Coti partners with Empowa
Coti partners with Empowa to explore using Djed as a means of transferring funds to African Building Partners. Empowa is a RealFi project built on the Cardano blockchain.
Empowa enables local African developers to offer an affordable lease-to-own option for eco-homes to their customers. This system gives tenants the opportunity to own a home at the end of the lease period, thereby providing quality housing for them.
A core mission of Empowa is to increase the mainstream adoption of blockchain across the African continent with special attention being paid to Cardano’s offering. The inclusion of the Djed stablecoin as a means of transferring funds to local building partners brings Empowa a step closer to its goal to speed up blockchain adoption in Africa.
“As a proud Cardano project, we are excited to see the ecosystem reach this significant milestone, the launch of a native stablecoin. We are eager to play our role in supporting broader adoption of the Djed stablecoin, especially across the African continent”.— Glen Jordan, Empowa CEO and Co-Founder
This partnership, along with some of the previous ones we have announced, will ensure the proper utilization of Djed across the entire Cardano ecosystem and create an increased use case for it across multiple platforms. Stay tuned for more updates.
ABOUT Empowa
Empowa is a RealFi project on the Cardano blockchain. It provides affordable, home loans for financing that excludes across the African continent. This achieves by enabling local developers to offer an affordable lease-to-own option for eco-homes to their customers. Empowa enables this through DeFi and NFTs (Impact Cards). Philanthropists, collectors, and investors support this through the purchase of these NFTs (Impact Cards).
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ABOUT Coti Network
COTI is a DAG-based Layer 1, specifically designed for Enterprises. COTI meets the challenges of both CeFi and DeFi. Introduced a new type of DAG-based base protocol that is scalable, fast, private, inclusive, and low-cost.
