MENAPAY CRYPTO MADE EASIER THAN CASH PRESENTED AT BUILDING MORE THAN BLOCKS SUMMIT

It was on the 14th day of February 2019, in a very popular hotel located in the heart of the town. The name:CITY CROWN HOTEL Port Harcourt Rivers State, Nigeria.

The attention of the Hotel Management was drawn to the fact that a good number of dignitaries, technocrats, and youths whom they saw enter their hotel where neither seen on the pool side of the hotel nor on the bar, to their greatest surprise the crowd of people they saw troop into their hotel that day had all come for a Blockchain Submit Title: BUILDING MORE THAN BLOCKS Jointly hosted by Mrs. ASELE KEUPHEL WILSON, PEDRO OGBONNA AND OTHERS.

Blockchain Technology is touching human endeavors in an unprecedented magnitude and there is a growing awareness of the Blockchain technology. The effort to create a space for this revolutionary technology to spread it wings to the realms of the society and industries is highly essential and indispensable.

Thus on this data of 14th February 2019, Mrs. Asele Keuphel Wilson deemed it all important to present this crowd of persons the project called MENAPAY.

MENAPAY Project is poised to replace traditional payment which have never been compatible with conventional Islamic practices with cryptocurrency fully supported with Blockhain.

The attendees where made to understand that Menapay project has emerged as the first blockchain based non-banking digital payment gateway for building one of the biggest cashless societies in the world with a focus on the MENA Region which has a target market of more than 440 million people whom are 84% unbanked due to religious beliefs and are eager to use a trustable Islamic compliant alternative to the banking system. MenaPay allows users to transfer money within daily life in a secure, fast and decentralized way.We are surpassing the banking solutions by creating a digital transformation in the region by digitizing cash. It will enable mobile and online payments in the region, replacing cash and cash-on-delivery systems. Additionally, we are solving the monetization problem of the online world and helping to boost the revenue of businesses which are integrated with MenaPay. Website

MenaPay has similar features with AliPay and WeChatPay including payment with QR code, barcode, merchant dashboards and integration APIs. Within MenaPay, MenaCash is used for the everyday transaction purposes as its stable cryptocurrency which is 100% backed by USD. On the other hand, the major difference comes with the reseller network. Users can top-up their MenaPay wallets through the resellers such as PC Cafes, Jewelry Shops, Exchange offices, book stores and gas stations. We’ve already reached over 40.000 reseller points in the region which will help the digital transformation of cash.

Interestingly Menapay has reached an agreement with more 40,000 Reseller Networks covering the Region,users will be able to top up using more than 20,000 PC cafe covering all the region, In Turkey more than 20,000 book stores, supermarket and gas stations as top up top up points agreements signed. The MenaPay Card, developed with the cooperation with the MasterCard; will be available to be purchased by the end of February 2019. MenaPay users will be able to buy MenaCash from more than 50,000 locations.The permissioned Blockchain development(Menachain)process has finalized.It takes 7 seconds in other to complete a transaction,a speed which is far better than what is obtainable in any other platform. Menacash transactions between parties are completing in 7 seconds through the main net.Whitepaper
The participant were help to appreciate the following tools of Menapay such as The Payment App,Business App,Business Dashboard,Moderate Transactions fees,etc.

The different between ICO and IEO were explain and the reason why Menapay choose to use IEO was explained,IEO to start on 15 march and end on 15 may were all detailed.

The participants who were happy with Menapay project especially as it is targeted at our African Region where curious to know the best way to invest in the project and answers where given accordingly by investing in the upcoming IEO and they are looking forward to that.

EXECUTIVE SUMMARY.

The Menapay blochain submit organized here in Nigeria ended a very good note with so may participants been eager to know more about blockchain and Menapay, Hence I sincerely wish to express my undiluted gratitude to Menapay Team for the opportunity given me to organize such a great program

Thanks.

ASELE KEUPHEL WILSON.