New Property Investment Crowdfunding Service Aims for Inclusive SA Wealth Development

Published: 15 October 2019

Once the exclusive preserve of the wealthy, high-return global property investments are about to become accessible to everyday South Africans. This is thanks to a new property investment crowdfunding service. The announcement comes from Alex de Bruyn, CEO of DoshEx, a Johannesburg technology firm that runs blockchain-based DoshExchange, through which its DoshProp service is being offered.

“It’s time everyone had a shot at building their wealth portfolio without breaking the bank,” says de Bruyn. “DoshProp gives mid-income earners inclusive access to one of the world’s largest investment classes at an entry-level price.” DoshProp, along with the first of many investment opportunities to come, is available as a service on DoshEx’s DoshExchange. After registering, either through the company’s mobile app or its website, interested parties can log in and start investing immediately.

Every DoshExchange user will get the chance to invest in a luxury apartment complex for only R100 per share. The Paradiso, to be constructed in the upmarket Como district of Perth in Western Australia, promises a 20% return on investment over 18 to 24 months. However, shares are limited and are expected to be snapped up when the offer is released to global traders on 1st November.

DoshEx representatives are available online and through dedicated social media channels and online support channels to explain how the fund will be administered, how to sign up to DoshEx, how to manage one’s digital portfolio, and how participants can track the progress of the project online. Because investment is through a publicly registered South African company, Paradiso COMO Limited, the public can avoid the constraints of South African foreign trade regulations. In addition, the fund is being hosted on blockchain trading technology, which is immutable and tamper resistant.  DoshEx will be partnering with Edgars Club to bring DoshProp to a wider audience.

The retail giant has recognised the potential in offering its customers this innovative approach to inclusive wealth creation. Plus, Club members will enjoy additional rewards. Says Candy Steyn, Edgars Club Head of Operations: “We are committed to constantly refreshing our mix of benefits as lifestyle needs are constantly shifting and our mission is to reflect contemporary living. We don’t simply respond. We anticipate change and new trends. DoshEx is an example.” De Bruyn says buy-in from Edgars Club is validation of the service’s relevance to today’s consumers as a lifestyle enabler.

The system may also be a refreshing change for existing crypto traders, who make up 11% of the country’s 31.18 million internet users. “For some, cryptocurrency trading may become somewhat two-dimensional over time,” suggests de Bruyn. “DoshProp is integrated with DoshExchange and welcomes bitcoin investments, allowing traders to diversify their portfolios and lock in profits.”

Crowdfunding for capital-intensive property development is likely to gain rapid popularity as it exposes developers to a massive untapped source of financing. At the same time, it opens the door to inclusive economic participation for those who were unable to do so until now. “Through DoshProp, we’re offering both groups unlimited potential to realise their goals in a mutually beneficial way,” says de Bruyn.

Visit: https://www.doshex.com/#/doshProp/howItWorks

Contact: Alex De Bruyn: 011 4685236 or mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Real-Time Analytics Sheds Light on African Power & Water Challenges

Published: 16 May 2019

Cape Town, May 16: FuseForward, a provider of cloud and analytic solutions, is demonstrating the benefits real-time analytics can deliver to African utilities during the African Utility Week conference and exhibition.

Held from 14-16 May in Cape Town, South Africa, African Utility Week is the leading conference for African power, energy and water professionals. FuseForward’s Founder and CEO, Mark Damm, is excited about the opportunity to provide analytic solutions that shed light on the challenges faced by utilities in Sub-Saharan Africa.

“Utilities in Africa face a range of issues, many of which affect their ability to meet basic demands for water and electricity,” says Mark. “We know that the availability of reliable and complete data is critical in order for utilities to find solutions to their challenges.

Data from IoT devices and smart meters can help, but developing the technology required to ingest, store and make sense of this information is a barrier for many resource-strapped utilities.” FuseForward’s cloud platform provides a secure, reliable way for utilities to store, aggregate and analyze data from their IoT and smart devices, delivering the comprehensive performance information utilities need within a single interface.

Example utility challenges that FuseForward can address include:

  • Demand management: Data from devices and external sources can be used to predict peak electricity or water usage times, enabling better management of resources.
  • Preventative maintenance: Deteriorating infrastructure can often be the cause of outages in Sub-Saharan Africa.

By analyzing sensor data from equipment and infrastructure, utilities can obtain real-time maintenance alerts, preventing outages before they occur.

With the event set to close today, Mark is optimistic about the future for the industry, and the role FuseForward can play. “We’ve had a chance to hear first-hand about the challenges facing utilities and are looking forward to the opportunity to help solve them. Not only do analytic solutions in this sector have the ability to provide business improvements for utilities, they also play a role in improving the delivery of power and water across Sub-Saharan Africa—and that’s something our team is very enthusiastic about!”

About FuseForward
FuseForward is an AWS Advanced Technology Partner and Select Consulting Partner that provides secure cloud environments and analytic solutions for critical infrastructure providers and public agencies. Headquartered in Vancouver, Canada, we serve customers around the world from our offices in South Africa, Europe and North America.

For more information visit www.fuseforward.com

Media Contact: Wendy Scott at +27 83 270 7765 or This email address is being protected from spambots. You need JavaScript enabled to view it.

World IoT and blockchain first for SA’s DoshEx and Digital Twin

Published: 17 April 2019

South African technology companies DoshEx (www.doshex.com) and Digital Twin (www.digitaltwin.digital) unveiled a world first designed to revolutionise the security and integrity of solutions deployed across the Internet of Things (IoT). IoT is the next big thing in digital connectivity whereby devices ‘talk’ to physical objects – from lightbulbs to vehicles and manufacturing plants – via a complex system of sensors.

Scalable and reliable IoT is the overriding goal of major technology players worldwide, but secure interaction between various components in these networks has proved to be a major obstacle – until now! DoshEx CEO Alex de Bruyn noted: “DoshEx is a leader in blockchain deployments while Digital Twin is an innovator in the realm of fourth-generation edge devices that provide access to enterprise networks.

“Our collaboration enabled us to create a globally scalable solution to the problem of harnessing blockchain technology without the need for outside verification of events logged by a blockchain. We call the new product Sherlock. “The IoT nightmare is that ‘bad bots’ might create havoc in the case of cybercrime or system malfunction. Sherlock will help developers put these fears to rest.”

Richard Creighton, CEO of Digital Twin, commented: “Secure, automated and highly dependable field data is essential in achieving the next generation of cross business insight and control, we believe we’ve made this possible. It could even be a world-first. “The industry forecast is that $15 trillion will be invested in IoT by 2025. But IoT creates a multitude of technical and scientific challenges. Sherlock addresses one of the big potential snags to rapid IoT uptake by bringing together blockchain technology and edge-based connectivity in a seamless but secure manner.

“It is essential that IoT solutions enjoy public and investor confidence. Sherlock will significantly increase the level of trust and open the way for serious IoT development.” A blockchain is an immutable set of records linked together cryptographically through a series of interconnecting blocks, creating an everlasting record of transactions and responsibilities. When events are input it is necessary to verify an event actually occurred. For independent verification, a digital third-party, an oracle, is connected to the system.

An oracle, as a component of blockchains and smart contracts, is an ‘agent’ that finds and verifies real-world occurrences and feeds confirmation to the blockchain for integration into a smart contract, ensuring all parties can trust the record of events. Oracles as a data-feed and an element of multi-signature contracts have no connection with the company of the same name.  However, any third-party input creates a theoretical risk the truth might be tampered with. Now, to create absolute trust, Sherlock offers a built-in oracle solution. In technical terms, DoshEx developers and Digital Twin innovators connected an inbound oracle input from an edge-capable device over a globally enabled USSD network (the global communication system used by mobile technology).

This ensures trusted and SHA256 encrypted input into a blockchain. Encryption using the SHA256 algorithm is tamper-proof. Creighton added: “By using USSD, the edge devices and their inputs can be instantly globalised without reliance on any specific local cellular provider. The edge device can travel anywhere in the globe and transmit encrypted messages into the blockchain.” The Sherlock collaborators can now build industry-specific IoT-enabled smart contracts for large value chains across multiple participants that rely on trusted data. Said Alex de Bruyn: “An example would be mining firms that have to measure quality and quantity from pit to port or a construction group that has to confirm events throughout the build process and critical milestones captured, such as field results of concrete testing, documentation sign-off and versioning, as well as key progress reached as signed off by the professional team, using an IoT-enabled biometric sensor. “The combination of IoT and blockchain will revolutionise efficiency across value chains … and Sherlock is a key enabler, locally and worldwide.”

-- ENDS --

About DoshEx
www.doshex.com DoshEx is a South African company pioneering the development of crypto-tokens and digital assets. Related DoshEx products and services include tokenised solutions for corporates and SOEs, safekeeping of funds and the design and deployment of blockchains and Smart Contracts. DoshEx’s focus is to drive the adoption of tokenised solutions at an enterprise level by implementing blockchain technology into their current business models.

About Digital Twin
Digital Twin is an industry 4.0 focused business and an indirect service provider to a network of specialist and vertical market-focused solution providers. The Digital Twin platform offers this network of specialists the ability to enhance their offering to their customer-base and enable them to deliver bankable ROI projects and services. The platform offers multiple entry points:- Tier 1 – Edge-capable hardware solutionsTier 2 - Global connectivity and data brokerTier 3 - Management console and visualisation Tier 4 - Specific value in use consultation and design Digital Twin offers unique services to its network of specialists, from standardised solutions to rapid prototyping of hardware and software as well as industry 4.0 consultation expertise. 

Contact: www.doshex.com
Alex De Bruyn
Tel:  +27 11 468-5236

Issued By: Tale Spin Media
Zelda Williams
082 461 0689