Tripartite Collaborative Agreement

Ducorp XTM
XTM+
Published in
5 min readAug 31, 2020

In this brave new world where innovation is crucial, the ability to continuously pivot and adjust often determines the longevity of businesses and economies.

While digital age investors are familiar with Blockchain and BITCOIN, we want the endless possibilities of Digital Assets to be equally beneficial to the average person looking to expand their investment portfolio.

Thus, a brilliant Tripartite Collaborative Agreement has emerged between Wakanda 4.0, DoBuy Academy, and MA Media. With this revolutionary partnership, we intend to propel Africa to the forefront of the Digital Assets arena, making it not just a key player but an innovative leader in this technological atmosphere.

Why should Africans be knowledgeable about Blockchain & Digital Assets? Besides the potential of amassing wealth, BITCOIN is quite possibly the most identifiable of the Digital Assets and usually associated with Blockchain.

For the uninitiated, a blockchain is a chronologically updated and distributed digital record that comes with cryptographic protection.

In layman’s terms, it’s comparable to a linear chain of blocks where every block stores information connected to another block, and this secure network is shared among the participants.

The chain of blocks is referred to as a ledger that records and stores data that can be transferred amongst participants.

Each participant in this shared network has access to the original information. While everyone in the shared network can see the record, most participants have to consent before any updates are made to this record.

The benefits of this system in Africa not only promote the financial inclusion of its countries’ economies on an international level but also advance the entire continent in this ever-evolving technological age.

Some key advantages of Blockchain are:

Decentralization

Instead of being stored in any one single point, the blockchain system is entirely decentralized, which means that an overarching authority can’t advance its agenda and control the network.

Ease of Use

The flow of data or money is quicker due to the absence of mediators.

In traditional banks, transactions, especially those of more substantial volumes, take multiple days to complete due to transfer software or different protocols.

Blockchain is also available 24/7 and is not limited to standard 9 to 5 business hours.

Security

Since every block is sealed cryptographically, it is impossible to copy, delete, or edit, ensuring the digital ledger’s immutability.

With an absence of weak points within the system for hacking, the chances of malicious tampering are virtually nonexistent.

Transparency

Users can verify and track transactions in the decentralized public ledger. Any individual can view the entire record of transactions.

For Digital Assets specifically, some additional advantages are:

Greater Access to Credit

There are an estimated 2 billion people worldwide who have access to the Internet or mobile phones but don’t have access to traditional banking systems or exchange.

Our intent with this tripartite agreement is that once the required infrastructure is established, these Digital Assets can make transfers and transactions more readily accessible to this anticipating market.

Less Restrictive International Trade

Digital Assets are not subject to the exchange or interest rates, transaction charges, or various levies imposed by any particular country.

Cross-border transfers and transactions will be possible without complications over fluctuations in currency exchanges.

It is in this area of expertise that DoBuy Academy intends to affect the most change.

By conveniently offering courses accessible online, they offer anyone on the continent the opportunity to expand their knowledge in FinTech and Blockchain.

DoBuy Academy is accredited and certified by the European Digital University in Delaware, USA, and offers Training, Courses, and Certificate Programs.

Just as progressively, Wakanda 4.0 seeks to bring modern technologies to the doorstep of Africa. W4.0 will maximize business development through its existing distribution and representatives’ network throughout Africa. Their team has devised a marketing and communication strategy to promote the services and technologies of their Global Partners effectively.

In addition to their Business Development services, Wakanda 4.0 will also offer Consultancy Services, Training, Conference Organization, and cutting edge initiatives such as HoloPub Holographic Advertising.

MA Media adds value to the partnership by organizing events, workshops, and interviews where Wakanda 4.0 and Do Buy Academy will share their knowledge and technological plans.

Based on the Tripartite Agreement’s progressive terms, the partners will actively organize webinars and events that feature Blockchain experts as speakers.

The first of these events is scheduled for the first week of September 2020. Renowned speaker and professor Wulf Kaal, and Benito Elisa, CEO of Wakanda 4.0, will serve as panelists for an upcoming webinar.

MA Media CEO posits, “Technology has for a long time changed our way of life. All through the generations past, we’ve experienced significant advances in various areas of man’s existence.

The ingenuity is outstanding.

Once again, we find ourselves at the beginning of a historic moment in human civilization.

The invention of Blockchain technology presents a massive opportunity for many to become whatever they desire to improve processes, governance, security, commerce, etc.

These are critical pillars of society that cannot be improved by technology unless people understand how it works.

This partnership will undoubtedly help to drive the message to the Nigerian community and abroad that Blockchain and Digital Assets are here to stay, it will define years to come. We should all get on board.”

Mr. Thanveer Ummer, CEO of MARIA GROUP INTERNATIONAL, the parent company of Dobuy Academy says; “Blockchain technology is currently creating an exuberance in diversified industries including banks, public and private enterprises. Most of the tech giants are already adapted to a decentralized business model & blockchain technology to boost their businesses.

Since Blockchain is growing day by day, lack of awareness, immaturity (still slow and cumbersome), lack of scalability, lack of interoperability, stand-alone projects, difficult integration with legacy systems, complexity, and lack of Blockchain talents are the most common challenges faced today. Dobuy Academy strives to give the basic fundamental knowledge on these upcoming technologies to the common people.”

Benito Elisa, CEO of Wakanda 4.0 adds; ‘’Wakanda 4.0 is very proud of this Tripartite Collaborative agreement. This initiative is aligned with the mission of Wakanda 4.0 to bring awareness and knowledge about Blockchain and Digital Assets to Africa. Thank you to MA Media from Lagos, Nigeria, and Dobuy Academy, UAE. I hope our youngsters will enjoy their journey with Dobuy Academy. It is now the time for Africa to step up and welcome this technological revolution. Pamoja Na Afrika.’’

In conclusion, we are set to witness the dawn of Africa’s technological growth, championed by leaders in their respective industries, and eagerly anticipated by many who have been yearning for revolutionary change.

By Nadine A. Jack (XTM; 2020)

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Ducorp XTM
XTM+
Editor for

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