Google is no longer accepting extensions from its Chrome Web Store that mine cryptocurrency as it works at protecting users’ from extension cryptojacking. The California-based company made the announcement earlier this week, stating that existing extensions that mine digital currencies will be delisted from its store in late June. It added, though, that extensions with […]
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Friends, we are pleased to inform you that we are inviting ICOs and start-ups targeting the B2C market for a joint strategy in the framework of global competition. This partnership is proposed with the aim of providing better services to customers by combining our efforts.
For all B2B partners of LevelNet, we offer free use of our service capabilities.
The following companies have already joined us:
MicroMoney is a decentralized microfinancial platform for lending to clients. Together with MicroMoney, our goal is to provide reliable protection for MM users and infrastructure from the vulnerability of the financial sector to cyber attacks.
Together with decentralized marketing platform HOQU, our main task is to ensure the security of the infrastructure and users, making transactions as reliable as possible.
Wings – crowdfunding DAO-platform for evaluation and financing of blockchain. Chronobank is a blockchain project aimed at the development of HR and financial spheres. Understanding attractiveness of financial sphere for cyber criminals we help our partners and their users to ensure reliable data protection,
We have joined forces with these companies to get common advantage in global competition and achieve high goals in scaling the infrastructure.
Many projects on the ICO market are focused on mutual competition, and our idea is to conclude strategic cooperation agreements with start-ups. This will unite customers of our companies into a single global community and expand the ecosystem, providing users with more functional and, at the same time, better protected products on the services market by integrating our platforms solutions.
Pavel Shkliaev, CEO and founder of LevelNet
“Today, the cryptocurrency market opens up opportunities for start-ups to work on global markets, it is a great chance for joint achievements and a step into the future for uniting and providing the best service. I do encourage all start-ups to unite their efforts and create an ecosystem at the very beginning of the way,” explains Pavel Shkliaev, CEO and founder of LevelNet.
We offer our users an inexpensive, efficient and easy-to-use solution to provide real-time reliable protection. LevelNet is an innovative, decentralized platform for ensuring cyber security. Our platform integrates relevant data from several sources – information security platforms and antivirus software. All incidents and realized threats are recorded in a distributed security database and information is transferred to other users, thus preventing further attacks.
We invite start-ups to join our partners community to jointly develop the ecosystem and create a powerful competitive community in a global market economy.
In addition, we are conducting the second stage of our ICO (public sale) in order to attract new members to our community and we invite everyone to join!
This is a paid press release. BTCManager does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. BTCManager is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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and indeed the entire industry is seen as being a . In fact, the general narrative that describes the demographic distribution of the industry is one in which it is populated by Caucasian males between the ages of 18 to 40.
BitPesa Since 2013
This gender divide isn’t strange when one considers that such similar demographic distributions are common throughout the technology sector. However, Elizabeth Rossiello is one of the few exceptions to the rule. Rossiello is at the heart of a growing bitcoin revolution in Africa called .
Elizabeth Rossiello founded BitPesa in 2013 in Nairobi, Kenya. Before then, she had previously worked at Goldman Sachs and Credit Suisse. After the financial collapse of 2008, the New York-native moved to Africa and had a first-hand experience of the payments market in the continent.
She worked with a number of microfinance organizations and was inspired by the way in which the then recently launched was transforming the payments arena in East Africa.
Having just been introduced to bitcoin and blockchain technology that same year, she realized that it could have broad applications in the payment sector. That was how BitPesa was established and has gone to experience robust growth, recently opening a new office in Ghana. As such, the platform now operates in seven different African countries.
Speaking about the journey so far, Rossiello that:
“It can be frustrating because this technology is new and the media is riding the waves of excitement and collapsing optimism based on its price, while every day we’re over here demonstrating industrial use cases for bitcoin and blockchain every day.”
How BitPesa is Transforming the Payment Arena in Africa
BitPesa isn’t just a bitcoin company; it also offers mobile money and cross-border payment solutions in a market that has traditionally found it difficult to transact with overseas businesses.
As a result, the company can provide a suitable platform for business-to-business () transactions, especially for .
One of the principal markets in which BitPesa has found success is in enabling payments to foreign suppliers. According to Rossiello:
“Typically, you’d need a foreign counterparty to assist in that kind of transaction, but BitPesa lets businesses use bitcoin or another currency to buy those supplies and avoid going through a foreign cash window.”
However, with the aid of BitPesa’s services, customers can now undertake large value transactions with overseas partners in a much more cost-effective and comfortable manner. The company also runs a cloud-based API which allows for easy integration with partners.
The company has so far amassed more than $10 million in several rounds. Rossiello believes that cryptocurrencies can take center stage as far the commerce sector in Africa is concerned.
Other Blockchain Payment Solutions in Africa
BitPesa isn’t the only bitcoin company that is seriously tackling the African market as there are a handful of startups committed to providing bitcoin services for different sectors of the emerging market in Africa.
One area of interest for many of these companies is the remittance market which according to studies, faces the highest remittance cost in the world. According to the , Nigeria is the most extensive remittance market in Africa and the fifth largest in the world.
More than half of all global remittance is for non-cash purposes and as such, , a Nigerian-based startup that is targeting the non-cash remittance market, is looking to power these types of transactions, making them less complicated and more cost-effective.
Immigrants can also use the platform to send e-vouchers to their loved ones which can then be exchanged for goods and services. The platform raised $7 million during its ICO.
is a peer-to-peer remittance platform based in South Africa. The platform runs on a blockchain and permits cross-border transactions without the need for rigorous documentation requirements. The platform charges a three percent fee and no bank account is required to send or receive money unlike mainstream remittance firms like and .
In a country where a significant number of rural dwellers are unbanked, such a consideration goes a long way to making it easy for them to receive money from overseas.
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