Sikoba is a blockchain-based system to register, track and clear debt.

Find out here how Sikoba can benefit your business or community during COVID-19

Become a Beta Tester News

In the context of the COVID-19 pandemic, sikobaPay offers SMEs a tool to leverage existing trust
relationships and jump-start an efficient and flexible IOU economy, even when money is in short supply. Related article: "Re-learning the use of credit in times of COVID-19: how can governments help?"

Sikoba is a decentralised platform based on peer-to-peer IOUs and built on blockchain technology. Participants who know and trust each other in real life grant each other credit lines in the Sikoba system. They can then pay each other without using fiat money. These peer-to-peer credit relationships are governed by contracts with specific conditions, fee structures and repayment rules.

One of the most important use cases for SikobaPay is to overcome the limitations of Informal credit, which is widely used in developing countries to because of money scarcity. SikobaPay provides the technology to make informal credit much more effective:

Because debt is registered on a blockchain, users obtain legal certainty and are able to establish a credit history
Users can transact beyond their immediate circle of trust, as SikobaPay identifies trusted intermediaries;

SikobaPay automatically clears circular debt, thus reducing the need for cash settlement.
SikobaPay is designed to enhance, expand and automate these age-old mechanisms of transacting by using credit lines

Sikoba in a nutshell

Have a look at one-minute introduction to Sikoba by its founder, Alex Kampa. For more details, please check out our deck.

DECK

How it works:

Create an account

Connect with your usual business partners

Grant and receive credit lines

Decide when to allow your business partners to use
your credit lines via credit conversion

Pay or Request payments

Watch as your credits and debits are cleared automatically!

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Use Cases

The aim of Sikoba is to provide a generic platform for money systems.
A few use cases are listed below, for more information check our Partners page.

Local Currencies

Setting up local currencies is a natural use case for SikobaPay. We aim for an easy set-up that will make it possible to start a local currency even for very small communities.

Jump-Starting Local Economies for the World’s Unbanked

SikobaPay can help to jump-start local economies. Once people realise that bank money is not absolutely necessary, and have a tool for keeping track of mutual credits and debits, even primitive economics may get a boost.

Direct Giving / Basic Income Programs

Instead of distributing cash, beneficiaries get a “credit” in SikobaPay app, which they can use directly for purchases, withdrawal, or for sending to other SikobaPay users.

Optimising Micro-Credit Operations

When artisans and merchants start using their own credit on the SikobaPay platform for local trade, their reliance on micro-credits may decrease. But SikobaPay can also be used as an efficient tool to manage micro-lending, reducing operational costs.

Sikoba is a blockchain-based system to register, track and clear debt.

User Guides and Documentation

Become a Partner

Sikoba Tokens

Technology

In the context of the COVID-19 pandemic, sikobaPay offers SMEs a tool to leverage existing trust
relationships and jump-start an efficient and flexible IOU economy, even when money is in short supply. Related article: "Re-learning the use of credit in times of COVID-19: how can governments help?"

* IOU = "I owe you", an acknowledgment of debt

One of the most important use cases for SikobaPay is to overcome the limitations of Informal credit, which is widely used in developing countries to because of money scarcity. SikobaPay provides the technology to make informal credit much more effective:

Sikoba in a nutshell

How it works:

Subscribe to our Newsletter

Use Cases

The aim of Sikoba is to provide a generic platform for money systems.
A few use cases are listed below, for more information check our Partners page.

Local Currencies

Jump-Starting Local Economies for the World’s Unbanked

Direct Giving / Basic Income Programs

Optimising Micro-Credit Operations

Sikoba is a blockchain-based system to register, track and clear debt.

In the context of the COVID-19 pandemic, sikobaPay offers SMEs a tool to leverage existing trust relationships and jump-start an efficient and flexible IOU economy, even when money is in short supply. Related article: "Re-learning the use of credit in times of COVID-19: how can governments help?"

* IOU = "I owe you", an acknowledgment of debt

One of the most important use cases for SikobaPay is to overcome the limitations of Informal credit, which is widely used in developing countries to because of money scarcity. SikobaPay provides the technology to make informal credit much more effective:

Sikoba in a nutshell

How it works:

Subscribe to our Newsletter

Use Cases

The aim of Sikoba is to provide a generic platform for money systems. A few use cases are listed below, for more information check our Partners page.

FOLLOW US!

In the context of the COVID-19 pandemic, sikobaPay offers SMEs a tool to leverage existing trust
relationships and jump-start an efficient and flexible IOU economy, even when money is in short supply. Related article: "Re-learning the use of credit in times of COVID-19: how can governments help?"

The aim of Sikoba is to provide a generic platform for money systems.
A few use cases are listed below, for more information check our Partners page.