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Ziwwe

A decentralized service that allows anyone send assets to anyone globally, supporting lending and borrowing of stable assets.

About

Ziwwe

What Ziwwe aims at solving:

Mission

Improving economies of developing countries by transforming cross-border services and trades.

Components of The Ziwwe Project
  • Send Cardano stable coins** to any recipient in the world that will receive the funds in their local currencies.
  • Match Maker functionality: Matching send transactions with local remitters to fulfill the transaction.
  • Lending and borrowing for stable assets with APY. Lenders can receive up to 20% APY on their stable assets.
Audience
  • People seeking to send money internationally to friends and family.
  • Small business seeking to remit money for the fulfillment of goods and services.
  • Local remitters seeking to join the Ziwwe platform to remit funds from senders to recipients.
  • Node operators and Match Makers seeking to match Senders with Remitters.
Impact
  • Senders can send Cardano stable assets to recipients anywhere in the world at minimal cost with a fast transaction finality.
  • Increase in the labor force of countries as local remitters, especially developing nations in the MEA region, are able to fulfill transactions and get compensated.
  • Increased GDP, since the labor force is increased for participating countries.

Project Catalyst Link: https://cardano.ideascale.com/c/idea/403440

**Note: Cardano does not yet have any stable coins that are widely used by the Cardano ecosystem. This project is dependent on that.

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