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Reindeer – A Decentralised Cloud Computing Ecosystem

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REINDEER

According to research, there are approximately 3.6 million cloud computing users across the globe. Cloud computing technology allows people to have easy access to a global pool of valuable resources that include services, data, servers, apps, computer networks, etc. While it empowers people with efficient access to powerful data, the present scenario of the cloud computing process deals with certain challenges including high downtime, security issues, lack of transparency, etc., that cannot be overlooked. Presently, the cloud computing landscape is also largely monopolised by conglomerates such as Amazon, IBM, Microsoft, etc., which bind data in the hands of these companies. Reindeer is an unconventional platform that aims to make data freely accessible, thereby offering equal opportunities to thrive in this extensive digital landscape.

The Github of Cloud Computing

Reindeer aims to become the Github of cloud design. Github is an exceptional tool that has optimised the software product development process of over 27 Million engineers across the globe by offering them a vast information repository and a seamless way to collaborate.

Reindeer wants to offer the same services to cloud design creators in order to improve cloud computing provisions worldwide. The platform intends to incorporate an extensive repository along with a reward system in order to promote the creation of high-quality cloud design. Moreover, under its rewards system, the creators will be remunerated with tokens based on the quality of their registered cloud designs. These designs will be freely accessible to people in order to create online content based on their preferred configuration. 

Open Data Source

Reindeer manages the information in the form of open-data wherein, any individual can store as well as share data. By offering an open source platform, Reindeer aims to maintain searchability and reusability of the data. The platform has also identified the security threats that the cloud computing landscape has been dealing with over the past few years. To eliminate this inefficiency, Reindeer has leveraged blockchain technology to ensure transparent and secure information management.

Flexible Workflow System

Presently, many cloud computing platforms are restrained by complex exchange of documents and approval procedures. These enterprises adhere to IT governance which results in the creation of a flexible workflow.  With an aim to eliminate such a complicated working structure, Reindeer has developed a streamlined and flexible workflow system that seamlessly facilitates the entire cloud design process; from collaborating to auditing and ordering. The platform has built an interactive ecosystem that allows developers to communicate with one another and create, store, and share cloud designs.

Token Sale and Fund Allocation

REINDEERThe Reindeer Token (RDT) is an ERC-20 Ethereum compatible token. The value of one Reindeer Token is set at 0.001 ETH. The platform will be launching its first ICO on December 20th, 2018 that will last till March 31st, 2019. The token distribution will be implemented in the following manner:-

  • ICO – 50%
  • Fund Holding – 20%
  • Team – 10%
  • Advisors and Accelerators – 10%
  • Bounty – 5%
  • Community and Business Development – 5%

Reindeer intends to allocate the sales proceeds from the token sale in the following way:-

  • Marketing – 40%
  • Development – 30%
  • Contributor – 20%
  • Legal and Administration – 8%
  • Paid Content – 2%

Reindeer – Providing Equal Opportunities to All

Reindeer is a decentralised cloud computing network that works towards developing an extensive information database to facilitate cloud computing services like Azure, GCP, AWS, etc. By offering comprehensive information to the common masses, the system looks to encourage creators to exhibit their innovative designs and earn substantial returns from a global audience.

Learn more about Reindeer on:

Official Website: https://reindeer.tech/

Twitter: https://twitter.com/reindeer_press

Telegram: https://t.me/ReindeerProject

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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How Blockchain Turns the Game in African Financial Life

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Chatex
Image by Chatex.com

Progress never stands still. People seek for simplicity and convenience, and the financial system is no exception to that. Hardly anyone could have thought that cash could ever be replaced with plastic cards. Today, it’s time for cryptocurrency to trigger the change in the paradigm.

Besides being a great instrument for investment, crypto changes the very essence of how money is transferred. Today, everyone who owns crypto can seamlessly and transparently exchange, sell off and buy up assets.

Is that not the democratic solution our world needs? That’s the question which underpins the initial purpose of Chatex project. The company has chosen the African continent as the starting point of its expansion in order to help those who suffer from excessive commission fees and lack of fiat.

Why Africa?

The banking environment is so weak here, that it’s hardly called ‘banking’. It is mired in corruption and bureaucracy, while the level of financial literacy is extremely low. It’s a common practice for local third-party services to charge sky-high commission fees on money transferring. Sometimes these figures reach 10 or even 20 percent. Chatex’s CEO, Michael Ross-Johnson, comments the following:

“How can one be treated in such a sordid way in the continent where people survive on less than the equivalent of one dollar a day? We can’t just monitor with our hands folded. We at Chatex are here to help African people become a part of the transparent and fair system that will give them an opportunity to freely manage their money and enjoy the comprehensive financial freedom”

How Chatex will make it out?

ChatexChatex offers a same-name bot based on Telegram, which could be downloaded on any kind of a smartphone supporting the messenger. It is an official, licensed and GDPR-compliant service, which offers safe data storage, BitGo instant transfers technology and additional PIN-code protection.

Thanks to Chatex, users can carry out cross border transactions, whichever their education or location is. One registered with the bot can instantly buy crypto via banking and gift cards, including even iTunes one, and transfer money to other users worldwide with no commission.

What’s the catch? There aren’t any. The verification process and money transfer won’t last more than 15 minutes here. The interface is intuitively simple and user-friendly, that’s why even a layman user will be able to operate without hindrance.

Having established an office in Ghana, Chatex plans to extricate banks and extortionate money transfer services from all over the continent. Next step would probably be Uganda, where the banking system has run rampant. In Uganda, every year relatives send home about $700 million, and almost $70 million of that total are charged by third-party service providers.

Judging upon the current trends of pervasive smartphone penetration, it can easily be said that mobile solutions such as Chatex are on their way to fit a whole set of financial operations into the user’s pocket. Africa needs such services that will ease people lives and eliminate the limits local banks and third-party services set up. Chatex avoided the well-trodden path of expansion and no one will regret. It has started a new chapter in the African market, aiming to ‘make Africa great again’.

To find out more, visit https://chatex.com/.

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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Bitcoin Events to Host South Africa’s First Crypto Festival

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Crypto Festival

Bitcoin Events is delighted to be hosting South Africa’s first Crypto Festival in Cape Town on 7 September 2019.

Bitcoin EventsThere’s been a lot of renewed interest in cryptocurrencies in Africa and globally, and the Crypto Festival will highlight the exciting opportunities that cryptocurrencies offer individuals and organisations: from investing, trading, mining and transacting to privacy, security, price volatility, tokenisation of assets, Initial Coin Offerings (ICOs) and Initial Exchange Offerings (IEOs).

South Africa is at the forefront of crypto adoption. It has the highest percentage, 10.7%, of internet users owning cryptocurrencies, twice the global average of 5.5%, according to a recent international survey by social media management firm Hootsuite in partnership with London-based WeAreSocial.

Bitcoin and other cryptocurrencies have certainly changed the way we think about money, privacy, investments, payments and more. Cryptocurrencies are a disruptive innovation that numerous start-ups and individuals are leveraging, along with blockchain technology, to build innovative products and services for consumers and businesses alike.

We are expecting about 150-200 attendees from various backgrounds and industries at the Crypto Festival: crypto exchanges, payment systems, investment firms, mining operations, trading enthusiasts and companies, ICOs and IEOs, legal practitioners, crypto enthusiasts, blockchain developers, thought leaders, industry innovators and entrepreneurs.

Grab your Early Adopter ticket now for ONLY R450!

The Crypto Festival Call for Papers is Open

Our call for papers is now open, so don’t miss this opportunity to share your insights and expertise with our audience by submitting your paper now.

For more information on the Crypto Festival, visit Cryptofest or email the team at info@blockchainafrica.co.

Disclaimer: 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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“Mobile Localbitcoins” Totalcoin Integrates Ripple

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TotalCoin

Mobile cryptocurrency platform Totalcoin to add support for Ripple. Users of Totalcoin will be able to create wallets for XRP in addition to Bitcoin, Ethereum, Litecoin, and Dash wallets.

For the first time in the history of cryptocurrency, XRP can be transferred anywhere in the world by phone number.

The update is currently being tested and will be released soon.

TotalCoin

Moreover, Totalcoin added a feature of instant exchange of Bitcoin Cash ABC and Bitcoin Cash SV for Bitcoin and vice versa. The platform now supports 20 cryptocurrencies for exchange.

The nearest plans of Totalcoin are the development of a web version of the app, an increase of the number of supported cryptocurrencies, and redesign of user interface elements.  

Totalcoin is a unique mobile cryptocurrency app, that combines a cryptocurrency wallet, a P2P platform for buying and selling Bitcoin, and an opportunity to instantly exchange Bitcoin for another cryptocurrency and vice versa.

Beta testing of Totalcoin was successfully completed late in 2018. The app has been downloaded more than 15 thousand times.

Major advantages of the app are low fees, built-in cryptocurrency wallet, opportunity to send cryptocurrency using a phone number, live customer support, convenient user interface, and profitable referral program.

The application is available on iOS and Android.

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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