
Transactions are approved through a consensus of nodes that are authorized as approvers.
Approvers are incentivized to uphold transaction validity because their reputation is at stake.
ZERO TRANSACTION FEE
Transactions on the Amber network are not subject to transaction fee.
Instead, wallets will be limited to a certain number of transactions over a given period.
Wallets with more stake in the system will be allowed to make more transactions.
REAL-TIME
Fast transaction confirmation and account settlement which doesn't take 3 days, or even 10 minutes.
IMMUTABLE
Proof-of-Integrity binded to the AMTC blockchain to ensure immutability and settlement finality.
PRIVACY
Configurable degrees of privacy, from transparent. publicly auditable to private only.
SECURE
Every individual transaction in AMTC is digitally signed unlike normal databases.
ROADMAP
Q1 2018
Initial announcement of plans
Q1 2018 - Q2 2018
Launch of website and token sale
Q2 2018 - Q4 2018
Development in TestNet
Q4 2018 - Q1 2019
Deployment in ProdNet
Q1 2019 - Q2 2019
Wallet release
Q2 2019
Service commencement
and advanced features release
MEDIA COVERAGE
搜狐网 - TechWeb - 央务区块链信息
UPDATE: Over 90+ media publications covering the launch can be found here
FAQ
What is AmberTime’s Token Symbol?
AmberTime's token symbol is AMTC.
What is the token address for AMTC?
The token address is 0x84936cF7630AA3e27Dd9AfF968b140d5AEE49F5a.
(Do not send Ethers to this address! See below in highlight for token purchase address)
What is the total token supply of AMTC?
The total token supply in the AmberTime Universe is 2 Billion AMTC.
What is the minimum contribution?
The minimum contribution is 1 ETH (Ether)
What is AMTC's Angel Funding Round price?
The initial price of 1 AMTC is 0.0002 ETH, 1 ETH for 5000 AMTC.
What is the Contract Address of AMTC Angel Funding Round?
The contract address is 0xb53a656bd0bbde2b272aa002a2f1a8d6137fce31
When will AMTC's Funding Round begin?
The 1st round, referred to as “Angel Funding Round”, will commence on March 20, 2018 to May 1, 2018 with a cap of 200 million AMTC.
This will be followed by the 2nd round, referred to as “Private Funding Round” where the token supply of the organization will remain locked until AMTC goes live.
Can AMTC be traded?
AMTC are not tradable during the Angel Funding Round period.
Once the Angel Funding Round is completed, AMTC can be traded.
How can I buy AMTC tokens?
Visit our website https://ambertime.org
Where can I find the white paper?
AMTC white paper can be found here