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Everest and 1000 Alternatives Partner to Accelerate Blockchain Innovation in Kenya, Nigeria and Rwanda

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Everest

SAN DIEGO, Oct. 10, 2018 (GLOBE NEWSWIRE) — Everest, a biometry-based, value transfer company, and 1000 Alternatives, a leader in social impact development, today announced a new partnership created to accelerate blockchain innovation and spur economic development in Kenya, Nigeria and Rwanda, with the goal of extending that progress throughout Africa. The partnership will utilize 1000 Alternatives’ incubators in each country to train entrepreneurs to build distributed applications (“DApps”) on top of the Everest platform.

Development of DApps on top of the Everest platform will create jobs, reduce the costs of doing business and grant greater economic access to millions of individuals previously lacking access to these connective technologies. The Everest-enabled DApps will have a variety of applications, including micro-banking with built-in know your customer (“KYC”) / anti-money laundering (“AML”) and value storage; healthcare services with native document storage and sharing; and app-based mortgage lending with native KYC, document storage and messaging.

“We are thrilled to partner with Everest, which is focused on the use of blockchain technology for social good,” said Athman Ali, CEO of 1000 Alternatives. “We see a lot of opportunity in the use of blockchains to reduce middle-men costs and we are excited about having access to the Everest platform to empower our entrepreneurs to build modern distributed applications.”

Everest

Everest’s partnership with 1000 Alternatives will utilize 1000 Alternatives’ incubators in Kenya, Nigeria and Rwanda to train entrepreneurs to build distributed applications (“DApps”) on top of the Everest platform.

“Our partnership with 1000 Alternatives enables entrepreneurs across Africa to leverage the distributed foundation and powerful technology stack of the Everest platform, creating new and innovative applications and quickly bringing them to market,” said Bob Reid, CEO and co-founder of Everest. “We are excited about this new partnership and look forward to seeing entrepreneurs leverage these existing, proven technologies to develop and deliver unique DApps.”

Everest, founded in 2016, is a leader in biometric identification, digital wallet and distributed ledger (blockchain) technologies, offering an integrated suite of tools to deliver a full eBanking platform. The Everest platform provides many of the atomic tools required to develop DApps, including EverID, a biometrically based digital identity; EverWallet, a multi-currency and document storage solution; and EverChain, a high-speed distributed ledger. The Everest protocol and application programming interface (“API”) enable many functional services to be built using the same primitives used to make EverID and EverWallet.

1000 Alternatives was founded in 2018 with locations rolling out in Singapore, Kenya, Rwanda and Nigeria, and incubates, invests in and scales profitable lock-step ventures that deliver positive social impact through their products and services.

*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.*

Press Releases

Chainalysis Partners with Binance to Tackle Global Cryptocurrency Money Laundering

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NEW YORKOct. 17, 2018 /PRNewswire/ — Chainalysis, the leading provider of cryptocurrency compliance and investigation solutions, has completed a global roll-out of its compliance solution with Binance, the world’s largest cryptocurrency exchange by trade volume, to help address the challenges at the intersection of cryptocurrencies, regulators and traditional financial institutions.

“Cryptocurrency businesses of all sizes face the same core challenge: earning the trust of regulators, financial institutions and users,” said Jonathan Levin, Co-Founder and COO of Chainalysis. “We expect many to follow Binance’s lead to build world-class AML compliance programs to satisfy regulators globally and build trust with major financial institutions.”

BinanceChainalysis’ compliance software, Chainalysis KYT (“Know Your Transaction”), is the only real-time transaction monitoring solution for cryptocurrencies. The software uses pattern recognition, proprietary algorithms and millions of open source references to identify and categorize thousands of cryptocurrency services to raise live alerts on transactions involved in suspicious activity.

“By working with Chainalysis, we are able to continue building a foundational compliance program that enables the next phase of our growth,” said Wei Zhou, CFO at Binance. “Our vision is to provide the infrastructure for a blockchain ecosystem and increase the freedom of money globally, while adhering to regulatory mandates in the countries we serve.”

This best-in-class solution enables cryptocurrency businesses and financial institutions to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, while simultaneously making it easier for companies supporting cryptocurrencies to open bank accounts.

In April, Chainalysis secured $16M in Series A funding led by Benchmark to deploy Chainalysis KYT and expand its coverage of cryptocurrencies. It serves over 150 of the world’s leading cryptocurrency businesses, financial institutions and government agencies.

*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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Abuja Blockchain & AI Round-Table Conference 2018 To Be Held On October 19-20

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Abuja Blockchain & AI Round-Table

We are happy to announce that the first edition of Abuja Blockchain & AI Round-Table: Beyond Cryptocurrencies will be held from the 19th-20th of October, 2018 at Ladi Kwali Hall, of Sheraton Hotels, Abuja, Nigeria.

This is a hybrid Conference of Value and Innovation, featuring a melding of the Artificial Intelligence (AI) and Blockchain communities in Nigeria and across the world, exploring the enormous possibilities at the intersection of these two technologies. Attendees will garner actionable, practical insight that can be applied almost immediately thereby kick-starting their entrepreneurial pursuits.

The Conference will bring together business leaders, government and regulatory agencies, data practitioners, AI and Blockchain tech pioneers who are applying artificial intelligence to solve today’s problems and creating tomorrow’s opportunities, while leveraging available tools, to create entirely new values.

buy bitcoin in nigeriaOur goal at Abuja Blockchain & AI Round-Table is to provide a common framework for thinking about what the convergence of Blockchain and AI means to Nigeria’s economic prosperity agenda. We aim to bridge the knowledge gap by providing government functionaries, decision-makers, professionals and practitioners with the resources they need to make key business-shaping decisions in a rapidly changing world.

This year’s conference theme is “Blockchain & AI for Economic Advancement!”

About 1000 participants are expected to be at the two-day event.

The event will feature a mix of free-to-attend and paid-for content.

A mobile app for the event, “ABAR” can be downloaded from Google Play Store.

Event Date: October 19-20, 2018. Time 9.00am Prompt

Special Guests, Keynotes, and Conference Speakers include:

  • Prof Kingsley Mughalu, 2019 Presidential Aspirant, Former Deputy Governor CBN.
  • Chike Ukaegbu, 2019 Presidential Aspirant, Lead Executive, StartUp52
  • Mary Uduk, Director General of SEC Nigeria
  • Dr Aliyu Abdulhameed MD/ CEO (NIRSAL)
  • Mr. Adebisi Shonubi  Managing Director, NIBSS
  • Dr. David Isiavwe –ISSAN President
  • Dr Amina Sambo Magaji -National Coordinator, OIIE, NITDA
  • Musa Itopa Jimoh – Deputy Director, Payment SystemsCBN
  • Mohammed Ibrahim Jega – Board Member FG Technology and Creativity Advisory Group, Founder Startup Arewa
  • Robert John – first sub-Saharan Africa certified Google Developer Expert in Machine Learning.

The conference promises to showcase a remarkable list of leading voices in the artificial intelligence and blockchain communities across the globe, with the spotlight on local Startups already building out solutions in the ecosystem.

The event is being organised by Blockchain Nigeria User Group. More speakers can be seen on the event website: https://www.blockchainsummit.ng/

Who Should Attend?

Top government decision makers, Regulators, Entrepreneurs, Enthusiasts, Developers, Chief technical officers, Students and Investors interested in innovation at the intersection of AI and Blockchain. We also expect decision-makers from leading financial services companies who are seeking to improve their business using AI and Blockchain Technology to be in attendance.

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Bithumb to Hold ‘Special Promotion’ for New Registered Foreign Users

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Bithumb
Image by www.bithumb.com

SEOUL, South KoreaOct. 15, 2018 /PRNewswire/ — Bithumb, a global cryptocurrency exchange will offer a new registration event to global users who newly join and start making cryptocurrency transactions.

Bithumb is planning to hold a ‘New Registration Event’ for overseas users from October 15 to November 14, 2018 (GMT +9) Korean Standard Time. The event is for overseas users who have signed up for the Bithumb and completed transactions over KRW 20 Million (Approx. USD 17,490, Bithumb cash standard). The users who are satisfied with the above conditions are expecting to receive benefits of 20,000 Bithumb cash after the event period.

Bithumb cash benefits will be given in consecutive order from December 3 until December 7, 2018, for five days (GMT+9) Korean Standard Time.

BithumbAccording to Head of Marketing Department of Bithumb, Andy Choi, “global interest in cryptocurrencies such as Bitcoin and Ethereum is growing.” And he added, “We appreciate our foreign global users for their trust in and transaction on Bithumb. We are planning to hold various events in order to express our gratitude.”

Bithumb is now holding a ‘Cryptocurrency Transaction Fee Refund Event’ and ‘Super Airdrop Festival Season 2’ as well.

For global customer’s convenience, Bithumb provides a foreign language counseling service in English, Japanese and Chinese, further strengthening its position as a leading cryptocurrency exchange in the world.

*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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