Coinfirm, a London-based blockchain startup, has launched a new anti-fraud blockchain network in Africa, via a partnership with KAD ICT Hub, a technology centre in Kaduna, Nigeria.

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The initiative is being launched at the ‘Africa Blockchain Lab’, which the two partners opened in August 2018. Its main goal is promoting financial inclusion, which is an issue in Africa, where large numbers of people do not have bank accounts.

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The anti-fraud network takes the form of a subgroup of Coinfirm’s AMLT Network.

The main feature of the AMLT Network is that it encourages members to ... (read more)