AFROCHAIN – The First Decentralized Blockchain for Africa

INTRODUCTION

A blast has knocked the investment market which we are not going to overcome of. Crypto investment is that blast. While Bitcoin acquired by many has gained legitimacy among millions together with Ethereum, It is centralized and seems to offer a one-dimensional approach to cryptocurrency market but not rendering a comprehensive solution to the widespread problems that blockchains and cryptocurrencies face. Cryptocurrency has been able to present a comfortable to use the digital option to fiat currencies. Offering frictionless transactions and inflation control, investors have been reasonable enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not factor a systemic risk. Cryptocurrency, also known as digital assets, trading is the buying, selling or holding of cryptocurrencies such a Bitcoin (XBT), Ethereum (ETH), Litecoin (LTC) amongst others, with the aim of generating a profit from short, medium or long term fluctuations in their prices.

Even though Africa has not come as close to embracing blockchain technology as Asia, Europe or North American, blockchain communities in South Africa, Sudan, Nigeria, Kenya, as well as other countries are steadily growing.

The lack of some solid economic infrastructure, paired with undeveloped sectors of society makes Africa an intriguing market for blockchain to enter into. Still thanks to the ever-growing popularity of smartphones, for instance, the continent has seen technological innovation that has boosted its development. The premise is that blockchain can do so too.

With this, AFROCHAIN 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.

What exactly is 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.

The Afrochain Token (AFR) system is designed in such a way that whenever a transaction is made, the system, that is, the blockchain, will record aspects of the transaction including time, receiving and sending wallet addresses, warranty, conditions, delivery time and such other required information to safeguard the integrity and trust of the system. To achieve this, confidential information will only be available to authorized users in a designed user interface.

The Vision of AFRROCHAIN Blockchain Technology

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 IN BLOCKCHAIN WORLD

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.

● Anonymous:

With Afrochain (AFR), you don’t have to provide your personal

information or credit card info. This secures your privacy rights

against the legal whims of future administrations and makes

identity theft virtually impossible.

● Secured:

Afrochain (AFR) is protected by next generation cryptography – beyond

current military standards. This ensures that no one, including state

actors, can unilaterally transfer your funds.

● Transparent

Everyone can view the transaction history on the AFROCHAIN

Blockchain here on the Etherscan Block Explorer .

Token Details

Name AFROCHAIN

Symbol AFR

Max Supply 75,000,000 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)

Target Price December/2018 $ 10 /AFR

Project protocol: ERC20 ETHEREUM Platform

Token Distribution

10% Available for Pre-sale

25% ICO Public Sales

15% Retained for Team & Developer

25% Reserved for Future Development

25 %Reserved for Marketing Bounties

The Ecosystem

AfroPay

Afro-DEX

AfroStaking

AfroBank

AfroMarketPlace

AfroNetwork

AfroEducation

AfroEntertainment

AfroSmart Land

AfroPay

AfroPay is a unique payment solution for without difficulty getting access to and transferring budget electronically.Accessible from any area inside the world, the world-wide charge community,proprietary payment platform and global charge answer ensures payees that they get hold of their funds in a timely and price-effective manner.

AfroPay is a trusted payments technology and a carrier issuer to top-tier companies across multiple industries.Payees enjoy the advantages of quick receiving their funds and the capability to pick fee methods which can be maximum handy for them, which include neighborhood bank direct deposit, branded pay as you go cards and greater.Zero Transaction Fees,Decentralized blockchain technology makes zero price transactions possible with an option for together with a mining charge to finish your transaction at a prioritized pace.

AfroDEX

AfroDEX is a Decentralized Exchange. AfroDEX Using decentralized “0X-Protocol ” You can Exchange any ERC20 Token with AfroDEX Decentralized Exchange.

The Advantages

Mobile Payments

Pay with the comfort and convenience of a dedicated mobile wallet, the AfroWallet.

Borderless Payments

Afrochain (AFR) uses decentralized technology, meaning that there is no difference in fees or limits. Whether you are supplying to the distributor next door or on another continent, your transactions cannot be censored and will complete near instantaneously.

No Compliance Required

Receiving credit card payments online, especially in evolving legal environment like the marijuana industry, can be an insurmountable hurdle for small local businesses. With Afrocoin (AFR), there are no PCI standard or any other compliance requirements.

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.

Protection Against Fraud and Chargebacks

Unlike PayPal or other popular methods of online payment, Afrochain (AFR) is immutable by design and transactions are final and irreversible. By eliminating the business cost of chargeback fraud, your lean operation can focus on being more competitive.

Token Sale and ICO Details

Roadmap

Contact: admin@afrochain.co

Website: https://afrochain.co/

Afrochain Slinde: https://afrochain.co/AFROCHAIN_SLIDE.pdf

Whitepaper: https://afrochain.co/AFROCHAIN_WHITEPAPER.pdf

Medium: https://medium.com/@afrochain.dev/afrochain-private-sale-ae8544d0e166

GitHub: https://github.com/afrochain

Author : walesodiya

BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2160355

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