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Industrial revolution in recent years, Africa has been making concerted efforts to ensure inclusion in the conversation. As a multipurpose African bank with over 200,000 customers around the world, DafriBank brings the Digital Bank of Africa (DBA) project into existence, and aims for making it Africa’s number 1 cryptocurrency. Taking a step forward, DBA is listed on trading platforms like LBank Exchange, to further expand its global influence and reach.
Introducing DafriBank
DafriBank is a multipurpose African bank that explores an easy and better way to save, make payments, manage customer’s money and business anytime, anywhere. The traditional banks are finding it difficult to cope with the demands of digitally-focused modern businesses, which has limited their growth. DafriBank solves this problem by providing exceptional digital banking services that are fast, secure, and cost-effective. Its goal is to democratize financial services, bring people out of the spiral of the traditional banking system and encourage people and businesses to join and prosper in the global economic scenario.
Over 200,000 customers across the globe use DafriBank for reasons such as no hidden fees, sophisticated security features, easy to pay bills, and no delays. DafriBank supports personal accounts as well as business accounts. The personal savings account is the account helping customers save towards financial security and peace-of-mind, and business account helps customers manage their day-to-day banking and unique business needs such as investing, making hitch-free 3rd party transactions, target savings, and fast-tracking international transactions.
Besides providing the existing services in an exceptional manner, DafriBank is providing avenues for the integration of newer technologies like AI, IoT, Blockchain and Digital Currency, so that not only is it up-to-date but also is well prepared for the ever-changing future needs and requirements.
Aiming for Africa’s №1 Crypto
Statistics from Google Trends have already revealed that African countries such as Nigeria, South Africa, Kenya, and Ghana have all consistently ranked in the top 20 countries worldwide in cryptocurrency-related searches, showing the huge potential of crypto in Africa. But the popularity of cryptocurrency and blockchain tech solutions in Africa while laudable leaves a lot to be desired. To drive more widespread adoption of the still-nascent tech that is blockchain and cryptocurrency, more innovative use cases need to be put forth to disrupt many more industries.
The solution that DafriBank came up with is DBA, a cryptocurrency setting to achieve elite status as Africa’s number one cryptocurrency due to its growing number of use cases that is tailor made for Africans. DBA was specifically created to act as an alternative currency used across DafriBank’s ecosystem to help its users harness modern tools such as blockchain and cryptocurrency to streamline banking processes. The token was later adopted as a governance token for the bank. In addition to having a say in the bank’s future decision, clients can collateralize DBA and earn interest.
Furthermore, the token is supported by DafriGroup’s daughter companies that cut across multiple industries including Banking and Finance, hospitality, real estate, and many more. These companies are all based on fully developed models and even without cryptocurrency are profit magnets in their own right. The DBA token is listed on LBank Exchange at 21:00 (UTC+8) on November 5, 2021, investors who are interested in DBA investment can easily buy and sell DBA token on LBank Exchange.
Evolving with a firm belief BY DBA
DafriBank has a firm belief and commitment to provide an empowering, enabling and accessible digital society, which leaves no one behind. In this ever-changing world, it is working to imbibe the culture of connectivity, digital skills and relative products which can help to close the digital divide. DafriBank also has a fundamental belief that there is a power in the connectivity and digital services to strengthen the capacity of economies. DafriBank believes that “It’s better to light up a candle than to curse darkness” and it enforces this belief by providing banking solutions which are truly: “Smart, Digital, and Borderless”.
DBA Roadmap
What the company targets in 2019 presenting the concept of idea, define market segments, estimating development cost has been performed successfully.
In the second quarter of 2020, developments such as project feasibility, preliminary research, team building, business development and logistics, initial investor donations of $ 5 million were made.
In the third quarter of 2020, DafriBank Digital Banking system, DafriExchange Web and Mobile Application, DafriPay was developed and DafriEstate was expanded by purchasing land. With the 4th quarter of 2020, DafriExchange is open to trade publicly. In addition, DBA Token sales, DafriBank Digital Banking system pre-registration and development of the DeFi application started.
In the first half of 2021, the DBA Token sale has ended. DBA Token listed in Tier 1 charts. The DafriBank iOS Mobile Application was launched and the DafriBank 1 million customer campaign was launched. DafriNative Wallet ‘was developed with DApp Integration and OMAHA Hotel Mthatha started to take reservations. Also, DafriBank was made public and Public use of DafriPay has been liberalized.
The goals planned for the end of 2021 include distribution of DafriBank ATM cards, integration of the DeFi Lending Protocol into the Dafri network, and a monthly 3% token distribution to investors.
Currently, the overall planning for 2022 includes the submission of the DafriBank commercial banking license application to CBN with a down payment of N 25 billion and the start of construction of DafriBank Nigeria headquarters. Also, the DBA Token will be accepted as the main currency in the entire DafriNetwork.
The DBA’s plans are ready for 2023 today. The plans started with the launch of DafriChain, the opening of OMAHA Hotels to West Africa, the start of the Preliminary Study of the DafriBlockchain African University (DBUA), the start of the Preliminary Study of the DafriPrivate Hospital, the establishment of the DafriSport Academy in 3 major African football countries, and it continues with the process of establishing DafriAir.
DBA Price Live Data
The live Digital Bank of Africa price today is $12.17 USD with a 24-hour trading volume of $80,999.71 USD. We update our DBA to USD price in real-time. Digital Bank of Africa is down 10.57% in the last 24 hours. The current CoinMarketCap ranking is #4428, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
If you would like to know where to buy Digital Bank of Africa, the top cryptocurrency exchanges for trading in Digital Bank of Africa stock are currently LBank, and Hotbit. You can find others listed on our crypto exchanges page.
DafriBank Digital LTD is a fully-fledged bank duly licensed and regulated by the Central Bank of Comoros Island and a member of Mwali International Monetary Service Authority of Comoros Island. DafriBank became the first bank in Africa to openly support crypto technology by issuing its market share through DBA crypto currency. The bank recently backed a start-up crypto asset solution DafriXchange Pro.
CONTACT THE FOLOWING FOR MORE DETAILS
DafriBank: https://dafribank.com/
Telegram group: https://t.me/DBATalk
Facebook: https://www.facebook.com/DafriBank/
Twitter: https://twitter.com/DafriBank?s=09
-Instagram: https://www.instagram.com/dafribank/
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