As a researcher with extensive experience in the field of blockchain and financial inclusion, I find this collaboration between Jambo and Lif3 incredibly exciting. The potential impact on millions of unbanked individuals across emerging economies is nothing short of groundbreaking.
Abu Dhabi, United Arab Emirates, November 5th, 2024, Chainwire
- This collaboration introduces a blockchain-based payments solution for innovative $99 Jambo smartphones, targeting crypto payments for millions.
Hello there! Let me rephrase that for you: Greetings! Jam-Build, a pioneer in constructing web3 mobile infrastructure, has just revealed its collaboration with Life3, an innovative multi-chain DeFi foundation on the blockchain. This partnership aims to provide simple access to peer-to-peer cryptocurrency transactions for millions of Jam-Build phone users across more than 120 countries, through the user-friendly Life3 mobile application.
Under the leadership of serial entrepreneur and web3 investor Harry Yeh, Lif3 has joined forces strategically with Jambo. This partnership combines Lif3’s advanced DeFi (Decentralized Finance) ecosystem with Jambo’s mobile technology expertise, specifically designed for developing economies. As a result, it becomes easier for emerging countries to participate in the global financial market.
In emerging markets, particularly Africa, there are distinct difficulties that call for imaginative approaches to tackle genuine problems. For instance, about 57% of its 1.5 billion people lack banking services, and around half do not own a smartphone. The partnership between Jambo and Lif3 aims to solve these issues by offering secure and user-friendly crypto payment solutions in real-time. This endeavor will empower millions through better connectivity, increased security, and simplified access to digital financial services. Furthermore, the Lif3 mobile app will come pre-installed on the JamboPhone, accompanied by quests and educational programs to help users learn about the new technology while being rewarded.
Regarding the alliance, Harry Yeh, Quantum FinTech Group’s Managing Director, expressed that Lif3 is dedicated to making financial possibilities available for all, regardless of location. By joining forces with Jambo, we are streamlining access to decentralized financial services such as cryptocurrency transactions and AI-integrated solutions. This move signifies a significant stride in addressing economic disparities and improving lives in developing markets.
Furthermore, James Zhang, one of the founders at Jambo, commented, “In numerous developing areas worldwide, a single smartphone is shared among an entire family and each member has limited daily usage. Having a JamboPhone expands horizons–it’s like discovering a new life. By incorporating Lif3 directly within the Jambo system, we are making it incredibly simple for users in developing markets to securely and effectively engage with the digital economy. The merging of Lif3 into the JamboPhone is revolutionary when it comes to crypto transactions, paving the way for economic involvement that was once thought impossible.
In this collaboration, Lif3 apps will come pre-loaded on all JamboPhones worldwide. This means users can instantly set up their crypto wallets and access a variety of DeFi services integrated within the Lif3 ecosystem. Additionally, this partnership aims to provide educational resources to help newcomers navigate the web3 environment securely, fostering knowledgeable digital citizens.
As a researcher immersed in this collaboration between Jambo and Lif3, I am excited about the transformative impact it could have on communities previously underserved by traditional banking systems. This partnership is not just about expanding digital technology access but also paving a path towards financial inclusion where such services were once out of reach. By directly addressing the disparity in financial services, our aim is to integrate the unbanked into the economic mainstream and foster grassroots economic growth.
About Jambo
Jambo – The Most Globally Distributed DePIN Smartphone. Jambo’s vision is to bring emerging markets on-chain through building the largest web3 mobile infrastructure network. Jambo is backed by investors globally, including Paradigm, Tiger Global, Pantera, Delphi and more.
Hello there! Let me rephrase that for you: Jambo is welcoming a new billion users to the world of web3 by introducing the JamboPhone 2, an affordable Android smartphone priced at just $99. This phone comes pre-loaded with various web3 applications right out of the box, making it easy for users to explore this digital universe. The Jambo Ecosystem is already installed on the device and includes mobile games compatible with web3, digital wallets, payment systems, and numerous other features.
As a researcher delving into the realm of technology, I’m excited to share that you can stay updated with the cutting-edge happenings from Jambo by following their Twitter account/X. If you’re intrigued by their innovation and want to get your hands on the JamboPhone, simply visit jambophone.xyz. Moreover, I invite you to become a part of the vibrant Jambo Community and spearhead web3 adoption alongside them on Telegram.
To learn more about Jambo, users can visit jambophone.xyz
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About Lif3
Life3.com is shaking up the blockchain sector through its multi-chain DeFi environment and carefully selected Layer-1 blockchain. The self-managed Life3 Wallet, accessible via the App Store and Google Play, gives users control by unleashing the full capabilities of Web3, enhancing user experiences in Decentralized Finance, Gaming, iGaming, music, entertainment, and beyond. The $LIF3 token is now tradeable on Bitfinex, Bitmart, and MEXC exchange platforms.
To learn more about lIF3, users can visit lif3.com.
For more information, users can contact: media@lif3.com
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About Quantum Fintech Group
Quantum Fintech Group is a privately-established investment company launched in 2020, primarily dedicated to generating high yields within the non-traditional financial market sector, with a particular emphasis on investments in blockchain technology.
Social Media: X
Contact
Chantel Elloway
media@lif3.com
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2024-11-05 17:41