THE PROMISE OF BLOCKCHAIN & PEER2PEER FINANCE:

HOW PAXFUL CAN HELP

About ME

Founder, Blockchain Nigeria User Group, Regional Director, Africa at Paxful Inc. Author, Developer, Tech Event Organizer

Founder, www.startUpBits.fund

https://www.linkedin.com/in/chimeziechuta/

mezie16

The promise of

blockchain &

Peer2peer finance:

How Paxful can help

Africa FinTech Forum Conference 2018, Cotonou, Benin Republic

19th July 2018

https://slides.com/chuta

The Blockchain Technology: What iS it?

A Distributed Digital Record of Transactions, Secure, Immutable, Append-only,  Decentralized, Time-stamped,  Hashed and Transparent.

The Promise of the Blockchain Technology

•  
• Increased Security
• Increased Transparency and Efficiency
• Immutable Storage of Data
• Fraud Prevention
• Encryption (Public/ Private Key pairs)

The Promise of the Blockchain Technology

Cryptocurrencies/ CryptoTokens/ Digital Assets or CryptoAssets

A trustless Peer-to-Peer "Cash System" to prevent double spend!

– Satoshi Nakamoto, 09 January 2009

Decentralized | Censorship proof | Control Resistant

The Promise of  P2p finance Technology

• Peer2Peer Lending
• Crowdfunding/ ICO
• Peer2Peer Value exchange

Powered by Smart Contracts Blockchain Technology

The Promise of  P2p finance Technology

• Increased Speed
• Lower Interest Rates
• High reward vs High Risk
• Consumer Trust
• Competing against Incumbents
• Geographical Diversification
• Access to finance for the unbanked/ underbanked

enter Paxful

What is Paxful?

Peer2Peer Commerce

Its all about helping the little guy!

Online bitcoin marketplace connecting buyers and sellers in one convenient location.

What is Paxful?

Why Paxful? 

Fast & Reliable ·

100% Secure ·

Best Bitcoin Wallet

Instant Bitcoins ·

24/7 Customer service ·

Purchase easily ·

Why Paxful? 

• Each user is asked to set up 2-factor authentication 
• Authy and SMS verification
• Complete KYC on all customers 
• Lists all logins performed by users and their last 20 actions.
• Escrow
• Paxful’s hot wallet is secured by Multi-sig.

Paxful protects its users

Why Paxful? 

More than 300 ways to pay for bitcoins

https://paxful.com/how-to-buy-bitcoin

 iTunes, Amazon, Paypal, Credit Card, Gift cards, Bank Transfer, etc.

Why Paxful? 

EARN as much as 5% PROFIT SELLING BITCOINS ON PAXFUL AS A VENDOR

Become a Vendor 

Why Paxful? 

Become a Marchant 

Integrate "Pay with Paxful" button on your Online Store 

Why Paxful? 

Add Paxful Kiosk to your website and start earning Commissions 

Paxful is Safe! 

• Trader has completed over 2BTC worth of trade with minimum of 30 trades
• Trader feedback score should be at least 98% from a minimum of 10 persons
• Trader account should have been active for over 2 months
• Trader has a verified identity, residence, phone number, Facebook ID etc…
• He has a maximum delivery time you are comfortable with.
• Only trade with verified buyers and sellers.

Tips on Trading on Paxful

• Do no trade outside Paxful with a seller even if he/she offers you a discount since you will lose the safety of trading with Paxful’s secured escrow.
• Do not disclose more information about yourself to the seller when trade is ongoing.
• Pay attention to the trade time to avoid transferring money to the seller after timeout.
• Always check that the names in the account details are in consonance.
• Mark payments ‘as made’ only when you have paid or received payment else you be denied the trade.
• Endeavor to resolve all issues before contacting support Customer support should be your last resort.

What you MUST not do when Trading on Paxful

Signup now

Get your first Secure Wallet

www.paxful.com

Thank You!

Presenter

Chuta Chimezie

Paxful's Regional Director For Africa

Twitter: @mezie16