Swifin, in collaboration with Reltime, is launching a groundbreaking Web3 financial platform powered by an advanced Layer 1 blockchain and an all-in-one Web3 SuperApp. This innovative platform enables instant transactions and seamless currency exchanges across borders, supporting all 54 African currencies as well as major global currencies.
Designed to connect individuals, businesses, and nations, the platform offers users a unique digital identity and exchange framework, providing real-time access to a global economy where value can be transferred instantly, anytime, anywhere.
Leveraging Reltime’s award-winning Layer 1 blockchain and AI-powered platform, Swifin will transition nearly 2 million users to the new system while integrating essential components from its existing legacy platform.
Unlocking the Power of Web3 with the Swifin SuperApp
Swifin’s next-gen SuperApp is poised to revolutionize how individuals and businesses engage with digital financial services. Powered by Reltime’s Web3 core technology, the app offers a seamless, secure, and decentralized user experience, bringing unprecedented access to personal finance, digital banking, and eCommerce services. Key features include:
- 54+ Currencies: Convert currencies globally with reduced costs.
- Instant Payments: Cross-border peer-to-peer (P2P) transfers allow users to send and receive funds globally with ease.
- Digital Currencies and CBDCs: Securely store and transfer digital currencies and Central Bank Digital Currencies (CBDCs) with full control of finances.
- Joint Accounts and Group Wallets: Tailored for families, businesses, and communities, enabling collaborative financial management with real-time oversight.
- Tokenized Asset Management: Manage and trade tokenized real-world assets like property and precious metals, offering liquidity, fractional ownership, and easy transfers.
- Loyalty and Reward Programs: Customizable loyalty programs increase engagement and customer retention through reward points and tokens.
- Smart Contracts and Automated KYC: AI-powered, fully automated Know Your Customer (KYC) processes ensure secure and compliant transactions.
Transforming Finance and eCommerce
Swifin’s platform, powered by a Layer-1 Proof of Authority Blockchain, ensures zero gas fees, making financial services transactions more accessible for all. The partnership with Reltime includes technology to power services such as:
- Custodian Wallets: Secure, financial institution-managed accounts in select local currencies linked to the Swifin SuperApp for instant digital financial services.
- Non-Custodian Wallets: User-controlled wallets for digital asset storage without third-party custodians.
- Payment Solutions & QR Code Payments: Frictionless, contactless payments for individuals and businesses, supporting all currency types (fiat, CBDCs, cryptocurrencies, and other digital units).
- Utility Tokens & Digital Fiat Support: Integration of tokens and stablecoins across industries like telecom, retail, and manufacturing.
- eKYC and Identity Management: Advanced customer verification and identity management, adhering to global regulatory standards.
- Supply Chain Tokenization: Tokenizing goods in supply chains to enhance transaction speed, transparency, and logistics.
- Cross-Border Settlements & Financial Inclusion: Instant cross-border transactions foster financial inclusion in underserved communities and global trade opportunities.
Marlene Julo, Co-Founder & CEO of Reltime, commented, “We are thrilled to partner with Swifin to bring decentralized financial services and cutting-edge Web3 infrastructure to merge millions of people and businesses around the world with Reltime’s technologies. This partnership represents the first milestone to drive financial inclusion and economic growth in emerging markets, and we are excited to be part of this digital transformation.”
Dr. Linus Etube, CEO of Swifin, added, “Our partnership with Reltime is a transformative leap forward in inclusive digital financial services, bringing the power of decentralized financial technology to individuals, businesses, and nations worldwide. By blending our decades of expertise in inclusive finance with this cutting-edge innovation, we are creating a real-time value exchange platform that allows anyone, anywhere, to seamlessly participate in the global digital economy. With our unique transaction ID and a secure, transparent, and cost-effective system, users can access financial services, eCommerce, and tokenized assets in any currency. Together with local financial institutions and grassroots communities, we are building a future where everyone is empowered to connect, contribute, and thrive in the global digital economy.”
