AllianceBlock, a multi-faceted blockchain-based exchange protocol, today announced a partnership with dua, an Albanian platform that includes matchmaking, marketplace, and payment services.

Going forward, AllianceBlock will support dua in the creation of dua.pay, a remittance transaction and payment platform leveraging DeFi to build a digital banking service for international deposits.

Transactions via dua.pay will require $DUA, a stablecoin backed by $ALBT, AllianceBlock’s native asset. Moreover, the teams will create a crypto wallet for dua.pay and a unique token reward system for users. The community-driven platform will be backed by AllianceBlock’s P2P payment platform, Fundrs.

“Digital assets offer fragmented communities unprecedented opportunities when it comes to payments and remittances. This partnership is yet another example of a traditional company venturing into the crypto sphere. Through our Fundrs platform, AllianceBlock’s unique DeFi technology will help give dua’s users more control over their finances, enabling them to safely and cheaply send crypto assets to their families and communities.”

– Rachid Ajaja, CEO and Co-Founder of AllianceBlock