The use of Digital technology has made life a bit easier For Africans in terms of providing Digital services and payment options. Citizens in Africa can now settle their payments via the use of mobile money apps which sometimes could be faulty. Challenges that may pose as barriers in the current African financial payment system are Transaction errors, Delay in Transactions and High-cost of transaction fees.

KOY Network is a distributed financial infrastructure blockchain network that is built to facilitate cheaper and faster payments and remittances in Africa and it's diaspora on the blockchain. With a technology called the KOY Super App that will work on smartphones when launched, unbanked citizens will be able to create mobile bank accounts which they can control their funds from. This development will promote financial inclusion and digital literacy in the continent.

They are also other features that will be carried out with the application such as account recovery, event-ticketing, identity verification, KOY Wallet, ride-sharing, social media and lots more.

African migrants will now have a new means of making quick remittances with low-cost fees while citizens will be able to make fast payments too with lower transaction fees compared to other mobile money applications and traditional banks.

KOY Jumuiya DAO is the DAO that hosts all KOY Network enthusiasts. This is the community where all developers, stakeholders and investors meet and interact. To join the community, become a part of the KOY Jumuiya DAO Telegram.