CT blockchain start-up enables free banking in Uganda

Wala, a Cape Town-based blockchain start-up, is gearing up to roll out zero-fee banking services to the unbanked and underbanked in Uganda. It has partnered with Veridium, a biometrics firm specialising in identity authentication through the use of mobile phones. Together, the two companies are partnering in a challenge to drive the use of biometric identification in financial services, funded by the Bill and Melinda Gates Foundation.

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