home of the IOU* economy
* IOU = "I owe you", an acknowledgement of debt
SikobaPay is a blockchain-based system to register, track and clear debt. Our goals are to reduce money dependency, boost local economies in developing countries and allow the unbanked to establish a credit history. We have launched our MVP and the beta testing of the mobile app is well on underway.
Co-branded versions of SikobaPay can also be used for local currencies and basic income programs.