Cryptocurrency last weekend took Lagos, Nigeria, by storm as realtors in the state wooed their customers with Oduwacoin, the first pan-African cryptocurrency.
The realtors, including Diaspora Land Bank, introduced Oduwacoin as a convenient payment option for short-term rental accommodations in the state. This development came as Oduwa Blockchain Solutions, led by the charismatic Bright Enabulele, also known as Nana Obudadzie I, secured partnerships with hospitality stakeholders in Africa.
Cryptocurrencies have been gaining worldwide popularity as individuals and businesses alike are embracing digital assets for transactions. With the adoption of Oduwacoin by Diaspora Land Bank and others, customers can now enjoy a seamless and secure way to book and pay for short-term rentals in Lagos, and Africa at large.
Oduwacoin, a decentralized digital currency operating on a transparent and secure network without the need for intermediaries like banks or governments, offers fast and reliable transactions, making it an ideal payment method for shortlet services.
“We firmly believe that cryptocurrency is the future of money, and we are proud to be at the forefront of this revolution. By accepting Oduwacoin, shortlet service landlords are providing their tenants with a secure and convenient way to pay for their accommodation,” said Damilare Famuyiwa, the Public Relations Officer (PRO) of Oduwa Blockchain Solutions.
The adoption of Oduwacoin as a payment option for shortlet services received overwhelming support from Lagosians. Amongst them is Popular singer, Neophlames, who expressed his excitement, stating that cryptocurrency is the future of finance and there’s no better time to embrace it than now.
In a similar vein, musician Tosin Music shared his positive experience with using Oduwacoin at the launch party.
Impressed with the speed, and infrastructure of making payments with Oduwacoin, Tosin Music expressed his conviction that Oduwa Blockchain is making it easier for customers to book and pay for short-term rental accommodation.
The partnerships between Oduwa Blockchain Solutions, Diaspora Land Bank, and other stakeholders in the hospitality industry, however, mark a significant milestone in the adoption of Oduwacoin in Africa, showcasing the growing acceptance of the asset as a viable form of payment.
As more businesses and individuals continue to recognise the benefits of Oduwacoin, it is expected that their adoption will continue to soar, shaping the future of finance in Africa and beyond.