Kamari and ZeU Crypto to build digital gaming and lottery applications

By Nikita Chaurasia  | Date: 2019-12-07

Kamari and ZeU Crypto to build digital gaming and lottery applications

Kamari, a leading project building blockchain infrastructure throughout Africa has recently announced a joint venture with ZeU Crypto Networks, a Canada-based blockchain technology development firm. Under the joint venture, the companies will build digital gaming and lottery applications that will run within the Kamari ecosystem. The lottery applications will potentially serve millions of users across multiple countries in Africa.

To build this ecosystem, the firm has procured national lottery licenses from multiple African countries. After the creation of infrastructure and the product launch, the company will be able to market to over 50 million adult customers exclusively.

As per sources close to the matter, the development of lottery and gaming applications will eventually integrate with the Kamari mobile wallet. ZeU Crypto Networks will handle the technical development of these applications. The company will also provision use of the KAM currency in its applications and in the MulaMail Marketplace, which will further allow email users to exchange tokens between themselves and have access to the service offered by Kamari Ecosystem from within their email application. ZeU Crypto Networks’ Mula planned P2P (peer-to-peer) microlending will also be compatible with the Kamari ecosystem.

Dr. Chris Cleverly, Chief Executive Officer, Kamari, was reportedly quoted saying that the firm envisions a new type of infrastructure that will unlock financial benefits for millions of people. This joint venture has offered a big opportunity to transform many lives and provide them with a fundamental infrastructure which is much more effective and efficient than countries in the Western world.

The companies are looking forward to establishing a joint venture entity which will oversee the development as well as deployment of an integrated ecosystem. The partners are likely to initiate in short order P2P e-commerce initiatives in eSport, gambling and gaming through participants of Kamari projects operating on ZeU protocol.
 

Source Credit: https://finance.yahoo.com/news/kamari-zeu-crypto-announce-joint-153800342.html

About Author

Nikita Chaurasia     aeresearch.net

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More >>

More News By Nikita Chaurasia

L&T Technology Services partners with Qualcomm to amplify 5G adoption

L&T Technology Services partners with Qualcomm to amplify 5G adoption

By Nikita Chaurasia

L&T Technology Services Limited has recently announced that it is teaming up with Qualcomm Technologies, Inc., the world’s leading wireless technology innovator. With the latest collaboration, the firm plans to offer end-to-end solutions...

PNAS, Straive partner to deliver end-to-end content production services

PNAS, Straive partner to deliver end-to-end content production services

By Nikita Chaurasia

Renowned U.S.-based nonprofit and non-governmental organization, NAS (National Academy of Sciences), has reportedly collaborated with Straive, one of the leading technology-driven solutions providers for Content, EdTech, and Data. With this acquis...

Japan pushes innovations in 'deep tech' sector with solar cell technology

Japan pushes innovations in 'deep tech' sector with solar cell technology

By Nikita Chaurasia

Amid the most promising next-generation solar cell technology innovations, Enecoat Technologies, a provider of materials development services in Japan, is reportedly developing perovskite. Following its completion, the Kyoto-located start-up expec...

GIC to acquire majority shares in opulent Sani/Ikos properties

GIC to acquire majority shares in opulent Sani/Ikos properties

By Nikita Chaurasia

Singapore's sovereign wealth fund, GIC has agreed to pay around $2.2 billion to buy a majority stake in Sani/Ikos Group, a Mediterranean luxury resort operator, marking the largest transaction in the European resort market since the Covid-19 pand...

Excelra, Patcore partner to offer enhanced digital insights to customers

Excelra, Patcore partner to offer enhanced digital insights to customers

By Nikita Chaurasia

Excelra, a data and analytics solutions provider, has recently announced its partnership with Patcore, Inc., to provide better access to its analytics products and scientific data for customers in Japan. For the unversed, Excelra is one of the top...