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Africa to Experience Secure and Affordable Financial Services with TBD and Chipper Cash Integration

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Executives from TBD (part of Block) and Chipper Cash convened at the Kempinski Hotel in Accra on April 14, 2023, to unveil their impactful partnership to the Ghanaian media.

During the meeting, Mike Brock CEO of TBD emphasized the core principles driving their collaboration, highlighting their commitment to building public infrastructure for open protocols and technology, fostering trust through decentralized solutions.

“With TBD, we focus on building public infrastructure for the world to develop open protocols and technologies that enable the transfer of value using digital access. It’s like a decentralized technology serving as the backbone for how we can establish trust,” Brock said.

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The partnership with Chipper Cash signifies a leap forward in enhancing financial accessibility across Africa. By integrating with TBD’s tbDEX, Chipper Cash will leverage decentralized technologies like Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs) to revolutionize cross-border payments. This advancement promises secure, efficient, and cost-effective financial services, empowering individuals and small businesses especially in remote and underserved areas, to participate more actively in the formal financial system.

 

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