Jambo and Lif3 Partner to Offer Blockchain-Based Payments Solution for Millions of Smartphone Users in Emerging Markets

Jambo, a web3 mobile infrastructure builder, has partnered with Lif3, an omni-chain DeFi Layer-1 ecosystem, to introduce blockchain-based payments for their $99 Jambo smartphones. The collaboration aims to provide easier access to peer-to-peer crypto payments for millions of users in over 120 countries.

By combining Lif3’s innovative DeFi ecosystem with Jambo’s expertise in mobile technology targeted for emerging economies, the partnership aims to improve access to the global financial market, especially in regions like Africa where a large percentage of the population remains unbanked and without access to smartphones.

The Lif3 mobile app will be pre-installed on JamboPhones, accompanied by educational programs and quests to help users navigate new technology and earn rewards. The initiative intends to empower millions by enabling enhanced connectivity, improved security, and streamlined access to digital financial services.

Source

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