Curated News
By: NewsRamp Editorial Staff
September 20, 2024
Boom Technologies Launches Decentralized Finance Market Infrastructure for the Unbanked
Discuss on Reddit
Discuss on SubstackTLDR
- Boom DeFi Ecosystem offers financial autonomy without traditional banking, creating a competitive advantage for individuals and businesses.
- Boom SuperApp, BoomPay, and Boomswap are the innovative technologies that underpin the secure and comprehensive e-commerce solution offered by Boom DeFi Ecosystem.
- Boom's decentralised finance market infrastructure empowers the world’s unbanked and underbanked population, creating a more inclusive and equitable global digital economy.
- Since its launch in July 2023, the Boom SuperApp has recorded over 100,000 downloads, making it an impactful and widely adopted platform.
Impact - Why it Matters
This news matters because it introduces a secure and comprehensive e-commerce solution for the unbanked and underbanked population, allowing them to participate in the global digital economy without traditional banking. The launch of Boom's decentralized finance ecosystem creates a movement for financial freedom and agility, making being unbanked a choice rather than a lack of privilege.
Summary
Boom Technologies has launched its decentralized finance market infrastructure, providing e-commerce solutions and financial autonomy without traditional banking. The new ecosystem offers a self-custodial approach, empowering the unbanked and underbanked population to participate in the global digital economy. The platform includes the Boom SuperApp, BoomPay, and Boomswap, along with an AI-generated credit scoring system.
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Boom Technologies Launches Decentralized Finance Market Infrastructure for the Unbanked
