Accra, Ghana, March 12th, 2024, Chainwire
Gluwa’s CEO, Tae Oh, has paid a courtesy visit to the Vice President of Ghana, Mahamudu Bawumia, to discuss technological opportunities within the country for improving financial inclusivity.
As part of Gluwa’s continued mission to increase financial access in underserved or unbanked areas across Africa, CEO Tae Oh is honored to have had the opportunity to discuss the ongoing development of Ghana’s Central Bank Digital Currency (CBDC) with the Ghanaian Vice President, Mahamudu Bawumia, in a recent visit.
Vice President of Ghana, Mahamudu Bawumia pictured with Tae Oh, CEO of Gluwa, Akin Jones, Director of Gluwa, and Kay Jegede, Associate Director of Gluwa.
In addition to providing support for the development and adoption of its CBDC, Gluwa also introduced its latest technological solution: a satellite-based Internet Service Provider (ISP) designed to expand digital access across Africa. The complementary integration of CBDCs with a satellite-based ISP aims to increase financial access within Ghana and provide a robust foundation for expanding both digital and financial economic opportunities within the country.
Gluwa is a leading financial technology company responsible for major blockchain solutions including the Credal API, which has helped emerging market fintech lenders connect to millions of new users and build immutable credit reputations on-chain.
The meeting follows other similar developments in Nigeria, where Gluwa recently began working with the Central Bank of Nigeria as an official Partner Agent on its CBDC, the eNaira.
About Gluwa
Gluwa is a pioneering L1 blockchain platform designed for the documentation and matching of credit transactions. It establishes a public ledger that records credit histories and loan performances, setting the stage for a new era of interoperable cross-chain credit markets. By collaborating with technology partners and fintech lenders, such as Aella, and engaging with financial institutions in global emerging markets, Gluwa’s Creditcoin framework is facilitating capital financing, building credit histories, and fostering trust among millions of financially underserved individuals and businesses, guided by the principles of Real World Assets (RWA).
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