Because unavailability of broadband is significantly correlated with economic growth, creating a digital divide between those who are connected and those who are not. Globally, the mobile industry accounts for 5.1 percent of gross domestic product. Of course, equipping poor countries with high-speed mobile telecommunications will help them boost their GDP, which will lead to increased telecoms spending. This virtuous cycle will continue until these countries reach their maximum potential.
As a result, introducing reduced mobile operator services based on technology that is a fraction of the price of those used in advanced countries can be viable in the short term while also being tremendously beneficial in the medium and long run.
Internet access in Africa and the majority of third-world countries is still a pipe dream. Over 57 percent of the population in Africa doesn't have any connection to the web.
Why, exactly, is the big question? This answer is not improbable. Telecommunication infrastructures for the Internet are highly costly. It is difficult to deploy comparable technologies there in the third world in order to provide cost-effective services that meet first-world standards while making respectable profits. In order to provide reasonable returns on investments, such infrastructures require areas with a large population and a high population density.
The opposite is true, with low population density prevalent throughout most of Africa and the humid areas. It's easy to see why, despite their population's huge potential for wealth creation, innovators have devoted almost no attention to establishing such telecommunication services in such areas.
WHERE DID FUTIRACOIN COME INTO PLAY?
Besides facilitating the use of such a coin, the blockchain provides a unique possibility. The network's funding will be provided by Futira-Coin. Dr. Hatim Zaghloul, CEO, and Mr. Hani Hebishi formed Futira Ltd LLC in recent years. Director suggests a more advanced and practical approach by employing the blockchain system, which provides a one-of-a-kind possibility by permitting the use of the specified coin. The network's funding will be provided by Futira-Coin.
Once the network is created, that will be the only way to obtain credit on the network, ensuring constant demand for the coin. The average user will not need to comprehend the coin because he will be purchasing credits upon this network at a rate that he knows within his native Fiat currency.
Every credit will then be convertible to Futira Currency in the system, and indeed the customer (not the investor) will then be protected that if the value of his credit falls far less than what he paid in Fiat money, he would be reimbursed. He can even use the extra points if his credit score rises.
FEATURES OF THIS NETWORK PROJECT
Futira-Coin is one of the few digital currencies supported by a legitimate business, which is wonderful news for investors because the coin's value will continue to rise as far as the network remains.
Futira-Coin would be the only means of paying for network services, and network users won't need to know about it because they will use their local currencies to access the services.
When users pay for network services with their local currencies, they are actually purchasing a fraction of the token, which will then be withdrawn when they use the phones to communicate calls or browse the internet.
They will be able to convert to Futira with the assurance that they would only make profits and not losses. As market penetration grows, Futira is being used for cash payments and payments as well.
As a result of the aforementioned, it is clear that Futira-Token usage will rise as interest in network services rise. This is excellent news for both network users and cryptocurrency speculators.
And finally, Futira-Coin is just one of those virtual currencies endorsed by a legitimate commercial enterprise. It is something I would suggest to any investment since it has the ability to keep its promises. FutiraCoin appears to be unique in that it is one of the few cryptocurrencies backed by a real-world business, providing that perhaps the cryptocurrency's value does not decline even more than the network does. Consumption and inflation of fiat currencies, on the other contrary, should propel the Coin's price up.
TO KNOW MORE:
Twitter: https://twitter.com/FutiraCoin/
Facebook: https://www.facebook.com/FutiraCoin/
Instagram: https://www.instagram.com/accounts/login/?next=/FutiraCoin/
Telegram: https://t.me/futiracoinofficial
Discord: https://discord.com/invite/U5YU8yhsdB
Website: https://futiracoin.com/
PUBLISHER'S INFORMATION:
Forum Username: Kukutoto
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767595
Wallet Address: 0x048bD18737548F0426a6A7A262eb06d98d260015
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