Solving the Prosperity Paradox
We are addressing a number of challenges that the African continent faces today, even though progress is being made in internet connectivity and closing the digital divide. We are in a unique position with the advent of mobile ubiquity and distributed ledger technology come up with innovative solutions to leapfrog into the future.
- In developing economies, vendors do not necessarily have bank accounts and is underserved, therefore are unable to fully participate in eCommerce.
- Commercial bank branches (per 100,000 adults) range from between 2 and 24 throughout the African continent as opposed to 34 across the United States. Such low branch per adults ratios make it difficult to transact and fulfill financial needs.
- Furthermore, micro, small and medium entrepreneurs (MSMEs) in particular are disadvantaged when it comes to access to business finance and financial systems.
- To participate in traditional business-to-business marketplace, sellers must have physical stores effectively discarding non-branded lower quality products and services
- Until now, sellers have had to hold expensive merchant bank accounts and pay high fees making online business expensive and only profitable with high volume sales
- In some cases, Mobile network operators (MNOs) have seized the opportunity to create convenient, low-value, inexpensive payment options in the form of mobile money.
- Cash flow problem remains to be the primary cause of small business failure.
- There is currently no Sub-Saharan African Digital eCommerce Platform to enhance trade and realize commercial targets of development programs such as BRICS
- In 2015, the BRICS nations, initiated consultations to establish a stable currency and for a payment system that would be an alternative to the SWIFT system.
- Household income is a major constraint to economic growth and inclusive prosperity
 https://www.indexmundi.com/facts/indicators/FB.CBK.BRCH.P5, Commercial bank branches (per 100,000 adults)
 “BRICS starts examining SWIFT alternative”. RT News. 17 June 2015. Retrieved 26 March 2016.
We are creating the next-generation fully inclusive Digital Economy – we offer buyers, sellers, organizers and market makers an inclusive opportunity to be part of a thriving eco-system that is built on the blockchain with retaining and growing the value of its own currency for peer-to-peer exchange.
We are confident that we’re entering an exciting new era with a convergence of technologies unlocking potential addressing problems in a way not previously possible.
We will be the #1 marketplace for exports from Sub-Saharan Africa serving the needs of a growing middleclass and realization of commercial goals and objectives within the BRICS countries amongst others.
 White paper – Bitcoin: A Peer-to-Peer Electronic Cash System, Satoshi Nakamoto, www.bitcoin.org
 85% of all African countries – The UN Development Program lists 46 of Africa’s 54 countries