Cryset is set to disrupt Africa with cryptocurrencies and Blockchain
Cryset is a leading Blockchain services provider and distributor in Africa. We build software and partner with Blockchain startups that are looking to extend their market and product reach to Africa. Our objective ultimately to revolutionize the continent’s economy using distributed ledgers. Cryset is creating a decentralised financial system that leverages the blockchain to create a more efficient structure that includes everyone, everywhere in africa and empowers them financially.
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Our Focus
Decentralised Architecture
All our solutions are geared towards a decentralised peer to peer economy that gives people control of their wealth.
Africacentric
Our mission ultimately is to use our products to improve the lives of Africans and improve the continient for the better.
Financial inclusion
We intend to create a new type of financial inclusion that banks the 320 million Africans already excluded.
Settlements
Our solutions are paving the way for payments and remittances using blockchain and cryptocurrencies.
Our Pilot Project
Global Remittances for Africa- Intrupay
Africans pay the highest fees for global remittances. It was estimated by the World Bank in 2017 that the average fee to send money to Africa was about 9.5% and up to 20% in some corridors. This adds up to over $1.85 billion in over charges.
Intrupay is a gateway for payments and remittances for Africa built on the Stellar Blockchain. Our solution is set to disrupt the way global remittance will be sent to africa.Features of Intrupay
Faster tranfers
What used to take days now takes minutes.
Cheaper transfers
We have brought down the fees by over 1000%.
Peer to peer
Peer to peer transfers with you in control of your funds.
Pay bills
Intrupay would also let you pay bills using cryptocoins.
Roadmap & Milestones
Q4-2017
Cryset project is launched
Market research and feasibility studies done for Intrupay
Q1-2018
Q2-2018
Expand Intrupay to 3 other African countries.
Business and government partnerships in regions of operation
Q3-2018
Launch Android and IOS app for Intrupay
Private and public beta testing for PaybyC.
Q4-2018
Launch PayByC for merchants
Launch prepaid cards and local pickup points.
Q1-2019
Add other P2P services like Insurance services.
Expand to other countries in Africa.
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Latest News and Updates
Get the latest news and updates from us by following our blog
On Financial inclusion
The tools to build a decentralised financial system that solves the problem of financial inclusion in Africa already exists. Companies/ services like Micromoney International Bitcoin æternity SPECTRE Omise Co., Ltd.[…]
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