Press Releases

Groundbreaking Partnership to Forge a Blockchain Powerhouse, Fund and Empower Millions of Entrepreneurs in Africa

Published

5 years ago

October 25, 2018

PITTSFORD, N.Y., Oct. 23, 2018 /PRNewswire/ — A consortium of international bankers, Papersoft Africa, and Digital Transformation company iVEDiX have teamed up to launch a transformative blockchain and digital currency initiative with exclusive contracts in place to roll out a secure cashless financial transactional system running on a blockchain backbone attached to an onboarding platform. Within a well-designed global ecosystem, this fintech initiative is intended to support millions of entrepreneurs in Africa initially in, but not limited to, the Democratic Republic of Congo(“DRC”) and Somalia, impacting hundreds of millions of lives on the African continent and beyond.

This groundbreaking effort provides a solution to traditional banking and infrastructure bottlenecks by making electronic cash and banking available to anyone with a mobile phone and providing access to revolving funding to millions of entrepreneurs. The initiative puts an emphasis on working with African organizations and designing solutions specific to a country’s economic needs and goals, collaborating with governments and the private sector to identify priority areas for growth. This mobile banking solution intends to reach millions of the unbanked who are currently locked out of the mainstream financial system and trapped in cycles of poverty. The game-changing blockchain and onboarding platform will provide employment opportunities, access to markets and financial services, as well as create new sources of income generation in major African industries of agriculture, mining, financial services as well as other key sectors in the DRC and Somalia.

blockchain Serge Nawej, a shareholder of Papersoft Africa, and President of the Commission of Young Entrepreneurs (CNJE) of the Congolese Federation of Companies (FEC) in the DRC declared, “After four years of foundation setting and due diligence, we are excited to birth a unique, comprehensive and tangible mobile tech opportunity to financially empower and impact millions of young entrepreneurs throughout Africa. Starting with DRC and Somalia, we are leveraging the opportunities of the demographic dividend and innovative fintech approaches to leapfrog conventional banking practices and allow Africans to gain access to formal financial markets and conduct personal and commercial banking transactions unlike ever before. With our blockchain technology and unique onboarding platform, we are well poised to positively change the narrative around so-called “frontier” markets and the DNA of entrepreneurship in Africa.”

Rajesh Kutty, founder and CEO of iVEDiX added, “Combining the proven technologies and expertise of iVEDiX and Papersoft (PPS-DMS) with the backing of the international banker group has resulted in an innovative, yet fully adapted technical and financial architecture that is addressing the most critical challenges faced by millions of entrepreneurs in Africa. Mobile financial services using blockchain are growing quickly globally. Kenya, for example, rolled out the M-Pesa in 2007 and transformed the mobile payment landscape for Kenyans. A decade later, M-Pesa operates on three continents in 10 different countries. BitPesa has also brought blockchain technology to Africa. The proprietary software of iVEDiX will offer economic freedom and prosperity to individuals through the use of a transaction platform that 1) is orders of magnitude more affordable than any alternative, 2) is interoperable across mobile networks and 3) can process new financial tools.”

Darin Pastor, who leads the international banker consortium and is globally recognized for his expertise in world banking and as an economic advisor to several heads of state throughout Eurasia, the Middle East and Africa remarked, “Following four years of working on innovative solutions to poverty in specific countries in Africa, I am so gratified to see our combined groups making such excellent progress with this immense challenge. We are now positioned to provide the financial resources needed to stop abject poverty and end the severe deprivation of human needs.”

Lives and Jobs

Africa’s youth population is predicted to reach 750 million by 2030, and one billion by 2050. The continent’s population growth and the emergence of the innovations around digital economies provide us with a unique window to harness the potential of the vibrant demographic of the young entrepreneur. World Bank estimates project Africa to have a working population of 1.1 billion people by 2034. This boom requires a re-imagination of how we engineer both job creation and wealth creation.

Through this multifaceted initiative, the partnership is expected to equip upwards of 10 million entrepreneurs in Africa with innovative financing opportunities and income generation support over the next 36 months and impact hundreds of millions of lives. The contemplated activities and support of entrepreneurship is a natural fit to address development and poverty alleviation goals and is aligned to each consortium partner’s global business development strategies. According to the World Economic Forum, smartphone usage in Africa is expected to reach at least 50% by 2020 – up from only 2% in 2010.

The continent is ripe for tech-based innovation being launched through the initiative. The partnership is at the forefront of the innovation required to enable African economies to benefit from the rapidly accelerating technological advances of blockchain as well as digital currencies.

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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Press Releases

ND Labs Launches Crypto Exchange Software Development

Published

1 year ago

January 20, 2023

Guest Contributor

ND Labs, an international blockchain consulting and development company with offices in Poland and the United States, has recently announced the launch of crypto exchange development services.

ND Labs understands that cryptocurrencies are gaining even more popularity and predict their mass adoption in the future. Thus, the company offers full-cycle development services to IT businesses and non-IT enterprises from various industries, including retail, construction, oil & gas, etc.

Dmitry Khanevich, co-founder and CEO of ND Labs, commented on the news:

“Launching a crypto exchange is a good business idea. First, there is a growing demand for such platforms as digital currencies are becoming more widely used. Second, they can generate constant profit by charging fees for each transaction. Third, they are relatively easy to set up and maintain. Finally, they offer lots of flexibility, which makes them ideal for businesses of all sizes. If you lack the necessary skills or knowledge to build a crypto exchange, that’s where our blockchain expertise will be helpful.”

What is a crypto exchange?

A crypto exchange is a trading platform that allows users to buy and sell digital assets in a peer-to-peer manner, which means there is no third party involved. For instance, users can buy cryptocurrencies for fiat money and then trade them.

How to develop a crypto exchange platform?

- Choose the platform type. It can be a crypto trading app as well as a centralized, decentralized, or hybrid cryptocurrency exchange.
- Build key features. They include user authorization and verification, a trading engine, a crypto wallet, an intuitive user interface, and market and liquidity provider integration.
- Add nice-to-have and advanced features. They are manageable user profiles, portfolio tracking, push notifications, loyalty programs, a knowledge base, data analytics, NFT trading abilities, automated strategies, etc.
- Meet regulatory compliance. Depending on the jurisdiction you are going to work in, you will have to comply with GDPR, KYC, KYT, AML, and other requirements.

Develop a crypto exchange platform.

About ND Labs

ND Labs is an international company that offers blockchain consulting and development services. They build blockchain-powered solutions for businesses of all sizes from various industries, such as logistics, real estate, insurance, etc. The company’s team consists of experienced blockchain professionals who focus on strategic outcomes and help clients generate long-term profits.

Contact

For more details and updates, visit:

Website: www.ndlabs.dev
Facebook: www.facebook.com/ndlabs.dev
Instagram: www.instagram.com/ndlabs.dev/
LinkedIn: www.linkedin.com/company/ndlabs-dev/
Twitter: twitter.com/ndlabsdev

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. 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 post.

Press Releases

Get Lucky Tickets for World Cup Bets on 1xBit

Published

1 year ago

November 25, 2022

Guest Contributor

The long-awaited World Cup 2022 is here, bringing many opportunities to win big. Are you excited about seeing your favorite players on the pitch? Then the World Cup is an opportunity not just to do that but also to win big from your passion.

Participating in 1xBit’s Ticket Rush is all you need to have a fun World Cup experience. This tournament offers you the avenue to stay on top of the game, enjoying fascinating matches and securing impressive prizes.

1xBit 1xBit has created Ticket Rush with numerous fanciful prizes that could change your entire gambling experience. With multiple prize draws designed to select many winners, you have a chance at winning big. The prize pool is 3 BTC, with numerous winners per category.

To participate in the offer, you must log in or register on 1xBit. Proceed to the offer page, click “Take part,” and bet on World Cup 2022!

Participants collect tickets for bets on World Cup 2022 matches. There are three ticket categories:

Individual match tickets – for bets on any World Cup matches
Supporter tickets – for bets on the picked 8 countries during the group stage
Play-off tickets – for bets on play-off matches

For the Individual match tickets prizes, the 1st place winner will emerge with 500 mBTC. The first-place winner in the Supporters’ tickets prize draw goes home with 10 mBTC, while the first-place winner in the Play-off tickets prize draw will win 250 mBTC.

1xBit: Your Best Bet

Ticket Rush is one of the many tournaments designed by 1xBit to help players profit from their passion while enjoying the World Cup. With 1xBit, you can rest assured about sumptuous prizes that make your gambling experience worthwhile.

As the fastest and leading crypto sportsbook, 1xBit is passionate about rewarding players’ efforts in an exciting fashion. The platform provides its users with numerous benefits to maximize the crypto gambling space.

You can make bets on 1xBit using over 40 supported cryptocurrencies. This crypto adoption eliminates the need for fiat currency. It removes the stress of first converting your cryptocurrency to fiat before depositing it in a sportsbook to bet on your favorite games.

Instead, you can utilize these currencies directly, allowing you to maximize their value without losing any of it to conversion fees. Even more, 1xBit is constantly looking for relevant partnerships and new coins to add.

You also enjoy instant payouts with zero fees. This allows you to enjoy your winnings without adversely affecting the platform’s fee structure. 1xBit also provides educational blogs on crypto gambling to help you get started with the necessary tips to navigate the field. Whether a beginner or a veteran, 1xBit covers all you require.

Additionally, 1xBit offers users a Welcome Bonus of up to 7 BTC following their first 4 deposits – it gives you the required jumpstart to experience the platform and play your favorite games.

Final Thoughts

All roads lead to Qatar for the 2022 World Cup, and you don’t want to miss out on any match. With the Ticket Rush tournament, you can spice up your experience and win crypto!

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. 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 post.

Press Releases

Crypto Lists Announce Bitcoin Maximalist as Head of Content

Published

1 year ago

October 27, 2022

Guest Contributor

CryptoLists.com is delighted to announce the arrival of the new Head of Content, Tom White.

Tom is now a key member of the speedily growing crypto info site, with ambitions to take the content up a level and define and refine the tone of voice. A keen follower of crypto and Bitcoin, in particular on a personal level, he’s well acquainted with blockchain and DeFi technology and has been investing in digital assets for some time.

In other news, Crypto Lists are also pleased to announce an updated mission statement and a new slogan: Crypto Done Smarter.

As a native English speaker, Tom is well-positioned to take over the tone of voice and editorial oversight of the website, which was founded by two Scandinavians. Alongside this, Tom’s main focus will be to ensure that fresh and informative news articles are released even more frequently, and reviews of new coins and brokers are published swiftly.

Tom White – A Bitcoin Maximalist?

While open to the potential of various altcoins, as somewhat of a Bitcoin Maximalist, Tom sees Bitcoin as digital gold of the new economy. A keen chart-watcher, he’s excited about the next halving event in 2024 and seeing how high BTC can go during the next bull run. A bull run where he believes incredible new ATHs will be reached. A full review of Bitcoin with breaking news, FAQ, historical background, and the most recent updates can be found at https://www.cryptolists.com/coins/btc/.

Things Tom will oversee

During his first week at the company, Tom has covered subjects surrounding changes within the traditional banking sector in regard to crypto, as well as a multitude of other topics. Being such a big advocate of Bitcoin and its potentially revolutionary capabilities, a topic he found especially interesting is how to survive on Bitcoin. He recently published a piece about Arnhem, a Dutch town that some call the world’s only Bitcoin city. Alongside such specific topics, he will be making sure that the Crypto Lists brand voice is consistent across both the website and all externally facing written comms.

Upcoming events in Africa

Tom will also write articles and releases about recent and upcoming Bitcoin and crypto events. In the near term, one such event is the Ghana DeFi Summit 2022.

Crypto Lists – Crypto Done Smarter

cryptolists Tom also brought his creative mind to the forefront when brainstorming the new brand mission alongside the wider team. Crypto Lists had been searching for a new slogan, that is both accurate, descriptive, as well as evergreen – taking into consideration the future developments and growth of the company. Along with the senior leadership, a general consensus was reached: Crypto Done Smarter.

Why smarter? Well, Crypto Lists is there to help people make more informed decisions. The entire ecosystem of the site revolves around educating people on the crypto space, and the coins, platforms, brokers, exchanges and at the same time doing reviews of blockchains that compose it. In a nutshell, Crypto Lists is a site where you learn to make smarter decisions in the crypto space.