AFRICUNIA — A Path-Breaking Crypto Currency

AFRICUNIA Ecosystem
2 min readAug 2, 2017

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AFRICUNIA’s primary goal is to become the industry standard and a one-stop shop for setting up tokenized funds, regardless of whether these funds invest in the fiat or crypto universe.

Remember Bitcoin, the crypto currency that not too long ago had taken the world by storm and is today a perfect fit in the prevailing digital environment?

Well, now here is another crypto currency that will surely shake up the financial world. Welcome to the world of Africunia which basically means African money. It is registered in the UK as Africunia Bank. This nomenclature can be divided in two — the “Cunia” derived from the Latin word “Percunia” means “money” or “cash” and “Afri” represents Africa.

The focus of Africunia is to usher in an age of transparency and decentralization in the fiscal world that will touch new horizons by bridging the gap between paper money and the virtual world of digital currencies. Operating on the rock solid foolproof system of the Blockchain technology platform, Africunia promises to offer a wide range of solutions from technology and infrastructure to corporate structuring and legal compliance.

What does Africunia bring to the table that facilitates banking and other value added transactions?

For one, just like traditional channels of banking such as SWIFT and BIC, Africunia ensures speed, efficiency and low-cost bank settlements and payments. This will also enable banks to transfer money across international borders in real time without having to go through traditional time absorbing multiple layers of fiscal networks. Further, Africunia incorporates all the requirements of modern day banking such as advanced technological innovations and Blockchain technologies while making sure that all regulatory and safety norms are strictly adhered to.

Coming to the environment that is not banking per se but intricately linked to the world of finance, trade and commerce, Africunia has a crucial role to play here. It is the first crypto based POS (Point of Sale) and a digitized system that focuses on bringing instant solutions to industries seeking financial and industrial services. Africunia has highly developed secured wallets options ranging from offline wallets to online wallets to smart wallets. The crypto currency also has in-built systems that ensures that all AML/KYC protocols are strictly adhered to, thereby being within the ambit of legal rules and regulations of the banking community.

The goal of Africunia can thereby be summarized as follows. It is to bring together the real tangible currencies of the world and the optimized advantages of crypto currency so that both benefit greatly from it.

For complete information, please visit: http://africunia.org/

Media Contact:

AFRICUNIA Bank
Attn: Media Relations
B1 Business Centre Suite 206,
Davyfield Road, Blackburn,
Lancashire, BB1 2QY,
United Kingdom
+44 1253 67 5681
info@africunia.org

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AFRICUNIA Ecosystem

“AFCASH” is the First Indigenous African Cryptocurrency, mined and produced by AFRICUNIA BANK. Visit: www.africunia.org