WadzPay and LedgerFi — An unbreakable bond: Building a decentralized communicative remittance platform

January 1, 2022

The era of Web3 is beginning, where the exchange of digital assets worldwide is evolving, expanding and innovating with each passing day. However, core challenges still exist in simplifying these exchanges for assets beyond digital currencies.

With an aligned vision of building an ecosystem for the seamless exchange of digital assets — digital currencies, information, data, content, messages, emails and more — WadzPay and LedgerFi are now partnering to allow each internet user to collaborate and communicate through an interoperable, trustworthy, user-friendly platform. The goal is to provide the highest level of security, privacy and protection of digital rights in a decentralized manner.

WadzPay — a leading payments platform for interoperable and blockchain-enabled cross-border remittance of digital asset-based transaction processing and settlements — is now partnering with LedgerFi IT Solutions to build the world’s first decentralized communication suite, integrated with decentralized finance.

LedgerFi recently launched LedgerMail — the world’s first decentralized email solution built on a hybrid blockchain on XinFin Network. Since its inception in August 2021, LedgerMail has successfully onboarded about 750,000 users, while projecting 1 million by the end of the first quarter of 2022.

WadzPay will be providing technology solutions and infrastructure support to enable LedgerMail users and the merchant network to accept digital currency payments and implement peer-to-peer transfers for leading digital currencies within both the LedgerFi ecosystem and third-party wallets.

“We are delighted to announce our strategic partnership with LedgerFi, which serves as a testament of WadzPay’s technological capabilities in enhancing existing client propositions and platforms with innovations, as well as digital currency solutions. We share the same vision that blockchain technology is the future that will benefit every human being on this planet through security and data privacy,” said Anish Jain, CEO and managing director of WadzPay.

Vinay Krishna, LedgerFi CEO and founder, said, “As we are experiencing the global adoption of digital currencies as a store of value, now we should take steps toward recognizing them as sound money. This collaborative alliance between LedgerFi and WadzPay will start unfolding the true potential of digital assets and act as a benchmark for building (the) Web3 internet we deserve!”

The strategic partnership between WadzPay and LedgerFi hopes to penetrate up to 7% of the global digital payments market, which is projected to be worth $11.29 trillion by 2026. They expect to serve more than 10 million users by 2022, with exponential growth, massive adoption and true disruption through this resilient partnership.

Disclaimer: *WadzPay is a B2B technology provider. All regulated activities featured in WadzPay are conducted by licensed entities in applicable jurisdictions.