AFRICUNIA BANK — A Path-Breaking Cryptocurrency (AFCASH)
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.
-AFRICUNIA BANK — The 1st African Blockchain Technology 3.0 & Cryptocurrency
-Develops the 1st Hybrid (Proof-of-work + Proof-of-Stake) Blockchain Technology in all programming languages
-Develops browser-based and bon browser-based Blockchain Technology
-Develops the world’s 1st Crypto-based PoS (Point of Sale)
-Launches AFCASH ICO 1st January 2018 till 31st March 2018.
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 cryptocurrency that will surely shake up the financial world. Welcome to the world of AFRICUNIA which basically means African money. This forward thinking group is registered in the United Kingdom as AFRICUNIA Limited under the UK Government’s Standard Industrial Classification (SIC) for Banks and Financial Services, and led by a young visionary leader in the person of D. Chancellor F. Nzenwa. The “CUNIA” in “AFRICUNIA’ comes from the Latin word “PERCUNIA” meaning “money” or “cash.” whereas “AFRI” is the abbreviated version of AFRICA. Therefore translated - AFRICUNIA means African Money or African Cash.
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?
AFRICUNIA is the First 100% Fully Digital Crowdfunded African Open Bank- a Digital Bank based on the Blockchain Technology.
AFRICUNIA as a new and unique Financial Institution is going to offer not only traditional banking services such as opening of savings & current accounts, issuing of debit & credit cards, loans and forex exchange services but also will provide innovative services like bank-to-bank transactions, interconnecting the world of traditional finance and cryptocurrency startups.
AFRICUNIA BANK will become a fully digital bank that is accessible everywhere, 24/7. It will function just like a conventional bank, but will not host any branches nor any physical front-offices.
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 World’s 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 cryptocurrency 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.
D. Chancellor F. Nzenwa summarized the goal of AFRICUNIA as follows “It is to bring together the real tangible currencies of the world and the optimized advantages of cryptocurrency so that both benefit greatly from it“
For complete information, please visit: https://africunia.com/
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.com
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