AFRICUNIA BANK project is going to be a fully Digital Bank - a digital bank based on the concept of Decentralised Ledger Technology - Blockchain. Our new and unique Financial Institution is going to offer not only traditional bank services such as opening of savings & current accounts, issuing of debit & credit cards, loans/lending, exchange but also would interconnect the world of traditional finance and cryptocurrency Startups.It will be the 1st African Crowdfunded Open Bank and it would have its own digital currency called AFCASH which is open for purchase during the Initial Coin Offering (ICO).
Some of the notable features of our Blockchaint Technology and Digital Bank Ecosystem would be:
• Commercial Bank licence
• Digital Pass Technology
• Internet of Things (IoT)
• Big Data
• Applied Artificial Intelligence (AI)
• Credit & Debit Cards
• Savings, Current & Checking Accounts
• Decentralised Ledger Technology
• Smart Contracts
• Instant and scalable transactions therefore over-the-counter and Point of Sale (POS) payments will be a cakewalk and as easy as ABC
Research and Experiment
Development of Blockchain prototypes
Development of the Blockchain beta version
Testing of prototypes, beta version, and the entire ecosystem
Attention. There is a risk that unverified members are not actually members of the team
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