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ClickPesa and Novatti to Facilitate First Transparent Cross-Border Payment for Australian Mining Companies in Tanzania

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ClickPesa
Images by ClickPesa

Dar es Salaam, 7th November 2018ClickPesa of Tanzania and Novatti Group of Australia conducted the first successful cross-border test transaction through the Stellar network from Australia to Tanzania with Novatti’s AUD utility token. The test transaction took place a week ago in front of several mining entities registered in Tanzania with headquarters in Australia.

The parties conducting the successful test transaction are: Novatti Group, facilitating the test transaction from the Australian side, and ClickPesa, facilitated the test transaction from the Tanzanian side. The companies recently started utilising the Stellar Network. Stellar is a potential alternative to the interbank SWIFT network and its usage is growing fast in emerging markets because of its low fees, speed and transparency.

ClickpesaRichard Lema, Co-founder and Director of ClickPesa, says “Until now we have been using standard transfer methods. We recently started testing new payment protocols. We don’t see Stellar as a full replacement for payments standards just yet. We do see the direct benefits of Stellar and do expect that alternatives such as Stellar will play a more important role in the future” . ClickPesa’s goal is to make transactions cheaper, faster and more transparent for the East African society, Stellar is a perfect fit for this. ClickPesa has plans to soon launch additional financial services for organisations utilising Stellar protocol.

Robert Lee, from Novatti Group, says “performing these test transactions shows the power of blockchain technology for financial services. We are currently testing our AUD utility token and this test transaction has shown good results. Novatti, through its licenced subsidiary Flexewallet requires full KYC of all sending and receiving parties and reports all cross-border transactions to AUSTRAC”.

This test transaction fits well with the recent outspoken government support in Tanzania for blockchain and distributed ledger technology. The Tanzanian government encourage the usages of this new type of technology and has urged companies and researchers to bring forward innovative solutions making services in Tanzania more formalised and affordable. ClickPesa has made effort to push forward and is working closely with government institutions on research and to make this technology a reality in tackling issues for the Tanzanian society.

The mining sector has come under scrutiny after it was recently discovered that some mining companies may have been evading taxes. This discovery has shaken the mining sector in Tanzania and has caused a huge rift between the government and mining companies. The mining companies are looking to repair this rift by utilising blockchain technology for transparency in transactions. Using this new technology not only provides transparency but allows for cheaper and faster business transactions from Australia to Tanzania. When the test transaction in Australia was executed, the transaction appeared in Tanzania seamlessly within seconds.

Although it is still in the testing stages, the mining companies are convinced about the usage of this technology and the ability of both parties to execute. The companies are now looking forward to launching a pilot project together within the next two months.

Disclaimer: Readers should do their own due diligence before taking any actions related to the mentioned 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

BMW and $100,000 Worth Prizes to Grab to Celebrate Listing of FESS on DigiFinex

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FESS

If you are a pro trader then FESS is coming with a Trade competition on 21st May which also marks its first Public listing. FESSChain is so excited to announce the ‘Hottest Crypto Trade Fest of the Year 2020’ on DigiFinex.

3 Lucky Winners will compete for a prize pool of S100,000 for fess trading contest starting from 21st May 2020. The winners can take home a classy BMW 3 Series Car, Honda Civic, and a 16” MacBook Pro. Additionally, another event starting on DigiFinex from June 2, 2020, has 350,000 tokens to offer via airdrop, trading, and staking activities.

A Grand Prize is always better than a prize and such competitions don’t always come. So, it’s a golden opportunity for crypto traders across the world.

You must be curious by now what to do in order to get these grand rewards from us! So, you need to be following these steps to be eligible to join the participant pool.

FESSChain IEO on DigiFinex

FESS Initial Exchange Offering (IEO) concluded on DigiFinex exchange on March 1, 2020. The IEO (or super sale) was a smashing success and hit the hard cap of $ 8.76 million in a matter of just 43 seconds. It received an overwhelming response from investors. The IEO didn’t only reach the hard cap within a few eye blinks but also got oversubscribed by almost 2x margin.

Prizes

FESSChain

Terms and Conditions:

FESSChain is inviting crypto traders from across the world to participate in FESSChain grand Trading Fest. You need to be following these conditions to join the pool of claimants:

  • To become eligible for this contest all you need is to trade FESS on DigiFinex in the FESS/USDT pair during the contest period.
  • Users whose Net purchase is of more than 1 million will be eligible for this reward.
    Here FESS net purchase = Buying volume – Selling volume
  • The competition will start from May 21, 2020, at 20:00 and will remain live until June 9, 2020 (GMT+8).
  • Based on participants’ trading volume, they will be ranked on DigiFinex and the three lucky winners will be announced at the end of the competition.

To Know better about this Contest and Participate kindly Visit: DigiFinex dedicated Section

Now, this listing event calls for Additional rewards of 350,000 FESS tokens. This event will be divided in 2 stages whose details can be found here:

Stage One: Listing Airdrop of FESS

Rank Top 200 in net purchase competition

During the activity, users will be ranked according to
FESS net purchase (net purchase = buying volume-selling volume)

FESS

**Consolation prize for net purchase competition

During the activity, users whose net purchase of FESS ≥ 2,000 but who are not in the top 200 will receive 30 FESS tokens, with 15,000 FESS Tokens in total for this reward.

Trade FESS

During the activity, users who trade FESS with transaction volume ≥100 FESS will be rewarded 5 FESS, and a total of 10,000 FESS will be rewarded.

Promote FESS

During the activity, you can follow DigiFinex’s official Twitter (t.co/digifinex) or Facebook account (fb.com/digifinex.global) and FESS’s official Twitter (t.co/fesschain) and forward any FESS activity posts. Screenshot and register it in the form and you can share 15,000 FESS with other participants.

Click Here to Register

Stage Two: FESS Q&A Reward

Time: June 2, 2020 10:00 — June 9, 2020 20:00(GMT+8)

1.Airdrop in FESS communities

Gather your friends and join DigiFinex Telegram group during the event period in order to gain exclusive access to the passwords required to unlock the red packets!

FESSCHAIN

2. H5 page for FESS Q&A

Open H5 page for FESS Q&A to answer the questions. Users who correctly answer all questions can share reward of 60,000 FESS.

The Q&A H5 page will be published on June 1, please pay attention to the content of the announcement by DigiFinex.

Happy Trading!!

About FESSChain

FESSChain Is an AI operated and Proof of Proof based blockchain that uses Volume Oriented fragmentation version 1.0 to settle data into the blockchain. It is unique in many terms and one of them is its data processing and storage supported by Neutrino Framework. The framework makes sure that it processes data into the main chain it fragments the data into the smallest units possible in sub-chains. It only saves the relevant data into the main chain thus shrugging off the unnecessary load.

Disclaimer: The Prizes are indicative in price terms and may change depending on the manufacturer and market conditions. In such a case, the prize or the mentioned price (whichever is lower in absolute terms) will be given to the winners.

Disclaimer: This is a paid 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 press release. 

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Bitcoin DCA Platform Vimba Hits 10,000 Users Following Expansion into the UK and Europe

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Bitcoin DCA Platform

Bristol, United Kingdom, May 20, 2020 — Bitcoin DCA platform Vimba has reached 10,000 customers following the company’s expansion into the UK and Europe last year. 3,000 new users joined in 2020 leading up to the Bitcoin halving.

New Zealand-based Vimba was founded in 2014 by early bitcoin adopter, Sam Blackmore, with the mission to bring bitcoin into the hands of as many people as possible. Today, Vimba enables investors in 30 countries to buy, sell, and auto-invest in bitcoin in a simple, hassle-free manner.

VimbaMoreover, Vimba is the only bitcoin DCA platform that enables investors to dollar-cost average BTC directly into cold storage, which adds an unprecedented level of security to auto-investors. Alternatively, users can also store their digital currency in the platform’s built-in non-custodial crypto wallets, which is the preferred option for most first-time bitcoin investors.

Thanks to its user-friendly service and customer-centric approach, Vimba has been able to turn thousands of New Zealanders into bitcoiners. Now, the company seeks to turn more bitcoin-curious investors into bitcoiners in its new markets.

Founder and CEO Sam Blackmore comments: “We set out to build a platform that enabled Kiwis to save small amounts of bitcoin on a weekly basis. The aim was to give anyone the opportunity to future-proof and diversify their investments by learning about Bitcoin and investing it in a simple and secure way.”

“Now, we want to use our six years of experience operating a bitcoin company in New Zealand to continue on our mission to bring bitcoin into the hands of the people by creating new bitcoiners in Europe and the UK. We believe that enabling people to regularly invest in bitcoin in a simple, automated, and hands-off manner with as little as £10 is one of the best ways to spread bitcoin to the masses.”

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 press release. 

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Binance Charity Donates 15,000 Protective Suits to South Africa to Support Fight Against Coronavirus

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Binance Charity Donates

May 13, 2020 —​ ​Binance Charity​ the world’s first blockchain-powered donation platform dedicated to advancing transparent philanthropy, has supported South Africa’s efforts in tackling the COVID-19 pandemic by donating 15,000 protective suits to hospitals in the country – as part of the organisation’s Crypto Against COVID campaign.

Binance

Launched on March 24, 2020, Binance Charity’s ​Crypto Against COVID​ campaign was created to raise $5 million USD in cryptocurrencies (BNB, BTC, BUSD, and XRP) to be spent primarily on buying medical supplies for affected regions globally. Binance led this effort with an initial donation of $1 million USD, plus an additional donation of $1 million USD through the #CryptoAgainstCOVID social media campaign. In addition, Binance vowed to match $2 million USD of public donations received.

According to the ​WHO,​ as of May 11, 2020, the number of confirmed COVID-19 cases in South Africa has exceeded 10,000 – with 194 deaths. Making the country the most affected on the African continent.

A total of $3.9 million USD has been raised from Binance and public donations, with more than 40 crypto companies joining together to support the campaign. As of May 12, medical supplies have been shipped to various affected countries, including 10,000 protective suits to Turkey, ​400,000 masks to Italy​, and 15,000 suits to South Africa. Binance Charity has also committed to PPE donations to Puerto Rico and the Caribbean​ and launched ​a PPE token​ to support donation efforts for New York.

In addition to the ​15,000 protective suits for South Africa – which will be donated to the Health Department in the Western Cape and other hospitals -​ a further 20,000 masks for South Africa have been ordered for delivery within the next few weeks.

“The most important element of human life is to show compassion and help others as we can, without the limitation or restriction of borders. Blockchain technology enables this in greater capacities than ever before and Binance Charity wishes to bring this to the masses,”​ said Helen Hai, Head of Binance Charity.

This Crypto Against COVID donation to South Africa comes months after Binance Charity announced a $1 million USD commitment​ for charity work and crypto education in the country at the Blockchain Africa Conference in Johannesburg in March 2020 – where Binance, the global blockchain company behind the world’s largest cryptocurrency exchange by trading volume and users, announced the launch of a South African (ZAR) fiat-on-ramp with 5 trading pairs: BTC/ZAR, ETH/ZAR, BNB/ZAR, BUSD/ZAR and USDT/ZAR. ​Binance users in South Africa are able to deposit Rands (ZAR) from any South African bank account ​and enjoy features such as savings, spot, margin, lending, futures trading, etc.

On Binance’s commitment to South Africa and Binance Charity’s donation, Tanya Knowles, SA lead said:​ “Binance’s commitment to South Africa extends beyond our role as a cryptocurrency exchange. We are facing a healthcare and economic crisis which our generation has not witnessed before. We hope that this donation supports the many efforts being made in South Africa to fight the virus.”

Binance Charity maintains its mandate of 100% transparency. All transactions will be published in full transparency through the blockchain-based donation portal. Any hospital demands or sources of medical supplies and shipping aid willing to help in this cause may reach out to ​bcf@binance.com​.

Join Binance Charity and help the world fight the coronavirus. Even a small donation can save lives. Together, let’s help those in need. Click ​here​ to donate.

Disclaimer: This is a paid 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 press release. 

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