Product Description

At Mazzuma, we are building blockchain infrastructure tools and payments APIs targeted at developers ly as well remittance infrastructure for emerging markets using AI. Our entire ethos is to build tools that bridge the gap between the web2 and web3 ecosystems. Today, Mazzuma has processed more than $140 million in transactional volume and has over 360,000 customers and beneficiaries on its platform.

Use of Web3 Technologies

We have developed an AI-powered smart contract generator that enables developers to scaffold and build decentralised applications in a seamless manner. We believe this will enable web2 projects to easily migrate their solutions to web3 and facilitate rapid smart contract development for existing developers. We also have an ODL (On-Demand Liquidity) solution, with which our remittance partners can get access to settlement liquidity at zero interest/commission, allowing them to maximise capital efficiency to grow their business.

Current Market Gap Addressed

Millions of web2 developers ly actively want to develop in web3 environments and port the logic of their new and existing applications to web3 stacks. Unfortunately, the learning curve for web3 programming languages are very steep, costly, difficult to implement and very time costly. So, there is a big need for a service to easily assist them do this both rapidly and efficiently. On Demand Liquidity Remittance companies ly want to scale as fast as possible at the lowest cost. Traditional pre-funding offers provided by banks to remittance companies is always at an interest, which is costly and very time-consuming. This doesn’t allow them manage their liquidity efficiently since without locking in funds at different financial intermediaries they cannot operate their floats and provide settlements easily.