Exclusive: Africa’s Blockchain pioneer Zone will launch remittance product in 2025
- Zone will launch a remittance product in 2025 to address distribution, liquidity, and licensing challenges faced by remittance providers and IMTOs.
- Zone plans to become the foundation for regulated decentralized finance (DeFi) by combining blockchain technology and traditional finance.
- The company has split into two entities: Qore, a cloud-based SaaS platform, and Zone, the blockchain-based payment gateway.
Zone's plan to launch a remittance product and address the pain points of the industry shows their commitment to innovation and solving real-world challenges. Their vision of combining blockchain technology and traditional finance for regulated decentralized finance (DeFi) is ambitious and could have a significant impact on the financial landscape. The expansion into new markets and the launch of Zone 2.0 further demonstrate their growth and potential.
