Kotani Pay
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Kotani Pay is a platform that enables users and businesses in Africa to access stablecoins for local currencies

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#Article : Startups in Kenya building Innovative Solutions on the Celo Blockchain

#Blockchain, a decentralised, distributed ledger for digital information is one of the most innovative technologies today and it is already disrupting various industries.

Blockchain powers cryptocurrencies and NFTs and can radically change multiple sectors, including payments, cybersecurity, healthcare among others.

Just this week, a consortium of leading #Ethereum decentralized finance (#DeFi) projects announced DeFi for the People, a collaboration of global crypto organizations united by a common goal: bringing DeFi to the 6 billion smartphone users around the world.

Built on Celo, the new initiative will offer more than $100 million in educational initiatives, grants, and incentives. The majority of program participants will jointly contribute half the funds for incentive programs.

Kenya’s Blockchain Projects Built on #Celo
The buzz is building up in #Kenya with Blockchain and Decentralized Finance (DeFi) projects picking up.

In no particular order, we have put together a list of some interesting startups in Kenya building innovative solutions on Celo, a global payments mobile-first blockchain infrastructure platform that makes financial tools accessible to anyone with a mobile phone.

Kotani Pay
#KotaniPay is a technology stack that enables Blockchain protocols, Decentralized applications (dApps) and Blockchain FinTech companies to integrate seamlessly to local payment channels in Africa with a primary focus on mobile money services.

Kotani Pay makes it easier to integrate through its secure APIs that support lending protocols, payment platforms, saving circles, exchanges, dApps and teams innovating around value transfer.

#Africa’s most dominant #mobilemoney payment services such as Mpesa, MTN money with Airtel money also available on the platform. Kotani Pay supports cUSD (Celo dollar) a stable currency that tracks the price of the US Dollar on Celo.

Article was originally posted on @KenyanWallstreet

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