AFRICUNIA BANK AFRICUNIA BANK

AFRICUNIA BANK

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Last Update

Mar 22, 2018

AFRICUNIA Limited is registered in England under the United Kingdom Government’s Standard Industrial Classification (SIC) for Banks and Financial Services
AFRICUNIA BANK ICO
Dec 1, 2017
May 31, 2018
100% completed
$100 000
goal
cap
0% cap completed
Goal 100 000 000 USD
Cap 50 000 000 USD
past
  • 1 AFCASH
    =
    0.1 USD

About AFRICUNIA BANK

AFRICUNIA BANK project is going to be a 100% 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). 

Features

Some of the notable features of our Blockchaint Technology and Digital Bank Ecosystem would be:

• APIs

• EMIs


• Commercial Bank licence

• Digital Pass Technology

• Internet of Things (IoT)

• Big Data

• Applied Artificial Intelligence (AI)

• Credit & Debit Cards

• Lending/Loans 

• 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

 

 

Technical Info

• For the singular purpose of our INITIAL TOKEN OFFER (ITO), AFCASH Token is ERC20 compliant and as such can be stored on Ethereum wallets which support this protocol. However, will develop own Blockchain Technology system based on AFRICUNIA PROTOCOL CONSENSUS ALGORITHMS (APCA) and test it for correctness, consensus, and utility.

• Digital Signing Algorithm

• Combination of two Algorithms (Proof-of-Work + Proof-of Stake) 

• Blockchain Technology will be compatible with all programming and coding languages as this will enable us generate a larger following of users and miners


• A WebAssembly that can be run in modern web browsers with a compact binary format that runs with near-native performance and provides languages such as C/C++. Furthermore, it will also be designed to run alongside JavaScript. 

• Cross-Chain Interoperability with other Blockchains for advanced smart contracts features

Roadmap

  • RESEARCH AND EXPERIMENT (10th July 2017 to 1st January 2018)

  • Researching and experimenting with the RPCA will be our first step in the AFRICUNIA journey. Our developers will develop dummy prototype of Blockchain system based on APCA and test it for correctness, consensus, and utility. We are already researching and experimenting with the APCA and its application in Blockchain; and it is in advance stages.
  • Research and Experiment

  • Researching and experimenting with the RPCA will be our first step in the AFRICUNIA journey. Our developers will develop dummy prototype of Blockchain system based on APCA and test it for correctness, consensus, and utility. We are already researching and experimenting with the APCA and its application in Blockchain; and it is in advance stages.
  • Pre-ICO (1st December 2017 to 31st December 2017)

  • The AFCASH pre-order will open on 1st December 2017 and run for 4 weeks up to 31st December 2017. We are targeting 500 Million AFCASH tokens with a circulating supply of 500 Million
  • Pre-ICO

  • The AFCASH pre-order will open on 1st December 2017 and run for 4 weeks up to 31st December 2017. We are targeting 500,000,000 Tokens.
  • Read More
  • ICO (1st January 2018 to 31st May 2018)

  • The AFCASH ICO will start on 1st January 2018 and run for 5 months up to 31st May 2018.
  • ICO

  • The AFCASH ICO will start on 1st January 2018 and run for 3 months up to 31st March 2018.
  • DEVELOPMENT OF BLOCKCHAIN PROTOTYPES (1st March 2018 to 31st March 2018)

  • At this stage, we will develop a Blockchain prototype that will help to eliminate ambiguities and enhance accuracy with our AFCASH crypto. We expect this step to take 4 weeks and will run from 1st March 2018 to 31st March 2018.
  • Development of Blockchain prototypes

  • At this stage, we will develop a Blockchain prototype that will help to eliminate ambiguities and enhance accuracy with our AFCASH crypto. It is advanced stage of development.
  • Development of the Blockchain beta version

  • A beta version of our AFCASH crypto will be developed to help developers understand the ecosystem better as further ambiguities are eliminated. We expect this phase to take a maximum of 4 weeks. Therefore, this phase will run from 1st April 2018 to 30th April 2018.
  • Testing of prototypes, beta version, and the entire ecosystem

  • We will test the system as a whole and ensure it is working properly and is interoperable with existing systems. This stage will take a maximum of 3 weeks and will run from 1 st May 2018 to 21st May 2018.
  • DEVELOPMENT OF THE BLOCKCHAIN BETA VERSION (1st April 2018 to 30th April 2018)

  • We will test the system as a whole and ensure it is working properly and is interoperable with existing systems. This stage will take a maximum of 3 weeks and will run from 1st May 2018 to 21st May 2018.
  • Testing of prototypes, beta version, and the entire ecosystem

  • We will test the system as a whole and ensure it is working properly and is interoperable with existing systems. This stage will take a maximum of 3 weeks and will run from 1 st May 2018 to 21st May 2018.
  • COMPLETE DEVELOPMENT OF OUR BLOCKCHAIN TECHNOLOGY (31st May 2018)

  • We expect the complete Blockchain Technology to be finished by 31st May 2018.
  • LAUNCH OF THE BLOCKCHAIN AND ECOSYSTEM (1st June 2018)

  • We hope to launch the Blockchain Ecosystem on 1st June 2018.
  • SOLIDIFICATION AND EXPANSION OF THE TECHNOLOGY (June 2018)

  • After the launch on June 1, the project will undergo continuous maintenance and development to address all IoT, Machine Learning and big data concerns.

Materials

AFRICUNIA BANK

Activity

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Status:
Full Member
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Activity:
212
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Merit:
100
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232
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2 085
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66
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1 790
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Tweets:
3 163
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Alexa
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Team

Verified 83%

Attention. There is a risk that unverified members are not actually members of the team

Business Development Director
unverified
Social Media Director
verified
Founder & President
verified
Company Secretary
verified
Chief Technology & Officer (CTO)
verified
Marketing Director
verified
Tetiana Liulka
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Hi! I'm a Social Media Coordinator in Africunia Bank! I believe in our Vision and Future! Join us and be a part of Revolutionary Project!
D. Chancellor F. Nzenwa
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
I am the Founder & President of AFRICUNIA BANK project. I am responsible for creating, communicating and implementing the organization's vision, mission, and overall direction. I am also leading the development and implementation of the overall organization's strategy.
Leading, guiding, directing, and evaluating the work of other executive leaders are few of my roles in this project.
Madeleine Winkler
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
Performing administrative duties to Keep AFRICUNIA BANK Project running efficiently.
Composing correspondences, plan and schedule Meetings.
Manage the calender of the bank's Senior Management, organize and maintain files.
Greeting Clients, and making travel Arrangements for our bank employees.
Gerald Tissiere
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
I am responsible for and mainly concerned with AFRICUNIA BANK technologies, the applications of these technologies in the business and how these can be managed. Furthermore, I am focused on using AFRICUNIA technology as an external competitive advantage; using the power of modern technologies, online design and big data to digitalise the Bank project's businesses.
Irina Yuhanyuk
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
As AFRICUNIA BANK project Marketing Executive I am in charge of overseeing daily activities within the marketing department of AFRICUNIA. As a core part of AFRICUNIA BANK project's communication strategy, I plan, develop and implement marketing campaigns to expand the client scope, enhance awareness about the company and promote services and products.

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