Bitminutes via its Facebook Page had announced few hours ago the official launch of its Mega event coming up in September 14th, 2019 where registered agents will stand the chance of winning over 2 million naira cash prize and gifts items.
BitMinutes are prepaid mobile minutes that provide financial services to over 2 billion consumers in 70 countries. Micro-loans are too small/unprofitable for banks, so consumer pay high interest rates. BitMinutes turn any corner retailer into the corner banker, offering micro-loans at 50% discount to current rates.
Having identified the challenges of access to fund via transfers in rural areas and inability to access micro-loans from banks and non-banks lenders with higher interest rates, BitMinutes aims to provide unmatched financial services to 2 billion people providing “prepaid minutes” usable in over 4 billion cellphones on 300 carrier network in more than 100 countries as at today.
BitMinutes utilizes the Ethereum and/or Ripple Blockchain in recording transactions to achieve trust. It employs smart contracts to create Smart Loans.
Trusted Agent Network (TAN) Agent helps bring affordable, secure, mobile phone-based financial services to communities that lack traditional banking services. As a TAN agent, an individual becomes a local financial center sharing financial services.
TAN Agents sell BitMinutes. BitMinutes can be used to call anywhere worldwide and can be sent to any phone worldwide. Users will be able to use BitMinutes to pay bills, or transfer to other people.
As a TAN Agent, an individual is expected to enjoy increase business traffic flowing to their businesses, have the ability to issue guaranteed consumer loans and receive low interest loans based on TAN Score.
To be part of BitMinutes, Agents must hold some BitMinutes in Escrow to qualify.
To qualify and stand a chance to win in the September, 14 upcoming events, registration as a TAN is imperative or for free users, they would need to migrate from a free user to a TAN Agent. The Promo is already on and is expected to terminate a on the 7th of September, 2019, a week to the Mega Event. The event is scheduled to hold in Lagos, Nigeria at White House Hotel, 23A Toyin Street, Ikeja. Time is 12 noon.
What are shitcoins? Watch this Video to learn
Appealing to Regulators, Binance launches a Tax Reporting Tool
Leaving China, Crypto Exchanges Cancels Most of their Chinese Businesses
Patricia sponsors Big Brother Naija the 2nd time after recording 13k Users in 12 Hours
Yes! Bitcoin at $38k, See Why they Say It Has A Mind of its Own
The CBDC will lower the cost of doing business – CBN
Nigeria’s CBDC to Run on Hyperlegder Fabric
NatWest Suspends Payments to Binance
Carlifornian Resident Files Lawsuit against Dfinity Over ICP Sale
Watch the Latest Edition of Inside Blockchain – 29th Nov. 2020
Crypto Roast is LIVE – 27th Nov. 2020
AMA Series with Beam CTO & Tech Lead, Alex Romanov
Keep it Locked on to Cryptotvplus
Inside Blockchain | 16.11.2020
Inside Blockchain: WHY YOU SHOULD BECOME A BLOCKCHAIN DEVELOPER
How Blockchain Technology Can Transform Governance In Africa
Hedge Trading on OKEx
Trading cryptocurrency seems cumbersome to new traders, especially those new to the crypto space. There have been a lot of...
The Chances of BTC Dropping to 40k Is Slim – Prateek Suri
The founder and Chief Executive Officer of the Maser group, Prateek Suri joined Tony Obiajuru this morning, 15th March, 2021...
Binance Smart Chain; CeFi or DeFi?
The controversy around whether or not the Binance Smart Chain is centralized or decentralized was cleared on the Inside Blockchain...
How Earnathon is Making Crypto Adoption Easier
Earnathon is making cryptocurrency education and adoption easier with its unique learn and earn platform. It’s no news that the...
NaijaCrypto CEO Says CBN Cannot Ban Cryptocurrency Trading
The Chief Executive Officer of NaijaCrypto, Chiagozie Iwu has said on the Inside Blockchain Show powered by CryptoTVPlus that the...