AFRICUNIA - The Blockchain Digital Bank

ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.

After my research, I found this project in which I really put my faith: AFRICUNIA. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.

ABOUT AFRICUNIA

AFRICUNIA Blockchain Digital Bank would be a new and unique Financial Institution that would offer not only traditional banking services related to opening of savings & current accounts, issuing of debit & credit cards, loans and forex exchange services but also will provide innovative banking services such as bank-to-bank transactions, interconnecting the world of traditional finance and cryptocurrency startups. The AFRICUNIA BANK project is going to be a 100% fully Digital Bank - a digital bank based on the concept of Decentralised Ledger Technology - Blockchain. The new and unique Financial Institution is going to offer not only traditional bank services such as opening of savings & current accounts, issuing of debit & credit cards, loans/lending, exchange but also would interconnect the world of traditional finance and cryptocurrency Startups.

AFRICUNIA knows the challenges of the economy and it is bringing a new kind of bank which operates on the digital currency based on the blockchain technology. They are trying to bridge the gap between the traditional banking and the digital currency. Creating solutions for the banks to invest in the right cryptocurrency is one of the core missions of the platform.

AFRICUNIA AND BLOCKCHAIN TECHNOLOGY

Blockchain Technology will revolutionize the situation that is digital. It has the capability to interrupt businesses, but particularly the banking industry, and create processes secure more democratic and productive. There’s a challenge and people expect payment processing in real time, although in this era all payments have been made. Transferring funds is not just about transferring funds out of one from lender to another or from A to B. To guarantee satisfaction of receiver and sender, payment needs to be validated through an intermediary such a Correspondent Banks or Central Banks which suggests settlement can take rather a long time, oftentimes about two or more times for national obligations and 3 to 5 business days for global payments.

To live inside the constraints of Traditional Banking, AFRICUNIA will make probably essentially the foremost of API (Authorized Payment Institutions) hence employing the proper criteria of innovation and services.

The foundation of AFRICUNIA BANK is capital spent increasing has been adjusted to the purchase increase in turn maximizing revenue return.

Additionally, so a lot as the technology safety is involved our network layout is decentralized. Thus, instruments attach information garage safety and encryption mechanism of folks or businesses.

Processing of Information is Automatic by a technique of utilized AI algorithms.

FEATURES OF THE AFRICUNIA PLATFORM

APIs

EMIs

Commercial Bank license

Digital Pass Technology

Internet of Things (IoT)

Big Data,

Applied Artificial Intelligence (AI),

Credit & Debit Cards,

Lending/Loans,

Savings, Current & Checking Accounts,

Decentralised Ledger Technology,

Smart Contracts

Instant and scalable transactions therefore over-the-counter and Point of Sale (POS) payments will be a cakewalk and as easy as ABC

Sustainable investment in the tokenized funds which is fully compliant with all the laws,

Transparent Investment Platform based on the accountability and blockchain technology,

Varied class of investment options on the platform with low cost of entry,

AFRICUNIA PROTOCOL CONSENSUS ALGORITHM(APCA) to solve the computing problems,

AFCASH is the value exchange mechanism on the platform which will bridge the gap between the fiat currency and cryptocurrency,.

Digital Pass Technology for the security of the data stored on the AFRICUNIA Banking platform.

BENEFITS OF THE AFRICUNIA PLATFORM

New opportunities to access assets from the fiat universe without leaving the cryptographic universe to be consoled.

Unprecedented diversification opportunities due to the low correlation between fixed and cryptographic assets.

Access to investment opportunities that can reduce the risk profile to complement and balance existing speculative exposures.

Provision of higher net returns, cost-effective for structures of tokenized funds.

Access to new asset classes due to the lower barriers for a prepared fund and administration in the Africunia platform.

TOKEN DETAILS

Token Symbol: AFCASH

Token Supply: 1,000,000,000 AFCASH

Total ICO Supply: 500,000,000

Circulating Supply: 1,000,000,000 AFCASH

Token Price: 1 AFCASH = $0.10 USD

50% of AFCASH will be allocated to public contributors, 30% will remain the Company and Foundation reserve for projects development and for funding Social & Ecological projects. Fifteen percent (15%) will be reserved for Founding Members, 3% for the Advisors and Partners while the remaining 2% will be channeled towards distributions to our Bounty Campaigners.

KEEPING TO DATE THE ROADMAP OF AFRICUNIA PROJECT

Milestone 5: 1st August 2018 to 30th September 2018

DEVELOPMENT OF THE BLOCKCHAIN BETA VERSION

A beta version of our AFCASH cryptocurrency will be developed to help developers understand the ecosystem better as further ambiguities are eliminated. We expect this phase to take a maximum of 8weeks.

Milestone 6: 1st October 2018 to 31st October 2018

TESTING OF THE ECOSYSTEM

We will test the system as a whole and ensure it is working properly and is interoperable with existing systems. This stage will take a maximum of 4weeks and will run from 1st October 2018 to 31st October 2018.

Milestone 7: 1st November 2018 to 30th November 2018

COMPLETE DEVELOPMENT OF OUR BLOCKCHAIN TECHNOLOGY

We expect the complete Blockchain Technology to be finished by 30th November 2018.

Milestone 8: 1st December 2018.

LAUNCH OF THE BLOCKCHAIN AND ECOSYSTEM

We hope to launch the Blockchain Ecosystem on 1st December 2018.

Milestone 9: December 2018

SOLIDIFICATION AND EXPANSION OF THE TECHNOLOGY

After the launch on December 1, the project will undergo continuous maintenance and development to address all IoT, Machine Learning and big data concerns.

Above you can see the roadmap — how the team sees their nearest and long-term future.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.

AFRICUNIA knows the challenges of the economy and it is bringing a new kind of bank which operates on the digital currency based on the blockchain technology. They are trying to bridge the gap between the traditional banking and the digital currency. Creating solutions for the banks to invest in the right cryptocurrency is one of the core missions of the platform.

JOIN THE FINANCIAL REVOLUTION AND MANAGE YOUR MULTI-CURRENCY WALLET + EXCHANGE HASSLE-FREE. It is Cheap, Secure, Ultra-Fast and Reliable!

With the afcash wallet;

SAY NO TO HIDDEN FEES
We pledge to only charge you the miner fee for each transaction plus 1% for exchanging one of your cryptocurrencies to another cryptocurrency. Nothing More! With our transparent pricing system no hidden fees or manipulated pricing added.

CONVERT AFCASH
Convert AFCASH into BTC, ETH, USD, NAIRA or convert just about into any other available coin or fiat currency. From the comfort of your WINDOWS Computer send Digital Assets to Friends and Family Worldwide in SECONDS.

Wallet can be downloaded here: https://www.africunia.com/afcashwallet.exe

At this junction, it is safe to say this is a tremendous project with great potentials. For more information on this project, please visit the links provided below;

Website: https://africunia.com/

Whitepaper: https://africunia.com/wp-content/uploads/2018/02/AFCASH-Whitepaper.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=2847593

Facebook: https://www.facebook.com/africunia/

Twitter: https://twitter.com/africunia/

Telegram : http://t.me/africunia

Bounty: https://bitcointalk.org/index.php?topic=2875357.0

Author
nugezmils

BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=1729621