Watumoney Litepaper

Pico Lending

Microloans have opened the door to new funding mechanisms for small businesses around the world. Financing day-to-day activities remains vastly unaddressed, putting hardworking families around the world at the mercy of unscrupulous loan sharks.

Decentralized

A decentralized peer-to-peer architecture provides for a safer and more secure crypto platform. Users have complete control of their funds; they hold their own private keys and seeds. With Watu, opening an account is easy and requires no email, no name, no verification.

Exchange

Watu brings crypto to the rest of us via a peer-to-peer local exchange. The Wallet is the gateway to the distributed exchange, a network of individually owned kiosks around the world that sell, buy, or lend cryptocurrencies. Users search or browse kiosks based on distance, currency, or ratings.

Payment

With support for connectors such as Near Field Communication (NFC), QR Code, and Email/Phone, Watu Wallet can rival and soon surpass the security and usability of credit cards.

Watu brings digital payment solutions to regions of the world where traditional banking is not reliable, or where local currency is unstable.

Payment Wallet

Provides the simplest way to receive and send funds. With a few clicks, users select recipients and send them crypto using phone numbers or email addresses.

Watu builds on secure next generation crypto protocols that allow fast transactions with minimal to no fees.

Remittance

Sending funds to friends, family, or partners has traditionally been very expensive. No more. Next generation currencies bring fast transactions with zero or near-zero fees. In addition, the wide range of Watu Kiosks around the world ensures that these cryptocurrencies can be exchanged against traditional currencies anytime.