Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Blockchain Technology Excellence Award Given to Africa’s Payment Framework Firm

Blockchain Technology Excellence Award Given to Africa’s Payment Framework Firm

Kelly Cromley by Kelly Cromley
May 30, 2022
in Market News, News
Reading Time: 2 mins read
0

AppZone, a payment infrastructure firm based in Sub-Saharan Africa, was recently recognized as the deserving recipient of the Excellence in Blockchain Technology Award at the 2022 iteration of the Africa Fintech Summit, which took place in Washington, DC. Through a variety of pan-African summits, roundtables, virtual events, and investor missions, the Africa Fintech Summit, which is now in its 7th year, showcases the entrepreneurs and prospects that are modernizing finance in Africa on the stage of the global economy.

The Africa Fintech Summit Awards platform is a long-standing tradition that was designed to recognize African fintech stakeholders for their actions in enabling the continent’s start-up ecosystem, accelerating innovation, and driving financial inclusion and literacy. This platform also serves as a place to present awards to individuals who have made significant contributions to the African fintech industry.

This award was given to AppZone in acknowledgment of its initiatives in steering the implementation of blockchain technology for processing payments in Africa and accomplishing seamless integration with the framework of the prevailing conventional financial environment with its blockchain payments system, ZONE.

This effort is Africa’s first private blockchain network. It links banks and fintech companies directly with one another, eliminating the need for an intermediary, allowing seamless digital payments and enabling previously excluded financial institutions to join. Over sixteen commercial banks in Nigeria have already accepted it, and it is now being rolled out to more financial institutions, fintech companies, and commercial banks throughout Africa.

Mr. Obi Emetarom, co-founder and CEO of the firm, expressed his satisfaction about the organization’s rise amid so many other well-deserving organizations providing value in the ecosystem. He said this while speaking about the company’s recognition.

Obi stated “It is astonishing to see how quickly Africa’s financial technology ecosystem is maturing, and we are excited to be a part of the narrative of how the continent is making progress. It is an exciting moment to be active in the African financial technology sector, whether as a client, an investor, a conventional financial institution, or an entrepreneur. The satisfaction that comes from being recognized for the solutions that we develop at AppZone is even more fulfilling.

We have not wavered in our dedication to the goal of connecting every financial institution and another source of wealth in Africa with the rest of the globe. Such acknowledgments will only serve to motivate us to contribute even more to the rapidly developing fintech environment in Africa.”

Since its debut, the Africa Fintech Summit has been held annually to bring together the most proactive and prominent minds driving the expansion of Africa’s fintech industry. At the same time, the summit recognizes excellence in entrepreneurialism and innovation within the African financial sector.

The awardees of the Africa Fintech Summit 2022 were chosen using a hybrid methodology that took into account both public nominations and comments from the AFTS Advisory Board.

Appzone is able to digitize fiat payments using its Layer-1 Blockchain network, which also facilitates the shift to digital currencies and connects earlier excluded financial firms into an all-inclusive payments industry. These two goals are accomplished simultaneously.

Appzone introduced Zone, Africa’s first decentralized payment network, in the month of December 2021. This network enables participating institutions to connect directly with one another and carry out payment transactions without the need for an intermediary. Additionally, it fully automates the processes of settlement, reconciliation, and dispute administration.

Previous Post

Ex-Lawyer Unveils Blockchain Powered Real Estate Platform

Next Post

Welsh Govt Aided Startup iov42 Partners Tata Steel UK to Explore Blockchain Capabilities

Related Posts

BTQ Technologies

BTQ Unveils Quantum PoW Simulator for Digital Asset Security

by Kelly Cromley
Jul 8, 2025
0

BTQ Technologies Corp., a global leader in quantum technology, has launched its Quantum Proof-of-Work (QPoW) Simulator, a publicly accessible platform...

Pundi AI

Pundi AI Transforms Datasets into Tradeable Crypto Assets

by Kelly Cromley
Jul 8, 2025
0

Singapore-based Web3 firm Pundi AI has introduced a novel feature called Data Pump, designed to convert AI training datasets into...

terminus network partners with velmora

Terminus and Velmora Join Hands to Advance IoT and DeFi Synergy

by Kelly Cromley
Jul 8, 2025
0

Terminus, a leading player in the crypto exchange sector, has unveiled a new strategic partnership with Velmora, a platform recognized...

aurora-mobile-partners-with-hashnut

Aurora Mobile Partners with HashNut to Advance Web3 Payments

by Kelly Cromley
Jul 8, 2025
0

Aurora Mobile Limited, a prominent player in China's customer engagement and marketing technology sector, has entered into a strategic partnership...

qitmeer-partners-with-catalyst-ventures.

Qitmeer and Catalyst Ventures Unite to Drive Ethical Web3 Growth

by Kelly Cromley
Jul 8, 2025
0

Qitmeer Network, a forward-looking public blockchain platform rooted in Islamic finance principles, has formed a strategic partnership with Catalyst Ventures,...

etherscan-unveils-hyperevm-scan

Etherscan Launches HyperEVM Scan to Boost Web3 Transparency

by Kelly Cromley
Jul 8, 2025
0

Etherscan, widely regarded as a leading blockchain data provider for the Ethereum network, has introduced a new dedicated block explorer...

Next Post
Welsh Govt Aided Startup iov42 Partners Tata Steel UK to Explore Blockchain Capabilities

Welsh Govt Aided Startup iov42 Partners Tata Steel UK to Explore Blockchain Capabilities

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

BTQ Technologies
Market News

BTQ Unveils Quantum PoW Simulator for Digital Asset Security

by Kelly Cromley
Jul 8, 2025
Pundi AI
Market News

Pundi AI Transforms Datasets into Tradeable Crypto Assets

by Kelly Cromley
Jul 8, 2025
terminus network partners with velmora
Market News

Terminus and Velmora Join Hands to Advance IoT and DeFi Synergy

by Kelly Cromley
Jul 8, 2025
aurora-mobile-partners-with-hashnut
Market News

Aurora Mobile Partners with HashNut to Advance Web3 Payments

by Kelly Cromley
Jul 8, 2025
qitmeer-partners-with-catalyst-ventures.
Market News

Qitmeer and Catalyst Ventures Unite to Drive Ethical Web3 Growth

by Kelly Cromley
Jul 8, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree