AllianceBlock Partners with dua to Disrupt the Thriving Remittances Industry
In line with our vision for an integrated landscape of traditional and decentralized worlds, we’re excited to announce a partnership with dua.com, who are changing the way globally fragmented communities connect, both emotionally and financially. dua’s international community of users currently stands at over 270,000.
With a shared mission to empower and connect communities we'll support dua in the creation of dua.pay, a remittance transaction and payment platform leveraging DeFi to build digital banking service for international deposits. Transactions via dua.pay will require $DUA, a stablecoin cryptocurrency backed by ALBT AllianceBlock’s digital asset. The teams will create a crypto wallet for dua.pay and a unique token reward system for their users. This community-driven platform will be backed by AllianceBlock’s peer-to-peer payment platform Fundrs, the backbone of this pioneering model.