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developed by German Sterligov unites manufacturers and producers, service providers, mining and trading companies into a global information network from over 40 regions worldwide. Company's regional office in London joined the network June 22, 2009. [Photo review]
ASCC's first step towards changing the global financial architecture is elimination of the speculative financial instruments. Exchanging the available on-hand goods for the needed and/or required commodities and services with minimal utilisation of commonly used instruments such as money or bank loans is the new way of trading and transaction settlement.
- The investment of over €20 million went into development of the ASCC global system.
- Over 40 fully functional regional offices have been successfully established worldwide. ASCC representatives are located in United Kingdom, Kazakhstan, Hong Kong, Ukraine, Russia, and newly established locations in Dubai and Indonesia are getting ready for the launch.
- Currently, ASCC database contains hundreds of thousands of supply and demand bids for goods and services worldwide.
- Total monetary value of the bids just in Russian Federation alone equals to 150 billion rubles (£3 billion).
ASCC's main priority is to help companies to settle their debts and stay afloat.
ASCC's clients can utilise interest-free financing to trade within the system. Commission is paid to ASCC once the transaction is completed.
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ASCC is an information service provider. A global centralised database platform contains secured information of goods, services and commodities submitted by clients according to their demands and offers. ASCC's sophisticated software analyses supply and demand bids of participants from all over the world and creates multiparty "chains" of potential transactions in almost real time.
ASCC is an international interest-free financing resource. It provides transaction settlement and money clearing for the participating system members. ASCC also provides financial services such as account and sub-account maintenance, funds transfers, financing, foreign exchange, deposition services, etc. For maximum convenience clients can use any preferred currency and financial instruments integrated into the transaction settlement by deploying capabilities of ASCC. The development of the ASCC Settlement System requires utilisation of its own monetary unit or currency, which we are happy to present today, it is a gold coin equivalent to one Troy Ounce of Gold 999,9. The coin is an internal payment unit accepted at any ASCC office worldwide. Currently, 1.1 million ounces are ordered to be stamped into gold coins of ASCC Troy Ounce of Gold. The volume of gold coin production is based on the volume of client's orders used by the ASCC Settlement System, and it will be continuously increasing.
ASCC is an electronic transaction document-flow system. All participating members are provided with printable and electronic documents with compliance to local jurisdiction laws. The ASCC logistics operators provide the product delivery. All information and financial transactions are encrypted and secured.
Before the crisis, the real economy was working for the banks. The crisis forces the finances to work for the economy, and that is the ultimate meaning of the ASCC Settlement System.
ASCC operates in more than 17 countries in Europe and Asia, including Russia, countries of the former Soviet Union such as Kazakhstan and Ukraine, China and the United Kingdom.
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