Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Apollo Currency-|APL|-|Proof of Stake|-
by
pariscrypto
on 19/06/2019, 00:05:26 UTC
African Development Funding Group Partners With Apollo Currency (Endorsing It’s Use & Adoption To 54 African Countries)


African Development Funding Group (ADF Group) + Apollo Currency
June 13th 2019, African Development Funding Group (ADF Group) made an international announcement in support of the Apollo Currency, to encourage the use and adoption of cryptocurrency at a continental level across all of Africa. This release was featured across the industry.

Yahoo Finance
PRNewswire
WRCBtv
MarketsInsider


What is The ADF Group? (African Development Funding Group)
The ADF is an international investment company with a rapidly growing asset base.

ADF has developed a number of wholly-owned operating companies to undertake specific execution activities in select geographies.

 

These have been structured into the classical Primary, Secondary and Tertiary economic sectors.

Primary: Investments in the retrieval and production of raw materials through the following vehicles;

ADF Mining Ltd
ADF Agriculture Ltd
ADF Manufacturing Ltd
Secondary: Investments in products and service transformation processes through the following vehicles;

ADF Construction Ltd
ADF Estates Ltd
ADF Plant Lease & Hire Ltd
Tertiary: Investments in services to consumers and businesses.

ADF Technology Ltd
ADF Health Ltd
ADF Security Ltd
ADF Retail Ltd
ADF Group was originally founded as an investment company focused on Africa. As part of its expansion strategy in 2013, the head office was established in Hong Kong and its scope of operations transformed to include other developing regions of the world, and also specific advanced markets in order to fully exploit international investment strategies. ADF Group has since grown and evolved into an international fund management and private equity company with interests now spanning Asia, Europe and Africa. - Information Provided by https://www.adfgroupltd.com




Apollo Features
Private Transactions
Public Transactions
IP Masking
Monetary System
Coin Shuffling
Alias System
Asset System
Multi-Signature Accounts
Encrypted Messaging
Decentralized Exchange
Decentralized Marketplace
Phased Transactions
Voting System
Allows 3rd Party Plugins
Authentication System
Balance Leasing
Smart Contracts
File Transfer
Data Cloud
Transaction Fee Dividends
Safe From 51% Attack
Sharding
Sustanability
Adaptive Forging
Decentralized Applications (Dapps)
Transaction Speed - The Worlds Fastest Blockchain


Our Take
Africa has been leading the way for mobile money customers since 2018, accounting for over 45% of all registered users. This trend will continue with the adoption of a cryptocurrency in their region. The biggest opportunity for mass adoption within the blockchain industry is to give the unbanked an opportunity to create and store wealth. To my understanding most of these locations have little to no banking services available in their region but they are heavy on mobile payment adoption. People in this region haven't been taught to use a banking system so there is no need to allow time for a financial transition in these locations. A better way to explain this is, these people are learning about finance from scratch. Therefore, most of the people in this region will only ever identify "Finance" or "Money" with a "Cryptocurrency" such as Apollo.

Apollo could potentially become the only currency some in this region ever identify with. There are 1.2Billion people in the Continent of Africa. This is extremely good news, not only for the Apollo project but for the entire cryptocurrency & blockchain industry. This partnership alone has the potential to expose 1.2Billion people to cryptocurrencies. To put this into perspective, there were only 34,660,975 blockchain wallet users in total at the end of the first quarter of 2019. That's a whopping 34 times the amount of total blockchain wallet users in the world right now. Take a second and think about that...


Moving forward, I can think of a thousand different ways Apollo Currency can be implemented into the different industries the ADF GROUP is involved with. Let's make a list..

Manufacturing - Product ID's & Worker Identification can be stored on the blockchain with multi-level verification available for each product produced.
Health - Medical records for this entire region can be stored on the blockchain data cloud, encrypted & masked using Apollo's privacy features.
Security - High level security could be verified using a blockchain signature to enter or leave a facility, they could also use blockchain privacy for file transfers.
Retail - Entrepreneurs in the region could use the Decentralized Marketplace to sell goods and services.
As you can see, there are many different opportunities this partnership provides for both parties. Only time will tell how they will implement the Apollo Blockchain.