Recently the Gluwa wallet got integrated into the Aella consumer credit application. The collaboration event recorded more than 1 million transactions over the blockchain across Africa. The Luniverse sidechain now holds transactions records for the 2 million Aella app users living in the African region. Gluwa is a San Francisco-based financial platform that utilizes both decentralized infrastructure and global investment opportunities so that its clients can manage financial aspects.
Gluwa platform has its own erc-20 token dubbed as Gluwacoin. Gluwacoin is pegged with 1:1 with fiat currencies.
Gluwa first joined hands with a unique kind of lending platform for the unbanked individuals within emerging markets called Aella four years ago but the integration between them was realized just recently. It took Gluwa almost three months to record a million blockchain transactions according to reports. The founder and CEO of Gluwa Tae Oh stated that reaching this milestone within such a short time is no less than an achievement in itself.
Tae Oh also mentioned that
“the partnership highlights the broad benefits of an API integration allowing all transactions to be processed through the Aella application.”
