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Abra Now Enables Bank Accounts Across Europe To Buy And Sell Cryptocurrencies

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Image by Abra

SAN FRANCISCOSept. 4, 2018 /PRNewswire/ — Abra, the first and only all-in-one cryptocurrency wallet and exchange, today announced its support for Single Euro Payment Area (SEPA) bank accounts. With today’s announcement, European users can now initiate direct transfers from European banks, offering one more point of entry into the growing sector of cryptocurrency investing.

“With users from over 70 countries globally, and a greater demand for the ability to invest in cryptocurrencies from any bank account, it is really important to give investors the opportunity to fund their Abra wallet directly from any bank account,” said Bill Barhydt, founder and CEO of Abra. “This new feature is helping to change the way people invest, adding to a brighter future for the cryptocurrency market around the world.”

The new functionality enables every user in Europe the ability to fund their Abra wallet using their European bank account and then use the funds to invest in any of the 28 cryptocurrencies supported on Abra.

“As we continue to expand our capabilities, we are by constantly looking for efficient and secure on-ramps that will enable our users to easily invest in cryptocurrencies,” says Barhydt. “Ease, efficiency and effectiveness are paramount for us in helping our clients invest.”

Previously, Abra wallets were funded using bank and wire transfers in the United States as well as via American Express, Visa and MasterCard debit and credit cards around the world. Officially, Abra’s European bank transfers will occur using the SEPA guidelines. Under SEPA, several European member countries will also be eligible to deposit national fiat currency in addition to Euros.The SEPA area includes the 28 members of the European Union, as well as four members of the European Free Trade Association (AustriaGermanyNetherlandsBelgiumGreecePolandBulgariaHungaryPortugalCyprusIrelandRomaniaCzech RepublicItaly, Slovak Republic, DenmarkLatviaSloveniaEstoniaLithuaniaSpainFinlandLuxembourgSwedenFranceMaltaUnited Kingdom and CroatiaIceland , Monaco , SwitzerlandLiechtensteinNorwaySan Marino).

The Abra wallet is unique because it is non-custodial where cryptocurrencies and the wallet’s private key are held directly by the user. The Abra model is 100% peer-to-peer, with no middleman ever holding, managing or touching the users funds at any point in any transaction.

Once European users have transferred money to Abra they will receive the bitcoin into their Abra wallet where it can be securely stored, exchanged for 28 other “altcoins,” or converted back to their currency and re-deposited back into the Abra user’s Europe-based bank.

Along with the news of its support for SEPA, Abra has announced the addition of three new coins. Cardano (ADA), Basic Attention Token (BAT) and Tron (TRX) will be available in the Abra app in addition to Bitcoin [BTC], Bitcoin Cash [BCH], Dash [DASH], Dogecoin [DOGE], Ethereum [ETH], Ethereum Classic [ETC], Golem [GNT], Litecoin [LTC], OmiseGO [OMG], Qtum [QTUM], Ripple [XRP], Vertcoin [VTC] Zcash [ZEC], Bitcoin Gold [BTG], Stellar Lumens [XLM], DigiByte [DGB], Augur [REP], Status [SNT], Stratis [STRAT], 0x [ZRX], Monero [XMR], NEM [XEM], NEO [NEO], Lisk [LSK] and Verge [XVG].

In addition to the new coins released, beginning over the next several days users will  also have the ability to fund their Abra wallet using Bitcoin Cash (BCH). This would come in addition to the newly launched SEPA bank transfers and cryptocurrency deposit options already available in the app today.

How Abra works

AbraConsumers can add money to their wallets using a bank account, Visa, Mastercard, American Express card or cryptocurrency including bitcoin, litecoin and bitcoin cash purchased outside Abra from anywhere in the world. They can then invest in any of the 28 cryptocurrencies and 50 fiat currencies offered on the Abra app, quickly, easily and safely. To develop the new wallet and integrated exchange, Abra built a first-of-its-kind platform using stablecoins that facilitates holding both fiat coins as well as cryptocurrencies through a combination of bitcoin and litecoin based smart contracts. This unique multi-sig smart contract based investment platform uses P2SH scripts on the bitcoin and litecoin blockchains that simulate investment contracts the way a gold ETF is a contract based on USD. Abra acts as the counterparty to the P2SH scripts, and the company runs a market-making operation that hedges away its counterparty risk on these contracts.

Because of its stablecoin platform, Abra can quickly add additional cryptocurrencies to the app once they pass the platform’s rigid analysis around liquidity, contract market making, and other factors. Additionally, consumers in any country will eventually be able to invest in other asset classes regardless of where the asset originated. This model can be extended to stocks, bonds, commodities and more with minimal changes to the existing Abra app.

The Abra wallet is unique because it is non-custodial where cryptocurrencies and the wallet’s private key are held directly by the user. The Abra model is 100% peer-to-peer, with no middleman ever holding, managing or touching the funds at any point in any transaction.

About Abra

Abra is the first and only all-in-one global app offering a true crypto exchange and digital wallet in one place – making cryptocurrency investing simple. Abra empowers consumers to buy, store, invest and hold 28 cryptocurrencies and 50 fiat currencies on a single app. Exchanges between multiple cryptocurrencies or fiat are quick, easy, and safe. Plus, with the Abra app, consumers can manage all crypto investments in one screen. Abra was founded in 2014 by Bill Barhydt, a veteran in the cryptocurrency space and an early Netscape employee. Investors include American Express Ventures, First Round Capital, Foxconn Technology Group, Arbor Ventures, Lerer Hippeau, RRE Ventures, Silver8 Capital and others.

Media Contact: Nicole Cueto

Nicole@Agentofchange.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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Black Blockchain Summit 2019 to Gather Global Blockchain Tech Leaders at 2nd Annual DC-Based Conference

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Black Blockchain Summit
Images by Black Blockchain Summit

WASHINGTON, DC August 13, 2019, BillMari, the leading pan-African blockchain company, in partnership with BitHub Africa will host its 2nd Annual Black Blockchain Summit (BBS) from September 9th-10th in Washington, D.C. on the historic Howard University campus.

The theme for this year’s Summit is “Reparations and Revolutions.” The theme marks a crossroads of the global Black community to remediate the past while claiming a stake in a better economic future. Ten years after the release of the Bitcoin White Paper, black cryptocurrency and blockchain innovators are gathering at BBS to examine how blockchain can repair injustices, and revolutionize the globe into a more equitable society.

What is Blockchain?

Blockchain launched with the appearance of Bitcoin as a white paper (technical plan) on October 31, 2008, and later as a working protocol for the transfer of the first cryptocurrency on January 10, 2009. Blockchain is an automated, computer-driven system to transfer value – be that cryptocurrency, votes, ownership deeds, or other valuable data – between peers in a secure and fast manner. Computers in a blockchain can be owned by anyone in the world who downloads and runs the software/protocols for a public blockchain. The fact that all may participate in running blockchain systems reduces corruption and provides new economic opportunities regardless of geography or economic status. Globally, individuals also may construct businesses or business services using these open-source (free-to-use) blockchain protocols.

Why Now?

Black Bockchain SummitThe objective of the 2019 Black Blockchain Summit is to generate innovative and lasting solutions that disrupt our currently unsustainable position within emergent technologies. We seek to bring lasting prosperity and independence via blockchain solutions as envisioned by freedom fighters and liberators in the “Arusha Declaration.

BBS Co-hosts explain why blockchain technology is important. “We believe that through diligent use of technology and harnessing black cultural competency, problems facing Black societies globally can be mitigated in a timely and effective manner,” BillMari Co-Founder and Black Blockchain Summit 2019 Co-Host Sinclair Skinner said.

BitHub Africa Co-Founder and Black Blockchain Summit 2019 Co-Host, John Karanja added, “This year’s Summit will inspire participants on how they can leverage Blockchain technology to address historical and current injustices by developing disruptive solutions to challenges faced by the Global Black community.”

The 2019 Black Blockchain Summit conference agenda is diverse; the speakers will discuss Blockchain technology solutions in a “baraza” (panel format), an interactive debate format using the Swahili language and debate-style, with topics covering real estate, global investments, cross-border payments, law, and the burgeoning cannabis industry among other topics.

Some of the prominent speakers at the summit are:

  • H.E. Dr. Arikana Chihombori-Quao – African Union Ambassador, Washington DC
  • Stacey E. Plaskett – Member of Congress US, House of Representatives
  • Lindsey Parker – Chief Technology Officer, DC Government
  • Lamar Wilson – Head of Vision and Decision, Hijro Network
  • Tone Vays – Content Creator, Derivatives Trader & Consultant
  • Lyn Ulbricht – CEO, Free Ross Ulbricht
  • Reggie Middleton – CEO, Veritaseum
  • Jeff Garzik – Co-Founder, Bloq
  • Isaiah Jackson – Author, Bitcoin and Black America

This interactive 2-day summit unites tech disruptors and leaders in business, engineering, development, and innovation around the globe to discuss the role of blockchain technology in building economic independence, wealth creation, liberation and the transformation of black communities throughout the diaspora.

For more information and updates about the Black Blockchain Summit 2019 visit www.blackblockchainsummit.com or follow @BlkBlockchainDC on Twitter for live updates. See highlights from the 2018 summit here: https://youtu.be/30B6zEcn3pk 

For media inquiries please email, info@BlackBlockchainSummit.com

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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Announcing Abuja Blockchain & Digital Assets Conference 2019

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Abuja Blockchain and Digital Assets Conference

Blockchain-based solutions have the potential to make government operations at different levels more efficient and improve the delivery of public services, while simultaneously increasing trust in the public sector.

For this to happen, education is key — getting the right people at the federal, state and local government levels engaged, excited and educated about the technology. Once the right people understand the promise of blockchain, existing problems that can be better solved through a blockchain-based solution than through the existing technology infrastructure, then we can start retooling government processes.

At the upcoming Abuja Blockchain & Digital Assets Conference 2019, the third edition of these conferences curated by Blockchain Nigeria User Group, a sub-set Organization of Blockchain Technology Users (OBTU), duly registered Incorporated Trust with Nigeria’s CAC, is scheduled to hold from 4–5 October 2019, at Abuja Sheraton Hotels, experts, industry stakeholders, thought leaders and the academia will converge to brainstorm on how blockchain and other emerging technologies of the fourth industrial revolution can be leveraged by the Nigeria government and her agencies for improved public service delivery.

Agenda: The Blockchain Trust-Architecture for Governance and Public Service

It will be a two-day event featuring panel discussion segments, project presentations, training, and workshops.

Register now!

Who is to attend:

  • Policy Makers, Regulators, Lawyers
  • CIOs & IT
  • Crypto-Assets Traders & Managers
  • Enthusiasts, Developers & Solution architects
  • Blockchain platform innovators and providers
  • Civil servants & Government employees thinking about or already experimenting with the technologies
  • Blockchain Practitioners: Those experimenting who want to connect with other practitioners
  • Digital Transformers: Those curious about new technology & how to use it to streamline operations

What we shall be talking about:

  • Governance: how to regulate appropriately without stifling innovation
  • Blockchain Integration with current activities & operations
  • Technology Skills needed along with the Talent to support Blockchain projects
  • Selling the Potential of Blockchain to Senior Management & Non-Techies
  • True Digital Transformation: using new business philosophies and technologies to enable real innovation
  • How those currently in the Blockchain Trenches operate along with challenges and insights
  • Security, Risks and the future possibilities of blockchain technology

Opportunities for Sponsors and Partners

Do you have a Blockchain or 4iR Tech project or products you desire to see spread across Nigeria and Africa, please take this ride. We have a proven track record of curating world-class Blockchain Conferences with International media recognition.

International media organizations such as BBC, CNBC Africa, Channels TV, Cointelegraph, BitcoinAfrica.io, etc., have featured some of our past conferences. If you are planning on expanding your business in Africa, this event offers you an excellent opportunity to meet with decision-makers of various sectors. Network with the local blockchain service providers that have the expertise to help you succeed and gain local insight and offer your solution directly.

Send us a mail for partnerships, speaker or sponsorship opportunities: info@blockchainnigeria.group.

Register now!

Why Abuja?

Blockchain Nigeria GroupAbuja, Nigeria, is the right place for this event because it is the Capital City of Nigeria and Nigeria is the largest market in Africa for emerging technologies of the 4IR. With over 200M population, the highest penetration of mobile phones, Internet connectivity, real-time payment systems, and diverse population workforce, you’ll meet the right people at the event and collaboration is the key to winning in today’s businesses.

Let’s give your project wings. BNUG has over 13,000 event subscribers built over 3 years of active engagements with a community of very vibrant tech enablers, developers, enthusiasts, and investors. Let’s take you by the hand and show your project to a waiting audience.

View the pictures and videos from previous conferences.

Date: 4–5 October 2019

Venue: Sheraton Hotels, Abuja Nigeria.

Register now!

Learn more at http://blockchainnigeria.group

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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Big Names Take to the Stage at Crypto Fest 2019 in South Africa

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Crypto Fest 2019

Bitcoin Events is hosting the first-ever Crypto Festival in Cape Town on 7 September 2019 at Shimmy Beach Club, V&A Waterfront. 

This is the first event of its kind in South Africa and with the tremendous interest in cryptocurrencies that exist in South Africa, this event is certainly going to provide several insights into why South Africans are investing in and trading with cryptocurrencies!

According to a global survey by social media management company Hootsuite and global agency Wearesocial, South Africa has been ranked as the top country for ownership of cryptocurrency. The survey found that 10.7 percent of internet users in the country own cryptocurrency. 

Africa is embracing the digital revolution!

Bitcoin is now 10 years old and with it has come a plethora of exciting new ways to transact, invest, trade and conduct business. The Crypto Fest will showcase these exciting innovations with well-known local and international speakers who have created businesses, products, and services using cryptocurrencies. 

AltcoinTraderOne of South Africa’s first cryptocurrency exchanges, AltCoinTrader SA is the official Premier Sponsor of the Crypto Fest 2019. AltCoinTrader provides cryptocurrency trading in South Africa since 2015. 

The main vision of the exchange, according to Founder and Senior Partner, Richard de Sousa, is to provide easier accessible cryptocurrencies to communities that struggle with traditional banking systems.

The demand for altcoins in the country is rapidly growing, and often local exchanges with fiat on-ramps are used as a gateway to international exchanges to facilitate top performing cryptocurrency acquisitions. AltCoinTrader has identified a niche space and has listed the top 20 CoinMarketCap coins on its platform to provide traders with easy access to these markets.

Keynote Speaker at Crypto Fest 2019

altcointrader

RICHARD DE SOUSA

Founder of AltCoinTrader

Thanks to the invention of Bitcoin by Satoshi Nakamoto, new global financial systems now exist, those of decentralised cryptocurrencies and tech giants’ coins such as Facebook’s Libra. How will these new financial systems affect how we live and transact, and how will governments control these new systems? Richard de Sousa, Founder of AltCoinTrader will set the scene in his Keynote address discussing the ‘Trends and Overview of the Crypto Landscape’.

AltCoinTrader was developed by Richard in 2014 and as an early adopter of Bitcoin, he wanted to bring cryptocurrency to the local South African community as buying cryptocurrencies from any exchange overseas was difficult and cumbersome.

Put your brand on the throne

We invite you to partner with Bitcoin Events and sponsor this exciting event. Showcase your brand, product, and services to our global audience. The Crypto Fest sponsorship packages provide extensive exposure, leading up to, during, and after the festival. If you would like to receive more information about the sponsorship opportunities, please email us at info@blockchainafrica.co.

What You Can Expect at the Crypto Fest

This one-day event will be moving away from the traditional conference and exhibition model, into a ground-breaking festival of engaging, thought-provoking and quality content on three stages, driving meaningful discussion and debate on how best to accelerate global adoption of cryptocurrencies. Crypto Fest 2019 strives to bring cryptocurrencies to life through immersive activities showcasing examples of real-world application and increased engagement opportunities to make the connections needed to expedite cryptocurrency adoption through controversial crypto debates in the Crypto Battle Arena, live crypto gaming and fun competitions with crypto giveaways. The festival will culminate with a crypto party!

Crypto Battle I: Battle of the Coins

The Bitcoin Civil War between BTC, BCH, and BSV is hotter than ever, with existential stakes for different communities of stakeholders. Many different opinions exist in the crypto community on which bitcoin is the true bitcoin: which is the most efficient payment system, what is the most efficient block size limit and which of these are as per Satoshi Nakamoto’s Whitepaper, ‘Bitcoin, A Peer-to-Peer Electronic Cash System’. Each participant will make their case for the bitcoin they support after which each will have the opportunity to respond to the other participants. The audience will have the opportunity to pose a question that the moderator will ask via our Twitter event hashtag, #CryptoFest2019. Less fighting and more buidl-ing is the only win-win scenario here. Catch Lorien Gamaroff, Rocelo Lopes and Warren Gray in this crypto battle ring, with James Preston as the mediator.

Crypto Battle II: Crypto Whales vs. the Small Fish

Crypto whales get accused of market manipulation and dirty tactics, and can cause market prices to drop or rise within minutes by dumping a huge amount of coins at once. However, not all crypto whales are sharks. And while that might be true for some whales, it is a broad and unjustified generalization to presume that all of them are solely focused on market manipulation. Price manipulation tactics occur in every market and are illegal in regulated markets which is not the case in the current crypto unregulated market. Join Graeme Tennant at our Whales vs. the Small Fish crypto battle, moderated by Grey Jabesi, which will look at how whales influence the crypto market and what tactics they use to create FOMO in the market.

Crypto Battle III: Libra Coin: What Does it Mean for Crypto?  

It is no more news that Facebook is taking a chunk of its resources and technical know-how to establishing a coin, Libra, offering a “faster, cheaper and more secure” alternative to traditional ways of making payments on the internet, according to reports. Regardless of all the details surrounding the introduction of this ambitious project, one thing is clear: over 2 billion people would have seamless access to Libra. Therefore, regulations, use case, its influence on the crypto market, as well as the financial industry, has come under unprecedented scrutiny.

This battle, moderated by Farzam Ehsani, will consider the various pros and cons of Libra, what it means for the crypto industry, consumers and regulators including the impact on other cryptocurrencies.

We are delighted to welcome our confirmed speakers who are recognised as thought leaders in the cryptocurrency industry! Read more about the speakers here, and view the thought-provoking programme here.

About Bitcoin Events

Since inception, Bitcoin Events have cut through the hype and challenged the critics to educate, upskill and drive long-term thinking on the strategic benefits of cryptocurrencies and blockchain technology for businesses, governments, citizens, and society.

For more information on the Crypto Fest visit our website at www.cryptofest.co.za or email us at info@blockchainafrica.co 

See You at the Crypto Fest 2019 in Cape Town!

Buy your Crypto Fest 2019 Ticket Now

Crypto Fest
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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