Inspiration
MY Blano Global STORY Moving money fast here in Africa is very difficult
Transaction cost is 15 times higher here in Africa and settlement of funds in your account can take about 3-5days
This is a huge gap in the cross-border financial payment system and can also be a matter of life and death urgency in receiving funds.
2005 (over 16years ago) I stood in the hospital with my dad after he had a Fatal Motor Accident with his Mercedes Benz Concorde 208 SEL Model, which I will never forget.
The doctor could not attend to him without full upfront payment, we didn't have enough cash and our friends didn't have a fast way of sending money fast to the hospital. my dad couldn't receive appropriate care on time, he died as a result of over bleeding that day, right beside me in the waiting room.
A few years later I traveled to Kenya Nairobi to be precise for a program and I watched my lady friend Ashley just pull out her mobile devices and pay for her goods item with "Paypal" and I said wow! if we had such technology in Nigeria in 2005 maybe my Dad would still be alive today.
There are over 1.3 Billion people in Africa with about 500 Million internet users currently in Africa.
Just in, Nigeria recorded over 12.1 Million Crypto Traders with the highest trading volume in 2020 all around the world!
We are filling the gap in Cross Border payments for Africa and the world at large. we are building a seamless and transparent system of making payments anywhere in the world using Cryptocurrency, Local Banking systems, and several others
Most especially we aim to become the African most trusted Payment/Escrow platform where over 1.3Billion Africans can comfortably perform their daily transactions seamlessly and hassle-free!
We then set out to create a better way to send, receive money, make payments and perform cross border transactions.
What it does
Cross Border payments Blockchain Banking Buy and Sell Cryptocurrency Crypto Wallet
How we built it
We have built our project and it's currently live on Google play store, it took us while trying to get all the necessary API and core wallet infrastructure needed to build our platform, we worked tirelessly day and night to ensure we have a perfect project launch.
Challenges we ran into
We ran into numerous challenges like crypto wallet integration issues, delay in API rectification. We also ran out funds at some point all this delayed us so much. But still we didn't stop there, am happy to say that we have successfully launch and all things are working out fine.
Accomplishments that we're proud of
We have acquired few customers about 1,500 Downloads with over 8,089$ Payments processed with 700+ Transaction volume
What we learned
We learned Patience, consistency, iteration and above all we learnt to believe in our dreams to make Blano the most trusted platform for Africa
What's next for Blano Global
We are working on expansion and acquiring more customers
Built With
- api
- flutter
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