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BanQu Launches Trailblazing Partnership with Anheuser-Busch InBev to Revolutionise Supply Chain Transparency in Zambia

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BanQu ABInBev

MINNEAPOLISAug. 29, 2018 /PRNewswire/ — BanQu has developed the first-ever, blockchain economic-identity technology solution that enables a secure, immutable platform and creates economic opportunities for small-scale farmers in Africa. Leading brands looking to improve supply chain management, and enhance ROI through asset provenance, have leaped at the company’s for-profit/for-purpose blockchain-as-a-service software.

In June 2018, BanQu piloted a new partnership with the world’s leading brewer, Anheuser-Busch InBev, working to connect 2,000 Zambian farmers to the mobile platform as they harvest and sell a projected 2,000 tonnes of cassava, producing a high-quality starch used in beer—by the end of Zambia‘s growing season in August.

BanQuAccording to the World Health Organization about a quarter of all alcoholic beverage consumption globally is unrecorded. With supply chain traceability and transparency, BanQu provides Anheuser-Busch InBev’s local business, Zambian Breweries, with the ability to track its product every step of the way through built-in geo-location tags on all transactions along with farmer identity profiles. As products like the cassava crop move from one step to the next in the supply chain, from the farmer at the source to local businesses, aggregated buyers and retailers at the top, BanQu facilitates a record of sale etched on the immutable, decentralized ledger that is the blockchain.

Zambian Breweries Agricultural Manager Chris Nicolle commented: “This is one of the most exciting programs to be involved with.  The scope and empowerment that the platform provides to the Small Holder is exceptional and I look forward to seeing the implementation of the project, from pilot to our full-time buying platform.”

The same BanQu technology also creates economic opportunities for the world’s poorest, including refugees and the displaced. The platform gives these “unbanked” or “underbanked” people a free, secure, online profile that provides a recognizable economic identity.  In just a number of minutes, unbanked mobile users set up a personal digital identification profile that connects to their banked network, including family, friends, small businesses, and associated NGOs. As they start accumulating transaction histories on the BanQu blockchain, the world’s unbanked also develop a traceable, vetted financial and personal history.

“Since 60% of the 2.7 billion unbanked and underbanked people already own mobile phones, these devices make the best platform for these people to connect to the global economy,” said BanQu Founder and CEO Ashish Gadnis. “BanQu is enabling the democratization of data, money, and eventually power, while delivering a distinct business advantage to global brands like Anheuser-Busch InBev and their localized company, Zambian Breweries, who believe in an inclusive agricultural model. Our goal is to strengthen this partnership across multiple crops and countries setting up a long-term, sustainable and responsible supply chain that directly benefits the small-scale farmers in the world.”

BanQuThe BanQu Platform core includes features such as a universal design that works on any device—from the oldest to newest cell phones. The platform is 100-percent translatable by supporting any language in the world, and it is fully configurable to global brands, micro, small and medium-sized enterprises (SMEs), government and philanthropic organizations, as well as financial services (KYC/AML). The platform provides 24/7 free access to all consumers for every imaginable use case, from remote purchasing to cash disbursements. Lastly, as the platform is not tied to a cryptocurrency, the speed and security of transactions won’t be impacted by the volatility of Bitcoin or any other cryptocurrency.

BanQu was founded in 2016 and has connected over 15,000 last-mile farmers, displaced and refugees to the platform across eight countries. The company aims to help lift 100-million people out of extreme poverty through the use of blockchain technology by the year 2028.

About AB InBev in Zambia

Zambian Breweries Plc is part of Anheuser-Busch InBev (AB InBev), the leading brewer, with more than 500 beer brands and approximately 180,000 employees based in nearly 50 countries worldwide.

Zambian Breweries was established in Zambia in 1968 and its product range has grown to include clear beers such as Mosi Lager, Castle, Carling Black Label and Eagle lager.

SOURCE BanQu, Inc

Related Links

http://www.banquapp.com

*Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io 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 this press release.*

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Dash Donates 1,000 books to Campus BCAT

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Dash Donates

Lagos, February 24, 2020Dash, the top digital currency for payments and local adoption through ​Dash Nigeria, today announced the launch of a ‘Digital Cash Awareness Drive’ inclusive of distributing over 10,000 copies of ‘Digital is the Cash’ book across Nigeria, Ghana, Cameroon & Haiti in English and French languages.

1,000 copies will be donated to the ​Campus BCAT​, a project of ​CryptoTVplus​, to be distributed across 30 university libraries, BCAT clubs, & tertiary institutions in Nigeria.

Nathaniel Luz, Lead of Dash Nigeria, says this is in a bid to promote the knowledge and understanding of Digital Cash, in the barest non-technical terms possible to the mass of people. He said this is the third phase of the campaign with the previous two (2) producing ​Digital Cash academy​ in text and ​Pidgin English videos​.

Digital is the CashThe ​book​ tells the history of money, the global financial system and its failings, fintech applications, blockchain, and the need for digital cash. It teaches Digital Cash in an easy-to-understand way while portraying the advantages over the legacy financial system.

According to Tosin Miracy, Director of the Digital Cash Awareness Drive, the campaign is positioned to give proper awareness and education of digital currencies to the public and correct some false notions that have earlier prevailed.

“We’ll focus on regulators, financial institutions, student clubs, tertiary institutions and libraries that are accessible to the public. It’s our belief that by donating 10,000 copies worth $100,000 across 4 countries and 2 languages, we’ll increase the reception of individuals and organisations towards digital currencies”.

Miracy also stated that translation of the book into French is ongoing with plans to translate the book into Spanish other languages in order to reach more nations of the world.

Applications for free copies of ‘Digital is the Cash’ book can be made ​here​.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io 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 this press release.

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Blockchain Africa Conference 2020 Announces Binance as a Premier Sponsor

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Binance Sponsor

Bitcoin Events is pleased to announce Binance as Premier Sponsor of the Blockchain Africa Conference 2020

Binance, the world’s largest crypto exchange by daily trading volume, is expanding its operations in Africa and is a proud sponsor of the Blockchain Africa Conference 2020. Binance was founded by CEO Changpeng Zhao (CZ) in 2017 and is now the top global trading platform for over 100 cryptocurrencies.

At the Blockchain Africa Conference 2020, Binance will detail its expansion efforts into South Africa as well as its projects and initiatives with the Binance Charity Foundation.

“Binance is proud to be open for business in South Africa, which is one of the most exciting markets for crypto,” CZ said.

BinanceThe company’s first expansion on the African continent was in Uganda in 2018 when it opened the first fiat-crypto exchange with trading pairs with the Ugandan Shilling. Binance also partnered with a global payment technology company allowing Nigerians to purchase BTC, BUSD, BNB with Naira (NGN) with debit and credit cards.

“Binance is dedicated to increasing the freedom of money and the advancement of blockchain technology. The African continent is a major part of this mission – where millions are unbanked but remain innovative in their use of technology. The Blockchain Africa conference is leading conversations around cryptocurrency and blockchain technology in Africa and Binance is keen to communicate with key industry stakeholders and thought leaders in Africa to jointly promote technology evolution in this new era across the continent,” he added.

See You at the Blockchain Africa Conference 2020 in Johannesburg!

<< REGISTER NOW for the Blockchain Africa Conference 2020 >>

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io 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 this press release.

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Terrabit Enables Web Staking for CREDIT Token Holders

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TerraBit

JOHANNESBURG, South Africa, Feb. 15, 2020 — Leading South African blockchain company Terrabit has announced the launch of web staking for its digital currency credit (CREDIT) to enable anyone with an internet connection to earn staking rewards.

TerraBit

Terrabit is a South African cryptocurrency exchange that offers fiat-to-crypto services in five African countries. The trading platform features all major coins and pays 100% of fees to users through referral. At Terrabit’s core, it offers users a decentralised digital payment solution and a hybrid PoW/PoS blockchain, CREDIT.

Terrabit provides CREDIT holders with a range of exchange options, zero transaction fees, and fast payments. Additionally, the company provides a staking platform and wallet, MiniPOS, which offers the most straightforward and rewarding CREDIT “mining” solution available on any digital device.

Now, CREDIT holders can also stake their tokens online to earn up to 100% staking reward per annum via Terrabit simple-and-easy-to-use web staking platform. This enables anyone with an internet connection to earn staking rewards when holding CREDIT.

CREDIT web staking features include:

  • Web-based CREDIT staking up to 100% per year
  • Profit is paid hourly
  • No lock-in period
  • 5 level referral
  • Easy-to-use

Daniele Marco Ronchese, founder of TerraBit and creator of CREDIT, said: “We are delighted to introduce web staking as a service to CREDIT holders as a new and convenient way to earn staking rewards.”

“Cryptocurrency staking has traditionally involved a complicated technical setup that has acted as a barrier to entry for the average investor. With our new web staking offering, we can empower all digital currency investors – big and small – to start earning staking rewards simply by holding their tokens on our secure online platform.”

To learn more about Terrabit, CREDIT and web staking, visit www.terra-bit.io.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io 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 this press release.

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