Treejer Partners With Kotani Pay to Enable Off-Ramp in Africa
Treejer is delighted to announce its partnership with Kotani Pay, a digital assets ramp for African countries.
The purpose of this partnership is to provide African planters with a tool to offramp their digital assets to fiat currency. Treejer planters receive payments in DAI, a decentralized stablecoin pegged to USD. Planters need to exchange the stablecoins for their local fiat currency, so they can use it in their daily life. With Kotani Pay, individuals from rural communities will be able to easily withdraw the stablecoins to mobile money, a popular payment service in Africa.
Kotani Pay has started working with planters from Ghana and Uganda, while they keep working to be able to serve planters in other countries such as Tanzania. Their platform is also available in Kenya, where we hope to onboard planter communities in the near future.
About Kotani Pay
Kotani Pay is a technology stack that enables Blockchain protocols, dapps and Blockchain FinTech companies to integrate seamlessly to local payment channels in Africa. They provide a reliable on ramp and off ramp service to reach a wider customer base that operates primarily on mobile money services. As Treejer, Kotani Pay is also supported by UNICEF Innovation Fund.
Treejer is an open protocol connecting funders to rural planters worldwide. It uses smart contracts, DeFi and NFTs to empower local communities who protect forests. It's a transparent and bankless bridge between good people who care about the future of our planet.
Using Treejer protocol, anyone can fund and track community-based tree plantation and forest conservation in a new way. Local communities are directly paid to plant and sustain trees with the help of Treejer's underlying smart contracts. This experiment creates green job opportunities for locals around the world and makes sure they're paid even if they don't have access to banks.