WadZPay Blockchain payments provider to list on UAE Crypto Exchange soon
WadzPay will list its token on a
Middle East crypto asset Exchange soon, according to its Group CEO. In a tweet
WadzPay CEO Anish Jain states “We will also expand presence to regional
exchanges in UAE, India, Africa and South America.”
The WadzPay ecosystem provides
infrastructure for emerging CBDC and Stable coin technologies allowing governments
and institutions to sandbox or commercialize programs both at a domestic or
international level.
WadzPay is building an interoperable and agnostic
blockchain-based payments ecosystem. The company was founded in 2018 in
Singapore and is currently operating in South East Asia, South Asia, Middle
East and Africa. As per their website the company saw the potential for CBDC
and Digital Assets leading the next revolution in the payments industry: by
enabling faster payments, improvements in security, cost efficiency with
optionality.
They claim to be working with large international payment
companies, banks and other large global companies to enable digital asset-based
transaction processing and settlement. WadzPay is currently present in Dubai
UAE.
WadzPay recently took part in Commercial
Bank of Dubai's Innovation Challenge at DIFC FinTech Hive. Where they presented
their digital wallet solution and were shortlisted in the Top 10 Companies,
from a field of 100. In the final round WadzPay together with Commercial Bank
of Dubai’s team will Pitch their solution to their Executive Council.
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