World Habitat Ambassadors Foundation (WHAF) Holds her Annual Leadership Conference and Honours on the 13th April 2019. This event is full-packed with the Rich value from distinguished personalities from around the world that will grace the event who are committed to sustainable living across the world. The goals and objectives of WHAF have been promoting a conducive living society for all. This has attracted great personalities, distinguish supporters, policymakers, diplomats who are interested in promoting decent living for the masses.
This year, the theme is ” Effective leadership; its role in securing and ensuring a sustainable Habitat 2.0.” The event is scheduled for April 13th, 2019. Awards will be given to carefully selected personalities across Africa who have contributed positively to their communities. This year’s conference has a Plus Touch As Technology came on the spotlight for sustainable global habitat. Amb Dr. Gilead Okolonkwo Chairman Beepmagnet Intl Group will be speaking on the subject: Blockchain Technology: The catalyst for Economic Growth and Social Empowerment for Africa.
Dr. Gilead Okolonkwo– who just recently got awarded a Doctorate in Zambia, was also nominated for Global Excellence-(Enterprise and innovative leadership) alongside other distinguished personalities such as His Excellency, Lt. General (Dr) Seretse Khama Ian Seretse Khama, former President of the Republic of Botswana, Karima Rhanem; President of the International Centre for Diplomacy, United Nations renowned Magna faith, Minister of Administration and Public Safety; Hon. Judah Nancy Cassel, Republic of Liberia, Hon. Diepreye Abaye Leghemo.
BeepMagnet Intl group is pleased to identify with WHAF as we promise to use technology as our defector strength to support a decent living for humanity. We are committed to using Technology to advance Economic growth and social empowerment join Dr. Gilead Okolonkwo as he expands on this subject.
According to Chairman Beepmagnet Int’l Group, his presentation will be centered on use cases of Blockchain technology, with a case study of BMCT blockchain. A technology powered by Beepmagnet Intl group, we are pioneer providers of blockchain consumer loyalty. BeepMagnet is focused on proof of use of BMCT blockchain through the following blockchain applications
a. Sisibox application
b. BMCT wallet application
c. Mobdoctor application
d. Qdiscount application.
I want to extend special appreciation and thanks to the leadership of WHAF Governing council, principal consultant Ambassador Hillary and Chairperson Hon. Erica Thomas for Recognising personalities who are contributing in their space to impact value within their immediate and extended Environment. This gesture is so appreciated that it encourages us to do more for humanity.
On my part as a blockchain enthusiast, we will not rest as we are committed to educating, sensitizing, and innovating technology which is the key for African economic growth and social empowerment. Africa must not be left out in contributing to solving problems with blockchain solution , our mission is to create an Africa model to empower as many women as possible, take them out of the unemployed dependent class through our blockchain applications, one of which is Sisibox: this is our Gift to Africa from Beepmagnet international Group.
Catch Dr. Gilead Live on Inside Blockchain
France To Push For EU Partners To Adopt Its Cryptocurrency Regulatory Framework
It has been a formalised fact that the French parliament had cautiously approved a regulatory framework that included rules aimed at attracting cryptocurrency issuers and traders to establish their companies and platforms in France by giving them some official recognition. In the other way, this law ensure that these issues and traders are appropriately taxed based on their profit generations. This financial regulatory framework was passed on last week.
This new cryptocurrency regulation passed in France is obviously the first of its kind adopted by a major nation. Unarguably, it will allow firms that want to issue new cryptocurrencies or trade existing ones to apply for a certification.
As has been stated before, the certification will be granted by the French market regulator for those who want it. And hence, issuers, traders, custodians and investors will have to pay taxes on profits they make on those securities.
The major goal of this regulatory framework is to set up a market in mostly in the city of Paris for companies raising capital through cryptocurrency projects which would allow France to grab a slice of the expanding business while giving it some oversight of a niche which some fear could be a target for speculators.
Under this regulatory framework, France authorities would verify who is behind a new coin’s issuance or a trading platform, and check the companies’ business plans and anti-money laundering rules. The certification will give investors basic guarantees against outright fraud, but will not protect them against losses. However, the specific requirements companies need to abide by to get the regulatory stamp of approval are still to be defined by government decrees.
In the wave of this development, according to Reuters news report, France will ask for the European Union to adopt a cryptocurrency regulations similar to the one it brought in last week at a national level, becoming the first major country to do so.
This proposal was made known by Minister Le Marie in Paris at the event on blockchain technology. In his words: “I will propose to my European partners that we set up a single regulatory framework on crypto-assets inspired by the French experience. “Our model is the right one.”
Reuters equally reported that “the European Commission has recently launched a feasibility study on how to regulate the cryptocurrency markets, though no legislation is expected at least until late 2019 as the mandate of the current administration is ending.”
KuBitX Creates Africa’s first usable Stable Coin among other milestones
Over the past few weeks we at KuBitX have been busy fine tuning our blockchain solutions while also working to raise some operational funding to help us go full blast with our marketing and scaling plans. The good news is that our efforts are finally paying off and you can rest assured we are taking this project further into the mainstream, where it needs to be. Remember KuBitX is all about adoption and inclusion?
In the past few months, we have also been working on how to ensure our supporters get the best value for their contributions. We understand one of the ways to do this is to bring more utility and relevance to our native exchange token (KBX – KubitCoin) and a number of business decisions have been made regarding the way forward especially when it comes to listing and getting it into the hands of more people both in crypto and the mainstream. We will talk more about KBX later but let us first discuss our issuance of Africa’s first usable stable coin.
Naira Stable Coin (NGNX)
Stable coins. We have all heard of them but they have either been associated with scandals or are typically merely used for trading against crypto pairs. We believe this amazing innovation of blockchain technology can be put to better use such as facilitating real life merchant payments, instant currency swaps and cross-border remittances. It is for this reason that we created NGNX, Africa’s first usable stable coin — a digital asset pegged 1:1 to the Nigerian Naira.
Why did we start off with NGNX?
Nigeria boasts the highest population, highest youth population and highest mobile device penetration in all of Africa. It has the biggest economy and it’s teeming youth population are strong adopters of crypto — an evidence which can be seen in the volume of Bitcoin traded by Nigerians monthly. By creating this Naira pegged asset, we are not only helping more mainstream people to embrace certain applications of Blockchain tech, we are also facilitating further adoption of the technology and thus helping it mature better and faster in our own way. Our NGNX will be “swappable” in real time with other pegged tokens we plan to create once all the business and audit procedures are set in place.
Today, people who own NGNX can currently use it on KuBitX PROW to:
Send XLM to their peers in any part of the globe
Receive funds from their peers across the globe via XLM swap pathways. More pathways are being created starting with other countries in Africa.
Pay for airtime, internet, entertainment, utility and other services for over 3000 merchants in Africa’s largest economy
Fund their KuBitX Exchange account to exchange for other kinds of assets listed on the Exchange.
Fiat Payment Gateway Integration on Exchange
A major challenge crypto adopters in Africa and other emerging markets have is the difficulty in obtaining the top crypto (BTC, ETH, XLM etc) or the fact that they usually buy them at a premium, and often with steep transaction fees. Since we pride ourselves in helping adoption and fostering inclusion, we have decided to integrate a fiat payment gateway to the Exchange so that people can more easily invest in promising assets and projects they want without losing time and money due to the volatility in a high frequency trading environment. Our fiat gateway also ensures people can buy assets closer to the real price without having to pay the steep 2–3% fees being offered by the likes of MasterCard or Visa. It is another way of showing how much we care about how much we can give to our community and not merely what we can take from them.
Currency Conversion on KuBitX Exchange
For the sake of ease and convenience of portfolio management, we have added currency conversion to the settings so that our users can decide to see the prices of assets as well as their wallet balances in any of the currencies we have made available most notably the NGN, KES, ZAR, UGX, USD, GBP, RUB, EUR and CAD.
You may have noticed the reduction of the available trading pairs on the exchange, but you will have also noticed that the available pairs are coming alive. In the following weeks, we will be working to ensure there is more liquidity for the projects listed on the exchange. We do not believe in listing every project out there, we only want to list the most viable ones we can access. As our operations stabilise even further, we will be conducting community voting events as well as initial exchange offerings to bring on board high quality projects for our esteemed users.
Bonus referrals and Loyalty Discounts for payments using KBX
We believe in giving back, we cannot emphasize this enough. For this reason we will be giving back money to our users whenever they or their referrals pay for their bills on KuBitX PROW. When a referred person pays a bill, the referrer gets 5% of the transaction fees. A referrer is also eligible to earning 3% of the transaction fee of his/her downline’s first referral. People will always pay bills so we believe this is a good way for mainstream adopters of our KuBitX PROW to earn passive income.
In addition to the bonus referral payments, we have also negotiated discounted transaction fees for our users when they pay their bills on the PROW using our KBX tokens. This helps the user get a good deal as well as adding more utility to the token itself which benefits all owners.
Work is also ongoing to allow our esteemed community to be able to stake their KBX tokens for periodic rewards. More information will be provided on this at a future date.
One more thing (One Big Partnership)
We signed a huge deal to co-create something that can change the way funds/value is moved across Africa by people and especially mainstream businesses. We are super excited about this partnership and we believe it is positioning us further in an influential place within Africa and beyond as far as Blockchain innovations is concerned. We will share more details of this after the Easter break.
Yet one more thing (#BWCLagos19)
Women across Africa attended the maiden Blockchain Women Conference held in Lagos, Nigeria which was attended by the likes of Eric Annan (KuBitX CEO) and Reggie Middleton (Veritaseum CEO). At the event, KuBitX CEO pleaded with Africans to let go of a scarcity mentality and start collaborating to build strong and meaningful blockchain projects so that in the next few years, Africans can look at themselves as Blockchain solutions co-creators and not merely consumers as has been the typical trend with past major technology waves.
When also puzzled about why KuBitX was giving so many top notch features out so cheaply, Eric Annan responded to say:
We are focused in bringing value to the entire continent, because Africans have been saddled with exorbitant charges, poor customer support including random unexplained closure of accounts by some platforms. We are more concerned about the people and the value we can bring them, hence we will continue to strive to make it easier for the continent to have easier access to useful and reputable digital assets in the coming months. We plan to do this with features such as card payment and direct bank deposit. This is only possible as a result of our commitment to strategic synergies and partnerships with the mainstream.
Thanks for your patience and support so far. Keep supporting us as we work to bring you value both in how we serve you as well as how we make KuBitX bigger and stronger. We have a few other things cooking which we would only be at liberty to share once all the background and paperwork has been completed. For now, the team will just keep doing what they know best — work, innovate, collaborate,deliver, improve, rinse and repeat.
Happy Easter Holidays
West Virginia Set To Use Blockchain Voting in the 2020 Presidential Election
In the upcoming 2020 US presidential election, West Virginia state is warming up to utilise Blockchain technology in casting of votes as an outcome of their successful trial the previous year where it is been recanted that West Virginia became the first US state to use mobile blockchain voting for a midterm election.
This innovative thought of utilizing blockchain technology in the 2020 Presidential election by West Virginia was reported by LongHash on April 15. According to LongHash, West Virginia will again use Voatz, the mobile blockchain voting startup, in the US 2020 Presidential election.
Donald Kersey, the elections director and deputy legal counsel in the West Virginia Secretary of State’s Office, in an interview with LongHash, hinted that the state (West Virginia) will continue to use blockchain voting.
“Using the Blockchain system makes more sense for the security of all data than relying on one server. The Blockchain offers a safer system. There are dozens of nodes that record data. In addition, data is encrypted in ways that are almost impossible to solve. It is illogical not to use it. when there is a system like that, ” Kersey said.
Kersey made it known that a big part of why the state is utilizing mobile blockchain technology for voting is to better enable military personnel stationed outside of the United States to cast their votes because the military personnel stationed outside of the country find it very difficult and sometimes even impossible to submit secure ballots on time, either by mail or electronically.
In his own words: “In America, we have a democratic government. The folks that represent us, that pass our laws, they are elected by the populace. And a big part of our community in America is our military.”
Kersey’s stance is anchored on the fact that many voters do not even vote at all. This ugly situation is been ascertained by the Federal Voting Assistance Program which once reported that only around 7% of overseas voters submitted ballots for the 2016 presidential election. Hence, as a good reaction to this situation, Kersey believes that a simple, secure, and easy-to-use mobile blockchain application is the answer, as it is better than submitting ballots through a single server and easier and faster than mail.
While Kersey is all for mobile blockchain voting to increase the number of voters, especially those overseas, he hinted that he doesn’t see it taking over traditional means of voting anytime soon, and expects to receive some reports for using such new technology.
Highlights From BAL’s Blocktech Women Conference 2019
As it stands Lagos ranks as one of the top cities in the worlds that conduct researches on the internet on the blockchain. This is a result of some of those of these researches. #BWC2019 was a success.
The just-concluded Blocktech Women Conference #BWClagos2019 hosted by Doris Ojuderie of Blockchain Africa Ladies was a major blast. It was one of the first blockchain conferences hosted within the Lagos blockchain community in 2019. The event sought to promote blockchain in areas of awareness among women using Education and life-changing stories of the keynote speakers.
The conference with the theme: THE LOOMING FINANCIAL REVOLUTION; AN ENGINE FOR SOCIAL TRANQUIL had speakers from The United Kingdom, United States, Canada, Abuja and was attended by participants both locally based and those who came from neighbouring cities within Nigeria from different walks of life – some of which had no prior knowledge of the Blockchain Technology.
The conference schedule featured activities from Panel sessions (Why Arent There More Women in Blockchain and What Are The Future Trends of Blockchain and Cryptocurrencies) to Training sessions( Crypto Trading Live, Programming skills and language, Entrepreneurship a Longrich Presentation). It also had a well-packaged workshop which gave participants practical knowledge to understanding blockchain and decentralization concepts.
The support from different blockchain communities for the lady-driven blocktech conference was second to none. Among many sponsors were Beepmagnet International Group – initiators of the sisiBox project, KubitX – Africa’s leading exchange built by Africans and for African, SiBAN – Nigeria’s Blockchain Stakeholders Association saddled with the task to self-regulate the industry within Nigeria, Dash Nigeria, Veritaseum Gold Platform built on the Blockchain, Nepsium – a swift crypto exchange platform and lots more.
Media practitioners were also represented in the conference, strategically to take feedback from attendees on the experience and delivery. e-blockbuzz, Zilla, Digivation, ADMP and Cryptotv Plus had more than enough content to share with their communities in the coming weeks.
As it stands Lagos ranks as one of the top cities in the worlds that conduct researches on the internet on the blockchain.
It is exciting to see women take the lead in the blockchain and if we must see blockchain penetrate the grassroots, we need more women in the space as they are the best educators, natural builders and great influencers of the future.
Find the summary of the events in Pictures as put together by Cryptotvplus.
For full event coverage of your Blockchain event, Contact us.
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