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6 лет назад

AFRICUNIA PROJECT OVERVIEW

The Blockchain is a rapidly growing technology that is engulfing every possible business domain. Therefore, many reports published have predicted a huge rise in the Blockchain market. According to reports, the Blockchain market is expected to extend to over 20 billion dollars by 2024. It is counted in one of the most promising new technologies that are hoped to change the future of businesses and the internet.
Basically the rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is AFRICUNIA BANK

You may be contemplating on the crypto coin that will be best for your investment. You might have even found yourself investing in one of these Cryptos but you did not gain your profit as you expected because, some developers, after hitting their target and making a huge sum of money, dropped the project, and left investors in the middle of no where. All hopes are not gone. Lets start a new page in you new or next journey to investment for profitable earnings. I will be introducing you to AFRICUNIA 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. Isn't this interesting. Please read carefully as i let you on this incredible project.

The AFRICUNIA BANK project is a 100% fully decentralized digital banking system. It will be a digital bank based on the Blockchain concept. Our new and unique Financial Institution will not only offer traditional bank services such as savings and opening of current accounts, bank and credit card issuance, loans / lending, foreign exchange exchanges, but also will connect with the start of traditional finance and crypto-currency.

The first African will be the Crowdfunded Open Bank and will have its own digital currency called AFCASH which is open to purchase during the First Money Offer (ICO).

Problems and Solutions Provided By AFRICUNIA

While blocking provides fast and cheap processing, it is not centrally controlled, but there are still some shortcomings. For example, the system should recognize a real and fraudulent operation. Typically, this study is carried out with institutions and cryptographic signatures. However, in decentralized systems, the level of trust is reduced because each user remains anonymous. Many existing platforms require a lot of time to process transactions or high commissions; To solve these problems, AFRICUNIA uses the CONSENSUS ALGORITHM protocol (APCA), which will solve all major problems.

AFCASH is a currency that is intended to create an ecosystem that shortens the gap between AFRICUNIA and cryptocurrency. The platform will continuously evolve and be supported by new functions.

FEATURES

Here are some of the primary features the Blockchain Technology and Digital Bank Ecosystem:

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

Others are;

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

The AFRICUNIA Technologies

To live inside the constraints of Traditional Banking, they 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.

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.

As said earlier, AFRICUNIA is inside the activity of executing AFCASH — a crypto — predicated on AFRICUNIA Protocol Consensus Algorithm (APCA) to shield the contemporary troubles of correctness, consensus, and usefulness the show protocols have partially solved. Again, the aim is to create a benchmark for investment that can work as a catalyst of bridging the hole among cryptocurrencies and the fiat.

THE UNIQUENESS OF AFRICUNIA BANK

The biggest advantage of the project is that it is currently on the market. When the bear market has a scam project with tons, Africunia starts +1 in terms of trust. It is also a wallet project which makes him attractive. This project will eliminate the barriers to centralization and offer uninterrupted investments that everyone can benefit from, and will be the future of the digital banking system in the award industry that everyone wins. I encourage you to participate in the prize campaign. This incredible revolution would take a new form of investment. I think AFRICUNIA will introduce its own continent with this project.

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

Unsold Token: All UNSOLD TOKENS have been underwritten by MAINSAIL TRADING LTD (DUBAI) and IBB INTERNATIONAL HOLDINGS LIMITED (MALAYSIA) and would be taken over by the Financial Group.

Token Distribution

"THE FUND STRUCTURE

Definitely the fund structure will keep changing depending on the opinion made by legal our counsels. However, at this time 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.

THE SHARING REVENUE

At the end each Financial Year, 20% of AFRICUNIA BANK’s Profit will be distributed among all Holders of our Token (AFCASH) based on each Holder’s Share of total amount of Tokens issued, and this will be automatically paid out to our Coin Users in their respective Wallets. In other words, you are entitled to AFRICUNIA BANK’s revenue. Consider this as a PASSIVE INCOME." - This quote was gotten from the Africunia Website - https://africunia.com

ROADMAP - From the Africunia Whitepaper - https://africunia.com/wp-content/uploads/2018/02/AFCASH-Whitepaper.pdf

Milestone 1: 10th July 2017 to 1st January 2018

RESEARCH AND EXPERIMENT

Researching and experimenting with the APCA will be our first step in the Africunia journey. Our developers will develop dummy prototype of Blockchain system based on APCA and test it for correctness, consensus, and utility. We are already researching and experimenting with the APCA and its application in Blockchain. This phase will run up to 1st January 2018.

Milestone 2: 1st December 2017 to 31st December 2017

PRE-ICO

The AFCASH pre-order will open on 1st December 2017 and run for 4weeks up to 31st December 2017. We are targeting a yearly supply of 1 Billion AFCASH tokens but ICO circulating supply of 500 Million AFCASH.

Milestone 3: 1st January 2018 to 31st May 2018

ICO

The AFCASH ICO will start on 1st January 2018 and run for 5 months up to 31st May 2018.

Milestone 4: 1st July 2018 to 31st July 2018

DEVELOPMENT OF BLOCKCHAIN PROTOTYPES

At this stage, we will develop a Blockchain prototype that will help to eliminate ambiguities and enhance accuracy with our AFCASH crypto. We expect this step to take 4 weeks and will run from 1st March 2018 to 31st March 2018.

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.

AFRICUNIA BANKING ROADMAP

Milestone one: $2 Million

AUTHORIZED FINANCIAL PAYMENT SERVICES

Diverse Payment Services

Acquiring SWIFT Membership

Obtaining API License

EBA Clearing & Payment Systems (EURO1, STEP1, STEP2, MyBank)

Person to Person Payments & Loans

Investment Portfolios

European Payments Council RuleBooks and SDD Collection

Milestone two: $3 Million

eMONEY SERVICES

EMI License

Foreign Exchange (FX)

Capital loans for consumers

Acquiring Payments and Card Issuance

Milestone 3: $6 Million

COMMERCIAL BANK

Bank License

Crypto-based Point of Sale (PoS)

Debit Cards

Credit Cards

Current Accounts

Savings Deposits

Open API Applications

Card Memberships

Milestone four: $10 Million

DIGITAL PASS TECHNOLOGY

Hybrid Blockchain Technology (Browser-based Prove of Work & Prove of Stake)

Offline/Online/Ultra Thin Smart High Security Wallets

AML / KYC Protocols

Big Data Technology

Applied AI

Internet of Things (IoT) Technology

eSignatures

eSeals

Milestone five: $25 Million to $50 Million

SMALL AND MEDIUM SIZED ENTERPRISE FINANCIAL MARKETPLACES

Insurance & Brokerage Services

CrowdFunding

Venture Capital Funding in BioTechnology & ICT

Private Equity Funding

Small Business Funding and Loan Matching Services

Fiat FX & Cryptocurrency Exchange/Trading

Milestone six: $50 Million to $100 Million

CROWDFUNDING/VENTURE CAPITAL FUNDING/INSURANCE & BROKERAGE SERVICES

If we are able to realize funds above $50 Million we will use same to capitalize on Venture Capital investments and SMEs funding as well as investment on Insurance and Brokerage services.

TEAM