Ennova Holdings Launches Upgrade 'TIER' to Empower Africa's Financial Future Through Blockchain Innovation
Ennova Holdings, a forward-thinking organization committed to
addressing financial inequality in Africa, has announced the launch
of ‘TIER' app upgrade version. TIER app is a simple payment and
cross-border remittance app utilizing blockchain, AI technology,
and big data. This revolutionary blockchain initiative aims to
redefine financial possibilities while empowering individuals
across the continent.
Migrant workers in Africa often face significant obstacles,
including being unbanked due to documentation issues and grappling
with high remittance fees. In response, Ennova Holdings is
pioneering innovative blockchain solutions through the TIER app,
with a clear vision to tokenize assets for direct payments and a
strong commitment to education and empowerment.
Education stands at the forefront of Ennova Holdings roadmap,
recognizing that knowledge is key to unlocking Africa's blockchain
potential. Through the TIER, the organization is on a mission to
educate African and Asian youth about blockchain technology,
nurturing a new generation of leaders poised to steer Africa toward
economic growth and social cohesion.
TIER is a multi-tiered app, offering intuitive payment and
remittance solutions that surpass traditional services notorious
for high fees. Features such as deposit-only ATMs, facial
recognition payments, and user-friendly interfaces make financial
transactions accessible and rewarding for all.
In the words of CEO Ashiek Anandhaw, "Ennova Holdings exists to
create financial innovation for a sustainable future. With each
step taken, every partnership forged, and every innovation
introduced, we remain steadfast in its mission to redefine
financial freedom, ushering in an era of shared prosperity for the
youth of Africa and beyond.”
Ennova Holdings vision extends beyond geographical borders, with
plans to extend its impact to Southeast Asia and cultivate an
ecosystem encompassing education, incubation, and empowerment
across both African and Asian markets.
The AUC token, currently used as the utility token for the Advanced
project, is issued based on the ERC-20 standard. However, in order
to lead financial innovation and enhance the quality and
inclusivity of financial services, it plans to begin testnet
launching by the end of this year and schedule a mainnet conversion
in the type of a hard fork in the first quarter of 2024.
Looking ahead, Ennova Holdings aims to establish a global credit
rating agency tailored to the unbanked population, bridging
international financial gaps, and fostering inclusion.
About Ennova Holdings
Ennova Holdings is an organization committed to addressing
financial inequality in Africa. Through the TIER app the
organization pioneers innovative blockchain solutions, aiming to
tokenize assets for direct payments while prioritizing education
and empowerment. Ennova Holdings envision a future where financial
freedom knows no boundaries and where blockchain technology becomes
a catalyst for inclusive economic growth. For more information,
Media contact:Plato Data
Source: Ennova Holdings
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