AFROCHAIN: Is The First Blockchain For Africa

in cryptocurrency •  6 years ago  (edited)

Have you ever heard of projects from the Afrochain Platform? here I will explain about Project Afrochain, the first Decentralized Blockchain Platform for Africa. 

About AFROCHAIN

 AFROCHAIN is the first blockchain for Africa. It is the first step toward building a free economy for everyone, giving back the power in the hands of the people of Africa and Africa diaspora. An entire ecosystem is to be built on the AFROCHAIN blockchain. AFROCHAIN native coin is called Afrochain Token (AFR), a Afrochain Token suitable for African-market usage in line with its vision to provide access to financial services for everyone. Users will be able to their own project on the Afrochain mainet. The Afrochain ecosystem will enable users to have access to education, payments, exchange, trading and investing, and lots more. 

Vision

To use Blockchain Technology to improve the lives of people of Africa and friends of Africa. To Bank the unbanked by giving them access to financial services through Education and equipping individuals and merchants with tools and access to the Afrochain ecosystem.

Why AFROCHAIN ?

Practices and challenges of cryptocurrency in Africa 

Large-scale adoption in Africa, however, is still slow. Awareness, education and user experience are some reasons why the take-up is taking time. Switzerland and Singapore are both successful countries with strong currencies, and as such have nothing to lose by embracing Fintech and cryptocurrency. Countries with high inflation and currency controls in place seem to be paranoid about the rise of crypto currency. However, similar to the Internet, it is difficult to ban and/or control. 

Afrochain token (AFR) cryptocurrency technology empowers both consumers and producers in all industries with an independent, decentralized banking solution. 

Consumer Advantages: 

DECENTRALIZED

“ The servers are decentralized and distributed into various servers which connected to a single network “

TRANSPARENT
” Everyone can view the transaction history on the AFROCHAIN Blockchain here on the  Etherscan Block Explorer

ANONYMOUS

” Anyone can make a transaction with the same anonymity as Bitcoin, or better. No personal information is displayed “

SECURED

” Security is the first priority within our decentralized platform. We utilize the popular ERC20 Platform by Ethereum blockchain technology allowing other developers to join seamlessly and without worry “

 What does the Afrochain Platform offer?

The various services provided by the Afrochain Platform via Coins (AFR) along with the Smart Contract Etherium blockchain system, enhance the Afrochain ecosystem, create a solution for Africa and other users. Some of these services are categorized as.

  • A system of trust and reputation that can be transferred throughout the world

 This system is designed and developed to fulfill the service aspect to the user when making a transaction, Blockchain will record all things or information carried out on the transaction. all information can only be accessed by users. Smart contracts greatly enhance the trust of the users involved in this project.

  • Payment solutions via a Mobile gateway

 Afrochain, along with Etherium Blockchain, helps users to make cellular payment systems using the Afrochain distributed system by exchanging digital currencies into fiat currencies that can be received by the local.

  • To enable African economies to include blockchain technology

The Afrochain platform globally will develop a digital platform for a payment solution. aims so that users can easily make various payments or transactions. With Blockchain will change the entire African economy

  • Cellular payments: There has been a major shift in cellular payments

The estimated number of mobile payment users in US stores reaches 150% by 2020. And in 2016 consumers have reached $ 47.6 of physical goods purchases over long distances. some countries cannot enjoy infrastructure with monetary stability such as Africa, this is only available for users who do not have stable and dynamic transaction access rights. Afrochain believes blockchain can change all that. simplify the entire experience of buyers and sellers. The integration of third-party applications will be added on time, with the aim of creating a complete and efficient ecosystem, which prepares a new generation of users for e-commerce. AfroWallet Ethereum will be integrated into the escrow system. 

INTRODUCTION AFROPAY

 

Afropay is Digital Cryptocurrency Payment Gateway

 AfroPay is a unique payment solution for easily accessing and transferring funds electronically.  

Accessible from any location in the world, the world-wide payment network, proprietary payment platform and global payment solution ensures payees that they receive their funds in a timely and cost-effective manner.

AfroPay is a trusted payments technology and a service provider to top-tier organizations across multiple industries.

Payees enjoy the benefits of quickly receiving their funds and the ability to choose payment methods that are most convenient for them, including local bank direct deposit, branded prepaid cards and more.

Zero Transaction Fees, Decentralized blockchain technology makes zero cost transactions possible, with an option for including a “mining fee” to complete your transaction at a prioritized speed.

INTRODUCTION AFRODEX

 AFRODEX is Decentralized Exchange.

AFRODEX Using decentralized ” 0X-Protocol ” You can Exchange any ERC20 Token with AFRODEX Decentralized Exchange.

AFRODEX Decentralized Exchange to Create wallet we Using Myetherwallet   API, our platform support Metamask Google Chrome extention and Ledger Nano’s.

Warning!: AFRODEX does not Keep Your Personal Private Key, You are  Owner of your Your Wallet.

Introduction to the NileChain Foundation

The NileChain Foundation is a decentralized private company (DAO), enabling a decentralized system to increase the African market. The Nilechain project is built on Mainnet Afrochain and improves African infrastructure so that they can enjoy the convenience of smart ecosystems. Nile The Foundation also provides governance services for the Nilechain Token (Nile) ecosystem economy. make everything develop better.

Using Blockchain Technology, Nilechain is able to build decentralized real estate and rental ecosystems that will enhance Africa's quality, facilitate the purchase, sale and rental of services or properties for their convenience.

What is Afrodex Exchange?

Afrodex is one of the services found on the Afrochain Platform which is a decentralized Exchange. AFRODEX Using decentralized "0X-Protocol" You can exchange any ERC20 Tokens with AFRODEX Decentralized Exchange. Platform supported by Metamask and Ledger's Nano.

Token Distribution Afrochain: (AFR)

  • Available for Private Sale : 7,500,000 AFR
  • ICO Public Sale : 18,750,000 AFR
  • Retained for Team & Developer : 11,250,000 AFR (Locked)
  • Reserved for Future Development : 18,750,000 AFR
  • Reserved for Marketing Bounties : 18,750,000 AFR
  • Total Token Available : 75,000,000 AFR 
  • Detail Token Afrochain: (AFR)

Token information:

  • Name Token: AFROCHAIN
  • Symbol: AFR
  • Max Supply: 75M AFR
  • Total Supply: 26,250, 000 AFR ( Pre ICO & Public ICO)
  • Hardcap: 11,250 ETH ($5,625,000)
  • Softcap: 3,750 ETH ($ 1,875,,000)
  • Exchange Rate – Pre Sale: 5000 AFR = 1 ETH ( $0.1/AFR)
  • Project protocol: ERC20 ETHEREUM Platform
  • Target Price December/2018: $10 /AFR
  • Update: August 1, 2018 

Partnership:

Wallet Supported Afrochain Platform:

For more information:

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