In June, minister of Finance Tito Mboweni published proposed amendments to the Financial Intelligence Centre Act (FICA) for public comment.
What is Blackbill
Blackbill (BIL) is a Stablecoin to (upon reaching 20M coins distributed) be backed by physical Gold in form of Bullions. Upon reaching 20 million coins in distribution, 1 (BIL) Blackbill will be pegged to a decigram of fine Gold. Our Gold (which is inform of bullions) will be stored through Imargin pty ltd in a private vault in South Africa. As of 2020 May, Imargin pty ltd owns half (50%) of a new South African Gold mining company, Lega Mining Pty. Blackbill blockchain uses a Quark (POS) type of algorithm
The BIL is also promotes philanthropy. We have launched a foundation program that is addressing poverty, hunger and access to quality education. Our foundation also attends to other charity issues through donations and community works participation.Buy Blackbill
Our Blackbill Mission
The BlackBill is here to establish a gold-backed digital economy for everyone who forms part of it. Through BlackBill Partner (Partna), BlackBill enjoins local and international businesses to build a solid network that will promote economic growth, trading, whilst enabling you to transact at your convenience.
Imagine how the world would be if one currency was used, how Africa would be if one currency was used. This vision is going to create one economy for businesses and BlackBill holders. This will also improve circulation of money and sharing of gold economy.
Blackbill crypto sripts are open sources that are available to the public for reviews, utilization and support
Blackbill uses blockchain technology to secure and verify all the transactions made among users
Blackbill uses blockchain technology to secure and verify all the network transactions occurring between users
Our blockchain technology provides fast confirmation and verification of all network transaction within seconds
|Max. Supply (Hard Cap):||1,000,000,000|
|Available in Circulation:||40,000,000|
|Masternode Collateral:||10 000 BIL|
|Block Time:||60 Seconds|
Bounty 0/2,000,000 BIL
Angel Investors 1,400,000/10,000,000 BIL
Marketing 135,000/8,000,000 BIL
Pre-Sale 1,320,764.0170/20,000,000 BIL
Reserve Transaction & Address
Blackbill was launched in South African with over 2000 Users, Its first blockchain was scrypt based POW algorithm.
Blackbill’s blockchain was upgraded to quark featuring masternodes.
The prototype of our trading Kiosk was made.
Ilocaltrade was upgraded to a full automated exchange.
Blackbill 24 karats Gold Bullions were made.
Blackbill is to become a stablecoin pegged by Gold.
Blackbill partner, a community of merchants to be launched.
ILTx mastercard to be launched.
With over 9 years of combined experience, We've got a well-seasoned team at the helm.
Jay BarcollinProject Manager & Developer
Susan VermaakHead of Partner
The new version of Ilocaltrade (ILTx) digital exchange launched on Wednesday, June 17th features more trading and transacting functionalities and supports more digital assets.
Former South African ambassador to Germany, Lindiwe Mabuza has joined the first African tradable cryptocurrency, Blackbill during its first distribution that took place in the last half of 2018.
After numerous efforts and a series of modifications on the Blackibll stabilisation, Imargin is pleased to introduce the gold bullions as deposits to back the BIL tokens currently in circulation.