Legal Model

Alcor Infrastructure, Workflow
Alcor was created with the goal of establishing and facilitating communication between companies offering various products and services and consumers who wish to purchase and use them.

Alcor is a marketplace with an organized online platform that provides products and services of reliable and trusted companies.

Alcor does not require licenses or certificates for trading in the financial markets, since the company acts as a representative (agent) and is responsible for organizing interaction processes and calculating financial transactions. The company operates on the basis of regulations and traditions of conducting advertising and intermediary business in Hong Kong.
Check the company in the register
PDF Alcor Limited Certificate of Incorporation
93 Kb Document relating to the formation of Alcor Limited
PDF Alcor Limited Business Registration Certificate
540 Kb Document for the site confirming the activities for 2021-2022
PDF Articles of Associations of Alcor Limited
850 Kb Articles of association and information about the authorised capital
The Purpose of Alcor
Selection and promotion of partners
Alcor's main function is the selection of reliable partners and their promotion. The selection of companies is carried out according to 138 parameters for checking financial and security indicators, as well as the feasibility of business forecasts.
Data collection and profit calculation
The second function is a well-managed collection of user data on investments and guaranteed calculation of the profit of private investors (independent Business Partners of Alcor, IBPA). For this end a system was developed with the most powerful computing processing, the structure of which was adopted from the experience of the largest world banks.
Personal Account of Alcor
Each client / user / partner / investor / IBPA can use the Alcor service and use such management tool as “Personal Account”. “Personal Account” is the property of Alcor. All intellectual property rights to these developments are protected by the PCT (Patent Cooperation Treaty).
Partner Audit
When choosing partner companies and evaluating reliability parameters, the legal basis for doing business is also checked. Each partner company has corresponding licenses issued by the relevant authorities under the laws of the country of business.

Every 10 days, Alcor lawyers check the relevance of the licenses for conducting business, certificates, contracts concluded with various partners and other documentation.
PDF Audit Document
Size Kb Document describing the verification parameters for listing of partner companies
Alcor Dollar (ALD)
This is a designation adopted by Alcor and its partners. Alcor dollar is equal in nominal value to the US dollar, but has the form of an electronic promissory note. Such electronic promissory note has been selected for the convenience and calculation of all financial transactions within Alcor. Since investors from many countries expressed their desire to use the products presented on the Alcor marketplace, we created a unified and understandable counting unit. All banking operations are conducted within the framework established by an international bank in the city of Basel and the FATF group (Financial Action Task Force on Money Laundering).
Alcor is inherently an advertising broker and does not work with fiat money. Otherwise, without a specialized license, the activity would be illegal under Section V of the Securities and Futures Regulation (SFO) and would fall under the supervision of the Hong Kong Securities and Futures Commission (SFC).

This would probably greatly obscure the rate of investment, and reduce the profitability of each investor. Therefore, for process mobility and transaction security, the company works with the ALD electronic promissory notes. Before getting to Alcor, any investment is offered for exchange with the Interchange exchange partner service. Otherwise, the transaction will be illegal and will not take place.
Exchange of ALD Electronic Promissory Notes
Alcor also provided for the exchange of ALD promissory notes between platform users (IBPA). In this case, the Alcor marketplace counts ALD promissory notes received from other IBPAs or sent to other IBPAs in its own financial system. Alcor is not liable to IBPAs for the results of such an exchange. If an IBPA made an exchange by sending ALD promissory notes to another IBPA and did not receive the agreed values ​​in return, then this is the individual responsibility of those involved in exchanging ALD for other values. Alcor complies with the law and monitors the safety of its investors.
AML GDPR User Agreement
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