The ECO-6 authorities have mandated the swifin digital platform to reward all beneficiaries of it’s Lumi currency stimulus with a six months worth of the stimulus as bonus to mark it’s second year anniversary.
Prior to the anniversary celebration and as part of it’s pre-anniversary preparations, swifin unveiled the TRANSACT platform where the stimulus beneficiaries and other users can trade within the enclosed community with the Lumi Currency always been the base currency.
The bonus can be used to pay for goods and services on the platform, the report says.
Despite the several measures Swifin’s technical team has taken to address the login problems, beneficiaries of the stimulus package have complained that their access to the stimulus accounts has not been restored.
Earlier, in September this year, The African Diaspora Sixth Region reaffirmed its intention to implementing its Exchange Rate Mechanism (ERM) in October. The president of the Region, Chief Timothy Elisha McPherson, revealed during a virtual meeting that was held online that work was being done to implement the Lumi integration and ensuing conversion.
The founder of the swifin digital platform and Vice President of the African Diaspora Central Bank (ADCB) Dr. Linus Etube highlighted some of the challenges the platform is facing and how subscribing to the various plans made available on its CONNECT community platform could aid in achieving the desired goals.
“the plans will be removed once we have found ways to exchange Lumi for other local fiat currencies. We are in talk with some countries in the Southern American Region and also the Nigerian Government to see if we can use the e-Naira alongside the Lumi Currency.”
All beneficiaries of the Lumi Currency stimulus are advised to login and claim the bonus which will added to their CONNECT account.
