{"id":21573,"date":"2024-04-02T16:03:51","date_gmt":"2024-04-02T16:03:51","guid":{"rendered":"https:\/\/chezaspin.com\/blog\/index.php\/2024\/04\/02\/estonian-fintech-firm-debuts-digital-gold-trading-solution-in-kenya\/"},"modified":"2024-04-02T16:03:51","modified_gmt":"2024-04-02T16:03:51","slug":"estonian-fintech-firm-debuts-digital-gold-trading-solution-in-kenya","status":"publish","type":"post","link":"https:\/\/chezaspin.com\/blog\/estonian-fintech-firm-debuts-digital-gold-trading-solution-in-kenya\/","title":{"rendered":"Estonian Fintech firm debuts digital gold trading solution in Kenya"},"content":{"rendered":"<p><strong>Aufort, an Estonian-government backed fintech company, has deployed a blockchain technology solution which allows Kenyan traders to buy, sell, send and receive <\/strong><strong>physical gold in digital form.<\/strong><\/p>\n<p>In a statement announcing the company\u2019s new partnership with the Fintech Association of<br \/>\nKenya (FINTAK), the association\u2019s Chairman Duncun Motanya said, \u201cThe potential of this innovative platform to revolutionize the gold trade and utilize blockchain technology to enhance accessibility, affordability and combat fraud is tremendous.\u201d<\/p>\n<p>Aufort\u2019s solution caters to both novice and experienced traders, enabling swift digital<br \/>\ntransactions backed by real gold from trusted refineries, thus mitigating risks associated with fraud and inflation.<\/p>\n<p>The company\u2019s solution will enable Kenyans to trade in gold through M-PESA, the most widely used payment method in Kenya.<\/p>\n<p>\u201cThe platform is protected, and each user will have a secure blockchain-based account<br \/>\nprotected by Google 2-Step Verification, accessible through a user-friendly interface for gold transactions,\u201d said Aufort\u2019s Chief Executive Officer, Bert-Ken Raudberg.<\/p>\n<p>Aufort\u2019s solution has been deployed in 30 countries across Europe prior to launching in Kenya, with the company also set to commence operations in the United Arab Emirates.<\/p>\n<p>Gold, which is considered the world\u2019s most secure asset, is securely stored by reputable global companies and vaults are regularly audited by regulated firms for compliance and transparency.<\/p>\n<p>Through collaboration with FINTAK, the umbrella body of technology-based financial service providers in Kenya, Aufort aims to raise awareness about its groundbreaking platform and foster a conducive regulatory environment for its operations.<\/p>\n<p>The post <a href=\"https:\/\/www.kbc.co.ke\/estonian-fintech-firm-debuts-digital-gold-trading-solution-in-kenya\/\">Estonian Fintech firm debuts digital gold trading solution in Kenya<\/a> first appeared on <a href=\"https:\/\/www.kbc.co.ke\/\">KBC<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Aufort, an Estonian-government backed fintech company, has deployed a blockchain technology solution which allows Kenyan traders to buy, sell, send and receive physical gold in digital form. In a statement announcing the company\u2019s new partnership with the Fintech Association of Kenya (FINTAK), the association\u2019s Chairman Duncun Motanya said, \u201cThe potential of this innovative platform to [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21573","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/21573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=21573"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/21573\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=21573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=21573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=21573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}