Zone’s layer-1 blockchain is purportedly Africa’s first decentralized, cross border, currency-agnostic payments solution.
Zone, the company behind Africa’s first regulated blockchain network for payments, announced the launch of its new “ZonePOS” point-of-sale payment gateway solution on June 5.
The new product appears to be a novel solution for the area, according to a press release from Zone.
Per Zone, the company’s blockchain-powered payment infrastructure implements direct transaction routing to issuers within regulatory guidelines on interbank payments. This marks one of the few, if not the only, decentralized gateway for currency-agnostic payments in the African market.