Australian and African tech startups forge Blockchain-Powered partnerships

Now fintech companies like Australian startup Power Ledger are combining renewable solar energy and blockchain tech to deliver P2P energy trading solutions. They have already expanded their activities in India, Europe, Southeast Asia, and the US and are looking for more opportunities. They have attended ACTAI & Bitfury’s Annual Blockchain Summit in Morocco last year, discussing how blockchain and bitcoin-based tech can help transform the region and the world.

Last year, Tanzanian fintech startup ClickPesa joined forces with Australian fintech and telecom leader Novatti Group to facilitate cross-border transactions for Australian mining companies based in Tanzania. They used an AUD utility token and the blockchain-based Stellar protocol, which provides a model for allowing cryptocurrency-to-fiat-currency transactions. ClickPesa, which aims to serve the East African region, including Kenya, Uganda, Malawi, and Congo, has started working on a pilot project with the Australian company.

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Source: Australian and African Tech startups forge Blockchain-Powered partnerships