AFRICUNIA - Digital Bank based on Blockchain Technology

What is AFRICUNIA ?

AFRICUNIA is introducing an innovative banking model that allows the use of digital currency without hurdles, risks and technical barriers linked with owning, transferring, and trading in cryptocurrencies and tokens. Open exclusively for investment during ICO, AFRICUNIA is a third generation closed-end fund that uses the AFRICUNIA Blockchain Technology to create a bank-2-bank and peer-to-peer cryptocurrency called AFCASH.

Introduction

If only everyone could understand everyone in the world, there would not be any war. The results of the human understanding and ingenuity are visible from the kinds of institutions it creates to support the growth and development of civilization. The stagnation of the development in the traditional financial institutions is one of the major concern for the people across the world. They believe that the time for the change has come. The new era of a digital economy based on the latest technology and innovation has arrived to kickstart the next generation of banking and financial services.

VISION
For the new standard of tokenized investment platforms that will help to bridge the gap between the fiat and the crypto universes.

MISSION
To become the industry standard and a one stop shop for setting up tokenized funds, regardless of whether these funds invest in the fiat or crypto universe. We intend to bridge the gap between these two worlds while taking the advantages of both worlds.
To stay within the limits of conventional banking, we will use the API (Authorized Payment Agent) because it uses the appropriate service and innovation standards.
The basis of AFRICUNIA BANK is capital invested increasing in accordance to the customer development in turn maximizing profit return. Also, as far as our technology security is concerned our network architecture is decentralized. Therefore, data storage, cryptograph encryption and security mechanism for identification, authentication and authorization of individuals or companies are connected by instruments. Nevertheless, processing of data is automated by means of applied AI algorithms.

Solution offered

AFRICUNIA has understood the current challenges of the economy and it is introducing a new kind of bank which operates on the digital currency based on the blockchain technology. They are trying to bridge the gap between the traditional banking and the digital currency. Creating solutions for the banks to invest in the right cryptocurrency is one of the core missions of the platform. They have presented many features of their platform and a few of them are mentioned below.

• 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 CRYPTOCURRENCY INFRASTRUCTURE

It is a fact that the Blockchain Technology facilitates fast and low-cost
transactions that are not controlled by any centralized source. While
the economic gains of the current Blockchain Technology are without
doubt indisputable, there are still challenges that must be addressed.

At best, these hurdles can be looked at from three perspectives:
correctness, consensus, and utility.

a) Correctness
The distributed system should be able to differentiate between a valid and
a fraudulent transaction. In the conventional fiduciary settings, this work
should be done by institutions and cryptographic signatures that
guarantee that a transaction is indeed coming from the institution that it
is claiming to be coming from. However, in the decentralized systems,
there is no such trust, as the identity of all the members in the network are
anonymous.

b) Consensus
Consensus helps to achieve a single global truth in the face of a
distributed accounting system. For instance, a malicious user can make
two concurrent transactions with only enough funds in their account to
cover each transaction individually, but not both together. In such a
case, the transaction will be valid, but the whole network is not aware
of both transactions.

c) Utility
By utility, we mean the usefulness of the distributed payment system,
which in most cases, simplifies to the latency of the network. For instance,
a decentralized system that is both correct and in consensus but which
takes one year to process the transaction is of course not useful. At best, a
high utility system that incorporates levels of computing power to offer
correctness and consensus.

Getting Started Development

Africunia is developed by an experienced and professional team, who sees a good opportunity in Blockchain technology and directly implements it into a banking service. Africunia creates an ecosystem, where users can directly transact using cryptocurrency without the need to know or deal with the bureaucracy that usually makes it difficult for users. Africunia is registered under the United Kingdom license, under the name AFRICUNIA LIMITED, which provides global banking and financial services. Africunia brings a safe and transparent investment solution for users. In addition, Africunia also allows users to transact quickly and more lightly in transaction costs. Any activity or transaction performed by the user will be secured with P2P networks and multi-layer networks.

In Conclusion

Africunia believes that with a solid and reliable team and system, Africunia can provide Users, a secure and powerful banking and financial services, and provide users with a variety of advantages and conveniences that can enhance their experience in using cryptocurrency in everyday life. Team Africunia also believes that with systematic and professional development, Team Africunia can build a better platform than similar platforms.

THE ICO STRUCTURE

AFRICUNIA BANK will manage the AFCASH Cryptocurrency
(AFCASH). Being a tokenized investment, AFRICANIA BANK will
issue tokens through an ICO for each fund. To invest in the firm, the
shareholders will be required to buy the AFCASH tokens during the
ICO. The AFCASH pre-order will open on 1st December 2017 and run up
to 31st December 2017. We are targeting creating 100 Million AFCASHs.

AFCASH's ICO will begin on 1st January 2018 and run for 3 months up
to 31st March 2018. After the ICO is over the tokens can be withdrawn
from the ICO platform and participants will have exclusive rights
to the company's revenue, and you can begin to receive an immediate
income stream from the first fund that will be created on the
AFRICUNIA platform.

HOW TO PARTICIPATE IN THE ICO
We will allow participants to invest
methods:

• Direct Credit or Debit card purchase that will be availed on the
website.

• Using the NAIRA, USD, EURO, and POUNDS STERING fiat
currencies using Debit / Credit Cards and SWIFT transfers.

• Direct purchase on our website platform using the following
cryptocurrencies:
BITCOIN
(BTC)
ETHEREREUM
(ETH)
RIPPLE
(XRP)
LITECOIN
(LTC)
DASH
(DASH)
$ € £ ₦
DOGECOIN

Here is how the tokens will be divided:

• The public contributors will be allocated 50% of the AFCASHs.

• The company reserve will be assigned 30% of the AFCASHs. The
reserve will form part of the company's source income after the
distribution
period and will be allocated on a partial basis among the direct
contributors and the core team of the business where necessary.

The remaining 20% ​​of the AFCASHs will be allocated to the
Founding Africunia Members and its advisors, partners, and
campaigners as follows: 15% (Africunia Founders); 3% (Advisors &
Partners); 2%
(Campaigners). These funds would not be immediately tradable in
order to continue motivating the core team after the distribution
period.

TOKEN SALES - JOIN OPPORTUNITY

With this opportunity, We invite you to enlarge this Platform, to reach the Broader Society. We will release the Token under the name "AFCASH Token", here is the data.

Token Details
Coin Symbol : AFCASH
Token Total Supply : 500.000.000
Total ICO Supply : 500.000.000
Circulating Supply : 500.000.000
Token Price : 1 AFCASH = $0.10 USD
Unsold : All unsold token will be revoked and burnt

Token Distribution

The team believes that power of technology can bring real change in the traditional economy and with the help of a strong foundation, they can achieve their goal.

ROADTOMAP

OUR TEAM

Conclusion

Traditional institutions have been performing at their best but given the current development of the technology, it seems impossible that they will be able to reach the finish line without any help from the technology. In fact, there is no any endpoint, the process is a continuous exercise which must be carried on with time otherwise the future of the humanity will be at risk. Cryptocurrency is the answer for the alternative of the current payment system.

They are creating solutions for the mainstream adoption of the cryptocurrency and given the nature of the job it requires experience and skill to complete the task. People need affordable services which are secure and trustworthy. Blockchain technology can create a decentralised network of the financial entity that will generate the secure and future-ready applications.

For more detailed information, you can visit our as follows :

Website : https://africunia.com/
Facebook : https://www.facebook.com/africunia
Twitter : https://www.twitter.com/africunia
Linked : https://www.linkedin.com/company/africunia-bank
Telegram : https://t.me/africunia
Slack : https://africuniabank.slack.com
Medium : https://medium.com/@africunia
Instagram : https://www.instagram.com/africunia
Youtube : https://youtu.be/M5jXt16hBU

profile: https://bitcointalk.org/index.php?action=profile;u=2005736;sa=summary

ETH: 0x37B6953a3D9c40D5e40Dfc7DA2B8A58223b2a583