#40Days40Fintechs: Sqoin is using Blockchain and Cryptocurrencies to boost financial inclusion.

1103
2509

Our Reporter.

Blockchain technology and Cryptocurrencies – digital representation of value that are digitally traded and act as a medium of exchange, a unit of account and a store of value, are increasingly being adopted across the world.

They are steadily playing a critical role in helping countries across the globe drive their financial inclusion and the cashless economy agenda.

One firm that is playing in this field is Sqoin Blockchain and Cryptocurrency, a Tunisia based Financial Technology (FinTech) start-up, seeking to democratise cryptocurrencies, lobby to get out of the grey zone, and also enable people adopt the token economy.

Mohamed Ali Belajouza, the Sqoin co-founder and chief business officer said that Sqoin is driven by the best promises blockchain technology offers to the population, including helping to boost financial inclusion.

He said that after a lot of effort to create all the software for an African Cryptocurrency, dubbed Bastoji, the Sqoin team is now focusing on tokenised payment systems and related software development.

Products

The firm offers a number of products including cryptocurrencies, community currencies and the token economy and asset tokenisation.

Belajouza said cryptocurrency has a bright future, especially in the financial inclusion aspect and low-fees fund transfers.

To offer the community currencies product, Sqoin partnered with Coinsence, another start-up that aims to empower people with community crypto tokens.

Under the token economy and asset tokenisation, Belajouza said that it is a future proof concept, with a roadmap for the product, VERSA – a blockchain based internal payment system that considerably reduces fees for businesses.

Challenges

He, however, said the products are faced with a challenge of slow adoption as people are not yet familiar with neither the concept nor the technology.

Additionally, he said the regulatory environment of cryptocurrencies is also still a grey zone yet tokens are not regulated at all.

It should be noted that transactions on this platform are made over the internet and there is no central authority that processes transactions. Users are anonymous and identified only by their virtual identities.

He also added that while they need strong partners to co-exist in their dreamy market so as to facilitate geo-scaling, the partners are not easy to come by.

Despite the challenges, there are also immense opportunities and one of them is the regulatory sandboxes, which Belajouza said is opening Tunisia and other North African countries to innovate and test their products on the market before being rolled out.  He, however, noted that they are working closely with the central bank to define a scope.

The other opportunity is inherent in the tech they are using; Belajouza said decentralisation is on-going and they are part of it, adding that financial inclusion is becoming more important.

40 days 40 FinTechs.

Sqoin Blockchain and Cryptocurrency is among the firms participating in the 40-days-40 FinTechs initiative, which is organised by HiPipo under its Include EveryOne program, in partnership with Crosslake Tech, ModusBox and Mojaloop Foundation.

The initiative seeks to enable FinTechs to innovate solutions that facilitate cross-network financial transactions at minimal risks to enhance access to financial services.

Running for 40 days, the project will see the participating 40 FinTechs acquire interoperable development skills to improve access to financial services, using the Mojaloop open source software.

Belajouza commended HiPipo for the initiative, saying that they want to master Mojaloop for use in crypto and tokens so as to bridge the gap with other stakeholder in the transaction loop.

“After studying the Mojaloop software potential, we found it a great way to address global problems, and a great technical starting point to grow and talk to key accounts for adoption,” he said.

For equality, Belajouza said Sqoin believes in gender equity, noting that more than half of their team are women. He added that being a woman is an asset to integrate their team.

“In terms of project, we are working with conscience under the SDG label empowering women on a use case with community currencies for women,” he said.

Innocent Kawooya, the HiPipo CEO said thanked Sqoin for playing a major role in helping the world achieve full financial inclusion soon, rather than later. “It is so amazing, how much Sqoin is leveraging blockchain technology, especially the inter leger protocol to create seamless, secure and bulk payment solutions. HiPipo pledges to introduce them to as many FinTech professionals as possible, to ensure they are equipped with enough skills and knowledge about emerging tools like Mojaloop that are helping to create affordable interoperable payment systems.”

1103 COMMENTS

  1. Taxi moto line
    128 Rue la Boétie
    75008 Paris
    +33 6 51 612 712  

    Taxi moto paris

    I think everything posted was very reasonable. But, what about this?
    suppose you added a little information? I ain’t suggesting your information isn’t good, but what if you added something to
    possibly get folk’s attention? I mean #40Days40Fintechs: Sqoin is using Blockchain and
    Cryptocurrencies to boost financial inclusion. | HiPipo Money
    is kinda vanilla. You could peek at Yahoo’s home page and note how they write post titles to get viewers interested.
    You might add a video or a related picture or two to get people excited about what
    you’ve written. Just my opinion, it could make your blog a little livelier.

  2. Magnificent beat ! I would like to apprentice at the
    same time as you amend your website, how could i subscribe for a weblog website?
    The account helped me a appropriate deal. I were a little bit familiar of this your broadcast provided
    vibrant transparent idea

  3. Do you have a spam problem on this website; I also am a blogger, and I was wondering your situation; many of us have created
    some nice practices and we are looking to exchange solutions with other folks,
    be sure to shoot me an email if interested.

  4. It’s appropriate time to make some plans for the longer term and it’s time to be happy.
    I’ve learn this publish and if I may I desire to counsel you few
    fascinating things or advice. Maybe you could write next articles referring to this article.
    I want to learn more issues approximately it!

  5. Can you lease sildenafil with alcohol. viagra prescription tenable cannot shield an erection after binge drinking. Even so, referee moonshine consumption should not agitate getting an erection. Viagra should toil as intended with modest juice intake. Total, it is unhurt to gulp down can i get viagra without a doctors prescription no prescription viagra and spirits together.

  6. Hey! I’m at work surfing around your blog from my new iphone
    4! Just wanted to say I love reading through your
    blog and look forward to all your posts! Carry on the fantastic work!

  7. [url=https://ljcialishe.com/]buy cialis canadian[/url] [url=https://cialisvja.com/]how much does cialis cost[/url] [url=https://viagraonlinejc.com/]viagra experiences first time[/url] [url=https://viagratx.com/]viagra street value[/url] [url=https://buycialisxz.com/]canadian pharmacy ezzz cialis[/url]

  8. [url=https://kloviagrli.com/]cialis vs. viagra[/url] [url=https://vigedon.com/]is viagra government funded[/url] [url=https://llecialisjaw.com/]cialis cvs[/url] [url=https://jwcialislrt.com/]cialis precio[/url] [url=https://jecialisbn.com/]buying cialis online safe[/url]

  9. Can I knock back coffee while on viagra for sale. Because the tetracycline medications are immensely acidic to begin with, tell your patients not to take the pills with acidic beverages, such as orange force, apple liquid, viagra cheap generic viagra coffee, etc.

  10. What causes wasted erection. Various hazard factors can bestow to erectile dysfunction, including: Medical conditions, cialis order online solely diabetes or will conditions. Tobacco speak, which restricts blood flow to veins and arteries, can — exceeding beat — canada drugs cialis root chronic haleness conditions that lead to erectile dysfunction.

  11. The Phottix Ares, pictured above, are solid remotes and sell for about $55 a set They have eight channels, run on (included) AA batteries, work in the 2.4GHz frequency and come
    with a one-year factory warranty.

  12. I will right away grab your rss feed as I can’t to find your email subscription hyperlink
    or newsletter service. Do you have any? Please allow me understand so that I may
    subscribe. Thanks.

  13. I’ve been browsing online greater than three hours lately, yet I never discovered any attention-grabbing article like yours.
    It’s lovely value sufficient for me. Personally, if all web owners and bloggers made just right content material as you did, the
    web can be much more helpful than ever before.

  14. I have been surfing online greater than 3 hours as of late, but
    I never discovered any fascinating article like yours. It’s beautiful price
    enough for me. In my opinion, if all webmasters and bloggers made just right content as you probably did, the net shall be a lot
    more helpful than ever before.

  15. Hi would you mind letting me know which web host
    you’re utilizing? I’ve loaded your blog in 3 completely different browsers and I must say this blog loads a lot faster then most.
    Can you suggest a good web hosting provider at a reasonable price?

    Many thanks, I appreciate it!

  16. Howdy just wanted to give you a quick heads up. The text
    in your content seem to be running off the screen in Opera.
    I’m not sure if this is a formatting issue or something to
    do with internet browser compatibility but I figured I’d post
    to let you know. The design look great though! Hope you get the issue solved soon. Cheers

  17. I’ve been browsing on-line greater than 3 hours as of late, yet I never found any fascinating article like yours. It is pretty value enough for me. Personally, if all site owners and bloggers made good content as you did, the web will likely be a lot more useful than ever before.

  18. Howdy! I could have sworn I’ve been to this blog before but after reading through some of the post I realized it’s new to me.

    Anyways, I’m definitely delighted I found it and I’ll be
    bookmarking and checking back often!

  19. Hello would you mind stating which blog platform you’re using?
    I’m looking to start my own blog in the near future but I’m having a
    difficult time deciding between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because your layout seems different then most
    blogs and I’m looking for something completely unique.

    P.S Sorry for being off-topic but I had to ask!

  20. It’s the best time to make some plans for the longer term and it is time to be happy.
    I have learn this publish and if I may I desire to suggest you
    some attention-grabbing issues or advice. Perhaps you can write subsequent articles relating to this article.
    I wish to read even more issues approximately it!

  21. It’s the best time to make some plans for
    the future and it is time to be happy. I’ve read this post and
    if I could I desire to suggest you few interesting things or
    suggestions. Perhaps you can write next articles referring
    to this article. I desire to read even more things about it!

  22. I’ve been browsing online more than 4 hours today,
    yet I never found any interesting article like yours. It’s pretty
    worth enough for me. In my view, if all webmasters
    and bloggers made good content as you did, the web will be
    much more useful than ever before.

  23. It is the best time to make a few plans for the long run and it’s time to be happy.
    I’ve learn this publish and if I may just I wish to counsel you few attention-grabbing issues or
    advice. Perhaps you can write next articles referring to
    this article. I desire to read more things about it!

  24. Howdy! This article could not be written any better!
    Looking at this article reminds me of my previous roommate!
    He constantly kept talking about this. I’ll forward this information to him.
    Fairly certain he’s going to have a very good read.
    Many thanks for sharing!

  25. It is appropriate time to make a few plans for the future and
    it is time to be happy. I’ve learn this put up and if I could I wish to recommend you some
    fascinating issues or suggestions. Maybe you can write subsequent articles
    regarding this article. I want to learn even more things about it!

  26. Greetings! I’ve been reading your site for some time now
    and finally got the courage to go ahead and give you a shout out from Dallas Tx!

    Just wanted to tell you keep up the excellent job!

  27. I like what you guys are usually up too. This kind of clever work and
    coverage! Keep up the wonderful works guys I’ve
    incorporated you guys to our blogroll.

  28. It’s appropriate time to make some plans for the future and it’s time to be happy.
    I’ve read this post and if I could I want to suggest you few interesting things or suggestions.
    Maybe you can write next articles referring to this article.
    I want to read more things about it!

  29. Hey there would you mind stating which blog
    platform you’re using? I’m going to start my own blog in the
    near future but I’m having a tough time choosing between BlogEngine/Wordpress/B2evolution and Drupal.

    The reason I ask is because your layout seems different then most blogs and
    I’m looking for something completely unique. P.S Sorry for being
    off-topic but I had to ask!

  30. I absolutely love your site.. Pleasant colors & theme. Did you develop this web site yourself?

    Please reply back as I’m looking to create my own personal blog
    and want to know where you got this from or just what the theme
    is called. Cheers!

  31. I’ve been browsing online more than three hours today, yet I never found any interesting article like yours.
    It’s pretty worth enough for me. In my opinion, if all site owners and bloggers
    made good content as you did, the web will be much more
    useful than ever before.

  32. It is the best time to make some plans for
    the future and it is time to be happy. I’ve read this post and if I could I desire to
    suggest you some interesting things or suggestions.
    Perhaps you can write next articles referring to this article.
    I wish to read even more things about it!

  33. Aw, this was an exceptionally good post. Taking the time and actual effort to
    make a good article… but what can I say… I
    put things off a whole lot and never seem to get nearly anything done.

  34. You have made some really good points there. I checked on the internet to learn more about the issue and found most people will go along
    with your views on this web site.

  35. It is the best time to make some plans for the future and it’s
    time to be happy. I’ve read this post and if I could I wish to suggest you few interesting things or advice.
    Maybe you can write next articles referring to this article.
    I desire to read even more things about it!

  36. Usually I don’t learn article on blogs, however I would like to say that this write-up very pressured me to take a look at and do it! Your writing style has been surprised me. Thank you, very nice article.

  37. I’ll immediately grasp your rss as I can not to
    find your e-mail subscription link or e-newsletter service.
    Do you’ve any? Kindly allow me understand so that I could subscribe.
    Thanks.

  38. It’s appropriate time to make some plans for the future and it’s time to be happy.
    I have read this post and if I could I desire to suggest you some interesting things or advice.
    Maybe you could write next articles referring to this article.
    I wish to read even more things about it!

  39. Simply to follow up on the up-date of this issue on your blog and would want to let you know just how much I liked the time you took to produce this helpful post. In the post, you spoke regarding how to seriously handle this challenge with all convenience. It would be my pleasure to collect some more strategies from your blog and come up to offer other individuals what I have learned from you. I appreciate your usual terrific effort.

  40. It’s perfect time to make some plans for the longer
    term and it is time to be happy. I have read this post and
    if I may just I wish to suggest you some attention-grabbing things or tips.
    Perhaps you can write subsequent articles regarding this article.
    I wish to read even more issues about it!

  41. I will immediately clutch your rss as I can’t in finding your email subscription link or newsletter service.
    Do you’ve any? Kindly let me realize so that I may just subscribe.
    Thanks.

  42. Hello very nice site!! Man .. Excellent .. Wonderful ..
    I will bookmark your web site and take the feeds also?
    I am glad to find so many helpful information right here
    in the publish, we want work out extra techniques in this regard, thanks
    for sharing. . . . . .

  43. Have you ever heard of second life (sl for short). It is basically a online game where you can do anything you want. SL is literally my second life (pun intended lol). If you would like to see more you can see these Second Life websites and blogs

  44. Have you ever heard of second life (sl for short). It is essentially a video game where you can do anything you want. Second life is literally my second life (pun intended lol). If you would like to see more you can see these second life articles and blogs

  45. cialis vs viagra which is better [url=https://cialipik.us]cialis savings card[/url] cialis over the counter at walmart reviews
    over the counter cialis at walmart tadalafil cialis vs viagra

  46. Have you ever heard of second life (sl for short). It is basically a online game where you can do anything you want. SL is literally my second life (pun intended lol). If you would like to see more you can see these second life authors and blogs

  47. Have you ever heard of second life (sl for short). It is basically a game where you can do anything you want. SL is literally my second life (pun intended lol). If you would like to see more you can see these sl authors and blogs

  48. Have you ever heard of second life (sl for short). It is essentially a online game where you can do anything you want. SL is literally my second life (pun intended lol). If you want to see more you can see these second life authors and blogs

  49. I have been browsing on-line more than 3 hours today, yet
    I by no means discovered any attention-grabbing article like yours.

    It’s lovely price sufficient for me. Personally, if all webmasters and bloggers made
    just right content material as you probably did, the net might be a lot more helpful than ever before.

  50. Its like you read my thoughts! You appear to understand a lot approximately this,
    like you wrote the ebook in it or something. I feel that you just can do with
    some p.c. to drive the message home a bit, however instead of that, that is great
    blog. A fantastic read. I will definitely be back.

  51. It’s appropriate time to make some plans for the future and it’s
    time to be happy. I have read this post and if I could I want to suggest you few interesting things or tips.

    Maybe you could write next articles referring
    to this article. I want to read more things about it!

  52. Hi, I do believe this is a great web site. I stumbledupon it 😉 I am going to revisit once again since I saved as a favorite it.
    Money and freedom is the best way to change, may you be rich and continue to guide
    others.

  53. Hi there, i read your blog occasionally and i own a similar one and i was just curious if you
    get a lot of spam comments? If so how do you reduce it, any plugin or
    anything you can suggest? I get so much lately it’s driving
    me mad so any support is very much appreciated.

  54. It’s perfect time to make some plans for the future and
    it is time to be happy. I have learn this publish and if
    I may just I want to recommend you some interesting things or advice.
    Perhaps you can write subsequent articles relating to
    this article. I desire to read even more issues about it!

  55. You really make it appear so easy together with your presentation but I find this topic to be actually something which I think I would by no means understand. It sort of feels too complex and very broad for me. I’m taking a look ahead to your subsequent publish, I will attempt to get the hold of it!

  56. It is perfect time to make some plans for the
    future and it is time to be happy. I’ve read this post and if I could I desire to suggest you few interesting things or suggestions.
    Perhaps you could write next articles referring to
    this article. I wish to read even more things about
    it!

  57. Hi, i read your blog occasionally and i own a similar one
    and i was just wondering if you get a lot of spam remarks?
    If so how do you stop it, any plugin or anything you can recommend?
    I get so much lately it’s driving me mad so any
    support is very much appreciated.

  58. I have been browsing online more than 4 hours today,
    yet I never found any interesting article like yours. It is pretty worth enough for me.
    In my opinion, if all website owners and bloggers made good
    content as you did, the net will be a lot more useful than ever
    before.

  59. Woah! I’m really digging the template/theme of this website.
    It’s simple, yet effective. A lot of times it’s difficult to get that “perfect balance” between usability
    and visual appeal. I must say that you’ve done a
    excellent job with this. In addition, the blog loads very quick for
    me on Chrome. Outstanding Blog!

  60. It’s appropriate time to make some plans for the future and it is time
    to be happy. I have read this post and if I could I wish
    to suggest you some interesting things or advice.
    Perhaps you could write next articles referring to this article.
    I desire to read more things about it!

  61. I’ll immediately seize your rss feed as I can not in finding your email subscription link or e-newsletter
    service. Do you’ve any? Kindly permit me recognise so that I may subscribe.
    Thanks.

  62. One thing is that while you are searching for a education loan you may find that you will want a co-signer. There are many situations where this is correct because you may find that you do not employ a past credit standing so the mortgage lender will require that you’ve someone cosign the credit for you. Great post.

  63. I’ve been surfing online more than three hours today, but I never found any attention-grabbing
    article like yours. It’s beautiful price sufficient for me.

    In my opinion, if all website owners and bloggers made
    good content material as you probably did, the internet can be much
    more helpful than ever before.

  64. Hi, Neat post. There is a problem together with
    your website in web explorer, would test this?
    IE still is the marketplace leader and a good part of folks will omit your great writing because of this problem.

  65. Hi, I do think this is a great web site. I
    stumbledupon it 😉 I’m going to revisit yet again since I book marked it.
    Money and freedom is the best way to change, may you be rich and continue to guide others.

  66. I have been surfing online greater than three hours today, but I
    never discovered any attention-grabbing article like yours.
    It is pretty value sufficient for me. In my view, if all webmasters and bloggers made just right
    content as you did, the net shall be a lot more helpful than ever before.

  67. I’ve been browsing on-line more than 3 hours today, but I by no
    means discovered any fascinating article like yours.
    It’s lovely value enough for me. In my view, if all web owners and bloggers made just right content as you probably did, the net might be much more useful than ever before.

  68. I will right away snatch your rss as I can’t find your email
    subscription hyperlink or newsletter service. Do you
    have any? Please let me recognise in order that I may just subscribe.

    Thanks.

  69. I will right away grab your rss as I can’t to find your e-mail subscription hyperlink or e-newsletter service.
    Do you’ve any? Kindly allow me recognise in order that I could subscribe.

    Thanks.

  70. I’ll immediately snatch your rss feed as I can’t in finding your email subscription link
    or newsletter service. Do you have any? Please permit me
    understand in order that I could subscribe. Thanks.

  71. Thanks for sharing your ideas right here. The other point is that when a problem arises with a personal computer motherboard, folks should not have some risk connected with repairing that themselves because if it is not done correctly it can lead to permanent damage to all the laptop. It’s usually safe just to approach your dealer of that laptop for the repair of its motherboard. They’ve already technicians who may have an experience in dealing with laptop computer motherboard troubles and can make right diagnosis and conduct repairs.

  72. It is the best time to make a few plans for the longer term and
    it is time to be happy. I’ve learn this
    submit and if I may just I wish to counsel you some attention-grabbing things or tips.
    Maybe you can write next articles referring to this article.
    I want to read more things approximately it!

  73. Hello would you mind sharing which blog platform you’re working with?
    I’m going to start my own blog in the near future but I’m having
    a difficult time choosing between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because your design and style seems different then most blogs and I’m looking for something unique.
    P.S Sorry for getting off-topic but I had to ask!

  74. I will immediately grab your rss as I can’t find your email subscription link or e-newsletter service.
    Do you’ve any? Please allow me understand so that I may subscribe.
    Thanks.