Innovation Tagline: Decentralized value transfer
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- Thabo Moshoane Thabo Moshoane
- Vuyani Ngcana
- Xolani Xolani Andile Ngcana
- Tebogo Moshoane
- James Mazivise
- Mosotho Moshoane
- Peter Chomba
- Themba NdweneJabu Mahlangu
Project Description (no more than 1,000 words including graphics)
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Key Partners
System Owners(Ankh Negus Pty ltd) & (Korri Fintech Pty Ltd)
HyperLedger Foundation
Linux Foundation
3rd Party Agents(LSM business owners)
Systems Administrators and Developers
End Users
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Decentralized money transfers
Remittance advise
Decentralized digital marketplace and services
Digital & physical deposits
ATM & 3rd party Withdrawals
Value Proposition
P2P mobile payments
Bill payment(Utilities, Airtime, Data, Retailer)
Deposits and withdrawals
AI support services
Undocking(Offline system cache)
Split payments
Multichannel E-commerce platform(3rd party agents and Retailers)
Architecture Security
our architecture is more secure compared to client-server. For instance, by having no central point of failure and having a large number of nodes distributed across the network, Denial-of-Service(DoS) attacks are not possible.
Another benefit is data immutability, where the data once is written cannot be altered. The bigger the network, the less chance it can be altered. To alter the data, the majority of the nodes need to be controlled by one entity to carry out a 51% attack.
Customer Relationships
Money transfer between family and friends, employers and employees
Deposits and withdrawals
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