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Follow on Google News | Pan-African technopreneurs Snake Nation granted funding by the Interledger FoundationSnake Nation's funding will allow it to develop a network for greater access and financial inclusion by Africans via Interledger Foundation's Tier-1 ILPv4 Protocol, ensuring that payments between countries can be made and received easily.
By: Snake Nation Snake Nation's funding allows it to develop a Tier-1 ILPv4 Network through its University Society Network as a foundational solution to an open payment system, a key pillar of Africa 4.0 (4th Industrial revolution). "The Africa.4.0 rollout will begin in 10 countries, driving adoption of the Snake Nation ILP-enabled wallet. Our Tier-1 ILPv4 infrastructure is a step forward for financial inclusion, and for the creative economy in the Global South," says Dre Ngare, Chief Operations Officer for Snake Nation. The Interledger Foundation champions advocacy for Interledger, an open protocol that permits frictionless payments and micropayments across currencies and ledgers, enabling opportunities for broader global financial inclusion. The Foundation's mission is to build equitable pathways to financial access and digital participation. One of the significant current gaps in the ILP network is access to local African Nodes with the ability to use a Tier-1 ILP capable wallet on the African continent and other Global South countries like South East - Asia, and South America. For more information, please visit: https://snakenation.co End
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