Connect with us

Press Releases

Can this Crypto Solve the Mass Adoption Problem?



The Divi Project

Yes, there’s a lot of hype in the Crypto world these days, and yes maybe there’s a bubble. Many projects that are very well funded today will fail but make no mistake, a revolution is coming.

If you think the explosion of growth that has happened in places like China over the last 20 years was impressive, just wait until the billions of people who are still effectively locked out of the world economy come online.

Thirty-nine percent of the world’s population doesn’t have a bank account. At least two billion people don’t even have a record of their birth. But this dearth of identity is about to change in a big way. That’s because the infrastructure for it to happen is finally nearly in place.

Internet access in the form of global wifi and very affordable computing power (smartphones) combined with the final piece of the puzzle, blockchain technology, is about to bring billions of people into the world economy like never before.

Blockchain still has a reputation for being the anonymity enabler but it’s actually its ability to give people an identity that will allow these new entrants into the global economy.

Here’s where the Divi Project is onto something.

Divi is building a marketplace platform that will finally allow people to bootstrap their own financial inclusion and capitalize on their desire to create and contribute.

It’s a space where users can create an identity and through attestations from the community, attach a reputation to that identity so that there’s the trust needed to facilitate the buying and selling of products and services globally.

On one level, it’s a marketplace like Amazon. But unlike Amazon, this marketplace will be open to everyone because it’s decentralized.

A carefully designed blockchain project – by its nature – will beat a typical centralized marketplace like Amazon in terms of security, transparency, speed of settlement, and ability to scale globally. The Divi project checks all of these boxes. But so do a lot of other blockchain projects.

So what sets Divi apart? It starts with usability.

There are already hundreds of millions of dollars worth of lost crypto out there. Even veteran crypto users are forced to double, triple, and quadruple check every transaction: Is the string of characters perfectly copied? Is it going into a wallet that can actually receive it?

For newcomers, the most common word used to describe a first crypto transaction is “terrifying.” And don’t forget: today’s crypto “newbies” are still early adopters in the grand scheme of what is coming. If these relatively tech-capable early adopters are describing their experience as terrifying, what about the billions who haven’t even heard of blockchain?

To attract them, if we’re being honest, the word “blockchain” is irrelevant. These people will be attracted to the service only if it works better than that what they are already using.

The marketplace that succeeds in drawing mass adoption, therefore, needs to have a far better user experience than today’s typical blockchain projects. In fact, it should have at least as good a user experience as Amazon.

Divi is the first project to really focus on things like (finally) usable wallets.

According to Tim Sanders, former Chief Solutions Officer of Yahoo, who recently joined the Divi Team, “Apple brought design acumen and appliance-level ease of use to the personal computing world. Similarly, Divi’s team is taking a design approach to take the complexity and fear out of cryptocurrency. They’ve demonstrated the ability to not only dream big but to execute the plan. Those are the two ingredients I look for when getting involved in a company.”

Users of the Divi network will be able to customize their wallets in new ways. This means instead of their wallet name being an impossible to remember (and easily mistaken) string of numbers and characters, it can be something recognizable like a username or an email address. Users can also attach their photo or logo to their wallet so customers sending them funds will have the extra reassurance that they are actually sending funds to the right wallet. Anonymity can, of course, be retained for those who wish, but most businesses will not want to be anonymous. Businesses are, after all, built upon reputation.

Divi has clearly thought through the game theoretic incentives that are required for a tokenized platform to succeed. This includes things like affordable tiered master nodes (allows speedy decentralization), the ability to stake tokens (encourages growth) and lottery style reward blocks (builds excitement and loyalty).

The platform design is also fertile ground for the network effects that will allow rapid marketplace growth through a bounty system for early adopters and a social component.

Crucially, the Divi Project is one of the few in the crypto world to have a strong focus on bringing women into the space. Their team includes top New York publicist Heidi Krupp, on their advisory board Co-Founder of CoinTelegraph Toni Lane Casserly, as well as other female entrepreneurs and social media experts.

Divi will probably not topple Amazon, but it doesn’t need to. All it needs is a slice of the billions of people, and trillions of dollars, who are about to enter the global digital economy, and it looks like it’s on the right track to do so.

By Graham Stone

“This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company, product or service. Bitcoin Africa Ltd. is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in the press release.”

Continue Reading

Press Releases

The Blockchain Africa Conference 2018 attracts big-name sponsors



Conference organisers Bitcoin Events

Conference organisers Bitcoin Events are thrilled to announce Microsoft South Africa and IBM as the main sponsors and partners of the Blockchain Africa Conference 2018.

Both Microsoft South Africa and IBM have been working with blockchain technology and are bringing this technology to companies and governments with their innovative solutions.

Microsoft has developed Microsoft Azure, a blockchain as a service platform. It’s a quick, inexpensive and fail-fast platform where any company (including start-ups, retailers, healthcare providers and global banks) can collaborate and experiment with new business processes that use blockchain technology.

IBM Blockchain Platform provides support for governments and banking, healthcare and logistics industries to transform their business practices using blockchain technology. The platform is designed to accelerate the development, governance and operation of any multi-institution business network.

Other Blockchain Africa Conference 2018 sponsors are:

  • Telcoin
  • BankservAfrica
  • Aion
  • Centbee
  • Dimension Data

Read more about our sponsors here.

The conference

The 4th annual Blockchain Africa Conference 2018 takes place at Microsoft South Africa in Bryanston, Johannesburg on 8-9 March.

The conference will focus on blockchain technology and cryptocurrency use cases, the regulatory environment, technology challenges, and opportunities in innovation and disruption. A lot of these opportunities lie on the African continent where a huge need for financial inclusion exists.

For more information about the conference or to buy tickets, visit or email 

Continue Reading

Press Releases

Bitcoin Battle: Weiss Responds to Industry Outrage about C+ Grade; Reveals Factors and Data Behind Rating



Weiss Ratings

PALM BEACH GARDENS, FL — In the midst of a heated controversy over its C+ grade for Bitcoin, Weiss Ratings responds today to industry outrage with a 14-page report revealing key factors and data behind its rating.

One industry leader tweeted: “Any rating that doesn’t give Bitcoin an A has some screws loose.” Others said the Bitcoin’s C+ is “laughable.”

“For investors,” responds Weiss Ratings founder Martin D. Weiss, PhD, “an A rated crypto would be one that rarely crashes, and right now, there’s no such thing. But we do understand where developers are coming from. They tell us they don’t care about market fluctuations. They feel our ratings should reflect strictly the quality of their work and its relative success in the real world.”

Aiming to address both audiences, the Weiss model combines four sub-models: Risk and Reward, adapted from its stock and ETF ratings, plus Fundamentals and Technology, which are unique to cryptocurrencies. Here’s how Bitcoin performs on each:

Risk and Reward. Bitcoin investors have recently made less than altcoin investors, while continuing to experience the risk of extreme volatility.

Fundamentals. Due credit is given for adoption and security, but Bitcoin loses points on network congestion with just four transaction per second and high fees of about $10 per transaction. In addition, the top five miners control some 70% of total hashpower, also a negative.

Technology. Bitcoin lacks the governance needed for prompt upgrades and is falling behind in a rapidly evolving industry.

Another industry criticism is that Weiss overweights price volatility. “Not so,” he says. “Our model accurately reflects an inconvenient truth about the market’s extreme swings. But our ratings are continually updated. If prices stabilize or speed enhancements are rolled out successfully, an upgrade is possible.”

The Weiss Ratings report, “Bitcoin Rating Controversy: Why We Give It a C+,” is now available online. Those wishing to subscribe can visit this page.

Continue Reading

Press Releases

VALID Announces Successful Completion of its Token Presale in Less Than a Day




Zurich, 1st February 2018

Swiss digital identity and personal data management platform VALID has successfully completed its token presale. The presale offered selected early supporters and particularly dedicated backers of VALID’s vision the opportunity to purchase up to 160m VALID tokens at favourable conditions. In spite of the bleeding crypto markets the VALID project was able to raise 7,000,000 US Dollars equivalent in Ether, Bitcoin and Fiat via credit card in an exclusive presale for its early supporters.

Because the interest in the presale clearly exceeded the allocated number of tokens, VALID was unable to meet the entire demand. To give everyone interested in supporting the project an additional chance to purchase tokens at attractive conditions, a 25% discount will apply to the first 20m tokens sold at the beginning of the crowd sale, which starts on 24 February at 12:00 noon UTC.

Once these first 20m tokens are sold, VALID will offer a 20% discount on all tokens purchased during the first 24 hours of the crowd sale to make sure there will be plenty of opportunity for the community to participate. Following these first 24 hours, staggered discounts will apply as per the token sale details described in the VALID whitepaper.

VALID CFO Yves-Alain Petitjean said: “We’re thrilled by the overwhelming support we’ve received for our vision at this early stage of the token sale. We have established a constructive and highly engaged dialogue with our community, and the feedback we’re receiving clearly tells us we’re moving in the right direction. The whole team is now looking forward to kicking off our crowd sale on 24 February.”

The presale was very well received by the community thanks to its smooth and well-thought-through user experience.

Further information

Information about VALID’s upcoming crowd sale

VALID website

VALID whitepaper

* * *

About VALID and Procivis

VALID is a project of Procivis AG, a Swiss venture founded in autumn 2016 by blockchain entrepreneur Daniel Gasteiger. The company offers an “e-government as a service” platform to enable the digitisation of societies and the provision of online public services across the globe. Procivis has implemented the pilot version of its eID+ platform together with the Swiss Canton of Schaffhausen in December 2017 and launched VALID to establish a blockchain-based personal data management platform.


*This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company, product or service. Bitcoin Africa Ltd. is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in the press release.*

Continue Reading

Popular Posts