The KOY Super App is a universal mobile application that will be launched by the KOY Network, A centralized distributed financial infrastructure network built to facilitate payments and remittances in Africa and it's diaspora.
KOY Super App will be built on the KOY Blockchain which is a unique, fast, cost-effective and reliable blockchain. The Blockchain has the capability to power 40,000 transactions per second and uses 0.5 seconds blocktime. With such features of the blockchain, KOY Network will be able to handle financial payments for both small and large businesses in Africa.
There are a lot of features that the KOY Super App will possess ranging from Event ticketing, KOY Wallet, Ride-Sharing/Bus transportation, Digital Identity Verification, Health/Degree/Certificate records, Social media that comes with integrated payments, Financial services,Account recovery services.
With their smartphones, Africans will no longer need to go through the stress of queuing up at the traditional banks or paying high transaction fees for making transactions. Migrants will be able to make super-fast remittances to Africa and transactions with low-cost fees.
People living in remote areas will have access and take full control of their funds using the KOY Wallet and they will easily receive remittances from their families overseas. Businessmen and their customers will use the app for payment purposes. Users on the network will also have the opportunity of owning a customized 5 character username only exclusive to them.
KOY Network was built to serve Africa with the target to encouraging financial inclusion and promoting digital literacy which will in turn create an impact on the African digital economy.
Project owners are free to build their mobile money, payment provider, Greentech applications on the KOY Blockchain. KOY Network being a regulated network will meet regulations in the African countries where the applications will be deployed.
