Singapore-based Startup, Wadz, Takes on Traditional Payment Firms with the Beta Launch of its Application

19 November 19

Revolutionary payment application, Wadz, is set to take on traditional payment firms, with its anticipated beta launch on November 25, 2019.

Targeting emerging countries such as Indonesia and Vietnam as a start, Wadz offers an inclusive alternative payment technology that will be of benefit to both consumers and merchants.

Wadz stands out by a number of key features. These include the utilization of blockchain technology to speed up transactions; its easy integration to major shopping cart plug-ins; and near-zero processing fees. Finally, a key benefit to the users of Wadz is that users will now be able to spend their cryptocurrencies as a form of payment at merchants of the Wadz payment network.

One demographic on which Wadz is focusing is the “unbanked”. An estimated 200 million people, in the aforementioned countries, have limited access to banking institutions loans, and e-commerce. The lack of access to these banking services ultimately translates to the inability of these “unbanked” to access critical services such as healthcare. By enabling new payment modalities for these services, Wadz hopes to help these people improve their way of life.

Following the beta launch of its application, Wadz will lead an in-depth discussion on the impact of blockchain technology across industries at PSB Academy City Campus, Singapore on November 27, 2019, at 7:00 pm.

This major blockchain event is expected to gather over 300 participants as they get to know this innovative payment technology while discussing alongside the impact of blockchain on the industries of finance and logistics.

Featured among the distinguished roster of speakers is Anndy Lian, author of the book “Blockchain Revolution 2030” and blockchain advisor for Asian Productivity Organization (APO). His knowledge of Blockchain technology and his work has drawn attention from various international media such as Forbes, Bloomberg, Reuters, Yahoo, Nasdaq, FOX News, The Straits Times, Business Times, ABC News, Singapore Business Review, Asia Business Weekly, CBS News, CNET, ZDNET and many more. Anndy believes that this will revolutionize and redefine traditional businesses.

Wadz CEO, Anish Jain, will also speak in the same forum and views this event as an excellent jumping-off point for Wadz as it goes full steam ahead. “Wadz is off to a promising start after attracting over 50,000 merchants in Indonesia and 5,000 in Vietnam, which are expected to onboard to our platform in the first quarter of 2020,” he says. “Adopting the innovations Wadz offers will help merchants grow their businesses so we are confident that these numbers will further increase as we move along.”

Moderating the forum is Wadz’s Regional VP of Partnerships and passionate blockchain entrepreneur, Aaron Tan.

This forum is open to all. Interested parties can register for free at https://www.eventbrite.sg/e/blockchain-industrial-impact-wadz-beta-launch-tickets-81420696495.

For media inquiries, please contact:

David Carollo
Regional VP of Marketing
+65 9775 5756

Liew Jia Jun
Marketing & Communications Manager
+65 9734 6661

About Wadz

Wadz is an inclusive payments infrastructure that leverages on blockchain technology to incentivize data ownership for consumers and businesses and to redefine payments processor technology. Through the Wadz platform, consumers can securely monetize their personal data as businesses aim to source market information through safe, reliable, and transparent channels.

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