AFRICUNIA-Blockchain Digital Bank

Introduction
As progressive as it sounds, Blockchain really is a system to convey everybody to the most noteworthy level of responsibility. Not any more missed exchanges, human or machine blunders, or even a trade that was not finished with the assent of the gatherings included. Above whatever else, the most basic territory where Blockchain causes is to ensure the legitimacy of an exchange by recording it on a principle enroll as well as an associated dispersed arrangement of registers, which are all associated through a safe approval component.

The blockchain is a morally sound computerized record of monetary exchanges that can be customized to record not simply money related exchanges but rather for all intents and purposes everything of esteem. Blockchain innovation resembles the web in that it has a worked in power. By putting away squares of data that are indistinguishable over its system, the blockchain can't be controlled by any single substance and has no single purpose of disappointment. The web itself has turned out to be tough for just about 30 years. It's a reputation that looks good for blockchain innovation as it keeps on being produced.

OVERVIEW OF AFRICUNIA
"AFRICUNIA Blockchain Digital Bank would be another and one of a kind Financial Institution that would offer not just conventional managing an account administrations identified with opening of funds and current records, issuing of charge and Visas, credits and forex trade benefits yet in addition will give inventive saving money administrations, for example, bank-to-bank exchanges, interconnecting the universe of customary back and cryptographic money new businesses." - This statement was gotten from the Africunia Website - https://africunia.com

On the off chance that you were pondering, the fundamental target of this task is to build up another standard for tokenized venture that will go about as an impetus of crossing over any barrier between the fiat and digital forms of money. It will be the first African Crowdfunded Open Bank and it would have its very own advanced cash called AFCASH which is open for buy amid the Initial Coin Offering (ICO).

Along these lines, it is just protected to state that The AFRICUNIA BANK venture will be a 100% completely Digital Bank - an advanced bank in view of the idea of Decentralized Ledger Technology - Blockchain. The new and special Financial Institution will offer not just conventional bank administrations, for example, opening of reserve funds and current records, issuing of charge and Visas, credits/loaning, trade yet in addition would interconnect the universe of customary back and cryptographic money Startups.

Solution
AFRICUNIA knows the difficulties of the economy and it is bringing another sort of bank which works on the computerized money in view of the blockchain innovation. They are endeavoring to overcome any issues between the conventional managing an account and the advanced cash. Making answers for the banks to put resources into the correct cryptographic money is one of the center missions of the stage.

The Features

Here are a portion of the essential highlights the Blockchain Technology and Digital Bank Ecosystem:

APIs

EMIs

Business Bank permit

Advanced Pass Technology

Web of Things (IoT)

Huge Data

Connected Artificial Intelligence (AI)

Credit and Debit Cards

Loaning/Loans

Reserve funds, Current and Checking Accounts

Decentralized Ledger Technology

Shrewd Contracts

Moment and adaptable exchanges accordingly over-the-counter and Point of Sale (POS) installments will be a cakewalk and as simple as ABC

Others are;

Manageable interest in the tokenized supports which is completely consistent with every one of the laws

Straightforward Investment Platform in light of the responsibility and blockchain innovation

Fluctuated class of venture choices on the stage with minimal effort of passage

AFRICUNIA PROTOCOL CONSENSUS ALGORITHM(APCA) to take care of the registering issues

AFCASH is the esteem trade system on the stage which will conquer any hindrance between the fiat money and digital money

Computerized Pass Technology for the security of the information put away on the AFRICUNIA Banking stage

AFRICUNIA Technologies
To live inside the requirements of Traditional Banking, they will make presumably basically the first of API (Authorized Payment Institutions) consequently utilizing the correct criteria of development and administrations.

The establishment of AFRICUNIA BANK is capital spent expanding has been changed in accordance with the buy increment thusly augmenting income return.

Also, so a considerable measure as the innovation security is included our system format is decentralized. In this way, instruments append data carport wellbeing and encryption component of people or organizations.

Preparing of Information is Automatic by a strategy of used AI calculations.

Blockchain Technology will reform the circumstance that is advanced. It has the ability to intrude on organizations, however especially the saving money industry, and make forms secure more vote based and beneficial. There's a test and individuals expect installment preparing progressively, in spite of the fact that in this period the sum total of what installments have been made. Exchanging reserves isn't just about exchanging assets out of one from loan specialist to another or from A to B. To ensure fulfillment of recipient and sender, installment should be approved through a middle person such a Correspondent Banks or Central Banks which recommends settlement can take rather quite a while, in many cases around at least two times for national commitments and 3 to 5 business days for worldwide installments.

As said before,more times for national obligations and 3 to 5 business days for global payments.AFRICUNIA is inside the movement of executing AFCASH — a crypto — predicated on AFRICUNIA Protocol Consensus Algorithm (APCA) to shield the contemporary inconveniences of accuracy, agreement, and convenience the show conventions have somewhat tackled. Once more, the point is to make a benchmark for venture that can fill in as an impetus of spanning the gap among digital currencies and the fiat.

Why Choose Blockchain?
They planned this stage to run utilizing blockchain innovation as the stage improvement stage. Since it's initiation, blockchain accompanies a quick and secure online exchange offering and is good with a wide range of information and digital forms of money. Blockchain innovation utilizes a framework, where every exchange is recorded and can not be changed perpetually, so exchanges can be kept up and the probability of information misrepresentation lessened. Blockchain is inherently impervious to the adjustment of the information included. Blockchain is a developing rundown of notes, called squares, associated and anchored by cryptography. Each square for the most part contains a hash pointer as a connection to the square, time stamp and information from past exchanges.

Benefits
For Investors:

New chances to get to resources from the fiat universe without leaving the cryptographic universe to be supported.

Remarkable broadening openings because of the low relationship among's settled and cryptographic resources.

Access to venture openings that can diminish the hazard profile to supplement and equalization existing theoretical exposures.

For Fiduciary Investors:

Arrangement of higher net returns, financially savvy for structures of tokenized reserves

Access to new resource classes because of the lower hindrances for a readied store and organization in the Africunia stage.

Presently, I get it's an ideal opportunity to give you the insights about venture.

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
Don Chancellor - Founder & President (CEO)

Madeleine G. Winkler - Company Secretary

Dieter Frank Wipf - Business Development Director

Irina Yuhanyuk(M.Sc., Int‘l Economist) - Marketing Director

Gérald Tissière - Chief Technology Officer (CTO)

Alexander Papievis - Assistant CTO

Adedapo Ajayi - Assistant CTO

Christian Bogdan - Blockchain Developer

Usman Farooq - Graphic Designer

Panda O. Oku - Head of Operations

Claudius Lyn - Project Manager

Nur Ilham - Bounty Manager