Korean Exchange, Coinnet will now list ACT Token.

Achain is a relatively unknown Chinese Blockchain platform that has already created many DApps and could easily develop thousands of additional Litecoins. Co-founder, Eric Wang said Achain was a public Blockchain platform that gave developers the opportunity to issue smart contracts and token and create Blockchain systems and DApps.

Having been under development for nearly 2 years, Achain currently assists Lua for smart contracts and have a number of future plans. What’s more, they have released 54 smart contracts with a total of 337,000 transactions. Already more than 30 DApps have been developed, and numerous are in production, including Kcash – an online wallet and exchange platform that supports over 30 tokens.

Created via a fork of Bitcoin, Litecoin’s goal is to improve the block generation time. Achain has created a technology, which allows developers to create a fork off the main chain. The first fork on the Achain platform is Abitcoin. Dubbed as the complete competitor to Rootstock, Bitcoin and Ethereum, ABTC offers improved results through reduced energy consumption, while reducing transaction fees. If ABTC can find a solution to these problems, other industries will also adopt the same processes, and other developers could also create their own forks.