Alchemint is a stablecoins issuing distribution platform based on a hybrid model. Alchemint runs on NEO and aims at creating a decentralized, open and transparent stablecoins issuance system. Alchemint is designed to create a high-performance application-level encrypted digital currency and carries out a series of activities such as the mortgage of digital assets through smart contracts, the issuance of stablecoins and the management of collateral risk.