Akon Activates Africa

SUMMER 2019 / REAL-LEADERS.COM 5 03 AKOIN A sustainable electricity grid was only the beginning for what I envision for Africa. There are 54 countries in Africa, and each has its own government and own currency. That disparity and related challenges makes trading difficult. Despite Africa containing a giant percentage of the world’s natural resources, the continent is limited by inflation, government regulation, and lack of access to world class business tools and training. My new initiative, Akoin, a new crypto-currency for Africa and other rising economies, offers financial stability, economic growth, and opportunities to earn, save, spend, and learn through our DApp platform of crypto- based apps and on the ground partnerships. Akoin’s crypto- ecosystemwill provide blockchain transparency, unlock the potential of the world’s largest growing economies, and initiate worldwide entrepreneurial activation. In a blockchain ecosystem, all transactions are recorded on a public ledger, which is synchronized between multiple devices. As the data is recorded on multiple systems, the blockchain creates complete transparency and prevents people from taking advantage of others or engaging in any kind of shady business. The currency is also protected from hyperinflation. Our DApp (Decentralized Apps) store offers access to business tools and service fromyour mobile phone that provide the building blocks for entrepreneurship. All of those things that I had to piece together and hustle for when I was growing up to buildmy own business dreams, I can now provide to budding entrepreneurs in Africa through a crypto-based platform. The whole idea is to support entrepreneurs, to give them the tools to become successful in whatever business they decide to be in. The opportunities and entrepreneurs are already there; it’s just a matter of bringing them together. That’s what I’m doing. Over 35 percent of Africa’s population is under the age of 25. They’re technologically literate and prepared for technological solutions. Many of these young entrepreneurs even have two cell phones; that’s how they transact their daily lives and business activities. They have the most energy, and they get our vision completely. They’re the next real leaders in Africa. Our blockchain ecosystem will provide partnered solutions and opportunities in finance, health, education, and basic utility services, as well as broader professional and content services into governance and infrastructure. Through our platform currency exchange, every person and partner has the opportunity to be trading in and out with Akoin, establishing the utility and value of this currency for use within and beyond the platform into the local economy. In addition, we’re already establishing partnerships with businesses throughout Africa willing to accept Akoin as payment for services. This helps us establish Akoin as a safe/trusted cryptocurrency and distribute tangible goods and social good to the people of Africa. By having a currency accessible globally, including to all African nations, business will be simplified. Business owners will no longer need to worry about various inflation rates across borders. Trading any imaginable good or resource will be easily accessible to African leaders and entrepreneurs. The new economy will create a base upon which we’re not only meeting, but also rising above basic human necessities and achieving individual and national economic success. It all comes back to leveling the playing field and equalizing opportunity. A VISIONARY CURRENCY With the Akoin (above) Akon wants to add a level of transparency and trust within a crypto ecosystem that creates opportunities for young entrepreneurs in Africa. Blockchain technology was invented in 2008 by someone going by the name of Satoshi Nakamoto (true identity unknown), who wanted it to become a public transaction ledger for the original cryptocurrency Bitcoin.