By using innovative low-cost crypto-technology to
drastically cut transaction fees, Easyshare will also allow consumers to
perform micro-transactions safely, securely and affordably.
Speaking on the launch of the beta platform, Ben Onuoha
Co-founder and Head of Partnerships & Community at EasyShare.Africa said,
"Easyshare was born out of a lot of research. Bitcoin and Ethereum have
definitely offered more people access to the global financial system -- but
African consumers have repeatedly told us that Bitcoin and Ethereum can still
be way too expensive to use in many cases, and it is therefore, not necessarily
the answer for the financial needs of all communities. More African Bitcoin and
Ethereum users are increasingly using other cryptocurrencies which offer better
value for money”.
Onuoha added: “In response to consumer demand, we are solely
focused on the ease of sending and receiving value through cryptocurrency using
the most affordable means. Our vision is to bring Decentralized Finance (DeFi)
to low and middle income countries where remittances account for 5% or more of
GDP and make these DeFi services more accessible."
The threshold for sending and receiving money using crypto
on EasyShare.Africa is capped at a maximum of US$2,500 per transaction and a
minimum of US$1. Users can seamlessly send money to a mobile wallet or bank
account using crypto in five easy steps. EasyShare.Africa supports a wide range
of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Tether (USDT
ERC20) and other low transaction cost cryptocurrencies such as Binance Coin
(BNB), Litecoin (LTC), Tether (USDT TRC20) and Tron (TRX). More cryptocurrency
options will be added in due course.
The Easyshare.Africa platform is crowdsourcing to meet its
expansion plans
In addition to serving ordinary consumers, Easyshare.Africa
is committed to extending its impact, by pioneering the world’s first
decentralized network of verified peer to peer crypto-powered remittance
agents. Current crypto remittance systems and peer to peer platforms use
centralized escrows to guarantee settlement.
This centralized escrow model is oftentimes plagued with bad
actors, as well as centralized judges and juries settling disputes.
EasyShare.Africa improves on this crypto peer-to-peer remittance model by
adding a decentralized layer where verified remittance agents can stake SHARE
Token – the native crypto of the Easyshare ecosystem - as collateral/insurance
to guarantee the agents complete transactions.
The Easyshare model is poised to contribute to eight out of the seventeen United Nations Sustainable Development Goals (SDGs) by making a case for the unbanked and underbanked through offering various services such as micro remittances, microfinance loans, savings, insurance, payments, e-commerce and more for low-income populations in Africa and other emerging markets. To learn more, please visit https://token.easyshare.africa.
Visit our website: https://www.easyshare.africa/
Token: https://token.easyshare.africa/
Help: https://help.easyshare.africa
Facebook:https://www.facebook.com/easyshareafric
Twitter: https://www.twitter.com/easyshareafrica
Instagram: https://www.instagram.com/easyshareafrica
Telegram Group: https://t.me/easyshareafricacommunity
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