AFRICUNIA — New Generation Digital Banking

Cryptoeye
2 min readSep 24, 2018

The AFRICUNIA BANK project is a 100% fully decentralized digital banking system. It will be a digital bank based on the Blockchain concept. Our new and unique Financial Institution will not only offer traditional bank services such as savings and opening of current accounts, bank and credit card issuance, loans / lending, foreign exchange exchanges, but also will connect with the start of traditional finance and crypto-currency.

The first African will be the Crowdfunded Open Bank and will have its own digital currency called AFCASH which is open to purchase during the First Money Offer (ICO).

Problems and Solutions

While blocking provides fast and cheap processing, it is not centrally controlled, but there are still some shortcomings. For example, the system should recognize a real and fraudulent operation. Typically, this study is carried out with institutions and cryptographic signatures. However, in decentralized systems, the level of trust is reduced because each user remains anonymous. Many existing platforms require a lot of time to process transactions or high commissions; To solve these problems, AFRICUNIA uses the CONSENSUS ALGORITHM protocol (APCA), which will solve all major problems.

AFCASH is a currency that is intended to create an ecosystem that shortens the gap between AFRICUNIA and cryptocurrency. The platform will continuously evolve and be supported by new functions.

Results

The biggest advantage of the project is that it is currently on the market. When the bear market has a scam project with tons, Africunia starts +1 in terms of trust. It is also a wallet project which makes him attractive. This project will eliminate the barriers to centralization and offer uninterrupted investments that everyone can benefit from, and will be the future of the digital banking system in the award industry that everyone wins. I encourage you to participate in the prize campaign. This incredible revolution would take a new form of investment. I think AFRICUNIA will introduce its own continent with this project. Bye now.

Website: https://www.hubrisone.com/

Telegram: https://t.me/HubrisOneOfficial

Ann, Bou: https://bitcointalk.org/index.php?topic=5036334 , https://bitcointalk.org/index.php?topic=5033971

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