Afrochain
What is afrochain?
Afrochain is the first block chain for Africa. This is the first step towards creating a free economy for all, the return of the people of Africa and the African community. The entire ecosystem will be built on the Afrochain blockchain. The Afrochain Land Coin is called the Afroai Token (AFR), the right currency to use in the African market in accordance with its vision to provide access to financial services for all. person. Entrepreneurs will be able to build their own project on the main network Afrochain. Afrochain ecosystem will allow users to have access to education, payments, exchanges, transactions and investments, etc.
Why choose Afrochain?
The practice and problems of electronic money in Africa
However, the application of large-scale in Africa is still slow. Perception, education and user experience are some of the reasons for losing time. Switzerland and Singapore are successful countries with strong currencies, and therefore they have nothing to lose by accepting Fintech and electronic money. Countries with high inflation and control currency funds seem paranoid about the growth of electronic money. However, like the Internet, it is difficult to prohibit and / or control.
Afrochain encryption technology (AFR) enables consumers
and manufacturers in all industries with an independent decentralized banking solution.
and manufacturers in all industries with an independent decentralized banking solution.
Advantages of consumers:
decentralization
Servers are hierarchical and distributed on different servers connected to the same network.
Anonymous:
With Afrochain (AFR) you do not need to provide your personal information or credit card information. This protects your privacy from future government legal ideas and makes theft of personal data almost impossible.
security
Afrochain (AFR) is protected by next-generation cryptography - beyond existing military standards. This ensures that no one, including government entities, can unilaterally transfer your money.
transparent
Anyone can view the Blockchain AFROCHAIN transaction history here in Etherscan Block Explorer.
incentives
AFROCHAIN, thanks to its national currency Afrochain Token (AFR), creates a global, distributed, reliable and reliable solution that will work smoothly with mobile money portals on Ethereum-based technologies. smart co.
System reliability and worldwide reputation
The Afrochain Encryption System (AFR) is designed so that whenever a transaction is made, a system that is a block chain will record aspects of the transaction, including time, guarantees, delivery time, and other information necessary to protect the integrity and reliability of the system. For this, confidential information will be available only to authorized users in the developed user interface. Based on these events, customers and merchants will be able to register, resolve complaints and evaluate each other, etc. When a transaction occurs, the requirement is recorded, resolved / not allowed. Based on the purchase data recorded at the time of purchase. The smart contract will automatically change the level of trust for each participating party.
Payment solution through the mobile portal
With the help of Ethereum Blockchain you can make one step and one payment, resulting in a fee for an economic fee. After integration with AFROCHAIN, sellers will be able to: - Use our reliable and reputable delivery system. Accept Ethereum based token. Accept mobile payments. Exchange electronic money with their local currency.
To allow African economies to become
blocking technologies, the Afrochain platform allows vendors to implement the global economy. It also provides a platform for merchants to access the growing economy of digital assets through our payment solution. Thanks to the growing demand for blockchain technology, the Afrochain Token (AFR) will become the launching pad for an easy technological chain that can be easily integrated into both the private and public economies in Africa.
blocking technologies, the Afrochain platform allows vendors to implement the global economy. It also provides a platform for merchants to access the growing economy of digital assets through our payment solution. Thanks to the growing demand for blockchain technology, the Afrochain Token (AFR) will become the launching pad for an easy technological chain that can be easily integrated into both the private and public economies in Africa.
Mobile payments: there have been significant changes in mobile payments
According to Mobile Payments World, by the end of 2020, it is expected that users of US mobile devices will reach 150 million - 56% of the total number of consumers at that time. According to a study by Juniper Research, in 2016, American consumers purchased 47.6 billion dollars of physical goods through remote mobile payments. These numbers represent countries using appropriate digital infrastructure and currency stability. However, the same cannot happen for billions of people living in countries that do not use such infrastructure and where monetary stability is a problem, such as South Sudan, Zimbabwe, Nigeria, Mali, Uganda and Cameroon and many other African countries.
How can the e-commerce industry get around these issues and get one?
Access to this untapped potential?
Access to this untapped potential?
The technology is available, which can lead to financial integration, a change in habits and generate a dynamic exchange of transactions. What's new? We believe that blockchain technology and e-money can get some if not all. Although many options exist in the electronic money market space, we simplify the overall experience from the point of view of both buyers and sellers. Most online shoppers will be familiar with the interface and intuitive. Ethereum AfeWallet e-wallet will be integrated into the deposit system managed independently as a distribution platform for all lists stored on chains. AfroWallet never go offline and not a single point of failure. Integration of third-party applications will be added in time, in order to create a formal ecosystem,
More details:
Website: https://afrochain.co
Whitepaper: https://afrochain.co/AFROCHAIN_WHITEPAPER.pdf
Twitter: https://twitter.com/afrochain_afr
Telegram: https://telegram.me/afrochannel
Author by: thomas_sugiarto
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