MOBU - The Growing Currency of Africa

Blockchain is a highly secure system facilitating the recording and tracking of information in a way making it impossible or difficult to hack, change, or cheat the system.The information may be tangible (a car, house, cash, land) or intangible (patents, intellectual property, copyrights, branding). Therefore, Blockchain, enables the presence of cryptocurrency. In a simple way if we try to understand, cryptocurrency is one of the many applications of Blockchain. A cryptocurrency is a digital medium of exchange currency using encryption techniques to control the formation of monetary units and to authenticate the transfer of funds.

MOBU is a highly trustworthy Blockchain open for the public to join and use token transactions. In the era of digitalization, the institutional financial sector facing privacy issues with some low-tech systems. Therefore, offering a security tokens becomes extremely challenging due to the extent of legal, technical, and regulatory procedures and requirements. MOBU aims to overcome this obstacle. It supports Windows, Linux and Mac servers. The technology used behind the MOBU Blockchain has ability to crack many real-world problems thus offer an excellent economic structure and business model. MOBU was the largest ICO out of Africa with a leading international advisory board at the stage.  MOBU originally was an ERC20 token but intends to upgrade to their own advanced blockchain solution.  Founder, Juan Engelbrecht has been innovative since the beginning of crypto and believes MOBU has the potential to become the currency of Africa as it is simply more efficient.  
MOBU solves the below problems that a Blockchain programmer should face as it is an emerging concept and no single individual could pretend to be perfect in all Blockchain developing skills:

• The data structure is well organized in the MOBU Blockchain by highly experienced engineers. As needed for the deployment and advancement of systems, MOBU engineers are engaged promptly with the data structures skill.

• The MOBU developers are aware that smart contracts area popular concept in the business, therefore, MOBU aspires to use smart contracts.

• Cryptography is an approach for designing algorithms and procedures to prevent a foreign entity from reading and understanding content from private messages throughout a communication session. This approach has been well identified and used by MOBU.

• Interoperability is the potential of viewing and collecting information across many Blockchain systems. As the information cannot be shared across the MOBU.  Blockchains, unfortunately, interoperability is not attainable at present. Therefore, interoperability between Blockchains is accomplished using application programming interfaces.

• Transaction speed is very high: 1500-2000 tps/sec and confirmation of transactions within few seconds.

• There is no Stipulation code

• Environment friendly – although MOBU intends to initially adopt a POW consensus methodology the difficulty is set that is will remain easy to be mined even with a smart phone to save electricity costs.

Here, we can conclude that MOBU is an excellent way of exchange of monetary value adhering to all issues faced by many developers.  Can MOBU solve the unbanked issue in Africa? Only time will tell.

MOBU Founder Juan Engelbrecht

Digitization is the most significant revolution in banking. The banking process is now speedier and more reliable than before. Document and record maintenance and retrieval have become considerably faster and easy. The basic banking system is also improved by digital banking.

Along with the rise of nontraditional fintech services and challenger banks, many of the most open banking services have become stand-alone solutions. Banks frequently act as a connecting point between their customers and other service providers.

While some banks and credit unions have chosen to begin this mobile-first transition with a comprehensive core conversion, others have discovered that modular banking is less expensive, faster, and easier to implement. A modular approach allows companies to adapt faster to change and implement new strategies. There are many aspects of the traditional legacy banking system that becomes obsolete and too expensive and slow to be feasible allowing opportunities for fintech’s. Something as simple as changing from a fixed interest rate to a variable rate for a traditional bank can be time consuming compared to a fintech where it is nothing more than a line of coding.

Given the restrictive nature of the banking industry, some banks believe that the concept of gamification in banking is inappropriate and non-viable. Others, however, have realised that banking should not be so strict. With this in mind, they set out to investigate the possibilities for using game mechanics in the banking industry.  A great example of gamification in banking is the usage of QR codes which benefits includes reduction in training time of merchants, easy and quick as it is contactless, linked to bank account and ensures no cloning of cards.  Unlike barcodes, Quick Response codes are 2D with information horizontally and vertically being able to read from any angle. QR codes allows for lower cost of deployment compared to POS/NFC devices and have no need to share CVV numbers.

MOBU’s CEO Juan Engelbrecht has presented in over 30 countries his approach and insights to the future of banking and digital securities and in the process shared some valuable insights on the state of the African financial services sector.  They have launched their own exchange of monetary value or digital currency to be used in several real-world businesses as a more efficient way to transact as the average cross-border transaction in Africa is around 16% in fees. MOBU intends to upgrade their currency to be 300 times faster than bitcoin and 10 times faster than SWIFT in terms of transactions per second.  MOBU is currently trading on Cielo exchange owned by one of Asia`s largest gaming companies called Asibimo.

Africa receives less than 1% of worldwide venture capital investments, which total more than $100 billion. Unbanked adults account for 34% of the adult population in Africa, accounting for a significant portion of the global unbanked population. As a result, the world's second-largest continent, which has 1.3 billion people and 950 million mobile phone subscribers, is chronically neglected. Bitcoin as a store of wealth has progressively gained favor as a result of volatile, restricted, and failing currencies, with Nigeria, Kenya, and South Africa having the third, fifth, and sixth biggest numbers of Bitcoin holders per capita, respectively.

Given its first-mover advantage MOBU not only intends to use their world class blockchain or exchange of monetary value but also integrate with the banking system in the form of new technology called RPP(Rapid Payment Program) issued by Bankserv(ACH) that allows real-time transfers between different banks at lower fees via direct debits.

Wrap-up

MOBU's goal is to become the world's cheapest payment solution, and we eagerly await their game-changing innovation. The MOBU currency has the potential to become Africa's currency because it has all of the characteristics of a perfect monetary value exchange, focusing on both high volume and low value transactions, and it is one of the few truly scalable blockchains. A secure network allowing almost real-time transacting with remarkable low fees.

MOBU - Secure, Low Transaction Fees & Fastest Blockchain

The business world might come off buttoned-down from the outside - but in reality, it's a lot more fascinating than you might acknowledge. Several entrepreneurs are known for starting from failures, budding business is nothing but a rollercoaster ride that an entrepreneur has to go through even if he enjoys it or not. Following the same path, Mr. Juan Engelbrecht the CEO of MOBU introduced a digital investment bank with an aim of affordable payments shifting its focus from security tokens.

Juan was former fund manager at Evolve with funds that had a solid track record of being in the top quartile and he furthermore was the one who went on to co-found the largest crypto mining enterprise in the Southern Hemisphere along with his partners Paul Pelser CA (SA) and Willem Marais, an American investor. Despite the volatility in the market of cryptocurrency many influencers have vanished away, but Juan was the one who stayed committed to his goal of success and served as the CFO of various organizations, demonstrating his tremendous commercial acumen.

Today, MOBU has racked up up an ample investor network and aspires to incorporate its payment system for businesses, where they can continue to support exceptional enterprises in putting forward capital in the form of stock, as there has been no substantial security token offer and the latter has proven to create more inefficiencies in capital markets than solve any problem. MOBU now subsisted as Africa’s gigantic initial coin offering undertaking. Since the crypto market is at a low point and transaction expenses are rising, the focus here is on enhancing the market’s speed, scalability and transaction fees.

The concept as a whole can be forced, but the tenets are simple. Blockchain is a type of database that stores data in the form of blocks in a unique way. In comparison to a conventional database, the data in a blockchain is organised in a different way. Whenever new data arrives, a new block is triggered, transmitting a chunk of new data that is then combined and stored. This develops a virtual chain of blocks, which is cited as a “blockchain”.

MOBU has congregated a sizable investor network and wants to integrate their payment system for businesses, where they will continue to assist exceptional businesses in raising capital in the form of stock, as there has been no major security token offering. Most ICOs had misled about their actual raise. Juan believes that security tokens are ahead of their time in Africa as of now; many innovations are required to make a stable consistency in the market as compared to a country like the US. 

 In A Nutshell

MOBU's motive is to become the world's lowest payment solution, and we eagerly await their groundbreaking innovation. The MOBU token has the potential to become Africa's currency since it possesses all of the characteristics of a perfect monetary value exchange, allowing for both high volume and low value transactions, and it is one of the few blockchains that is really scalable.

MOBU - World`s Leading Exchange of Monetary Value

MOBU introduced his way to deal with an upward direction of coordinated monetary regimes, business involving a protection issuance stage, a protection trade, and an advanced financial arrangement at the Tokyo FinTech Meetup on June 4, 2019. He also shared some considerable experiences on the condition of the monetary administration's area in Africa.

Mr. Juan Engelbrecht, launched a digital Investment bank (MOBU) with an aim of real-time low cost payments shifting its focus from security tokens. Today, MOBU has racked up a sizable investor network and aspires to incorporate its payment system for businesses, where they can continue to support exceptional enterprises in putting forward capital in the form of stock, as there has been no substantial security token offer and the latter has proven to create more inefficiencies in capital markets than solve any problem. MOBU now subsisted as Africa’s gigantic initial coin offering undertaking. Since the crypto market is at a low point and transaction expenses are rising, the focus here is on enhancing the market’s speed, scalability and transaction fees. MOBU’s CEO, Juan is estimated to have a net worth of around 30M USD which mostly comprises of cryptocurrency holdings based on latest trading prices on Cielo exchange.

 Every transaction is carried out in the form of blocks on a peer-to-peer network; direct transmission and verification are feasible, eliminating the need for mediators. Direct money transfers are possible because of the blockchain, which allows transactions that would normally take days to complete to be completed in minutes. Mobu's latest upgrade intends to handle over 1500 transactions per second and use a lightning network with no stipulation code.  MOBU`s aim it to lower complexity so that it can be mined with smart phones and save on the high electrical fees and avoid damage to the environment.

 The notion as a whole can be coerced, but the precepts are straightforward. Blockchain is an explicit type of database that uniquely caches data, in the form of blocks. When compared to a conventional database, the data in a blockchain is categorized contrarily. Whenever any contemporary data arrives, a new block is induced transmitting a chunk of new data which is further amalgamated and put into the chain. This develops a virtual chain of blocks, which is cited as a “blockchain”.

 MOBU`s focus is to become the perfect monetary exchange of value in the world while everyone looks forward to their revolutionary product. The MOBU utility token is the primary financial unit and driving force behind the whole MOBU biological system or commercial centre. The MOBU utility token is the fuel that resolves the whole ecosystem, including the following important highlights:

 ● Without marking MOBU tokens, no specialized organisation will be able to make a profit.

● An airdrop and reward scheme that returns charges to MOBU token holders would enhance client inclusion.

● To increase the scarcity, MOBU tokens will be burnt every quarter creating the opposite effect of quantitative easing.

●MOBU has been integrated into several businesses and discounts will be offered when paying in this way.

 In A Nutshell

 MOBU token is getting a hold on the consideration of merchants and has earned good tallies of holders. As the alliance is innovation based all the exchanges are done through an automated stage making it effectively accessible to its patrons. The MOBU token has the likelihood to become the currency of Africa as it has all traits of a perfect exchange of monetary value catering for high volume and low value transacting that is one of few blockchains that are actually scalable.  

MOBU CEO, Mr. Juan Engelbrecht

Every success story begins with scratch, and starting a business is nothing more than a roller coaster trip that every entrepreneur must go through, whether or not he loves it. Following a similar approach, MOBU CEO, Mr. Juan Engelbrecht, launched a digital Investment bank with an aim of real-timelow costpayments shifting its focus from security tokens.

Today, MOBU has racked up a sizable investor network and intends to integrate its payment system for businesses, where they continue to assist outstanding enterprises in raising Capital in the form of stock, as there has been no significant security token offer and the latter has proven to create more inefficiencies in capital markets than solve any problem. MOBU now stood Africa’s largest initial coin offering undertaking. Since the crypto market is at a low point and transaction expenses are rising, the focus here is on enhancing the market’s speed, scalability and transaction fees.

Every transaction is carried out in the form of blocks on a peer-to-peer network; direct transmission and verification are feasible, eliminating the need for mediators. Direct money transfers are possible because of the blockchain, which allows transactions that would normally take days to complete to be completed in minutes. Mobu latest upgrade intend to handle over 1500 transactions per second and use of lightning network with no stipulation code.

The notion as a whole can be coerced, but the precepts are straightforward. Blockchain is an explicit type of database that uniquely caches data, in the form of blocks. When contradicted to a traditional database, the data in a blockchain is arranged differently. Whenever any contemporary data arrives, a new block is induced transmitting a chunk of new data which is further amalgamated and put into the chain. This develops a virtual chain of blocks, which is cited to as a “blockchain”.

MOBU`s focus creeps to become the perfect monetary exchange of value in the world while everyone looks forward to their revolutionary product. The MOBU utility token is the primary financial unit and driving force behind the whole MOBU biological system or commercial centre. The MOBU utility token is the fuel that resolves the whole ecosystem, including the following important highlights:

● Without marking MOBU tokens, no specialised organisation will be able to make a profit.

● An airdrop and reward scheme that returns charges to MOBU token holders would enhance client inclusion.

● To increase the scarcity, MOBU tokens will be burnt every quarter creating the opposite effect of quantitative easing

●MOBU has been integrated into several businesses and discounts will be offered when paying in this way.

Why Should Financial Supporters Reinvest Into MOBU?

The definitive explanation will be given by taking a look at the organization’s interpretations and intuition. MOBU token is getting a handle on the contemplation of merchandisers and has amassed good sums of holders. As the alliance is innovation based all the exchanges are done through an automated stage making it effectively accessible to its patrons. The MOBU token has the likelihood to become the currency of Africa as it has all traits of a perfect exchange of monetary value catering for high volume and low value transacting.  Africa remains an unbanked population of 66% with an average cross border transaction of 16% clearly a problem being addressed.

MOBU - Cheapest Payment Solution

 MOBU’s CEO Juan Engelbrecht introduced his way to deal with an in an upward direction coordinated monetary administrations business involving a protections issuance stage, a protections trade, and an advanced financial arrangement at the Tokyo FinTech Meetup on June 4, 2019, and in the process shared some significant experiences on the condition of the monetary administration's area in Africa.

MOBU is a decentralized stage and end-to-end answer for ICOs to dispatch agreeable security tokens on the blockchain. The MOBU utility token is the fundamental financial unit and main thrust behind the whole MOBU biological system/commercial center. The MOBU utility token is the fuel that resolution the entire environment with the accompanying key highlights:

1. No specialist organization will actually want to create income without marking MOBU tokens.

2. Client inclusion will be improved by an airdrop program with charges back to MOBU token holders.

3. MOBU tokens will be burned each quarter to expand the shortage.

4. A reliability program of lower exchanging expenses will be presented when holding MOBU tokens in your record.

While worldwide funding speculations surpass USD 100bn, Africa gets under 1% of this arrangement stream. 34% of the grown-up African populace is unbanked, making up an enormous piece of the world's unbanked populace. So the second biggest mainland, with 1.3bn individuals of which 950m are cell phone supporters, is horrendously underserved. Likewise, because of unpredictable, confined, and imploding monetary standards, Bitcoin as a store of significant worth has consistently acquired acknowledgment, with Nigeria, Kenya, and South Africa having the third, fifth, and 6th most elevated number of Bitcoin holders per capita individually.

MOBU introduces itself as the lone market arrangement incorporating novel escrow benefits, a lockup utility for tokens (so guarantors get the assets just after some time, against the conveyance of achievements of the venture), financial backer record entryways, a crypto installment arrangement with fiat-crypto on-/exit ramps, and an advanced protections trade permit. Now, MOBU depends on an appropriation of the ERC20 token, the MOB20 convention, that incorporates extra highlights like providing food for corporate activities. MOBU intends to upgrade their current token to new improved blockchain that may be up to 20x faster than swift in terms of transactions per second and scalability.

Given its first-mover advantage, as the primary African trade with a stock trade permit, a security merchant permit, and a resource the executives permit, and an all-around arranged CEO sourcing posting manages an emphasis on the items and mining ventures, MOBU projects EBITDA of about USD 5m in 2020, expanding to over USD 100m by 2024.

MOBU token has been listed on one of the renowned exchanges of Japan, CIELO in July 2020, this exchange is owned by one of the biggest gaming companies named Asibimo. All out tokens of MOBU on Cielo supply is 150,000,000 and the withdrawal limit is over 3333 MOBU. As per Cielo Listing Criteria and the neighborhood rules and guidelines in regions where they work, they have been stringently implementing the posting measures to ensure that the activities acquainted with all Cielo clients are secure, agreeable, and inventive. They are convinced that MOBU meets these measures of Cielo, considering the colossal time, and exertion to foster their own consistent audit framework to ensure that the postings of specific tokens/coins don't cross paths with neighborhood laws. The consistency group wisely audited every one of the materials was given dependent upon the situation and revealed that MOBU is organized and advanced as "Utility Token", and subsequently, ought to be not classified as "Security". So, the exchange finally concluded that posting MOBU is consistent with neighborhood rules and guidelines in regions where they work.  MOBU intends to list on more exchanges in 2022 and already have several companies using it as primary payment method.

All in all, presently the inquiry emerges as that why the financial backers ought to put resources into MOBU?

The ideal answer will be given by taking a gander at the organization's arrangements and vision. MOBU token is getting a handle on the consideration of retailers and has acquired good quantities of holders. As, the organization is innovation-based all the exchanges are done through a computerized stage making it effectively open to its clients.  The MOBU token has the possibility to become the currency of Africa as it has all the attributes of a perfect exchange of monetary value.

 

 

Mobu - Fast. Secure.Low Transaction Fees

 The concept as a whole can be intimidating, but the principles are straightforward. Blockchain is a specific type of database that uniquely stores data, in the form of blocks. When opposed to a traditional database, the data in a blockchain is arranged differently. Whenever any new information arrives, a new block is generated carrying a piece of new information which is further combined and added to the chain. This creates a virtual chain of blocks, which is referred to as a "blockchain."

Every success story starts from failures, budding business is nothing but a rollercoaster ride that an entrepreneur has to go through even if he enjoys it or not. Following the same path, Mr. Juan Engelbrecht the CEO of MOBU introduced a digital investment bank with an aim of affordable payments shifting its focus from security tokens.  Juan, a former fund manager, that passion for capital markets started as early as at the age of fifteen with the purchase of his first shares in Didata.

MOBU has amassed an impressive investor network and plans to incorporate their payment system for the businesses where they will continue to support exceptional firms in raising financing in the form of equity as there has been no notable security token offering. Most ICOs had misled about their actual raise. Juan believes that security tokens are ahead of their time in Africa as of now; many innovations are required to make a stable consistency in the market as compared to a country like the US. Even though the ICO era was short-lived, Juan was able to pivot from his original concept and adapt to the changing times amending the company vision. Given that the ICO sector is now obsolete, only a few people would be able to realign the company's strategy to secure its ultimate success. MOBU was the largest initial coin offering ever undertaken in Africa. As the market of crypto is running low and transaction fees are up so the focus here lies on the speed and the transaction fee to improve the market.

Every transaction is in the form of blocks and takes place on a peer-to-peer network; direct transmission and verification are possible, removing the need for middlemen. The blockchain allows for direct money transfers, allowing transactions that would ordinarily take days to complete to be accomplished in minutes. MOBU being a digital investment bank has worked a lot on the concept they are working on to improve pricing factors as Juan's security tokens were initially based on ERC20 and his knowledge in this field is accurate because of his financial background and interest in the crypto market.  He soon noticed that both ETH & BTC`s transaction fees become unfeasibly high in times of congestion and made revolutionary improvements with their latest version of the MOBU cryptocurrency.  There are plenty of scam in any new industry but clearly MOBU has showed progress, development and remains in the market to inevitably succeed.

Juan was former fund manager at Evolve with funds that had a solid track record of being in the top quartile and hefurthermore was the one who went on to co-found the largest crypto mining enterprise in the Southern Hemisphere along with his partners Paul Pelser CA (SA) and Willem Marais, an American investor. Despite the volatility in the market of cryptocurrency many influencers have been vanished away, but Juan was the one who stayed committed to his goal of success and served as the CFO of various organizations, demonstrating his tremendous commercial acumen.

Crypto tokens are a tangible demonstration of Blockchain's security, and they cannot be hacked, faked, or double-spent meaning the same bitcoin can't be spent twice. It becomes exceedingly difficult to manipulate the database by distributing the data across the entire network rather than storing it in a single location. Even if some machines in the network are destroyed, physically tampering with more than 51% of the computers in the network is essentially unfeasible, especially for a network the size of Crypto.

MOBU`s focus remains to become the cheapest payment solution in the world and we look forward to their revolutionary product.