Afrikanus Kofi Akosah: Our XinFinite in Zambia, Africa

Discussion in 'XDC Development' started by Kavita Gupta, Jul 26, 2017.

  1. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    So far Kofi has made contacts with the business community and his Meet-Up for business is scheduled in two weeks from now. He has also run a radio interview that he managed to get at the lunch time slot on 21 July 2017. He has got a video that is already available on YouTube and on our Twitter handle @XinFinF .

    TV interview was also scheduled on 21 July 2017. On the government side, they want him to put the press in the dark till the team arrives in Zambia & XinFin runs a press conference. He's scheduled to meet the Finance Minister in coming days, so they can agree on a date to invite the team over. He met with the city mayor briefly about the burnt market.

    Thanks.
    Team XinFin
    Mark and foscarr like this.
  2. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    Kofi on Radio Interview.jpg

    The XinFin Radio Show Highlights:


    Kofi, Our XinFin Agent starts explains:


    · How Blockchain network works?


    · What all you can do with Blockchain?


    · The uniqueness of Blockchain.


    · The Cryptocurrency Revolution.


    · What is Cryptocurrency?


    · What is XinFin?


    · What does XinFin do?


    · What is XDC token?


    · How does XinFin work ?


    · How does XinFin motivate financiers to invest in infrastructure projects of different countries?


    · What all projects XinFin is working on under infrastructure domain?


    · In what countries XinFin projects are going on?


    · How XinFin is trying to enter Zambian market after India?

    And much more...

    check video here
    Mark and foscarr like this.
  3. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    upload_2017-7-28_12-30-44.png

    The XinFin Interview on TV Highlights:


    Kofi, Our XinFin Agent explains:


    · How Blockchain network works?


    · What all you can do with Blockchain?


    · The uniqueness of Blockchain.


    · The Cryptocurrency Revolution.


    · What is Cryptocurrency?


    · What is XinFin?


    · What does XinFin do?


    · What is XDC token?


    · How does XinFin work ?


    · How does XinFin motivate financiers to invest in infrastructure projects of different countries?


    · What all projects XinFin is working on under infrastructure domain?


    · In what countries XinFin projects are going on?


    · How XinFin is trying to enter Zambian market after India?

    And much more...

    check video here.
    Mark likes this.
  4. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    A mention of XinFin on Cointelegraph

    Blockchain Use Case: Addressing Corruption, Social Problems In Africa


    Blockchain.jpg


    Inadequate infrastructure is a major problem faced by Africa and other developing parts of the world.

    Besides the technical implications that have hindered the infrastructural development of the aforementioned parts of the world, human interference is also key in slowing down their rates of development.

    Afrikanus Kofi Akosah Adusei, acting Africa community manager of XinFin, emphasizes the poor state of infrastructural development in Africa:

    "Globally there are more than three mln people without electricity and almost a million without access to clean water. Our mission is to create incentives for financiers and encourage them to finance low profile projects."

    The statement was made at a meeting held on Saturday, July 22, 2017 in Zambia, where about 40 African business men and women came together to learn how the company is using the Blockchain to provide low-cost infrastructure financing around the world.

    Corruption hinders development

    Cases of tedious bureaucratic procedures, coupled with deliberate human obstructions make the award and execution of contracts a major bottleneck towards infrastructural development in developing countries.

    Allegations of corruption at various levels usually lead to inflation of contracts despite the low revenues of most of these developing countries. This and many more factors have been responsible for various setbacks and the slow development in Africa and other parts of the world.

    Solving social problems

    One of the major obstacles that have hindered infrastructural development in regions like Africa is the absence of transparent contract procedures. Considering the characteristics of the Blockchain, with transparency and immutability as fundamental properties, it is expected that corruption in the form of bribery and diversion of funds would become a thing of the past using such systems.

    Another Blockchain company that is currently disrupting traditional infrastructural processes in Africa is Bitland. In the case of Bitland, real estate which is usually a cultural aspect of the people is introduced into a revolutionary system of inventory.

    This solution is expected to bring along a cost effective way of transfer or trading of landed properties, by eliminating the services of middlemen. But most importantly, the opportunity of opening up an immutable and transparent registry is expected to significantly reduce the erstwhile common land disputes which have been responsible for so many social crises and deaths, especially among natives.

    Education first

    Despite the progress made by these companies among several others, one fundamental aspect of Blockchain revolution in Africa where a lot of work needs to be done is education.

    The promise upheld by most of these beautiful projects cannot be denied. However, assuming that the expected consumers of such products will naturally align with such disruption may be asking too much from the people.

    Therefore, it is essential that regular and intensive hangouts, seminars and deliberate awareness programs be organized very often by solution vendors.

    The room for development in Africa is enormous. The citizens are also curious and eager to embrace the promise laden technological advancement. However, the horse must be put before the cart. Blockchain education is very necessary.

    Read the whole story here.
    Mark and foscarr like this.

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