Interswitch, African pioneer fintech company, has been interested in Blockchain Technology. Together with Microsoft, they built a Blockchain-as-a-service (BAAS) platform to create a Blockchain-based supply chain financial platform. They have now partnered with KuBitX Limited to co-create a Blockchain solution.
#KuBitX has officially entered into a #business and technical partnership with @InterswitchGRP to co-create a #blockchain service platform for everyone.
Read more about this partnership here –> https://t.co/aNQQ72pNA1
#MondayMotivation #mondaythoughts pic.twitter.com/WwFwDyUI7X
— KuBitX (@kubitx) May 27, 2019
See also: Mastercard partners Samsung to Secure Digital Identity on Mobile Devices
KuBitX Limited is a Blockchain solutions company, popular for its digital assets marketplace for exchange of tokenized assets. They also offer KuBitX PROW, payments, and remittance solution for instant international transfers at a low cost.
The KuBitX PROW ensures convenient travel within Africa, as travelers will no longer rely on currency changes at black market rates. A user of their app can fund his/her wallet from one country and spend in other countries where KuBitX and Interswitch platform is established.
Interswitch is an African fintech company that facilitates the electronic circulation of money. It builds and manages payment infrastructure and also delivers innovative payment solutions across the continent. The partnership with KuBitX will leverage Blockchain technology to successfully solve African socio-economic problems.
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