In recent years, the issues surrounding international transfers and access to financial tools have become pressing for many freelancers and content creators in Africa. The Blockroll platform, founded by Sadiq Isiaka and Stephen Adeyemo, aims to address these challenges.
Payment System Challenges in Africa
Sadiq Isiaka, a project manager in a Web3 initiative, faced difficulties receiving payments that have become a shared issue for freelancers across Nigeria and other African countries. These challenges include slow and expensive international transfers, coupled with difficulties converting stable currencies into local currency.
What is Blockroll?
Blockroll was created as a response to the challenges faced by freelancers, allowing them to manage their finances in stable currencies while providing a simpler registration process without the need for knowledge of gas fees. Launched in March 2024, Blockroll offers multi-currency wallets and smart invoicing.
The Future of Blockroll and Its Market Impact
Sadiq Isiaka plans to expand Blockroll to other African countries over the next five years. The platform has already processed nearly $100,000 in transaction volume within its first 60 days. Future developments include enhanced branding tools and new financial services.
Blockroll aims to significantly change the financial landscape for African freelancers, providing accessible and convenient solutions for receiving and managing income in a digital format.
