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Coin Afriq

Africa's Digital Currency

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Coin Afriq

Coin Afriq is the first secure digital currency (cryptocurrency) made for the African continent. Secure your finances with cutting edge technology to ensure your money is safe, your data private and your privacy respected.


GondwanaChain – A Permissioned Blockchain for Business and Organizations

Published September 30, 2025 by Andre Theron
Blockchain Technology
GondwanaChain – A Permissioned Blockchain for Business and Organizations

Gondwana chain is an exciting new endeavour for businesses and organizations in Africa. We are building the first Blockchain-as-a-Service implementation in Africa using enterprise-grade security to ensure businesses and organizations can reduce their overhead and maximize profits without compromising on offerings or security.

Our blockchain features next-generation technology with a robust business model and potential for synergy across multiple sectors and industries.

Business Model and Strategy

We plan on releasing our offerings in a phased approach with various tiers to make our BaaS affordable for small businesses and organizations to large enterprises and consortiums.

Revenue Model

Hourly/Pay-as-you-go

  • Per node/instance:
    • $0.55
  • Storage fee:
    • $0.12 (per Gigabyte per month)
  • API fee:
    • $3.00 (per million requests)
    •  

Monthly (Developer/Starter)

  • Per month:
    • $100 (1 low-resource node, 5GB per month storage, capped 100k transactions, community support)

Monthly (Business/Professional)

  • Per month:
    • $550 (4 higher-resource nodes, 75GB storage, capped 1 million transactions, dedicated email support)

Monthly (Enterprise)

  • Per Month:
    • $1500+ or custom quote (custom number of high-performance nodes, custom storage and data transfer limits, unlimited transactions (or custom limit, dedicated Service Level Agreement)

Yearly (Developer/Starter)

  • $1080 (10% Discount – same specifications, transactions multiplied to yearly)

Yearly (Business/Professional)

  • $5610 (15% Discount – same specifications, transactions multiplied to yearly)

Yearly (Enterprise)

  • $14400+ (20% Discount – varies by quotation, same specification)

ALL YEARLY PLANS HAVE PRIORITY SUPPORT, ONBOARDING ASSITANCE (WORKSHOP AND/OR ONE-TIME FREE CONSULTATION), EARLY ACCESS TO EXCLUSIVE FEATURES AND ANNUAL PERFORMANCE REVIEW

Other fees:

  • Custom Smart Contract Development:
    • $2500-$8000 (Simple Smart Contracts)
    • $8000-$25000 (Moderately Complex Smart Contracts)
    • $25000+ (Highly Complex Smart Contracts, custom quotation depending on scope)
  • Network Provisioning:
    • Basic provisioning included in all packages, advanced add-ons such as dedicated IP addresses and custom VPN Integration can be added,
    • Advanced Security Audits fixed service fee of $1500 to $5000+ depending on the scope 
  • Transaction Fees:
    • $0.05 (network gas)

Initial Industries Targeted

  • Logistics (deliveries, agriculture)
  • Administration (for reduced paperwork, and for streamlining operations)
  • Education (for credentials, privacy and sharing with other institutions)

Unique Selling Proposition

GondwanaChain is set apart from competitors by offering the following key aspects:

  • A modular highly-customizable blockchain requiring comparatively low resources than competitors
  • Capability for custom Smart Contracts using widely used programming languages that compile to WebAssembly (WASM).
  • A hybrid Post-Quantum Cryptographic implementation for future orientated development
  • A suite of easy-to-use user-interfaces for web browsers, computers and mobile phones
  • Integration with traditional bookkeeping tools such as Excel and CSV format
  • Partnered with Coin Afriq, as well as NKWE Exploration Africa (gold mining sector), Atomli (financial consulting) and Africa Speed Rail (transport infrastructure)

Go-To-Market Strategy

  • Meeting with relevant stakeholders
  • Advertising (through common social media channels for business e.g. LinkedIn)
  • Meeting with local businesses, organizations and municipalities in South Africa and Botswana
  • Bootcamps and Seminars
  • Educating business and organizations on the benefits of blockchain technology, Blockchain-as-a-Service being cheaper than custom blockchain development and hosting, etc.

Legal and Regulatory

Botswana and VASP Regulations

  • Initial offerings will not involve virtual assets (e.g. digital representation of monetary value, assets, etc.).
  • Digital currency representation will only be available once VASP licensing is approved in a phased approach (for financial data, cryptocurrency, tokenized real-world assets).
  • Long-term integration with our partner Coin Afriq’s native token after regulatory compliance is achieved and after Token Generation Event (TGE).

Technical and Infrastructure

Cloud

Our cloud services are provided by https://cloud.co.za who provide high performance cloud services at an affordable rate. Our servers use enterprise-grade Ubuntu servers that exceed the requirements for our blockchain that is built on the HyperLedger Iroha2 framework by the Linux Foundation. For additional CPUs, RAM, and storage, servers can be upgraded rapidly offering a robust and scalable solution.

Scalability

Because GondwanaChain is coded in Rust (a highly performant, secure, robust, typesafe language favoured by developers) and uses WASM for Smart Contracts, the footprint is minimal compared to other blockchain solutions. Thus, we use less CPU, RAM and storage resources than other blockchains use.

For provisioning networks, GondwanaChain can rapidly be launched using tools such as Docker and Git based on our organization’s fork of the Iroha2 repository. This ensures rapid deployment of new nodes. Smart Contracts can be written in most languages that can compile to WASM (which is accessible on both phones, computers or even web browsers).

Our long-term aims are (once sufficient revenue and profit is generated) to add Layer 2 networking, as well as Sharding (we are closely monitoring the zkSharding Project) to ensure rapid transactions times.

Cryptographic Model

GondwanaChain (and Coin Afriq) is built upon the HyperLedger Iroha2 framework.
This framework – coded in Rust with Smart Contracts compiling in WASM for maximum portability and minimal file size – has a modular approach that allows multisignature encryption, a variety of different hashing algorithms, and supports multiple standards in traditional Public Key Cryptography.

To enhance the blockchain and to ensure long-term scalability, we have decided to implement a hybrid Post-Quantum Model based on the latest standards set out by NIST circa Q1 2025. We have decided to use ML-KEM (the standardized version of the CRYSTAL-Kyber algorithm that uses a Module-Lattice Key Encapsulation Mechanism) which will ensure protection against future quantum computing threats.
We use this in a hybrid form with Ed25519 (using Edwards-curve Digital Signature Algorithm) to ensure both performance and smooth transition based on evolving technology.

Onboarding and Technical Support

Users will be onboarded upon the signing and initial payment for their services.
Depending on requirements, the node will be provisioned for users requiring the relevant permissions in their organization or business. Custom roles and permissions are easily assignable with the Iroha2 framework.

Information and documentation will be available for free for users using a Notion based Wiki on our platform. Once onboarded, relevant users in the business or organization (e.g. Head of IT, Head of Accounting) will be shown how the UI works, how to integrate with existing software, etc. For business or organizations requiring special training, we will offer training, consultations and bootcamps for an agreed-upon fee.

Roadmap

Our principle aim over the next 6-12 months is to ensure regulatory compliance is met and operations can continue smoothly. Once we have attained the relevant licensing, we wish to expand GondwanaChain to include FinTech, tokenization of Real-World Assets (both tangible and non-tangible) and help democratize ownership via fractional ownership capabilities.

For more information, please contact technical@coinafriq.org or info@coinafriq.org