AllianceBlock, a multi-faceted blockchain-based exchange protocol, today announced a partnership with Dua, an Albanian platform that includes matchmaking, marketplace and payment services.
Going forward, AllianceBlock will support Dua in building dua.pay, a remittance transaction and payment platform that leverages DeFi to create a digital banking service for international deposits.
Transactions via dua.pay will require $DUA, a stablecoin backed by $ALBT, a native asset of AllianceBlock. In addition, the teams will create a crypto wallet for dua.pay and a unique token reward system for users. The community-driven platform will be backed by AllianceBlock’s P2P payments platform, Funders.
“Digital assets provide unprecedented opportunities to fragmented communities when it comes to payments and remittances. This partnership is yet another example of a traditional company entering the crypto space. Through our fundraiser platform, AllianceBlock’s unique DeFi technology This will help give users of Dua more control over their finances, allowing them to send crypto assets to their families and communities safely and cheaply.
– Rashid Ajaja, CEO and Co-Founder of AllianceBlock