Article Summary, Automatically Generated By AI
Summary of Bantu Blockchain Foundation
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Mission:
Empower humanity across all industry sectors using blockchain technology. -
Bantu Blockchain:
Unifies secure issuance, transfer, trading, settlement, clearing, and custody of digital assets in real-time. -
XBN (Native Asset/Token):
Powers all operations and transactions on the network; users pay transaction fees in XBN. -
Smallest Unit:
1 Spirit = 0.0000001 XBN
About Bantu
In the realm of decentralized finance, Bantu is an innovative protocol that empowers users to harness the full potential of decentralized applications (dApps) and cryptocurrencies.
The Bantu Blockchain Foundation is a non-profit entity established to foster the advancement and growth of the Bantu Blockchain ecosystem.
Our mission is to harness the transformative power of blockchain technology to empower humanity, transcending boundaries across all public and private industry sectors.
The Bantu Blockchain is a pioneering, impact-driven infrastructure that seamlessly integrates the secure issuance, transfer, trading, settlement, clearing, and custody of digital assets in real-time, thereby liberating capital trapped in illiquid assets and the informal sector, particularly in emerging markets.
By synergistically integrating speed, security, and reliability, it fosters a decentralized ecosystem that embodies the principles of fairness and mutual benefit, thereby democratizing access and reducing the barriers to entry for participants.
The XBN serves as the native asset and token for the Bantu Network, empowering all operations and transactions that take place within the ecosystem. As a utility token, it facilitates seamless interactions, with users incurring transaction fees denominated in XBN.
The Bantu Network Token is divisible into minute units, with the smallest denomination being the Spirit, equivalent to 0.0000001 XBN.