Why is Bantu Starting In Africa

Africa is home to many of the world’s biggest opportunities with a tremendous economic potential estimated at $50 Trillion by 2030. The continent has the largest concentration of youth population around the world, who make up a staggering three quarters of its entire population.
It is on target to account for more than half (approx. 54%) of the global population growth in
coming decades and be home to 1.7 billion people, whose combined consumer and business
spending will total $6.7 trillion.
Since 2000, at least half of the world’s fastest-growing emerging market economies have been in Africa. Rising household consumption is predicted to reach $2.5 trillion by 2030 on the backdrop of this changing demographics and improving business environments across the continent boosted by regional integration, particularly intraregional trade and investments.
Combine the continent’s soaring population with technology, improvements in infrastructure,
agriculture, health and education, Africa could be the next century’s economic growth powerhouse. We see a tremendous opportunity in leveraging our technologies (Blockchain, IoT, Artificial Intelligence) together with strategic partnerships to take advantage of this Fourth Industrial Revolution (4IR).
Why we are starting in Africa
There is virtually no aspect of African social, economic and political life that is not in one way influenced by this first principle of value sharing as a form of economy.The continent’s historical account refers to a time when a robust reciprocal exchange economy sustained the society
through culturally enforced agreements to give goods, services, information, or money in exchange for future compensation in-kind.
We believe this spirit is native to Africa and her peoples. Our will is resilient, and we now have the tools and talent to build a better value system for ourselves.
This is the spirit of BANTU.

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Thank you Bantu for coming to Africa, for choosing us first…it’s great pleasure for this opportunity and how the Bantu team has chosen to empower so many people here…it’s a privilege to be part of your team…Bantu for forever

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  1. What consensus algorithm/protocol does the Bantu blockchain run on?
  2. Are the tokens Mineable?
  3. What’s the relationship between Sterling Bank and Bantu?
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@emmykarter With the ratification of the African Continental Free Trade Area (AfCFTA) it is imperative for Africans to collaborate in invention, innovation, production and distribution in order to overcome the uncertainty and challenges brought about by change especially with the emergence of disruptive technologies like Blockchain and Artificial Intelligence and other emerging technologies of the fourth industrial revolution.

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@Mccoyevans The Core features of Bantu Blockchain are:

  • Real time settlement of 2-5 seconds. Over 15,000 TPS.
  • Highly secured cryptographically using Elliptic-curve cryptography.
  • Global reach with single integration with effective asset control options.
  • Low cost. Ability to process over 100,000 for less than $0.01.
  • Support for smart contracts and regulatory AML/KYC Compliance support.
  • Built-in Currency and digital asset Decentralized Exchange.
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@Mccoyevans Sterling, one of our global partners. A tree doesn’t make a forest.
We believe that every single person in our ecosystem playing their respective roles in the community is what truly makes Bantu special and the ecosystem tick.

Together we will build a technology that truly empowers humanity!

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Africa is the home of Bantu. Now with this technology, her people have the tool to do what is natural to their way of life: sharing and exchanging value in openness and transparence.

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I believe in this project call Bantupay blockchain foundation. And I believe with time Bantu will not fail to overcome or surpass those before it. Bantupay to the moon.

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In addition to this, who noticed any product from a company or in any aspect that came to Africa and we accept there product will make many figures in money…

Most company overseas are targeting Africa

Most especially when Nigerians take the product as a competition among themselves :grin:

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@stepharnite Especially if the product, is simple, easy to use solution that solve real Africa pain points. E.g Bantu Blockchain Infrastructure
Most solutions, especially ones that are created by people who are “foreign” to the industry or geographically or culturally outsiders to Africa, tend to be too sophisticated not solving real pain points that Africa faces. At the end of the day: it is not about the technology you offer but more about the real value that helps people meet their business and personal goals.

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