Cajutel ICO — A New DAO in Africa, on its way to build Guinea-Bissau Internet Infrastructure

Most countries with slow internet speeds are found in Africa, The internet is so slow that if we compare the internet speed of African countries slowest internet to the fastest internet countries it will around 50 times slower. A HD movie of 600MB took less than 20 minutes to download in Singapore whereas in African countries it can take more than a day to download the same movie. How anybody can work over the internet in such a super slow speed?

Cajutel Sarl, an organization from Guinea-Bissau is building foundation to serve the majority in west africa with fast web at reasonable costs. Building the non existing framework is at its center and gives a long haul return. Cajutel has now moved to the cryptocoin showcase as an advanced approach to raise its required speculations for this foundation and therefore is most likely the primary DAO (Distributed Autonomous Organization) in Africa.

Telecom, a multi-billion dollar market, exceptionally focused also, yet Cajutel found an indirect access that may very well permit them a goliath bit of that regularly developing cake (yes 5G is practically around the bend and the Internet-Of-Things turns out to be more unmistakable every day, it’s developing in fact). Yet, not simply Cajutel, YOU will have a taste too! So you better begin cleaning those spoons of yours! The cake is genuine and it’s here!
The current non-availability of infrastructure in most West African countries make the region a very viable market for new entrants, especially in areas of technology and internet service providing.

Internet is key to development

Internet has become one of the most vital tools for the development of any given people. To a large extent, the level of advancement of any nation is linked to its advancement in the industry of telecommunication.

Catujel to the rescue

Native internet service provider with an original base in Switzerland, Cajutelis embarking on a mission to build a robust high speed internet service for the people of Guinea-Bissau.

The CEO of Cajutel, Andreas Fink explains that his company is developing its own entire ecosystem from the scratch. This would include the installation of needed radio infrastructure, laying the fibre to connect these radios to the existing coastal internet sources, and also generating its own independent energy.

However, Fink explains that in the long run, the companies running cost will be cheaper since there will be no monthly or quarterly payments for energy and other necessary facilities.

Fink is involved in the telecommunications industry in different countries across the world. One of Fink’s companies DataCell ehf operates a datacenter in Reykjavik, Iceland and has been the credit card processor of Wikileaks since 2010 with all kinds of consequences.

In essence, Cajutel is said to be embarking on a nation building project as the service is expected to increase the internet quality currently enjoyed by the people of Guinea-Bissau and her neighbours by a factor of 10x to 100x, while reducing cost of service by up to 30%.

Visit- www.cajutel.io for more information.