AllianceBlock, a multifaceted 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 the lawsuit in creating dua.pay, a transfer transaction and payment platform that leverages DeFi to build a digital banking service for international deposits.
Transactions via dua.pay will require $DUA, a stablecoin backed by $ALBT, the original asset of AllianceBlock. Furthermore, the teams will create a crypto wallet for dua.pay and a unique token reward system for users. The community-driven platform will be powered by AllianceBlock’s proprietary P2P payment platform, Fundrs.
Digital assets offer fragmented communities unprecedented opportunities when it comes to payments and transfers. This partnership is another example of a traditional company entering the cryptocurrency space. Through our Fundrs platform, AllianceBlock’s unique DeFi technology will help give Dua users more control over their finances, enabling them to safely and inexpensively send crypto assets back to their families and communities.”
– Rachid Ajaja, CEO and Co-Founder of AllianceBlock