Blockchain technology (a distributed immutable ledger) has gotten increased interest over the last few years due to its ability to streamline operations, reduce administrative burden, and increase trust and transparency. Originally solely used to power cryptocurrencies, Blockchains have been shown to have far more potential than originally imagined with applications beyond the web3 and crypto world, including applications such as logistics, quality control, verification of identity and tokenization of Real-World Assets such as real-estate and equities.

Blockchain basics

Blockchains, as mentioned before, operate as a distributed public ledger (similar to a ledger in accounting and finance) that is immutable. This means that everyone with the credentials to access the blockchain has access to it and a copy of it. Being immutable, it keeps a complete record of all prior transactions that cannot be altered. All new transactions are recorded in real-time with stamps of who made the entry, amounts, etc.

This technology is secured by state-of-the-art encryption (in the case of GondwanaChain, even protecting against threats of emerging Quantum Computers), which combined with user education and steps like multi-factor authentication creates an extremely low risk of being compromised.

Further, most Blockchains (including GondwanaChain) use Smart Contracts – digital contracts that are self-executing. These are not only legally binding, but also massively reduce paperwork that normally slow down operations and legal work for most businesses.

What industries can use Blockchains?

Blockchains can be used by a plethora of industries in diverse sectors such as logistics, education, healthcare, or (more recently) real-estate and investment.

Imagine routes for logistics companies being optimized for the most cost-effective and fuel saving option while simultaneously ensuring speedy delivery of goods. In education, Blockchains can be utilized as a verifiable record of student achievements and accreditation to even creating engaging lesson plans tailor-made for the student. Medical details of patients can be confidentially shared (with consent) to ensure customized treatment plans and preventative medicine specifically to the individual patient.

For real-estate, any fraction of ownership can be tokenized, enabling investors to combine their resources to purchase more lucrative properties, thereby democratizing ownership and increasing financial participation ensuring future-growth of entrepreneurs.

Even companies shares or equity can be tokenized to ensure a verifiable record of ownership, ensure dividends are paid out correctly, and reduce the burden of accountants and financial professionals.

How can we use a Blockchain?

Blockchains are expensive to build yourself, requiring many months of research and development as well as planning the infrastructure. This is why Blockchain-as-a-Service cloud offerings exist.

Most Blockchain-as-a-Service offerings are hosted in the US, Europe or Asia, costing a premium for people in developing nations such as in continental Africa.

This is where GondwanaChain differs.

Our cloud-based Blockchain-as-a-Service is entirely African based, built and run by Africans, and priced appropriately for the African market with various tiers catering to businesses small and large. Our Blockchain is built on foundational technology as trusted by the Linux Foundation and offers an enterprise-grade Blockchain complete with provisioning, custom smart contract developing, and live monitoring of data. Things many Blockchain-as-a-Service companies do not offer, all in an affordable package.

Can we invest in your offering?

Absolutely!

We still have many openings for investors who wish to help our company and its offerings grow.
We are open to both equity and debt-based finance.

Should you be interested in investing, please contact technical@coinafriq.org or call +27626404965 (available on WhatsApp).