JUA
web3 friendly social commerce neobank
The problem JUA solves
Africa’s SMEs are growing fast, but most still can't access real financial services because their data is scattered and banks don't understand them.
Mobile money is everywhere, crypto adoption is rising, and stablecoins are now trusted for saving and payments.
Jua is launching now to connect these trends, helping SMEs organize their money, access stablecoin finance, and grow across Africa, right when they need it most
Challenges I ran into
One major challenge we faced was the high gas fees on Ethereum, which made it too expensive for small businesses to use blockchain features like payments.
We overcame this by building on Layer 2 solutions like Base, which offers fast, low-cost transactions while still securing data on Ethereum.
Another challenge was the risk of smart contract hacks, especially when handling sensitive financial data.
To solve this, we focused on building minimal, audited smart contracts and keeping most user financial logic off-chain with strong encryption,using the blockchain only where it adds real trust and value
Tracks Applied (1)
Stablecoins
Technologies used
Cheer Project
Cheering for a project means supporting a project you like with as little as 0.0025 ETH. Right now, you can Cheer using ETH on Arbitrum, Optimism and Base.