The Aptos Foundation and Jambo Technology have joined forces in a strategic partnership to promote the adoption of Web3 technology in emerging markets.
The collaboration, announced on Thursday, aims to leverage Aptos’ cutting-edge blockchain technology and Jambo’s development expertise for African markets, to drive digital inclusion and accessibility.
A smartphone for third-world economies?
At the heart of this partnership is the JamboPhone, a blockchain smartphone designed for users in Africa, Southeast Asia and Latin America. Competitively priced at $99, the JamboPhone aims to democratize access to the digital economy in regions where connectivity and resources are limited.
By integrating the Aptos network via pre-installed applications such as the Aptos Petra compatible wallet, users will benefit from seamless access to blockchain technology and its countless opportunities. This initiative aligns with Aptos and Jambo’s vision of empowering individuals in emerging economies to actively participate in the global digital marketplace.
Another key aspect of the partnership is the Jambo app, an educational platform designed to familiarize users with the features and benefits of Web3 markets. From decentralized finance (DeFi) to gaming, the Jambo app will serve as a gateway for users to explore and engage with the evolving landscape of blockchain-based services.
By providing accessible, user-friendly resources, Aptos and Jambo aim to equip individuals with the knowledge and tools they need to navigate the digital economy with confidence. Through informative content and interactive features, the Jambo app seeks to bridge the gap between traditional and decentralized financial systems, enabling users to make informed decisions and capitalize on emerging Web3 opportunities.
Affordable and accessible to all!
In terms of affordability and accessibility, the JamboPhone stands out from previous offerings on the blockchain smartphone market. Unlike models such as Solana’s $1,000 Saga, the JamboPhone offers high quality and functionality at an affordable price of $99. What’s more, its availability in over 40 countries underscores the partners’ commitment to reaching underserved populations and driving widespread adoption.
By making Web3 technology accessible to a wider audience, Aptos and Jambo aim to catalyze innovation and economic growth in emerging markets, bringing new opportunities to individuals and communities worldwide.
