Every year, 10 to 12 million youth enter the workforce in Africa. But only 3.1 million jobs are created, leaving a significant...
Infrastructure Powered by DLT for Better Security & Transparency
CAMS is built on an advanced infrastructure that uses Distributed Ledger Technology (DLT) to offer more secure and transparent payments. Multiple mobile network operators, banks, and financial organizations can connect on the infrastructure, enabling faster, cheaper, and more transparent ways to transfer value and share data.
Benefits of DLT
Built-in trust to remove the possibilities of fraud
Interoperability that goes beyond the region of operation or industry
Immutably stored data can be shared safely and instantly
Smart contracts to automate the transfer of money and data
Vast entrepreneurial opportunities for mobile network operators and banks
Wakandi Core – Powerhouse of Wakandi’s infrastructure
Wakandi Core is an advanced system consisting of APIs and DLT that powers the infrastructure and all its functions. It connects users on the infrastructure and lets them create, track, and manage transactions.
- One standard API for seamless connectivity
- Enable Open Banking for fast and secure data accessibility
- Smart contracts as a service to build custom solutions on DLT
Discover the endless possibilities of DLT and Wakandi Core!
"EY is assisting Wakandi in relation to assessing tax, legal and strategy aspects. The project has the power and potential to change the payment industry by enabling banks in many countries to offer true open banking solutions. By connecting banks to the Wakandi network, next generation payment solutions might be developed in a modern and fast way."
Nordic Blockchain Lead, EY Tax & Law
"The Wakandi blockchain network allows us to integrate our existing services quickly and with ease, which is a game-changer. We were so impressed that we took it upon ourselves to sign up and be one among the first few companies on the network."
Executive Director, YellowDot Mobile SA (Pty) Ltd
"Enabling startups to take the advantages of DLT by integrating with our infrastructure will result in real-life applications of DLT that could disrupt the payment industry as we know it."
Co-founder Ledgefarm / Wakandi Group
Insights and Blogs
Cash has been a primary mode of payment in Africa. It accounts for more than 80% of retail transactions conducted in African...