Use Cases

1. Cross-Border Payments

Businesses and individuals can use cNGN to make instant and low-cost cross-border payments, reducing fees and transaction times compared to traditional financial systems.

• Users: Exporters, freelancers, or remittance services.

2. Transparent and Auditable Financial Transactions

Institutions can track every transaction in real-time using blockchain technology, ensuring full transparency and compliance with regulatory bodies.

• Users: Financial institutions, auditors.

3. Regulated Digital Asset Integration

Financial entities can integrate cNGN as a regulated stablecoin to ensure compliance while accessing the benefits of digital assets, bridging the gap between traditional finance and the blockchain space.

• Users: Banks, fintech startups.

4. Cost-Efficient Domestic Transfers

Individuals can make secure and cost-effective domestic transfers using cNGN, benefiting from the low fees of digital currency transactions.

• Users: Individuals, small businesses.

5. Financial Inclusion for Unbanked Populations

By leveraging cNGN, unbanked populations can gain access to digital financial services, enhancing financial inclusion and fostering economic growth.

• Users: NGOs, fintech companies focusing on financial inclusion.