Adaverse supports Ghana Web3 startup Mazzuma's AI-based smart contract generator.
Fintech is one of Africa's most active industries right now. Fintech firms now oversee a major portion of the continent's payments and transactions.
In fact, the continent's more than 600 million active mobile money accounts are a good example of this. As Web3 advances, new blockchain-based solutions are emerging.
Mazzuma, a Ghanaian firm, is one of the leading startups utilizing Web3 as a new solution for blockchain technology. Surprisingly, the startup has now acquired an undisclosed, considerable amount of funding from Adaverse to implement the roll-out of their AI-powered smart contract development platform - MazzumaGPT.
Adaverse is a Cardano Ecosystem Accelerator that brings together entrepreneurs, strategists, and mentors in order to develop the most solid foundation across Africa and Asia.
MazzumaGPT, a platform backed by artificial intelligence, enables developers in building smart contract codes for Web3 decentralized applications. By integrating the benefits of AI and blockchain, the platform accelerates the development and deployment of smart contracts, allowing enterprises to quickly explore new possibilities.
MazzumaGPT is distinct from other AI tools such as ChatGPT, Github Copilot, and Bard in that it is specifically designed for Web3 code, making it more precise for usage scenarios using blockchain technology. Plutus and Solidity, two Web3 programming languages, are combined to allow developers to easily construct smart contract code using natural language prompts.
Mazzuma, founded in 2017 by Nii-Osae Osae-Dade and Kofi Genfi, began as a payments app but has steadily migrated into the Web3 realm via cryptocurrencies and blockchain.
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