April 16, 2019 IBOMLLC Team

Tech Startup Launches Africa’s First Blockchain Powered Minerals Trading Platform

sawa minerals

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Sawa Minerals works with small-scale miners who make a huge contribution to the global minerals trade

The platform utilizes blockchain-backed smart contracts to make it easy to buy and sell ethically mined precious metals and stones in a safe and transparent manner

NAIROBI, 16 April 2019Sawa Minerals, a tech-driven startup has created and launched a trading platform that will open up the mining industry.

The platform will simplify and ease the buying and selling of ethically mined minerals from artisans and small scale miners (ASM) across Africa and the developing world.

The name ‘Sawa’ is Swahili for “fine”, “all good” or “no worries”. The start-up’s CTO & Co-founder Mr. Kali Angwa said they settled on the name because it captures the purpose of the platform.

Sawa Minerals platform utilizes blockchain-backed smart contracts to make it easy to buy and sell ethically mined precious metals and stones in a safe and transparent manner.

The ultimate goal of Sawa Minerals is to bring transparency, and ensure that artisans and small-scale miners are part of an inclusive value chain that will transform their livelihoods.

It is a …read more

Read more here:: Tech Startup Launches Africa’s First Blockchain Powered Minerals Trading Platform

      

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