Check out Bolenum they're competing in the space as ripple !
Bolenum BLN on coinexchange.com
Hi everyone, I have decided to bring light and reveal the true about Bolenum Project. The team worked hard to create crypto Trading platform for Africa.
Bolenum project announce BETA to be released on 15. December 2017. This project is looking very attractive and I have decided to contact Bolenum Exchange by email. Few hours later I had a call from CEO of Bolenum Exchange. We had little chat about Bolenum project.
Hi,can you introduce your self ?
My name is Mani Robson, I am the founder of the Bolenum project. The project is a global blockchain and cryptocurrency project which is aim at engendering access and adoption for this new technology, with particular emphasis to the african and Asian continents. It’s the goal of the project to bring blockchain technology closer to every living person in the world who stands to benefit from the potentiality of this new economy.
Is Nour Haridy working on different project at same time ?
Nour Haridy is the Technical Director of the Bolenum project. He is a blockchain expert with specialty in Ethereum solidity programming. He has been instrumental in the development of the BLN source code and he also managed the ICO process for the project. Currently, he is the CEO of Lamarkaz tech company. He is based in Cairo, Egypt and studied in the US.
How did you come up with this idea ?
The idea for the Bolenum Project came about as a result of the various challenges which I experienced while I was trying to get involved in the emerging economy. For one, I saw that awareness and penetration of the new technology was low across various strata of the society. Also, getting accepted on major global exchanges was a tough task as verification process was not easy. I thought that with my global knowledge and local experience I would be in a good position to make a positive contribution.
How would you promote Exchange among African continent ?
As we all know, marketing and promotion is the livewire of any successful business. We intend to explore all available channels on social media couple with road shows and physical meeting to disseminate information on the project. As you are aware, the first product from the project, the Bolenum Exchange will be launching the beta version on 15/12/2017. Already, we have assembled a team and they are working on some promotional activities to create publicity and acquire more users to the platform. The target. is to have 1m active users of the Bolenum Exchange within the first 12 months of its launching.
Do you want to make help desks for African people to deposit Fiat ?
We are currently exploring the possibility of setting up of the first customer experience centre in Lagos, Nigeria for the Bolenum project. We are looking at the logistics feasibility of such a venture.
Can you specify time of beta ? Will be in time ? Website redesign at same time ?
Beta version of the Bolenum Exchange is set to be released on 15/12/2017. This shall be an MVP, and it will be consistently developed with more features until such a stage where we can confidently say we have a full feature exchange. We are going to deliver this ahead of the scheduled time. Website redesign shall also be delivered ahead of time.
Deposit/ withdraw Fiat working in beta version ?
Currently deposit and withdrawal of BTC, ETH and BLN are all active on the Bolenum Exchange. We hope to deliver on the trading module and other basic features at launch of beta version, or shortly thereafter.
Do you want to use Affiliate marketing ? If so can you tell us something about rewards ?
Yes We are currently working on Affiliate marketing modul. This could bring up to 10% of partner’s fees . As soon as We ready all informations will be revealed.
Trading BLN/Alt coin with 0% fee ?
Trading on the exchange shall attract minimal fees. This shall be published on a fee schedule page
Same withdraw limit for everyone ?
There shall apply a daily withdrawal limit of usd100,000 or its equivalent in all cryptos
Can you specify How many are company tokens ? How many are personal tokens ?
The developers of the project currently own less than 20% of total available BLN tokens.
When will be bitcointalk topic unlocked ?
The Bolenum bitcointalk ANN will be unlocked at successful launch of the Bolenum Exchange. The page is still being updated.
Do you think If Bolenum Exchange was succesfull and you released Token Payment Cards this could have global effect on African continent ?
Everyone believes that blockchain technology has so much to offer with respect to providing seamless payment solution. We in the Bolenum Project want to be at the forefront of this emerging economy.
Project website:
www.bolenum.comBoleno BLN token currently trading at:
https://www.coinexchange.io/market/BLN/BTC 10million total supply. Less then a million available on coinexchange at the moment.
Bolenum exchange under development:
www.bolenumexchange.comFacebook:
www.facebook.com/BolenumTwitter: @bolenumplatform
LinkedIn : Bolenum
Bitcointalk Ann:
https://bitcointalk.org/index.php?topic=2321009.0Telegram:
https://t.me/joinchat/FMhD80NdeRPeBodnr9fH0AGithub: Bolenum , linked to Nour Haridy the Technical Director
Github 2: Bolenum, linked to Oodles Technologies, Technical Partners and co-developers of the Bolenum Exchange
Here you have some serious competition
prince of Nigeria lol
The Bill & Melinda Gates Foundation today released a new open-source software for creating payment platforms that will help unbanked people around the world access digital financial services. The software is designed to provide a reference model for payment interoperability between banks and other providers across a country’s economy. It is available now, free-of-cost, for software developers to adapt and banks, financial service providers and companies to implement. Information on the code can be found at mojaloop.io.
Current data from the World Bank shows that nearly two billion people in developing economies lack bank accounts and miss out on the benefits and security that basic financial services provide. Digital financial services, such as mobile money on cell phones, have rapidly expanded over the last two decades because they are convenient for users and cost-effective for companies aiming to serve new markets. In Kenya, an estimated 194,000 households have moved out of extreme poverty due in part to their access to M-Pesa, a mobile money platform, and users’ ability to save money more effectively. Digital financial services are now available in nearly 100 countries according to GSMA, an organization representing mobile network operators. However, global expansion of these services—especially to the world’s poor—has been hampered, in large part, by a lack of interoperability between digital financial services and payment platforms.
The new software, called Mojaloop, establishes a blueprint for connecting today’s financial services sector, and can be used as a solution to barriers that banks and providers seeking interoperability have traditionally faced. Delivering financial services to the poor is prohibitively challenging for many businesses because they struggle to invest adequately in complex technology while maintaining a commitment to low-cost, inclusive services. This has led to a prevalence of consumer payment options that are out of reach for many people in developing economies, or which limit customers’ ability to transact across products, banks and borders. These and similar challenges have dissuaded many companies from expanding into developing markets altogether.
Mojaloop can be used by financial institutions and commercial providers, to simplify and reduce the cost of developing inclusive payment platforms. It was designed to serve ultimately as a model for national payment switching systems that, for example, enable an individual’s digital wallet to connect with her employer’s bank account and her children’s school account to complete monthly transactions. The code can also be applied to adapt and improve existing services.
“Interoperability of digital payments has been the toughest hurdle for the financial services industry to overcome. With Mojaloop, our technology partners have finally achieved a solution that can apply to any service, and we invite banks and the payments industry to explore and test this tool,” said Kosta Peric, Deputy Director, Financial Services for the Poor, at the Gates Foundation. “Just as the internet revolutionized digital communication, open-source solutions like Mojaloop can spark innovation and democratize access to digital payments, empowering billions of new customers and driving massive economic growth in developing markets.”
Mojaloop (building off the Swahili word “moja,” which means “one”) was created in partnership with fintech developers Ripple, Dwolla, ModusBox, Crosslake Technologies and Software Group, using cutting-edge technology such as the Interledger Protocol, a solution for settling funds among multiple providers across their individual systems. It joins other promising digital financial software, but is the first model that can help extend interoperability from mobile money providers to any bank, merchant or government institution in a customer’s economy in a way that specifically meets the needs of the poor.
“Interoperability is necessary both for financial inclusion and market maturity, but it is a complex thing to achieve,” said Benno Ndulu, Governor of the Bank of Tanzania, the country’s national bank. “We are excited to explore implementation of this because of how it can simplify that capability for businesses and governments, and speed up access to financial services.”
“As we modernize and develop national and cross-border payments infrastructure in Africa, the only way to sustainably reach and serve the world’s unbanked communities is through new technologies,” said Chris Hamilton, CEO of BankservAfrica. “Our aim as an organization is to offer national payments platforms for the next generation of financial innovators and Mojaloop gives us some tantalizing new options for doing that in a way that integrates with the entire national economy.”
Developers can access the new software on GitHub, the world’s leading open-source development platform. It includes four components: an interoperability layer, which connects bank accounts, mobile money wallets, and merchants in an open loop; a directory service layer, which navigates the different methods that providers use to identify accounts on each side of a transaction; a transactions settlement layer, which makes payments instant and irrevocable; and, components which protect against fraud. The software will not be owned or implemented by the Gates Foundation. It will be used in the foundation’s ongoing work to promote the development of pro-poor, digital payment platforms.
Mojaloop was created by the Gates Foundation’s Level One Project, which is aimed at leveling the economic playing field by crowding in expertise and resources to build inclusive payment models to benefit the world’s poor. Alongside Mojaloop’s development, the project also brought together four mobile systems companies—Ericsson, Huawei, Telepin, and Mahindra Comviva—to develop an Open API for mobile money interoperability. These APIs will allow mobile money providers to integrate seamlessly with Mojaloop and products built from it.
“In order to achieve the full potential of mobile money, we must evolve today’s complex and often fragmented digital payments ecosystem,” said Mr. Shi Yaohong, President of Software Product Line at Huawei. “I look forward to exploring opportunities to leverage Mojaloop to help us achieve our goal of bringing digital financial services to all poor and low-income customers.”
For technical documentation and to contribute and use the Mojaloop software, visit github.com/leveloneproject. For more information on the Level One Project, visit leveloneproject.org.
https://www.gatesfoundation.org/Media-Center/Press-Releases/2017/10/Bill-Melinda-Gates-Foundation-Releases-Open-Source-Software-to-Expand-Access-to-Financial-Services
