NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bolenum Crypto-Based FinServ Platform Announces ICO in Africa setup

newsbtc
newsbtc
1 year ago
2 mins read
bolenum banner

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The developing nations in many parts of the world are currently in the process of rapidly developing the essential infrastructure as they continue to register positive economic growth. Banking and financial services are one such industry segment which needs a lot of attention, especially in many African nations as access to financial services among the population remains very low.

Bolenum, a London-based financial services firm has decided to do something about it. The company is involved in development and implementation of a cryptocurrency powered financial network which can potentially improve the quality of financial services in the continent. With Bolenum, a majority of the unbanked and the underbanked population in the region will be able to gain access to instant and cost-effective financial services.

The Bolenum platform is powered by Boleno cryptocurrency, created on Ethereum blockchain. The ERC20 compliant cryptocurrency supports smart contracts implementation, allowing automation of various financial services. The services offered by Bolenum will work seamlessly with existing monetary systems in many African nations to ensure added flexibility while facilitating immediate adoption by anyone.

Using Bolenum, users will be able to send, receive and exchange money of all forms. The company has announced that it will start by localizing the service to Egypt, Nigeria, Ghana and South Africa. The service will first address the challenges in the remittance sector by creating an end-to-end remittance service over Ethereum blockchain. The team behind Bolenum have realized that it is important to educate the people in the region about cryptocurrencies, blockchain technology and how it will benefit them. The platform explains its future course of action in a detailed whitepaper.

In order to support the project, Bolenum has recently announced its upcoming crowdsale, scheduled to go live on 16 July 2017. During the 30-day long ICO, investors and cryptocurrency community members get a chance to purchase Boleno tokens. Their contributions will be used by the platform for further development, community building and other activities surrounding marketing, promotions, etc.

The total number of Boleno tokens is fixed at 10 million, out of which 50% of the tokens will be offered to the participants of the ICO. Investors will be able to purchase the tokens at a price of 0.02 ETH per token. More information about the ICO, including any early bird bonus, etc. will be announced by the platform soon.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Price Crash To $92,000 Or New ATHs? Analyst Explains The 2 Options

Bitcoin’s recent price action is holding firm above the $108,000 level despite a string of minor pullbacks in recent trading...

Scott Matherson 5 hours ago
Snaky Way Presale Live: AI Meme Coin $AKE Gears Up for Bull Run

Snaky Way Presale Live: AI Meme Coin $AKE Gears Up for Bull Run

If you’ve been around crypto long enough, you know the signs. Bitcoin wakes up. Ethereum starts stretching. Suddenly, the air feels...

Aaron Walker 9 hours ago
Solana

Solana’s Pump.Fun Loses Steam With Exit Scam Rumors, LetsBonk.Fun Claims 54% Of Total Market Share

Solana meme coin launchpad Pump.fun has lost a significant chunk of its market share to LetsBonk.fun. This comes just ahead...

Scott Matherson 10 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Snorter 募資達 160 萬 打造更聰明的迷因幣量化機器人

estherw 50 minutes ago
Ethereum Turns Key Resistance Into Support – Momentum Builds For Range Breakout

Ethereum Turns Key Resistance Into Support – Momentum Builds For Range Breakout

Sebastian Villafuerte 2 hours ago
Ethereum

Ethereum ETF Inflows Hit 8-Week Streak—Institutions Still Buying

Keshav Verma 3 hours ago

Premium Sponsors

Press Releases

  • Felpörgő alternatív kriptovaluta a Dogecoin (DOGE) helyett – 650 dollárból 65 000 dollár lehet 4 hónap alatt

    Felpörgő alternatív kriptovaluta a Dogecoin (DOGE)...

    7 hours ago
  • 3 figyelemre méltó altcoin 2025. júliusának első hetében

    3 figyelemre méltó altcoin 2025. júliusának első...

    9 hours ago
  • Oblíbená alternativa Dogecoinu (DOGE), která z 650 USD udělá 65 000 USD za 4 měsíce

    Oblíbená alternativa Dogecoinu (DOGE), která z 650 USD...

    10 hours ago
  • 3 altcoiny, které sledovat v prvním týdnu července 2025

    3 altcoiny, které sledovat v prvním týdnu července 2025

    11 hours ago
  • Trendingowy alternatywny kryptowalut dla Dogecoin (DOGE), który zamieni 650 USD na 65 000 USD w ciągu 4 miesięcy

    Trendingowy alternatywny kryptowalut dla Dogecoin (DOGE)...

    11 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.