Kamari, a project building blockchain infrastructure across Africa, has announced a joint venture (JV) with ZeU Crypto Networks, a blockchain technology innovation and development company out of Canada, the company said.
The parties will create a Joint Venture entity with the mandate to build digital lottery and gaming applications that will run within the Kamari ecosystem and potentially serve millions of users across multiple countries in Africa.
Kamari looks to develop the fundamental infrastructure that will serve Africa´s population as it doubles to two billion over the next several decades. Africa´s GDP is predicted to increase from USD 2 trillion today to USD 29 trillion in today´s money by 2050. The “Blockchain Opportunity in Africa” will also have mobile technology at the center of its massive growth across the continent.
The two companies are in the process of establishing a joint venture entity that will oversee the development and the deployment of an integrated ecosystem. The partners should initiate in short order Peer-to-Peer (P2P) e-commerce initiatives in gaming, eSport, and gambling through participants of Kamari projects running on ZeU protocol and are expected to be a trial by fire for ZeU public protocol.
The partners are planning to deploy in late December, for the purpose of intracompanies testing, a first innovative lottery game using the KAM token. Demonstration to gaming commissions and regulators should be conducted in Q1 2020.